23 Aerospace Technology Startups to Watch in 2022

Familiar faces racing to reach space may capture many of the headlines, but meanwhile, an entire industry is taking flight.

Set to grow to over $430 billion in value by 2025, the global aerospace market and its startups are expanding at warp speed. Of course, many of the companies fueling today’s growth and shaping tomorrow’s society fly under the radar.

That’s why we’ve compiled this diverse list of thrilling aerospace startups. These 23 companies are taking to the sky—or helping others do so. Learn more about them by exploring the information below. And watch for them to reach new heights in 2022.

Aerospace Categories


1) ABL Space Systems

Image source: https://ablspacesystems.com/

What they do: A common thread in this list of aerospace startups: making it easier for businesses to reach great heights. Led by former SpaceX engineering leaders, ABL Space Systems is doing this with more affordable, flexible satellite launch systems. The company’s first proving flight is expected in 2022.

Location: El Segundo, CA

Funding: Series B

Website: https://ablspacesystems.com/

2) Accion Systems

Image source: https://www.cbinsights.com/company/accion-systems

What they do: Seeking to redefine space mobility and accelerate the potential of New Space, Accion Systems has developed a unique propulsion solution. Backed by partners like NASA, Boeing, and the Jet Propulsion Laboratory, Accion’s solution is designed to efficiently propel the satellites of today—and potentially power the interplanetary craft of tomorrow.

Location: Boston, MA

Funding Stage: Series C

Website: https://accion-systems.com/

3) Astranis

Image source: https://commons.wikimedia.org/wiki/File:Astranis_Logo.png

What they do: Bay Area-based Astranis is building the next generation of internet satellites. The goal? Deliver connectivity to the billions around the globe without access using smaller, low-cost satellites with a shorter build-time.

Location: San Francisco, CA

Funding: Series C

Website: https://www.astranis.com/

4) Astroscale

Image source: https://astroscale.com/

What they do: It’s getting easier and easier to send satellites to space. The problem, it turns out, is getting them down. Fresh off a $109 million round of Series F funding, Astroscale aims to solve for that, supporting the sustainable use of space with satellite end-of-life services and active removal of space debris.

Location: Tokyo, Japan

Funding: Series F

Website: https://astroscale.com/

5) Axiom Space

Image source: https://www.axiomspace.com/

What they do: For all the rockets going up and private satellites circling the globe in orbit, there’s still something missing from our private exploration of space: a commercial space station.

Axiom Space is on a mission to build that, with the first segment of their station expected to launch in 2024. In 2022, though, they’ll be making history another way, sending astronauts up in the first-ever private mission to the International Space Station.

Location: Houston, TX

Funding: Series B

Website: https://www.axiomspace.com/

6) BlackSky

Image source: https://www.blacksky.com/

What they do: Advances in satellite imagery have fundamentally altered the way we understand and navigate the globe. BlackSky seeks to give more organizations access to the power of geospatial intelligence and real-time global monitoring. With its constellation of satellites, BlackSky offers satellite imaging as a service.

Location: Philadelphia, PA

Funding: Public

Website: https://www.blacksky.com/

7) Boom Supersonic

Image source: https://boomsupersonic.com/

What they do: Aiming to take air travel to supersonic speeds, Boom Supersonic is making waves in the aviation industry.

The Boom Overture, planned for a 2029 release, seats as many as 88 passengers and is expected to fly from Tokyo to Seattle in just 4.5 hours—half the time of a typical commercial flight. Its first demonstrator flight is expected in 2022.

Location: Centennial, CO

Funding: Unknown

Website: https://boomsupersonic.com/

 

8) Breeze Airways

Image source: https://www.flybreeze.com/

What they do: Utah-based aviation upstart Breeze Airways was founded by David Neeleman, who’s no stranger to challenge the US’s major airlines. Having co-founded JetBlue in 2000, Neeleman started Breeze in 2018, aiming to address unmet demand for flights in underserved routes across the country. As of late 2021, the Series-B startup possesses a fleet of 14 aircraft, with more on the way.

Location: Cottonwood Heights, Utah

Funding: Series B

Website: https://www.flybreeze.com/

9) CesiumAstro

 

What they do: CesiumAstro creates out-of-the-box communication systems for satellites, UAVs, launch vehicles, and more platforms. The Austin-based startup’s growing list of customers includes NASA, the US Navy, Airbus, and Honeywell.

Location: Austin, TX

Funding: Series A

Website: https://www.cesiumastro.com/

10) Circulor

Image source: https://www.circulor.com/

What they do: Using blockchain and AI, Circulor’s supply chain solutions have applications in an array of industries. Graduates of the ATI Boeing Accelerator, Circulor is helping Boeing and GKN Aerospace track carbon emissions as they produce aircraft—and hope to empower more sustainable sourcing across aviation.

Location: London, UK

Funding: Series A

Website: https://www.circulor.com/

11) Dash Systems

Image source: https://www.dashshipping.com/

What they do: Operating at the intersection of aviation and logistics, Los Angeles–based DASH Systems is developing hardware and software to streamline air delivery in a unique way. By equipping commercial cargo flights with their technology, packages can be released mid-flight and landed within a helipad-size target zone.

Location: Hawthorne, CA

Funding: Seed

Website: https://www.dashshipping.com/

12) Firefly Aerospace

Image source: https://firefly.com/

What they do: To make launches into space more affordable and convenient—and eventually become the single-source supplier for missions to the Moon and beyond—Firefly is developing an array of launch and in-space vehicles. Based in Austin, Texas, Firefly is expected to make its second orbital launch attempt in 2022.

Location: Austin, TX

Funding: Series A

Website: https://firefly.com/

13) ICEYE

Image source: https://www.iceye.com/

What they do: This fast-growing Finnish aerospace startup owns the world’s largest synthetic-aperture radar (SAR) satellite constellation. Made up of microsatellites, this constellation offers businesses incredible access to imagery and monitoring virtually anywhere on Earth, anytime. ICEYE’s capabilities include millimeter-level change detection with applications in a range of industries.

Location: Espoo, Finland

Funding: Series C

Website: https://www.iceye.com/

14) Isar Aerospace

Image source: https://www.isaraerospace.com/

What they do: With a team of 180+ in more than 30 countries, this German launch services provider is not just trying to lower the barriers to entering space.

Isar Aerospace is trying to make the next generation of space access more sustainable, building rockets itself with an innovative approach to manufacturing that enables lower costs while preserving high precision.

Location: Munich, Germany

Funding: Series B

Website: https://www.isaraerospace.com/

15) LeoLabs

Image source: https://www.leolabs.space/

Categories: Imaging and Detection; Sustainability

What they do: LeoLabs is building a global network of radar arrays that can track smaller debris than we can today, and with better precision. Hailing from New Zealand they have the ability to detect and track fast-moving objects down to 2 centimeters across to protect satellites.

Location: Menlo Park, CA

Funding: Series B

Website: https://www.leolabs.space/

 

16) New Frontier Aerospace

What we do: Founded in 2020, New Frontier Aerospace builds renewably fueled, net Carbon zero hypersonic aircraft to deliver passengers and urgent cargo safely to any vertiport on Earth in two hours or less – no runway required.

Location: San Francisco, CA

Funding: Seed

Website: https://www.nfaero.com/

17) Relativity Space

Image source: https://www.relativityspace.com/

What they do: Relativity has put itself on the aerospace industry map with its proprietary Factor of the Future. The centerpiece of these manufacturing centers is Stargate, the world’s largest metal 3D printer, which it uses to create fully reusable rockets. With this revolutionary process, rockets can go from raw materials to flight in just 60 days.

Location: Los Angeles, CA

Funding: Series E

Website: https://www.relativityspace.com/

18) Savion

 

What they do: Savion is creating the first distance-based travel credit for private jet flights called the Savion “Private Jet Mile”. Each Savion mile also generates an eco-mile for future carbon-negative travel.

Savion is using its technology stack to fulfill eco-miles with its own proprietary aircraft and renewable natural gas energy supply. Eco-miles will be at least 50% cheaper than current private jet miles and are intended to compete directly with scheduled airline travel.

Location: San Francisco, CA

Funding: Seed

Website: www.flysavion.com

19) Universal Hydrogen

Image source: https://www.businesswire.com/

What they do: Air travel creates shared experiences and connects our world. Along the way, however, it possesses quite a carbon footprint. Universal Hydrogen seeks to change that. This California company is building an end-to-end solution for hydrogen-powered flight that will decarbonize aviation, steering the industry toward a more sustainable future.

Location: Hawthorne, CA

Funding: Series D

Website: https://hydrogen.aero/

20) Volocopter

Image source: https://evtol.news/volocopter-volocity/

What they do: Volocopter wants to make it easier to navigate cities—in a way that lessens any negative impacts on the planet. While designing, producing, and providing its own all-electric air taxis for urban mobility, this German innovator also offers an unmanned electric drone designed to carry heavy payloads.

Location: Bruchsal, Germany

Funding: Series D

Website: https://www.volocopter.com/

21) Volansi

Image source: https://volansi.com/

What they do: Describing itself as the leader of vertical take-off and landing (VTOL) drones, Volansi is designing unmanned aerial systems to take anything, anywhere. Serving both federal and commercial clients, Volansi’s drone delivery services can handle heavy payload and long-range projects around the world.

Location: Concord, CA

Funding: Series B

Website: https://volansi.com/

22) Voyager Space Holdings

Image source: https://voyagerspace.com/

What they do: Founded in 2019, Voyager Space Holdings has its eyes on humanity’s most ambitious projects. With planned and patented capabilities that range from converting moon dust into oxygen and steel, to launch-as-a-service offerings and in-orbit satellite servicing, Voyager Space Holdings is looking to create a vertically integrated New Space company.

Location: Denver, CO

Funding: Series A

Website: https://voyagerspace.com/

23) Zipline

Image source: https://flyzipline.com/

What they do: Zipline got its start delivering life-saving medical supplies, disaster-response equipment, and more with on-demand drone services. Founded in 2014, this California-based company claims to offer the fastest autonomous aircraft delivery service in the world—using drones that it designs and manufacturers itself.

Location: San Francisco, CA

Funding: Series E

Website: https://flyzipline.com/

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