Sierra Space, a commercial space company with 1,100 employees, more than 500 missions and more than 30 years of space flight, announced a $1.4 billion Series A investment of primary capital, the first capital raise for the company and the second largest private capital raise globally in the aerospace and defense sector.
Sierra Space aims to build the future of space transportation, commercial-space destinations and infrastructure, and enabling technologies that will help to build a vibrant, growing commercial-space economy. As the LEO economy reaches a critical inflection point – driven by the convergence of the increasing commercialization of space, renewed public interest and defense considerations – Sierra Space is developing foundational infrastructure to support this growing ecosystem. By opening up affordable access to space, Sierra Space hopes to enable existing businesses, entrepreneurs, researchers and governments to create breakthroughs that can empower humanity