Aerostar

Tillamook, United States Founded: 1996 • Age: 30 yrs Acquired By Aerostar
Aviation training services are provided to clients by Near Space.
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About Aerostar

Aerostar is a company based in Tillamook (United States) founded in 1996 was acquired by Aerostar in March 2024. It operates as a Professional Services, and Contract Manufacturing. Aerostar offers products and services including High Altitude Flight Testing, Advanced Space Materials, Tillamook UAS Test Range, and Stratospheric Balloons and Airships.

  • Headquarter Tillamook, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Aerostar International Llc
Operational Areas
Transportation, Automotive & Logistics → Aviation Operations & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $298.95 K (USD), Grant

    Jun 11, 2024

  • Investors
    NASA

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Aerostar

    (Mar 27, 2024)

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Products & Services of Aerostar

Aerostar offers a comprehensive portfolio of products and services, including High Altitude Flight Testing, Advanced Space Materials, Tillamook UAS Test Range, and Stratospheric Balloons and Airships. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Customized flight testing for high altitude platforms provided.

Materials for complex aerospace projects are designed here.

UAS testing facilities and support services are offered.

Stratospheric balloons and airships are manufactured for clients.

Funding Insights of Aerostar

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $298,947
  • First Round

    (11 Jun 2024)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Grant - Aerostar Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aerostar

Aerostar has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include NASA, TCOM and Aerostar. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government space exploration and research services are provided.
Founded Year Domain Location
Provider of surveillance solutions for the military
Founded Year Domain Location
Aerostar is engaged in aerospace and defense technology solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aerostar

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Aerostar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aerostar Comparisons

Employees
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Competitors of Aerostar

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aerostar

Frequently Asked Questions about Aerostar

When was Aerostar founded?

Aerostar was founded in 1996 and raised its 1st funding round 28 years after it was founded.

Where is Aerostar located?

Aerostar is headquartered in Tillamook, United States. It is registered at Tillamook, Oregon, United States.

Who is the current CEO of Aerostar?

Tim Lachenmeier is the current CEO of Aerostar.

What does Aerostar do?

Aerostar is involved in delivering high altitude near-space platforms and flight services for government, academic, and commercial clients. Operations include customized high altitude flight testing for payloads up to 130,000 feet, development of advanced space materials for harsh environments, and UAS testing at the Tillamook range. Sectors served encompass defense, scientific research, and aerospace technology advancement. Solutions are tailored to support complex projects like NASA missions and Venus aerobots, ensuring innovative ideas are elevated through specialized equipment and modern facilities.

What products or services does Aerostar offer?

Aerostar offers High Altitude Flight Testing, Advanced Space Materials, Tillamook UAS Test Range, and Stratospheric Balloons and Airships.

Who are Aerostar's investors?

Aerostar has 3 investors. Key investors include NASA, TCOM, and Aerostar.

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