Suborbital
Suborbital is a technology company.
Financial History
Suborbital has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has Suborbital raised?
Suborbital has raised $2.0M in total across 1 funding round.
Suborbital is a technology company.
Suborbital has raised $2.0M across 1 funding round.
Suborbital has raised $2.0M in total across 1 funding round.
Suborbital refers to a category of aerospace technologies and vehicles designed for flights reaching space altitudes (typically above 100 km) without achieving full orbital velocity, enabling applications like research, testing, and microgravity experiments. No single prominent technology company named "Suborbital" dominates the results; instead, multiple firms operate in this space, including Rocket Lab's HASTE (Hypersonic Accelerator Suborbital Test Electron) variant for suborbital missions, Solaris Suborbital's solar-powered gliders for environmental monitoring, and historical players like Armadillo Aerospace and Masten Space Systems focused on vertical takeoff/landing (VTVL) suborbital vehicles.[1][2][3] These companies serve researchers, governments, and commercial clients by providing cost-effective access to near-space conditions, solving challenges in rapid prototyping, data collection, and high-altitude testing amid growing demand for frequent, affordable suborbital flights.[4][6]
Rocket Lab, a leading example, builds the Electron rocket with a suborbital HASTE variant alongside satellite components, targeting small satellite launches and hypersonic tests; it has secured over $650 million in contracts and serves defense, science, and commercial sectors with quick-turnaround missions.[1] Solaris Suborbital develops adaptive solar gliders for AI-driven climate observation, detecting fires and gases via high-definition video, while serving aerospace, meteorology, and conservation needs.[2] This ecosystem addresses high costs and long lead times of traditional launches, with shared-ride models reducing expenses for microgravity and atmospheric research.[4]
The suborbital sector traces roots to early 2000s innovators challenging government monopolies on space access. Rocket Lab began in New Zealand in 2006, achieving the Southern Hemisphere's first private space launch (Ātea-1) in 2009 before shifting headquarters to California in 2013; it went public via SPAC in 2021 at a $4.8B valuation with 105 satellites launched.[1] Solaris Suborbital emerged under CEO Daniel Doulton, an entrepreneur with experience scaling tech firms to $100M+ in AI, telecom, and aerospace; it focuses on third-generation solar gliders informed by data for commercial and environmental uses.[2]
Pioneers like Armadillo Aerospace (founded 2000 by John Carmack of id Software) and Masten Space Systems emphasized VTVL reusability using off-the-shelf tech for low-cost unmanned flights, with Armadillo's first tests in 2002 and operational plans by 2012; Masten targeted rapid prototyping from Mojave Air and Space Port.[3] Sweden's SSC launched SubOrbital Express for shared microgravity rides, while Japan's Interstellar Technologies (2013) reached suborbital space with MOMO in 2019 before advancing to orbital ZERO.[4][5] Pivotal moments include Rocket Lab's acquisitions (e.g., Sinclair Interplanetary in 2020) and NASA's integration of commercial suborbital providers via ROSES solicitations.[1][6]
Suborbital companies stand out through reusability, affordability, and specialized payloads:
These edges enable frequent testing unavailable on ground or orbital platforms.[6]
Suborbital platforms ride the wave of commercial space democratization, fueled by falling launch costs and demand for microgravity, hypersonic, and environmental data amid climate challenges. Timing aligns with SpaceX's orbital dominance, creating niches for quick suborbital access—Rocket Lab ranks second in private launches—while market forces like NASA's STMD Flight Opportunities and ROSES solicitations integrate firms for Earth science, geophysics, and tech validation.[1][6][7] They influence the ecosystem by lowering barriers for startups and researchers, enabling TRL advancement, instrument calibration, and phenomena like aurora or forest fires that demand high-altitude, short-duration flights.[2][4][6]
This sector supports orbital transitions (e.g., Interstellar's MOMO to ZERO) and hypersonic defense needs, countering satellite debris via innovative storage and comms.[1][2][5]
Suborbital leaders like Rocket Lab will scale HASTE for more hypersonic contracts, while Solaris expands AI-solar gliders for climate prediction amid rising ESG pressures. Trends like reusable VTVL, biomethane propulsion, and NASA-commercial synergies will drive growth, potentially evolving into hybrid orbital feeders as microgravity demand surges for manufacturing and bio research.[1][2][5][6] Their influence may amplify through alliances (e.g., Interstellar-Toyota), positioning suborbital as the agile backbone of a multi-trillion space economy—echoing the high-level promise of affordable near-space access that sparked this overview.
Suborbital has raised $2.0M in total across 1 funding round.
Suborbital's investors include Active Capital, Alt Capital, Backstage Capital, Bedrock Capital, Bessemer Venture Partners, CapitalX, Color Capital, Craft Ventures, Cyphr VC, Lightspeed Venture Partners, LOI Venture, Long Journey Ventures.
Suborbital has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in November 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2021 | $2.0M Seed | Active Capital, Alt Capital, Backstage Capital, Bedrock Capital, Bessemer Venture Partners, CapitalX, Color Capital, Craft Ventures, Cyphr VC, Lightspeed Venture Partners, LOI Venture, Long Journey Ventures, Paradox Capital, Prototype Capital, Redpoint Ventures, Rising Tide Partners, SaaSholic Fund, Shaan's All Access Fund, The Club, The Hit Forge, Two Sigma Ventures, Uncork Capital, Vibe Capital, Weekend Fund, Abhinav Asthana, Alex Lieberman, Anthony Pompliano, Ben Tossell, Chris Herd, Dharmesh Shah, Greg Isenberg, Immad Akhund, Jaime Schmidt, Julian Shapiro, Justin Welsh, Kyle York, Moshe Lifschitz, Musaab Hakami, Paul Yacoubian, Sahil Lavingia, Sam Parr, Zack Kanter |