Manifest Space: Simplifying Space Mobility with Morpheus Space CEO Daniel Bock 3/8/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 8 March 2024
⏱️ 21 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | In 2015 there were roughly 1,400 active satellites in orbit. Today, there's an estimated 9,500. |
| 0:08.0 | More spacecraft means more risk of collision, and a satellite needs to be able to move out of harm's way. |
| 0:14.4 | In the past, maneuvering systems could be costly and not easily scalable to large constellations. |
| 0:20.4 | Morpheus space is trying to change that. |
| 0:23.0 | CEO and co-founder Daniel Bach says the goal is to offer more mobility to connect space-based infrastructure with other industries. |
| 0:31.0 | We want to create on the one hand a real economy around in space mobility. |
| 0:36.8 | So to give you an example from the hardware perspective, we are offering our proportion systems |
| 0:41.8 | as hardware as a service or we also call it pay as you go. |
| 0:46.4 | So we were inspired by the aviation industry actually where you also, yeah, not buy the engines for the planes, but you pay by the hour. |
| 0:58.0 | And so we slightly adapted that concept, that business model, and I offered that to the industry the first time. |
| 1:04.8 | And so you basically have to only have to pay for what you use |
| 1:08.7 | the propulsion system for. |
| 1:10.6 | And that significantly reduces the barriers to entry on a financial aspect. |
| 1:17.0 | The start-up's pitch to customers, a one-stop satellite services shop, from software that analyzes and designs missions to |
| 1:24.7 | hardware-based propulsion systems offered on an hourly rate. On this episode |
| 1:30.0 | expanding space mobility and building a subscription model to do it. I'm Morgan Brennan |
| 1:36.3 | and this is manifest space. |
| 1:40.3 | Let's set the stage here and that is tell me what Morpheus Space is what you do. |
| 1:47.0 | Yes, so Morpheus Space is an in-space mobility company and in short or to summarize it we move satellites in space in a smart, efficient |
| 1:58.3 | and easy to use way to address the challenges and limitations that we still have today surrounding in-space mobility. |
| 2:06.0 | So you could say that we help to move satellites like never before to really connect the in-space industry with other industries that use the services of space-based infrastructure. |
| 2:22.0 | So we're talking about in space propulsion. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

