 Hey, good morning everybody. My name is Matt Timilenevich and I'm one of the co-founders and CEO of Porkchop We're a Stockholm based space tech startup with the ultimate goal of establishing an interplanetary economy But before I go into that just want to share a little bit about who we are So myself and my co-founder Victor started the company about three and a half years ago when we were still students in KTH and Since then we've already got some hardware flying in space So we were on the transporter three right your mission with SpaceX earlier this year and We did all of that while bootstrapping. So we bootstrapped from idea to orbit in Like two and a half years for twenty thousand dollars Since then we closed our first round we expanded our team and we had a lot of fantastic people with a lot of different Expertise in the space area But why do we exist? I mean what we've noticed and what's a very common trend is that? Satellite constellations are playing an ever-increasing role in in all of our lives. So Even the newest iPhone is able to talk to to satellites directly if you're out of cell coverage On top of this we've been using GPS, you know for the last I don't know what 20 years in our smartphones and More recently SpaceX Starlink is now connecting the unconnected all across the world They're making a very big difference in Ukraine And the way that all of these satellite constellations are being deployed today Is primarily through these big heavy launchers that often go on rideshare missions So when you go on these big rockets, you end up sharing the rocket with about a hundred and fifty other Roommates and that's actually the kind of setup that we flew on back in in January of this year But the problem is when you go on a on a generic route to space It's like a very bad public transport system. So you go to an orbit where you don't actually want to go And that's not really helping anybody So ultimately satellites are left to do the maneuvering themselves or they have to You know put these big propulsion systems that are risky and they're complex and they add a lot of weight And it just sucks, you know, we started as a propulsion company And I always tell people that the best propulsion system is no propulsion system So the reason that this is a really big problem is that over the next couple of years over? 33,000 satellites are going to be launched into space of which about 84% are part of a constellation So they're not kind of single satellites that are acting solo. They're all part of a larger group of a collection And we want to change this we want to build a kind of uber for these satellites So that's why we're building pork shop M and it's a reusable orbital transfer vehicle And what that means is that we transport these satellites with our own vehicle to a different orbit On top of this our vehicle is reusable in the sense that it can perform multiple missions in space Across its lifetime and thereby splitting the cost across, you know, up to 40 missions The way that it works is that we put pork chop M on these rideshare rockets So we go into space we go into this random generic orbit that nobody wants But afterwards we separate from the vehicle and we transport our customers to the last mile So we transport them to where they actually want to go Afterwards All when all of the customers have been deployed one by one into the exact orbits that they need to go to we Jettisoned the the container. So this part is self-deorbiting. It doesn't cause any space debris And then we're able to reuse our pork chop M vehicle to dock and collect the next batch of payloads and Continue the the process again and again To make this possible we have to have three key technology breakthroughs The first our solid fuel electric thrusters that we use for rendezvous and docking And this is what we've been developing for about three and a half years now And this allows extremely fine control when you're approaching another satellite at multiple kilometers per second You don't want to mess up The next is a patent-pending 3d printed flexible docking port that is much more reliable than an assembly of many parts moving together And the final is a vision-based Relative navigation so you need to use computer vision with one satellite to determine the relative Orientation and the relative distance between these two satellites So a little bit about pork chop I'm just to contextualize about how big it is You can see it's roughly the size of a dishwasher You know in the space industry like to talk about microwave size satellites dishwasher size satellites and fridge size satellites And we're able to transport up to You know roughly 12 of these microwave size satellites if you want to call it that and that's enough to get the first couple of satellites Operational that they are now able to start tracking rising sea levels Illegal fishing vessels. They're able to provide internet connectivity in very remote areas And on top of this pork chop am is natively built to enable autonomous rendezvous and docking with these batches of payloads So with this reusability we're able to enable extremely Accessible prices for our customers and this is really going to enable these 33,000 satellites to be operational as soon as possible To do this We're first starting off with a scaled-down mission So we learned from our first launch that the best way to do space is to take kind of software startup approach Where you rapidly iterate and you learn from your mistakes early on in the process So now we're starting off with these two small satellites that are going to be demonstrating rendezvous and docking and the relative navigation in October of next year and We're going to still demonstrate the same kind of core functionalities that the the main vehicle will have The reason why we're doing this as I mentioned in the beginning is to establish an interplanetary economy. So right now Earth orbits are still quite difficult to reach. You still have these generic orbits that all the launchers are taking us to and We believe that the first logical step is making sure that as as a society if we want to tackle climate change We need to be able to measure all of these things very accurately and to do that We need to be able to reach all of these orbits properly The next step is to have frequent and reliable transportation between the earth and the moon There's a huge growth in the amount of activity happening between earth and the moon and pork shop wants to be the sort of transportation link between those two planets and Then the final and the most exciting step in our in our plan is Astroid mining and this is for us what an interplanetary economy means It means for the first time in in humankind that we have access to resources beyond just earth and For us we want to be able to accelerate the electrification of transport and to do that We're gonna need more resources than we have on earth I'd like to thank you all so much for listening and have a fantastic slush