About Evolution Space
Evolution Space is a company based in Mojave (United States) founded in 2018 was acquired by X-Bow Systems in March 2026.. Evolution Space offers products and services including Maelstrom and Whiplash. Evolution Space operates in a competitive market with competitors including Astra, Rocket Lab, Firefly Aerospace, Skyroot and AgniKul, among others.
- Headquarter Mojave, United States
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Sectors
Aerospace, Defense & Maritime
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Phone
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Website
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Social
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- Legal Name Evolution Space And Energetics Corp
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
X-Bow Systems
(Mar 11, 2026)
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Products & Services of Evolution Space
Evolution Space offers a comprehensive portfolio of products and services, including Maelstrom and Whiplash. 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.
Provides extended boost propulsion for hypersonic applications.
Offers fast burn propulsion for tactical defense needs.
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Funding Insights of Evolution Space
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Evolution Space
Evolution Space has secured backing from 1 investor. Prominent investors backing the company include X-Bow Systems. 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.
| Investor | Description | Founded Year | Domain | Location |
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3D printed rocket motors and flight test services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Evolution Space
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Evolution Space
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evolution Space Comparisons
Competitors of Evolution Space
Evolution Space 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 Astra, Rocket Lab, Firefly Aerospace, Skyroot and AgniKul, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Astra is engaged in providing space launch services.
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Reusable launch vehicles for small satellite payloads are provided.
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Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles
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Provider of space launch services using Vikram series launch vehicles
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Private aerospace manufacturing and commercial launch solutions are provided.
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Manufacturer of launch vehicles for small payloads
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Evolution Space
Frequently Asked Questions about Evolution Space
When was Evolution Space founded?
Evolution Space was founded in 2018.
Where is Evolution Space located?
Evolution Space is headquartered in Mojave, United States. It is registered at Mojave, California, United States.
What does Evolution Space do?
Evolution Space was founded in 2018 and is based in Mojave, United States. Operations focus on the aerospace sector, where suborbital launch vehicles for small payloads are developed. Solid rocket motors are supplied to support various applications. Solutions for hypersonic testing, defense needs, and microgravity research are provided to users in these fields.
Who are the top competitors of Evolution Space?
Evolution Space's top competitors include Astra, Rocket Lab and Skyroot.
What products or services does Evolution Space offer?
Evolution Space offers Maelstrom and Whiplash.
Who are Evolution Space's investors?
Evolution Space has 1 investor. Key investors include X-Bow Systems.