Loft Orbital Revenue, Valuation, Funding & Investors

Loft Orbital is valued at $1B as of January 2025.

Last Loft Orbital valuation

$1B

Series C · Jan 2025

Last Loft Orbital funding round

$170M

Series C · Jan 2025

Loft Orbital revenue

$6M

Series B · Nov 2021

Key investors in Loft Orbital

  • Uncork Capital
  • Foundation Capital
  • Alumni Ventures
  • Bpifrance
  • Temasek
  • BlackRock

Loft Orbital Overview

About Loft Orbital

Loft Orbital is a San Francisco-headquartered satellite operator offering end-to-end payload hosting on microsatellites launched via SpaceX Falcon 9. Services cover licensing, integration, and in-orbit operations for Earth observation and communications missions, with YAM-3 satellite deployed in 2022 carrying NASA and ESA payloads.


Founded

2017

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2B

Revenue model

Services

Revenue

$6M (Nov 2021)

Valuation

$1B (Jan 2025)

Loft Orbital Valuation

Loft Orbital is currently valued at $1B, based on its Series C in January 2025.

The $170M round was led by AXIAL Partners and Tikehau Capital, with participation from Temasek, Starburst Ventures, Arkenstone Partners, Launchbay Capital, Tribeca Venture Partners and 5 other investors.

Loft Orbital's valuation has grown 1.8x from $550M at its Series B in November 2021 to $1B in January 2025, across 2 priced rounds.

Loft Orbital valuation by funding round

Revenue multiple
Loft Orbital valuation by funding round
DateStageValuationRevenue Multiple
Jan 2025Series C$1B-
Nov 2021Series B$550M91.7x

Loft Orbital Revenue

Loft Orbital's latest recorded revenue is $6M, as of its Series B in November 2021. At a $550M valuation, that implies a 91.7x revenue multiple.

Loft Orbital revenue by funding round

Loft Orbital revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Nov 2021$6M$550M91.7xSeries B

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Loft Orbital Funding History

Loft Orbital has raised a total of $326M across 4 funding rounds.

Loft Orbital's first fundraising round was a $3M seed round in November 2017. The most recent completed round was a $170M Series C in January 2025.

Loft Orbital funding rounds

Loft Orbital funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2025Series CAXIAL Partners (lead); Tikehau Capital (lead); Temasek; Starburst Ventures; Arkenstone Partners; Launchbay Capital; Tribeca Venture Partners; Supernova Invest; Bpifrance; Uncork Capital; Foundation Capital; GSBackers$170M$1BLoft Orbital, founded in January 2017, is a space infrastructure company that enables organizations to deploy and operate missions in space by integrating customer payloads—both physical and virtual—onto its YAM (Yet Another Mission) satellites. The company provides satellite-as-a-service capabilities, allowing customers to leverage onboard sensors, compute nodes, and data analysis capabilities for a range of use cases including real-time tactical applications. Its customer base spans government and defense sectors, including NASA, the U.S. Space Force, the Space Development Agency, Microsoft, BAE Systems, Eutelsat, the European Space Agency, and the French Space Agency (CNES). In January 2025, Loft Orbital announced a $170 million Series C funding round led by Tikehau Capital and Axial Partners, with participation from Bpifrance, Foundation Capital, Temasek, and Uncork Capital. This round brought the company's total lifetime funding to $300 million, following a $130 million Series B in 2021. According to co-founder and COO Alex Greenberg, the company has achieved over $500 million in lifetime bookings on only $160 million of capital raised prior to this Series C, demonstrating significant capital efficiency for a capital-intensive industry. The company declined to disclose specific hard revenue figures but noted it has doubled revenue for multiple consecutive years. Loft Orbital has sold over 30 satellites and deployed more than 25 customer missions across five satellites launched to date. The company established Loft Federal to serve classified government programs and is planning to launch its first satellite for the Space Development Agency in 2025. Additionally, Loft established a joint venture with Abu Dhabi-based Marlan Space that raised over $100 million to develop domestic satellite manufacturing capabilities in the UAE, with plans to begin launches of JV-built satellites in 2026. With the Series C funding, Loft aims to achieve fleet scale by scaling launches from a handful of satellites per year to more than 10 annually. The company is planning to enhance its satellites with onboard computing capabilities and inter-satellite links to provide real-time tactical data and support faster decision-making. Management's stated focus for 2025 is to launch the current manifest and successfully deploy customer missions while pursuing profitability and business sustainability. The company's longer-term vision includes transforming the space industry by enabling satellites to detect and monitor events in real time rather than operating in delayed fashion as historically typical.
Nov 2021Series BBlackRock (lead)$140M$550MLoft Orbital is a space infrastructure company that provides end-to-end satellite mission services, including satellite integration, regulatory compliance, launch coordination, insurance, and real-time mission monitoring via a proprietary dashboard. The company enables organizations to deploy and operate satellites efficiently, focusing on microsatellite deployment and mission management. Founded in 2017 and headquartered in San Francisco, Loft Orbital reduces barriers to entry in the space sector by offering a platform as a service model for space missions. In late 2021, specifically around November/December, Loft Orbital closed its Series B funding round, raising approximately $140 million led by BlackRock, with participation from Modern Venture Partners, CEAS Investments, Foundation Capital, Uncork Capital, and Ubiquity Ventures. The round included a second tranche of about $27 million and convertible notes for $10 million. This followed earlier funding like a Series A of around $13 million in 2019 at a nearly $43 million valuation. The Series B valued the company at nearly $550 million post-money, with an implied stock price of $18.31 per share. Traction around the period included $5.5 million in revenue reported for 2020, demonstrating early commercial momentum in government and commercial segments. The company has since grown revenue over 100% year-over-year in 2022 and 2023, though exact figures for 2021 were not disclosed. Loft Orbital secured substantial contracts, particularly in national security, and positioned itself for scaling launch frequency and virtual mission capabilities. Subsequent developments include a $170 million Series C in January 2025 at just under $1 billion valuation, achieving unicorn status, led by investors like Bpifrance, Temasek, AXIAL Partners, and Tikehau Capital. By January 2025, Loft had over $500 million in cumulative bookings on $160 million raised, with over $100 million in US defense contracts, including participation in the Space Development Agency’s $176 million NExT program supplying satellite buses.
Nov 2019Series AFoundation Capital (lead); GFA Venture Partners; Cendana Capital; Ubiquity Ventures; Swell Partners; Uncork Capital; Kima Ventures$13M-Loft Orbital raised $13 million in a Series A funding round on November 14, 2019, led by Foundation Capital with participation from Cendana Capital, GFA Venture Partners, Kima Ventures, Swell Partners, Ubiquity Ventures, and Uncork Capital. The funding supported development of a constellation of small satellites designed to carry customer payloads, as well as opening offices in Boulder, Colorado, and Toulouse, France, for aerospace engineering and software development. The company provides space infrastructure as a service, enabling customers to deploy payloads on high-performance satellites without building their own.
Nov 2017SeedUncork Capital (lead); MDI Ventures; Mercuria Holdings Co; v1.vc; Alumni Ventures$3M-Loft Orbital raised $3.2 million in a seed round in November 2017. Uncork Capital participated in this early funding, which supported initial operations. The company provides space infrastructure as a service, enabling customers to deploy payloads on satellites without managing integration, launch, or operations.

Who has invested in Loft Orbital?

22 investors have backed Loft Orbital across its funding rounds, including Uncork Capital, Foundation Capital, Alumni Ventures, Bpifrance, Temasek and BlackRock.

Lead investors include AXIAL Partners, Tikehau Capital, BlackRock, Foundation Capital and Uncork Capital.


Loft Orbital Investors

Investors in Loft Orbital by funding rounds participated
InvestorHQRoundsRoleFirst check
Uncork CapitalUnited StatesSan Francisco, CA3LeadNov 2017
Foundation CapitalUnited StatesSan Francisco, CA2LeadNov 2019
TemasekSingaporeSingapore1ParticipantJan 2025
MDI VenturesIndonesiaJakarta1ParticipantNov 2017
Starburst VenturesUnited StatesLos Angeles, CA1ParticipantJan 2025
GFA Venture PartnersUnited StatesNew York City, NY1ParticipantNov 2019
Arkenstone Partners--1ParticipantJan 2025
Cendana CapitalUnited StatesSan Francisco, CA1ParticipantNov 2019
Mercuria Holdings CoJapanJapan1ParticipantNov 2017
Ubiquity VenturesUnited StatesSan Francisco, CA1ParticipantNov 2019
Launchbay CapitalUnited KingdomLondon1ParticipantJan 2025
v1.vcUnited StatesSan Francisco, CA1ParticipantNov 2017
Tikehau CapitalFranceFrance1LeadJan 2025

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Investments by Loft Orbital

Loft Orbital has invested in 1 company to date.

Latest investment by Loft Orbital was on August 26th 2024. Loft Orbital invested in Orbitworks in their $100M Strategic investment round.


Latest Investments by Loft Orbital

Orbitworks
Description
Orbitworks is an Abu Dhabi-based space infrastructure company designing satellite buses for Earth observation and communications. Its platforms support payloads up to 50 kilograms in sun-synchronous orbits. Launched in 2022, it leverages UAE Space Agency partnerships for launches from Al Yah satellites.
HQ CountryUnited Arab Emirates
HQ City
Abu Dhabi
Deal Date26 Aug 2024
RoundStrategic investment
Raised$100M
InvestorsMarlan Space
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Loft Orbital Competitors

Loft Orbital competitors include listed companies like BlackSky, Hwa Create, Chengdu CORPRO Technology and Satellogic, and private ones like Open Cosmos and Umbra.

Public and private companies comparable to Loft Orbital
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Open CosmosUnited KingdomOxfordPrivate$62M$8M$1B16.1x
BlackSkyUnited StatesUnited StatesPublicly listed$107M($28M)$931M7.0x
Hwa CreateChinaChinaPublicly listed$117M$5M$1.1B11.9x
Chengdu CORPRO TechnologyChinaChinaPublicly listed$142M$22M$1.2B9.0x
SatellogicUnited StatesUnited StatesPublicly listed$18M$2M$847M22.0x
UmbraUnited StatesWashington, DCPrivate--$825M-

Loft Orbital Public Comps

Loft Orbital is still privately-owned, but its public comps include BlackSky, Hwa Create, Satellogic, Chengdu CORPRO Technology, Telesat, Synspective, Orbita Aerospace, Gilat Satellite Networks, QPS Holdings and Gemini Space Station.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
BlackSky$107M($28M)8.6x7.0x(32.8x)68.0x
Hwa Create$117M$5M9.5x11.9x203.3x-
Satellogic$18M$2M46.9x22.0x405.1x(93.4x)
Chengdu CORPRO Technology$142M$22M8.7x9.0x57.1x22.8x
Telesat$299M($183M)12.7x15.3x(20.9x)38.3x
Synspective$15M$6M77.6x34.7x194.9x115.4x
Orbita Aerospace$41M($21M)30.0x-(57.8x)-
Gilat Satellite Networks$452M$45M1.4x1.3x13.6x10.2x

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Common questions about Loft Orbital

When was Loft Orbital founded?Loft Orbital was founded in 2017.
Where is Loft Orbital headquartered?Loft Orbital is headquartered in San Francisco, CA, United States.
Is Loft Orbital publicly listed?No, Loft Orbital is a private, VC-backed company.
What is Loft Orbital's valuation?Loft Orbital was last valued at $1B in its Series C in January 2025.
How much funding has Loft Orbital raised?Loft Orbital has raised $326M across 4 funding rounds.
What was Loft Orbital's last funding round?Loft Orbital's last funding round was a $170M Series C in January 2025, led by AXIAL Partners and Tikehau Capital.
Who are Loft Orbital's investors?Loft Orbital's investors include Uncork Capital, Foundation Capital, Temasek, MDI Ventures, Starburst Ventures, GFA Venture Partners, Arkenstone Partners, Cendana Capital, Mercuria Holdings Co, Ubiquity Ventures and 12 others.
What is Loft Orbital's revenue?Loft Orbital's latest recorded revenue is $6M (November 2021).
What is Loft Orbital's revenue multiple?Loft Orbital's latest valuation implies a 91.7x revenue multiple ($550M valuation on $6M of revenue).
Which companies are comparable to Loft Orbital?Companies comparable to Loft Orbital include Open Cosmos, BlackSky, Hwa Create, Chengdu CORPRO Technology, Satellogic and Umbra.
How many companies has Loft Orbital invested in?Loft Orbital has invested in 1 company, including Orbitworks.
What was Loft Orbital's last investment?In August 2024, Loft Orbital invested in Orbitworks' $100M strategic investment round alongside Marlan Space.

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