Space Capital

Space Capital is a venture capital firm based in New York, founded in 2012. The firm specializes in investing in the space economy, with a focus on technologies related to global positioning systems, geospatial intelligence, and communications. By targeting companies that operate within these sectors, Space Capital aims to unlock the value inherent in space technology stacks. As a Registered Investment Adviser, the firm is committed to fostering innovation in the rapidly evolving space industry.

Chad Anderson

Managing Partner

Chelsea Goddard

Senior Associate

Justus Kilian

Principal

Dirk Robinson

Operating Partner

Alan Yu

Associate

Aaron Zeeb

Operating Partner

Past deals in Aerospace

Xona Space Systems

Series A in 2024
Xona Space Systems, Inc. specializes in developing and manufacturing position, navigation, and timing (PNT) satellite solutions. Founded in 2019 and headquartered in San Mateo, California, the company is focused on creating a constellation of low-cost, low-Earth orbiting satellites designed to enhance navigation for various applications, including autonomous vehicles, unmanned aerial vehicles, and mobile robotics. Their flagship product, the Xona Pulsar, delivers high-power signals from low Earth orbit, ensuring secure and accurate navigation and timing services. This innovative approach aims to meet the demands of smart transportation and smart infrastructure, providing the resilience and precision necessary for modern intelligent systems to operate safely and efficiently at scale.

Kayhan Space

Seed Round in 2023
Providing Trust and Transparency to Satellite Operators with Intuitive and Timely Collision Avoidance Warnings and Decision Guidance

Muon Space

Series A in 2022
Muon Space is a comprehensive space systems provider that specializes in developing and operating low-earth orbit (LEO) satellite constellations for scientific-grade atmospheric, ocean, and land measurements. The company's focus is on delivering mission-critical data through a platform that enhances remote sensing capabilities, allowing organizations to better understand and anticipate climate-related impacts. By offering tailored solutions, Muon Space enables customers to optimize their missions, ensuring faster deployment and improved performance in satellite operations. The company's technology is particularly beneficial for sectors such as aviation, where timely and accurate space insights are crucial for navigating climate uncertainties.

Lunar Outpost

Seed Round in 2022
Lunar Outpost is a company dedicated to advancing technology that facilitates sustainable human presence in space, particularly on the lunar surface. It specializes in the development of innovative robotics, including a moon rover designed for autonomous swarm navigation and capable of carrying diverse payloads. Additionally, the company creates Internet of Things (IoT) air quality sensors that monitor and respond to local air quality conditions. This technology not only supports lunar exploration but also aims to have a positive impact on Earth, enabling governments, companies, and communities to establish a sustainable presence in space.

Ursa Major

Series C in 2021
Ursa Major Technologies specializes in developing advanced propulsion solutions tailored for the microsatellite and nanosatellite launch market. Founded in 2015 and based in Berthoud, Colorado, the company focuses on creating high-performance propulsion engines that utilize a combustion system powered by liquid oxygen and kerosene. By employing innovative manufacturing techniques, over 80% of its engines are produced using additively manufactured components crafted from proprietary materials. Ursa Major aims to provide aerospace clients with reliable, cost-effective engines that enhance boost propulsion capabilities for various vehicles within the microsatellite category, as well as for hypersonic applications.

Hedron

Series A in 2021
Hedron is focused on developing a network of data relay satellites that facilitate real-time communication between Earth and space. Their modular and scalable system employs a hybrid RF-optical communication approach, providing connectivity for low-Earth orbit satellites. Hedron's imaging satellites generate valuable data that address critical global challenges, including food and water security, climate change monitoring, and disaster mitigation. By offering a series of data relay nodes, the company enables clients to optimize the global economy and enhance understanding of the planet, paving the way for innovation and improved insights in various sectors.

SkyWatch

Series B in 2021
SkyWatch is a company that offers a digital infrastructure for the distribution of Earth observation data and derived intelligence. Founded in 2014 and headquartered in Waterloo, Ontario, SkyWatch has developed a satellite data intelligence platform that makes satellite data accessible to a wide range of users. Its platform enables developers to integrate Earth observation data into their applications and workflows cost-effectively. By providing access to remote sensing datasets, SkyWatch assists users in analyzing satellite data for various applications, including monitoring agricultural progress, predicting market trends, tracking maritime and aerial movements, and assessing global warming.

Muon Space

Seed Round in 2021
Muon Space is a comprehensive space systems provider that specializes in developing and operating low-earth orbit (LEO) satellite constellations for scientific-grade atmospheric, ocean, and land measurements. The company's focus is on delivering mission-critical data through a platform that enhances remote sensing capabilities, allowing organizations to better understand and anticipate climate-related impacts. By offering tailored solutions, Muon Space enables customers to optimize their missions, ensuring faster deployment and improved performance in satellite operations. The company's technology is particularly beneficial for sectors such as aviation, where timely and accurate space insights are crucial for navigating climate uncertainties.

ALL.SPACE

Series B in 2021
ALL.SPACE specializes in the development of advanced smart terminal technology aimed at enhancing connectivity across various environments, including land, sea, and air. The company, previously known as Isotropic Systems, has created the world's first next-generation smart terminal that enables seamless communication with all satellites, networks, and orbits simultaneously. Their innovative software-defined service platform features intelligent routing and edge computing capabilities, ensuring high network resilience and application performance. The S2000 range of terminals is highly customizable, offering numerous options in sizes, transmission/reception ratios, and configurations to meet diverse client needs. This modular design allows businesses to optimize their communication solutions, improve enterprise mobility, and achieve faster returns on bandwidth, ultimately expanding their customer base and increasing profitability.

Ursa Major

Series B in 2020
Ursa Major Technologies specializes in developing advanced propulsion solutions tailored for the microsatellite and nanosatellite launch market. Founded in 2015 and based in Berthoud, Colorado, the company focuses on creating high-performance propulsion engines that utilize a combustion system powered by liquid oxygen and kerosene. By employing innovative manufacturing techniques, over 80% of its engines are produced using additively manufactured components crafted from proprietary materials. Ursa Major aims to provide aerospace clients with reliable, cost-effective engines that enhance boost propulsion capabilities for various vehicles within the microsatellite category, as well as for hypersonic applications.

ATLAS Space Operations

Convertible Note in 2020
ATLAS Space Operations, Inc. specializes in revolutionizing satellite communications through its innovative software platform. Founded in 2015 and headquartered in Traverse City, Michigan, the company offers the ATLAS Freedom Software Platform, a cloud-based space management and control system. This platform enables users to gather and process data from space efficiently, featuring capabilities such as flexible scheduling, cloud processing, and integration with AWS services. ATLAS also operates a global network of antennas to provide affordable and scalable ground communication solutions. With a focus on improving the accessibility and affordability of space-based communications, ATLAS aims to transform the industry and enhance how data from satellites is utilized on Earth.

Accion Systems

Series B in 2020
Accion Systems Inc. is a Boston-based company that designs and manufactures advanced satellite propulsion systems utilizing its proprietary ion beam technology. Founded in 2014, the company specializes in in-space propulsion solutions that cater to the needs of the space industry. Accion's product lineup includes the MIN-0 and MAX-1 electric propulsion systems for small satellites, as well as the Tiled Ionic Liquid Electrospray (TILE) technology, which provides efficient and scalable propulsion capabilities. The TILE system is versatile, enabling various satellite maneuvers such as attitude control, collision avoidance, orbit adjustments, and deorbiting. Accion's innovations serve a broad range of spacecraft, from small CubeSats to larger satellite platforms, advancing the capabilities and efficiency of modern space missions.

SkyWatch

Series A in 2020
SkyWatch is a company that offers a digital infrastructure for the distribution of Earth observation data and derived intelligence. Founded in 2014 and headquartered in Waterloo, Ontario, SkyWatch has developed a satellite data intelligence platform that makes satellite data accessible to a wide range of users. Its platform enables developers to integrate Earth observation data into their applications and workflows cost-effectively. By providing access to remote sensing datasets, SkyWatch assists users in analyzing satellite data for various applications, including monitoring agricultural progress, predicting market trends, tracking maritime and aerial movements, and assessing global warming.

Ursa Major

Series B in 2019
Ursa Major Technologies specializes in developing advanced propulsion solutions tailored for the microsatellite and nanosatellite launch market. Founded in 2015 and based in Berthoud, Colorado, the company focuses on creating high-performance propulsion engines that utilize a combustion system powered by liquid oxygen and kerosene. By employing innovative manufacturing techniques, over 80% of its engines are produced using additively manufactured components crafted from proprietary materials. Ursa Major aims to provide aerospace clients with reliable, cost-effective engines that enhance boost propulsion capabilities for various vehicles within the microsatellite category, as well as for hypersonic applications.

SpaceX

Funding Round in 2019
SpaceX, Inc., founded in 2002 and headquartered in Hawthorne, California, specializes in the design, manufacture, and launch of advanced rockets and spacecraft. The company develops various products, including the Falcon 1, Falcon 9, Falcon Heavy, Dragon, and Starship, with a focus on creating reusable launch vehicles. These vehicles are engineered for the transport of cargo, humans, and payloads into space, incorporating features such as multiple engines, an attached trunk, and parachute systems. SpaceX aims to reduce the costs of space travel, thereby making space exploration more accessible and advancing the capabilities of the space industry.

SpeQtral

Seed Round in 2019
SpeQtral specializes in developing advanced quantum communication systems, focusing on both fibre- and satellite-based quantum key distribution and post-quantum cryptographic solutions. With a team of experts in quantum science, cryptography, and engineering, the company addresses the significant security challenges posed by the advancements in quantum computing. SpeQtral's technologies leverage the principles of physics to provide security that is resistant to the potential vulnerabilities of current encryption protocols, ensuring future-proof solutions against emerging computational threats. Their offerings enable businesses to establish secure communication networks enhanced by an additional layer of quantum-secured encryption, positioning them well for the impending quantum revolution.

ALL.SPACE

Series A in 2019
ALL.SPACE specializes in the development of advanced smart terminal technology aimed at enhancing connectivity across various environments, including land, sea, and air. The company, previously known as Isotropic Systems, has created the world's first next-generation smart terminal that enables seamless communication with all satellites, networks, and orbits simultaneously. Their innovative software-defined service platform features intelligent routing and edge computing capabilities, ensuring high network resilience and application performance. The S2000 range of terminals is highly customizable, offering numerous options in sizes, transmission/reception ratios, and configurations to meet diverse client needs. This modular design allows businesses to optimize their communication solutions, improve enterprise mobility, and achieve faster returns on bandwidth, ultimately expanding their customer base and increasing profitability.

SpaceX

Series J in 2018
SpaceX, Inc., founded in 2002 and headquartered in Hawthorne, California, specializes in the design, manufacture, and launch of advanced rockets and spacecraft. The company develops various products, including the Falcon 1, Falcon 9, Falcon Heavy, Dragon, and Starship, with a focus on creating reusable launch vehicles. These vehicles are engineered for the transport of cargo, humans, and payloads into space, incorporating features such as multiple engines, an attached trunk, and parachute systems. SpaceX aims to reduce the costs of space travel, thereby making space exploration more accessible and advancing the capabilities of the space industry.

ATLAS Space Operations

Series A in 2018
ATLAS Space Operations, Inc. specializes in revolutionizing satellite communications through its innovative software platform. Founded in 2015 and headquartered in Traverse City, Michigan, the company offers the ATLAS Freedom Software Platform, a cloud-based space management and control system. This platform enables users to gather and process data from space efficiently, featuring capabilities such as flexible scheduling, cloud processing, and integration with AWS services. ATLAS also operates a global network of antennas to provide affordable and scalable ground communication solutions. With a focus on improving the accessibility and affordability of space-based communications, ATLAS aims to transform the industry and enhance how data from satellites is utilized on Earth.

Vector Launch

Series B in 2018
Vector Launch, Inc. is a company that develops software for satellites and launch vehicles to facilitate access to space for micro and nano satellites. Founded in 2016 and headquartered in Tucson, Arizona, it operates additional facilities in Long Beach and San Jose, California. The company aims to connect space startups with affordable and frequent launch options, thereby enhancing access to orbital capabilities at unprecedented speeds and price points. Its focus on low-cost microsatellites not only supports commercial innovations but also addresses complex challenges for national security, providing valuable services to the intelligence community and the Department of Defense. However, Vector Launch faced financial difficulties and filed for reorganization under Chapter 11 in December 2019.

Made In Space

Seed Round in 2018
Made In Space, Inc. specializes in designing and manufacturing advanced equipment for space exploration, national security, and sustainable settlement in space. Founded in 2010 and based in Jacksonville, Florida, the company develops a range of products, including space-optimized structures, space telescopes, and additive manufacturing technologies for use in orbit. Additionally, Made In Space focuses on producing space-enabled industrial crystals, hybrid metals manufacturing equipment, and recycling solutions specifically tailored for the space environment. As of June 2020, Made In Space operates as a subsidiary of Redwire, LLC, which provides critical space solutions and components, leveraging a combination of extensive flight experience and innovative practices to address the evolving demands of the space economy.

LeoLabs

Series A in 2018
LeoLabs, Inc. is an aerospace company based in Menlo Park, California, that specializes in phased-array radar technology to provide high-resolution data on objects in low Earth orbit. Founded in 2015, LeoLabs operates a platform for collision avoidance, which automates and modernizes satellite operations while offering foundational mapping data and services to reduce collision risks. Its offerings include rapid orbit determination, early operational support, and ongoing orbit awareness. LeoLabs serves a diverse clientele, including commercial satellite operators, government regulatory bodies, and space agencies, facilitating safe and sustainable operations in space and enhancing visibility for satellite management.

World View

Series C in 2018
World View is a pioneering company in stratospheric exploration and flight, focusing on advanced research, discovery, and human spaceflight. With over 115 successful flights, it has developed patented technologies for innovative takeoff, landing systems, and trajectory control in the stratosphere. The company's offerings include Stratollites, which provide persistent imaging and data collection over specific areas for extended periods, serving as an affordable alternative to satellites and drones. World View's expertise has garnered the trust of NASA and various governmental and scientific organizations, enabling it to deliver high-resolution data and analytics for diverse applications. Additionally, the company is expanding into space tourism, aiming to make edge-of-space travel accessible to the public. Through these initiatives, World View aspires to inspire and explore new perspectives for a better future.

Vector Launch

Convertible Note in 2018
Vector Launch, Inc. is a company that develops software for satellites and launch vehicles to facilitate access to space for micro and nano satellites. Founded in 2016 and headquartered in Tucson, Arizona, it operates additional facilities in Long Beach and San Jose, California. The company aims to connect space startups with affordable and frequent launch options, thereby enhancing access to orbital capabilities at unprecedented speeds and price points. Its focus on low-cost microsatellites not only supports commercial innovations but also addresses complex challenges for national security, providing valuable services to the intelligence community and the Department of Defense. However, Vector Launch faced financial difficulties and filed for reorganization under Chapter 11 in December 2019.

SkyWatch

Seed Round in 2018
SkyWatch is a company that offers a digital infrastructure for the distribution of Earth observation data and derived intelligence. Founded in 2014 and headquartered in Waterloo, Ontario, SkyWatch has developed a satellite data intelligence platform that makes satellite data accessible to a wide range of users. Its platform enables developers to integrate Earth observation data into their applications and workflows cost-effectively. By providing access to remote sensing datasets, SkyWatch assists users in analyzing satellite data for various applications, including monitoring agricultural progress, predicting market trends, tracking maritime and aerial movements, and assessing global warming.

NanoRacks

Series A in 2017
NanoRacks LLC was formed in 2009 to provide commercial hardware and services for the U.S. National Laboratory onboard the International Space Station via a Space Act Agreement with NASA. NanoRacks’ main office is in Houston, Texas, right alongside the NASA Johnson Space Center. The Business Development office is in Washington, DC. Additional offices are located in Silicon Valley, California and Leiden, Netherlands. In July 2015, NanoRacks signed a teaming agreement with Blue Origin to offer integration services on their New Shepard space vehicle. The Company has grown into the Operating System for Space Utilization by having the tools, the hardware and the services to allow other companies, organizations and governments to realize their own space plans. As of June 2018, over 700 payloads have been deployed by NanoRacks on the International Space Station and our customer base includes the European Space Agency (ESA) the German Space Agency (DLR,) the American space agency (NASA,) US Government Agencies, Planet Labs, Urthecast, Space Florida, NCESSE, Virgin Galactic, pharmaceutical drug companies, and organizations in Vietnam, UK, Romania and Israel. The NanoRacks customer base has propelled the company into a leadership position in understanding the emerging commercial market for low-earth orbit utilization.

XO Markets

Venture Round in 2017
XO Markets Holdings is a space commercialization holding company focused on bringing about a vibrant, commercial marketplace from low-Earth orbit, to deep space, and beyond. Leveraging access to a multitude of in-space platforms worldwide, both in the government and private sector, XO Markets owns and operates Nanoracks, LLC, DreamUp, PBC and other innovative space-based organizations.

Hedron

Seed Round in 2017
Hedron is focused on developing a network of data relay satellites that facilitate real-time communication between Earth and space. Their modular and scalable system employs a hybrid RF-optical communication approach, providing connectivity for low-Earth orbit satellites. Hedron's imaging satellites generate valuable data that address critical global challenges, including food and water security, climate change monitoring, and disaster mitigation. By offering a series of data relay nodes, the company enables clients to optimize the global economy and enhance understanding of the planet, paving the way for innovation and improved insights in various sectors.

Oxford Space Systems

Series A in 2017
Oxford Space Systems Limited, founded in 2013 and based in Harwell, United Kingdom, specializes in the development, manufacture, and marketing of deployable hardware structures for space environments. The company focuses on creating innovative deployable antennas, panels, hinge systems, and composite linear boom systems, utilizing advanced design techniques such as origami and proprietary materials. These technologies aim to produce structures that are lighter, less complex, and more cost-effective than traditional alternatives, catering to the global satellite industry. Oxford Space Systems has gained recognition for its rapid product development, notably with its AstroTube Boom, which achieved successful deployment in under 30 months. The company has engaged in various co-development projects supported by the UK government, collaborating with leading European satellite manufacturers and securing commercial contracts in Asia and the US. With a growing team of professionals possessing extensive experience in the space sector, Oxford Space Systems operates from a custom facility at the Harwell Space Cluster, equipped to handle defense and security contracts.

BridgeComm

Series A in 2017
BridgeComm, Inc. is a satellite communications provider based in Denver, Colorado, specializing in optical wireless communication systems. The company designs and develops technology that enhances the wireless transfer of data from low Earth orbit satellites. Known for its managed optical communication array (MOCA) technology, BridgeComm enables efficient data sharing and collaboration across multiple domains while ensuring heightened security. Its offerings include mission analysis, design, delivery, and integration of space terminals, as well as access to a global ground network that facilitates direct data delivery from satellites to servers. This innovative solution addresses the increasing demand for data collection and transmission in the rapidly evolving space communications sector.

Vector Launch

Seed Round in 2016
Vector Launch, Inc. is a company that develops software for satellites and launch vehicles to facilitate access to space for micro and nano satellites. Founded in 2016 and headquartered in Tucson, Arizona, it operates additional facilities in Long Beach and San Jose, California. The company aims to connect space startups with affordable and frequent launch options, thereby enhancing access to orbital capabilities at unprecedented speeds and price points. Its focus on low-cost microsatellites not only supports commercial innovations but also addresses complex challenges for national security, providing valuable services to the intelligence community and the Department of Defense. However, Vector Launch faced financial difficulties and filed for reorganization under Chapter 11 in December 2019.

Hedron

Angel Round in 2016
Hedron is focused on developing a network of data relay satellites that facilitate real-time communication between Earth and space. Their modular and scalable system employs a hybrid RF-optical communication approach, providing connectivity for low-Earth orbit satellites. Hedron's imaging satellites generate valuable data that address critical global challenges, including food and water security, climate change monitoring, and disaster mitigation. By offering a series of data relay nodes, the company enables clients to optimize the global economy and enhance understanding of the planet, paving the way for innovation and improved insights in various sectors.

Planetary Resources

Series A in 2016
Planetary Resources is bringing the natural resources of space within humanity’s economic sphere of influence, propelling us into the 21st century and beyond…today. Asteroids will play a key role in the development of a space economy and be the main driver in allowing humanity to become a flourishing multi-planetary species. Water from asteroids will fuel the in-space economy and habitation, by creating rocket fuel and consumable water from space, for space.

Accion Systems

Series A in 2016
Accion Systems Inc. is a Boston-based company that designs and manufactures advanced satellite propulsion systems utilizing its proprietary ion beam technology. Founded in 2014, the company specializes in in-space propulsion solutions that cater to the needs of the space industry. Accion's product lineup includes the MIN-0 and MAX-1 electric propulsion systems for small satellites, as well as the Tiled Ionic Liquid Electrospray (TILE) technology, which provides efficient and scalable propulsion capabilities. The TILE system is versatile, enabling various satellite maneuvers such as attitude control, collision avoidance, orbit adjustments, and deorbiting. Accion's innovations serve a broad range of spacecraft, from small CubeSats to larger satellite platforms, advancing the capabilities and efficiency of modern space missions.

Astrobotic

Seed Round in 2016
Astrobotic Technology Inc., based in Pittsburgh, specializes in affordable space robotics technology and planetary missions. The company develops innovative robotic solutions to assist space agencies in executing lunar missions. Its offerings include prototype rovers designed to transport commercial, government, and scientific payloads to the Moon's surface. Additionally, Astrobotic engages in collecting lunar science and engineering data, delivering contract payloads, and organizing media and sponsorship events, thereby facilitating a wide range of space exploration activities.

World View

Series B in 2016
World View is a pioneering company in stratospheric exploration and flight, focusing on advanced research, discovery, and human spaceflight. With over 115 successful flights, it has developed patented technologies for innovative takeoff, landing systems, and trajectory control in the stratosphere. The company's offerings include Stratollites, which provide persistent imaging and data collection over specific areas for extended periods, serving as an affordable alternative to satellites and drones. World View's expertise has garnered the trust of NASA and various governmental and scientific organizations, enabling it to deliver high-resolution data and analytics for diverse applications. Additionally, the company is expanding into space tourism, aiming to make edge-of-space travel accessible to the public. Through these initiatives, World View aspires to inspire and explore new perspectives for a better future.

Planet

Series C in 2015
Planet is a startup based in San Francisco and founded by former NASA employees that collects information about its changing planet via a fleet of compact, highly capable Earth-imaging satellites. The broad coverage and high frequency of Planet's satellite imagery will enable customers with unprecedented access to global and local insights that currently are either impossible or cost-prohibitive to obtain. It designs, builds, and operates the largest fleet of satellites, as well as online software, tools, and analytics needed to deliver data to users. Planet offers a diverse selection of imagery and analytic solutions, all made available online through our platform and web-based tools. They provide geospatial insights at the speed of change, equipping users with the data necessary to make informed, timely decisions.

Planet

Series C in 2015
Planet is a startup based in San Francisco and founded by former NASA employees that collects information about its changing planet via a fleet of compact, highly capable Earth-imaging satellites. The broad coverage and high frequency of Planet's satellite imagery will enable customers with unprecedented access to global and local insights that currently are either impossible or cost-prohibitive to obtain. It designs, builds, and operates the largest fleet of satellites, as well as online software, tools, and analytics needed to deliver data to users. Planet offers a diverse selection of imagery and analytic solutions, all made available online through our platform and web-based tools. They provide geospatial insights at the speed of change, equipping users with the data necessary to make informed, timely decisions.
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