HyperSat Valuation, Funding & Investors

HyperSat is valued at $3B as of September 2018.

Last HyperSat valuation

$3B

Undisclosed stage · Sep 2018

Last HyperSat funding round

Strategic investment

Amount undisclosed · Dec 2021

Cumulative funding HyperSat raised

$85M

across 2 funding rounds

Key investors in HyperSat

  • Virgin Orbit
  • Incentrum Group

HyperSat Overview

About HyperSat

HyperSat LLC is a commercial satellite imagery provider holding a NOAA license for high-resolution hyperspectral data. It delivers analysis for environmental monitoring, agriculture, oil and gas exploration, insurance, mining, law enforcement, disaster recovery, defense, and intelligence applications. The company plans orbital deployments to supply global decision-makers with unique spectral insights distinguishing materials at fine scales.


Founded

2014

HQ

United StatesNew York City, NY

Status

Privately held

Customer focus

B2B & B2G

Revenue model

Subscription

Valuation

$3B (Sep 2018)

HyperSat Valuation

HyperSat is currently valued at $3B, based on its undisclosed-stage round in September 2018.

The $85M round was led by Incentrum Group.

HyperSat valuation by funding round

HyperSat valuation by funding round
DateStageValuation
Sep 2018Undisclosed stage$3B

HyperSat Funding History

HyperSat has raised a total of $85M across 2 funding rounds.

HyperSat's first fundraising round was a $85M undisclosed-stage round in September 2018. The most recent completed round was a strategic investment round in December 2021.

HyperSat funding rounds

HyperSat funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Dec 2021Strategic investmentVirgin Orbit--Virgin Orbit agreed in December 2021 to take a 17.5% stake in Hypersat, a satellite imagery and geospatial analytics company. Hypersat builds hyperspectral imaging satellites that Virgin Orbit was to launch on its LauncherOne rocket. The investment was one of several stakes announced in the same weeks, including SatRevolution and Horizon Technologies, as Virgin Orbit widened its business beyond launch services toward satellite and data solutions. Virgin Orbit, founded in 2017 as a spin-off of Virgin Galactic and backed by Virgin Group and Mubadala, was completing its listing on Nasdaq at the time. The stake gave the launch provider an interest in one of its own customers.
Sep 2018Undisclosed stageIncentrum Group (lead)$85M$3BHyperSat LLC announced an $85 million equity investment from Incentrum Group in September 2018, valuing the company at $3 billion. The funding was designed to support the development and launch of the world's first commercial constellation of high-resolution hyperspectral imaging satellites. HyperSat had obtained a NOAA license and planned to provide hyperspectral satellite imagery and analysis to customers in environmental monitoring, agriculture, oil and gas, insurance, mining, law enforcement, disaster recovery, and defense and intelligence sectors. The company aimed to deliver high-quality, high-resolution, affordable hyperspectral imagery to government, agriculture, forestry, energy, and mining sectors, with initial satellite launches planned for 2020. The investment was led by Incentrum Group and included notable figures on the board such as Admiral Stavridis (NATO's former Supreme Allied Commander), Letitia Long (former Director of the National Geospatial-Intelligence Agency), and Geoffrey Fink, a founding partner of Incentrum.

Who has invested in HyperSat?

2 investors have backed HyperSat across its funding rounds, including Virgin Orbit and Incentrum Group.

Lead investors include Incentrum Group.


HyperSat Investors

Investors in HyperSat by funding rounds participated
InvestorHQRoundsRoleFirst check

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HyperSat Competitors

HyperSat competitors include listed companies like SKY Perfect JSAT Corp and Geovis, and private ones like Gimlet Labs, Parloa, Pathos and Mianbi Smart.

Public and private companies comparable to HyperSat
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Gimlet LabsUnited StatesSan Francisco, CAPrivate--$3B-
ParloaGermanyBerlinPrivate$50M-$3B60.0x
PathosUnited StatesChicago, ILPrivate$13M-$3B-
Mianbi SmartChinaBeijingPrivate--$2.9B-
SKY Perfect JSAT CorpJapanJapanPublicly listed$809M$309M$3.3B3.6x
GeovisChinaChinaPublicly listed$402M$45M$3.3B7.8x

HyperSat Public Comps

HyperSat is still privately-owned, but its public comps include SKY Perfect JSAT Corp, Geovis, Space42, Ncino, Eutelsat, SES, Hunan Aerospace Huanyu, Affle 3i, C3.ai and Intuitive Machines.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
SKY Perfect JSAT Corp$809M$309M3.7x3.6x9.7x8.7x
Geovis$402M$45M9.0x7.8x80.8x-
Space42$577M$88M3.2x2.9x21.0x7.0x
Ncino$595M$65M4.5x4.2x41.1x16.1x
Eutelsat$1.4B$465M2.9x2.8x8.6x5.5x
SES$2.9B$1.1B3.4x2.7x8.7x6.1x
Hunan Aerospace Huanyu$69M$14M30.8x-155.0x-
Affle 3i$285M$67M6.3x5.6x26.7x24.7x

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Common questions about HyperSat

When was HyperSat founded?HyperSat was founded in 2014.
Where is HyperSat headquartered?HyperSat is headquartered in New York City, NY, United States.
Is HyperSat publicly listed?No, HyperSat is a private, VC-backed company.
What is HyperSat's valuation?HyperSat was last valued at $3B in its undisclosed-stage round in September 2018.
How much funding has HyperSat raised?HyperSat has raised $85M across 2 funding rounds.
What was HyperSat's last funding round?HyperSat's last funding round was a strategic investment round in December 2021.
Who are HyperSat's investors?HyperSat's investors include Incentrum Group and Virgin Orbit.
Which companies are comparable to HyperSat?Companies comparable to HyperSat include Gimlet Labs, Parloa, Pathos, Mianbi Smart, SKY Perfect JSAT Corp and Geovis.

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