Space Lab - About the company
Space Lab is a seed company based in Sandnes (Norway), founded in 2025 by Jorgen Narmo Hammervold and Daniel Cau Varming. It operates as an Aerospace and orbital launch services provider. Space Lab has raised $756K in funding. The company has 180 active competitors, including 56 funded and 11 that have exited. Its top competitors include companies like SpaceX, Skyroot and Astra.
Company Details
Aerospace and orbital launch services provider. It develops reusable orbital rocket systems for satellite deployment and sovereign access to space. It builds resilient and sustainable launch infrastructure that supports rapid reusability, operational efficiency, and long-term environmental responsibility. Its mission centers on advancing space access capabilities while contributing to a more sustainable future on Earth through next-generation aerospace technology and orbital launch solutions.
Key Metrics
Founded Year
2025
Location
Sandnes, Norway
Stage
Seed
Total Funding
$756K in 1 round
Latest Funding Round
Investors
Ranked
121st among 180 active competitors
Employee Count
12 as on Sep 30, 2026
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Space Lab's funding and investors
Space Lab has raised a total funding of $756K over 1 round. Its latest funding round was a Seed round on Apr 29, 2026 for $*****. 4 investors participated in its latest round. Space Lab has 2 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Space Lab:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 29, 2026 | 7800512 | Seed | 9176489 | 4055706 | 7398200 | 1970406 |
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Space Lab's founders and board of directors
Founder? Claim ProfileThe founders of Space Lab are Jorgen Narmo Hammervold and Daniel Cau Varming. Daniel Cau Varming is the CEO of Space Lab.
Here are the details of Space Lab's key team members:
- Jorgen Narmo Hammervold: Co-Founder & CTO of Space Lab.
- Daniel Cau Varming: Co-Founder & CEO of Space Lab.
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Space Lab's employee count trend
Space Lab has 12 employees as of Sep 26. Here is Space Lab's employee count trend over the years:
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Space Lab's Competitors and alternates
Top competitors of Space Lab include SpaceX, Skyroot and Astra. Here is the list of Top 10 competitors of Space Lab, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  SpaceX 2002, Hawthorne (United States), Public | Provider of advanced aerospace and space transportation services | $11.9B | 83/100 | |
2nd | Manufacturer of orbital launch vehicles for small satellite deployment missions | $145M | 73/100 | ||
3rd |  Astra 2016, Alameda (United States), Series B | Provider of launch services and electric propulsion systems for spacecraft | $137M | 70/100 | |
4th |  Firefly Aerospace 2014, Cedar Park (United States), Public | Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles | $589M | 68/100 | |
5th |  Rocket Lab 2006, Long Beach (United States), Public | Provider of launch services, spacecraft design, manufacturing, satellite components, and software | $288M | 68/100 | |
6th | Manufacturer of orbital launch vehicles for micro and nano satellites | $62.2M | 66/100 | ||
7th | Relativity Space 2015, Inglewood (United States), Series E | Provider of AI-powered 3D printed launch vehicles for small payloads | $1.34B | 65/100 | |
8th |  The Exploration 2021, Planegg (Germany), Series C | Developer of reusable space vehicles for cargo transport to space stations | $680M | 64/100 | |
9th | Developer of reusable medium-lift launch vehicles and related propulsion systems | $28.3M | 61/100 | ||
10th | Provider of reusable launch vehicles for small payloads | $473M | 60/100 | ||
121st | Aerospace and orbital launch services provider | $756K | 26/100 |
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Space Lab's Investments and acquisitions
Space Lab has made no investments or acquisitions yet.
Reports related to Space Lab
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