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Blue Canyon Tech - About the company

Blue Canyon Tech is an acquired company based in Boulder (United States), founded in 2008 by George Stafford and Matt Beckner. It operates as a Developer of satellites and spacecraft. Blue Canyon Tech has raised an undisclosed amount in funding. The company has 239 active competitors, including 39 funded and 21 that have exited. Its top competitors include companies like Paras Defence & Space Technologies, Terran Orbital and GalaxEye.

Company Details

Blue Canyon Technologies is a developer of satellites and spacecraft. Its features include satellite bus and altitude control systems, reaction wheels, star trackers, power systems and solar arrays.
Social
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Email ID
*****@bluecanyontech.com
Phone Number
+1 **********
Registered Address
Boulder, Colorado
Key Metrics
Founded Year
2008
Location
Boulder, United States
Stage
Acquired
Investors
Ranked
Employee Count
341 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by MDA (Jun 19, 2026)

Blue Canyon Tech's acquisition details

Blue Canyon Tech got acquired by MDA on Jun 19, 2026.
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Blue Canyon Tech's funding and investors

Blue Canyon Tech has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jul 31, 2025 for $*****. 1 investor participated in its latest round. Blue Canyon Tech has 1 institutional investor.

Here is the list of recent funding rounds of Blue Canyon Tech:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 31, 2025
1548644
Grant (prize money)
9632207
7408668
3619303
9597470
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Blue Canyon Tech's founders and board of directors

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The founders of Blue Canyon Tech are George Stafford and Matt Beckner.
Here are the details of Blue Canyon Tech's key team members:

Blue Canyon Tech's employee count trend

Blue Canyon Tech has 341 employees as of Aug 26. Here is Blue Canyon Tech's employee count trend over the years:
Employee count trend for Blue Canyon Tech
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Blue Canyon Tech's Competitors and alternates

Top competitors of Blue Canyon Tech include Paras Defence & Space Technologies, Terran Orbital and GalaxEye. Here is the list of Top 10 competitors of Blue Canyon Tech, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Paras Defence & Space Technologies
Paras Defence & Space Technologies
1972, Navi Mumbai (India), Public
Company offering wide range of defence products & solutions
$4.57M
73/100
2nd
Logo for Terran Orbital
Terran Orbital
2013, Irvine (United States), Acquired
Provider of hardware for satellites
$144M
73/100
3rd
Logo for GalaxEye
GalaxEye
2021, Bengaluru (India), Series A
Developer of multi-sensor imaging satellites for geospatial analysis
$24.1M
67/100
4th
Logo for Apex
Apex
2022, Los Angeles (United States), Series D
Manufacturer of configurable satellite platforms designed for various mission requirements
$718M
66/100
5th
Logo for ReOrbit
ReOrbit
2019, Helsinki (Finland), Series A
Manufacturer of sovereign satellites and connected systems for national security
$60.2M
66/100
6th
Logo for XDLINX
XDLINX
2022, Hyderabad (India), Seed
Developer of satellite platforms for intelligence, surveillance, and reconnaissance missions
$7.22M
62/100
7th
Logo for Quantum Space
Quantum Space
2022, Rockville (United States), Series A
Developer of maneuverable spacecraft for defense and commercial on-orbit missions
$57M
60/100
8th
Logo for NaraSpace
NaraSpace
2015, Busan (South Korea), Public
Manufacturer of nano satellites
$24.3M
60/100
9th
Logo for Sophia Space
Sophia Space
2025, Pasadena (United States), Seed
Developer of orbital compute and data centers powered by solar energy
$22M
60/100
10th
Logo for Sierra Space
Sierra Space
2021, Louisville (United States), Series C
Developer of space systems, components, spacecraft, propulsion, and related technologies
$2.29B
60/100
20th
Logo for Blue Canyon Tech
Blue Canyon Tech
2008, Boulder (United States), Acquired
Developer of satellites and spacecraft
-
54/100
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Looking for more details on Blue Canyon Tech's competitors? Click here to see the top ones

Blue Canyon Tech's Investments and acquisitions

Blue Canyon Tech has made 1 investment in BreadCrumbs and acquired Antenna Development.

Reports related to Blue Canyon Tech

Here is the latest report on Blue Canyon Tech's sector:

News related to Blue Canyon Tech

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Media has covered Blue Canyon Tech for a total of 5 events in the last 1 year, 3 of them have been about company updates.
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Blue Canyon Technologies Unveils FleXbus Spacecraft SubsystemSpaceNews•Aug 26, 2026•Blue Canyon Tech
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RTX's Blue Canyon satellite delivers for NASA's Pandora exoplanet missionBusiness News Today•Jan 15, 2026•RTX, Blue Canyon Tech
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Blue Canyon Technologies Satellites Launched for NASA’s Climate MissionPotomacofficersclub•Jun 07, 2024•Blue Canyon Tech
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RTX provides Blue Canyon Satellites for NASA Polar climate missionPR Newswire•Jun 06, 2024•RTX, Blue Canyon Tech
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NASA Selects Companies for $6B Spacecraft Acquisition ProgramPotomacofficersclub•May 20, 2024•NASA, Argotec, Blue Canyon Tech, GA and 2 others
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