Most venture firms write a check and offer advice. FP Solutions writes the check, then sends mechanical engineers, supply-chain specialists, and factory-builders to help startups actually make things - rockets, batteries, building materials, and semiconductor wafers grown in orbit.
Dispatch is a San Francisco hard-tech startup building the return leg of the space economy. Founded by ex-Astranis engineers, it develops refurbishable reentry vehicles and uncrewed, autonomous space stations so that pharmaceutical, semiconductor, and biotech companies can manufacture ultra-high-value materials in microgravity and bring them home affordably. Its first vehicle, Spark 1, targets a demonstration flight in 2027, and the team has already tested a full-scale Mach 20+ heat shield built roughly 100x cheaper than incumbents.
Reditus Space is an Atlanta-based aerospace startup building reusable spacecraft that carry payloads to low Earth orbit and return them safely to the ground. Its first vehicle, ENOS, is a free-flying reentry capsule designed to host commercial and research payloads for roughly two months in microgravity before splashing down for recovery and reuse. Founded in 2024 by Georgia Tech aerospace engineers Stef Crum and Will Sherman, the company sells 'microgravity as a service' and routine 'downmass' - the return of materials from orbit - to pharmaceutical, semiconductor, biotech, and defense customers.