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Top 17 Startups in the Space Travel 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 Space Travel startup, you must check these 17 fast-growing companies.


17 Space Travel Startups

1) SpaceX

1) 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.

2) Astra

2) 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.

3) Axiom Space

3) 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.

4) Firefly Aerospace

4) 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.

5) Isar Aerospace

5) 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.

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6) Phase Four

6) 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.

7) Infinite Composites

7) 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.

8) Astroscale

8) 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.

9) GITAI

9) GITAI

GITAI is a robotics company that creates remote-controlled robots to take the place of astronauts in commercial space stations.

Details of the startup:

  • Country: Japan
  • City: Tokyo
  • Started in: 2016
  • Founders: Sho Nakanose
  • Number of employees: 1-10
  • Funding amount: ¥2,395,000,000
  • Number of funding rounds: 4
  • Number of investors: 12

You can find their website here.

10) Ispace Technologies

10) Ispace Technologies

Ispace Technologies is a cis-lunar space resource exploration firm that finds, collects, and delivers lunar ice to customers.

Details of the startup:

  • Country: Japan
  • City: Tokyo
  • Started in: 2010
  • Founders: Takeshi Hakamada
  • Number of employees: 101-250
  • Funding amount: $128,814,148
  • Number of funding rounds: 7
  • Number of investors: 19

You can find their website here.

11) Gilmour Space Technologies

11) 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.

12) ALE

12) 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.

13) iSpace China

13) iSpace China

iSpace is a company that creates and builds commercial space shuttles.

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2016
  • Founders: Dongyi Zhang, Guosong Wu
  • Number of employees: 11-50
  • Funding amount: $276,524,285
  • Number of funding rounds: 4
  • Number of investors: 29

You can find their website here.

14) Mancando

14) Mancando

Mancando is an automotive parts provider that provides auto repair shops with car worn components.

Details of the startup:

  • Country: China
  • City: Guangzhou
  • Started in: 2015
  • Number of employees: 101-250
  • Funding amount: $114,302,119
  • Number of funding rounds: 4
  • Number of investors: 6

You can find their website here.

15) Wayz.ai

15) Wayz.ai

Wayz.ai is a Chinese firm that provides smart location and mapping services.

Details of the startup:

  • Country: China
  • City: Wuhan
  • Started in: 2017
  • Founders: Tao Chuang, Vincent Tao
  • Number of employees: 251-500
  • Funding amount: $80,000,000
  • Number of funding rounds: 1

You can find their website here.

16) Yihang.ai

16) Yihang.ai

Yihang.ai is a company that creates self-driving cars.

Details of the startup:

  • Country: China
  • City: Changchun
  • Started in: 2015
  • Founders: Yuxing Chen
  • Number of employees: 1-10
  • Funding amount: $47,152,006
  • Number of funding rounds: 4
  • Number of investors: 8

You can find their website here.

17) Spacety

17) 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.

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