Phantom Space manufactures and launches small satellites using mass-produced launch systems, significantly reducing launch costs by 2-3 times compared to traditional ride-share options. The company addresses the scarcity of launch supply and high capital expenditures in the growing space economy by providing dedicated launch services and affordable in-space propulsion systems.
Funding
$88.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The increasing demand for space access is constrained by a limited launch supply and high capital expenditures, making it difficult for many organizations to deploy and manage their own satellite constellations. Traditional ride-share options can be expensive and inflexible, hindering timely access to specific orbits.
Solution
Phantom Space provides dedicated launch services and satellite manufacturing to make space access more affordable and reliable. The company's Daytona launch vehicles offer a cost-effective solution for deploying assets into orbit on dedicated flights. Phantom Space also designs and manufactures small satellites, from CubeSats to ESPA-class spacecraft, enabling customers to build and launch their own constellations. By vertically integrating satellite manufacturing and launch services, Phantom Space aims to reduce costs and increase the accessibility of space-based data services.
Target Audience
Phantom Space serves organizations seeking affordable and reliable launch services and satellite manufacturing, including commercial companies, research institutions, and government agencies.
Features
- Daytona launch vehicles for dedicated flights to specific orbits
- Satellite design and manufacturing capabilities for CubeSats and ESPA-class spacecraft
- U.S.-based supply chain adhering to DoD and NASA guidelines
- Vertical market integration of launch and satellite solutions
- Launch Complex 13 allocation at Cape Canaveral Space Force Station