When was Skykraft founded?

Skykraft was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is Skykraft located?

Skykraft is headquartered in Canberra, Australia.

How many employees does Skykraft have?

As of Apr 30, 2026, the latest employee count at Skykraft is 48.

Is Skykraft a funded company?

Skykraft is a funded company, having raised a total of $79.4M across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jun 22, 2020.

When was the latest funding round of Skykraft?

Skykraft's latest funding was a $***** Series B round on Oct 17, 2023, with participation from 3 investors.

Where does Skykraft rank among its competitors?

Skykraft ranks 5th amongst 17 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Xona Space Systems, which secured $170M in Mar, 2026.

Who are the top competitors of Skykraft?

Skykraft's top competitors include Xona Space Systems, Satelles and VyomIC. Among them, Xona Space Systems secured the most recent funding round in March, 2026.

Skykraft - 2026 Company Profile, Team, Funding & Competitors

Skykraft is a series B company based in Canberra (Australia), founded in 2017 by James Prior. It operates as a Developer of space-based air traffic management and safety enhancement systems. Skykraft has raised $79.4M in funding from investors like Foresight Group, OPTrust and Main Sequence. The company has 17 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Xona Space Systems, Satelles and VyomIC.

Company Details

Developer of space-based air traffic management and safety enhancement systems. The company focuses on continuous communications and surveillance to improve global air traffic safety. It aims to provide resilience through multiple levels of redundancy and cyber protection. The company's work supports optimized airspace use in congested areas.

Website: www.skykraft.com.au/
Email ID: *****@skykraft.com.au

Key Metrics

Founded Year

2017

Location

Canberra, Australia

Stage

Series B

Total Funding

$79.4M in 3 rounds

Latest Funding Round

Series B, Oct 17, 2023, $*****

Investors

Foresight Group & 6 more

Ranked

5^th among 17 active competitors

Employee Count

48 as on Apr 30, 2026

Similar Companies

Xona Space Systems & 15 more

View Skykraft's full profile

Skykraft is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SKYKRAFT PTY LTD CIN: 621641610 , Australia, Active	Sep 11, 2017	-	-	-

Skykraft has raised a total funding of $79.4M over 3 rounds. Its first funding round was on Jun 22, 2020. Its latest funding round was a Series B round on Oct 17, 2023 for $*****. 3 investors participated in its latest round. Skykraft has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Skykraft:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 17, 2023	5716162	Series B	8145213	1937042	6523254	9143618
Dec 08, 2021	6942096	Series A	5500302	6837993	7918760	Allan Moss & 2 more
Jun 22, 2020	2957483	Grant (prize money)	3910418	2312114	7957815	2179452

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View details of Skykraft's funding rounds and investors

The founders of Skykraft is James Prior. Michael Frater is the CEO of Skykraft.

Here are the details of Skykraft's key team members:

James Prior: Former Co-Founder of Skykraft. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Michael Frater: CEO of Skykraft.
Contact Info: 1 email address

View details of Skykraft's Founder profiles and Board Members

Skykraft's employee count trend

Skykraft has 48 employees as of Apr 26. Here is Skykraft's employee count trend over the years:

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Top competitors of Skykraft include Xona Space Systems, Satelles and VyomIC. Here is the list of Top 10 competitors of Skykraft, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Xona Space Systems 2019, Burlingame (United States), Series C	Developer of positioning, navigation, and timing infrastructure for connected systems	$320M	Seraphim, Mohari Ventures Natural Capital ... & 33 others	66/100
2nd	Satelles 2008, Reston (United States), Acquired	Provider of satellite time and location technology solutions for various industries	$29.6M	C5 Capital, Cranberry Capital & 4 others	54/100
3rd	VyomIC 2023, Bengaluru (India), Seed	Building low earth orbit base satellite constellation for extremely precise and secure positioning,navigation and timing services	$1.65M	Speciale Invest, DeVC & 4 others	45/100
4th	NewSpace New Mexico 2018, Albuquerque (United States), Unfunded	Developer of navigation services platform	-	-	38/100
5th	Skykraft 2017, Canberra (Australia), Series B	Developer of space-based air traffic management and safety enhancement systems	$79.4M	Main Sequence, Lennoxgrove Capital & 5 others	38/100
6th	Psionic Technologies 2016, Hampton (United States), Funding Raised	Provider of AI and LIDAR-based vision and perception solutions	-	Ridgeline, Plug and Play Tech Center	29/100
7th	Qascom 2004, Bassano del Grappa (Italy), Funding Raised	Provider of security solutions in satellite navigation and space cybersecurity	-	EIC Fund, Europa	29/100
8th	Hunan Satellite Information Technology 2016, Changsha (China), Unfunded	Provider of satellite navigation and positioning solutions	-	-	24/100
9th	SatNav 2013, Dakar (Senegal), Unfunded	Provider of satellite navigation services and augmentation system development support	-	-	24/100
10th	Intelligent Navigation Solutions 2005, Biel (Switzerland), Unfunded	Developer of software for satellite navigation, positioning, and transport telematics	-	-	24/100