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SBSP · OPERATOR PROFILE · DATA AS OF 2026-06-10

Reflect Orbital

Active SBSP Private HQ: Hawthorne, California Founded 2021

Hawthorne, CA startup selling 'sunlight after dark': large mylar orbital mirrors that redirect sunlight to ground solar farms and military sites. First demonstration satellite slated mid-2026 with a 4,000-satellite constellation application on file at the FCC; a $1.25M AFWERX SBIR Phase II (2025) anchors the defense use case. Faces organized dark-sky/astronomy opposition.

42.7
ARI Composite
Very High Risk
#12 of 30
Peer Rank
Infrastructure cohort
Total Launches
No flights tracked
Estimated valuation
Not disclosed

FINANCIAL HEALTH

42.7
ARI composite · Very High Risk
Peer rank#12 of 30
Peer groupInfrastructure
Data coverage82%
Tracked gov contracts$1.2M across 1 awards

CAPITAL & CREDIT PROFILE

Government capital
$1.2M lifetime tracked obligations across 1 awards — top agency Department of Defense ($1.2M) (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 sectorSBSP
Rank within sector#12 of 30
Tracked peers30

REGISTRY DATA

Legal nameReflect Orbital Inc.
OwnershipPrivate
HeadquartersHawthorne, California
CountryUS
Founded2021
AliasesReflect Orbital, Reflect Orbital Inc
Key programsEarendil-1 mirror demonstrator (2026), 4,000-satellite mirror constellation (FCC application)
Gov customersDoD (AFWERX)
Last fundingSeries A, $20M (Lux Capital-led); ~$26.5M total
IPO statusPrivate

Source: space_company_registry.json · Operator homepage → · Space Frontier Foundation SBSP company report documents the mirror constellation plan and funding history; AFWERX award corroborated in local gov_grants DB ($1.2M DoD, May 2025).

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.