Full-Time
VP of Business Development
Confirmed live in the last 24 hours
Loft Orbital
201-500 employees
Provides space infrastructure as a service
No salary listed
Senior, Expert
Abu Dhabi - United Arab Emirates
- Minimum 10 years’ experience selling complex hardware in the MENA region.
- Extensive network within, and strong track record selling into the government and defence sectors in the Middle East.
- Understanding of government and defence sector procurement processes.
- Leadership experience, running a sales / BD team.
- Start-up mentality, fast paced execution.
- A solutions-oriented mindset with a passion for turning customer needs into actionable opportunities.
- Understanding of the space industry.
- Identify, classify, and qualify new opportunities, both from inbound inquiries and outbound prospecting.
- Connect with prospective and existing customers to provide information about Orbitworks’ satellite manufacturing and operational services, understand their objectives, and evaluate how we can support them.
- Formulate tailored proposals for customers, clearly articulating Orbitworks’ value proposition.
- Once a proposal is accepted, draft and negotiate contracts, ensuring alignment with both customer needs and Orbitworks’ objectives.
- Maintain strong relationships with customers throughout program lifecycles, offering support to ensure mission success and uncovering new business opportunities.
- Provide market insights and feedback to inform the development of future capabilities, products, and services that address customer needs.
- Senior leadership role in UAE government agencies or MENA satellite industry.
- Management experience, including in a lean sales environment.
- Experience selling within the space, satellite services or geospatial analytics markets.
- Familiarity with government contracting or public-private partnership models.
Loft Orbital provides space infrastructure as a service, making it easier for clients to access satellite services. They maintain an inventory of satellite buses and schedule quarterly launches, allowing them to deliver missions to space much faster than traditional methods. By managing the complexities of space missions, Loft Orbital allows clients to focus on their objectives without worrying about the technical details. They utilize identical satellite hardware for each mission to enhance reliability and minimize risks. Their payload agnostic technology enables them to support a variety of payloads on a standard satellite bus, catering to diverse client needs. Loft Orbital's business model offers a complete solution for deploying and managing satellite constellations, generating revenue by charging clients for comprehensive services from deployment to operation.
Company Size
201-500
Company Stage
Series C
Total Funding
$344M
Headquarters
San Francisco, California
Founded
2016
Simplify's Take
What believers are saying
- Loft Orbital's €170M funding supports satellite deployment and international growth.
- Increased demand for Earth observation services boosts Loft Orbital's market potential.
- Partnerships in space exploration open new revenue streams for Loft Orbital.
What critics are saying
- Competition from Stoke Space pressures Loft Orbital to innovate and grow quickly.
- Rapid expansion may strain Loft Orbital's operational capabilities and resources.
- Reliance on major investors poses financial risk if support is withdrawn.
What makes Loft Orbital unique
- Loft Orbital offers payload agnostic technology for flexible satellite missions.
- They provide turnkey solutions, handling all aspects of satellite deployment and operation.
- Their inventory of satellite buses enables rapid deployment and quarterly launches.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Flexible Work Hours
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
Family Planning Benefits
Fertility Treatment Support
401(k) Retirement Plan
401(k) Company Match
Relocation Assistance
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 0%2 year growth
↑ 3%Loft Orbital has raised €170 million to expand its satellite-sharing platform. The funding round was led by Temasek and Tikehau Capital, with support from Bpifrance and others. The funds will be used for satellite deployment and international growth.
Just this week, space infrastructure startup Loft Orbital raised a $170 million funding round led by Axial Partners and Tikehau Capital.
Space infrastructure provider Loft Orbital has raised $170 million in a round of Series C financing led by Tikehau Capital and Axial Partners.
Stoke Space's funding comes just a day after space technology company Loft Orbital raised $170 million led by Tikehau Capital and Axial Partners.
Space infrastructure startup Loft Orbital raised $170m in its latest funding round.