Equatorial Space logo — Southeast Asia's Gateway to Space

Equatorial Space

Southeast Asia's Gateway to Space

Founded 2017 Thailand Thailand 14 employees Seed Total: $3.68M Logistics, Manufacturing +2

General Information

Company Name Equatorial Space
Founded Year 2017
Location Thailand Thailand
Founders / Decision Makers
Team member
Employees 14
Industries Logistics, Manufacturing, Space +1
Funding Stage Seed
Business Model B2B, On Demand
Revenue Model Project Based, Usage Based, Service Fee
Offices as of Sep 2026
Lumphini, Thailand
Social

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About Equatorial Space

Equatorial Space Systems is a rocket propulsion and launcher startup with the slogan "Pioneering the future of space launch with safe, affordable, and eco-friendly rocket propulsion systems." Founded in 2017, the company aims to revolutionize space launch by simplifying the most failure-prone and costly part of launch vehicles - their propulsion systems.

Their proprietary solid fuel composition enables non-explosive, environmentally friendly rocket systems with the potential for reusability, reducing component requirements by half. Equatorial Space has garnered recognition, winning the MBRSC Innovation Cup in Dubai in 2018 and graduating from The Hangar by NUS Enterprise program in Singapore in 2019. The company has also been featured in notable publications, including Channel NewsAsia, Nikkei Asian Review, and South China Morning Post.

In 2021, Equatorial Space secured a place in the inaugural batch of the Q Station Accelerator, supported by the US Space Force and the Air Force Research Lab in Albuquerque, NM, as well as Techstars Los Angeles. The latest milestone for the company is the $1.50M Seed Round investment at 29 March 2023, with key investors including Elev8.VC, SEEDS Capital, and Masik Enterprise.

With its ambitious and innovative approach, Equatorial Space Systems is poised to disrupt the space launch industry and make space travel as safe and affordable as commercial air travel, potentially offering substantial returns for investors.

Business keywords: rocket propulsion, launcher startup, space launch, safe, affordable, eco-friendly, solid fuel composition, reusability, MBRSC Innovation Cup, The Hangar by NUS Enterprise, Q Station Accelerator, US Space Force, Air Force Research Lab, Techstars Los Angeles

Services & Products

Orbit Delivery Services
Suborbital Launch Services
Payload Deployment Solutions

Target Customers

Satellite Companies Space Research Organizations Commercial Space Enterprises Educational Institutions with Space Programs

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $1.11M 2
Paspalis, Farquhar VC
08 Feb 2024
Seed Round $1.55M 3
Elev8.VC, SEEDS Capital +1
29 Mar 2023
Convertible Note $120.00K 1
Techstars
21 Mar 2022
Angel Round $862.67K -
20 Jan 2019
Grant $30.00K 1
Mohammed Bin Rashid Space Centre
20 Oct 2018
Grant SGD10.00K 1
NUS Enterprise
01 May 2018
Grant SGD7.50K 1
NUS Enterprise
01 Apr 2018

Equatorial Space Alternatives & Competitors

View All Alternatives
Equatorial Space vs
Phantom Space
Phantom Space United States

Building the next generation of space technology

31 employees
Space, Transportation
Equatorial Space vs
Firefly Aerospace
Firefly Aerospace United States

Enabling our world to launch, land, and orbit in space. Anytime. Anywhere.

Public
1033 employees
Space, Telecom
Equatorial Space vs
Rocket Lab
Rocket Lab United States

We open access to space to improve life on Earth.

Corporate
1568 employees
Manufacturing, Space

FAQ About Equatorial Space

Southeast Asia's Gateway to Space
Equatorial Space was founded in 2017.
Equatorial Space is headquartered in Thailand. As of Sep 2026, it also has offices in Lumphini, Thailand.
Equatorial Space operates in Logistics, Manufacturing, Space and Transportation. Its work centres on rocket propulsion, launcher startup, space launch and safe. Its customers include Satellite Companies, Space Research Organizations and Commercial Space Enterprises.
Equatorial Space has a B2B and On Demand business model. Its revenue comes from Project Based, Usage Based and Service Fee.
Equatorial Space has approximately 14 employees.
Equatorial Space has completed 7 funding rounds, raising a total of $3.68M. The latest funding stage is Seed.
Equatorial Space offers: Orbit Delivery Services, Suborbital Launch Services, Payload Deployment Solutions.
Top alternatives and competitors to Equatorial Space include Phantom Space, Firefly Aerospace, Rocket Lab, D-Orbit, PLD Space. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Equatorial Space and Phantom Space are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Equatorial Space, https://bouncewatch.com/company/equatorial-space-systems, updated 29 September 2026. When citing, please name BounceWatch and link this page.

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