Quantum Space Funding, Investors & Competitors

Quantum Space has raised $15M across 1 funding round, most recently a $15M Series A in December 2022.

Last Quantum Space funding round

$15M

Series A · Dec 2022

Cumulative funding Quantum Space raised

$15M

across 1 funding round

Key investors in Quantum Space

  • Prime Movers Lab

Quantum Space Overview

About Quantum Space

Quantum Space is a U.S.-based space infrastructure company architecting satellite networks for interplanetary communication and data relay. Founded in 2021, it develops laser communication terminals and orbital hubs to create a space superhighway supporting NASA's Artemis program and commercial lunar missions.


Founded

2021

HQ

United StatesWashington, DC

Status

Privately held

Customer focus

B2B & B2G

Revenue model

Product sales

Quantum Space Funding History

Quantum Space has raised a total of $15M across 1 funding round.

Quantum Space funding rounds

Quantum Space funding rounds
DateStageInvestorsRaisedDeal Summary
Dec 2022Series APrime Movers Lab (lead)$15MQuantum Space raised $15 million from Prime Movers Lab on December 13, 2022, to expand QuantumNet, a network of Scout space vehicles in cislunar space providing data products, digital services, space domain awareness, space weather forecasting, positioning, navigation, timing, communications, and onboard AI compute. The funding supports the QS-1 mission launch planned for October 2024, development of additional Scouts, new Integration & Test facilities, Mission Operations Center, and advancement of the customer data platform and software. Quantum Space, based in Rockville, MD, was co-founded by Kam Ghaffarian and led by CEO Steve Jurczyk, with plans to deploy over 40 Scouts by 2032 to form infrastructure for spacecraft travel between Earth and the Moon. The company intended to close its Series A round by the end of 2022. Prime Movers Lab, a U.S. venture firm investing in breakthrough science, provided this investment as part of its portfolio in space infrastructure.

Who has invested in Quantum Space?

1 investor has backed Quantum Space across its funding rounds, including Prime Movers Lab.

Lead investors include Prime Movers Lab.


Quantum Space Investors

Investors in Quantum Space by funding rounds participated
InvestorHQRoundsRoleFirst check

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Quantum Space Competitors

Quantum Space competitors include listed companies like SpaceX, EchoStar, China Satellite and Globalstar, and private ones like Xona and ICEYE.

Public and private companies comparable to Quantum Space
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
XonaUnited StatesSan Francisco, CAPrivate--$2.5B-
SpaceXUnited StatesUnited StatesPublicly listed$19B$3.9B$1.8T-
EchoStarUnited StatesUnited StatesPublicly listed$15B($16B)$28B1.8x
China SatelliteChinaChinaPublicly listed$397M$265M$14B-
ICEYEFinlandEspooPrivate$289M$115M$12B40.3x
GlobalstarUnited StatesUnited StatesPublicly listed$273M$126M$11B39.1x

Quantum Space Public Comps

Quantum Space is still privately-owned, but its public comps include SpaceX, Tesla, General Motors, EchoStar, SAIC Motor, China Satellite, Globalstar, China Spacesat, AST SpaceMobile and XPENG.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
SpaceX$19B$3.9B94.9x-450.5x-
Tesla$95B$10B14.6x13.1x137.6x93.2x
General Motors$185B$15B1.0x0.9x11.8x8.2x
EchoStar$15B($16B)1.6x1.8x(1.5x)10.6x
SAIC Motor$98B$7.1B0.1x0.1x1.4x1.9x
China Satellite$397M$265M34.6x-51.9x-
Globalstar$273M$126M40.3x39.1x87.7x83.3x
China Spacesat$916M$56M10.8x9.2x175.9x121.9x

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Common questions about Quantum Space

When was Quantum Space founded?Quantum Space was founded in 2021.
Where is Quantum Space headquartered?Quantum Space is headquartered in Washington, DC, United States.
Is Quantum Space publicly listed?No, Quantum Space is a private, VC-backed company.
How much funding has Quantum Space raised?Quantum Space has raised $15M across 1 funding round.
What was Quantum Space's last funding round?Quantum Space's last funding round was a $15M Series A in December 2022, led by Prime Movers Lab.
Who are Quantum Space's investors?Quantum Space's investors include Prime Movers Lab.
Which companies are comparable to Quantum Space?Companies comparable to Quantum Space include Xona, SpaceX, EchoStar, China Satellite, ICEYE and Globalstar.

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