Phantom Space logo — Building the next generation of space technology

Phantom Space

Building the next generation of space technology

Founded 2019 United States Tucson, United States 31 employees Total: $7.96M Space, Transportation

General Information

Company Name Phantom Space
Founded Year 2019
Location United States Tucson, United States
Employees 31
Industries Space, Transportation
Business Model B2B, Platform, SaaS
Revenue Model Product Sales, Subscription, Usage Based
Offices as of Oct 2026
Tucson, United States
Social

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AI Insight

Bounce Watch AI
1 month ago

The announcement of Worth Wray as Chief Operating Officer, effective August 2026, signifies a forward-looking strategic emphasis on operational excellence and scalable execution for Phantom Space. This internal promotion highlights a commitment to bolstering leadership in preparation for mass-producing small satellite launch systems and expanding the Phantom Cloud constellation. Such a move is crucial for a company aiming to disrupt the space economy with significantly lower launch costs.

Signal Types
Hiring
Strategic Labels
Operational Scaling Leadership Strengthening Growth Preparation
Next Move: Fundraising
·
Impact: 8/10
·
Ideal For: SpaceTech VCs — Growth Stage

About Phantom Space

Phantom Space, founded in 2019 and headquartered in the United States, is pioneering advancements in the Space and Transportation industries. Their mission is succinctly encapsulated in their slogan: "Building the next generation of space technology."

Positioning itself as a disruptive force, Phantom Space draws a parallel to Henry Ford by aiming to revolutionize space access through the mass production of small satellite launch systems. This innovation strategy seeks to slash launch costs by 2-3 times compared to conventional ride-share methods. Supplementing their launch systems are mass-produced small satellites and affordable in-space propulsion systems, all converging under the company’s proprietary Phantom Cloud constellation.

They recently received an Early VC investment on 01 March 2024, with backing from KLH Capital, Balerion Space Ventures, and Reaser Family Office, indicating strong market confidence in their growth potential within an expanding space economy.

Business keywords: space technology, small satellite launch systems, mass production, cost reduction, space transportation, satellite manufacturing, in-space propulsion, cloud constellation, space economy, entrepreneurship, venture capital experience, investment banking, technology startups, launch vehicles, space access

Services & Products

Rapid & Low-cost Launch
Modular Satellites
Digital Space Platforms
Dedicated Orbital Placement

Target Customers

Satellite Operators Space Technology Companies Data-driven Enterprises Government Agencies

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Early VC Undisclosed 3
KLH Capital, Balerion Space Ventures +1
01 Mar 2024
Seed $5.00M 1
Chenel Capital
01 Apr 2021
Seed $2.08M -
01 Jan 2021
Seed $880.00K -
01 Sep 2020

Phantom Space Alternatives & Competitors

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Phantom 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
Phantom Space vs
Momentus
Momentus United States

Momentus offers the infrastructure services necessary to enable enterprise and human existence to fl...

Post-IPO Debt
65 employees
Space, Transportation
Phantom Space vs
Dawn Aerospace
Dawn Aerospace New Zealand

Delivering scalable and sustainable space transportation.

155 employees
Space, Sustainability

FAQ About Phantom Space

Building the next generation of space technology
Phantom Space was founded in 2019.
Phantom Space is headquartered in Tucson, United States.
Phantom Space operates in Space and Transportation. Its work centres on space technology, small satellite launch systems, mass production and cost reduction. Its customers include Satellite Operators, Space Technology Companies and Data-driven Enterprises.
Phantom Space has a B2B, Platform and SaaS business model. Its revenue comes from Product Sales, Subscription and Usage Based.
Phantom Space has approximately 31 employees.
Phantom Space has completed 4 funding rounds, raising a total of $7.96M.
Phantom Space offers: Rapid & Low-cost Launch, Modular Satellites, Digital Space Platforms, Dedicated Orbital Placement.
Top alternatives and competitors to Phantom Space include Firefly Aerospace, Momentus, Dawn Aerospace, HyImpulse, Equatorial Space. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Phantom Space and Firefly Aerospace 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 Phantom Space, https://bouncewatch.com/company/phantom-space, updated 12 October 2026. When citing, please name BounceWatch and link this page.

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