Loft Orbital

Provides space infrastructure as a service

San Francisco, California, United States

About Loft Orbital

Loft Orbital provides space infrastructure as a service, making it easier for clients to access satellite services. They maintain an inventory of satellite buses and schedule quarterly launches, allowing them to deliver missions to space much faster than traditional methods. By managing the complexities of space missions, Loft Orbital allows clients to focus on their objectives without worrying about the technical details. They utilize identical satellite hardware for each mission, which helps reduce technical risks and maximize flight heritage. Their payload agnostic technology enables them to support a variety of payloads on a standard satellite bus, catering to diverse client needs. Loft Orbital's business model offers a complete solution for deploying and managing satellite constellations, generating revenue by charging clients for their comprehensive services.

San Francisco, CaliforniaHeadquarters
2016Year Founded
$152.7MTotal Funding
SERIES_BCompany Stage
AerospaceIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Flexible Work Hours
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
Family Planning Benefits
Fertility Treatment Support
401(k) Retirement Plan
401(k) Company Match
Relocation Assistance

Risks

Increased competition from new microsatellite market entrants like Unseenlabs.
Over-reliance on partnerships with Viasat and Microsoft may pose strategic risks.
Rapid expansion could strain resources and lead to operational challenges.

Differentiation

Loft Orbital offers end-to-end satellite services, simplifying space access for clients.
Their payload agnostic technology allows flexibility in flying diverse client payloads.
Standardized satellite hardware maximizes flight heritage and reduces technical risks.

Upsides

Recent €170M funding enables rapid scaling and satellite fleet expansion.
Partnership with Microsoft Azure enhances cloud-based satellite operations and efficiency.
Collaboration with SkyServe leverages AI for advanced Earth observation capabilities.

Funding

Total raised$152.67 M
Latest valuation$550.00 M
StageSERIES_B
GRANT
2/28/2021
$1
SEED
10/31/2017
$3
$16.00 M