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EO & GEOINT · OPERATOR PROFILE · DATA AS OF 2026-05-14

Applied Research Associates

Active EO & GEOINT Private HQ: Albuquerque, New Mexico Founded 1979

Employee-owned defense research firm specializing in weapons effects, structural mechanics, nuclear effects modeling, and materials research for DoD and DTRA. SETA-like research contractor.

61.0
ARI Composite
Low-Moderate Risk
#26 of 40
Peer Rank
Defense cohort
—
Total Launches
No flights tracked
—
Estimated valuation
Not disclosed

FINANCIAL HEALTH

61.0
ARI composite · Low-Moderate Risk
Peer rank#26 of 40
Peer groupDefense
Data coverage82%
Tracked gov contracts$346.1M across 61 awards
Full finance profile →

SECTOR POSITION

Primary sectorEO & GEOINT
Rank within sector#26 of 40
Tracked peers40

REGISTRY DATA

Legal nameApplied Research Associates, Inc.
OwnershipPrivate
HeadquartersAlbuquerque, New Mexico
CountryUS
Founded1979
AliasesApplied Research Associates, APPLIED RESEARCH ASSOCIATES, INC., Applied Research Associates Inc, ARA Inc, ARA
Key programsDoD weapons effects research, DTRA nuclear effects modeling, AFRL structures and materials
Gov customersDoD, DTRA, Air Force, Army
IPO statusPrivate (employee-owned)

Source: space_company_registry.json · Operator homepage → · Applied Research Associates (ARA) official site — confirms 100% employee-owned research firm executing DoD / Space Force national-security contracts.

METHODOLOGY

Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.

Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.