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Top 55 Startups in the Aerospace Industry

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There are a lot of things to consider when building a new startup - where to get funding, how to validate your idea, and what features should the product have.

One of the challenges, however, is finding a market that is willing to pay for your solution without even knowing what it is yet.

While some people say this makes your idea too vague and hard to monetize, there’s actually good news.

There’s more money in this space than ever before by angels investing in early-stage companies.

If you're building a Aerospace startup, you must check these 55 fast-growing companies.


55 Aerospace Startups

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1) Boom Supersonic

1) Boom Supersonic

Boom Supersonic is a commercial aircraft manufacturer that specializes in supersonic aircraft that are designed for speed, safety, and environmental sustainability.

Details of the startup:

  • Country: United States
  • City: Englewood
  • Started in: 2014
  • Founders: Blake Scholl, Joe Wilding, Joshua Krall
  • Number of employees: 101-250
  • Funding amount: $241,131,868
  • Number of funding rounds: 9
  • Number of investors: 27

You can find their website here.

2) Relativity Space

2) Relativity Space

Relativity Space is an aerospace company that creates 3D printed rockets by designing, developing, and manufacturing them.

Details of the startup:

  • Country: United States
  • City: Long Beach
  • Started in: 2015
  • Founders: Jordan Noone, Tim Ellis
  • Number of employees: 251-500
  • Funding amount: $1,335,720,000
  • Number of funding rounds: 6
  • Number of investors: 44

You can find their website here.

3) Blue Origin

3) Blue Origin

Blue Origin is an aerospace business whose mission is to reduce the cost of spaceflight while also assisting in the exploration of the solar system.

Details of the startup:

  • Country: United States
  • City: Kent
  • Started in: 2000
  • Founders: Jeff Bezos
  • Number of employees: 251-500
  • Funding amount: $13,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

4) SpaceX

4) SpaceX

SpaceX is a private aerospace and aviation firm that develops, builds, and launches sophisticated rockets and spacecraft.

Details of the startup:

  • Country: United States
  • City: Hawthorne
  • Started in: 2002
  • Founders: Elon Musk
  • Number of employees: 5001-10000
  • Funding amount: $7,460,112,010
  • Number of funding rounds: 43
  • Number of investors: 45

You can find their website here.

5) DJI

5) DJI

DJI creates cutting-edge drone and camera technologies for both business and recreational use.

Details of the startup:

  • Country: China
  • City: Shenzhen
  • Started in: 2006
  • Founders: Frank Wang
  • Number of employees: 10001+
  • Funding amount: $105,000,000
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

6) Joby Aviation

6) Joby Aviation

Joby Aviation is a business that develops electric aircraft for the aerospace industry.

Details of the startup:

  • Country: United States
  • City: Santa Cruz
  • Started in: 2009
  • Founders: JoeBen Bevirt
  • Number of employees: 501-1000
  • Funding amount: $795,970,000
  • Number of funding rounds: 6
  • Number of investors: 20

You can find their website here.

7) LeoLabs

7) LeoLabs

LeoLabs is an aerospace business that specializes in low-Earth-orbit mapping and space situational awareness.

Details of the startup:

  • Country: United States
  • City: Menlo Park
  • Started in: 2016
  • Founders: Daniel Ceperley, John Buonocore, Michael Nicolls
  • Number of employees: 11-50
  • Funding amount: $82,000,000
  • Number of funding rounds: 5
  • Number of investors: 12

You can find their website here.

8) Lilium

8) Lilium

Lilium is a business that is working on building an electric airplane.

Details of the startup:

  • Country: Germany
  • City: Weßling
  • Started in: 2015
  • Founders: Daniel Wiegand, Matthias Meiner, Patrick Nathen, Sebastian Born
  • Number of employees: 501-1000
  • Funding amount: $376,400,000
  • Number of funding rounds: 5
  • Number of investors: 6

You can find their website here.

9) Planet

9) Planet

Planet is an aerospace and data analytics firm that develops small satellites and transmits data about the changing world.

Details of the startup:

  • Country: United States
  • City: San Francisco
  • Started in: 2010
  • Founders: Chris Boshuizen, Robbie Schingler, Will Marshall
  • Number of employees: 501-1000
  • Funding amount: $373,898,658
  • Number of funding rounds: 8
  • Number of investors: 29

You can find their website here.

10) Astra

10) Astra

Astra is a rocket launch company that specializes in satellite delivery and launch.

Details of the startup:

  • Country: United States
  • City: Alameda
  • Started in: 2016
  • Founders: Adam London, Chris Kemp
  • Number of employees: 101-250
  • Funding amount: $100,000,000
  • Number of funding rounds: 3
  • Number of investors: 8

You can find their website here.

11) Hydrosat

11) Hydrosat

Hydrosat is a satellite data company that transforms satellite pictures into useful goods for agriculture and related industries.

Details of the startup:

  • Country: United States
  • City: Washington D.C.
  • Started in: 2017
  • Founders: Jakob Van Zyl, Pieter Fossel, Royce Dalby, Yunjin Kim
  • Number of employees: 11-50
  • Funding amount: $10,623,002
  • Number of funding rounds: 5
  • Number of investors: 11

You can find their website here.

12) Skyroot Aerospace

12) Skyroot Aerospace

Skyroot Aerospace is India's first space launch vehicle company, producing rockets for low-cost access to space.

Details of the startup:

  • Country: India
  • City: Hyderabad
  • Started in: 2018
  • Founders: Naga Bharath Daka, Pawan Kumar Chandana
  • Number of employees: 11-50
  • Funding amount: $14,938,971
  • Number of funding rounds: 3
  • Number of investors: 9

You can find their website here.

13) Axiom Space

13) Axiom Space

Axiom Space is a business developing the first multinational commercial space station.

Details of the startup:

  • Country: United States
  • City: Houston
  • Started in: 2016
  • Founders: Kam Ghaffarian, Michael Suffredini
  • Number of employees: 101-250
  • Funding amount: $150,000,000
  • Number of funding rounds: 4
  • Number of investors: 19

You can find their website here.

14) Firefly Aerospace

14) Firefly Aerospace

Firefly Aerospace provides tiny payloads with cost-effective and dependable launch vehicles, spacecraft, and in-space services.

Details of the startup:

  • Country: United States
  • City: Cedar Park
  • Started in: 2014
  • Founders: Eric Salwan, Maureen Gannon, Max Polyakov, Michael Blum, PJ King, Thomas Markusic
  • Number of employees: 251-500
  • Funding amount: $196,557,023
  • Number of funding rounds: 6
  • Number of investors: 10

You can find their website here.

15) Agnikul

15) Agnikul

Agnikul is a space technology company that designs, builds, tests, and launches orbital class rockets for micro and nano satellites.

Details of the startup:

  • Country: India
  • City: Chennai
  • Started in: 2017
  • Founders: Moin SPM, Satyanarayanan Chakravarthy, Srinath Ravichandran
  • Number of employees: 51-100
  • Funding amount: $14,543,144
  • Number of funding rounds: 4
  • Number of investors: 17

You can find their website here.

16) Isar Aerospace

16) Isar Aerospace

Isar Aerospace is a space technology firm that specializes in satellite constellation launch systems.

Details of the startup:

  • Country: Germany
  • City: Munich
  • Started in: 2018
  • Founders: Daniel Metzler, Josef Fleischmann, Markus Brandl
  • Number of employees: 101-250
  • Funding amount: $176,718,945
  • Number of funding rounds: 3
  • Number of investors: 11

You can find their website here.

17) Volocopter

17) Volocopter

Volocopter is an urban air transportation business that creates environmentally friendly air taxis.

Details of the startup:

  • Country: Germany
  • City: Bruchsal
  • Started in: 2011
  • Founders: Alexander Zosel, Stephan Wolf
  • Number of employees: 251-500
  • Funding amount: € 369,200,000
  • Number of funding rounds: 6
  • Number of investors: 20

You can find their website here.

18) SkySpecs

18) SkySpecs

SkySpecs uses cutting-edge robotics to automate the operation and maintenance of utility-scale wind turbines.

Details of the startup:

  • Country: United States
  • City: Ann Arbor
  • Started in: 2012
  • Founders: Danny Ellis, Jonathan Bendes, Ryan Morton, Samuel DeBruin, Tom Brady
  • Number of employees: 51-100
  • Funding amount: $38,659,113
  • Number of funding rounds: 6
  • Number of investors: 14

You can find their website here.

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19) ICEYE

19) ICEYE

By delivering fast and reliable satellite images, ICEYE enables people to make better decisions in the B2B and B2G markets.

Details of the startup:

  • Country: Finland
  • City: Espoo
  • Started in: 2014
  • Founders: Pekka Laurila, Rafal Modrzewski
  • Number of employees: 101-250
  • Funding amount: $152,059,475
  • Number of funding rounds: 8
  • Number of investors: 20

You can find their website here.

20) Airspace Link

20) Airspace Link

Airspace Link is a Low Altitude Authorization and Notification Capability (LAANC) Platform for UAS/Drones that has been approved by the FAA.

Details of the startup:

  • Country: United States
  • City: Detroit
  • Started in: 2018
  • Founders: Ana Healander, Daniel Bradshaw, Michael Healander
  • Number of employees: 11-50
  • Funding amount: $18,000,070
  • Number of funding rounds: 4
  • Number of investors: 10

You can find their website here.

21) Phase Four

21) Phase Four

Electric propulsion (EP) for tiny spacecraft.

Details of the startup:

  • Country: United States
  • City: El Segundo
  • Started in: 2015
  • Founders: J. P. Sheehan, Simon Halpern
  • Number of employees: 11-50
  • Funding amount: $29,565,499
  • Number of funding rounds: 6
  • Number of investors: 10

You can find their website here.

22) PrecisionHawk

22) PrecisionHawk

Precision Hawk creates and combines commercial drone technology that revolutionizes the collecting and analysis of aerial data.

Details of the startup:

  • Country: United States
  • City: Raleigh
  • Started in: 2010
  • Founders: Christopher Dean, Ernest Earon
  • Number of employees: 101-250
  • Funding amount: $136,000,000
  • Number of funding rounds: 7
  • Number of investors: 16

You can find their website here.

23) Anduril Industries

23) Anduril Industries

Anduril Industries is a defense equipment manufacturer that creates technology for military and border surveillance organizations.

Details of the startup:

  • Country: United States
  • City: Irvine
  • Started in: 2017
  • Founders: Brian Schimpf, Joseph Chen, Matt Grimm, Palmer Luckey, Trae Stephens
  • Number of employees: 251-500
  • Funding amount: $691,000,000
  • Number of funding rounds: 5
  • Number of investors: 17

You can find their website here.

24) ABL Space Systems

24) ABL Space Systems

ABL Space Systems manufactures tiny satellite launch rockets.

Details of the startup:

  • Country: United States
  • City: El Segundo
  • Started in: 2017
  • Founders: Harry O'Hanley
  • Number of employees: 101-250
  • Funding amount: $219,000,000
  • Number of funding rounds: 3
  • Number of investors: 8

You can find their website here.

25) Sarcos Robotics

25) Sarcos Robotics

Sarcos is a robotics firm that creates wearable and teleoperated industrial robotics to improve user safety and efficiency.

Details of the startup:

  • Country: United States
  • City: Salt Lake City
  • Started in: 1983
  • Founders: Ben Wolff, Stephen Jacobsen
  • Number of employees: 101-250
  • Funding amount: $96,125,000
  • Number of funding rounds: 4
  • Number of investors: 12

You can find their website here.

26) Infinite Composites

26) Infinite Composites

Advanced gas storage systems for aircraft, industrial gas, and transportation applications are designed, developed, and manufactured by ICT.

Details of the startup:

  • Country: United States
  • City: Tulsa
  • Started in: 2010
  • Founders: Matt Villarreal, Michael Tate
  • Number of employees: 11-50
  • Funding amount: $5,435,205
  • Number of funding rounds: 14
  • Number of investors: 14

You can find their website here.

27) AirMap

27) AirMap

AirMap is a platform for unmanned aircraft that provides airspace services.

Details of the startup:

  • Country: United States
  • City: Santa Monica
  • Started in: 2014
  • Founders: Ben Marcus, Gregory McNeal
  • Number of employees: 101-250
  • Funding amount: $78,657,664
  • Number of funding rounds: 7
  • Number of investors: 22

You can find their website here.

28) HNA Group

28) HNA Group

HNA Group is a conglomerate of companies with interests in travel, finance, and other business ventures.

Details of the startup:

  • Country: China
  • City: Haikou
  • Started in: 1993
  • Founders: Chen Feng, Tan Xiangdong, WenLi Chen, Xianhua Li
  • Number of employees: 10001+
  • Funding amount: $3,830,545,855
  • Number of funding rounds: 3
  • Number of investors: 7

You can find their website here.

29) Axelspace

29) Axelspace

Axelspace is a company that develops commercial microsatellites and provides satellite imagery.

Details of the startup:

  • Country: Japan
  • City: Tokyo
  • Started in: 2008
  • Founders: Naoki Miyashita, Takashi Eishima, Yuya Nakamura
  • Number of employees: 51-100
  • Funding amount: ¥7,640,000,000
  • Number of funding rounds: 6
  • Number of investors: 23

You can find their website here.

30) Astroscale

30) Astroscale

Astroscale was formed by an IT entrepreneur who recommended approaching the business of orbital debris mitigation with a start-up ethos.

Details of the startup:

  • Country: Japan
  • City: Sumida
  • Started in: 2013
  • Founders: Miki Ito, Mitsunobu Okada, Nobu Okada
  • Number of employees: 51-100
  • Funding amount: $204,200,000
  • Number of funding rounds: 8
  • Number of investors: 28

You can find their website here.

31) D-Orbit

31) D-Orbit

D-Orbit is the first company to provide solutions for moving, precisely deploying, and deleting satellites in space.

Details of the startup:

  • Country: Italy
  • City: Milan
  • Started in: 2011
  • Founders: Giuseppe Tussiwand, Luca Rossettini, Renato Panesi, Thomas Panozzo
  • Number of employees: 11-50
  • Funding amount: € 21,280,000
  • Number of funding rounds: 9
  • Number of investors: 13

You can find their website here.

32) TTTech

32) TTTech

TTTech is a technology pioneer in networked safety controls situated in Vienna, Austria.

Details of the startup:

  • Country: Austria
  • City: Vienna
  • Started in: 1998
  • Founders: Georg Kopetz, Stefan Poledna
  • Number of employees: 1001-5000
  • Funding amount: € 169,000,000
  • Number of funding rounds: 5
  • Number of investors: 8

You can find their website here.

33) Wingcopter

33) Wingcopter

Wingcopter is an unmanned eVTOL fixed-wing aircraft company dedicated to improving people's lives all around the world.

Details of the startup:

  • Country: Germany
  • City: Darmstadt
  • Started in: 2017
  • Founders: Ansgar Kadura, Jonathan Hesselbarth, Tom Plümmer
  • Number of employees: 51-100
  • Funding amount: $22,000,000
  • Number of funding rounds: 3
  • Number of investors: 5

You can find their website here.

34) Pangea Aerospace

34) Pangea Aerospace

Pangea Aerospace was founded by bringing together multinational engineers with a shared goal.

Details of the startup:

  • Country: Spain
  • City: Barcelona
  • Started in: 2018
  • Founders: Adria Argemi, Federico Rossi, Nicola Palumbo, Rasmus Bergstrom, Xavier Llairo
  • Number of employees: 1-10
  • Funding amount: € 4,071,429
  • Number of funding rounds: 3
  • Number of investors: 7

You can find their website here.

35) Alitalia

35) Alitalia

Alitalia is Italy's national airline and flag carrier.

Details of the startup:

  • Country: Italy
  • City: Rome
  • Started in: 1946
  • Number of employees: 10001+
  • Funding amount: $412,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

36) Preligens

36) Preligens

We create cutting-edge technologies to enable analysts to make informed decisions for a safer society.

Details of the startup:

  • Country: France
  • City: Paris
  • Started in: 2016
  • Founders: Arnaud Guerin, Renaud Allioux
  • Number of employees: 51-100
  • Funding amount: € 24,000,000
  • Number of funding rounds: 6
  • Number of investors: 5

You can find their website here.

37) Vistara

37) Vistara

Tata Sons Limited and Singapore Airlines Limited have partnered to form Vistara (SIA)

Details of the startup:

  • Country: India
  • City: Haryana
  • Started in: 2013
  • Number of employees: 1001-5000
  • Funding amount: ₹25,000,000,000
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

38) Heart Aerospace

38) Heart Aerospace

Heart Aerospace is a Swedish company that designs and manufactures electric regional planes.

Details of the startup:

  • Country: Sweden
  • City: Göteborg
  • Started in: 2018
  • Founders: Anders Forslund
  • Number of employees: 1-10
  • Funding amount: $2,255,928
  • Number of funding rounds: 2
  • Number of investors: 6

You can find their website here.

39) Kacific

39) Kacific

Kacific is a next-generation broadband satellite operator dedicated to bringing high-speed broadband to Asia Pacific at an affordable price.

Details of the startup:

  • Country: Singapore
  • City: Singapore
  • Started in: 2013
  • Founders: Christian Patouraux, Cyril Annarella
  • Number of employees: 11-50
  • Funding amount: $307,800,000
  • Number of funding rounds: 4
  • Number of investors: 2

You can find their website here.

40) Unseenlabs

40) Unseenlabs

Unseenlabs creates and develops a payload for spectrum surveillance.

Details of the startup:

  • Country: France
  • City: Rennes
  • Started in: 2015
  • Founders: Clement Galic, Jonathan Galic
  • Number of employees: 1-10
  • Funding amount: € 27,500,000
  • Number of funding rounds: 2
  • Number of investors: 7

You can find their website here.

41) Terra Drone

41) Terra Drone

Terra Drone is a company that makes drones and software.

Details of the startup:

  • Country: Japan
  • City: Tokyo
  • Started in: 2016
  • Founders: Toru Tokushige
  • Number of employees: 251-500
  • Funding amount: ¥1,510,000,000
  • Number of funding rounds: 1
  • Number of investors: 3

You can find their website here.

42) Kambr

42) Kambr

Software, consulting, and content are all used to improve airline revenue performance.

Details of the startup:

  • Country: The Netherlands
  • City: Amsterdam
  • Started in: 2019
  • Founders: Chris Anthony, Jason Kelly, Martin Kaduc, Michael Peters
  • Number of employees: 11-50
  • Funding amount: $7,000,000
  • Number of funding rounds: 2
  • Number of investors: 11

You can find their website here.

43) ADQ

43) ADQ

ADQ is a holding corporation that owns a number of large businesses.

Details of the startup:

  • Country: United Arab Emirates
  • City: Abu Dhabi
  • Started in: 2018

You can find their website here.

44) Unifly

44) Unifly

Unifly is a drone integration technology that allows for the safe integration of drones into the airspace.

Details of the startup:

  • Country: Belgium
  • City: Antwerp
  • Started in: 2015
  • Founders: Andres Van Swalm, Hans Schrauwen, Jürgen Verstaen, Koen Meuleman
  • Number of employees: 11-50
  • Funding amount: € 23,200,000
  • Number of funding rounds: 3
  • Number of investors: 5

You can find their website here.

45) AeroMobil

45) AeroMobil

AeroMobil is a cutting-edge technical firm working on a flying car that combines a sports car and a light plane into a single vehicle.

Details of the startup:

  • Country: Slovakia (Slovak Republic)
  • City: Bratislava
  • Started in: 2010
  • Founders: Juraj Vaculik, Stefan Klein
  • Number of employees: 11-50
  • Funding amount: $31,700,000
  • Number of funding rounds: 3
  • Number of investors: 5

You can find their website here.

46) SMBC Aviation Capital

46) SMBC Aviation Capital

SMBC Aviation Capital is a global aircraft leasing company that works with airlines to lease commercial jet aircraft.

Details of the startup:

  • Country: Ireland
  • City: Dublin
  • Started in: 1997
  • Number of employees: 101-250
  • Funding amount: $600,000,000
  • Number of funding rounds: 1

You can find their website here.

47) Magnax

47) Magnax

Next-generation electric vehicles will use axial flux electric motors with high power density.

Details of the startup:

  • Country: Belgium
  • City: Kortrijk
  • Started in: 2015
  • Founders: Daan Moreels, Kester Goh, Peter Leijnen
  • Number of employees: 11-50
  • Funding amount: $19,994,079
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

48) Dhruva Space

48) Dhruva Space

Dhruva Space is a private firm that specializes in space exploration.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2012
  • Founders: Sanjay Nekkanti
  • Number of employees: 11-50
  • Funding amount: ₹50,000,000
  • Number of funding rounds: 1
  • Number of investors: 3

You can find their website here.

49) Gilmour Space Technologies

49) Gilmour Space Technologies

Gilmour Space Technologies is a space rocket development business that focuses on developing low-cost hybrid launch vehicles.

Details of the startup:

  • Country: Australia
  • City: Pimpama
  • Started in: 2012
  • Founders: Adam Gilmour
  • Number of employees: 11-50
  • Funding amount: A$27,000,000
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

50) ALE

50) ALE

ALE is an extraterrestrial entertainment corporation that creates artificial meteor showers and shooting stars on demand.

Details of the startup:

  • Country: Japan
  • City: Tokyo
  • Started in: 2011
  • Founders: Lena Okajima
  • Number of employees: 11-50
  • Funding amount: $2,226,094,682
  • Number of funding rounds: 5
  • Number of investors: 8

You can find their website here.

51) Aernnova Aerospace

51) Aernnova Aerospace

Aerostructures and components such as wings, empennages, and fuselage sections are designed and manufactured.

Details of the startup:

  • Country: Spain
  • City: Álava
  • Started in: 1993
  • Number of employees: 1001-5000
  • Funding amount: € 900,000,000
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

52) Dronehub

52) Dronehub

Inspection and delivery using automated industrial drones, all-terrain hubs, and AI-powered software.

Details of the startup:

  • Country: Poland
  • City: Warsaw
  • Started in: 2015
  • Founders: Vadym Melnyk, Vadym Melnyk
  • Number of employees: 11-50
  • Funding amount: PLN2,200,000
  • Number of funding rounds: 1

You can find their website here.

53) Commsat

53) Commsat

Commsat is a Chinese company that operates a low-track small satellite constellation.

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2015
  • Founders: Tao Xie, Yuanyuan Peng
  • Number of employees: 101-250
  • Funding amount: $68,420,559
  • Number of funding rounds: 6
  • Number of investors: 10

You can find their website here.

54) Spacety

54) Spacety

Spacety is a commercial microsatellite company that provides spacecraft scientific and technology validation tests.

Details of the startup:

  • Country: China
  • City: Changsha
  • Started in: 2016
  • Founders: Justin Yang, Weijia Ren
  • Number of employees: 11-50
  • Funding amount: $36,679,947
  • Number of funding rounds: 3
  • Number of investors: 9

You can find their website here.

55) Guoxing Aerospace

55) Guoxing Aerospace

Guoxing Aerospace is a commercial satellite R&D company that also provides data services.

Details of the startup:

  • Country: China
  • City: Chengdu
  • Started in: 2018
  • Number of employees: 51-100
  • Funding amount: CN¥260,000,000
  • Number of funding rounds: 3
  • Number of investors: 9

You can find their website here.

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