About Space Tech sector in Singapore, Singapore
The Space Tech sector in Singapore, Singapore comprises 31 companies, including 9 funded companies having collectively raised $301M in venture capital money and private equity. Out of these, 3 are Series A+ funded.
Space Tech sector in Singapore, Singapore has seen 1 IPO.
This sector includes newspace is an industry in which private companies, startups and entrepreneurs try to build products for Space.
Space Tech sector is also known as Space Technology or New Space.
Companies(non-governmental) which develop spaceflight technologies for commercial space market. Companies developing new launch systems, satellites, spacecrafts, new propulsion systems, new antenna systems, etc. principally with private funding. Also includes companies providing space services such as tourism, satellite communication, imaging, space burial services etc. Government space agencies, companies highly reliant on govt. agencies, defence grants and projects are excluded.
Top Space Tech Companies in Singapore, Singapore
There are 31 Space Tech startups in Singapore, Singapore which include Addvalue Technologies, NuSpace, Kacific, Equatorial Space, SpeQtral. Out of these, 9 startups are funded, with 3 having secured Series A+ funding.
Over the past 10 years, an average of 2 new companies have been launched annually. Notably, several of these startups have been founded by alumni of National University of Singapore (NUS), INSEAD and Nanyang Technological University (NTU).
Here is the list of top Space Tech startups in Singapore, Singapore
Addvalue Technologies designs and manufactures satellite communication equipment for satellite communication operators and service providers. It offers satellite communication terminals, antennas, embedded hardware/software, IoT/M2M solutions, and Inter-Satellite Data Relay System (LEO monitoring, control, and tasking) for land, maritime and aeronautical voice and IP-based data applications. It also provides customized solutions for tracking, telemetry, supervisory control and data acquisition (SCADA), GSM backhauling, VSAT backup, and hardware/software engineering. Its focus is on providing customized SATCOM equipment as per the specific customer requirements. Its customers include Inmarsat, Thuraya, SingTel, Astrium (an Airbus Group company), Satlink, Intellian, Applied Satellite Technology, and Satcom Global.
Key facts about Addvalue Technologies
- Founded Year: 1994
- Location: Singapore (Singapore)
- Stage: Public
- Investors: Enspire Capital and KLM Capital Group
- Latest Funding Round: Post IPO, May 02, 2017, $*****
- Tracxn Score: 51/100 What is this?
- Competitors Rank: 8 of 123 Competitors
2. NuSpace
Provider of satellite-as-a-service solutions. It provides SaaS solutions, including satellite IoT connectivity, mission management, and payload hosting.
Key facts about NuSpace
- Founded Year: 2018
- Location: Singapore (Singapore)
- Stage: Seed
- Investors: Beenext, Sunbo Angel Partners and 4 Others
- Latest Funding Round: Seed, Oct 04, 2019, $*****
- Tracxn Score: 47/100 What is this?
- Competitors Rank: 11 of 56 Competitors
3. Kacific
Provider of satellite broadband networks providing high-speed internet access. The service delivers reliable connectivity through advanced satellite technology, targeting regions without stable terrestrial infrastructure. Offerings include broadband internet for households, enterprises, and institutions, supported by a network of ground stations and user terminals to ensure consistent and scalable performance.
Key facts about Kacific
- Founded Year: 2013
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $22.3M
- Investors: Caniwi Capital, and 26 Others
- Latest Funding Round: Grant (prize money), May 21, 2020, $*****
- Tracxn Score: 47/100 What is this?
- Competitors Rank: 5 of 6 Competitors
Developer of launch vehicles and related technologies for payload delivery. The company designs vehicles for delivering payloads to low Earth orbit and suborbital trajectories. It also offers a rocket kit for student training missions. The company’s technology includes hybrid rocket engines and pyrotechnic-free systems.
Key facts about Equatorial Space
- Founded Year: 2017
- Location: Singapore (Singapore)
- Stage: Seed
- Total Funding till date: $1.5M
- Investors: Elev8, Seeds Capital and 2 Others
- Latest Funding Round: Seed, Mar 28, 2023, $*****
- Tracxn Score: 46/100 What is this?
- Competitors Rank: 38 of 203 Competitors
5. SpeQtral
Provider of quantum communications for various institutions, and organizations. It provides users with a company that specializes in developing and deploying quantum key distribution (QKD) technology to provide secure communication networks. The company utilizes satellite-based transmission and terrestrial fiber optics to create a global quantum key distribution communication network, ensuring absolute security for sensitive communications.
Key facts about SpeQtral
- Founded Year: 2017
- Location: Singapore (Singapore)
- Stage: Unfunded
- Tracxn Score: 41/100 What is this?
- Competitors Rank: 41 of 240 Competitors
Companies founded year-on-year in the Space Tech sector in Singapore
3 Space Tech startups in Singapore were founded in 2024 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 2 |
2024 | 3 |
2023 | 1 |
2022 | 3 |
2021 | 3 |
2020 | 3 |
2019 | - |
2018 | 2 |
2017 | 3 |
Stage-wise distribution of Space Tech sector companies in Singapore
Out of the total 31 Space Tech companies in Singapore, 9 have secured funding. Among them, 3 have reached Series A or higher, and 1 to Series B or beyond.
Founded - 31
Funded - 9
Series A+ - 3
Series B+ - 1
Series C+ - 1
Company Stage | No. of companies |
|---|---|
Founded | 31 |
Funded | 9 |
Series A+ | 3 |
Series B+ | 1 |
Series C+ | 1 |
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Funding Trends in the Space Tech sector in Singapore
Total funding year-on-year in the Space Tech sector in Singapore
The Space Tech sector in Singapore saw a total funding of more than $301M in the last 10 years. The most amount of funding was in 2019 at more than $160M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $400K |
2024 | $7.1M |
2023 | $102M |
2020 | $500K |
2019 | $160M |
2017 | $9.38M |
Recent Funding Rounds in Space Tech in Singapore
In the year 2025, till August 2025, Space Tech companies in Singapore have raised $400K in equity funding across 1 round.
In the same period last year (i.e. till March 2024), Space Tech companies in Singapore had raised $5.6M across 1 round.
So, 2025 has seen a 92.86% drop in funding in Space Tech companies in Singapore as compared to 2024.
Here are some recent, important funding rounds in Space Tech companies in Singapore:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 3161 | Aug 13, 2025 | ||
Seed | 9607 | Sep 08, 2024 | and 1 more | |
Series A | 6286 | Mar 21, 2024 | ||
Seed | 2508 | Oct 23, 2023 | - | |
Seed | 7284 | Mar 28, 2023 |
Top Investors in Space Tech in Singapore
Starburst is the top investor in Space Tech companies in Singapore based on number of companies invested.
Here are some top investors in Space Tech companies in Singapore:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Los Angeles (United States) | - | |
Sunnyvale (United States) | - | |
Singapore (Singapore) | ||
Singapore (Singapore) | - | |
Kowloon (China) | - |
IPOs in Space Tech in Singapore
In the year 2000, till June 2000, 1 IPO happened in Space Tech sector in Singapore.
Here are some recent, important IPOs in Space Tech sector in Singapore:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jun 14, 2000 | Singapore stock exchange. ( SGX) |
Colleges which produce the most Space Tech companies in Singapore
Companies founded by alumni from top colleges in the Space Tech in Singapore
Most number of Space Tech startups in Singapore have been founded by alumni from National University of Singapore (NUS), INSEAD and Nanyang Technological University (NTU).
College | No. of companies |
|---|---|
National University of Singapore (NUS) | 3 |
INSEAD | 2 |
Nanyang Technological University (NTU) | 2 |
Booth School of Business | 1 |
Stanford University | 1 |
Technion Israel Institute Technology | 1 |
University of Chicago | 1 |
University of Warwick | 1 |
Total funding in Space Tech companies founded by alumni from top colleges in Singapore
In the last 10 years, Booth School of Business, INSEAD and University of Chicago graduates' Space Tech companies in Singapore have raised the most funding among top colleges.
College | Total Funding |
|---|---|
Booth School of Business | $183M |
INSEAD | $183M |
University of Chicago | $183M |
Nanyang Technological University (NTU) | $5.6M |
National University of Singapore (NUS) | $1.5M |
Stanford University | - |
Technion Israel Institute Technology | - |
University of Warwick | - |
Top News in Space Tech in Singapore
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Pakistan: Kacific, PAKSAT satellite internet partnershipAdvanced Television•Mar 11, 2025•Kacific, Paksat
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Kacific + PAKSAT partner to deliver affordable satellite internet to PakistanSatNews•Mar 11, 2025•Kacific, Paksat
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Singaporean venture capital firm closes $30m 'deep tech' fundNihon Keizai Shimbun•Jan 29, 2025•Elev8, Aevice Health, Equatorial Space, Moon Technolabs
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Vietnam’s CNV secured $1 M Seed funding from VC firm Wavemaker PartnersIncubees•Apr 13, 2024•Wavemaker Partners, ALIENA, , com.vn and 1 other
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Now Corp brings Kacific's Gigstarter and Enterprise Backup services to PhilippinesTelecompaper•Feb 01, 2024•Kacific, NOW Corporation
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