The brief

Analyst view

• Shipped 3 satellites in 2024; plans 10 in 2025, 100 in 2026, reversing the custom-bus bottleneck.
• The company has raised $718M+ in funding from Andreessen Horowitz, Upfront Ventures, 8VC, Toyota Ventures, Point72 Ventures, and others.
• Factory One in Los Angeles includes subassembly lines, cleanrooms, and a 66,000 lbf vibration table for high-rate production.

Technical approach

As reported

Modular design

Configurable satellite platforms

Aries: 150 kg + 175 W; Nova: 300 kg + 1 kW; Comet: 3,000 kg + 8 kW; Comet XL heads to 100 kW.

Manufacturing

High-rate production in Los Angeles

Factory One uses proprietary Octopus software for workflow; cleanrooms and 66,000 lbf shaker validate every bus.

GEO variant

Radiation-hardened for geostationary orbit

GEO Aries serves geostationary customers at $13.5M with 15-month lead time, reducing the cost and timeline for deploying small payloads 36,000 km up.