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SATELLITE MANUFACTURING · OPERATOR PROFILE · DATA AS OF 2026-06-10

Benchmark Space Systems

Active Satellite Manufacturing Private HQ: Burlington, Vermont Founded 2017

Burlington, VT green/non-toxic chemical propulsion maker (ASCENT-fueled thrusters) for smallsats, developing the 22N 'Macaw' ASCENT thruster under AFRL's SPRINT program through 2026. Leadership transitioned in 2025 (founder to CTO).

48.3
ARI Composite
Moderate Risk
#32 of 56
Peer Rank
Manufacturing cohort
—
Total Launches
No flights tracked
—
Estimated valuation
Not disclosed

FINANCIAL HEALTH

48.3
ARI composite · Moderate Risk
Peer rank#32 of 56
Peer groupManufacturing
Data coverage75%
Tracked gov contracts$10.3M across 1 awards
Full finance profile →

CAPITAL & CREDIT PROFILE

Government capital
$10.3M lifetime tracked obligations across 1 awards — top agency Department of Defense ($10.3M) (strict id-matched; unattributed award rows are excluded). Explore grants →
Source: USAspending.gov award obligations matched to this company. Obligations, not recognized revenue.

SECTOR POSITION

Primary sectorSatellite Manufacturing
Rank within sector#32 of 56
Tracked peers56

REGISTRY DATA

Legal nameBenchmark Space Systems, Inc.
OwnershipPrivate
HeadquartersBurlington, Vermont
CountryUS
Founded2017
AliasesBenchmark Space Systems
Key programsASCENT green chemical propulsion, Macaw 22N thruster (AFRL SPRINT, through 2026)
Gov customersAFRL
Last funding$33M (Jul 2023); Series B closed 2025 (amount undisclosed, single-source)
IPO statusPrivate

Source: space_company_registry.json · Operator homepage → · Military Aerospace documents the AFRL SPRINT Macaw award; $10.3M DoD FY2021 in local gov_grants DB.

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.