The Top 50 Space Companies to Watch in 2026

Updated follow-up: a lot has changed since this list was published in March, including the SpaceX IPO, a record funding wave, and a small-cap shakeout. Read the fully rebuilt mid-year edition: The Top 50 Space Companies to Watch in the 2nd Half of 2026.

The space industry is no longer a handful of government contractors and a couple of billionaire-backed startups. In 2026, the $630+ billion global space economy is powered by hundreds of companies across launch, satellites, defense, manufacturing, and emerging sectors like in-space servicing and space tourism. Here are the 50 most important space companies to watch in 2026, the organizations shaping the future of the industry.

Launch Providers

Access to space is the foundation of the entire industry. These companies build and operate the rockets that get everything else into orbit.

1. SpaceX

The dominant force in commercial launch. SpaceX conducted 165 Falcon 9 missions in 2025, operates the world's largest satellite constellation (Starlink, about 11,000 active satellites in September 2026), and is developing Starship, the largest and most powerful rocket ever built. It went public in June 2026. SpaceX's vertical integration, reusability leadership, and sheer launch cadence make it the single most important company in the space industry. Rather than a separate Starlink IPO, the whole company listed on Nasdaq as SPCX on June 12, 2026, in the largest IPO in history.

2. Rocket Lab

The second most frequently launched U.S. orbital rocket (Electron) and a rapidly growing space systems business. Rocket Lab is developing the Neutron medium-lift rocket to compete directly with Falcon 9 for constellation deployment and national security missions. CEO Peter Beck has built an end-to-end space company: launch, spacecraft buses, components, and mission operations. Publicly traded as RKLB, it's the top-performing space SPAC graduate.

3. Blue Origin

Jeff Bezos's New Glenn heavy-lift rocket achieved its maiden flight in early 2025 and is now ramping toward operational cadence. Blue Origin also operates the New Shepard suborbital vehicle for tourism, supplies BE-4 engines to ULA's Vulcan Centaur, and is building a commercial space station (Orbital Reef) and an Artemis lunar lander. With Bezos's deep pockets, Blue Origin is playing a long game.

4. Relativity Space

Pioneering 3D-printed rockets with the Terran R medium-lift vehicle. Relativity's approach, printing 85%+ of the rocket using proprietary Stargate metal 3D printers, could drastically reduce manufacturing timelines and costs. Backed by over $1.3 billion in funding, Terran R is designed to compete with Falcon 9 for commercial and government payloads.

5. Firefly Aerospace

Operates the Alpha small-launch vehicle and is developing the MLV (Medium Launch Vehicle) in partnership with Northrop Grumman. Firefly's ability to serve both small dedicated missions and larger constellation deployment payloads makes it a versatile player. The company holds significant U.S. government contracts including a NASA CLPS lunar lander mission.

6. Astra / Stoke Space / ABL Space

The small-launch market remains intensely competitive. Stoke Space stands out with its fully reusable small launch vehicle design, a technical approach that, if successful, could reshape the economics of small satellite access. Several other small-launch startups continue to iterate on their vehicles.

7. Arianespace / ArianeGroup

Europe's flagship launch provider is transitioning from Ariane 5 to Ariane 6, which completed its maiden flight in 2024. Ariane 6 is critical for European launch autonomy, serving both institutional (ESA, EU) and commercial customers. The company also operates the Vega-C small launcher.

Satellite Operators & Services

These companies build, operate, and derive revenue from satellites, the workhorses of the space economy.

8. Planet Labs (PL)

Operates the largest fleet of Earth observation satellites: over 200 Dove, SkySat, and Tanager satellites imaging the entire land surface of Earth daily. Planet's data feeds agriculture, forestry, defense, insurance, and climate monitoring applications. Publicly traded, Planet is a leader in making space data accessible.

9. Spire Global (SPIR)

Operates a constellation of 100+ nanosatellites collecting radio occultation weather data, ship tracking (AIS), and aircraft tracking (ADS-B). Spire's space-as-a-service model allows customers to deploy custom payloads on its satellite bus.

10. Maxar Technologies

Now part of Advent International (acquired 2023), Maxar is a leading provider of high-resolution commercial Earth imagery and geospatial intelligence. Its WorldView Legion constellation represents the next generation of sub-30cm resolution commercial imaging.

11. BlackSky Technology (BKSY)

Combines a growing constellation of high-revisit imaging satellites with an AI-powered analytics platform (Spectra AI). BlackSky's focus on real-time intelligence and automated monitoring makes it a key player in the geospatial analytics market, particularly for defense and intelligence customers.

12. AST SpaceMobile (ASTS)

Building the world's first space-based cellular broadband network designed to connect directly to unmodified smartphones. AST's BlueWalker 3 test satellite demonstrated the concept, and the company is deploying its first commercial BlueBird satellites with the largest-ever commercial phased array antennas. If successful, AST could connect 5+ billion existing phones to satellite broadband.

13. Iridium Communications (IRDM)

Operates the only satellite constellation providing truly global coverage (including poles). Iridium's 66-satellite LEO constellation supports voice, data, and IoT services used by maritime, aviation, military, and emergency services worldwide. The company is exploring its Iridium NEXT 2.0 follow-on constellation.

14. Viasat (VSAT)

Following its acquisition of Inmarsat, Viasat operates a hybrid GEO-LEO network serving aviation, maritime, government, and residential broadband. The ViaSat-3 constellation of high-capacity GEO satellites is entering service, each providing 1+ Tbps of throughput.

15. SES

Luxembourg-based SES operates a fleet of GEO and MEO satellites, including the O3b mPOWER MEO constellation delivering low-latency, high-throughput connectivity. SES serves telcos, governments, maritime, and aviation customers globally.

Defense & National Security

Space is now a warfighting domain. These companies build the satellites, sensors, and systems that protect national security interests.

16. Anduril Industries

Palmer Luckey's defense technology company is rapidly expanding into space-based surveillance and autonomous systems. Anduril's Lattice AI platform and its growing portfolio of autonomous drones and sensors position it as a next-generation defense prime. The company is competing for contracts under programs like Golden Dome and the SDA's proliferated LEO architecture.

17. L3Harris Technologies (LHX)

A top-5 defense contractor with deep space heritage. L3Harris builds missile warning satellites, weather satellites, and ISR payloads for the Space Force and intelligence community. The company's acquisition of Aerojet Rocketdyne added propulsion to its space capabilities.

18. Northrop Grumman (NOC)

Builds the James Webb Space Telescope, B-21 Raider, and multiple classified space programs. Northrop's space division produces satellite buses, propulsion systems (via its Orbital ATK heritage), and ground systems. The company's MEP (Mission Extension Pod) provides in-space satellite servicing.

19. RTX (formerly Raytheon Technologies)

Through its Raytheon and Collins Aerospace divisions, RTX builds space-based sensors, ground systems, and missile defense interceptors. The company is a key player in the Space Development Agency's proliferated LEO tracking layer.

20. Boeing (BA)

Despite challenges with Starliner, Boeing remains deeply embedded in national security space through its satellite manufacturing, ground systems, and involvement in programs like SLS and the International Space Station. Boeing's defense and space division generates tens of billions in annual revenue.

21. Lockheed Martin (LMT)

The largest defense contractor by revenue and a dominant space prime. Lockheed builds GPS III satellites, SBIRS missile warning satellites, Orion crew capsule for Artemis, and next-gen military space systems. Its Space division alone generates $12+ billion annually.

22. True Anomaly

Developing space domain awareness and in-space maneuvering capabilities for the U.S. Space Force. True Anomaly's Jackal autonomous spacecraft are designed for rendezvous and proximity operations, essentially space situational awareness satellites that can inspect other objects in orbit. A critical emerging player in space security.

Space Stations & Habitats

With the ISS retiring around 2030, a new generation of commercial space stations is under development.

23. Axiom Space

Building the first commercial modules to attach to the ISS, which will eventually detach to form a free-flying commercial station. Axiom has flown multiple private astronaut missions and is NASA's partner for commercial LEO station development. Valued at $5+ billion.

24. Vast

Jared Isaacman-backed company developing the Haven-1 single-module station (launching 2025-2026) and the larger Haven-2 multi-module station. Vast raised $400M+ in 2025 and secured a SpaceX Starship launch for Haven-2, making it one of the most aggressively funded commercial station ventures.

25. Sierra Space

Developer of the Dream Chaser spaceplane (a winged vehicle that launches on a rocket and lands on a runway like the Space Shuttle) and LIFE habitat inflatable space station modules. Sierra Space raised a $1.5 billion round in 2025, making it one of the best-funded space companies globally. Dream Chaser's first cargo mission to ISS is imminent.

26. Gravitics

Building modular space station segments and habitat modules optimized for the Starship cargo bay. Gravitics' approach of manufacturing full habitat modules inside Starship's massive payload volume could accelerate station deployment timelines significantly.

In-Space Services & Manufacturing

An emerging sector focused on doing things IN space: servicing satellites, manufacturing materials, and more.

27. Redwire (RDW)

The leading in-space manufacturing and infrastructure company. Redwire's products include deployable solar arrays, 3D printing in microgravity, space-grade optics, and biological research payloads. Publicly traded, Redwire is a key supplier to NASA, the DoD, and commercial customers.

28. Varda Space Industries

Pioneering in-space pharmaceutical manufacturing. Varda launches small capsules to orbit, manufactures drug crystals in microgravity (which produces superior crystal structures), and returns them to Earth. The company's first re-entry capsule successfully returned in 2024, proving the business model. Varda is also providing re-entry vehicle services to the DoD.

29. Impulse Space

Founded by former SpaceX Raptor engine lead Tom Mueller, Impulse Space develops orbital maneuvering vehicles and last-mile delivery systems. The company's Mira vehicle is designed to take payloads from rideshare drop-off orbits to their precise final destinations, solving a key bottleneck in the rideshare launch market.

30. Astroscale

The leading company in active debris removal and in-space servicing. Japanese-founded Astroscale has demonstrated rendezvous and proximity operations with debris objects and is developing commercial services to deorbit defunct satellites. As debris regulations tighten, Astroscale is well-positioned.

31. Orbit Fab

Building the "gas stations of space": in-orbit refueling depots and tanker vehicles. Orbit Fab's RAFTI (Rapidly Attachable Fluid Transfer Interface) is becoming an industry standard for satellite refueling ports. In-space refueling could extend satellite lifetimes and enable entirely new mission profiles.

Satellite & Component Manufacturing

The companies that build the spacecraft and the critical components inside them.

32. Terran Orbital

Now a subsidiary of Lockheed Martin, Terran Orbital is a leading small satellite manufacturer. The company builds Earth observation, communications, and national security satellites, including large production orders for the SDA's proliferated LEO architecture.

33. York Space Systems

Produces standardized, mass-produced satellite buses for defense and commercial customers. York's S-CLASS platform enables rapid, affordable satellite manufacturing at scale, critical as DoD demand for proliferated LEO constellations grows.

34. Sidus Space (SIDU)

Builds multi-mission small satellites and provides AI-enabled space-based data analytics. Sidus's LizzieSat platform combines Earth observation with edge computing for real-time on-orbit data processing.

35. Aerojet Rocketdyne (now L3Harris)

The dominant U.S. producer of rocket engines and in-space propulsion. Aerojet's engines power SLS, Atlas V, Delta IV, and numerous satellite propulsion systems. Now integrated into L3Harris, it provides propulsion across virtually every major U.S. launch and satellite program.

Ground Segment & Communications

The terrestrial infrastructure that connects space assets to their users.

36. Amazon / Project Kuiper (now Amazon Leo)

Amazon's $10+ billion investment in a 3,236-satellite LEO broadband constellation. Kuiper's first prototype satellites launched in 2023, and the operational constellation is now deploying. With Amazon's cloud infrastructure (AWS), logistics, and capital, Kuiper is the only credible competitor to Starlink at scale.

37. Kratos Defense (KTOS)

A leading provider of satellite ground systems, signal processing, and space electronics. Kratos's OpenSpace platform is modernizing how ground stations communicate with satellites, moving toward software-defined, virtualized ground infrastructure.

38. Comtech Telecommunications

Provides satellite modems, amplifiers, and ground station equipment to military, government, and commercial satellite operators. Comtech's technology is embedded in satellite ground systems worldwide.

Earth Observation & Geospatial Analytics

Turning satellite data into actionable intelligence.

39. Umbra

Operates a growing constellation of SAR (Synthetic Aperture Radar) satellites providing all-weather, day-and-night Earth imaging at 16cm resolution. SAR is increasingly valued for defense, maritime monitoring, and infrastructure assessment because it works through clouds and darkness.

40. Satellogic (SATL)

Argentine company building a high-resolution, high-revisit Earth observation constellation. Satellogic offers sub-meter multispectral and hyperspectral imaging at price points significantly below legacy providers. Publicly traded, it's expanding its constellation and customer base.

41. HawkEye 360

Specializes in radio frequency (RF) geolocation from space. HawkEye's satellites detect, geolocate, and characterize RF emissions (from ship radars to communication signals) enabling maritime domain awareness, spectrum monitoring, and defense intelligence applications.

42. Capella Space

Operates an all-weather SAR imaging constellation delivering high-resolution imagery with rapid revisit. Capella's on-demand tasking capability allows customers to image any location on Earth within hours, serving defense, intelligence, and commercial markets.

Propulsion & In-Space Transportation

43. Momentus (MNTS)

Develops water-plasma propulsion for in-space transportation and satellite servicing. Momentus's Vigoride orbital transfer vehicle provides last-mile delivery for satellites deployed on rideshare missions.

44. Phase Four

Builds compact RF thruster propulsion systems for small satellites. Phase Four's Maxwell engine uses radio frequency energy to ionize and accelerate propellant, providing efficient electric propulsion in a small form factor.

Emerging & Frontier Companies

These companies are pushing into new markets and business models that could define the next decade of space.

45. Muon Space

Building a constellation of multi-sensor Earth observation satellites focused on climate intelligence. Muon's approach combines multiple instrument types (microwave radiometer, GNSS-RO, hyperspectral) on each satellite for comprehensive environmental monitoring.

46. Phantom Space

Developing the Daytona launch vehicle for small satellite delivery, with a focus on manufacturability and cost reduction. Phantom aims to bring automotive-style mass production to rocket manufacturing.

47. ThinkOrbital

Developing in-space welding and construction technology to build large structures in orbit. ThinkOrbital's ThinkPlatform would use robotic welding to construct space stations and platforms from modular components launched on standard rockets.

48. Starfish Space

Building autonomous satellite servicing vehicles (Otter) capable of docking with, repositioning, and life-extending existing satellites. Starfish's approach could create a new market for satellite lifecycle management in GEO and other orbits.

49. CesiumAstro

Develops multi-beam, software-defined phased array antennas for satellites, aircraft, and ground vehicles. CesiumAstro's Nightingale communication payloads enable advanced networking in space, a key capability as proliferated constellations demand more sophisticated inter-satellite links.

50. K2 Space

Designing very large satellites optimized for next-generation launch vehicles like Starship. While the industry has trended toward small satellites, K2 argues that Starship's massive payload capacity enables a return to large, highly capable spacecraft that can carry more payload per dollar to orbit.

Key Themes Across the Top 50

Looking across these 50 companies, several themes define the 2026 space industry:

• Reusability is table stakes. Every new launch vehicle in development incorporates some form of reusability. SpaceX proved the model; now everyone is following.
• Defense spending is a growth engine. Companies like Anduril, True Anomaly, L3Harris, and many satellite manufacturers are riding a wave of Space Force and SDA spending.
• In-space services are emerging. Refueling (Orbit Fab), debris removal (Astroscale), manufacturing (Varda), and servicing (Starfish) are creating entirely new space economy sectors.
• Vertical integration wins. The most successful companies (SpaceX, Rocket Lab) control multiple links in the value chain: launch, spacecraft, components, and operations.
• AI and autonomy are differentiators. From BlackSky's Spectra AI to Anduril's Lattice platform, software and AI are as important as hardware.
• Mega-constellations drive volume. Starlink, Kuiper, SDA, and others are creating unprecedented demand for satellite manufacturing, launch, and ground equipment.

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