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Benchmark Space Systems

US
commercialFounded 2017
Burlington, Vermont, United States
www.benchmarkspacesystems.com
Admin Edit

Verified facts grounded in source documentation.

The milestone debut of Benchmark Space Systems’ electric propulsion system in space occurred less than eighteen months after Benchmark acquired the metal plasma thruster technology from Alameda Applied Sciences Corporation.

ORG RELATIONSHIP3/21/2024Benchmark Space Systems Deploys its Xantus Electric Propulsion System on Orion's Satellite

Benchmark Space Systems raised $33,000,000 in Series B funding.

NARRATIVE FINANCIAL8/10/2023Benchmark raises million$$ + moves to new HQ with world-class test + mfg. capabilities

Benchmark Space Systems moved its headquarters to a new 40,000-square-foot facility in Vermont.

NARRATIVE GROWTH8/10/2023Benchmark raises million$$ + moves to new HQ with world-class test + mfg. capabilities

Benchmark Space Systems’ new headquarters features hot fire chambers, vibration tables, thermal vacuum chambers, and lean production flow lines housed in ISO 7 clean-room environments.

TECHNICAL PRODUCT8/8/2023Press Release: Benchmark Makes Milestone Move to New HQ with World-Class Tech and Manufacturing Capabilities

Benchmark Space Systems laid off 15% of its 118 workers in late June 2023 and subsequently raised a $33,000,000 Series B round.

NARRATIVE FINANCIAL8/5/2023Astra lays off, reassigns employees as it refocuses on satellite propulsion

Benchmark Space Systems raised $33,000,000 in a Series B funding round.

NARRATIVE FINANCIAL7/10/2023Benchmark raises $33 million in Series B round

Benchmark Space Systems raised $33,000,000 in a Series B funding round.

NARRATIVE FINANCIAL7/10/2023Benchmark raises $33 million in Series B round

Benchmark Space Systems plans to produce at least 200 Lynx bi-propellant (HTP + fuel) thrusters 2023 to meet demand for LEO and cislunar missions.

NARRATIVE PLAN3/23/2023Benchmark Space Systems Ramps Up Production of Metal Plasma and Bi-Propellant Thrusters

Wesley Grove was named Chief Operations Officer at Benchmark after serving as Senior Operations Manager and will continue to oversee strategic facilities and manufacturing expansions in the U.S. and UK.

NARRATIVE GOVERNANCE3/16/2023Benchmark Space Systems fires up metal plasma + bi-prop thruster production + realigns executive team

Benchmark Space Systems acquired Alameda Applied Sciences Corp.’s (AASC’s) metal plasma thruster technology six months before 2023-03-14.

ORG RELATIONSHIP3/14/2023Press Release: Benchmark Space Systems Fires Up Metal Plasma and Bi-Prop Thruster Production, Realigns Senior Executive Team to Deliver on Intensifying Hybrid Propulsion System Demand

The majority of Benchmark Space Systems’ booked engines are being built and tested at the company’s headquarters facility in Burlington, Vermont.

NARRATIVE GROWTH11/16/2022Benchmark Space Systems grows nearly tripling their team and expanding production to meet propulsion system demand

The majority of Benchmark Space Systems’ booked engines are being built and tested at the company’s headquarters facility in Burlington, Vermont.

NARRATIVE GROWTH11/16/2022Benchmark Space Systems grows nearly tripling their team and expanding production to meet propulsion system demand

Most Benchmark engines are being built and tested at the company’s Burlington, Vermont, headquarters.

NARRATIVE GENERAL11/15/2022Benchmark expands staff and facilities to meet demand

Benchmark Space Systems will establish a manufacturing and test facility at the Westcott Innovation Centre in the United Kingdom.

NARRATIVE GROWTH11/15/2022Benchmark expands staff and facilities to meet demand

On 2022-10-13, Benchmark Space Systems was selected by The Exploration Company to develop the propulsion system for The Exploration Company’s second demonstrator flight, Mission Possible.

NARRATIVE PLAN10/14/2022The Exploration Company Selects Benchmark Space Systems Propulsion System To Power its ‘Mission Possible’ Demonstrator Flight in 2024

On 2022-08-08, Benchmark Space Systems planned to acquire Alameda Applied Science Corp.’s electric propulsion technologies.

ORG RELATIONSHIP8/8/2022Benchmark acquires Alameda Applied Science Corp. electric propulsion

Benchmark Space Systems planned to begin offering hybrid chemical-electric propulsion systems.

NARRATIVE PLAN8/8/2022Benchmark acquires Alameda Applied Science Corp. electric propulsion

Benchmark Space Systems will acquire Alameda Applied Sciences Corporation’s electric propulsion technologies.

ORG RELATIONSHIP8/8/2022Press Release: The Space Economy Gets Major Tech Advancement with Hybrid Mobility Packages

Benchmark Space Systems plans to build more than 150 propulsion systems over the next eighteen months.

NARRATIVE PLAN4/5/2022Press Release: Benchmark Space Systems Triples Propulsion System Production Capacity, Doubles Personnel to Meet Thruster and In-Space Mobility Demand

Benchmark Space Systems’ Halcyon high-test peroxide (HTP)-based propulsion system performed mission-critical maneuvers aboard three satellites that reached orbit on SpaceX Transporter 2.

TECHNICAL PRODUCT4/5/2022Press Release: Benchmark Space Systems Triples Propulsion System Production Capacity, Doubles Personnel to Meet Thruster and In-Space Mobility Demand
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