Phantom Space

Phantom Space develops mass-manufactured launch vehicles and modular satellite systems with the goal of reducing the cost and timeline of deploying orbital infrastructure. The company is building Daytona, a two-stage expendable small-lift launch vehicle powered by Ursa Major Hadley engines, designed to deliver up to 450 kilograms to low Earth orbit at approximately $4 million per dedicated launch. Daytona has completed propulsion hot-fire testing and targets a first flight in the second half of 2027.

Beyond launch, Phantom Space designs and manufactures spacecraft ranging from 1 kg to 1,200 kg, offering satellite-as-a-service for customers building constellations. The company is also developing Phantom Cloud, a 66-satellite constellation intended to provide distributed in-orbit data processing and communications relay, serving as orbital data center infrastructure. Phantom operates an all-domestic U.S. supply chain, strengthened by acquisitions of StratSpace, Micro Aerospace Solutions, and Vector Launch assets. The company holds launch agreements at Vandenberg SLC-5, Cape Canaveral LC-13, Arnhem Space Centre, and Pacific Spaceport Complex. Phantom Space is privately held, headquartered in Tucson, Arizona, and serves both commercial satellite operators and U.S. government customers.