Quantum Space, founded in 2022, is a space infrastructure company focused on developing spacecraft for geosynchronous and cislunar operations. Their Ranger spacecraft are designed for extended life, in-space mobility, on-orbit servicing, and data collection, particularly space domain awareness. Quantum Space aims to establish a "space superhighway" by providing infrastructure for travel and operations in deep space. Key partners include GEOST, Blue Canyon Technologies, and Beyond Gravity, and they have received investment from Sporos Capital Partners.
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Quantum Space won a Pentagon contract to develop a next-generation fuel-transfer vehicle for the U.S. military.
Quantum Space’s anticipated merger close is in the fourth quarter of 2026.
The merged entity will operate under the Quantum Space name and is expected to list on Nasdaq under the ticker symbol QSPC pending shareholder approval.
Quantum Space’s Ranger 500 spacecraft completed a Manufacturing Readiness Review in late 2025.
Quantum Space has raised $57 million in equity funding to date.
Quantum Space has a merger agreement that values the Rockville, Maryland-based spacecraft developer at $1.2 billion post-transaction.
Quantum Space will go public through a combination with special purpose acquisition company Inflection Point Acquisition Corp.
Quantum Space closed a $40 million Series A extension in June of last year.
Jim Bridenstine became Quantum Space's chief executive officer in May 2026.
Quantum Space co-founder and Executive Chairman Kam Ghaffarian said the transaction positions the company to meet growing demand from the U.S. defense sector for sustained orbital mobility.
Quantum Space opened a new manufacturing facility in Tulsa's historic Spartan Building in May 2026.
Facility modifications for Quantum Space's Tulsa site are scheduled to start in July 2026.
Quantum Space plans to open a new manufacturing facility in Tulsa, Oklahoma.
Quantum Space says Ranger can operate at up to 70 percent lower cost than conventional spacecraft architectures beyond low Earth orbit.
Quantum Space plans to use merger proceeds to accelerate production of its Ranger spacecraft platform and expand manufacturing operations.
Quantum Space's Ranger 500 spacecraft completed a Manufacturing Readiness Review in October 2025.
Quantum Space has raised $57 million in equity funding to date.
Quantum Space's Ranger Prime mission is targeting a launch from Vandenberg Space Force Base in California.
The merged entity will operate under the Quantum Space name.
Quantum Space closed a $40 million Series A extension in June 2025.