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.

Aalyria Overview

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

United StatesUnited States

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

Aalyria valuation by funding round
DateStageValuation
Feb 2026Series B$1.3B

Aalyria Funding History

Aalyria has raised a total of $100M across 1 funding round.

Aalyria funding rounds

Aalyria funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Feb 2026Series BBattery Ventures (lead); J2 Ventures (lead); DYNE Ventures.$100M$1.3BAalyria 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

Investors in Aalyria by funding rounds participated
InvestorHQRoundsRoleFirst check
Battery VenturesUnited StatesBoston, MA1LeadFeb 2026

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Aalyria Competitors

Aalyria competitors include listed companies like Orbita Aerospace, Synspective, Chengdu CORPRO Technology and Hwa Create, and private ones like Muon Space and Astranis.

Public and private companies comparable to Aalyria
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Orbita AerospaceChinaChinaPublicly listed$41M($21M)$1.2B-
SynspectiveJapanJapanPublicly listed$15M$6M$1.2B34.7x
Chengdu CORPRO TechnologyChinaChinaPublicly listed$142M$22M$1.2B9.0x
Muon SpaceUnited StatesSan Francisco, CAPrivate--$1.5B-
Hwa CreateChinaChinaPublicly listed$117M$5M$1.1B11.9x
AstranisUnited StatesSan Francisco, CAPrivate$100M-$1.6B16.0x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Richinfo Technology$273M$51M4.3x4.6x22.8x18.3x
Orbita Aerospace$41M($21M)30.0x-(57.8x)-
Synspective$15M$6M77.6x34.7x194.9x115.4x
DPtech$182M$25M5.3x4.9x39.0x-
Chengdu CORPRO Technology$142M$22M8.7x9.0x57.1x22.8x
Hwa Create$117M$5M9.5x11.9x203.3x-
Sify Technologies$468M$107M3.2x2.0x13.8x8.2x
BlackSky$107M($28M)8.6x7.0x(32.8x)68.0x

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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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