All Companies

SpaceX

S

Active

Space Exploration Technologies Corp. (SpaceX) designs, manufactures, and launches reusable rockets and spacecraft. The company operates Falcon 9, Falcon Heavy, Dragon, Starlink, and the government-focused Starshield line while continuing to develop Starship for high-cadence heavy-lift missions to the Moon, Mars, and beyond. SpaceX absorbed xAI in February 2026 and on May 20, 2026 filed a public S-1 to list on Nasdaq (ticker SPCX) at an implied valuation near $1.75 trillion. Two days later, the first Starship V3 completed a full-duration suborbital test flight (Flight 12).

CASC

S

State-Owned (SASAC)

China Aerospace Science and Technology Corporation (CASC) is the state-owned prime contractor for China's space program and the world's most prolific launch organization by missions flown. Wholly owned by the central government through SASAC, it develops and operates the Long March (Changzheng) rocket family — which passed its 600th launch in October 2025 — along with the Shenzhou crewed spacecraft, Tianzhou cargo vehicles, the Tiangong space station, BeiDou navigation and GuoWang broadband satellites, the Chang'e lunar and Tianwen planetary probes, and China's strategic missiles. CASC set a national record with 73 orbital launches in 2025 and is developing the partially reusable, super-heavy Long March 10 to land Chinese astronauts on the Moon before 2030.

Commonwealth Fusion Systems

S

Private

Commonwealth Fusion Systems is building commercial fusion systems around high-temperature superconducting magnet technology developed with MIT. SPARC is its fusion-energy demonstration tokamak under construction in Devens, Massachusetts, and ARC is its planned first commercial plant designed to bring hundreds of megawatts of fusion power to the grid in the early 2030s. CFS also manufactures HTS magnets as the enabling technology behind its compact, high-field tokamak approach.

Boeing

S

Public (NYSE: BA)

Boeing is one of the world's largest aerospace companies, spanning commercial airplanes, defense and space systems, and aftermarket services. After a deeply disrupted 2024, Boeing improved materially through 2025 and into 2026: it delivered 600 commercial aircraft in 2025, then opened 2026 with 143 commercial deliveries, $22.2B of Q1 revenue across all three segments, a record $695B total backlog, and a narrower core loss. The company completed the Spirit AeroSystems reacquisition in December 2025, and in May 2026 confirmed it had passed the FAA capstone review to lift 737 MAX output to 47 jets per month. Boeing remains one of the two central global commercial-jet manufacturers alongside Airbus, with its near-term trajectory hinging on the 737 ramp, 777X certification, and sustained progress on safety and quality reforms.

Airbus

S

Public (EPA: AIR)

Airbus is Europe's largest aerospace company, spanning commercial aircraft, helicopters, defence and space. In civil aviation it remains Boeing's only true peer at global scale and is pairing near-term production growth with longer-term work on lower-carbon aircraft technologies, future single-aisle designs and hydrogen propulsion. The company combines a mature global airliner business with broader aerospace capabilities across defence, space and rotorcraft. Q1 2026 was unusually weak — 114 deliveries (vs. 136 a year earlier), revenue down 7% to EUR 12.65B and adjusted EBIT halved to EUR 300M due to Pratt & Whitney engine shortages and Chinese delivery disruptions — but Airbus reaffirmed full-year 2026 guidance of ~870 deliveries, EUR 7.5B adjusted EBIT and EUR 4.5B free cash flow, with a record commercial backlog above 9,000 aircraft.

Figure AI

S

Private

Figure AI is a San Jose robotics company building general-purpose humanoid robots and the Helix AI stack that powers them. Its current public platform, Figure 03, is in early commercial deployment — BMW completed an 11-month factory program and Catalyst Brands (JCPenney's parent) signed in May 2026 to deploy Figure 03 fleets at its Reno logistics center. The Helix 02 vision-language-action stack has demonstrated full 8-hour autonomous package-sorting shifts, while BotQ has scaled to one Figure 03 per hour with 350+ robots produced.

Tesla

S

Public (NASDAQ: TSLA)

Tesla is a vertically integrated automotive, energy storage, and AI company headquartered in Austin, Texas. It manufactures five consumer vehicles, sells Full Self-Driving (Supervised) software, operates energy storage and solar businesses, and is developing products such as Cybercab, Tesla Semi, and Optimus. In Q1 2026, Tesla generated $22.4B in revenue, delivered 358,023 vehicles, had 1.28M active FSD subscriptions, and operated 8,463 Supercharger stations.

BYD

S

Public (SZSE: 002594 / HKEX: 1211)

BYD (Build Your Dreams) is a Chinese high-tech manufacturer spanning automobiles, batteries, electronics, renewable energy, and rail transit. Its auto business is unusually vertically integrated, with in-house batteries, motors, power electronics, and automotive semiconductors underpinning a lineup that now ranges from low-cost EVs and plug-in hybrids to premium Denza and Yangwang vehicles. That structure has made BYD the global volume leader in new energy vehicles, though April 2026 sales showed domestic pressure while overseas deliveries hit a record high.

Waymo

S

Subsidiary (Alphabet)

Waymo is Alphabet's autonomous-driving company and operator of the world's first autonomous ride-hailing service. It now serves riders in 11 U.S. metro areas through Waymo One and says it has completed more than 20 million rides. The company is scaling a fully autonomous robotaxi network across the U.S. while lining up additional markets in Japan and the UK.

Baidu Apollo

S

Division (Baidu: NASDAQ BIDU; HKEX: 9888)

Baidu Apollo is Baidu's autonomous-driving platform and the operator of Apollo Go, one of the world's largest fully driverless robotaxi networks. Apollo Go delivered 3.2 million fully driverless rides in Q1 2026, exceeded 22 million cumulative public rides by April 2026, and reached a 27-city global footprint while expanding in China, Dubai, Abu Dhabi, Europe, and other markets.

Joby Aviation

S

Public (NYSE: JOBY)

Joby Aviation is a California-based transportation company developing a piloted, all-electric air taxi for commercial passenger service. The company is in the late stages of FAA type certification and expects to carry its first passengers in 2026. Alongside certification, Joby is building launch infrastructure in Dubai, integrating future service into the Uber app, and expanding manufacturing capacity in California and Ohio.

Zipline

S

Private

Zipline is an American robotics and logistics company operating the world's largest autonomous delivery service. After pioneering national-scale medical drone delivery in Rwanda, the company has grown into a global network that has flown more than 130 million autonomous miles and now serves more than 5,000 hospitals and health centers. In 2025, Zipline commercially launched Platform 2, its quieter home-delivery system, in Pea Ridge, Arkansas and more than 20 Dallas-Fort Worth communities with Walmart and more than a dozen restaurant brands, extending the business beyond healthcare logistics into mainstream retail, food, and prescription delivery.

Wing

S

Subsidiary (Alphabet Inc.)

Wing is a drone-delivery company launched from Google's X in 2012 that is scaling small-package logistics in dense residential areas. It has completed more than 750,000 residential deliveries and built a service area covering more than 2 million customers across major U.S. metros including Dallas-Fort Worth, Atlanta, and Houston. Wing partners with Walmart and DoorDash to deliver groceries, meals, household essentials, and other urgent local orders in minutes, and it is preparing to bring residential service to the Bay Area.

Rocket Lab

A

Public (NASDAQ: RKLB)

Rocket Lab is an end-to-end space company spanning launch, hypersonic test launch, spacecraft, payloads, and satellite components for commercial, civil, and defense customers. Electron remains the second most frequently launched U.S. rocket, Rocket Lab technology supports more than 1,700 missions globally, and the company is developing Neutron to expand into medium-lift constellation, national-security, and exploration missions. In Q1 2026, Rocket Lab posted record quarterly revenue of $200.3M, backlog above $2.2B, and signed five dedicated Neutron launches with a confidential customer.

Blue Origin

A

Active

Blue Origin is a privately held aerospace company founded by Jeff Bezos that develops reusable launch vehicles, rocket engines, lunar landers, in-space mobility systems, and satellite communications infrastructure. Its current programs span the New Shepard suborbital system, the New Glenn heavy-lift rocket, the BE-4 engine family that also powers ULA's Vulcan, the Blue Moon lunar lander family, the Blue Ring spacecraft platform, and the TeraWave network. New Glenn remains grounded after NG-3's upper-stage BE-3U underperformance lost AST SpaceMobile's BlueBird 7, and on May 28, 2026 a New Glenn exploded during a static fire test at Cape Canaveral's LC-36 — Blue Origin's only New Glenn pad — damaging the launch complex while the company readies its first Blue Moon MK1 lunar mission.

Firefly Aerospace

A

Public (NASDAQ: FLY)

Firefly Aerospace is a public space and defense company that launches the Alpha small-lift rocket, is co-developing the Eclipse medium-lift vehicle with Northrop Grumman, flies Blue Ghost lunar landers, and builds Elytra orbital vehicles for maneuvering, communications, imaging, and other cislunar services. After becoming the first commercial company to complete a fully successful Moon landing, Firefly expanded further into defense software and data systems through its SciTec acquisition. Q1 2026 revenue reached $80.9M, with full-year guidance still at $420M-$450M.

Stoke Space

A

Active

Stoke Space is a Kent, Washington rocket company developing Nova, a fully and rapidly reusable medium-lift launch vehicle built for low-cost, on-demand transport to, through, and from space. Its architecture pairs a full-flow staged-combustion first stage with a reusable upper stage whose actively cooled metallic heat shield is integrated into the engine, enabling downmass capability, high-energy missions, and minimal-refurbishment reentry. Stoke is now scaling production capacity and bringing Space Launch Complex 14 online at Cape Canaveral ahead of Nova's first flights.

LandSpace

A

Private (Shanghai STAR Market IPO filed)

LandSpace (Beijing LandSpace Technology) is China's leading commercial rocket company. In July 2023 its methane-liquid oxygen Zhuque-2 became the first methalox rocket in the world to reach orbit, and the company now flies the upgraded Zhuque-2E for commercial constellation missions. Its flagship is the reusable, stainless-steel Zhuque-3, a Falcon 9-class vehicle whose December 2025 maiden flight reached orbit but failed to recover its booster. LandSpace's STAR Market IPO filing was accepted in December 2025 at a reported valuation near $2.7B.

Galactic Energy

A

Private

Galactic Energy (Beijing Xinghe Power) is one of China's leading commercial launch companies and the most prolific private launch provider in the country. Its small solid-fuel Ceres-1 — flying from both land and a sea platform (Ceres-1S) — has reached orbit 23 times with 21 successes, deploying around 89 satellites since 2020. The company is now developing the larger solid Ceres-2 and, most importantly, the partially reusable kerosene-liquid oxygen Pallas-1, a Falcon 9-class rocket whose first stage completed a seven-engine static fire in November 2025 ahead of its maiden flight. Galactic Energy closed a 2.4 billion yuan (~$336M) Series D in September 2025, bringing total funding to roughly $410M.

CAS Space

A

Private

CAS Space (Zhongke Aerospace) is a 2018 commercial spinoff majority-owned by the Chinese Academy of Sciences, led by founder and chairman Yang Yiqiang — former chief commander of the state Long March 11 solid rocket. Headquartered in Guangzhou, it operates the solid-fuel Kinetica-1 (Lijian-1), one of China's most-flown commercial rockets with 13 launches and 12 successes since 2022. In March 2026 it successfully debuted the medium-lift kerolox Kinetica-2 (Lijian-2), a three-core, nine-engine rocket carrying a prototype of the Qingzhou cargo spacecraft. Kinetica-2's expendable launch cost already rivals a reused Falcon 9, and the company is developing first-stage reusability while scaling output at a new Zhejiang 'super factory' (up to 12-20 vehicles/year). Valued at over $1.4B, CAS Space completed IPO tutoring in January 2026 ahead of a planned Shanghai STAR Market listing.

NuScale Power

A

Public (NYSE: SMR)

NuScale Power is a public small modular reactor developer commercializing its NRC-approved 77 MWe NuScale Power Module through ENTRA1-led deployments. In 2025 it advanced a nonbinding program with TVA for up to 6 GW of NuScale capacity, completed Phase 2 FEED work for the RoPower project in Romania, and expanded its industrial-process-heat positioning. NuScale remains pre-deployment and ended Q1 2026 with about $1B in liquidity and capital resources, with 2026 centered on manufacturing readiness, fuel supply, and converting its development pipeline into binding projects.

Oklo

A

Public (NYSE: OKLO)

Oklo is developing fast-fission power plants under its Aurora product line while building a vertically integrated nuclear business around power sales, fuel recycling, and radioisotopes. Aurora units are designed to produce 15-75 MWe and run on fresh, recycled, or down-blended fuel, targeting customers such as data centers, industrial sites, military facilities, utilities, and remote communities. Through Atomic Alchemy and its fuel-cycle programs, Oklo is also building U.S. isotope supply and recycled-fuel infrastructure alongside its reactor deployment strategy.

TerraPower

A

Active

TerraPower is a nuclear innovation company founded by Bill Gates and focused primarily on the Natrium sodium fast reactor with integrated molten-salt energy storage. In March 2026 the NRC granted Kemmerer Unit 1 the first construction permit for a commercial-scale advanced nuclear plant in the U.S., and on April 23, 2026 TerraPower officially began plant construction in Wyoming. The company remains pre-revenue, but Natrium has moved from development into full project execution under DOE's ARDP cost-share program.

Kairos Power

A

Active

Kairos Power is commercializing its fluoride salt-cooled, high-temperature reactor (KP-FHR), which combines TRISO pebble fuel with FLiBe coolant in a compact, low-pressure design. The company is using an iterative, vertically integrated development model centered on Hermes 1, a 35 MWth demonstration reactor under construction in Oak Ridge, and Hermes 2, an electricity-producing demonstration plant for the TVA grid. In April 2026, Kairos broke ground on Hermes 2, the first deployment under its Google-backed fleet plan totaling up to 500 MWe by 2035.

X-energy

A

Public (NASDAQ: XE)

X-energy is an advanced nuclear and fuel company commercializing the 80 MWe Xe-100 reactor and its TRISO-X fuel platform. In early 2026 TRISO-X received the first-ever Part 70 HALEU fuel fabrication license, X-energy began graphite production for its first Dow deployment, and the company priced an upsized IPO to begin trading on Nasdaq under the ticker XE. X-energy remains pre-revenue from commercial reactor operations, with execution now centered on Seadrift, fuel-fabrication buildout, and scaling an 11 GW pipeline.

Holtec International

A

Active

Holtec International is a vertically integrated nuclear technology and services company whose core businesses include used-fuel storage and transport systems, plant decommissioning, manufacturing, and nuclear project execution. Its flagship growth programs are the restart of the Palisades plant in Michigan, the first U.S. nuclear plant to return from decommissioning to operations status, and the SMR-300 small modular reactor platform, which Holtec is advancing at Palisades and in the UK with EDF. In February 2026 the privately held company confidentially filed for a U.S. IPO, with reporting indicating it is seeking a valuation above $10 billion.

Helion Energy

A

Private

Helion Energy is building fusion generators aimed at producing commercial electricity from fusion. Its Polaris prototype began operating in late 2024 and in February 2026 became the first privately developed fusion machine to demonstrate measurable deuterium-tritium fusion at 150 million degrees Celsius. Helion is now advancing Orion in Malaga, Washington, where site work began in 2025 for the company's first commercial machine intended to deliver electricity from fusion to Microsoft, while a smaller new 'Tiny Merge' testbed is being built to iterate on plasma formation faster. In March 2026, OpenAI also opened talks to buy fusion power from Helion at gigawatt scale, prompting Sam Altman to step down from the company's board chair to recuse himself from the negotiations.

TAE Technologies

A

Private (proposed TMTG merger)

TAE Technologies is a private fusion company developing hydrogen-boron fusion with a beam-driven field-reversed-configuration architecture. Its 2025 'Norm' breakthrough reduced reactor complexity enough to skip the planned Copernicus step and move directly toward Da Vinci, its first prototype power plant, while TAE Power Solutions and TAE Life Sciences commercialize adjacent power-delivery and oncology technologies derived from its fusion R&D.

COMAC

A

State-Owned Enterprise

COMAC (Commercial Aircraft Corporation of China) is China's state-owned commercial aircraft manufacturer and the core vehicle for the country's indigenous airliner program. Its current aircraft family spans the in-service C909 regional jet, the in-service C919 narrow-body, and the C929 wide-body now in detailed design. COMAC has moved beyond a symbolic national program into real airline operations, customer support, and early export expansion in Southeast Asia — including Air Cambodia's headline 10+10 C909 commitment in 2025 — making it China's first credible attempt to build a full commercial-aircraft OEM, even as 2026 deliveries continue to lag ambitious airline expectations.

Hermeus

A

Private

Hermeus is a defense aviation company focused on rapidly designing, building, and flight-testing high-Mach and hypersonic aircraft for national-security missions. Its Quarterhorse program is progressing through a series of unmanned demonstrators to unlock high-speed flight — Mk 2.1 broke the sound barrier in May 2026, becoming the first privately-developed unmanned supersonic jet — while the Chimera engine architecture underpins Darkhorse, the reusable hypersonic UAS Hermeus aims to field for defense customers.

Boston Dynamics

A

Private (Hyundai subsidiary)

Boston Dynamics is a pioneering robotics company founded in 1992 as an MIT spin-off that now commercializes mobile robots for industrial inspection, warehouse automation, and humanoid manipulation. Its commercial portfolio spans Spot, Stretch, and Orbit, while Atlas entered product phase in January 2026 as an enterprise humanoid for factories and warehouses. Backed by Hyundai Motor Group, Boston Dynamics says it has deployed more than 2,000 Spot and Stretch robots globally and is preparing initial Atlas fleet shipments to Hyundai's Robotics Metaplant Application Center in 2026 alongside new AI work with Google DeepMind.

Unitree Robotics

A

Private (Shanghai STAR Market IPO filed)

Unitree Robotics is a Hangzhou-based civilian robotics company building quadrupeds, humanoids, dexterous hands, robot arms, and core robot components. After leading the market for publicly sold quadruped robots, Unitree expanded aggressively into humanoids with H1, G1, R1, and H2, while keeping price points far below most Western peers. Unitree's March 2026 Shanghai IPO filing says the company sold 5,500 humanoid robots in 2025, generated 1.71 billion yuan ($250 million) in revenue, delivered 600 million yuan ($90 million) in adjusted net profit, and shipped more than 30,000 quadruped robots between 2022 and September 2025.

Rivian

A

Public (NASDAQ: RIVN)

Rivian is an American automotive technology company that sells the R1T pickup, R1S SUV and Commercial Van while preparing the R2 midsize platform for customer deliveries in the second quarter of 2026. The business is increasingly split between vehicle manufacturing and higher-margin software and services: Rivian generated $5.387 billion of revenue in 2025, posted $144 million of full-year gross profit and sharply expanded software revenue through its Volkswagen joint venture. Alongside its consumer and fleet vehicles, Rivian is also investing heavily in in-house autonomy and AI as it tries to broaden from an EV manufacturer into a larger transportation technology platform.

NIO

A

Public (NYSE: NIO / HKEX: 9866)

NIO is a Chinese smart electric vehicle manufacturer built around premium EVs, battery swapping, and a multi-brand portfolio spanning NIO, ONVO, and firefly. By February 2026 it had deployed 3,790 Power Swap Stations worldwide, passed 1 million cumulative vehicle deliveries, and completed 100 million battery swaps. The lineup now includes the ES9, a flagship executive SUV launched in May 2026 on NIO's new 900V architecture, and NIO operates R&D centers and manufacturing facilities across more than 10 locations with a sales and service network spanning 24 countries and regions.

Aurora Innovation

A

Public (NASDAQ: AUR)

Aurora Innovation is a self-driving vehicle company now focused on commercial autonomous trucking, with the Aurora Driver deployed first as Aurora Driver for Freight. After beginning regular driverless customer deliveries between Dallas and Houston in late April 2025, Aurora expanded into nighttime operations, validated additional Texas-Arizona lanes, and by January 2026 had surpassed 250,000 driverless miles with zero Aurora Driver-attributed collisions. Aurora is commercializing an asset-light subscription model with partners such as PACCAR, Volvo, Uber Freight, Hirschbach, and AUMOVIO, while keeping ride-hailing as a longer-term second market.

Pony.ai

A

Public (NASDAQ: PONY; HKEX: 2026)

Pony.ai is a dual-listed autonomous-driving company commercializing Level 4 robotaxi, robotruck, and personally owned vehicle technology. Its mass-produced Gen-7 robotaxis run fully driverless commercial service across Chinese cities and have reached city-wide unit-economics breakeven in both Guangzhou and Shenzhen. Q1 2026 revenue jumped 145% YoY to $34.3M with robotaxi revenue up ~395%, the fleet topped 1,700 units, and the company has now raised its year-end 2026 targets to more than 3,500 robotaxis and >3.5x its 2025 robotaxi revenue.

WeRide

A

Public (NASDAQ: WRD; HKEX: 0800)

WeRide is a commercial-stage autonomous-driving company building products from Level 2 ADAS to Level 4 robotaxis, robobuses, robovans, and robosweepers. It operates or tests in 40+ cities across 12 countries, has autonomous-driving permits in eight markets, and is scaling a global robotaxi fleet of about 1,300 vehicles — including fully driverless commercial service in Dubai and public service in Singapore — with Uber, Grab, Geely Farizon, Renault, GAC, Chery, and other partners.

Archer Aviation

A

Public (NYSE: ACHR)

Archer Aviation is an electric aircraft company building Midnight, a piloted four-passenger eVTOL optimized for short, high-frequency urban trips, while also expanding into defense and powertrain sales. Archer went public in 2021, partnered with United Airlines and Stellantis, launched its commercial 'Launch Edition' program with Abu Dhabi Aviation in 2025, and entered 2026 targeting first passenger-carrying flights in the UAE and U.S. pilot programs. Archer has now passed 700 Midnight test flights, says it has completed 70% of the for-credit FAA certification flight test points using Midnight aircraft, and ended Q1 2026 with roughly $1.8B of liquidity.

Beta Technologies

A

Public (NYSE: BETA)

Beta Technologies is an electric aerospace company building the ALIA aircraft family, electric propulsion systems, charging infrastructure, batteries, and flight-critical systems for cargo, passenger, medical, and defense markets. Founded in 2017 by Kyle Clark, the company has taken a stepwise commercialization path centered on certifying its conventional ALIA CTOL aircraft first, while also scaling sales of motors, chargers, and engineering services. Beta went public on the NYSE in November 2025, generated $35.6 million of revenue in 2025, ended the year with an aircraft backlog of 891 units worth about $3.5 billion, and is using the FAA and DOT's eVTOL Integration Pilot Program to begin U.S. deployments ahead of broader commercial service.

Amazon

A

Public (NASDAQ: AMZN)

Amazon is building Amazon Leo, formerly Project Kuiper, as a low Earth orbit broadband network for customers and communities beyond the reach of existing terrestrial infrastructure. The system combines thousands of satellites with a global ground network and a three-terminal hardware lineup: Leo Nano, Leo Pro, and Leo Ultra. Amazon began enterprise preview in November 2025 and says broader service rollout will follow in 2026 as coverage and capacity increase. After LA-06 and LE-02 in late April 2026, Amazon had launched 302 production satellites, and its planned acquisition of Globalstar adds a direct-to-device path for future Leo generations.

Eutelsat OneWeb

A

Public (EPA/LSE: ETL)

Eutelsat OneWeb is the LEO connectivity business within Eutelsat Group, operating a globally deployed broadband constellation in ~1,200 km orbit. The business combines a 650+ satellite OneWeb network with Eutelsat's GEO fleet to serve government, enterprise, maritime, aviation, and telecom customers. After completing a EUR 1.5B capital raise in December 2025, Eutelsat moved into the next refresh cycle with 440 follow-on satellites procured, roughly EUR 1B of export-credit backing secured, and a central role in Europe's IRIS2 sovereign constellation program.

AST SpaceMobile

A

Public (NASDAQ: ASTS)

AST SpaceMobile is building a direct-to-cell satellite network designed to connect standard smartphones to space-based 4G and 5G service without special hardware. After proving the concept with BlueWalker 3 and launching BlueBird 1-6, the company entered 2026 with seven satellites in orbit, more than 50 mobile-network-operator partners covering nearly 3 billion subscribers, and its first meaningful revenue from gateway deliveries, MNO milestones, and government work. BlueBird 7 was lost after an April 2026 New Glenn upper-stage issue, but AST says BlueBird 8-10 are next in the queue and it is still targeting about 45 satellites in orbit by the end of 2026.

United Launch Alliance

B

Active (50/50 joint venture: Boeing & Lockheed Martin)

United Launch Alliance is Boeing and Lockheed Martin's launch-services joint venture for U.S. national security, NASA, and commercial customers. ULA says it has achieved more than 150 consecutive launches since 2006, is winding down Atlas V through Amazon's remaining Leo missions, and is shifting its long-term manifest onto the Vulcan Centaur family.

Relativity Space

B

Active

Relativity Space is building Terran R, a reusable medium-to-heavy-lift rocket aimed at commercial, government, and telecommunications missions. After flying Terran 1 as a pathfinder in 2023, the company shifted fully to Terran R and now uses a hybrid manufacturing approach that combines additive manufacturing for fast iteration with more conventional structures for scale and cost. Relativity is focused on engine qualification, integrated vehicle production, and launch-site readiness ahead of a planned late-2026 debut from Cape Canaveral.

Space Pioneer

B

Private

Space Pioneer (Beijing Tianbing Technology), founded in 2019 by former LandSpace CTO Kang Yonglai, develops kerosene-liquid oxygen rockets and engines. Its Tianlong-2 became the first privately developed Chinese liquid-propellant rocket to reach orbit (April 2023). The company's flagship is the reusable, Falcon 9-class Tianlong-3 (~17 t to LEO), built for China's satellite-internet constellations, but its April 2026 maiden flight failed about 33 seconds after liftoff. Space Pioneer has raised roughly $764M.

iSpace (Interstellar Glory)

B

Private

iSpace (Beijing Interstellar Glory Space Technology), founded in 2016 by former state rocket designer Peng Xiaobo, made history in July 2019 when its solid-fuel Hyperbola-1 became the first Chinese privately developed rocket to reach orbit. Hyperbola-1's track record has been uneven (four successes in eight flights), and the company's future now rests on Hyperbola-3, a partially reusable methane-liquid oxygen rocket sized between 8.5 and 13.4 tonnes to LEO. By April 2026, Hyperbola-3's JD-2 engines and both stages had been qualified for flight, a pathfinder was at Wenchang, and the Qinglan recovery drone ship was ready, with a first orbital flight and sea-recovery attempt targeted for 2026. iSpace is one of China's best-funded launch startups.

Orienspace

B

Private

Orienspace (Oriental Space / Dongfang Space), founded in 2020 in Yantai, builds the Gravity (Yinli) family of launch vehicles. Its solid-propellant Gravity-1 is the world's largest and most powerful solid-fuel carrier rocket — sea-launched from a barge off Haiyang and capable of 6,500 kg to LEO — with two successful flights to date (January 2024 maiden, October 2025 second). The company is now developing Gravity-2, a roughly 70-meter, partially reusable kerosene-liquid oxygen heavy-lift rocket powered by nine in-house Yuanli-110 engines and sized at over 20 tonnes to LEO, with a first flight targeted as early as 2026. Orienspace raised an $83.5M Series B in January 2024 and has been valued at roughly $823M.

Deep Blue Aerospace

B

Private

Deep Blue Aerospace (深蓝航天) is a Chinese commercial launch startup built around vertically landing, reusable kerosene–liquid oxygen rockets — positioning itself as one of China's closest analogs to early SpaceX. Founded in 2016 and headquartered in Nantong, it has flown a series of VTVL hop tests, most notably a September 2024 high-altitude flight that completed 10 of 11 objectives with ~0.5 m landing accuracy before an anomaly during the final engine shutdown damaged the stage on touchdown. The company is now preparing the maiden flight of its medium-lift Nebula-1, which can loft up to 2,000 kg to LEO on nine Thunder-R engines and is designed for first-stage recovery; the first Nebula-1A vehicle was rolled out to a new sea-recovery pad at Haiyang in March 2026 for a debut flight with a first-stage splashdown attempt. Deep Blue is also developing the much larger Nebula-2 (25,000+ kg to LEO) and has begun pre-selling suborbital space-tourism tickets for flights targeted in 2027. It has raised roughly $252M to date.

ExPace

B

State-Owned (CASIC subsidiary)

ExPace (航天科工火箭技术), also known as CASIC Rocket Technology Company, is the commercial launch arm of state-owned missile and aerospace giant CASIC (China Aerospace Science and Industry Corporation). Founded in 2016 and based in Wuhan, it markets the solid-propellant Kuaizhou ('fast vessel') family — derived from missile technology — for rapid, low-cost small-satellite launches that can be readied in hours. The workhorse Kuaizhou-1A (and its upgraded 1A Pro) has flown about 30 times, and the larger Kuaizhou-11 returned to service in 2022 and reached its fifth flight in March 2026; across all variants the family has logged roughly 38 launches. ExPace was an early mover in China's commercial sector — it famously auctioned a Kuaizhou-1A launch on Taobao for about $5.6M in 2020 — but its all-solid, expendable vehicles are increasingly challenged by reusable kerolox startups, and CASIC is pursuing larger Kuaizhou-21/-31 and reusable concepts to keep pace.

Space Epoch

B

Private

Space Epoch (箭元科技), legally Beijing Jianyuan Technology and branded 'Sepoch', is a Chinese commercial launch startup developing the Yuanxingzhe-1 ('Hiker-1') — a stainless-steel, methane–liquid oxygen, partially reusable medium-lift rocket whose sea-recovery, low-cost design draws frequent comparisons to a smaller SpaceX Starship. On May 29, 2025 it pulled off China's first sea-based vertical-takeoff/vertical-landing recovery test: a single-engine demonstrator flew a ~125-second suborbital hop to roughly 2.5 km and executed a controlled splashdown off Haiyang, Shandong, with the stainless stage recovered largely intact. Rather than build its own engines, Space Epoch buys methalox powerplants from engine maker Jiuzhou Yunjian. In January 2026 it broke ground on a 5.2 billion yuan (~$740M) sea-recovery rocket plant in Hangzhou sized for up to 25 vehicles a year, aiming to cut launch costs toward 20,000 yuan/kg. Three Yuanxingzhe-1 rockets are in production for a first orbital launch and recovery attempt targeted by the end of 2026. The company has also signed a headline-grabbing Taobao/Alibaba partnership exploring rocket-based parcel delivery and a cooperation toward a new MEO satellite constellation.

Boom Supersonic

B

Private

Boom Supersonic is building Overture, a 60-80 seat Mach 1.7 supersonic airliner aimed at restoring commercial supersonic travel on 600+ routes at business-class economics. After XB-1 became the first independently developed jet to fly supersonic and completed a 13-flight test campaign in 2025, Boom shifted fully toward Overture production infrastructure, Symphony engine development, and Superpower, a 42 MW natural-gas turbine business that uses the same core engine technology. Boom now says it has nearly $1B in funding, a 130-aircraft order book from American Airlines, United Airlines, and Japan Airlines, and a $1.25B+ launch backlog for Superpower.

Heart Aerospace

B

Private

Heart Aerospace is developing the ES-30, a 30-seat clean-sheet hybrid-electric regional aircraft for short-haul routes from smaller airports. Founded in Sweden and now headquartered in El Segundo, California, the company is following an iterative development path built around the Heart X1 and X2 prototypes while bringing more of its batteries, actuation systems, software, and hybrid-electric hardware in-house. Heart says it has raised $185M to date, secured 250 aircraft orders plus 120 options and purchase rights, and is targeting ES-30 type certification in 2029.

Lucid Motors

B

Public (NASDAQ: LCID)

Lucid Group is a Silicon Valley EV and technology company building the Lucid Air sedan and Lucid Gravity SUV around proprietary, software-defined vehicle architectures focused on range, efficiency, and performance. Under interim CEO Marc Winterhoff, Lucid is centered on scaling Gravity, expanding autonomy and robotaxi partnerships, and bringing its lower-cost midsize platform to market as it pushes toward profitability and positive free cash flow.

Telesat

B

Public (NASDAQ: TSAT / TSX: TSAT)

Telesat is a Canadian satellite operator running a legacy GEO communications business while building Telesat Lightspeed, its planned LEO network for telecom, enterprise, mobility, government, and defense users. Management says the first two production satellites remain targeted for late 2026, demand is particularly strong from government and defense customers, and full global commercial service is now expected around the end of Q1 2028. In March 2026 the company also added military Ka-band capacity to the initial 156 satellites, sharpening Lightspeed's sovereign-defense positioning.

Qianfan (千帆, also branded internationally as SPACESAIL) is China's first commercial LEO mega-constellation to enter formal network deployment. Operated by Shanghai Spacesail Technologies, the program launched its first batch in August 2024 and reached 162 satellites in orbit after the ninth 18-satellite mission on May 17, 2026. The company is targeting 324 satellites in orbit and initial global coverage during 2026, with a longer-term three-stage roadmap of 648 satellites for regional coverage, another 648 for broader global coverage, and a total constellation of nearly 15,000 satellites.

Cosmoleap

C

Private

Cosmoleap (大航跃迁), legally Dahang Yueqian Technology, is a Chinese launch startup founded in March 2024 by Chen Shuguang to build the Yueqian-1 ('Leap-1') — and notably is the first Chinese company to pursue a SpaceX Starship-style 'chopstick' tower-catch recovery instead of landing legs. The roughly 70 m-tall, 4.2 m-diameter, methane–liquid oxygen two-stage rocket is designed to lift about 18,000 kg to LEO when expended or ~12,000 kg with the first stage recovered, on a cluster of nine ~80-ton-class engines reusable up to 20 times. It initially flies the YF-209 engine sourced from CASC's Academy of Aerospace Liquid Propulsion Technology while developing its own 100-ton-class Qingyu-11 methalox engine (targeting ~150 t thrust, deep throttling, and up to 50 reuses). Cosmoleap raised roughly 100 million yuan (~$14M) in November 2024 and a 500 million yuan (~$73M) Series A in April 2026 — about 600 million yuan (~$84M) total — led by Qianhai Ark and Puhua Capital. With its design review passed and a tower-catch verification platform and drop tests underway, the company plans final assembly and integrated testing in the second half of 2026 and a debut orbital flight in 2027.