SmallSpark Space Systems
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | <1m | 1.1m | 2.2m |
% growth | - | 124 % | 96 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | £100k | Seed | |
£200k | Seed | ||
£50.0k | Grant | ||
$1.7m | Seed | ||
* | £500k | Seed | |
* | £1.1m | Seed | |
* | £205k | Grant | |
N/A | Support Program | ||
$90.0k | Grant | ||
N/A | £1.0m | Seed | |
Total Funding | $6.0m |
Related Content
Recent News about SmallSpark Space Systems
EditSmallspark Space Systems is a pioneering company specializing in the development of advanced propulsion systems and launch solutions for atmospheric and space research. The company operates primarily in the aerospace sector, focusing on the design and optimization of propulsion systems for satellites, suborbital launches, and atmospheric research. Smallspark serves a diverse range of clients, including governmental space agencies, private aerospace companies, and research institutions.
The company's business model revolves around providing cutting-edge propulsion technologies that simplify launch processes, enhance safety, and improve performance. Their flagship product, the S4 Hive engine architecture, is backed by Research England and the Welsh Government. This engine offers high specific impulse, reduced complexity, and highly stable fuels, making it a reliable and controllable option for responsive launch vehicles.
Smallspark generates revenue through the sale of its propulsion systems and related services, including design optimization and consultancy for aerospace projects. The company is committed to reigniting the UK's space capabilities by delivering innovative and efficient solutions that meet the evolving needs of the space industry.
Keywords: propulsion systems, launch solutions, atmospheric research, space research, satellite propulsion, suborbital launch, S4 Hive engine, aerospace sector, UK space capabilities, innovative technologies.