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Starfighters Space
Operating a commercial fleet of supersonic jets capable of Mach 2 flights to support high-altitude payload launches, hypersonic testing and aerospace services
About Starfighters Space
Starfighters Space, Inc. is an aerospace and defense company positioned to address the growing demand for small satellite launches and hypersonic testing. The firm operates the only privately-owned fleet of flight-ready F-104 Starfighter supersonic jets in the world, capable of reaching speeds of Mach 2. Operations are strategically located at the Kennedy Space Center in Florida, placing the company alongside major players like SpaceX and Blue Origin.
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The company was founded by Rick Svetkoff, a former U.S. Navy pilot and later a commercial airline captain for Continental Airlines. His journey began with the purchase of a single F-104 for airshow performances, which evolved into the Starfighters Demonstration Team with a fleet of three jets. Recognizing the burgeoning commercial space market, Svetkoff transitioned the fleet's purpose from exhibition to a commercial enterprise, founding Starfighters Inc. in 1995 and later evolving into Starfighters Space to focus on aerospace applications. He bootstrapped the company initially, later securing a loan from Space Florida and, in 2022, its first investment from Fortuna Investments.
Starfighters Space's business model leverages its unique fleet for multiple revenue streams. The primary business is providing air-launch services for small satellites. Using the F-104 as a reusable, piloted first stage, the company can carry payloads to an altitude of approximately 45,000 feet for launch. Its STARLAUNCH I rocket is designed for sub-orbital launches, with the next generation, STARLAUNCH II, planned for delivering payloads to Low Earth Orbit (LEO). This approach targets a backlog of small satellites awaiting launch and aims to be a cost-effective solution in a market projected to reach over $54 billion by 2030.
Beyond satellite deployment, the company generates revenue through hypersonic research, development, testing, and evaluation (RDT&E) services. Its client roster includes prominent names such as Lockheed Martin, GE Aerospace, the U.S. Air Force Research Laboratory, and Space Florida. Additional services encompass captive carry of test articles, microgravity experiments, spaceflight hardware qualification, and pilot training. The company is currently engaged in a Reg A+ fundraising round to finance the expansion of its development programs, with the goal of completing its first commercial launch. Keywords: air-launch, small satellite launch, hypersonic testing, F-104 Starfighter, aerospace and defense, sub-orbital launch, Low Earth Orbit, Kennedy Space Center, supersonic aircraft, payload deployment, reusable launch vehicle, STARLAUNCH, Rick Svetkoff, space technology, commercial spaceflight, microgravity research, aerospace R&D, captive carry testing, flight simulation, satellite services
At a glance
- Status
- Operational
- Founded
- 2007
- Headquarters
- Orlando, United States
- Employees
- 11
- Open positions
- None listed
- Dealroom signal
- 87.7/100
- Sector
- Space, Defence, Space Travel, Aviation and Aerospace, Space Tech, Launch Vehicles, Space Transportation, Hypersonic Flight, Spaceplanes and Hypersonic Flight, Space Upstream, Hard Tech
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| PRIVATE PLACEMENT NON VC✓Other financing | May 2026 | $18M | — | Undisclosed | ↗ |
| IPO✓Exit | Dec 2025 | $40M | $194M | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Starfighters Space is 10K monthly website visits, up 6.4% over the last three months. Starfighters Space's team grew 120% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Fortuna Investments
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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