Dresden, July 23, 2024 - Today, Morpheus Space, a leading company in the space industry, opened its first production facility in Dresden. The facility will be used to manufacture the second-generation propulsion systems, which are more sustainable and safer.
Daniel Bock, CEO of Morpheus Space, emphasized the growing importance of space for various critical areas such as weather and climate monitoring, bank transfers, military, agriculture and disaster prevention. "Space is highly contested and militarily highly important," said Bock, pointing to the problem of increasing space debris. "It is becoming increasingly important to have safe and sustainable propulsion systems, and this is precisely the domain of Morpheus Space."
Bock thanked the investors, politicians and, above all, his team for their daily commitment. "Morpheus Space is Saxony's largest space company," he said with a smile.
Saxony's Minister President Michael Kretschmer praised the young talents who studied at TU Dresden and have made a significant contribution to the company's development. "Aerospace from Dresden is a great fortune for Saxony," said Kretschmer. He emphasized that Saxony is an important business location, although the GDP per capita is still 10,000 euros below the German average. Kretschmer pointed out that Morpheus Space's business model is exciting, especially in light of a law that requires satellites to be regularly removed from space and replaced with new ones. "Morpheus Space produces the propulsion systems required for this in impressive quality," he added
