About LaunchPoint
LaunchPoint is an Aerospace, Defense & Maritime company based in Goleta (United States) founded in 1992 by Brad E Paden. Provider of hybrid electric propulsion systems and modeling software. Its chief executive, as recorded, is Robert Reali. LaunchPoint offers products and services including MAAP®, Gensets, Motors & Generators, and Controllers. Its focus areas include Aerospace, Maritime and Defense Tech, Aerospace Tech, Propulsion Systems and Electric. Its legal entity is LaunchPoint Electric Propulsion Solutions, Inc. Its competitors include Whisper Aero, H3X Technologies and Jetoptera; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 1992 and based in Goleta, United States, LaunchPoint operates in the aerospace sector, focusing on hybrid electric propulsion solutions. Modeling software is offered for virtual simulation of electric and hybrid-electric aircraft systems, enabling optimization of motor-drive combinations, off-design performance analysis, and system-level trade studies. Hardware components, including turbogenerators, hybrid motors, and controllers, are supplied for unmanned aerial vehicles, manned aircraft, and aerospace power generation applications.
- Headquarters Goleta, United States
- Founders Brad E Paden
- SectorsAerospace, Defense & Maritime
- Phone•••• ••••
- Website launchpointeps.com
- Social LinkedIn X
- Legal Name Launchpoint Electric Propulsion Solutions, Inc.
- Latest Funding Round$25K (USD), Unspecified
Apr 2024
- Investors
Products & Services of LaunchPoint
LaunchPoint offers a comprehensive portfolio of products and services, including MAAP®, Gensets, Motors & Generators, and Controllers.
Optimizes electric propulsion systems for aerospace applications
High-efficiency electric machines for propulsion and energy needs
Provides power-dense solutions for aerospace and defense
Manages electric propulsion with SmartPoint software
Funding Insights of LaunchPoint
- Total Rounds 15
- Last Round Unspecified — $25,000
- First Round $99,710
(Jun 2009)
- Investors Count 1
Latest 10 of 15 funding rounds of LaunchPoint with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2024 | $25,000 | Unspecified | – | – | – |
| May 2023 | $875,000 | Debt – Conventional | – | – | – |
| Nov 2022 | $2M | Unspecified | – | – | – |
| Oct 2022 | $4M | Unspecified | – | – | – |
| Aug 2022 | Unspecified | – | – | – | |
| Dec 2021 | $2.39M | Unspecified | – | – | – |
| Jun 2021 | $900,000 | Unspecified | – | – | – |
| Feb 2021 | $2.08M | Unspecified | – | – | – |
| Jan 2013 | $149,602 | Grant | – | – | |
| Apr 2011 | $599,464 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in LaunchPoint
LaunchPoint has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Science Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States |
Investor details for LaunchPoint
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People of LaunchPoint
17 people are tracked at LaunchPoint (7 in leadership, 5 in board & advisors, 5 in team).
| Name | Role | Group |
|---|---|---|
Brad E Paden | Co-Founder | Leadership |
Robert Reali | CEO | Leadership |
Michael Ricci | Chief Technology Officer | Leadership |
Brian J. Clark | President | Leadership |
Larry Taggart | Vice President of Sales | Leadership |
Cyrus Morici | Chief Financial Officer | Leadership |
Nazeeh Shaheen | Chief Operations Officer | Leadership |
William Irby | Advisory Board Member | Board & advisors |
Mark Maire | Board Member | Board & advisors |
Burton Tripathi | Board Member | Board & advisors |
Rob Mcdonald | Advisory Board Member | Board & advisors |
Arthur Steinmetz | Board Observer | Board & advisors |
Vicki Young | Accounting Controller | Team |
Gary Peiffer | Accounting Manager | Team |
Jesus Sosa | Senior Manager of Operations | Team |
Ryan Rahn | Aerospace Engineer | Team |
Eric Zander J.D. | Manager Contracts & Products | Team |
Complete people profiles for LaunchPoint
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of LaunchPoint
3 dated milestones of LaunchPoint across 32 years, from founding to its latest funding, stage changes and deals.
- Founded LaunchPoint is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Unspecified, of $25K.
Competitors of LaunchPoint
LaunchPoint has 3 listed competitors in our database, 3 of them funded. They include Whisper Aero, H3X Technologies and Jetoptera.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| whisper.aero | 2020 | Crossville, United States | $39.5M | 53 | Electric aircraft, drones, and propulsion systems are designed and developed. | |
| h3x.tech | 2020 | Saint Louis Park, United States | $26.01M | Motor drives for electric aircraft propulsion are developed. | ||
| jetoptera.com | 2015 | Edmonds, United States | $19,435 | Propulsion and airframe systems are manufactured for UAVs and MAVs. |
Detailed competitors of LaunchPoint
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Web traffic of LaunchPoint
The website of LaunchPoint (launchpointeps.com) receives about 2.3K visits a month.
- Monthly visits2.3K
▼ 6.8% vs previous month
Top companies in Aerospace Tech
3 companies that operate in the same segment as LaunchPoint (Aerospace Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.52 B | 1,965 | ||
Electric VTOL aircraft are developed for passenger and cargo transport. | 2012 | South Burlington, Vermont, United States | USD 1.66 B | USD 35.62 M | 1,335 | |
Autonomous electric eVTOL vehicles are developed for passenger air transport. | 2019 | Mountain View, California, United States | USD 450 M |
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Related news about Launchpoint
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Frequently Asked Questions about LaunchPoint
LaunchPoint was founded in 1992 and raised its 1st funding round 17 years after it was founded.
LaunchPoint is headquartered in Goleta, United States. It is registered at Goleta, California, United States.
Robert Reali is the CEO of LaunchPoint, as recorded in our data.
Founded in 1992 and based in Goleta, United States, LaunchPoint operates in the aerospace sector, focusing on hybrid electric propulsion solutions. Modeling software is offered for virtual simulation of electric and hybrid-electric aircraft systems, enabling optimization of motor-drive combinations, off-design performance analysis, and system-level trade studies. Hardware components, including turbogenerators, hybrid motors, and controllers, are supplied for unmanned aerial vehicles, manned aircraft, and aerospace power generation applications.
LaunchPoint's top competitors include Whisper Aero, H3X Technologies and Jetoptera.
LaunchPoint offers MAAP®, Gensets, Motors & Generators, and Controllers.
LaunchPoint has 1 investor. Key investors include National Science Foundation.
LaunchPoint operates through Launchpoint Electric Propulsion Solutions, Inc..