The Frontier Leaders · Space 100 · Sierra Space

Sierra Space

Louisville, Colorado, United States · Space · Infrastructure / Stations & habitats (orbital) · Established · sierraspace.com

Sierra Space develops and manufactures spacecraft platforms including the reusable Dream Chaser orbital vehicle and satellites for SDA missile-warning and missile-defense programs.

Positioning

Sierra Space is a US space company whose operating engine is now defense manufacturing: an SDA Tranche 2 award ($740M/18 missile-warning satellites, first structures completed early), a new $798M AMDT3 award (July 2026, 18 more Tranche 3 tracking satellites for Golden Dome), and a classified $450M intelligence contract. A new CEO (ex-Maxar Dan Jablonsky, February 2026) is converting it into a high-rate manufacturer, while its Dream Chaser was downgraded (NASA CRS-2 modified, first flight now a free-flyer demo with ISS docking cancelled). It raised a $550M Series C in March 2026 (>$1.4B cumulative, a $5.3B 2023 valuation).

Latest signals

  • Sierra Space’s Ghost cargo vehicle completed a 90-minute delivery from 68,500 feet.Interesting Engineering
  • Sierra Space signed national security and commercial customers for Dream Chaser’s first orbital mission.SpaceNews
  • L3Harris Technologies and Sierra Space won $1.75 billion to build 36 missile-tracking satellites.SpaceNews
  • Astrion named former Sierra Space CEO Tom Vice as its CEO.SpaceNews
  • Sierra Space closed a $550 million Series C at an $8 billion valuation.Payload

19 signals name Sierra Space. Members see all of them, filtered by topic, source and date.

Facts, with sources

  • National-security and commercial customersCustomer · SpaceNews
  • National-security and commercial customers signed for Dream Chaser’s first orbital missionPartnership · SpaceNews
  • Inaugural Dream Chaser flight carrying national security, civil and commercial payloadsDeployment · SpaceNews
  • National-security and commercial payload customersCustomer · SpaceNews; signal f4db5189

34 facts on file. Members see all of them with the source link.

Scores, Space (of 10)

Deployment6
Production8
Commercials6
Progress9
Technology8
Positioning8
Firepower8
Leverage6

Traction: deployment, production, commercials, progress. Capability: technology, positioning, firepower, leverage.

Peers in Stations & habitats (orbital)

51Vast · 73.564Axiom Space · 7065Orbit Fab · 7069Voyager Technologies · 68

The segment's suppliers, constraints and risers, for members.

Questions this page answers

What does Sierra Space do?

Sierra Space develops and manufactures spacecraft platforms including the reusable Dream Chaser orbital vehicle and satellites for SDA missile-warning and missile-defense programs. Sierra Space is a US space company whose operating engine is now defense manufacturing: an SDA Tranche 2 award ($740M/18 missile-warning satellites, first structures completed early), a new $798M AMDT3 award (July 2026, 18 more Tranche 3 tracking satellites for Golden Dome), and a classified $450M intelligence contract. A new CEO (ex-Maxar Dan Jablonsky, February 2026) is converting it into a high

Where does Sierra Space rank in space?

Sierra Space ranks 45 of 100 on the Space 100 (November 2026 edition) with a score of 75 out of 100, in Stations & habitats (orbital) (Infrastructure). Assessment by Frontier Tech Intelligence.

Who are Sierra Space's peers in Stations & habitats (orbital)?

Vast (rank 51), Axiom Space (rank 64), Orbit Fab (rank 65), Voyager Technologies (rank 69).

Where is Sierra Space based and when was it founded?

Sierra Space is based in Louisville, Colorado, United States. Stage: Established.

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