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Morpheus Space

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Disrupting the NewSpace industry by introducing Agile Constellations, a fusion between cutting edge propulsion and AI

El Segundo, United StatesFounded 2018Space
Valuation $100–250M Last recorded · 2026
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Morpheus Space

Morpheus Space is a provider of in-space mobility technologies, addressing the growing market of satellite constellations and spacecraft. The company emerged in 2018 as a spin-off from a research project at the Dresden University of Technology in Germany. It was founded by Daniel Bock and István Lőrincz, who were inspired by their shared interest in science fiction and a desire to make humanity a space-faring civilization. Bock, an aerospace engineer, was completing his master's thesis on miniaturizing propulsion systems when he met Lőrincz. They identified the potential for mass-manufacturing a miniaturized Field Emission Electric Propulsion (FEEP) module to serve the burgeoning small satellite market. The company has since moved its headquarters to Los Angeles, California, to be closer to the heart of the New Space industry.

Morpheus Space has developed a holistic platform combining hardware and software to facilitate satellite mobility. Its core hardware product is the GO-2 electric propulsion system, a modular and scalable unit designed for satellites ranging from 6U to 250kg. The GO-2 system is a plug-and-play solution utilizing a solid metallic propellant, which eliminates leakage risks associated with chemicals or pressurized tanks. A key feature is its high redundancy, incorporating 40 individual thrusters, each with its own propellant tank, allowing for precise control and maneuverability. This technology is designed for mass production at the company's "Reloaded" facility in Dresden, which aims to produce 100 units annually. The company has successfully demonstrated the GO-2's capabilities in orbit, including heat-up of its metallic propellant, reliable ignition, and the execution of complex thrust profiles.

Complementing its hardware, Morpheus offers the Journey software platform, a mission design and analytics tool. Journey enables clients to design, simulate, and operate satellite missions, providing insights into ground station connections, data transmission rates, and overall mission performance. The platform integrates with the hardware to provide a comprehensive solution for satellite operators, systems engineers, and mission planners. The business model targets commercial companies, government agencies, and research institutions. A notable aspect of its strategy is a Hardware-as-a-Service (HaaS) on-demand pricing model, called Sphere Safe, which significantly lowers upfront costs for customers and aligns payment with system usage. The company has secured over $31 million in funding from investors including Alpine Space Ventures, Airbus Ventures, and In-Q-Tel.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
El Segundo, United States
Employees
46
Open positions
None listed
Dealroom signal
81.4/100
Sector
Space, Core AI, Spinout, Aviation and Aerospace, Space Tech, Space Vehicles Components and Payloads, Propulsion Systems, Space Upstream, Euspa, AI Applications
Technology
Artificial Intelligence, Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Feb 2026 $15M $140M Lavrock Ventures · Pallas Ventures · Morpheus Ventures · Vsquared Ventures ↗
SUPPORT PROGRAM✓Other financing Jan 2025 $0 — CASSINI Initiative · EUSPA ↗
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Morpheus Space website traffic

Latest recorded traffic for Morpheus Space is 2K monthly website visits, down 42.9% over the last three months. Morpheus Space's team grew 2.2% over the past year.

Latest monthly visits2K 3-month web change-42.9% 1-year team growth+2.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

17 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A9 investors entered at this stage

  • In-Q-Tel
  • Lavrock Ventures
  • Vsquared Ventures
  • Airbus Ventures
  • Pallas Ventures
  • Alpine Space Ventures
  • Morpheus Ventures
  • Jackson Moses
  • European Investment Fund

Other known investors6 additional known investors

  • CASSINI Initiative
  • EUSPA
  • Herbert Mangesius
  • Joseph Miller
  • Prateek Sachdeva
  • Starburst Accelerator
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇩🇪 Germany69.7%
🇺🇸 United States30.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Morpheus Space on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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