Space Industry Trade Group Adds Orbital Semiconductor Maker and Specialized Insurer
Two New Members Expand CSF Supply Chain Roster With Manufacturing and Risk Expertise
Two companies focused on space-based semiconductor manufacturing and commercial space insurance have joined the Commercial Space Federation, expanding the trade group’s supply chain membership.
“Commercial space isn’t a future opportunity. It’s already shaping how the United States competes, innovates, and defends itself.”
Ashley Pilipiszyn, Besxar.
Besxar and Charter Space were both welcomed to the CSF, which represents U.S. commercial space companies before Congress and federal agencies.
Besxar is developing reusable orbital manufacturing platforms — called Fabships — that use the ultra-high vacuum of space to produce ultra-pure substrates and precursor materials for semiconductors. The platforms are designed to return to Earth after each mission, delivering materials and operational data. The company targets customers in artificial intelligence, quantum computing, nuclear technologies, and defense.
“Commercial space isn’t a future opportunity,” said Ashley Pilipiszyn, Founder and CEO of Besxar. “It’s already shaping how the United States competes, innovates, and defends itself. We believe the next chapter of national security and economic leadership will be written above Earth, and forward-looking policy will be essential to realizing that opportunity.”
Pilipiszyn said CSF membership was driven by the federation’s Washington presence. “CSF plays a critical role in giving industry a strong, unified voice in Washington, and we’re looking forward to being a part of that effort,” she said.
Charter Space describes itself as the first financial technology company focused on the space industry and the only specialized insurance brokerage in the U.S. dedicated to the sector. The firm offers coverage for space companies on the ground, on-orbit, and beyond, working with major insurers alongside financing partners and investors.
“We joined the CSF as it provides an incredible platform to help us get smarter and more effective risk transfer tools into the hands of innovators and operators,” said Yuk Chi Chan, Founder and CEO of Charter Space. Chan said the company also plans to use the CSF forum to “educate policymakers about the important roles that risk transfer and credit financing play in ensuring the space economy is able to continue maturing and scaling sustainably.”