What ATSPACE does

ATSpace is a privately funded Australian space technology company founded in 2021 that develops hybrid rocket propulsion systems and a diversified portfolio of aerospace hardware and manufacturing services. The company builds and operates the Kestrel launch vehicle family — Kestrel I, a two-stage suborbital sounding rocket with 150 kg payload capacity to 350 km, and Kestrel V, a three-stage orbital vehicle targeting up to 390 kg to LEO and 350 kg to SSO — alongside a lineup of UAVs (A-2, A-5, A-30, L-100), metal 3D printing services using SLM/PBF technology, and Type 3 / Type 4 carbon fiber composite hydrogen storage tanks rated to 700 bar. Core technology is the in-house Kestrel hybrid rocket engine, which pairs safe hybrid propellants with thrust throttling and additive-manufactured components, supplemented by proprietary carbon fiber winding processes (Dry/Towpreg and Wet) and powder-bed metal additive manufacturing that the company reports achieving 99.995% part density.

The company conducts its manufacturing and operations from its Brisbane, Queensland headquarters (Willawong) and is a founding tenant of the Australian Space Park in Adelaide, South Australia. On 27 November 2025, ATSpace successfully launched its A01 hybrid rocket from Southern Launch's Koonibba Test Range, reaching approximately 80 km altitude and marking the first flight validation of its hybrid propulsion system. The business model is direct B2B enterprise sales with no intermediary channels: revenue streams include dedicated and rideshare launch services to satellite operators and defense customers, contract metal 3D printing for aerospace and industrial clients, hardware sales of hydrogen storage tanks for hydrogen-economy and transportation buyers, and drone sales for cargo, surveillance, and surveying applications. Pricing is quote-based and negotiated per mission or per part rather than publicly disclosed, and the company's customer base is not publicly itemized.

Name

ATSPACE

Legal name

ATSpace

Website

https://atspace.com.au

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

ATSpace is a privately funded Australian space technology company founded in 2021 that develops hybrid rocket propulsion (Kestrel I/V launch vehicles), drones, metal 3D printing services, and 700-bar composite hydrogen storage tanks for satellite operators, defense customers, and industrial buyers.

Ownership category

akta.pro rank

Product category

Aerospace and Space Launch Services

NAICS

Guided Missile and Space Vehicle Manufacturing (336414), Guided Missile and Space Vehicle Propulsion Unit and Propulsion Unit Parts Manufacturing (336415)

SIC

Guided Missiles & Space Vehicles & Parts (3760), Aircraft Parts & Auxiliary Equipment, Nec (3728)

akta.pro primary industry

Launch Vehicles & Orbital Rockets (IMABACAA)

akta.pro secondary industries

Space Structures, Mechanisms & Thermal Control (IMABACAF), Electric & Hybrid-Electric Propulsion (eVTOL/Regional) (IMABADAH)

Keywords

• Hybrid rocket propulsion
• Orbital launch services
• Metal additive manufacturing
• Hydrogen storage tanks
• Carbon fiber composites

Headquarters

HQ city

Adelaide

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Dedicated Launch Services: Direct orbital delivery services providing customers with their own dedicated launch missions, choosing orbit, rocket, and launch schedule.
2. Rideshare Missions: Frequent and reliable rideshare mission launches where customers share launch costs while achieving their target orbits.
3. Metal 3D Printing Manufacturing Services: Custom metal additive manufacturing using PBF/SLM technology for aerospace, transportation, industrial applications, and MRO parts.
4. Hydrogen Storage Tanks: Carbon fiber composite winding storage tanks for hydrogen, oxidizers, and fluid storage applications.
5. Drone Systems: A-series eVTOL drones for cargo, surveillance, surveying applications.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

ATSpace develops hybrid rocket propulsion systems and provides dedicated and rideshare launch services globally through its Kestrel launch vehicle family (Kestrel I suborbital, Kestrel V orbital). The company also sells a line of A-series eVTOL drones for cargo and surveillance, manufactures Type 3 and Type 4 carbon fiber composite hydrogen storage tanks rated at 700 bar, and offers contract metal additive manufacturing (SLM/PBF) services for aerospace, transportation and consumer electronics components.

Product overview

AtSpace is a privately-funded Australian space technology company founded in 2021, offering a diversified portfolio of aerospace products and manufacturing services. The core offerings include: (1) Dedicated Launch Services featuring the Kestrel hybrid rocket engine and Kestrel launch vehicle family (Kestrel I for suborbital missions and Kestrel V for orbital missions reaching LEO/SSO), enabling customers to choose orbit, rocket, and launch schedule; (2) A family of UAV/drone products (A-2, A-5, A-30, and L-100) for cargo, surveillance, and surveying applications with autonomous navigation capabilities; (3) Metal 3D Printing Services using SLM/PBF technology spanning applications from aerospace components to consumer electronics, offered alongside specialized sub-products for industrial heat transfer, lightweight structures, microstructures, component optimization, and MRO parts; and (4) Composite Materials and Hydrogen Tanks including carbon fiber winding technology, Type 3 & Type 4 hydrogen bottles rated for 700 bar, and inner liner molding techniques. The company leverages hybrid rocket propulsion systems with guidance, navigation, control, and telemetry capabilities to provide responsive, cost-efficient space access.

Differentiator

Problem solved

Functional benefit

Brands

• Kestrel: Hybrid rocket launch vehicle family including Kestrel I (suborbital sounding rocket) and Kestrel V (orbital launch vehicle)
• A01
• A-2
• A-5
• A-30
• L-100

Products and services

• Kestrel I Suborbital Launch Vehicle Two-stage multi-function sounding rocket with maximum altitude of 350 km, maximum payload mass of 150 kg, takeoff gross weight of 3,036 kg, and takeoff thrust of 7,920 kgf. Used for suborbital missions and customer payload flights.
• Kestrel V Orbital Launch Vehicle

Quantifiable outcome

• 4x faster product development cycles compared to traditional manufacturing
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Koonibba Community Aboriginal CorporationminorStrategic or Co-development Partner · 27 November 2025ATSpace conducted A01 launch at Southern Launch's Koonibba Test Range, developed in partnership with Koonibba Community Aboriginal Corporation. Over 30 community members contributed skills and energy throughout the launch campaign.
• Southern LaunchcoreStrategic or Co-development Partner · 1 January 2022Strategic collaboration for rocket launches from Southern Launch's Whalers Way Orbital Launch Complex. ATSpace's Kestrel I rocket launches from this site. Southern Launch CEO Lloyd Damp highlighted the partnership for sovereign end-to-end space capability. Australian government has granted approvals for multiple launches.
• Inovor TechnologiescoreStrategic or Co-development Partner · 1 January 2022MoU collaboration to launch Inovor's spacecraft on ATSpace's Kestrel I rocket. Inovor will design and manufacture mission-specific spacecraft, gaining flight heritage. Partnership supports sovereign Australian space capability.
• AsensioncoreStrategic or Co-development Partner · 1 January 2022MoU partnership to launch Asension's electronic warfare payload on Inovor's spacecraft via ATSpace rocket. Asension CEO Ian Spencer highlighted the strength of South Australian space industry collaboration.
• Q-CTRLcoreStrategic or Co-development Partner · 1 January 2021Founding tenant at Australian Space Park in Adelaide. Q-CTRL is expanding into South Australia to build satellites and bring test payloads to orbit. ATSpace provides launch capabilities supporting Q-CTRL's satellite constellation objectives.
• Fleet Space TechnologiescoreStrategic or Co-development Partner · 1 January 2021Founding tenant at Australian Space Park. Fleet Space Technologies and ATSpace collaborate on satellite manufacturing and bringing test payloads to orbit. The partnership supports Fleet's vertical integration goals.
• Alauda AeronauticsminorStrategic or Co-development Partner · 1 January 2021Founding tenant at Australian Space Park in Adelaide alongside ATSpace.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Alauda Aeronautics: Australian eVTOL and aerial mobility company, co-tenant at Australian Space Park. Comparable in drone/eVTOL product line but primarily focused on passenger rather than cargo applications.

Direct peers

• Skyrora: UK-based small launch vehicle developer with suborbital test heritage. Comparable in stage and smallsat launch focus.
• Gilmour Space Technologies: Australian hybrid-propulsion small launch vehicle developer (Eris rocket). Most directly comparable to ATSpace in geography, propulsion choice, and smallsat focus.
• Rocket Lab: Operating smallsat launch provider (Electron, Neutron) with mature flight heritage and revenue. Direct competitor in the dedicated smallsat launch market ATSpace targets.
• PLD Space: Spanish smallsat launch startup developing Miura rockets. Comparable stage, target market, and suborbital-to-orbital trajectory.
• Firefly Aerospace: Small-to-medium launch vehicle developer (Alpha, MLV) serving similar smallsat and government customers. Comparable in scale and target segment.

Broad incumbents

• SpaceX: Dominant orbital launch provider with Starlink rideshare and Falcon 9 services. Sets the commercial pricing baseline and rideshare capacity that ATSpace's orbital ambitions must compete with or differentiate from.

Emerging players

• Relativity Space: Additive-manufacturing-driven launch vehicle developer (Terran series). Overlaps with ATSpace's metal 3D printing + rocket strategy but at much larger scale.

Others

• Inovor Technologies: Australian smallsat bus manufacturer partnered with ATSpace for spacecraft integration. Customer/partner rather than competitor; adjacent in the sovereign Australian space value chain.
• Southern Launch: Australian orbital launch site operator (Whalers Way, Koonibba). Provides the launch infrastructure ATSpace depends on — infrastructure provider in the ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/hybrid-rocket-atspace

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ATSPACE