The best launch space startups

41 launch companies in the directory, ranked by disclosed funding ($7.1B raised between them), spanning 10 countries.

Companies that build rockets and the places they fly from: small launchers, reusable boosters, balloon and sea-launch systems, and commercial spaceports.

41Tracked
22Active
6Graduated
1Acquired
6Shut down
6Dormant

Updated 27 September 2026 · 22 milestones in the last 90 days · Follow by RSS

State of the sector

As of 27 September 2026

Launch has more companies in the directory than any other sector, and more of them have died. Vector Launch, Leo Aerospace and Orbex are among the shutdowns. The survivors include the companies that turned rockets into a business: SpaceX, Rocket Lab and Firefly Aerospace, all now public.

Isar Aerospace reached orbit on Spectrum's second flight in September 2026. It was the first orbital launch from Western European soil. Nine days earlier, ESA had awarded Isar, PLD Space and Rocket Factory Augsburg European Launcher Challenge contracts running to 2030. In China, LandSpace landed a Zhuque-3 first stage in August 2026, the third company ever to recover an orbital-class booster, and Galactic Energy put Pallas-1 into orbit on its first flight.

Not every debut went well. Space Pioneer's Tianlong-3 failed 33 seconds into its first flight in April 2026, and Space One lost its third Kairos two minutes after liftoff in March. Several first flights are close. Stoke Space now plans Nova's debut for early 2027, Relativity Space is integrating engines on Terran R's first stage, and Orienspace aims to fly the reusable Gravity-2 in the fourth quarter of 2026.

Latest milestones

Every dated event from the companies below, newest first, each with its source.

Stoke Space: Raises a $1B first close of a Series E led by Point72 Ventures and Spark Capital, taking total funding to $2.3B, with Nova's debut now early 2027Funding 8 September 2026 · source
Isar Aerospace: Spectrum reaches orbit on its second flight, the first orbital launch from Western European soil, and releases five cubesats and a DLR experimentAchievement 5 September 2026 · source
HyImpulse: Extends its Series A by more than €50M, co-led by JOIN Capital and Ace Capital Partners, taking total funding to about €125MFunding 2 September 2026 · source
Blue Origin: NASA awards a firm-fixed-price contract worth up to $700M to build, launch and operate the Mars Telecommunications Network orbiter, due by the end of 2028Contract 1 September 2026 · source
Galactic Energy: Pallas-1 reaches orbit on its debut from Jiuquan, with first-stage recovery planned for later flightsAchievement 1 September 2026 · source
Isar Aerospace: Signs a launch contract with Astroscale Japan to fly the ADRAS-J2 debris-removal mission on Spectrum from Andøya in 2027 or 2028Contract 1 September 2026 · source
PLD Space: Adds €108M to its Series C, led again by Mitsubishi Electric, taking the round to €288M for Miura 5 production and launch infrastructureFunding 1 September 2026 · source
Agnikul Cosmos: India's Technology Development Board agrees to provide ₹200 crore, in convertible debentures, toward a reusable AgnibaanFunding September 2026 · source
Isar Aerospace: ESA awards a €197.8M European Launcher Challenge contract for Spectrum flights through 2030 and vehicle upgradesContract 27 August 2026 · source
PLD Space: ESA awards a €158.9M European Launcher Challenge contract for Miura 5 flights through 2030 and vehicle upgradesContract 27 August 2026 · source
Show 40 earlier milestones
Rocket Factory Augsburg: ESA awards a €186.9M European Launcher Challenge contract for RFA ONE flights through 2030 and vehicle upgradesContract 27 August 2026 · source
SpaceX: Announces Starbase Louisiana, a $100B Gulf Coast Starship site with five launch complexes, building from 2027 for first launches in 2029Company 26 August 2026 · source
Orbex: Highlands and Islands Enterprise buys the Sutherland Spaceport assets from the liquidators, six months after Orbex entered administrationCompany 25 August 2026 · source
Orienspace: Closes a pre-C round of several hundred million yuan and begins IPO preparation, with the reusable Gravity-2 aimed at a fourth-quarter debutFunding 6 August 2026 · source
i-Space: First tranche of a Series E raises nearly ¥1 billion for Hyperbola-3Funding 5 August 2026 · source
LandSpace: Zhuque-3 lands its first stage 390 km downrange, China's first orbital-class booster recovery on land and the third company ever to do it; video then showed a fire breaking out in its aft sectionAchievement August 2026 · source
Relativity Space: Engine integration milestone reached for Terran R first stageAchievement August 2026 · source
Rocket Factory Augsburg: Tank problem forces a destack, cancelling the launch windowAnomaly 28 July 2026 · source
Skyroot Aerospace: Vikram-1 reaches orbit on its first flight, the first orbital launch by a private Indian companyAchievement 18 July 2026 · source
Maritime Launch Services: Isar Aerospace signs a ten-year deal for a Spectrum complexContract 7 July 2026 · source
Orbex: Administrators report £689,000 cash against a £117 million deficitCompany 7 July 2026 · source
Orienspace: Third Gravity-1 flight carries nine satellites from the East China Sea, a Chinese commercial payload recordAchievement July 2026 · source
Rocket Lab: Agrees to buy the satellite operator Iridium at $54 a share, valuing it at about $8BCompany 29 June 2026 · source
Maritime Launch Services: Barracuda flight ends in an anomaly late in the boost phaseAnomaly 10 June 2026 · source
SpaceX: Lists on Nasdaq as SPCX in the largest IPO in historyCompany June 2026 · source
Stoke Space: Completes Nova first-stage structural verification ahead of the rocket’s debutAchievement June 2026 · source
Skyroot Aerospace: Raises $60M at a $1.1B valuation, becoming India's first space tech unicornFunding 7 May 2026 · source
Agnikul Cosmos: Test-fires four Agnilet engines together as a cluster, a step toward the orbital AgnibaanAchievement May 2026 · source
Zero 2 Infinity: Enters voluntary insolvency proceedings at a Barcelona commercial courtCompany May 2026 · source
World View Enterprises: Ondas completes the acquisition of World ViewCompany 1 April 2026 · source
Space Pioneer: Tianlong-3 fails about 33 seconds into its maiden flightAnomaly April 2026 · source
World View Enterprises: Ondas agrees to acquire World View in an all-stock dealCompany 23 March 2026 · source
Maritime Launch Services: Canada leases a defence pad for $200 million over ten yearsContract 16 March 2026 · source
Space One: Kairos flight 3 terminated about two minutes after liftoff, five payloads lostAnomaly 5 March 2026 · source
World View Enterprises: Ondas invests $10 million and signs an ISR partnershipFunding 2 March 2026 · source
Rocket Factory Augsburg: First RFA ONE stages shipped to SaxaVord SpaceportProduct March 2026 · source
i-Space: Closes a ¥5 billion Series D++, the largest Chinese launch roundFunding 13 February 2026 · source
Orbex: Enters administration after a failed Series D and sale talksCompany 11 February 2026 · source
Space Epoch: Raises an undisclosed Series B toward a first orbital launch and recovery attemptFunding February 2026 · source
SpaceX: Acquires xAI in an all-stock merger valuing the combined company at $1.25 trillionCompany February 2026 · source
Astra: Ships 110 satellite engine systems in twelve monthsProduct 20 January 2026 · source
Galactic Energy: Ceres-2 is destroyed on its debut; Ceres-1 returns to flight at sea the same week, its ledger at 23 flights and 89 satellitesAnomaly January 2026 · source
Space Epoch: Breaks ground on a Hangzhou plant sized for 25 rockets a year, built around sea-recovered reuseCompany January 2026 · source
LandSpace: Zhuque-3 reaches orbit on its debut; the first stage is lost during its landing attemptAchievement December 2025 · source
LandSpace: Shanghai Stock Exchange accepts its STAR Market IPO applicationFunding December 2025 · source
Rocket Lab: Completes a record 21 Electron launches in 2025; Neutron’s debut moves to 2026Achievement December 2025 · source
Agnikul Cosmos: Raises ₹150 crore (about $17M) at a $500M valuationFunding 22 November 2025 · source
Maritime Launch Services: Second suborbital demonstration flies a T-Minus BarracudaAchievement 20 November 2025 · source
Relativity Space: SES expands multi-launch agreement for Terran RContract 12 November 2025 · source
Maritime Launch Services: MDA Space invests $10 million and becomes an equity ownerFunding 3 November 2025 · source

All 41 launch companies

Ranked by disclosed funding.

SpaceX Graduated

Reusable rockets and spacecraft

Launch · United States · est. 2002 · Series C+
Stoke Space

The fully reusable Nova rocket

Launch · United States · est. 2019 · Series C+
Blue Origin Graduated

Orbital rockets and spacecraft

Launch · United States · est. 2000
Gilmour Space

Low-cost hybrid rockets

Launch · Australia · est. 2012 · Series C+
Rocket Lab Graduated

Smallsat launch services

Launch · United States · est. 2006 · Series C+
Skyroot Aerospace

India's first private rocket to orbit

Launch · India · est. 2018 · Series B
Vector Launch Shut down

Affordable space access

Launch · United States · est. 2016 · Series B
Astra Graduated

Low-cost orbital launches

Launch · United States · est. 2016 · Series B
Agnikul Cosmos

Rockets on single-piece 3D-printed engines

Launch · India · est. 2017 · Series B
Latitude

Zephyr, the dedicated small launcher

Launch · France · est. 2019 · Series B
Firefly Aerospace Graduated

Small-satellite launchers

Launch · United States · est. 2014 · Series A
Maritime Launch Services Graduated

Commercial spaceport

Launch · Canada · est. 2016 · Series B
Zero 2 Infinity Shut down

Balloon-borne launchers

Launch · Spain · est. 2009 · Seed
EXOS Aerospace

Reusable suborbital space vehicles

Launch · United States · est. 2014
Bagaveev Shut down

3D printed rocket engines

Launch · United States · est. 2013 · Seed
Australia Space Launch Dormant

Helping launch down under

Launch · Australia · est. 2017
Black Arrow Dormant

Horizon sea launch service

Launch · United Kingdom · est. 2017 · Seed
Deep Blue Aerospace

Landing rockets before reaching orbit

Launch · China · est. 2016 · Series B
Eclipse Orbital Dormant

Affordable cube-sat launch service

Launch · United States · est. 2017
Exodus Space Corp Dormant

Reusable horizontal space vehicles

Launch · United States · est. 2018
Galactic Energy

China's most-flown private rocket

Launch · China · est. 2018 · Series C+
HyImpulse

Paraffin-fuelled hybrid rockets

Launch · Germany · est. 2018 · Series A
i-Space

Developing a commercial space shuttle

Launch · China · est. 2016 · Series C+
Interstellar Technologies

ZERO, the biomethane launcher

Launch · Japan · est. 2013 · Series C+
Isar Aerospace

Spectrum, Europe’s private orbital rocket

Launch · Germany · est. 2018 · Series C+
LandSpace

Methane rockets that land

Launch · China · est. 2015 · Series C+
Leo Aerospace Shut down

High altitude smallsat launcher

Launch · United States · est. 2017 · Seed
OneSpace Dormant

Launch services for satellites and spacecraft

Launch · China · est. 2015 · Series B
Orbex Shut down

Private launch services

Launch · United Kingdom · est. 2015 · Series C+
Orienspace

Big solid rockets launched from ships

Launch · China · est. 2020 · Series C+
PLD Space

Commercial launch services

Launch · Spain · est. 2011 · Series C+
Relativity Space

3D printed rockets

Launch · United States · est. 2016 · Series C+
Rocket Factory Augsburg

Small rockets, automotive-style production

Launch · Germany · est. 2018
ShipInSpace Shut down

Provide access to space

Launch · United Kingdom · est. 2012
Skyrora

Building launch vehicles

Launch · United Kingdom · est. 2017 · Seed
Space Epoch

Stainless steel rockets caught by the sea

Launch · China · est. 2019 · Series B
Space One

Japan’s solid-fuel rocket venture

Launch · Japan · est. 2018
Space Pioneer

First private Chinese liquid rocket to orbit

Launch · China · est. 2019 · Series C+
STAR

Smallsat launch services

Launch · India · est. 2015
Stofiel Aerospace Dormant

Smallsat balloon launch service

Launch · United States · est. 2015
World View Enterprises Acquired

Stratospheric observation and launch services

Launch · United States · est. 2013 · Series C+

How many launch space startups are there in 2026?

Space Bandits tracks 41 launch companies, 22 of them active, with $7.1B in disclosed funding between them.

What is the latest news from launch startups?

The most recent milestone on record is from Stoke Space, dated 8 September 2026: "Raises a $1B first close of a Series E led by Point72 Ventures and Spark Capital, taking total funding to $2.3B, with Nova's debut now early 2027."

How many launch startups have shut down?

6 of the 41 have shut down, and 6 more are dormant, with no public activity for years. The graveyard records how each one ended.

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