About LaunchPoint
LaunchPoint is a company based in Goleta (United States) founded in 1992 by Brad E Paden. LaunchPoint has raised $11.39 million across 15 funding rounds from investors including National Science Foundation. LaunchPoint offers products and services including MAAP®, Gensets, Motors & Generators, and Controllers. LaunchPoint operates in a competitive market with competitors including Whisper Aero, H3X Technologies, Greenjets, Kite Magnetics and Jetoptera, among others.
- Headquarter Goleta, United States
- Founders Brad E Paden
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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 Launchpoint Electric Propulsion Solutions, Inc.
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$11.39 M (USD)
in 15 rounds
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Latest Funding Round
$25 K (USD), Unspecified
Apr 10, 2024
- Investors
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Employee Count
Not available
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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
People of LaunchPoint
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Funding Insights of LaunchPoint
LaunchPoint has successfully raised a total of $11.39M across 15 strategic funding rounds. The most recent funding activity was a Unspecified round of $25 thousand completed in April 2024. 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.
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 |
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A government-backed foundation providing seed-stage investments to support small businesses.
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Investor details for LaunchPoint
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Investments & Acquisitions by LaunchPoint
Investment portfolio details for LaunchPoint
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Financial Statements - LaunchPoint
Detailed financials for LaunchPoint
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Launchpoint Comparisons
Peer comparison for LaunchPoint
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Competitors of LaunchPoint
LaunchPoint 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 Whisper Aero, H3X Technologies, Greenjets, Kite Magnetics and Jetoptera, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Electric aircraft, drones, and propulsion systems are designed and developed.
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Motor drives for electric aircraft propulsion are developed.
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Quiet, safe electric propulsion systems for aircraft are developed.
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Electric propulsion systems for aircraft are designed and manufactured.
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Propulsion and airframe systems are manufactured for UAVs and MAVs.
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Provider of design and manufacturing solutions for advanced propulsion systems
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Detailed competitors of LaunchPoint
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Latest news on Launchpoint
Complete news archive for 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 current CEO of LaunchPoint.
LaunchPoint is a funded company, having raised a total of $11.39M across 15 funding rounds to date.
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 Kite Magnetics.
LaunchPoint offers MAAP®, Gensets, Motors & Generators, and Controllers.
LaunchPoint has 1 investor. Key investors include National Science Foundation.