The document provides an overview of funding in the aerospace, maritime and defense tech sector over the last year. It lists the top 50 funded business models, including reusable large satellite launch vehicles ($3.1B), satellite communication services ($1.3B), and small satellite manufacturers ($785M). For each business model, it gives the amount invested, number of funding rounds, and details of the top funding rounds such as the company, amount, and funding stage.

1. TRACXN TOP BUSINESS MODELS REPORT
June 09, 2021
AEROSPACE, MARITIME AND DEFENSE TECH

2. Aerospace, Maritime and Defense Tech - Top Business
Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
Aerospace, Maritime and Defense Tech
Funding - Overview
3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. Aerospace, Maritime and Defense Tech - Top Business
Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Funding in
last 1 year
3
NewSpace $7.6B
Drones $1.5B
Military Tech $861M
Aerospace Tech $806M
Maritime Tech $139M
Aviation IT $119M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
Techstars
Lightspeed Venture
Partners
7
4
2
Early
Stage
Octopus Ventures
Shell
Airbus Ventures
3
3
3
Late
Stage
Fidelity Investments
Andreessen Horowitz
Shenzhen Capital Group
4
4
3
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (67%)
China (16%)
United Kingdom (9%)
Japan (1%)
Israel (1%)
Germany (1%)
Canada (1%)
Others (4%)
$ Funding # Rounds
SpaceX
(2002, United States)
$1.9B - Series J
SpaceX
(2002, United States)
$1.2B - Series J
OneWeb
(2012, United Kingdom)
$550M - Series F
Relativity Space
(2015, United States)
$500M - Series D
Casicloud
(2015, China)
$405M - Series D
OneWeb
(2012, United Kingdom)
$400M - Series E
Chang Guang Satellite ..
(2014, China)
$375M - Series D
Chang Guang Satellite
(2014, China)
$374M - Series D
BETA
(2017, United States)
$368M - Series D
Astranis
(2015, United States)
$250M - Series C
Kymeta
(2012, United States)
$215M - Series E
Anduril
(2017, United States)
$200M - Series C

4. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1<> 0 Reusable Large Satellite Launch Vehicles $3.1B 4 SpaceX | $1.9B | Series J Link
2<> 0 Satellite Communication Services $1.3B 12 OneWeb | $550M | Series F Link
3▲29 Small Satellite Manufacturers $785M 9 Chang Guang S.. | $375M | Series D Link
4<> 0 Small Satellite Launch Vehicles $567M 17 Relativity Sp.. | $500M | Series D Link
5▲1 3D Printed Small Satellite Launch Vehicles $500M 1 Relativity Sp.. | $500M | Series D Link
6▲22 Satellite Antenna Systems $438M 7 Kymeta | $215M | Series E Link
7▼2 Military Drones $346M 7 Anduril | $200M | Series C Link
8▲7 Drone Services for Agriculture $255M 6 XAG | $182M | Series C Link
9▼6 Satellite Based Imaging Services $235M 11 ICEYE | $87.0M | Series C Link
10▼3 Surveillance & Reconnaissance Systems $200M 1 Anduril | $200M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▲1 Portable Small Satellite Launch Vehicles $190M 2 ABL Space Sys.. | $170M | Series B Link
12▲10 Unmanned Surveillance Aerial Vehicles $146M 4 Shield AI | $90.0M | Series C Link
13-- Space Habitats Manufacturers $130M 2 Axiom Space | $130M | Series B Link
14▲40 Supersonic Aircraft $111M 4 Boom Technology | $50.0M | Angel Link
15▲9 Aircraft Autopilot Systems $90.0M 3 Xwing | $40.0M | Series B Link
16-- Hydrogen Powered Electric Aircraft $71.3M 4 ZeroAvia | $24.3M | Series B Link
17▲12 Satellite Propulsion Systems $63.0M 14 Ursa Major T.. | $25.3M | Series B Link
18▼5 Drone Mapping Software $56.4M 5 Clobotics | $30.9M | Series A Link
19▲12 Electric Ships $55.4M 2 Pure Watercr.. | $37.5M | Series A Link
20-- Space Debris Removal Services $51.0M 1 Astroscale | $51.0M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21<> 0 Drone Navigation System $50.0M 1 Swift Naviga.. | $50.0M | Series C Link
22▼5 Aerospace 3D Printing $46.3M 3 Arevo | $26.3M | Series B Link
23-- Military Training and Simulation Solutions $37.0M 4 Red 6 | $30.0M | Series A Link
24▲39 Reusable Small Satellite Launch Vehicles $36.0M 3 Orbex | $24.0M | Series B Link
25▼14 In Flight Entertainment $32.0M 3 SmartSky Net.. | $32.0M | Series B Link
26-- Airport Passenger Management Software $30.0M 2 Elenium | $30.0M | Series B Link
27▼17 Counter Drone Systems $29.8M 5 Fortem Techn.. | $15.0M | Series A Link
28-- Rover Manufacturers $28.0M 1 ispace | $28.0M | Series B Link
29--
Satellite Based Surveillance & Reconnaissance
Systems
$23.7M 1 Preligens | $23.7M | Series B Link
30▼7 Airline Pricing Analytics $22.0M 2 Portside | $17.0M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31-- 3D Printed Satellite Propulsion Systems $22.0M 4 Launcher | $11.7M | Series A Link
32▼16 Drone Aerial Survey Services $21.7M 5 Terra Drone .. | $14.2M | Series A Link
33▲6 Ground Station Networks $21.7M 5 CONTEC | $11.0M | Series B Link
34-- Autonomous Ship Control Systems $20.0M 2 Sea Machines | $15.0M | Series B Link
35▲27 Marina Management Software $18.8M 5 Dockwa | $17.4M | Series B Link
36▲14 Space Robots $17.1M 1 GITAI | $17.1M | Series B Link
37▼10 Satellite Based Weather Forecasting Services $15.7M 1 GeoOptics | $15.7M | Series B Link
38-- Marina Booking Platforms $14.8M 2 The Wanderlu.. | $14.2M | Series B Link
39▲7 Electric Aircraft $13.0M 14 BETA | $368M | Series D Link
40-- Ship Collision Avoidance Systems $13.0M 3 Orca AI | $13.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▼3 Military Therapeutic Devices $12.3M 2 Neuromod Dev.. | $12.3M | Series B Link
42▼33 Space Mission Launch Services $12.3M 2 Maritime Lau.. | $10.5M | Series B Link
43▲8 Drone Based Industrial Inspection Services $10.1M 6 SkySpecs | $10.2M | Series C Link
44▼30 Drone Flight Planning $10.0M 2 Airspace Link | $10.0M | Series A Link
45-- Space Tourism Services $7.0M 1 Space Perspective | $7.0M | Seed Link
46-- Flight Scheduling Software $6.6M 2 Route Dynamic.. | $5.6M | Series A Link
47▲12 Ship Communication Systems $5.7M 1 K4 Mobility | $5.7M | Series A Link
48-- Airline Maintenance Software $4.8M 2 GPMS | $4.8M | Series A Link
49▼41 Direct to Mobile Satellite Communication Services $4.8M 1 Lynk | $4.8M | Seed Link
50-- Flight Monitoring Software $4.0M 1 Appareo | $4.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Reusable Large Satellite Launch Vehicles
01
9
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$3.1B (▲331%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$7.0B
2
-
5
2
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Launch Vehicles (Relativity Space)
(# Cos: 98 | $9.7B)
Large Payload (Blue Origin)
(# Cos: 14 | $7.0B)
Reusable (SpaceX)
(# Cos: 5 | $7.0B)
SpaceX
(2002, United States, $7.0B)
Blue Origin
(2000, United States)
Stratolaunch
(2011, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SpaceX (2002, United States)
$1.9B - Series J - Aug 2020
SpaceX (2002, United States)
$1.2B - Series J - Feb 2021
SpaceX (2002, United States)
$16.0M - Series J - Jan 2021
SpaceX (2002, United States)
Undisclosed - Series J - Sep 2020

10. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
OneWeb (2012, United Kingdom)
$550M - Series F - Apr 2021
OneWeb (2012, United Kingdom)
$400M - Series E - Jan 2021
Astranis (2015, United States)
$250M - Series C - Apr 2021
HawkEye 360 (2015, United States)
$55.0M - Series C - Apr 2021
OneWeb (2012, United Kingdom)
$50.0M - Series D - Jul 2020
Transcelestial (2016, Singapore)
$9.6M - Series A - Jul 2020
Lynk (2019, United States)
$4.8M - Seed - Oct 2020
View all 12 Funding Rounds on Tracxn Platform
Satellite Communication Services
02
10
Back to index
NewSpace (Spaceflight)
(# Cos: 962 | $22.3B)
Space Services (Planet)
(# Cos: 264 | $9.0B)
Communication (OneWeb)
(# Cos: 105 | $6.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.3B (▲311%)
12(▼14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
18
$6.3B
56
5
105
17
OneWeb
(2012, United Kingdom, $4.0B)
SES Satellites
(1985, Luxembourg)
Astranis
(2015, United States, $350M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

11. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Chang Guang Satellite.. (2014, China)
$375M - Series D - Nov 2020
Chang Guang Satellite (2014, China)
$374M - Series D - Dec 2020
National Star Aerospace (2018, China)
$21.2M - Series A - Jul 2020
Phantom Space.. (2019, United States)
$5.0M - Seed - Apr 2021
Phantom Space.. (2019, United States)
$4.0M - Seed - May 2021
Alba Orbital (2012, United Kingdom)
$3.4M - Seed - May 2021
Emxys (2007, Spain)
$2.4M - Seed - Nov 2020
View all 9 Funding Rounds on Tracxn Platform
Small Satellite Manufacturers
03
11
Back to index
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Space Hardware (Moon Express)
(# Cos: 143 | $1.6B)
Satellites (SSTL)
(# Cos: 92 | $919M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$785M (▲6074%)
9(▲28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$919M
28
2
92
6
SSTL
(1985, United Kingdom)
Terran Orbital
(2013, United States, $44.0M)
Blue Canyon Tech
(2008, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

12. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Relativity Sp.. (2015, United States)
$500M - Series D - Nov 2020
Landspace (2016, China)
$175M - Series C - Sep 2020
iSpace (2016, China)
$174M - Series B - Aug 2020
ABL Space Sys.. (2017, United States)
$170M - Series B - Mar 2021
Isar Aerospace Tech.. (2018, Germany)
$90.9M - Series B - Dec 2020
Firefly (1996, United States)
$75.0M - Series A - May 2021
Galactic Energy (2018, China)
$29.3M - Series A - Sep 2020
View all 17 Funding Rounds on Tracxn Platform
Small Satellite Launch Vehicles
04
12
Back to index
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Launch Vehicles (SpaceX)
(# Cos: 98 | $9.7B)
Small Payload (Relativity Space)
(# Cos: 84 | $2.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$567M (▲227%)
17(▲30.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$2.7B
41
1
84
15
Relativity Space
(2015, United States, $695M)
Orbex
(2015, United Kingdom, $66.3M)
Rocket Lab
(2007, New Zealand, $288M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

13. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
3D Printed Small Satellite Launch
Vehicles
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$500M (▲257%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$695M
1
-
1
1
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Launch Vehicles (SpaceX)
(# Cos: 98 | $9.7B)
Small Payload (Orbex)
(# Cos: 84 | $2.7B)
3D Printed (Relativity Space)
(# Cos: 1 | $695M)
Relativity Space
(2015, United States, $695M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Relativity Sp.. (2015, United States)
$500M - Series D - Nov 2020

14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Satellite Antenna Systems
06
14
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$438M (▲2591%)
7(▲133%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$839M
24
4
46
5
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Support Engineering (Spaceflight)
(# Cos: 399 | $1.9B)
Satellite Components (Avio)
(# Cos: 259 | $1.2B)
Communication Systems (Isotropic
Systems)
(# Cos: 75 | $846M)
Antenna Systems (Kymeta)
(# Cos: 46 | $839M)
Kymeta
(2012, United States, $548M)
Isotropic Systems
(2013, United Kingdom, $74.5M)
Oxford Space Systems
(2013, United Kingdom, $26.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Kymeta (2012, United States)
$215M - Series E - Sep 2020
Kymeta (2012, United States)
$85.2M - Angel - Aug 2020
LeoLabs (2016, United States)
$65.0M - Series B - Jun 2021
Isotropic Sy.. (2013, United Kingdom)
$42.0M - Series B - Feb 2021
Kymeta (2012, United States)
$30.0M - Series E - Dec 2020
Astrogate Labs (2017, India)
$400K - Seed - Nov 2020
Astrogate Labs (2017, India)
Undisclosed - Seed - Nov 2020

15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Military Drones
07
15
Back to index
Drones (Skydio)
(# Cos: 3332 | $5.8B)
Military Drones (Anduril)
(# Cos: 170 | $721M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$346M (▲131%)
7(▲40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$721M
44
4
170
5
Anduril
(2017, United States, $327M)
Northrop Grumman
(1939, United States)
Shield AI
(2015, United States, $189M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Anduril (2017, United States)
$200M - Series C - Jul 2020
Shield AI (2015, United States)
$90.0M - Series C - Feb 2021
Shield AI (2015, United States)
$52.9M - Series C - Nov 2020
ideaForge (2007, India)
$2.0M - Series B - Dec 2020
ideaForge (2007, India)
$573K - Series B - Nov 2020
Bravo Zulu (2019, Canada)
$18.4K - Seed - Sep 2020
Teal Drones (2014, United States)
Undisclosed - Series A - Feb 2021

16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
XAG (2007, China)
$182M - Series C - Nov 2020
XAG (2007, China)
$46.0M - Series C - Mar 2021
Tevel Aerobotics Tec.. (2016, Israel)
$20.0M - Series B - Oct 2020
Aerobotics (2014, South Africa)
$17.0M - Series B - Dec 2020
BWR (2017, Israel)
$10.0M - Series A - Sep 2020
Chloropy (2019, Singapore)
Undisclosed - Seed - Jul 2020
Drone Services for Agriculture
08
16
Back to index
Drones (Skydio)
(# Cos: 3332 | $5.8B)
Tech Enabled Services (Zipline)
(# Cos: 1084 | $1.5B)
Crop Management (Aerobotics)
(# Cos: 192 | $404M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$255M (▲681%)
6(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$404M
62
2
192
7
Aerobotics
(2014, South Africa, $27.1M)
Gamaya
(2014, Switzerland, $16.4M)
XAG
(2007, China, $228M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

17. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Satellite Based Imaging Services
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$235M (▲26.1%)
11( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$1.9B
55
4
78
14
NewSpace (Spaceflight)
(# Cos: 962 | $22.3B)
Space Services (OneWeb)
(# Cos: 264 | $9.0B)
Imaging (Spire)
(# Cos: 85 | $2.1B)
Satellite Based (Planet)
(# Cos: 78 | $1.9B)
Planet
(2010, United States, $388M)
Pixxel
(2019, India, $41.2M)
ICEYE
(2014, Finland, $152M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ICEYE (2014, Finland)
$87.0M - Series C - Sep 2020
Umbra (2015, United States)
$32.4M - Series C - Jan 2021
GHGSat (2011, Canada)
$30.0M - Series B - Sep 2020
Pixxel (2019, India)
$28.1M - Series A - Apr 2021
Axelspace (2008, Japan)
$23.8M - Series C - May 2021
Orbital Sidek.. (2016, United States)
$16.0M - Series A - Dec 2020
Pixxel (2019, India)
$7.3M - Seed - Mar 2021
View all 11 Funding Rounds on Tracxn Platform

18. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Surveillance & Reconnaissance Systems
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M (▲57.5%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$367M
3
-
9
1
Military Tech (Neuromod Devices)
(# Cos: 632 | $2.4B)
Non Combat Systems (Seek Thermal)
(# Cos: 421 | $1.6B)
C4ISR (ViaSat)
(# Cos: 318 | $1.3B)
Surveillance & Reconnaissance (FLIR
Systems)
(# Cos: 202 | $1.2B)
Integrated Solutions (Anduril)
(# Cos: 9 | $367M)
Anduril
(2017, United States, $327M)
BIRD Aerosystems
(2001, Israel, $40.0M)
Image Systems
(1983, Sweden)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Anduril (2017, United States)
$200M - Series C - Jul 2020

19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Portable Small Satellite Launch Vehicles
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$190M (▲288%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$239M
1
-
4
1
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Launch Vehicles (SpaceX)
(# Cos: 98 | $9.7B)
Small Payload (Relativity Space)
(# Cos: 84 | $2.7B)
Portable (ABL Space Systems)
(# Cos: 4 | $239M)
ABL Space Systems
(2017, United States, $239M)
iRocket
(2018, United States)
Beyond Earth
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ABL Space Sys.. (2017, United States)
$170M - Series B - Mar 2021
ABL Space Sys.. (2017, United States)
$20.0M - Series B - Dec 2020

20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Unmanned Surveillance Aerial Vehicles
12
20
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$146M (▲547%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$467M
30
-
103
4
Military Tech (Seek Thermal)
(# Cos: 632 | $2.4B)
Non Combat Systems (FLIR Systems)
(# Cos: 421 | $1.6B)
C4ISR (ViaSat)
(# Cos: 318 | $1.3B)
Surveillance & Reconnaissance (Anduril)
(# Cos: 202 | $1.2B)
Unmanned Systems (Airobotics)
(# Cos: 121 | $633M)
Unmanned Aerial Vehicles (Shield
AI)
(# Cos: 103 | $467M)
Shield AI
(2015, United States, $189M)
Airobotics
(2014, United States, $101M)
ideaForge
(2007, India, $26.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Shield AI (2015, United States)
$90.0M - Series C - Feb 2021
Shield AI (2015, United States)
$52.9M - Series C - Nov 2020
ideaForge (2007, India)
$2.0M - Series B - Dec 2020
ideaForge (2007, India)
$573K - Series B - Nov 2020

21. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Space Habitats Manufacturers
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$403M
6
-
8
1
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Space Hardware (Moon Express)
(# Cos: 143 | $1.6B)
Habitation (Bigelow Aerospace)
(# Cos: 17 | $403M)
Habitats (NanoRacks)
(# Cos: 12 | $403M)
Space (Axiom Space)
(# Cos: 8 | $403M)
Axiom Space
(2016, United States, $150M)
NanoRacks
(2009, United States, $2.6M)
Bigelow Aerospace
(1999, United States, $250M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Axiom Space (2016, United States)
$130M - Series B - Feb 2021
NanoRacks (2009, United States)
Undisclosed - Series B - Sep 2020

22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Supersonic Aircraft
14
22
Back to index
Aerospace Tech (Arevo)
(# Cos: 424 | $2.5B)
Supersonic Aircraft (Boom Technology)
(# Cos: 5 | $300M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$111M (▲3444%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$300M
4
-
5
2
Boom Technology
(2014, United States, $256M)
Hermeus
(2018, United States, $16.0M)
Aerion Supersonic
(2008, United States, $27.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Boom Technology (2014, United States)
$50.0M - Angel - Dec 2020
Boom Technology (2014, United States)
$45.0M - Series B - Apr 2021
Hermeus (2018, United States)
$16.0M - Series A - Oct 2020
Boom Technology (2014, United States)
Undisclosed - Series B - Mar 2021

23. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Aircraft Autopilot Systems
15
23
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$90.0M (▲312%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$129M
6
-
6
4
Aerospace Tech (Boom Technology)
(# Cos: 424 | $2.5B)
Avionics (L3 Technologies)
(# Cos: 102 | $208M)
Flight Control (Xwing)
(# Cos: 22 | $141M)
Autopilot (Daedalean)
(# Cos: 6 | $129M)
Daedalean
(2016, Switzerland, $12.0M)
Xwing
(2000, United States, $57.2M)
Genesys Aerosystems
(1978, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Xwing (2000, United States)
$40.0M - Series B - Apr 2021
Reliable Robo.. (2010, United States)
$25.0M - Series B - Sep 2020
Merlin Labs (2017, United States)
$25.0M - Series B - May 2021

24. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
ZeroAvia (2017, United States)
$24.3M - Series B - Mar 2021
ZeroAvia (2017, United States)
$23.5M - Series A - Dec 2020
Universal Hyd.. (2020, United States)
$23.5M - Series A - Mar 2021
Universal Hyd.. (2020, United States)
Undisclosed - Seed - Feb 2021
Hydrogen Powered Electric Aircraft
16
24
Back to index
Aerospace Tech (Boom Technology)
(# Cos: 424 | $2.5B)
Electric Aircraft (Elroy Air)
(# Cos: 94 | $1.7B)
Hydrogen Powered (ZeroAvia)
(# Cos: 4 | $97.5M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$71.3M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$97.5M
2
-
4
2
ZeroAvia
(2017, United States, $74.0M)
Universal Hydrogen
(2020, United States, $23.5M)
H2Fly
(2014, Germany)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Satellite Propulsion Systems
17
25
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$63.0M (▲321%)
14(▲75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$279M
45
3
77
6
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Support Engineering (Spaceflight)
(# Cos: 399 | $1.9B)
Satellite Components (Kymeta)
(# Cos: 259 | $1.2B)
Propulsion Systems (Avio)
(# Cos: 77 | $279M)
Avio
(1912, Italy, $19.8M)
Safran
(2005, France)
Exotrail
(2016, France, $19.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ursa Major Te.. (2015, United States)
$25.3M - Series B - Nov 2020
Aerospace Propulsion .. (2018, China)
$15.3M - Seed - Apr 2021
Ursa Major Te.. (2015, United States)
$15.0M - Series B - Jan 2021
Exotrail (2016, France)
$12.6M - Series A - Jul 2020
Launcher (2016, United States)
$11.7M - Series A - Jun 2021
STOKE Space T.. (2020, United States)
$9.1M - Seed - Feb 2021
Rocket Crafters (2010, United States)
$7.1M - Series A - Mar 2021
View all 14 Funding Rounds on Tracxn Platform

26. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Drone Mapping Software
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$56.4M (▲32.6%)
5(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$177M
39
-
89
6
Drones (Skydio)
(# Cos: 3332 | $5.8B)
Drone Software (DroneDeploy)
(# Cos: 387 | $892M)
Application Specific (PrecisionHawk)
(# Cos: 119 | $399M)
3D Mapping (EagleView)
(# Cos: 89 | $177M)
EagleView
(2008, United States)
Propeller Aerobotics
(2014, Australia, $42.1M)
Pix4D
(2011, Switzerland, $2.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Clobotics (2016, China)
$30.9M - Series A - Mar 2021
Propeller Aerobot.. (2014, Australia)
$18.0M - Series B - Jul 2020
SenseHawk (2016, United States)
$5.1M - Series A - Sep 2020
Scanifly (2015, United States)
$2.3M - Seed - Jan 2021
AirSmat (2019, Nigeria)
$100K - Seed - Sep 2020

27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Electric Ships
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$55.4M (▲301%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$89.5M
10
1
42
2
Maritime Tech (AVEVA)
(# Cos: 941 | $619M)
Innovative Ships (Kraken Robotics)
(# Cos: 65 | $185M)
Electric (Pure Watercraft)
(# Cos: 48 | $95.4M)
Ships (X Shore)
(# Cos: 42 | $89.5M)
X Shore
(1997, Sweden, $25.1M)
Pure Watercraft
(2011, United States, $47.7M)
Ruban Bleu
(1992, France)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Pure Watercraft (2011, United States)
$37.5M - Series A - Dec 2020
X Shore (1997, Sweden)
$17.8M - Series A - Apr 2021

28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Space Debris Removal Services
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$51.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$199M
2
-
6
1
NewSpace (Spaceflight)
(# Cos: 962 | $22.3B)
Space Services (Planet)
(# Cos: 264 | $9.0B)
Space Debris (ClearSpace)
(# Cos: 10 | $199M)
Removal (Astroscale)
(# Cos: 6 | $199M)
Astroscale
(2013, Japan, $199M)
ClearSpace
(2017, Switzerland)
Space Transportation
(2019, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Astroscale (2013, Japan)
$51.0M - Series E - Oct 2020

29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Swift Navigat.. (2012, United States)
$50.0M - Series C - Feb 2021
Drone Navigation System
21
29
Back to index
Drones (Skydio)
(# Cos: 3332 | $5.8B)
Drone Accessories (WiBotic)
(# Cos: 303 | $297M)
Navigation (Swift Navigation)
(# Cos: 53 | $176M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$50.0M (▲118%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$176M
17
-
53
2
Swift Navigation
(2012, United States, $97.6M)
Echodyne
(2014, United States, $67.0M)
uAvionix
(2014, United States, $10.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Arevo (2013, United States)
$26.3M - Series B - Aug 2020
Fortify (2016, United States)
$20.0M - Series B - Mar 2021
Sintavia (2012, United States)
Undisclosed - Series B - Aug 2020
Aerospace 3D Printing
22
30
Back to index
Aerospace Tech (Boom Technology)
(# Cos: 424 | $2.5B)
Manufacturing (Stratasys)
(# Cos: 121 | $149M)
3D Printing (Arevo)
(# Cos: 99 | $149M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$46.3M (▲68.5%)
3(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
19
$149M
33
8
99
4
Arevo
(2013, United States, $60.0M)
Stratasys
(1989, Israel, $1.5M)
Victrex
(1978, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Red 6 (2017, United States)
$30.0M - Series A - Jun 2021
Red 6 (2017, United States)
$7.0M - Series A - Mar 2021
Red 6 (2017, United States)
Undisclosed - Seed - Jun 2020
Beijing Huatian Haife.. (2005, China)
Undisclosed - Series B - Jun 2021
Military Training and Simulation
Solutions
23
31
Back to index
Military Tech (ViaSat)
(# Cos: 632 | $2.4B)
Training & Simulation Solutions (FAAC)
(# Cos: 37 | $64.9M)
Suite (Zen Technologies)
(# Cos: 18 | $37.0M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$37.0M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$37.0M
7
1
18
0
Zen Technologies
(1993, India)
Red 6
(2017, United States, $37.0M)
Numalis
(2015, France)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Reusable Small Satellite Launch Vehicles
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$36.0M (▲3169%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$101M
4
-
9
2
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Launch Vehicles (SpaceX)
(# Cos: 98 | $9.7B)
Small Payload (Relativity Space)
(# Cos: 84 | $2.7B)
Reusable (Orbex)
(# Cos: 9 | $101M)
Orbex
(2015, United Kingdom, $66.3M)
PLD Space
(2011, Spain, $27.6M)
Pangea Aerospace
(2018, Spain, $7.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Orbex (2015, United Kingdom)
$24.0M - Series B - Dec 2020
PLD Space (2011, Spain)
$8.3M - Series B - Sep 2020
Pangea Aerospace (2018, Spain)
$3.7M - Seed - May 2021

33. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
SmartSky Netw.. (2011, United States)
$32.0M - Series B - Feb 2021
SkyFive (2019, Germany)
Undisclosed - Seed - Dec 2020
SkyFive (2019, Germany)
Undisclosed - Series A - May 2021
In Flight Entertainment
25
33
Back to index
Aviation IT (Altitude Angel)
(# Cos: 1290 | $2.3B)
Passenger Service Systems (Travelport)
(# Cos: 187 | $1.6B)
In-Flight Connectivity and
Entertainment (Global Eagle)
(# Cos: 80 | $1.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$32.0M (▼62.1%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$1.4B
30
5
80
4
Global Eagle
(2004, United States, $82.5M)
Marlink
(2002, France)
Gogo
(1991, United States, $562M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Elenium (2004, Australia)
$30.0M - Series B - Oct 2020
Travizory (2019, Switzerland)
$2.0M - Seed - Aug 2020
Airport Passenger Management
Software
26
34
Back to index
Aviation IT (Global Eagle)
(# Cos: 1290 | $2.3B)
Airport (ADB SAFEGATE)
(# Cos: 128 | $77.9M)
Passenger Management (Crowd Vision)
(# Cos: 28 | $52.3M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$30.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$52.3M
13
-
28
2
Crowd Vision
(2007, United Kingdom)
Elenium
(2004, Australia, $45.0M)
Vision-Box
(2001, Portugal)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

35. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Counter Drone Systems
27
35
Back to index
Drones (Skydio)
(# Cos: 3332 | $5.8B)
Counter Drone Systems (Fortem Technologies)
(# Cos: 105 | $311M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$29.8M (▼66.1%)
5(▼28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$311M
34
2
105
11
Fortem Technologies
(2016, United States, $51.3M)
Dedrone
(2014, United States, $67.4M)
DroneShield
(2014, United States, $26.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fortem Techno.. (2016, United States)
$15.0M - Series A - Mar 2021
Dedrone (2014, United States)
$12.1M - Series B - Oct 2020
MyDefence Communica.. (2009,
Denmark)
$1.3M - Seed - Nov 2020
Senhive (2018, Belgium)
$770K - Seed - Sep 2020
Drone Defence (2016, United Kingdom)
$652K - Seed - Aug 2020

36. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
ispace (2010, Japan)
$28.0M - Series B - Aug 2020
Rover Manufacturers
28
36
Back to index
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Space Hardware (Moon Express)
(# Cos: 143 | $1.6B)
Rovers (ispace)
(# Cos: 12 | $146M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$28.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$146M
7
-
12
2
ispace
(2010, Japan, $125M)
Astrobotic
(2008, United States, $2.5M)
Team Indus
(2010, India, $18.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Satellite Based Surveillance &
Reconnaissance Systems
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$23.7M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$23.7M
2
-
3
0
Military Tech (Seek Thermal)
(# Cos: 632 | $2.4B)
Non Combat Systems (FLIR Systems)
(# Cos: 421 | $1.6B)
C4ISR (ViaSat)
(# Cos: 318 | $1.3B)
Surveillance & Reconnaissance (Anduril)
(# Cos: 202 | $1.2B)
Satellite Based (Preligens)
(# Cos: 3 | $23.7M)
Preligens
(2016, France, $23.7M)
Space-Eyes
(2001, United States)
Spatial-Eyes
(2018, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Preligens (2016, France)
$23.7M - Series B - Nov 2020

38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Airline Pricing Analytics
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$22.0M (▼0.4%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$111M
4
-
11
3
Aviation IT (Global Eagle)
(# Cos: 1290 | $2.3B)
Finance and Accounting (ATPCO)
(# Cos: 37 | $266M)
Revenue Management (Volantio)
(# Cos: 30 | $266M)
Price Analytics (RateGain)
(# Cos: 11 | $111M)
RateGain
(2004, United Kingdom, $55.0M)
Flyr
(2013, United States, $39.1M)
Portside
(2017, United States, $17.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Portside (2017, United States)
$17.0M - Series B - May 2021
RateGain (2004, United Kingdom)
$5.0M - Series A - Aug 2020

39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
3D Printed Satellite Propulsion Systems
31
39
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$22.0M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$22.0M
3
-
4
0
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Support Engineering (Spaceflight)
(# Cos: 399 | $1.9B)
Satellite Components (Kymeta)
(# Cos: 259 | $1.2B)
Propulsion Systems (Avio)
(# Cos: 77 | $279M)
3D Printed (Rocket Crafters)
(# Cos: 4 | $22.0M)
Rocket Crafters
(2010, United States, $7.1M)
Launcher
(2016, United States, $11.7M)
Firehawk Aerospace
(2018, United States, $3.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Launcher (2016, United States)
$11.7M - Series A - Jun 2021
Rocket Crafters (2010, United States)
$7.1M - Series A - Mar 2021
Firehawk Aero.. (2018, United States)
$2.0M - Seed - Nov 2020
Firehawk Aero.. (2018, United States)
$1.2M - Seed - Jan 2021

40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Terra Drone Corp (2017, Japan)
$14.2M - Series A - Feb 2021
DroneBase (2014, United States)
$7.5M - Series C - Jun 2020
New3S (2014, China)
Undisclosed - Series B - Mar 2021
Starlogic Intelligent.. (2017, China)
Undisclosed - Series A - Mar 2021
Aerodyne (2014, Malaysia)
Undisclosed - Series B - May 2021
Drone Aerial Survey Services
32
40
Back to index
Drones (Skydio)
(# Cos: 3332 | $5.8B)
Tech Enabled Services (Zipline)
(# Cos: 1084 | $1.5B)
Aerial Surveying (DroneBase)
(# Cos: 256 | $122M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$21.7M (▼27.7%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$122M
38
-
256
7
DroneBase
(2014, United States, $32.0M)
Aerodyne
(2014, Malaysia, $30.0M)
Terra Drone Corp
(2017, Japan, $14.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
CONTEC (2015, South Korea)
$11.0M - Series B - Apr 2021
Leaf Space (2014, Italy)
$6.1M - Series A - Jan 2021
Leaf Space (2014, Italy)
$3.4M - Series A - Jun 2020
RBC Signals (2015, United States)
$1.2M - Seed - Apr 2021
Skyagte Technologies (2020, Japan)
Undisclosed - Seed - Aug 2020
Ground Station Networks
33
41
Back to index
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Network Operators (Atlas Ground)
(# Cos: 24 | $77.3M)
Ground Stations (Leaf Space)
(# Cos: 20 | $77.3M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$21.7M (▲155%)
5(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$77.3M
13
-
20
3
Leaf Space
(2014, Italy, $10.6M)
Atlas Ground
(2015, United States, $5.0M)
Goonhilly
(2009, United Kingdom, $34.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Autonomous Ship Control Systems
34
42
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$20.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$35.7M
2
-
2
1
Maritime Tech (AVEVA)
(# Cos: 941 | $619M)
Marine Electronics (Corvus Energy)
(# Cos: 172 | $174M)
Ship Control (Shone)
(# Cos: 4 | $51.3M)
Autonomous (Sea Machines)
(# Cos: 2 | $35.7M)
Sea Machines
(2014, United States, $31.6M)
Shone
(2017, United States, $4.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Sea Machines (2014, United States)
$15.0M - Series B - Jul 2020
Sea Machines (2014, United States)
$5.0M - Series B - Oct 2020

43. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Marina Management Software
35
43
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Maritime Tech (AVEVA)
(# Cos: 941 | $619M)
Marina Management (Dockwa)
(# Cos: 66 | $64.1M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$18.8M (▲1555%)
5(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$64.1M
14
-
66
2
Dockwa
(2014, United States, $28.6M)
Snag a Slip
(2015, United States, $4.8M)
Navily
(2014, France, $1.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Dockwa (2014, United States)
$17.4M - Series B - Nov 2020
The Wanderlus.. (2014, United States)
$14.2M - Series B - Oct 2020
Falco (2021, France)
$1.2M - Seed - Jan 2021
Boataround (2016, United Kingdom)
$630K - Seed - Jun 2020
Harba (2015, Denmark)
$223K - Seed - Aug 2020

44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
GITAI (2016, Japan)
$17.1M - Series B - Feb 2021
Space Robots
36
44
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NewSpace (Planet)
(# Cos: 962 | $22.3B)
Support Engineering (Spaceflight)
(# Cos: 399 | $1.9B)
Space Robots (GITAI)
(# Cos: 1 | $22.4M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$17.1M (▲317%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$22.4M
1
-
1
1
GITAI
(2016, Japan, $22.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
GeoOptics (2006, United States)
$15.7M - Series B - Feb 2021
Satellite Based Weather Forecasting
Services
37
45
Back to index
NewSpace (Spaceflight)
(# Cos: 962 | $22.3B)
Space Services (Planet)
(# Cos: 264 | $9.0B)
Weather Observation (GeoOptics)
(# Cos: 15 | $54.8M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$15.7M (▼16.2%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$54.8M
6
-
15
2
GeoOptics
(2006, United States, $22.8M)
PlanetiQ
(2012, United States, $23.9M)
GeoMetWatch
(2008, United States, $8.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
The Wanderlus.. (2014, United States)
$14.2M - Series B - Oct 2020
Boataround (2016, United Kingdom)
$630K - Seed - Jun 2020
Marina Booking Platforms
38
46
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Maritime Tech (AVEVA)
(# Cos: 941 | $619M)
Marina Management (Dockwa)
(# Cos: 66 | $64.1M)
Booking (Snag a Slip)
(# Cos: 26 | $20.9M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$14.8M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$20.9M
7
-
26
0
Snag a Slip
(2015, United States, $4.8M)
Navily
(2014, France, $1.3M)
Boataround
(2016, United Kingdom, $630K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Electric Aircraft
39
47
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Aerospace Tech (Boom Technology)
(# Cos: 424 | $2.5B)
Electric Aircraft (Elroy Air)
(# Cos: 94 | $1.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$13.0M (▲160%)
14(▲40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.7B
45
1
94
6
Elroy Air
(2016, United States, $20.6M)
Lilium
(2015, Germany, $375M)
Joby Aviation
(2009, United States, $820M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BETA (2017, United States)
$368M - Series D - Mar 2021
Joby Aviation (2009, United States)
$75.0M - Series C - Dec 2020
ZeroAvia (2017, United States)
$24.3M - Series B - Mar 2021
ZeroAvia (2017, United States)
$23.5M - Series A - Dec 2020
Universal Hyd.. (2020, United States)
$23.5M - Series A - Mar 2021
Bye Aerospace (2007, United States)
$7.9M - Series C - May 2021
Autonomous F.. (2017, United Kingdom)
$6.9M - Series A - Apr 2021
View all 14 Funding Rounds on Tracxn Platform

48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Ship Collision Avoidance Systems
40
48
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$13.0M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$15.6M
2
-
2
1
Maritime Tech (AVEVA)
(# Cos: 941 | $619M)
Marine Electronics (Corvus Energy)
(# Cos: 172 | $174M)
Ship Control (Sea Machines)
(# Cos: 4 | $51.3M)
Collision Avoidance (Orca AI)
(# Cos: 2 | $15.6M)
Orca AI
(2018, Israel, $15.6M)
Ladar
(2013, Anguilla)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Orca AI (2018, Israel)
$13.0M - Series A - Apr 2021
Orca AI (2018, Israel)
Undisclosed - Seed - Oct 2020
Orca AI (2018, Israel)
Undisclosed - Seed - Nov 2020

49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Neuromod Devices (2010, Ireland)
$12.3M - Series B - Oct 2020
Imbed Bioscie.. (2010, United States)
$1.5M - Series A - Jun 2020
Military Therapeutic Devices
41
49
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Military Tech (ViaSat)
(# Cos: 632 | $2.4B)
Healthcare Solutions (Imbed Biosciences)
(# Cos: 24 | $230M)
Therapeutic Devices (Neuromod Devices)
(# Cos: 17 | $219M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$12.3M (▲40.5%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$219M
16
4
17
4
Neuromod Devices
(2010, Ireland, $27.3M)
Imbed Biosciences
(2010, United States, $10.4M)
Derma Sciences
(1984, United States, $18.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Space Mission Launch Services
42
50
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$12.3M (▼88.7%)
2(▼60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$677M
26
-
76
5
NewSpace (Planet)
(# Cos: 962 | $22.3B)
Support Engineering (Kymeta)
(# Cos: 399 | $1.9B)
Services (Loft Orbital)
(# Cos: 95 | $688M)
Mission Launch (Spaceflight)
(# Cos: 76 | $677M)
Spaceflight
(2010, United States, $235M)
Loft Orbital
(2016, United States, $20.0M)
Astra
(2016, United States, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Maritime Launch Serv.. (2016, Canada)
$10.5M - Series B - May 2021
AIKO (2017, Italy)
$1.8M - Seed - Dec 2020

51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
SkySpecs (2012, United States)
$10.2M - Series C - Mar 2021
HUVR (2014, United States)
$5.0M - Series A - Oct 2020
Raptor Maps (2015, United States)
$5.0M - Series A - Aug 2020
Innovair Limited (2015, Scotland)
$170K - Seed - Jul 2020
Raptor Maps (2015, United States)
$100K - Series A - Oct 2020
Linebird (2019, United States)
Undisclosed - Seed - Mar 2021
Drone Based Industrial Inspection
Services
43
51
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Drones (Skydio)
(# Cos: 3332 | $5.8B)
Tech Enabled Services (Zipline)
(# Cos: 1084 | $1.5B)
Industrial Inspection (SkySpecs)
(# Cos: 132 | $127M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$10.1M (▲181%)
6(▼45.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$127M
42
1
132
7
SkySpecs
(2012, United States, $41.3M)
Raptor Maps
(2015, United States, $5.5M)
Cyberhawk
(2008, United Kingdom, $4.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Airspace Link (2018, United States)
$10.0M - Series A - May 2021
DronePrep (2019, United Kingdom)
$40.5K - Seed - Dec 2020
Drone Flight Planning
44
52
Back to index
Drones (Skydio)
(# Cos: 3332 | $5.8B)
Drone Software (DroneDeploy)
(# Cos: 387 | $892M)
Flight Planning (AirMap)
(# Cos: 90 | $118M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$10.0M (▼75.6%)
2(▼60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$118M
23
-
90
3
AirMap
(2014, United States, $75.8M)
SkyWatch
(2016, United States, $2.0M)
Airspace Link
(2018, United States, $15.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Space Tourism Services
45
53
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$7.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$127M
6
1
19
1
NewSpace (Spaceflight)
(# Cos: 962 | $22.3B)
Space Services (Planet)
(# Cos: 264 | $9.0B)
Tourism (Space Adventures)
(# Cos: 21 | $127M)
Own Fleet (Virgin Galactic)
(# Cos: 19 | $127M)
Virgin Galactic
(2004, United States, $120M)
Space Adventures
(1997, United States)
Orion Span
(2017, United States, $236K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Space Perspec.. (2019, United States)
$7.0M - Seed - Dec 2020

54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Route Dynamic.. (2017, United States)
$5.6M - Series A - Jan 2021
Route Dynamic.. (2017, United States)
$1.0M - Series A - Mar 2021
Flight Scheduling Software
46
54
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Aviation IT (Global Eagle)
(# Cos: 1290 | $2.3B)
Flight Operations (Orolia)
(# Cos: 261 | $19.0M)
Flight Scheduling (Optym)
(# Cos: 15 | $6.6M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$6.6M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$6.6M
3
-
15
0
Optym
(2000, United States)
PPS Flight Planning
(1989, Denmark)
Route Dynamics Corp
(2017, United States, $6.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

55. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
K4 Mobility (2018, United States)
$5.7M - Series A - Feb 2021
Ship Communication Systems
47
55
Back to index
Maritime Tech (AVEVA)
(# Cos: 941 | $619M)
Marine Electronics (Corvus Energy)
(# Cos: 172 | $174M)
Communication (Mobilicom)
(# Cos: 28 | $13.2M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$5.7M (▲144%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$13.2M
5
1
28
0
Mobilicom
(2006, Israel)
K4 Mobility
(2018, United States, $13.2M)
Wolphi
(2000, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
GPMS (2013, United States)
$4.8M - Series A - Mar 2021
F-drones (2019, Singapore)
Undisclosed - Seed - Mar 2021
Airline Maintenance Software
48
56
Back to index
Aviation IT (Global Eagle)
(# Cos: 1290 | $2.3B)
MRO Operators (Flightdocs)
(# Cos: 169 | $29.0M)
Airline Maintenance (Donecle)
(# Cos: 33 | $7.7M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.8M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$7.7M
9
-
33
0
Donecle
(2015, France)
Rizse
(2017, United States, $250K)
SynapseMX
(2012, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Direct to Mobile Satellite
Communication Services
49
57
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.8M (▼95.8%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$140M
3
-
4
2
NewSpace (Spaceflight)
(# Cos: 962 | $22.3B)
Space Services (Planet)
(# Cos: 264 | $9.0B)
Communication (OneWeb)
(# Cos: 105 | $6.3B)
Direct to Mobile (Lynk)
(# Cos: 4 | $140M)
Lynk
(2019, United States, $12.0M)
Amos
(1995, Israel)
AST & Science
(2017, United States, $128M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lynk (2019, United States)
$4.8M - Seed - Oct 2020

58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
Recent Funding Rounds
Appareo (2003, United States)
$4.0M - Series A - Jan 2021
Flight Monitoring Software
50
58
Back to index
Aviation IT (Global Eagle)
(# Cos: 1290 | $2.3B)
Flight Operations (Orolia)
(# Cos: 261 | $19.0M)
Flight Monitoring (Blue Sky Network)
(# Cos: 45 | $5.0M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$5.0M
8
-
45
0
Blue Sky Network
(2001, United Kingdom, $1.0M)
Spidertracks
(2009, Australia)
Appareo
(2003, United States, $4.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

59. Aerospace, Maritime and Defense Tech - Top Business
Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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61. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Aerospace, Maritime and Defense Tech - Top Business
Models Report
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