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LaunchPoint - About the company

LaunchPoint is an early stage company based in Goleta (United States), founded in 1992 by Brad E Paden. It operates as a Provider of hybrid electric propulsion systems and modeling software. LaunchPoint has raised $11.4M in funding. The company has 137 active competitors, including 29 funded and 10 that have exited. Its top competitors include companies like BETA, Aurora and H55.

Company Details

Provider of hybrid electric propulsion systems and modeling software. Its design software facilitates the virtual modeling of electric and hybrid-electric aircraft propulsion systems. Its features include motor and drive combination optimization, off-design performance analysis, system-level trade studies performance, variables-based executions view, and subsystem specification. It also provides motors and hybrid generator sets including turbogenerators for electric flight solutions, hybrid electric motors, and motor controllers for unmanned air vehicles, aircraft, and aerospace power generation.
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Key Metrics
Founded Year
1992
Location
Goleta, United States
Stage
Early Stage
Total Funding
$11.4M in 12 rounds
Ranked
Employee Count
40 as on Sep 30, 2026
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LaunchPoint's funding and investors

LaunchPoint has raised a total funding of $11.4M over 12 rounds. Its first funding round was on Jun 04, 2009. LaunchPoint has 1 institutional investor.

Here is the list of recent funding rounds of LaunchPoint:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 10, 2024
6035173
Unattributed
8217109
3802788
4247284
8829125
May 31, 2023
1017652
Conventional Debt
7034984
6131134
2369465
1122139
Nov 30, 2022
7830931
Unattributed
2986695
9916292
2662666
7597885
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LaunchPoint's founders and board of directors

Founder? Claim Profile
The founders of LaunchPoint is Brad E Paden. Robert Reali is the CEO of LaunchPoint.
Here are the details of LaunchPoint's key team members:

LaunchPoint's employee count trend

LaunchPoint has 40 employees as of Sep 26. Here is LaunchPoint's employee count trend over the years:
Employee count trend for LaunchPoint
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LaunchPoint's Competitors and alternates

Top competitors of LaunchPoint include BETA, Aurora and H55. Here is the list of Top 10 competitors of LaunchPoint, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BETA
BETA
2012, South Burlington (United States), Public
Manufacturer of electric aircraft, charging systems, and customized training programs
$1.66B
79/100
2nd
Logo for Aurora
Aurora
1989, Manassas (United States), Acquired
Developer of advanced aircraft and enabling technologies for government and commercial sectors
$6.85M
67/100
3rd
Logo for H55
H55
2015, Sion (Switzerland), Series C
Developer of electric propulsion and energy storage systems for aviation
$147M
65/100
4th
Logo for ZeroAvia
ZeroAvia
2018, Everett (United States), Series C
Manufacturer of hydrogen electric propulsion systems for commercial aviation aircraft
$348M
64/100
5th
Logo for Greenjets
Greenjets
2005, London (United Kingdom), Series A
Developer of electric jet engines for sustainable aviation propulsion systems
$47.5M
64/100
6th
Logo for Dheya Engineering Technologies
Dheya Engineering Technologies
2018, Bengaluru (India), Seed
Provider of advanced turbomachinery and aerospace engineering solutions
$6.06M
57/100
7th
Logo for Whisper Aero
Whisper Aero
2021, Crossville (United States), Series B
Developer of electric propulsion systems for aviation, defense, and commercial sectors
$85.8M
57/100
8th
Logo for VerdeGo Aero
VerdeGo Aero
2017, Daytona Beach (United States), Series B
Provider of power and propulsion technologies to develop electric aircraft
$14.6M
55/100
9th
Logo for magniX
magniX
2009, Everett (United States), Unfunded
Developer of electric propulsion systems for aerospace and defense
-
-
50/100
10th
Logo for OhmSpace
OhmSpace
2021, Southampton (United Kingdom), Seed
Provider of spacecraft propulsion technology for the satellite market
$4.21M
49/100
11th
Logo for LaunchPoint
LaunchPoint
1992, Goleta (United States), Early Stage
Provider of hybrid electric propulsion systems and modeling software
$11.4M
50/100
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LaunchPoint's Investments and acquisitions

LaunchPoint has made no investments or acquisitions yet.

Reports related to LaunchPoint

Here is the latest report on LaunchPoint's sector:

News related to LaunchPoint

Media has covered LaunchPoint for 1 event in last 1 year.
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LaunchPoint Unveils New WebsiteLaunchPoint Technologies•Aug 25, 2005•LaunchPoint
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