Sector Brief

Rockets

Companies building launch vehicles to deliver payloads to orbit and beyond.

State of the Industry

Updated 2026-10-18

21 Companies

Blue Origin logo

Blue Origin

Private

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.

2000 · 🇺🇸 Kent, Washington

CAS Space logo

CAS Space

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.

2018 · 🇨🇳 Guangzhou, Guangdong, China

CASC logo

CASC

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.

1999 · 🇨🇳 Beijing, China

Cosmoleap logo

Cosmoleap

Private

Cosmoleap (大航跃迁) is a Chinese launch startup founded in February 2024 by Chen Shuguang.

2024 · 🇨🇳 Shanghai and Beijing, China

Deep Blue Aerospace logo

Deep Blue Aerospace

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.

2016 · 🇨🇳 Wuxi, Jiangsu, China

Firefly Aerospace logo

Firefly Aerospace

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.

2014 · 🇺🇸 Leander, Texas

Galactic Energy logo

Galactic Energy

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.

2018 · 🇨🇳 Beijing, China

Isar Aerospace logo

Isar Aerospace

Private

Isar Aerospace is a Munich-area launch company that on September 5, 2026 became the first privately developed European rocket maker to reach orbit, and the first to do so from continental Europe.

2018 · 🇩🇪 Ottobrunn, Germany

iSpace (Interstellar Glory) logo

iSpace (Interstellar Glory)

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.

2016 · 🇨🇳 Beijing, China

Kuaizhou Aerospace logo

Kuaizhou Aerospace

Majority Wuhan State-Owned (formerly CASIC-controlled; IPO-track)

Kuaizhou Aerospace (快舟航天空间科技), founded in 2016 in Wuhan as CASIC's commercial launch arm under the name ExPace (航天科工火箭技术), 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.

2016 · 🇨🇳 Wuhan, Hubei, China

LandSpace logo

LandSpace

Private (Shanghai STAR Market IPO filed)

LandSpace (Beijing LandSpace Technology) is China's leading commercial rocket company and, through satellite affiliate Hongqing Technology, a would-be constellation operator.

2015 · 🇨🇳 Beijing, China

Orienspace logo

Orienspace

Private

Orienspace (Oriental Space / Dongfang Space), founded in 2020 in Yantai, builds the Gravity (Yinli) family of launch vehicles.

2020 · 🇨🇳 Yantai, Shandong, China

Relativity Space logo

Relativity Space

Private

Relativity Space, led by CEO Eric Schmidt, is building Terran R, a reusable medium-to-heavy-lift rocket aimed at commercial, government, national-security, and telecommunications missions, and is privately developing the spacecraft for NASA's Aeolus Mars orbiter.

2015 · 🇺🇸 Long Beach, California

Rocket Lab logo

Rocket Lab

Public (NASDAQ: RKLB)

Rocket Lab is an end-to-end space company spanning launch, hypersonic test launch, spacecraft, payloads, satellite components, laser optical communications, and space robotics, with total headcount reaching 3,217 by the end of Q2 2026 after the Mynaric and Motiv acquisitions.

2006 · 🇺🇸 Long Beach, California

Skyroot Aerospace logo

Skyroot Aerospace

Private

Skyroot Aerospace builds small-satellite launch vehicles in Hyderabad and on July 18, 2026 became the first private Indian company to reach orbit, making India the third country after the United States and China with a privately developed orbital launcher.

2018 · 🇮🇳 Hyderabad, India

Space Epoch logo

Space Epoch

Private

Space Epoch (箭元科技), legally Beijing Jianyuan Technology and branded 'Sepoch', is a Chinese commercial launch startup founded by Wei Yi (a former CALT and i-Space/Interstellar Glory engineer) to develop 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.

2019 · 🇨🇳 Beijing, China

Space Pioneer logo

Space Pioneer

Private

Space Pioneer (Beijing Tianbing Technology), founded in 2019 by former LandSpace CTO Kang Yonglai, develops kerosene-liquid oxygen rockets and engines from a Fengtai, Beijing campus.

2019 · 🇨🇳 Beijing, China

SpaceX logo

SpaceX

Public (NASDAQ: SPCX)

SpaceX designs reusable rockets and spacecraft, operating Falcon 9, Falcon Heavy, Dragon, Starlink, and Starshield while developing Starship.

2002 · 🇺🇸 Starbase, Texas

Stoke Space logo

Stoke Space

Private

Stoke Space is a Kent, Washington rocket company developing fully and rapidly reusable launch vehicles.

2019 · 🇺🇸 Kent, Washington

United Launch Alliance logo

United Launch Alliance

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

United Launch Alliance is Boeing and Lockheed Martin's launch-services joint venture.

2006 · 🇺🇸 Denver, Colorado

Also in this industry

/ Upcoming Milestones

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Execute SDA satellite programs after passing TRKT3 SRR

Build and deliver the 18-spacecraft Tracking Layer Tranche 3 constellation for the Space Development Agency under Rocket Lab's $1.3B SDA prime work. The May 27, 2026 System Requirements Review remains the last publicly confirmed milestone; as of September 13, 2026 no Preliminary or Critical Design Review has been announced, with those the next gates ahead of spacecraft delivery. Mynaric CONDOR Mk3 laser links are produced in-house.

2026-2027

Sustain Electron cadence toward the 100th launch

With 96 Electron missions flown through the September 19, 2026 'Owl By The Dozen' dedicated Synspective StriX-12 launch (Rocket Lab's 17th launch of 2026), sustain Electron's record 2026 tempo across commercial, civil, and defense customers toward the company's 100th launch milestone. Remaining constellation bookings include iQPS (9 dedicated missions remaining on its total 18-launch Electron bookings, running through 2030) and Synspective (further missions booked to complete that constellation by decade's end). A HawkEye 360 Electron mission is listed no earlier than September 30, 2026.

2026

Convert backlog into higher launch cadence

Turn a record $2.36B of backlog (as of Q2 2026) into higher Electron and HASTE flight tempo across constellation, agency, national-security, and hypersonic missions; Rocket Lab guided to another record revenue quarter in Q3 2026 and reported more than $1B in additional new contracts signed since the quarter closed. The new GHOST containerized launch system, unveiled August 10, 2026 with its first site at Kodiak, Alaska, is aimed directly at expanding cadence for responsive and national-security missions.

2026-2028

Build & launch the first GEO satellites for U.S. Space Force

Design, build, integrate, and operate two geostationary satellites hosting the Heimdall space domain awareness payload under a $90M Space Systems Command contract - Rocket Lab's first GEO satellite production program. No public schedule update (PDR/CDR/delivery date) has been announced since the May 21, 2026 award as of September 13, 2026.

2026-2028

Blue Ring first operational mission

Launch the first full Blue Ring mission, expected to become the first fully commercial GEO space-domain-awareness mission, carrying Optimum Technologies' Caracal sensor with Scout Space's Owl payload and internal payloads. Blue Origin has integrated the flight vehicle's primary structure, internal harnessing, and core propulsion module, but launch timing remains gated by New Glenn's return to flight after the LC-36 explosion; reverified September 12, 2026, no firmer date has been reported, though NASA's Sept 1 award of a Blue Ring-based Mars Telecommunications Orbiter (delivery by Dec 31, 2028) adds a second Blue Ring-derived flight in the same window.

2026-2027

Scale SciTec Golden Dome SBI work

Execute SciTec's Space-Based Interceptor OTA under U.S. Space Force Space Systems Command, building software, sensing, and AI for the Golden Dome space-based missile defense layer, with capability integrated into the architecture targeted by 2028. SciTec's other Space Force work (CBC2 data fusion and the $93.7M GBARD radar-digitization OTA) remains in execution; Firefly has posted no new Golden Dome contract update since the May 4, 2026 SBI announcement.

2026-2028

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