- Companies
- Loft Orbital
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
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
Website
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| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jan 2025 | Series C | $1B | - |
| Nov 2021 | Series B | $550M | 91.7x |
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
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Nov 2021 | $6M | $550M | 91.7x | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2025 | Series C | AXIAL Partners (lead); Tikehau Capital (lead); Temasek; Starburst Ventures; Arkenstone Partners; Launchbay Capital; Tribeca Venture Partners; Supernova Invest; Bpifrance; Uncork Capital; Foundation Capital; GSBackers | $170M | $1B | Loft 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 2021 | Series B | BlackRock (lead) | $140M | $550M | Loft 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 2019 | Series A | Foundation 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 2017 | Seed | Uncork 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Nov 2017 | ||
| 2 | Lead | Nov 2019 | ||
| 1 | Participant | Jan 2025 | ||
| 1 | Participant | Nov 2017 | ||
| 1 | Participant | Jan 2025 | ||
| 1 | Participant | Nov 2019 | ||
| -- | 1 | Participant | Jan 2025 | |
| 1 | Participant | Nov 2019 | ||
| 1 | Participant | Nov 2017 | ||
| 1 | Participant | Nov 2019 | ||
| 1 | Participant | Jan 2025 | ||
| 1 | Participant | Nov 2017 | ||
| 1 | Lead | Jan 2025 | ||
This data is available for Pro users. Sign up to see all 22 Loft Orbital investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialInvestments 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
| 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 Country | |
| HQ City | Abu Dhabi |
| Deal Date | 26 Aug 2024 |
| Round | Strategic investment |
| Raised | $100M |
| Investors | Marlan Space |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Loft Orbital investments and their VC round multiples. Start Free Trial | |
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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $62M | $8M | $1B | 16.1x | ||
| Publicly listed | $107M | ($28M) | $931M | 7.0x | ||
| Publicly listed | $117M | $5M | $1.1B | 11.9x | ||
| Publicly listed | $142M | $22M | $1.2B | 9.0x | ||
| Publicly listed | $18M | $2M | $847M | 22.0x | ||
| Private | - | - | $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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $107M | ($28M) | 8.6x | 7.0x | (32.8x) | 68.0x | |||
| $117M | $5M | 9.5x | 11.9x | 203.3x | - | |||
| $18M | $2M | 46.9x | 22.0x | 405.1x | (93.4x) | |||
| $142M | $22M | 8.7x | 9.0x | 57.1x | 22.8x | |||
| $299M | ($183M) | 12.7x | 15.3x | (20.9x) | 38.3x | |||
| $15M | $6M | 77.6x | 34.7x | 194.9x | 115.4x | |||
| $41M | ($21M) | 30.0x | - | (57.8x) | - | |||
| $452M | $45M | 1.4x | 1.3x | 13.6x | 10.2x | |||
This data is available for Pro users. Sign up to see all Loft Orbital competitors and their valuation data. Start Free Trial | ||||||||
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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