Sierra Space
Dream Chaser reusable spaceplane for ISS cargo. LIFE inflatable habitat for Orbital Reef. NASA CLD participant.
FINANCIAL HEALTH
CAPITAL & CREDIT PROFILE
Source: USAspending.gov award obligations matched to this company. Obligations, not recognized revenue.
SCHEDULE CREDIBILITY
How well this operator historically meets its own projected dates — launch NETs, company-announced roadmap milestones, and forward-dated facility plans. 100 = says what it does. Discount forward guidance accordingly.
| Source | Events | Late (share) | Median slip | Median slip, late only | Sub-score | On-time allowance |
|---|---|---|---|---|---|---|
| Roadmap milestones | 2 | 2 (100%) | 209 d | 209 d | 14.4 | 30 d |
WORST SLIPS (RECEIPTS)
| Commitment | Source | Announced | Outcome | Slip |
|---|---|---|---|---|
| Dream Chaser Tenacity first launch (DC-1) (Dream Chaser) open, 209d past target | Roadmap milestones | 2025 | still open | 209 d and counting |
| First Dream Chaser ISS docking (Dream Chaser) open, 209d past target | Roadmap milestones | 2025 | still open | 209 d and counting |
SCI = 100 × Σ(event credit) ÷ N over the trailing 36 months (2023-07-29 → 2026-07-28). Event credit = 1.0 when the commitment met its announced date (launches: net NET slip < 1 day; roadmap milestones & facility plans: within 30 days of the announced target window — month/year-precision targets count the whole period as on-time), else 30 ÷ (30 + days late beyond that allowance). Sources are pooled, so each source weighs by its event count. Sources: launch NET-change log (LL2 ingest, tracked since 2026-04-17; flown launches in coverage + not-yet-flown launches already slipped ≥1 day; cancelled launches excluded), roadmap registry milestones (company-announced targets, verified provenance only; open milestones past target count as late by days-overdue), facility_plans rows with target_date after announced_at (filing-dated rows excluded). Confidence: high ≥20 events, medium ≥8, low ≥5; no score below 5 events. 100 = says what it does.
Window: 2023-07-29 → 2026-07-28 (36 months) · launch NET log live since 2026-04-17
RECENT DEALS & CONTRACTS
| Date | Type | Amount | Counterparty | Significance |
|---|---|---|---|---|
| Jul 13, 2026 | Contract Award | $1.75B | Space Development Agency, L3Harris, Sierra Space | Critical |
| Dec 18, 2025 | Contract Award | $6.5M | National Aeronautics and Space Administration, SIERRA SPACE CORP | Medium |
| Apr 30, 2025 | Contract Award | $4.2M | National Aeronautics and Space Administration, SIERRA SPACE CORP | Medium |
SECTOR POSITION
RECENT COVERAGE
| Date | Source | Headline |
|---|---|---|
| Jul 13, 2026 | SpaceNews | L3Harris, Sierra Space to build 36 satellites to expand U.S. missile-tracking network |
| Jul 09, 2026 | Payload Space | Blue Origin Seeks $10B at $130B Valuation, Reporting Shows |
| Dec 18, 2025 | USAspending.gov | Administration Awards $4.1M to SIERRA SPACE CORP for ADVANCED SPACESUIT REGULATOR (ASR) |
| Dec 18, 2025 | USAspending.gov | Administration Awards $6.5M to SIERRA SPACE CORP for ADVANCED SPACESUIT REGULATOR (ASR) |
| Apr 30, 2025 | USAspending.gov | Administration Awards $4.2M to SIERRA SPACE CORP for NEXT SPACE TECHNOLOGIES EXPLORATION PARTNERSHIP-2 APPENDIX R: LUNAR LOGISTICS &... |
REGISTRY DATA
Source: space_company_registry.json · Operator homepage → · Sierra Space's official press releases page (sierraspace.com) documents Dream Chaser ISS cargo certification milestones and Orbital Reef partnership — establishes the operator's participation in the c
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.