Slingshot Aerospace Funding History

Slingshot Aerospace builds software for tracking objects in orbit. Satellite operators and government agencies use its tools to monitor orbital activity and coordinate space traffic.

Company Overview

Slingshot Aerospace logo

Slingshot Aerospace

  • Data Analytics

Austin, Texas, US

Official Website

Slingshot Aerospace Funding Timeline

  1. Announced Dec 6, 2022

    Series A-2

    US$40.85 million

    Slingshot planned to expand its orbital tracking software and commercialize products including Beacon. It also disclosed a venture loan separate from the equity round.

    Led by Sway Ventures. Participation included ATX Venture Partners, Lockheed Martin Ventures, Valor Equity Partners, Draper Associates.

    Source · satellitetoday.com ↗
  2. Announced Mar 10, 2022

    Series A-1

    US$25 million

    Slingshot said the extension would help commercialize products including Beacon, a tool that lets satellite operators coordinate to avoid collisions.

    Led by Draper Associates, ATX Venture Partners. Participation included Edison Partners, Embedded Ventures, Valor Equity Partners, Lockheed Martin Ventures, Revolution's Rise of the Rest Fund, Okapi Venture Capital.

    Source · slingshot.space ↗
  3. Oct 2020

    Series A

    US$9.6 million

    Slingshot disclosed the October financing retrospectively in its Series A-1 announcement, which separated the original raise from the later extension.

    Led by ATX Venture Partners, Draper Associates.

    Source · slingshot.space ↗
  4. Announced Apr 17, 2019

    Seed

    US$5 million

    ATX Venture Partners led the seed financing, and Revolution’s Rise of the Rest Seed Fund joined as a new investor.

    Led by ATX Venture Partners.

    Source · satellitetoday.com ↗

Slingshot Aerospace Founding Team

US Air Force veterans Melanie Stricklan and Thomas Ashman co-founded Slingshot Aerospace with David Godwin. Stricklan served as CEO and Ashman led product. The company uses data analysis to help operators track satellites and manage activity in orbit.

Slingshot Aerospace Products

  • Slingshot Space Domain Awareness

    Track objects in orbit to support coordination of space traffic.

Slingshot Aerospace Company Development

Keeping Track of Activity in Orbit

Slingshot's orbital analytics helps operators interpret objects and activity in space. Its coordination software applies that information to operational decisions, where two organizations may need to act on the same change in orbital conditions.

Slingshot Aerospace Competitive Landscape

An Operator Workflow Beyond Orbit Data

A feed can tell an operator where an object has been observed. Coordination tools serve the next step: deciding what an observation means for a mission and sharing that information with the other parties who may need to respond.