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COMPANY PROFILE

Spaceflight Systems

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Engaged in the development of satellite components and spacecraft

Tukwila, United StatesFounded 1999Space
Valuation $500M–1B Last recorded · 2018
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Spaceflight Systems and the history behind them.

About Spaceflight Systems

Spaceflight, founded in 2011 as a subsidiary of Spaceflight Industries, established itself as a key player in the commercial space sector by providing comprehensive launch services and mission management for a diverse clientele. The company was originally established by Jason Andrews, with Curt Blake later joining and serving as CEO and President for a significant period. Blake, a lawyer with a background in satellite communications and software, steered the company through a decade of growth, leveraging his expertise to navigate the complex legal and commercial landscape of the space industry. The firm carved out a niche as a rideshare provider, purchasing space on various launch vehicles—from small rockets to large ones like SpaceX's Falcon 9—and then selling that capacity to multiple customers, primarily small satellite operators. This business model democratized access to space for organizations such as commercial companies, government agencies, and research institutions, which might not have the resources to book a dedicated rocket. Spaceflight's core offering encompassed not just the launch slot but also payload processing, integration, and mission planning, effectively acting as a one-stop shop for getting satellites into orbit. A significant achievement was the SSO-A mission in 2018, which launched 64 satellites from 34 different organizations on a single Falcon 9 rocket, a record-setting dedicated rideshare mission at the time. The company also developed its own hardware, the Sherpa-NG family of orbital transfer vehicles (OTVs), designed to deploy satellites into precise orbits after the primary launch vehicle reaches its initial destination. These "space tugs" provided last-mile delivery, enhancing the company's service capabilities. In 2023, the landscape for Spaceflight shifted when it was acquired by Firefly Aerospace. The acquisition integrated Spaceflight's experienced mission management team and rideshare expertise directly into Firefly's operations. This strategic move allows Firefly to offer a more complete package of services, combining its own launch vehicles, like the Alpha rocket, with in-house mission management and orbital services. For Spaceflight, the transition marked the end of its journey as a launch vehicle-agnostic broker and its integration into a vertically integrated launch provider.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1999
Headquarters
Tukwila, United States
Employees
42
Open positions
None listed
Dealroom signal
79.4/100
Sub-industry
Vehicle Production
Sector
Space, Ride-Sharing, Micromobility, Aviation and Aerospace, Space Tech, Space Transportation, In-Space Transportation, Space Upstream, Hard Tech
Technology
Hardware, Big Data, Deep Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Jun 2016
Capital deployed
—
Preferred round
ACQUISITION

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jun 2023 $0 — Firefly Aerospace ↗
MERGEROther financing Feb 2020 — — Mitsui Global Investment · Yamasa ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Spaceflight Systems website traffic

Latest recorded traffic for Spaceflight Systems is 190 monthly website visits, down 80% over the last three months. Spaceflight Systems's team grew 5% over the past year.

Latest monthly visits190 3-month web change-80% 1-year team growth+5%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

8 investors on the cap table

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

Series A4 investors entered at this stage

Series B and later2 investors entered at this stage

  • Mitsui Global Investment
  • AlleyCorp

Other known investors2 additional known investors

  • Firefly Aerospace
  • Yamasa
Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
🇺🇸 United States90%
🇯🇵 Japan10%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Spaceflight Systems 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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