# Spaceflight Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spaceflight-industries

- Industry: Aerospace
- Headquarters: Bellevue, US
- Website: www.spaceflightindustries.com
- Total disclosed funding: $38M
- Latest round: Series B (Jun 21, 2016)
- Investors on record: 4

## About

Spaceflight Industries, Inc., located in Bellevue, US, specializes in launch and mission management services, providing clients with innovative access to space through cost-effective solutions and geospatial intelligence offerings.Founded in 1999, Spaceflight Industries, Inc. operates out of Bellevue, Washington, US, and offers launch services and mission management to various clients. The company has successfully completed six deals, with its latest funding round, a Series C, raising USD 39.48 mn on October 31, 2019, bringing the total amount raised to USD 39.48 mn and a current valuation of USD 1,647.43 mn. Jason Andrews is the CEO of the company.Spaceflight Industries primarily offers comprehensive launch and mission management services designed to facilitate access to space for a diverse range of customers. Their core offerings include a rideshare launch service that allows multiple payloads from different clients to share a single launch, thereby reducing costs and expanding access to orbital opportunities. This service is complemented by BlackSky, their geospatial intelligence platform, which provides timely satellite imagery and analytical services. The customers served by Spaceflight include government agencies, commercial enterprises, and academic institutions that require reliable access to space for various applications, such as Earth observation and data analytics. The company operates in multiple geographical markets, including North America, Europe, and parts of Asia, catering to an international clientele that seeks innovative solutions for their space mission objectives.Spaceflight Industries generates revenue through its launch services and associated geospatial offerings. The transaction structure primarily involves B2B agreements, where clients pay for payload integration and launch services on a per-mission basis. The pricing model typically varies based on the specific requirements of each launch, including payload weight and destination orbit. Additionally, BlackSky’s geospatial services may be provided on a subscription basis, allowing clients to access satellite imagery and analytical tools tailored to their needs. This dual revenue stream, comprising both one-time launch fees and ongoing subscriptions for geospatial insights, supports the company's financial operations and strategic growth in the space industry.In October 2019, Spaceflight Industries, Inc. raised USD 39.48 mn in Series C funding, which will support the development of new products and services aimed at expanding their market reach. The company plans to enhance its geospatial intelligence offerings through upgrades to the BlackSky platform and aims to penetrate new geographic regions, specifically targeting markets in Asia and Europe by 2025.

## Funding rounds

- Series B, Jun 21, 2016, $18M — RRE Ventures, Vulcan, Razor's Edge Ventures, Mithril
- Series B, Mar 11, 2015, $20M — RRE Ventures, Vulcan, Razor's Edge Ventures

## Investors

- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series B
- Vulcan (https://capitalatlas.ai/funds/vulcan) — Series B
- Razor's Edge Ventures (https://capitalatlas.ai/funds/razor-s-edge-ventures) — Series B
- Mithril (https://capitalatlas.ai/funds/mithril) — Series B