The present invention relates to a service satellite having a body, a controller and a docking unit. The docking unit includes at least two foldable, adjustable gripping arms pivotally mounted on the satellite body, each gripping arm being pivotable relative to the satellite body, and a gripping end at each free end of the gripping arms, wherein the gripping ends are adapted and configured to capture and grip a target portion of an orbiting satellite. Each gripping arm is controllable independently by the controller, which coordinates the motion of the arms. The service satellite also includes a propulsion unit including a first thruster mounted adjacent a Nadir end of the service satellite body, and a balance thruster, the balance thruster being distanced from the first thruster and facing a different direction than the first thruster, propellant for the thruster and the balance thruster; and means for aligning the thrusters so that a thrusting vector passes through a joint center of gravity of the service satellite and the serviced satellite.