/Companies

Equatorial Space Systems Pte Ltd

Techstars '22

Singapore, SG · 6 known investors

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Equatorial Space develops modular, low-cost space launch vehicles powered by proprietary hybrid rocket engine technology using HTP and HRF-1 propellant. The company offers VOLANS for orbital payload delivery (up to 750 kg) and DORADO for suborbital launches, both designed to be explosives-free with reduced environmental impact.

Also known as Equatorial Space · Equatorial Space Industries · Equatorial Space Systems · ESI · ESS

Investors · 6

Also in the syndicate · 1

Masik Enterprises

Company profile

researched Sep 2026

Equatorial Space Systems Pte Ltd (also known as Equatorial Space, formerly Equatorial Space Industries) is a Singapore-headquartered launch service provider and rocket propulsion manufacturer founded in 2017. The company develops hybrid rocket engines and launch vehicles intended to be low-cost, safe and lower-emission, using a high-test peroxide (HTP) oxidiser together with its proprietary High Regression Fuel 1 (HRF-1) solid fuel formulation, developed by CTO Jamie (James) Anderson.

Its product line comprises DORADO, a suborbital sounding rocket, and VOLANS, a modular small-satellite launch vehicle, alongside the HRF-1 fuel itself and a Student Payload Academic Rocket Kit. Company materials describe DORADO as carrying 20 kg to a 100 km apogee with about three minutes of microgravity access, a 41-litre payload volume and full inert shipping; Wikipedia describes Dorado as a 310 mm diameter rocket with planned single- and dual-stage versions delivering 25 kg to 105 km and 270 km respectively, with a first launch previously targeted for 2024. VOLANS is described by the company as a family of modular vehicles for up to 750 kg to low Earth orbit with an inclination range of 0-97 degrees (performance simulated for a 400 km, 40-degree orbit), and by Wikipedia as a 2 m wide, 12-30 m tall vehicle delivering 60-500 kg to LEO, planned to be reusable via rotating-blade controlled sea landings and to feature a restartable hybrid third stage.

Propulsion development has progressed from a 7-second hybrid motor test fire in October 2019 and the Low Altitude Demonstrator flight in December 2020 to a 6-second HRF1-AL sub-scale motor test in March 2022, with plans for a larger H700 motor using an eRAVEN oxidiser delivery pump for Volans and a subsequent H1800 motor rated at 2 MN of thrust.

Founding story

The company was founded in October 2017 in Singapore by Simon Gwozdz and Praveen Ganapathi Perumal with the stated goal of developing low-cost, safe and eco-friendly space launch vehicles, with incubation space secured at The Hangar by NUS Enterprise shortly afterwards.

Business model

Equatorial Space positions itself as a launch service provider and propulsion manufacturer, selling payload delivery to suborbital and low Earth orbit trajectories using vehicles built around its in-house hybrid propulsion technology, with the underlying solid fuel composition described as having both civilian and military applications.

Traction

Equatorial Space conducted its first hybrid engine static test firing in October 2019 and launched the 2.4 m, 22 kg Low Altitude Demonstrator to 1,200 m from Perak, Malaysia on 21 December 2020, described as the first commercial non-solid rocket launch in Southeast Asia and the first cross-border privately developed hybrid-propulsion rocket collaboration in the region. A 6-second sub-scale HRF1-AL motor test followed in March 2022. The company won the MBRSC Innovation Cup in 2018 and was selected for the Q Station Accelerator (2021) and Techstars Los Angeles (2022). Wikipedia notes that no further updates on the status of the Dorado project have been provided.

Latest developments

The company's news section links to February 2026 Channel NewsAsia coverage of Singapore's space ambitions and a March 2026 Lianhe Zaobao piece published around the establishment of a Singapore space agency on 1 April 2026, alongside an October 2023 Prime Minister's Office reference to deep tech investment in the company.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Equatorial Space Systems is listed among active private spaceflight companies and classified as a launch service provider in the Asia-Pacific Aviation and Space Directory. It has been cited by Singapore's Prime Minister's Office as an example of deep tech investment in Singaporean startups and has been covered by regional and international outlets including Channel NewsAsia, Nikkei Asian Review and South China Morning Post.

The company's stated differentiators are hybrid propulsion that is entirely free of pyrotechnics and explosives, its proprietary HRF-1 fuel, lower greenhouse gas emissions and cost compared with kerosene/liquid oxygen systems, inert shipping and handling for operational flexibility, and launch from near-equatorial sites allowing direct insertion into a customer's chosen inclination.

Technology

The company's core technology is a hybrid rocket engine burning high-test peroxide (HTP) with HRF-1 (High Regression Fuel 1), a proprietary solid fuel formulation. The systems are described as 100% pyrotechnics- and explosives-free with zero TNT explosive equivalence, shipping fully inert, and as reducing greenhouse gas emissions by up to 60% and cost by up to 80% relative to kerolox, while halving component counts and being potentially reusable. Motor development milestones include the LAD hybrid rocket motor (7-second test fire, October 2019), the HRF1-AL sub-scale motor (6-second test fire, March 2022), and planned H700 and H1800 motors, the latter rated at 2 MN thrust; the H700 is to use an eRAVEN delivery pump to raise oxidiser supply pressure. Volans is also planned to use a restartable hybrid third stage for accurate orbital insertion and multi-payload deployment, and a rotating-blade sea recovery method.

Go-to-market

Operators of small satellites and orbital payloads of up to several hundred kilograms seeking specific inclinations from near-equatorial launch sites, and suborbital/sounding rocket users needing microgravity access or small payload flights; the fuel technology is also described as having military applications.

Geography

Headquartered in Singapore, with a listed address at 110 Lorong 23 Geylang and a location given as Tuas, Singapore; the company states it maintains a presence in Singapore, Australia and the United States, including an American C corporation. Its 2020 demonstrator flight took place at the Felcra palm oil estate in Perak, Malaysia, and it has participated in accelerator programmes in Albuquerque, New Mexico and Los Angeles, California.

History

Equatorial Space Industries was founded in October 2017 in Singapore by Simon Gwozdz and Praveen Ganapathi Perumal, securing incubation space at The Hangar by NUS Enterprise in December 2017. It won the Mohammad Bin Rashid Innovation Cup in Dubai in October 2018 and graduated from The Hangar programme in 2019. James Anderson joined as CTO in August 2019, and the first hybrid engine static test firing with HRF-1AL fuel followed in October 2019. The company reformed and rebranded as Equatorial Space Systems in April 2020 and conducted what it describes as the first commercial non-solid rocket launch in Southeast Asia in December 2020. It qualified for the Q Station Accelerator in New Mexico in October 2021 and the Techstars accelerator in Los Angeles in January 2022, and an American C corporation was incorporated to support its growth.

Risks & controversies

Maiden flights for both Dorado and Volans were previously targeted for 2024, and no further public updates on Dorado's status have been provided; the Wikipedia entry on the company is flagged as relying excessively on primary sources.

Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Cost reduction versus keroloxJan 2026up to 80%
DORADO apogeeJan 2026100 km
DORADO microgravity access durationJan 20263 minutes
DORADO payload capacityJan 202620 kg
Greenhouse gas emissions reductionJan 2026up to 60%
Headcount rangeJan 202411-50 employees
LAD demonstrator flight altitudeDec 20201,200 m
StageJan 2024Seed
VOLANS inclination rangeJan 20260-97 degrees
VOLANS payload capacity to low Earth orbitJan 2026750 kg

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

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LatitudeLatitude develops launch vehicle technology to provide access to orbit, positioning itself in the European spaceflight industry. Founded in 2019, the company builds rockets aimed at making orbital access more flexible and affordable.

Companies working in the same space as Equatorial Space Systems Pte Ltd.

Timeline · 10

launches, deals, and filings
Mar 2023
$1.5 million raised to fund Dorado development

Equatorial Space Systems announced $1.5 million raised from Elev8.VC, Seeds Capital and Masik Enterprises to fund development of the Dorado rocket.

$1.5M source ↗

Mar 2022
Six-second test fire of HRF1-AL sub-scale motor

source ↗

Jan 2022
Selected for Techstars Los Angeles accelerator

source ↗

Oct 2021
Selected for Q Station Accelerator in New Mexico

Qualified for the inaugural batch of the Q Station Accelerator in Albuquerque, backed by the US Space Force and the Air Force Research Lab.

source ↗

Dec 2020
Low Altitude Demonstrator test flight in Perak, Malaysia

The 2.4 m, 22 kg LAD rocket reached 1,200 m after launch from the Felcra palm oil estate in Perak, Malaysia; described as the first commercial non-solid rocket launch in Southeast Asia.

source ↗

Apr 2020
Reformed and rebranded as Equatorial Space Systems

source ↗

Oct 2019
First hybrid engine static test firing with HRF-1AL fuel

Seven-second test fire of the LAD hybrid rocket motor.

source ↗

Aug 2019
James (Jamie) Anderson joins as CTO

source ↗

Oct 2018
Wins Mohammad Bin Rashid Innovation Cup in Dubai

Equatorial Space Industries won the MBRSC Innovation Cup in Dubai.

source ↗

Oct 2017
Equatorial Space Industries founded in Singapore

Simon Gwozdz and Praveen Ganapathi Perumal founded Equatorial Space Industries; incubation space secured at The Hangar by NUS Enterprise in December 2017.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 5

primary sources listed

5 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Equatorial Space Systems Pte Ltd do?
Singapore-based launch startup building hybrid-propulsion, explosives-free suborbital and small-satellite rockets.
Who are Equatorial Space Systems Pte Ltd's investors?
Equatorial Space Systems Pte Ltd's investors include E8 Angels, Elev8.vc, RSJ Investments SICAV a.s., Techstars, SEEDS Capital.
Where is Equatorial Space Systems Pte Ltd headquartered?
Equatorial Space Systems Pte Ltd is headquartered in Singapore, SG.