Customer Profile
Spaceflight
Spaceflight, Inc.
Spaceflight Inc. is a mission management provider specializing in rideshare and mission integration services for small satellites . The company facilitates deployment from various launch vehicles for commercial and government customers .
Spaceflight Inc. serves as a customer for Rocket Lab launch services . The company has executed numerous small satellite missions, including the deployment of CubeSats and pico-sats .
Investment Thesis
Spaceflight Inc. is a mission management provider specializing in rideshare and mission integration services for small satellites . The company facilitates deployment from various launch vehicles for commercial and government customers .
Spaceflight Inc. serves as a customer for Rocket Lab launch services . The company has executed numerous small satellite missions, including the deployment of CubeSats and pico-sats .
Key Differentiators
- • Mission Integration: Provides integrated launch and mission management services .
- • Rideshare Specialization: Specializes in consolidating multiple payloads onto single launch vehicles .
- • Multi-Vehicle Capability: Integrates with various providers including SpaceX Falcon 9 and Rocket Lab Electron .
Risk Factors
- • Financial Loss: Reported a net loss of $13.9M in 2023 .
- • Operational Restructuring: Sold customer contracts and deployed payload business to Spaceflight Solutions in late 2023 or early 2024 .
- • Liquidity Concerns: Classified as a struggling company with an uncertain future beyond potential asset sales .
Rocket Lab Relationship
Spaceflight Inc. is a customer of Rocket Lab launch services . The company utilizes Electron for its missions . This relationship provides a direct revenue stream for Rocket Lab launch services .
Business Model
The company provides mission management, launch integration, and orbital services . It operates through a rideshare model for small satellites .
Technology
The company provides mission management and launch integration services rather than manufacturing specific rocket models .
Space Activity
Spaceflight Inc. executes missions to deploy CubeSats and pico-sats for commercial and government customers .
Leadership
Mr. Tim Hughes, CEO. Previously served as CEO of various technology and aerospace-adjacent firms.
Funding
Spaceflight Inc. reported over $200M in total funding . It completed a $25M Series D funding round in August 2021 . Notable investors include OVM Capital, Launch New Tech, The State of Washington, Jeff Bezos, and Bryce Space and Technology .
No Missions Found
Spaceflight has not launched with Rocket Lab yet