HALO Space
HALO Space is a Spain-based near-space tourism company developing zero-emission helium stratospheric balloon flights to 35 km aboard its pressurized Aurora capsule, targeting high-net-worth adventure travelers with $165,000 per-seat tickets ahead of planned 2026 commercial launch from Saudi Arabia.
- Company typePrivate
- Founded2021
- HeadquartersMadrid, Spain
- Headcount1–10
- GTM typeB2C
- OfferingServices
What HALO Space does
HALO Space is a Spain-based near-space tourism company founded in 2021 that sells stratospheric balloon flights carrying paying passengers to altitudes of up to 35 km aboard its pressurized "Aurora" capsule. The core technology stack consists of a zero-pressure helium stratospheric balloon (140 m long, 130 m diameter at peak) connected via a flight train to the Aurora capsule — a pressurized, ECLSS-equipped spacecraft seating one pilot and eight passengers, featuring 1.9 m² panoramic windows, a steerable parachute descent system with three redundant parachutes, and mission planning and real-time monitoring handled by GMV's ground control infrastructure. The capsule interior was designed by Frank Stephenson (former Ferrari, McLaren, Maserati designer), targeting a luxury private-jet experience.
The business model is a direct-to-consumer, trust-first waitlist approach with two revenue streams: (1) per-seat flight tickets priced at €150,000 ($165,000) for a 6-hour voyage, and (2) a separately sold 7-day bespoke ground experience in Saudi Arabia with variable pricing. The company has not yet opened bookings or generated revenue; it is currently running an extensive test flight program (six completed tests as of 2024, with 20+ planned through crewed and commercial readiness). Its target customer is high-net-worth adventure travelers (aged 18+) who seek a transformative "Overview Effect" experience without rocket-derived G-forces, weightlessness, or specialized training.
Commercial operations are targeted for 2026, beginning from a first base in Saudi Arabia, followed by planned bases in Australia, Spain, and the United States. The company is pre-revenue, holds a small (1–10 person) core team in Madrid supplemented by Tier 1 aerospace partners (Aciturri, CT/Composites Technology, GMV, B2SPACE), and has raised approximately $1.5 million in disclosed seed funding to date.
HALO Space firmographics
Firmographics- Name
- HALO Space
- Legal name
- HALO SPACE, S.L.
- Website
- https://halospaceflight.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- HALO Space is a Spain-based near-space tourism company developing zero-emission helium stratospheric balloon flights to 35 km aboard its pressurized Aurora capsule, targeting high-net-worth adventure travelers with $165,000 per-seat tickets ahead of planned 2026 commercial launch from Saudi Arabia.
- Ownership category
- akta.pro rank
HALO Space industry classification
Industry- Product category
- Space Tourism
- NAICS
- Air Transportation (481), Other Nonscheduled Air Transportation (481219), Tour Operators (56152)
- akta.pro primary industry
- Scenic & Sightseeing Helicopter Tours (THABAGAE)
- akta.pro secondary industry
- VIP/Executive Helicopter Transport (THABAGAH)
Keywords
Where HALO Space is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Offices2 records
Markets served
HALO Space business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Stratospheric Flight Tickets: HALO Space sells individual seats on 6-hour stratospheric flights aboard the Aurora capsule. The ticket price is €150,000 ($165,000) per person. No deposit is required to join the waitlist; bookings open once the program reaches technical maturity and regulatory approval.
- Bespoke Ground Experience (7-Day Immersive): A 7-day curated journey in Saudi Arabia surrounding the flight, including premium lodging, fine dining, and curated excursions. Pricing varies based on customization and preferences. Ground experiences are sold separately from the flight ticket, allowing customers to personalize their journey. HALO's team crafts itineraries tailored to individual interests.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Flight Experience — €150,000 ($165,000) per seat |
| Other | Pay-as-you-go | Immersive 7-Day Experience — Variable pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
HALO Space product offering
Product offeringCore offering
HALO Space develops and operates a near-space stratospheric balloon tourism experience, lifting a pressurized capsule (Aurora) with up to 8 passengers plus a pilot to 35 km altitude via a zero-emission helium balloon. The 6-hour journey delivers the Overview Effect with panoramic views of Earth's curvature, complemented by a customizable 7-day luxury ground experience in Saudi Arabia.
Product overview
HALO Space is a near-space tourism company offering stratospheric balloon flights aboard the Aurora spacecraft. The core offering consists of the Aurora pressurized capsule (capacity: 8 passengers + 1 pilot) lifted by helium balloons to 35 km altitude, providing a 4-6 hour journey with panoramic views of Earth's curvature. The Flight Experience is the primary product, while the Ground Experience provides a 7-day immersive pre-flight journey including cultural activities in Saudi Arabia. Multiple operational bases are planned across Saudi Arabia, Australia, Spain, and the USA. The company operates a rigorous test flight program (20+ flights planned) before commercial operations launch in 2026, with tickets priced at $165,000 per seat.
Differentiator
Problem solved
Functional benefit
Products and services
- Flight Experience A 4-6 hour stratospheric voyage aboard the Aurora spacecraft ascending to 35 km altitude. Passengers experience the Overview Effect, viewing Earth's curvature, sunrise from space, and panoramic views through 1.9 m² windows. No special training required. Priced at €150,000 ($165,000) per seat.
- Ground Experience A 7-day immersive journey including cultural activities, fine dining, and curated excursions in Saudi Arabia. Allows the technical team to select the optimal flight day while passengers explore local landscapes and culture. Pricing varies based on customization; sold separately from the flight ticket.
- Free Virtual Waitlist Free virtual waitlist that allows interested customers to receive updates on HALO Space's progress and be notified when booking opportunities become available. No deposit or payment required to join.
Quantifiable outcome
- Zero combustion emissions from flight operations
- +5 more outcomes
Companies that use HALO Space
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
HALO Space technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
HALO Space partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- Tata Institute of Fundamental ResearchcoreHALO Space conducted its first test flight in December 2022 at the Tata Institute of Fundamental Research in Hyderabad, India. This collaboration validated HALO's stratospheric balloon systems, with the in-line safety parachute deploying effectively at 37 km altitude and the full-scale capsule performing stably throughout the flight. The partnership provided access to world-class research facilities and expertise.
- AciturricoreAciturri, a leading Tier 1 supplier for Airbus, is responsible for the capsule structure and manufacturing of HALO Space's Aurora spacecraft. Their extensive facilities and expertise ensure precision and innovation in manufacturing critical aerospace components to the highest safety standards and quality.
- B2SPACEcoreB2SPACE is a leader in providing reliable low orbital access for small satellites and pioneering new technologies including High-Altitude Pseudo-Satellites (HAPS). Their extensive expertise in stratospheric operations supports HALO Space's development of near-space missions and balloon systems.
- CT (Composites Technology)coreCT is the sole Spanish supplier of product engineering, manufacturing, and customer service for Airbus worldwide, with over 35 years of expertise. For HALO Space, CT engineered the spacecraft and serves as the system integrator, ensuring seamless operation with the highest safety and reliability standards.
- Frank Stephenson DesigncoreFrank Stephenson Design, the renowned London studio celebrated for transformative work in mobility and design (Ferrari FXX, McLaren P1, Maserati, BMW), is crafting HALO Space's interior and user interface to deliver an unparalleled and luxurious passenger experience in the Aurora capsule.
- GMVcoreGMV is a prestigious leader in space ground control, supporting global space missions with advanced systems. With over 2,200 experts and installations across five continents, GMV provides mission planning and ground control for HALO Space, ensuring proven and reliable mission planning and operational excellence.
- Undisclosed Descent & Landing System PartnercoreA confidential expert in precision aerial delivery provides HALO Space with steerable parachutes, leveraging extensive experience with systems handling heavy loads. Their trusted technology is used for critical military, humanitarian, and space recovery missions, ensuring unparalleled safety and precision in the descent and landing system.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
HALO Space competitors and assessment
Company assessmentDirect peers
- Space Perspective: Space Perspective offers stratospheric balloon tourism flights with its Spaceship Neptune capsule, making it the closest direct competitor to HALO Space in technology, customer base (luxury adventure travelers), and price point.
- World View: World View is developing stratospheric balloon-based experiences (Voyager) for tourism and research, directly competing with HALO Space in near-space balloon tourism with a similar altitude and target customer profile.
- Zero 2 Infinity: Zero 2 Infinity is a Spanish-based stratospheric balloon company developing near-space access and small-satellite launch services, sharing HALO's helium-balloon technology stack and Iberian industrial ecosystem.
Emerging players
- Sceye: Sceye develops high-altitude platform station (HAPS) stratospheric balloons for connectivity and earth observation, with overlapping balloon and station-keeping technology relevant to HALO's stratospheric platform ambitions.
- B2SPACE: B2SPACE is a Spanish stratospheric balloon specialist focused on HAPS and small-satellite access; it is also a listed HALO Space technology partner, giving it both a peer and supplier relationship to HALO's balloon program.
Broad incumbents
- Blue Origin: Blue Origin operates the New Shepard suborbital rocket for space tourism, competing with HALO Space for the same ultra-high-net-worth customer base but at a much higher price point and using fundamentally different propulsion technology.
- Virgin Galactic: Virgin Galactic offers suborbital spaceflight experiences on VSS Unity to the same luxury adventure-traveler segment HALO targets, serving as a higher-priced rocket-based incumbent reference point in commercial space tourism.
Others
- Aerostar (Raven Aerostar): Aerostar is a leading manufacturer of stratospheric balloons and HAPS platforms for defense and commercial customers, representing a key supplier-adjacent peer whose technology underpins much of the stratospheric balloon industry including HALO's.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
HALO Space social profiles
Digital presenceHALO Space compliance and trust
Trust signalCompliance3 records
HALO Space financial estimates
Financial estimateRevenue estimate
Valuation estimate
HALO Space leadership team
Management profileNumber of profiles
Profiles14 records
HALO Space funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HALO Space M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HALO Space
What does HALO Space do?
HALO Space develops and operates a near-space stratospheric balloon tourism experience, lifting a pressurized capsule (Aurora) with up to 8 passengers plus a pilot to 35 km altitude via a zero-emission helium balloon. The 6-hour journey delivers the Overview Effect with panoramic views of Earth's curvature, complemented by a customizable 7-day luxury ground experience in Saudi Arabia.
Is HALO Space a public or private company?
HALO Space is a private company. It is classified as venture growth investor backed and is currently operating.
When was HALO Space founded?
HALO Space was founded in 2021. It employs 1 to 10 people.
Where is HALO Space based?
HALO Space is headquartered in Madrid, Spain, in the Europe region.
How does HALO Space make money?
Two revenue lines are on record. Stratospheric Flight Tickets are the primary driver. The others are bespoke Ground Experience (7-Day Immersive).
Who are HALO Space's main competitors?
Direct peers on record are Space Perspective, World View and Zero 2 Infinity. Emerging players are Sceye and B2SPACE. Broad incumbents are Blue Origin and Virgin Galactic. Aerostar (Raven Aerostar) is listed as an others.
Does HALO Space have an API?
No public API is recorded for HALO Space.
What industry is HALO Space in?
HALO Space's product category is Space Tourism. Its primary akta.pro industry code is THABAGAE, Scenic & Sightseeing Helicopter Tours, with a secondary code of THABAGAH, VIP/Executive Helicopter Transport. Its NAICS code is 481.