Benchmark Space Systems is a Space & ISR company founded in 2017 and based in Burlington, United States. It has raised $41M in total funding, most recently a Series B in 2023.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Jul 1, 2023 | Series B | $33M | — | — |
| Oct 1, 2020 | Series A | $8M | — | ATX Venture Partners |
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Milli-Newton class electric propulsion system for small satellites that uses solid metal (molybdenum) as propellant rather than gas or liquid—eliminating high-pressure tanks and simplifying integration. Operates from 0–50 W input power; suited for station-keeping on 5–250 kg cubesats and microsats up to ESPA class. Successfully deployed to orbit and verified on-orbit in 2025.
High-performance chemical propulsion offering for satellite operators requiring rapid, high-thrust maneuvers. Provides both monopropellant and bipropellant configurations for orbital raising, collision avoidance, and de-orbit. Designed for integration with LEO constellation satellites and responsive space missions including Space Force tactically responsive launch programs.
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