Portal Space Systems is a startup founded in 2021 by former SpaceX engineer Jeff Thornburg, along with co-founders Ian Vorbach and Prashaanth Ravindran. The company is focused on developing and commercializing solar thermal propulsion technology for spacecraft. This technology aims to provide more efficient and powerful in-space propulsion compared to current chemical or electric propulsion systems by concentrating solar heat to heat propellant and achieve high speeds. Portal's technology has po…
StartupHub estimates Portal Space Systems's annual revenue at $21.3M (range $13.3M to $36.9M, 71% confidence), based on comparable companies in the sector.
StartupHub estimates Portal Space Systems's effective valuation at $239.9M (range $168.0M to $311.9M, 42% confidence), based on comparable companies in the sector.
Portal Space Systems has raised a total of $50M in funding. The most recent round on record is Series A.
Portal Space Systems is headquartered in Bothell, United States.
Portal Space Systems was founded in 2021.
Portal Space Systems operates in SpaceTech, Defense Tech, Propulsion Systems, Solar Thermal, Spacecraft, Deep Space.
Portal Space Systems has approximately 50 people on record.
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