SpinLaunch Valuation, Funding & Investors

SpinLaunch is valued at $2B as of November 2024.

Last SpinLaunch valuation

$2B

Series A · Nov 2024

Last SpinLaunch funding round

$30M

Series C · Aug 2025

Cumulative funding SpinLaunch raised

$203M

across 7 funding rounds

Key investors in SpinLaunch

  • ATW Partners
  • Kleiner Perkins
  • Airbus Ventures
  • Kongsberg Defence & Aerospace
  • Maximus Yaney
  • GV

SpinLaunch Overview

About SpinLaunch

SpinLaunch is a Long Beach-headquartered space infrastructure company developing kinetic launch technology and satellite constellations. Its centrifugal system accelerates payloads to orbital velocities from a California test site, reducing costs for small satellite deployment. In 2022, it conducted suborbital flights validating vacuum-balanced operations. Expanding to Meridian Space broadband satellites for global coverage, SpinLaunch collaborates with Airbus and Lockheed Martin, backed by Google Ventures since 2015.


Founded

2014

HQ

United StatesLos Angeles, CA

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$2B (Nov 2024)

SpinLaunch Valuation

SpinLaunch is currently valued at $2B, based on its Series A in November 2024.

SpinLaunch valuation by funding round

SpinLaunch valuation by funding round
DateStageValuation
Nov 2024Series A$2B

SpinLaunch Funding History

SpinLaunch has raised a total of $203M across 7 funding rounds.

SpinLaunch's first fundraising round was a $4M seed round in October 2014. The most recent completed round was a $30M Series C in August 2025.

SpinLaunch funding rounds

SpinLaunch funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Aug 2025Series CATW Partners (lead); Kongsberg Defence & Aerospace$30M-SpinLaunch, a Long Beach, California-based space technology company founded in 2014, raised $30 million in a Series C funding round on August 19, 2025, led by ATW Partners with participation from Kongsberg Defence & Aerospace, including a previously announced $12 million strategic investment from the latter. The funds are designated to accelerate the development and commercialization of Meridian Space, SpinLaunch's low-Earth orbit broadband satellite constellation aimed at reducing the cost and complexity of satellite infrastructure deployment through innovative technologies like a multi-band reflectarray antenna that has undergone full-scale testing. Kongsberg NanoAvionics, a subsidiary, has been contracted to build 280 satellites for the initial constellation, with SpinLaunch targeting its first customer link in the second half of 2026. Previously known for its centrifugal launch systems designed to eliminate the first stage of conventional rockets for small payloads, SpinLaunch has pivoted toward satellite communications with Meridian Space, building on its expertise in scalable space access. The company has now raised over $194 million across multiple rounds from 22 investors, with this latest infusion combining $18 million from existing backers like ATW Partners and the Kongsberg commitment. CEO Massimiliano Ladovaz emphasized the progress in technical milestones and partnerships as key to gaining investor trust. The focus remains on operational advancements, such as antenna validation, to compete in the LEO broadband market by offering more compact, energy-efficient, and scalable solutions compared to traditional designs.
Apr 2025Series CKongsberg Defence & Aerospace (lead)$12M-SpinLaunch develops disruptive space solutions, including the Meridian Space low-earth orbit satellite broadband constellation designed for cost-efficient, high-capacity communications with global coverage using advanced microsatellites. The company secured a $12 million strategic investment from Kongsberg Defence & Aerospace to support Meridian Space development and commercialization. This investment formed part of a broader $30 million funding round closed in August 2025, which included the $12 million from Kongsberg and additional $18 million from existing investors led by ATW Partners. SpinLaunch partnered with Kongsberg NanoAvionics as the exclusive supplier for the initial 280 satellites, with an in-orbit demonstrator planned for 2026. The funding advances technical milestones, go-to-market efforts, and the first customer link targeted for the second half of 2026. The constellation leverages SpinLaunch's kinetic launch system for lower costs and higher launch cadence compared to traditional rockets, aligning with defense and enterprise broadband needs.
Nov 2024Series A-$12M$2BSpinLaunch develops kinetic launch technology using a hypersonic centrifuge to accelerate small spacecraft into orbit without rockets. The company, founded in 2014 and headquartered in Long Beach, California, has raised over $220M in total funding across multiple rounds, with its latest prior to 2024 being a $71M Series B in 2022. In November 2024, SpinLaunch closed an $11.5M tranche of a planned $25M round per SEC filing, aimed at advancing its launch system and ruggedized satellites capable of surviving 10,000Gs. Earlier in 2024, SpinLaunch explored a more ambitious $350M raise targeting a $2B valuation, though the CEO disputed these figures as inaccurate. The company demonstrated integrated satellites in centrifuges with Portland State University and is pursuing site selection for an orbital launch system. Investors include ATW Partners, Airbus Ventures, and Kleiner Perkins. SpinLaunch faces competition in small satellite launches from SpaceX rideshares amid rising satellite masses and unproven kinetic launch viability. Recent leadership changes include David Wrenn as CEO since May 2024 and Domhanal Slattery as chairman since October 2023. The company eyes defense applications, hosting Space Force leadership in November 2024.
Sep 2022Series BATW Partners (lead)$71M-SpinLaunch, founded in 2014 and headquartered in Long Beach, California, originally developed kinetic launch systems using a centrifuge to propel small payloads into space, aiming for faster and more scalable access without traditional rocket first stages. By 2022, the company had shifted focus toward satellite technologies, later introducing the Meridian Space constellation in 2025—a low-earth orbit (LEO) satellite broadband platform designed for lower cost and complexity using proprietary multi-band reflectarray antennas that are compact, energy-efficient, and scalable. SpinLaunch announced a $71 million Series B funding round in September 2022, reaching a total of $150 million raised to date at that time. The 2022 Series B funding supported ongoing development amid this technological evolution. Later rounds, including a $30 million Series C tranche in August 2025 led by ATW Partners with Kongsberg Defence & Aerospace ($12 million), advanced Meridian Space commercialization, targeting first customer links in late 2026. Competitive context positions SpinLaunch against traditional satellite providers by promising ultra-low CapEx through innovative antennas and open architecture for flexible integration.
Jan 2020Undisclosed stageAirbus Ventures (lead); Kleiner Perkins; GV; John Doerr; Catapult Ventures; Lauder Partners$35M-SpinLaunch is a US-based space launch technology developer founded in 2014, specializing in a kinetic-energy launch system that uses a large mass accelerator to propel small satellites at high speeds, claiming to offer more affordable access that works in any weather compared to traditional rocket methods. The company secured $35 million in a funding round announced around January 16, 2020, from existing investors including Airbus Ventures, GV (Google Ventures), Kleiner Perkins, Catapult Ventures, Lauder Partners, John Doerr, and the Byers Family, bringing total funding raised to $80 million since inception. This round followed prior financings, including a mid-2018 Series A of $35 million from similar investors and earlier equity raises of about $1 million in 2014 and $2.9 million in 2015. Proceeds from the 2020 round were allocated to expanding headcount, developing the company's new headquarters and R&D facility in Long Beach, California (moved to in January 2019), and completing the first flight test mass accelerator at Spaceport America in New Mexico, with initial tests planned later that year. SpinLaunch aimed to demonstrate its technology through these tests, targeting first commercial launches by 2022 at under $500,000 per orbital access to serve the growing small satellite market for imaging and communications constellations. CEO Jonathan Yaney emphasized the investors' shared vision for low-cost, frequent launches to protect the planet and humanity.
Jun 2018Series AAirbus Ventures (lead); Alphabet (lead); Kleiner Perkins (lead); Tyche Partners; ATW Partners; Neotribe Ventures; Maximus Yaney$40M-SpinLaunch is a Silicon Valley startup founded in 2014-2015 by Jonathan Yaney, developing a revolutionary electric-powered kinetic energy launch system that uses a massive centrifuge to accelerate payloads to hypersonic speeds for low-cost, on-demand satellite launches, aiming for first launch by 2022. The company closed a $35 million Series A funding round in June 2018 led by Airbus Ventures, GV (Google Ventures/Alphabet), and Kleiner Perkins, bringing total funding to $40 million including prior institutional investors like Lauder Partners, ATW Partners, Bolt, and Starlight Ventures. Funds were allocated to scale the team, advance technology development, and prototype the system, with potential launch sites under consideration in U.S. states including Hawaii, Alaska, Florida, and California. Prior to this, SpinLaunch had raised about $10 million through equity and debt from 2014-2017. The technology promises orders-of-magnitude cost reductions by eliminating rocket fuel, using ground-based electricity potentially from renewables, positioning it disruptively against traditional rocket launches from competitors like SpaceX.
Oct 2014SeedMaximus Yaney (lead)$4M-SpinLaunch, founded in 2014 by Jonathan Yaney, develops a ground-based kinetic launch system using a centrifuge to catapult payloads into space at hypersonic speeds, aiming to drastically reduce launch costs. The company raised $1 million in equity in 2014, the year it was founded, as shown in SEC documents. Yaney, who previously worked on Titan Aerospace acquired by Google, personally invested in SpinLaunch. This initial funding supported early development of the space catapult technology while the company remained in stealth mode. Subsequent raises included $2.9 million in equity in 2015, followed by debt financings in 2017, bringing total funding to $10 million by early 2018. SpinLaunch later secured larger rounds, including a $35 million Series A in 2018-2019 from investors like Airbus Ventures, GV, and Kleiner Perkins, reaching $40 million total at that point, and further investments up to $80 million.

Who has invested in SpinLaunch?

12 investors have backed SpinLaunch across its funding rounds, including ATW Partners, Kleiner Perkins, Airbus Ventures, Kongsberg Defence & Aerospace, Maximus Yaney and GV.

Lead investors include ATW Partners, Kongsberg Defence & Aerospace, Airbus Ventures, Alphabet, Kleiner Perkins and 1 other investor.


SpinLaunch Investors

Investors in SpinLaunch by funding rounds participated
InvestorHQRoundsRoleFirst check
ATW PartnersUnited StatesNew York City, NY3LeadJun 2018
Kleiner PerkinsUnited StatesSan Francisco, CA2LeadJun 2018
Airbus VenturesUnited StatesSan Francisco, CA2LeadJun 2018
Kongsberg Defence & AerospaceNorwayKongsberg2LeadApr 2025
Maximus YaneyUnited StatesNew York City, NY2LeadOct 2014
Tyche PartnersUnited StatesSan Francisco, CA1ParticipantJun 2018
GVUnited StatesSan Francisco, CA1ParticipantJan 2020
John DoerrUnited StatesSan Francisco, CA1ParticipantJan 2020
Catapult VenturesUnited StatesSan Francisco, CA1ParticipantJan 2020
Lauder PartnersUnited StatesSan Francisco, CA1ParticipantJan 2020

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SpinLaunch Competitors

SpinLaunch competitors include listed companies like Intuitive Machines, Hunan Aerospace Huanyu, Orbita Aerospace and OHB, and private ones like Apex and Muon Space.

Public and private companies comparable to SpinLaunch
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Intuitive MachinesUnited StatesUnited StatesPublicly listed$207M($111M)$2.2B4.8x
ApexUnited StatesLos Angeles, CAPrivate$18M-$2.3B-
Hunan Aerospace HuanyuChinaChinaPublicly listed$68M$14M$2.5B-
Muon SpaceUnited StatesSan Francisco, CAPrivate--$1.5B-
Orbita AerospaceChinaChinaPublicly listed$41M($21M)$1.3B-
OHBGermanyGermanyPublicly listed$1.4B$141M$4.2B2.3x
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Cirrus Aircraft$1.4B$233M1.1x1.0x6.5x5.8x
AECC Aero Science$645M$88M3.7x3.9x27.5x-
Aerospace Industrial Development$1.1B$95M2.1x2.0x24.9x20.2x
Gaona Aero Material$552M$66M3.5x3.0x28.9x26.7x
Jezetek$614M$50M3.1x-38.6x-
Voyager Technologies$166M($90M)14.2x9.3x(26.3x)(16.9x)
Applied Aerospace & Defense$604M$96M4.3x-27.1x-
SES$3B$1.2B3.4x2.8x8.8x6.3x

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Common questions about SpinLaunch

When was SpinLaunch founded?SpinLaunch was founded in 2014.
Where is SpinLaunch headquartered?SpinLaunch is headquartered in Los Angeles, CA, United States.
Is SpinLaunch publicly listed?No, SpinLaunch is a private, VC-backed company.
What is SpinLaunch's valuation?SpinLaunch was last valued at $2B in its Series A in November 2024.
How much funding has SpinLaunch raised?SpinLaunch has raised $203M across 7 funding rounds.
What was SpinLaunch's last funding round?SpinLaunch's last funding round was a $30M Series C in August 2025, led by ATW Partners.
Who are SpinLaunch's investors?SpinLaunch's investors include ATW Partners, Kleiner Perkins, Airbus Ventures, Kongsberg Defence & Aerospace, Maximus Yaney, Tyche Partners, GV, John Doerr, Catapult Ventures, Lauder Partners and 2 others.
Which companies are comparable to SpinLaunch?Companies comparable to SpinLaunch include Intuitive Machines, Apex, Hunan Aerospace Huanyu, Muon Space, Orbita Aerospace and OHB.

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