OverviewSuggest Edit

bluShift Aerospace is a company developing a line of rockets powered by bio-derived fuels to launch satellites into space. It offers Stardust Gen, a basic testbed launch vehicle for experiments requiring subjection to the vibrations and accelerations of launch and parachute recovery aimed at student and budget payloads. The company also provides Starless Rogue, a launch vehicle for fragile payloads, and Red Dwarf, a low-Earth orbit (LEO) launch vehicle able to carry up to 2 nanosatellites.
TypePrivate
Founded2014
HQBrunswick, ME, US
Websiteblushiftaerospace.com

Latest Updates

Employees (est.) (Nov 2021)13(+9%)
Revenue (FY, 2020)$135.3 K(+28%)
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Key People/Management at bluShift Aerospace

Sascha Deri

Sascha Deri

CEO
David Hayrikyan

David Hayrikyan

CTO
Seth Lockman

Seth Lockman

Communications Director
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bluShift Aerospace Office Locations

bluShift Aerospace has an office in Brunswick
Brunswick, ME, US (HQ)
2 Pegasus St Suite 2
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bluShift Aerospace Financials and Metrics

Summary Metrics

Founding Date

2014

bluShift Aerospace total Funding

$513 k

bluShift Aerospace latest funding size

$278 k

Time since last funding

8 months ago

bluShift Aerospace investors

bluShift Aerospace's latest funding round in April 2021 was reported to be $278 k. In total, bluShift Aerospace has raised $513 k
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bluShift Aerospace Revenue

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bluShift Aerospace's revenue was reported to be $135.28 k in FY, 2020 which is a 27% increase from the previous period.
USD

Revenue (FY, 2020)

135.3k

Revenue growth (FY, 2019 - FY, 2020), %

27%

Gross profit (FY, 2020)

(168.3k)

Gross profit margin (FY, 2020), %

(124.4%)

Net income (FY, 2020)

(210.6k)

EBIT (FY, 2020)

(211.2k)

Cash (31-Dec-2020)

10.8k
USDFY, 2019FY, 2020

Revenue

106.5k135.3k

Revenue growth, %

27%

Cost of goods sold

140.8k303.5k

Gross profit

(34.3k)(168.3k)
USDFY, 2019FY, 2020

Cash

40.6k10.8k

Accounts Receivable

3.5k

Prepaid Expenses

683.0

Current Assets

40.6k15.0k
USDFY, 2019FY, 2020

Net Income

(55.4k)(210.6k)

Accounts Payable

(449.0)(702.0)

Cash From Operating Activities

(35.1k)(228.3k)

Cash From Financing Activities

64.0k198.5k
USDFY, 2019

Financial Leverage

2.2 x
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bluShift Aerospace Operating Metrics

Oct, 2020

Products

4
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bluShift Aerospace Online and Social Media Presence

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bluShift Aerospace News and Updates

Brunswick rocket maker bluShift lands first commercial deal in 'new space'

A Brunswick startup in the "new space" industry, bluShift Aerospace, has signed its first commercial deal, with a Virginia STEM company

bluShift Aerospace launches its first rocket powered by biofuels

New space startup bluShift wants to bring a new kind of propellant to the small satellite launching market, with rockets powered by bio-derived rocket fuels. These differ from traditional fuels in that they offer safety advantages during handling, and ecological advantages during production and use.…

Brunswick aerospace company sets date for rocket launch

Brunswick-based bluShift Aerospace plans to launch its 20-foot rocket from the former Loring Commerce Centre in October. The company hopes that the launch will serve as a springboard into building the aerospace industry in Maine.

bluShift Aerospace Frequently Asked Questions

  • When was bluShift Aerospace founded?

    bluShift Aerospace was founded in 2014.

  • Who are bluShift Aerospace key executives?

    bluShift Aerospace's key executives are Sascha Deri, David Hayrikyan and Seth Lockman.

  • How many employees does bluShift Aerospace have?

    bluShift Aerospace has 13 employees.

  • What is bluShift Aerospace revenue?

    Latest bluShift Aerospace annual revenue is $135.3 k.

  • What is bluShift Aerospace revenue per employee?

    Latest bluShift Aerospace revenue per employee is $10.4 k.

  • Who are bluShift Aerospace competitors?

    Competitors of bluShift Aerospace include Sierra Space, INNOSPACE and Seres Space Exploration Technology (Beijing).

  • Where is bluShift Aerospace headquarters?

    bluShift Aerospace headquarters is located at 2 Pegasus St Suite 2, Brunswick.

  • Where are bluShift Aerospace offices?

    bluShift Aerospace has an office in Brunswick.

  • How many offices does bluShift Aerospace have?

    bluShift Aerospace has 1 office.