- Companies
- Aalyria
Aalyria Valuation, Funding & Investors
Aalyria is valued at $1.3B as of February 2026.
Last Aalyria valuation
$1.3B
Series B · Feb 2026
Last Aalyria funding round
$100M
Series B · Feb 2026
Cumulative funding Aalyria raised
$100M
across 1 funding round
Key investors in Aalyria
Battery Ventures
J2 Ventures
DYNE Ventures.
About Aalyria
Aalyria is a Chicago-based company developing network orchestration software and laser communication technologies for space and terrestrial networks, including its Spacetime platform and Tightbeam system.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1.3B (Feb 2026)
Aalyria Valuation
Aalyria is currently valued at $1.3B, based on its Series B in February 2026.
The $100M round was led by Battery Ventures and J2 Ventures, with participation from DYNE Ventures..
Aalyria valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2026 | Series B | $1.3B |
Aalyria Funding History
Aalyria has raised a total of $100M across 1 funding round.
Aalyria funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2026 | Series B | Battery Ventures (lead); J2 Ventures (lead); DYNE Ventures. | $100M | $1.3B | Aalyria is an advanced aerospace communications company spun out from Alphabet in 2022, focused on building infrastructure for next-generation space-based communications systems. The company develops two core technology platforms: Spacetime, an AI-driven network orchestration platform that dynamically manages satellite constellations and multi-domain networks in real time, and Tightbeam, an optical communications terminal technology. Spacetime enables adaptive routing, spectrum-aware resource management, and advanced link prediction across complex orbital and terrestrial environments. In its Series B round closed on February 23, 2026, Aalyria raised $100 million at a $1.3 billion post-money valuation, led by Battery Ventures and J2 Ventures, with participation from DYNE and other investors. Michael Brown from Battery Ventures joined Aalyria's board as part of the investment. The capital will accelerate development and scaling of both the Spacetime orchestration platform and Tightbeam optical communications technology. Aalyria has demonstrated significant commercial and government traction, with deployed technology supporting commercial Low-Earth Orbit satellite constellations and U.S. Government and allied defense missions. In 2023, the company signed a long-term agreement with Telesat to deploy Spacetime across Telesat's Lightspeed LEO constellation, and it collaborates with major partners including Google, NASA, Airbus, and the European Space Agency. The company also received evaluation consideration from the U.S. Air Force Research Laboratory for its Space Data Network Experimentation program and announced a strategic partnership with terminal developer All.Space for defense communications demonstrations. |
Who has invested in Aalyria?
3 investors have backed Aalyria across its funding rounds, including Battery Ventures, J2 Ventures and DYNE Ventures..
Lead investors include Battery Ventures and J2 Ventures.
Aalyria Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Feb 2026 | ||
This data is available for Pro users. Sign up to see all 3 Aalyria investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAalyria Competitors
Aalyria competitors include listed companies like Orbita Aerospace, Synspective, Chengdu CORPRO Technology and Hwa Create, and private ones like Muon Space and Astranis.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $41M | ($21M) | $1.2B | - | ||
| Publicly listed | $15M | $6M | $1.2B | 34.7x | ||
| Publicly listed | $142M | $22M | $1.2B | 9.0x | ||
| Private | - | - | $1.5B | - | ||
| Publicly listed | $117M | $5M | $1.1B | 11.9x | ||
| Private | $100M | - | $1.6B | 16.0x |
Aalyria Public Comps
Aalyria is still privately-owned, but its public comps include Richinfo Technology, Orbita Aerospace, Synspective, DPtech, Chengdu CORPRO Technology, Hwa Create, Sify Technologies, BlackSky, Progress Software and Satellogic.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $273M | $51M | 4.3x | 4.6x | 22.8x | 18.3x | |||
| $41M | ($21M) | 30.0x | - | (57.8x) | - | |||
| $15M | $6M | 77.6x | 34.7x | 194.9x | 115.4x | |||
| $182M | $25M | 5.3x | 4.9x | 39.0x | - | |||
| $142M | $22M | 8.7x | 9.0x | 57.1x | 22.8x | |||
| $117M | $5M | 9.5x | 11.9x | 203.3x | - | |||
| $468M | $107M | 3.2x | 2.0x | 13.8x | 8.2x | |||
| $107M | ($28M) | 8.6x | 7.0x | (32.8x) | 68.0x | |||
This data is available for Pro users. Sign up to see all Aalyria competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Aalyria
| When was Aalyria founded? | Aalyria was founded in 2021. |
| Where is Aalyria headquartered? | Aalyria is headquartered in United States. |
| Is Aalyria publicly listed? | No, Aalyria is a private, VC-backed company. |
| What is Aalyria's valuation? | Aalyria was last valued at $1.3B in its Series B in February 2026. |
| How much funding has Aalyria raised? | Aalyria has raised $100M across 1 funding round. |
| What was Aalyria's last funding round? | Aalyria's last funding round was a $100M Series B in February 2026, led by Battery Ventures and J2 Ventures. |
| Who are Aalyria's investors? | Aalyria's investors include Battery Ventures, J2 Ventures and DYNE Ventures.. |
| Which companies are comparable to Aalyria? | Companies comparable to Aalyria include Orbita Aerospace, Synspective, Chengdu CORPRO Technology, Muon Space, Hwa Create and Astranis. |
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