ORBITInsure Announces Pre Seed Round and Official Launch of Operations

Author: Joshua Faleti, SpaceWatch Global

ORBITInsure has opened its pre seed round and announced the official launch of its operations. The pre seed round marks a strategic milestone in the company’s mission to enable risk evaluation and management for one of the world’s most critical and fastest-growing industries: space technology.

ORBITInsure LLC, the AI-native risk evaluation and parametric insurance platform for space-based risks, today announced the official launch of its operations.

This round marks a strategic milestone in the company’s mission to enable risk evaluation and management for one of the world’s most critical and fastest-growing industries: space technology.

 

The Market Opportunity

With the global space economy projected to surpass $1.8 trillion by 2035, and the dependence on space-based services such as position, accurate timing, and communication, the demand for advanced risk transfer and insurance solutions has never been greater. Traditional insurance models often struggle to adapt to the unique risks of space missions, from launch anomalies to GNSS disruptions, space weather impacts, and orbital debris.

At the same time, the parametric insurance market is projected to grow at a CAGR of over 10% through 2030, driven by the need for transparent, trigger-based policies that provide rapid payouts. The convergence of AI, predictive analytics, and parametric modeling enables ORBITInsure to deliver tailored solutions that safeguard upstream (satellite manufacturing, launch, operations, and safe return to earth) and downstream (connectivity, data services, and Earth applications) activities.

“Risk enabling” is becoming as critical as risk transfer, ensuring that entrepreneurs, investors, and operators have the confidence to pursue bold missions. ORBITInsure is positioned as the catalyst between insurance markets, space entrepreneurs, and capital providers.

Leadership Voices

Robert Whearty, CEO & US General Manager

“The United States is the epicenter of space commercialization. ORBITInsure’s presence in the U.S. enable customers, underwriters, reinsurers, and space operators with AI-native tools that streamline policy lifecycle management and claims. ORBITInsure US is here to make space ventures insurable at scale.”

 

 

Daniel Campbell, Chief Business Officer & UK Managing Director

“London is the heart of the global insurance market. With our UK hub, we can access Lloyd’s, brokers, and investors for the next wave of space opportunities. The timing could not be better. ORBITInsure UK will be pivotal in aligning space innovation with the capital markets.”

 

 

 

Meidad Pariente, Co-Founder & Chief Space Officer

“Space missions carry both extraordinary opportunities and existential risks. By combining decades of aerospace engineering knowledge with parametric insurance, ORBITInsure ensures that every payload, every orbit, and every innovation has a chance for proper insurance coverage.”

 

 

 

Lior Herman, Co-Founder & Chief Product Officer

“With ORBITInsure, we are transforming insurance into an enabler, not a cost burden. Our AI-driven engine can provide systems recommendations for redundancy and better insurability score, while our parametric triggers empower brokers, underwriters, and space entrepreneurs to design smarter policies that adapt dynamically to mission data. This is how we protect satellites and its entire market on earth.”

 

A Call to Action

ORBITInsure invites brokers, underwriters, and space entrepreneurs to collaborate on building adaptive insurance products that reduce uncertainty, uncover risks, accelerate deals, and unlock new growth.

The company serves enterprises and startups from across markets: Mobility, Space, AgriTech, Logistics, Maritime, FinTech and Manufacturing.

The company’s Warren™ AI risk engine provides transparent mission lifecycle monitoring, from anomaly detection to GNSS-triggered payouts, ensuring that policies evolve in real time with the missions they protect.

Warren™ can be integrated into insurance software solutions via API’s and workflow automations.

For partnership inquiries and early access to ORBITinsure solutions in the US and UK, visit www.orbitinsure.space or contact admin@orbitinsure.space.