Phantom Space Corp

Phantom Space Corporation is a pioneering aerospace company specializing in launch and satellite solutions, aiming to revolutionize space transportation logistics with innovative products. Founded in 2019 and headquartered in Tucson, US, Phantom Space Corporation focuses on providing launch and satellite solutions. The company was co-founded by Jim Cantrell (CEO) and Michal Prywata, both of whom have extensive experience in the aerospace sector. In March 2024, Phantom Space Corp raised an undisclosed amount of venture funding led by Balerion Space Ventures, with participation from Reaser Family Office and Kolh Capital.

Phantom Space Corporation specializes in comprehensive launch and satellite solutions that transform space transportation logistics. Its offerings include modular satellite systems and dedicated launch services, catering to both commercial and governmental projects. With the Phantom Cloud data centers, the company establishes a digital infrastructure in space for rapid data processing, targeting businesses and government agencies in the US and internationally. Their products meet the growing demand for efficient, scalable satellite solutions, minimizing the complexities associated with traditional satellite technology.

Phantom Space Corporation generates revenue through direct service agreements and partnerships with governmental and commercial clients. The company's transaction structure is primarily B2B, involving contracts for satellite launches and related services. These agreements often feature negotiated pricing based on launch scope and may include ongoing obligations for satellite maintenance and data services via Phantom Cloud, thereby enhancing the company's operational sustainability. Following the successful Seed funding round in April 2021, which raised USD 5.

000 mn, Phantom Space Corp plans to utilize these funds to expand their team of engineers, scientists, technicians, and managers. The company aims to enhance its business reach and develop new products designed for upcoming launches to better serve the expanding market.