SpinLaunch Will Launch Satellites Without Rockets

SpinLaunch is designing a novel mechanism of launching satellites into space without rockets. SpinLaunch's Orbital Accelerator spins up the satellites inside a vacuum chamber to about 5000 mph prior to launching it into atmosphere. Company promises 4x reduction in fuel and overall 10x reduction in cost.

After its first successful test-launch in October 2021, the company plans to offer commercial launches in 2024.