Morpheus Space
Electric propulsion for the small satellite industry
- 21-100 employees
- B2B
- Artificial Intelligence
- Manufacturing
- Mobility
- Aerospace
- Financial District, Los Angeles, CA
Jump to section
Company mission
To redefine satellite mobility, serving as the support for those innovators who are chasing the ultimate dream of space exploration.
Our take
The small satellite industry is currently experiencing explosive growth, witnessing a remarkable 450% surge in launches since 2019. Projections indicate an annual growth rate of approximately 16% until 2030. Some analysts even predict that the entire space industry could reach a staggering $1T in annual revenue by 2040.
Operating from a dual base in California and Dresden, Germany (where co-founder Daniel Brock developed the company's prototypes), Morpheus Space specializes in the production of electric propulsion systems tailored for small satellites. A pivotal feature of Morpheus' thrusters lies in their modularity, making it adaptable and combinable for virtually any small satellite.
Morpheus Space made significant strides in the industry by introducing its Nano Field Effect Electric Propulsion (NanoFEEP) thruster in 2020, garnering the attention of prominent clients and securing substantial funding from Alpine Space Ventures to scale up production. Despite supply chain concerns affecting the entire sector due to microchip shortages and other crucial components, Morpheus Space appears well-positioned to weather any potential turbulence.
Freddie
Company Specialist at Welcome to the Jungle
Funding (last 2 of 3 rounds)
Sep 2022
$28m
SERIES A
Nov 2021
$0.1m
GRANT
Total funding: $29.6m
This company has top investors
Leadership
Daniel Bock
(Co-Founder & CEO)Previously spent seven years at Dresden's Technische Universität as a Researcher of electric space propulsion and Lecturer of Aerospace BSc and MSc, then as Principal Investigator and Lead of Team Morpheus.