About Benchmark Space Systems
Benchmark Space Systems is a company based in South Burlington (United States) founded in 2017 by Matthew Shea and Ryan McDevitt. Benchmark Space Systems has raised $53.01 million across 7 funding rounds. The company has 56 employees as of December 31, 2024. Benchmark Space Systems has completed 1 acquisition, including AASC Space. Benchmark Space Systems offers products and services including High-Performance Propulsion. Benchmark Space Systems operates in a competitive market with competitors including Avio, Exotrail, Ursa Major, Bellatrix Aerospace and Phase Four, among others.
- Headquarter South Burlington, United States
- Employees 56 as on 31 Dec, 2024
- Founders Matthew Shea, Ryan McDevitt
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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- Legal Name Benchmark Space Systems, Inc.
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$53.01 M (USD)
in 7 rounds
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Latest Funding Round
$2.4 M (USD), Series B
Jun 09, 2025
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Investors
Not available
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Employee Count
56
as on Dec 31, 2024
- Investments & Acquisitions
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Products & Services of Benchmark Space Systems
Benchmark Space Systems offers a comprehensive portfolio of products and services, including High-Performance Propulsion.
Offers chemical, electric, and hybrid systems for various space applications.
People of Benchmark Space Systems
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Funding Insights of Benchmark Space Systems
Benchmark Space Systems has successfully raised a total of $53.01M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $2.4 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by Benchmark Space Systems
Benchmark Space Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AASC Space.
Investment portfolio details for Benchmark Space Systems
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Electric propulsion systems are manufactured for space applications.
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Complete acquisition details for Benchmark Space Systems
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Financial Statements - Benchmark Space Systems
Detailed financials for Benchmark Space Systems
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Benchmark Space Systems Comparisons
Peer comparison for Benchmark Space Systems
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Competitors of Benchmark Space Systems
Benchmark Space Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Avio, Exotrail, Ursa Major, Bellatrix Aerospace and Phase Four, among others.
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Space propulsion components, systems, and satellite launch adapters are developed.
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Mobility solutions for small satellites are developed and provided.
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Ursa Major is engaged in developing propulsion and defense systems.
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Manufacturer of electric and green satellite propulsion systems
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Plasma propulsion systems for small satellites are developed and manufactured.
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Provider of diverse space components along with services
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Detailed competitors of Benchmark Space Systems
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Latest news on Benchmark Space Systems
Complete news archive for Benchmark Space Systems
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Frequently Asked Questions about Benchmark Space Systems
Benchmark Space Systems was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Benchmark Space Systems is headquartered in South Burlington, United States. It is registered at South Burlington, Vermont, United States.
Ryan McDevitt is the current CEO of Benchmark Space Systems. They have also founded this company.
Benchmark Space Systems is a funded company, having raised a total of $53.01M across 7 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Benchmark Space Systems is 56.
Founded in 2017 and based in South Burlington, United States, propulsion systems for satellites are developed by the company within the aerospace sector. Green and non-toxic propellants are utilized in products designed for small satellites, featuring additively manufactured components, scalability, on-demand pressurization, and modular control architecture. Orbital transport vehicle propulsion systems are also provided for rideshare and small launch applications.
Benchmark Space Systems's top competitors include Exotrail, Avio and Phase Four.
Benchmark Space Systems offers High-Performance Propulsion.
Benchmark Space Systems has made 1 acquisition, including AASC Space.