Gold Coast-based space company Orbit2Orbit has taken a significant step towards becoming a publicly listed business after signing a binding letter agreement that could see it listed on the Canadian Securities Exchange.
Under the proposed transaction, Canadian-listed Credissential Inc would acquire Orbit2Orbit in a deal expected to be completed as a reverse takeover. If approved, the resulting company would continue operating under the Orbit2Orbit name, with founder and chief executive Bradley Hatton-Jones leading the business.
The company said the proposed listing would provide access to international capital markets as it expands its commercial operations and advances the development of reusable in-space logistics technologies.
As part of the transaction, Orbit2Orbit also plans to undertake a private capital raising targeting at least $8 million. Subject to the completion of both the listing and financing, the funds would support the expansion of the company’s Lab2Space program, progress its Mission 0 orbital demonstrator and provide additional working capital.
Hatton-Jones said the proposed transaction marks an important milestone in the company’s growth.
“We have spent the past year building the technical and commercial foundations needed to develop a persistent logistics capability in orbit,” he said.
“Access to public capital would enable us to accelerate Lab2Space, advance Mission 0 and continue developing the reusable systems needed to move payloads between orbital assets.
“Our objective remains to build the logistics infrastructure that will support the growing number of commercial, government and research activities taking place in space.”
Founded in Queensland in 2025, Orbit2Orbit is developing technologies designed to address one of the emerging challenges of the commercial space economy: transporting payloads and equipment between spacecraft once they are already in orbit.
The company’s commercial Lab2Space program provides customers with access to stratospheric and sub-orbital flight opportunities, allowing payloads, sensors and spacecraft technologies to be tested before committing to an orbital mission.
Its next major milestone, Mission 0, will demonstrate key orbital technologies, including rendezvous, proximity operations and docking, providing the foundation for the company’s planned Mission 1 reusable orbital transport vehicle.
Orbit2Orbit ultimately aims to establish a fleet of reusable spacecraft capable of transporting payloads, servicing orbital assets and supporting future commercial space stations and research platforms.
The proposed transaction remains subject to due diligence, shareholder and regulatory approvals, Canadian Securities Exchange approval and the successful completion of the associated capital raising. Further updates are expected as the transaction progresses.
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