Skyrora
Financials
Estimates*
GBP | 2020 | 2021 | 2022 |
---|---|---|---|
Revenues | 3.9m | 15.2m | 25.1m |
% growth | - | 291 % | 65 % |
Profit | (4.5m) | (6.3m) | 1.8m |
% profit margin | (115 %) | (41 %) | 7 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
N/A | N/A | Seed | |
$5.9m | Seed | ||
N/A | £4.5m | Seed | |
N/A | £25.5m | Series A | |
£2.5m | Grant | ||
* | £2.5m | Grant | |
£450k | Grant | ||
Total Funding | €47.9m |
Recent News about Skyrora
EditSkyrora Limited is a UK-based aerospace company focused on reducing the cost of space launches through innovative technology inspired by the historic BLACK ARROW program. The company specializes in manufacturing launch vehicles and providing payload integration services, ensuring clients have full control over their journey to space without delays caused by co-passengers. Skyrora operates in the space launch market, primarily serving satellite operators and other entities requiring orbital and suborbital launch services. The business model revolves around the production and launch of rockets, utilizing advanced hybrid 3D printing technology to manufacture engine parts, which enhances efficiency and reduces costs. Revenue is generated through the sale of launch services and related space solutions, including the Space Tug for in-orbit satellite servicing. Skyrora's operations are based in the UK, with a significant emphasis on sustainability and innovation in aerospace manufacturing.
Keywords: aerospace, launch vehicles, 3D printing, payload integration, satellite services, UK-based, BLACK ARROW, Space Tug, sustainability, innovation.