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Pale Blue develops water-based electric propulsion for small satellites, backed by a Mitsubishi Electric investment and a Series C round closed in August 2025.
ACTIVEWater-based electric propulsion for small satellites. Mitsubishi Electric investment. Series C completed Aug 2025.
Water-based electric propulsion for small satellites. Mitsubishi Electric investment. Series C completed Aug 2025.
Not ranked: Data in 1 pillar; at least 2 are needed to rank.
1 of 5 inputs measured · Insufficient data · 50% of applicable weight backed by data
Not measured: Market value, Reported revenue
Not measured: Capital raised (24 months)
Not measured: Open-role change (90 days)
A pillar score averages the company’s percentiles among the tracked companies with a value: relative standing, not a grade. Inputs measured 2026-10-14 (UTC) · methodology v6. Every input, its value and percentile · How it is computed
The Space Score ranks companies relative to each other on public data we hold. It describes; it does not rate, forecast or recommend. It is not a credit rating and not investment advice. Full disclaimer
Sources: Founded, Headquarters, CEO, Employees
For information only, not investment advice. SpaceNexus is not a registered investment adviser, broker or dealer, and nothing here is a recommendation to buy, sell or hold any security. Data may be delayed, estimated or incomplete; check the source before acting. Full disclaimer
4 private rounds on record (3 with no stated amount, counted but not added). Debt, grants, state capital, owner funding and acquisitions are listed under Funding history by class and not added in.
Latest funding round
Series C · –
Aug 7, 2025
Water-based electric propulsion system for small satellite orbit maintenance and maneuvers.
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Compiled Oct 14, 2026 from 4 public records. Every figure links the record it comes from.
Latest sourced round
Series C: amount undisclosed
Source: Pale Blue (press release)
Announced Aug 7, 2025
Sourced rounds on record
4 rounds, $4.1M disclosed
3 with no amount disclosed
Published rounds with a source link only, on the same rules as the funding tracker. Each round links the source that states its figure; amounts in other currencies are converted to dollars at the rate shown on the funding tracker.
Source: Pale Blue (press release)
Latest round Aug 7, 2025
Also: Pale Blue (press release), Pale Blue, Pale Blue (press release)
Took part in Series B (Jun 4, 2024)
Pale Blue (press release), Jun 4, 2024
Mitsui Sumitomo Insurance Venture Capital
Took part in Series B (Jun 4, 2024)
Pale Blue (press release), Jun 4, 2024
Took part in Series A (Oct 28, 2021)
APA
SpaceNexus. (2026, October 14). Pale Blue: Company dossier [Data set]. Retrieved October 14, 2026, from https://spacenexus.us/company-profiles/pale-blue
Chicago
SpaceNexus. "Pale Blue: Company dossier." Data as of October 14, 2026. Accessed October 14, 2026. https://spacenexus.us/company-profiles/pale-blue.
BibTeX
@misc{spacenexus_paleblue_2026,
author = {{SpaceNexus}},
title = {{Pale Blue}: Company dossier},
year = {2026},
month = oct,
howpublished = {\url{https://spacenexus.us/company-profiles/pale-blue}},
url = {https://spacenexus.us/company-profiles/pale-blue},
urldate = {2026-10-14},
note = {Data as of 2026-10-14; each fact links its primary source}
}Took part in Series A (Oct 28, 2021)
Pale Blue, Oct 28, 2021
Co-led Seed (Oct 21, 2020)
Pale Blue (press release), Oct 21, 2020