About Specter Aerospace
Specter Aerospace is a company based in Cambridge (United States) founded in 2013 by Drew Weibel.. Specter Aerospace has raised $9.5 million across 3 funding rounds from investors including CS Ventures, Mandala Space Ventures and OSTI.GOV. Specter Aerospace offers products and services including Hypersonic Vehicles and Scramjets. Specter Aerospace operates in a competitive market with competitors including Stratolaunch, Hypersonix, Destinus, Ardhan Defence and HTNP Industries, among others.
- Headquarter Cambridge, United States
- Founders Drew Weibel
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.5 M (USD)
in 3 rounds
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Latest Funding Round
$9.5 M (USD), Series A
Jun 14, 2023
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Investors
CS Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of Specter Aerospace
Specter Aerospace offers a comprehensive portfolio of products and services, including Hypersonic Vehicles and Scramjets. 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.
Develops vehicles for speeds beyond Mach 5 and fuel efficiency.
Advanced engines that enable high-speed air-breathing performance.
Funding Insights of Specter Aerospace
Specter Aerospace has successfully raised a total of $9.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $9.5 million completed in June 2023. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $9.5M
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First Round
First Round
(02 Jul 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - Specter Aerospace | Valuation |
investors |
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| Jul, 2019 | Amount | Grant - Specter Aerospace | Valuation |
investors |
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| Jul, 2018 | Amount | Grant - Specter Aerospace | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Specter Aerospace
Specter Aerospace has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include CS Ventures, Mandala Space Ventures and OSTI.GOV. 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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Investment in start-ups for global impact, with focus on B2B services and software solutions in India.
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Founded Year | Domain | Location | |
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Mandala Space Ventures is focused on building the emerging space economy through partnerships and investments.
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Founded Year | Domain | Location | |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Specter Aerospace
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Specter Aerospace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Specter Aerospace Comparisons
Competitors of Specter Aerospace
Specter Aerospace 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 Stratolaunch, Hypersonix, Destinus, Ardhan Defence and HTNP Industries, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hypersonic aircraft technology is provided for high-speed vehicle deployment.
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| domain | founded_year | HQ Location |
An AI-powered analytics platform is provided for consumer commerce.
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| domain | founded_year | HQ Location |
Drone solutions are provided across subsonic to hypersonic speeds.
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| domain | founded_year | HQ Location |
Hypersonic aircraft are designed and manufactured by Ardhan Defence.
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| domain | founded_year | HQ Location |
Defence services in initial orientation, aerospace, and penetration are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Specter Aerospace
When was Specter Aerospace founded?
Specter Aerospace was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Specter Aerospace located?
Specter Aerospace is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Specter Aerospace a funded company?
Specter Aerospace is a funded company, having raised a total of $9.5M across 3 funding rounds to date. The company's 1st funding round was a Grant of $2.28M, raised on Jul 02, 2018.
What does Specter Aerospace do?
Specter Aerospace was founded in 2013 and is headquartered in Cambridge, United States. Operations center on the aerospace sector, where hypersonic propulsion systems are engineered using plasma-assisted combustion techniques. High-speed flight vehicles are designed and developed for national security and defense applications. Expertise in these technologies supports advanced aviation solutions in a competitive defense landscape.
Who are the top competitors of Specter Aerospace?
Specter Aerospace's top competitors include Hypersonix, Stratolaunch and Destinus.
What products or services does Specter Aerospace offer?
Specter Aerospace offers Hypersonic Vehicles and Scramjets.
Who are Specter Aerospace's investors?
Specter Aerospace has 3 investors. Key investors include CS Ventures, Mandala Space Ventures, and OSTI.GOV.