When was Altaeros founded?

Altaeros was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Altaeros located?

Altaeros is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts.

Who is the current CEO of Altaeros?

Ben Glass of Altaeros. They have also founded 1 company.

How many employees does Altaeros have?

As of Feb 28, 2026, the latest employee count at Altaeros is 46.

Is Altaeros a funded company?

Altaeros is a funded company, having raised a total of $67.2M across 11 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jun 28, 2011.

When was the latest funding round of Altaeros?

Altaeros' latest funding was a $***** Series B round on Dec 20, 2024, with participation from 0 investor.

Where does Altaeros rank among its competitors?

Altaeros ranks 3rd amongst 144 active competitors, of which 20 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was SORA Technology, which secured $2.5M in Dec, 2025.

Who are the top competitors of Altaeros?

Altaeros' top competitors include Flylogix, Hemav and Horus Smart Detections. Among them, SORA Technology secured the most recent funding round in December, 2025.

Altaeros - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of wireless network infrastructure solutions. It provides wireless network infrastructure through an aerostat platform to telecom, renewable energy, and enterprise sectors. It offers SuperTower, an aerial platform with a flight control system that integrates high-gain antennas and a 5G multi-sector LTE base station. It also allows the incorporation of multiple radio systems for delivering internet connectivity. It also offers AI-driven automated dispatch and fight director.

Website: www.altaeros.com/
Social
Email ID: *****@altaeros.com
Registered Address: Somerville, Massachusetts

Key Metrics

Founded Year

2010

Location

Somerville, United States

Stage

Series B

Total Funding

$67.2M in 11 rounds

Latest Funding Round

Series B, Dec 20, 2024, $*****

Investors

SoftBank Group & 13 more

Ranked

3^rd among 144 active competitors

Employee Count

46 as on Feb 28, 2026

Similar Companies

Flylogix & 228 more

View Altaeros' full profile

Altaeros is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ALTAEROS ENERGIES, INC CIN: 273144887 , United States, Active	Dec 31, 2009	-	41 (As on Dec 31, 2022)	-

Altaeros has raised a total funding of $67.2M over 11 rounds. Its first funding round was on Jun 28, 2011. Altaeros has 13 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Altaeros:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 20, 2024	3552390	Series B	4840288	4010189	5607384	2219774
Jun 09, 2023	5811382	Series B	5303584	8637075	5771795	9091455
Jul 25, 2022	5194020	Series B	4394813	9834339	7302088	2951357

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View details of Altaeros's funding rounds and investors

The founders of Altaeros are Ben Glass and Adam Rein. Ben Glass is the CEO of Altaeros.

Here are the details of Altaeros' key team members:

Ben Glass: Co-Founder, CEO & CTO of Altaeros.
Contact Info: 1 email address
Adam Rein: Founder & Chairman of Altaeros.
Contact Info: 1 email address

View details of Altaeros's Founder profiles and Board Members

Altaeros' employee count trend

Altaeros has 46 employees as of Feb 26. Here is Altaeros's employee count trend over the years:

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Top competitors of Altaeros include Flylogix, Hemav and Horus Smart Detections. Here is the list of Top 10 competitors of Altaeros, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flylogix 2015, Lee on the Solent (United Kingdom), Series A	Unmanned aircraft for remote operations and monitoring	$3.95M	BP Ventures, Amati Global Investors	58/100
2nd	Hemav 2012, Castelldefels (Spain), Series A	Aerial photography and remote sensing services using proprietary drones	$12.1M	Scranton, Future Food Fund & 5 others	42/100
3rd	Altaeros 2010, Somerville (United States), Series B	Provider of wireless network infrastructure solutions	$67.2M	SoftBank Group, Mitsubishi Heavy Industries ... & 12 others	56/100
4th	Horus Smart Detections 2014, Florianopolis (Brazil), Acquired	Provider of multiple drone service solutions for enterprises	$3.61M	EqSeed, SP Ventures & 2 others	46/100
5th	Droni Tech 2018, Mumbai (India), Seed	Provider of multi-industry services using proprietary drones	$739K	Eagle Security and Personnel Services, CS Ventures ... & 4 others	46/100
6th	Garuda 2013, Singapore (Singapore), Funding Raised	Drone fleet management systems for businesses	-	Nest, Hustle Fund & 1 others	45/100
7th	SORA Technology 2020, Nagoya (Japan), Seed	Developer of multi-utility drones and solutions	$7.2M	Uneri, CJIC & 6 others	45/100
8th	Azur Drones 2014, Boulogne billancourt (France), Series A	Provider of drone flight solutions using proprietary drones	$7.71M	Inter Invest, Europa	41/100
9th	Airware 2011, San Francisco (United States), Acqui-Hired	Develops an integrated platform for delivering drone-based solutions to enterprise clients	$116M	Kleiner Perkins, Next World Capital & 22 others	41/100
10th	mdGroup 2019, Canada, Unfunded	Provider of aerial survey and 3D mapping solutions	-	-	40/100