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Argo - About the company

Argo is a series A company based in Hermosa Beach (United States), founded in 2022 by Kirby Carlisle and Robert Carlisle. It operates as an Operator of water-propelled spacecraft providing in-space transportation and mobility services. Argo has raised $12M in funding from Crosslink Capital and Type One Ventures. The company has 23 active competitors, including 10 funded and 2 that have exited. Its top competitors include companies like ElevationSpace, Momentus Space and Exos Aerospace.

Company Details

Operator of water-propelled spacecraft providing in-space transportation and mobility services. It designs, builds, and operates reusable vehicles for delivery to various orbits. The company offers full-service transportation, orbital maneuver, and payload hosting. Services include low-cost access to GEO and cislunar space using LEO launch. It also provides smallsat delivery to any orbit, orbital movement, and on-orbit refueling.
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Key Metrics
Founded Year
2022
Location
Hermosa Beach, United States
Stage
Series A
Total Funding
$12M in 2 rounds
Latest Funding Round
Ranked
Employee Count
33 as on Aug 31, 2026
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Argo's funding and investors

Argo has raised a total funding of $12M over 2 rounds. Its first funding round was on Apr 13, 2023. Its latest funding round was a Series A round on Oct 03, 2024 for $*****. 4 investors participated in its latest round. Argo has 6 institutional investors.

Here is the list of recent funding rounds of Argo:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 03, 2024
8917518
Series A
1808632
8473182
1984873
7472274
Apr 13, 2023
2707320
Seed
5695265
2569690
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Argo's founders and board of directors

Founder? Claim Profile
The founders of Argo are Kirby Carlisle and Robert Carlisle.
Here are the details of Argo's key team members:

Argo's employee count trend

Argo has 33 employees as of Aug 26. Here is Argo's employee count trend over the years:
Employee count trend for Argo
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Argo's Competitors and alternates

Top competitors of Argo include ElevationSpace, Momentus Space and Exos Aerospace. Here is the list of Top 10 competitors of Argo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ElevationSpace
ElevationSpace
2021, Sendai (Japan), Series B
Manufacturer of AI-based satellites
$58.7M
56/100
2nd
Logo for Momentus Space
Momentus Space
2017, Santa Clara (United States), Public
Developer of in-space transportation solutions
$33.8M
54/100
3rd
Logo for Argo
Argo
2022, Hermosa Beach (United States), Series A
Operator of water-propelled spacecraft providing in-space transportation and mobility services
$12M
52/100
4th
Logo for Exos Aerospace
Exos Aerospace
2014, Greenville (United States), Series A
Provider of reusable rockets and suborbital space access launch services
$7.03M
-
52/100
5th
Logo for Space Phoenix Systems
Space Phoenix Systems
2024, Baltimore (United States), Seed
Operator of reusable spacecraft for orbital payload delivery and retrieval
$7.5M
-
51/100
6th
Logo for UARX
UARX
2014, Nigran (Spain), Unfunded
Provider of space transportation services
-
-
44/100
7th
Logo for Atomos
Atomos
2017, Denver (United States), Acquired
Provider of in-space transportation services
$23.4M
42/100
8th
Logo for Fortastra
Fortastra
Torrance (United States), Seed
Developer of spacecraft for maneuvering, assessment, and space system protection
$8M
41/100
9th
Logo for Kall Morris
Kall Morris
2019, Marquette (United States), Seed
Provider of end-of-life services, orbit change maneuvers, and active debris removal
$535K
37/100
10th
Logo for Orbital Paradigm Space
Orbital Paradigm Space
2023, Valencia (Spain), Seed
Developer of reusable spacecraft for in-space logistics and return services
$1.74M
36/100
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Argo's Investments and acquisitions

Argo has made no investments or acquisitions yet.

Reports related to Argo

Here is the latest report on Argo's sector:

News related to Argo

Media has covered Argo for 1 event in last 1 year, It was about company updates.
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