Orbitfarm Series A

A spacetech pitch deck with a launch timeline

A spacetech pitch deck has to prove that customers will pay for the data before the hardware is in orbit, and that the launch dates are fixed rather than hoped for. Orbitfarm, an invented earth observation company for cropping, does both with 2.2 million dollars of signed data contracts and a five date timeline.

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ORBITFARM · SERIES A

MARCH 2027

Crop imagery, sold before launch

Earth observation built for paddock decisions, with first commercial data in January 2028.

Ines Morrow, co-founder and CEO

Raising 22 million dollars to launch satellites two and three

Slide 1 · cover · Name the company and the date the first commercial data ships, because the whole deck hangs on that date.

THE PROBLEM

Crops change faster than maps

Nitrogen, irrigation and disease calls are made in windows of a few days. The imagery agronomists rely on arrives far less often. Aerial surveys are booked weeks ahead and flown when the weather allows. Free public satellites pass often but at a resolution that blurs a 30 metre header strip into one pixel. So most in season decisions are still made by driving the paddock and looking.

01
Too slow

An aerial survey every four to six weeks misses the window for a fungicide call, which is often five days.

02
Too coarse

Free satellite data at 10 metres cannot separate the rows and headlands where most yield problems start.

02

Slide 2 · intro · The problem in the grower and agronomist language: decisions run on a two day clock, imagery on a monthly one.

What a customer receives

Three satellites in one orbital plane, tasked only over cropping regions, delivering into the tools agronomists already use.

Revisit

Every paddock under contract imaged every two days once all three satellites are up, and every six days with one.

Detail

Three metre multispectral imagery with a red edge band, enough to see variation inside a header strip.

Delivery

Cloud masked maps and a plant vigour index, pushed to the customer farm software by 6 am the morning after capture.

03

Slide 3 · pillars · What Orbitfarm actually delivers, in three rows, so the satellite is described by its output not its hardware.

BEFORE LAUNCH

What is already signed

3

Satellites contracted

Fixed price build with a contract manufacturer. Satellite one is integrated and in testing.

$2.2M

Data pre-sold

Three signed contracts for the first twelve months of commercial data, payable on delivery.

20

Letters of intent

From agronomy groups, insurers and grain traders, covering 4.6 million hectares.

04

Slide 4 · metrics · Traction before launch, shown as contracts and commitments, because there is no revenue to chart yet.

Three customers for the same image

One capture is sold three times. The agronomist uses it for the call, the insurer for the claim and the trader for the forecast. Pre-sold contracts total 2.2 million dollars across the three.

Agronomy groups, $0.9M

Advisers covering 1.8 million hectares of grain and cotton. They pay per hectare per season for vigour maps before each decision window. Nine of the 20 letters of intent.

Crop insurers, $0.7M

Two insurers buy dated imagery to assess hail and flood claims without a site visit. Six of the 20 letters of intent.

Grain traders, $0.6M

A trader buys regional yield indices three times a season to price forward contracts. Five of the 20 letters of intent.

05

Slide 5 · pillars · The three customer types, each with what they pay for and how much of the 2.2 million they account for.

Against aerial imaging

Per hectare per season figures for a broadacre grower buying in season imagery. Aerial is sharper; that is not the bottleneck.

Measure
Aerial survey
Free satellite
Orbitfarm
Revisit
4 to 6 weeks
5 days
2 days
Resolution
0.1 metres
10 metres
3 metres
Booking lead time
2 weeks
None
None
Grounded by low cloud
Yes
Masked
Masked
Cost per hectare a season
$9.00
$0
$1.80
Ready for farm software
Manual upload
Manual processing
Next morning
Orbitfarm revisit assumes all three satellites in orbit. With one satellite, revisit is six days.

06

Slide 6 · comparison · Orbitfarm against aerial imaging on revisit and the measures a buyer weighs next, with the trade offs left in.

ONE SATELLITE

Cost to orbit and what it earns

Line
Amount
Basis
Build
$2.6M
Fixed price contract
Launch, rideshare
$1.1M
Booked slot
Launch and first year insurance
$0.4M
Quoted
Cost to orbit
$4.1M
Sum of the three lines
Design life
5 years
Manufacturer rating
Revenue capacity a year
$3.2M
60 percent of tasked area sold
Fixed contract prices for satellites two and three. Revenue capacity assumes 60 percent of tasked area is sold.

07

Slide 7 · metrics · What one satellite costs and earns, so the 22 million dollar ask can be traced to hardware.

TO FIRST DATA

Two launches, one delivery date

01

March 2027

Build contract signed for three satellites. Satellite one integrated and in thermal testing.

02

October 2027

Launch one: satellite one on a booked rideshare. Six day revisit over contracted regions.

03

January 2028

Commissioning done. First commercial data delivered to the three pre-sold customers.

04

June 2028

Launch two: satellites two and three together, funded by this round.

05

September 2028

Two day revisit across every contracted hectare, in time for the 2028 winter crop.

08

Slide 8 · timeline · Two launches and first commercial data, dated, so the investor can see what is fixed and what depends on the round.

THE ASK

Series A, sized to two day revisit

$22M

Funds launch two and 24 months of runway

Use
Amount
Share
What it buys
Satellites two and three
$8.2M
37%
Two at 4.1 million dollars to orbit
Satellite one balance
$2.4M
11%
Final build payment and launch one
Ground segment and data platform
$4.6M
21%
Station time, processing, delivery
Team
$5.0M
23%
Twelve hires over two years
Reserve
$1.8M
8%
Launch delay cover
Total
$22.0M
100%
Launch two and 24 months
Shares are rounded to the nearest percent. Satellite one was part funded by the 6 million dollar seed round.

09

Slide 9 · investment · The 22 million dollar use of funds as a table, with the two satellites as the largest line.

ORBITFARM

First data January 2028. Two day revisit by September.

We will walk through the build contract, the launch booking and the three data contracts in one session, with the manufacturer on the call if useful.

Ines Morrow · ines@orbitfarm.example

10

Slide 10 · closing · Close on the date and the evidence, and ask for the next meeting with the contracts in the room.

The structure

What each slide is doing, so you can reuse the order even with different content.

Slide 1cover
Name the company and the date the first commercial data ships, because the whole deck hangs on that date.
Slide 2intro
The problem in the grower and agronomist language: decisions run on a two day clock, imagery on a monthly one.
Slide 3pillars
What Orbitfarm actually delivers, in three rows, so the satellite is described by its output not its hardware.
Slide 4metrics
Traction before launch, shown as contracts and commitments, because there is no revenue to chart yet.
Slide 5pillars
The three customer types, each with what they pay for and how much of the 2.2 million they account for.
Slide 6comparison
Orbitfarm against aerial imaging on revisit and the measures a buyer weighs next, with the trade offs left in.
Slide 7metrics
What one satellite costs and earns, so the 22 million dollar ask can be traced to hardware.
Slide 8timeline
Two launches and first commercial data, dated, so the investor can see what is fixed and what depends on the round.
Slide 9investment
The 22 million dollar use of funds as a table, with the two satellites as the largest line.
Slide 10closing
Close on the date and the evidence, and ask for the next meeting with the contracts in the room.

Slide by slide

Slide one names the claim: crop imagery sold before launch, with first data in January 2028. Slide two explains why crop decisions outrun the imagery agronomists can buy. Slide three describes what a customer receives in three rows: revisit, detail and delivery. Slide four is what is already signed. Slide five is the three customer types and their share of the pre-sold total. Slide six compares revisit, resolution, lead time and cost with aerial surveys and free satellites. Slide seven is the cost to orbit for one satellite. Slide eight is the launch timeline. Slide nine is the 22 million dollar use of funds. Slide ten offers a session on the build contract, the launch booking and the data contracts.

How to adapt this deck

A launch services or in orbit hardware company has no data customers, so slide five becomes signed launch or payload contracts and slide seven becomes cost per kilogram to orbit. A downstream analytics company that buys imagery rather than flying satellites can drop the cost to orbit slide and replace it with gross margin after data costs. A company before any contracts should be honest about it: replace slide four with letters of intent alone and give the timeline a funded and unfunded colour rather than one line.

What space investors ask for

The European Space Agency publishes the specification of its free Sentinel-2 imagery, and investors use it as the baseline every commercial imaging company has to beat. The question is never whether satellites can image crops but why a farmer would pay when free data exists. That is why slide six puts the free satellite column beside the paid one and admits aerial imagery is sharper. The Australian Space Agency and Geoscience Australia describe the national earth observation programs a local buyer will compare against.

What makes this deck work

Traction before launch is contracts

With no revenue to chart, slide four shows three satellites under a fixed price build contract, 2.2 million dollars of data pre-sold and 20 letters of intent. Slide five splits the 2.2 million into 0.9, 0.7 and 0.6 million across three customer types, so the total is accounted for.

The timeline separates fixed from funded

Slide eight dates both launches and the first commercial data. Launch one and the January 2028 data date are already contracted; launch two in June 2028 is the thing this round pays for, which the slide says in so many words.

The ask traces to hardware

Slide seven prices one satellite at 4.1 million dollars to orbit. The use of funds table on slide nine has satellites two and three at 8.2 million, twice that figure, and the rows add to 22 million with the shares rounded.

Questions people ask

How do I show traction in a spacetech deck before launch?

Show signed contracts and commitments instead of revenue: hardware under contract, pre-sold data or capacity, and letters of intent with the area or volume they cover. Orbitfarm shows three satellites contracted, 2.2 million dollars pre-sold and 20 letters of intent covering 4.6 million hectares.

What belongs on a satellite cost slide?

Build, launch and insurance as separate lines, the total cost to orbit, the design life and the revenue one satellite can earn a year. This deck puts those six lines in a small table so the investor can see that one 4.1 million dollar satellite earns back its cost inside its five year life.

Should a space startup compare itself with free satellite data?

Yes, because the investor will. Leaving free public imagery out of the comparison looks like you hope nobody knows it exists. Put it in a column with its real strengths, such as zero cost and a five day revisit, and show the measure where you win.

How detailed should the launch timeline be?

Five or six dated milestones is enough: contracts signed, each launch, commissioning, first paid data and full service. Say which ones are already booked and which depend on the round. Gantt bars are not needed for this; a simple dated list reads faster.

Can I add a map of coverage regions to this deck?

The map slide highlights or shades whole countries, which suits a slide on target markets. It cannot place pins on cities or draw satellite tracks, so a coverage swath or ground station map would need to be uploaded as an image instead.

How long should a spacetech pitch deck be?

Ten to twelve slides for a first meeting. This one is ten. Technical detail on sensors and orbits belongs in a separate technical appendix that goes to the investor engineering adviser, not in the main deck that a partner reads in a few minutes.

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Sources

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