Xplore

Xplore

Manages space missions with proprietary spacecraft

Overview

Xplore provides Space as a Service by managing end-to-end space missions for clients, including planning, spacecraft engineering, payload integration, flight financing, and data management. Its hardware products include the XCRAFT spacecraft for missions from Venus to Ceres and the LightCraft solar sail, both designed to host a variety of payloads such as scientific instruments, technology demonstrations, brand assets, and memorials. The company also offers remote sensing data from satellites equipped with hyperspectral, high-resolution video, and ultraviolet imagers, along with a ground-control platform called Major Tom that supports ground operations for its own and third-party constellations. Serving government agencies, universities, and commercial customers, Xplore aims to expand robotic exploration and grow the commercial space economy by handling complex missions and delivering diverse data and payload options.

About Xplore

Simplify's Rating
Why Xplore is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Hardware

Industrial & Manufacturing

Aerospace

Company Size

11-50

Company Stage

Early VC

Total Funding

$25.2M

Headquarters

Redmond, Washington

Founded

2017

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Simplify's Take

What believers are saying

  • XCUBE-1 launched December 21, 2024 and achieved communications and control January 16, 2025.
  • NRO awarded Xplore a commercial hyperspectral capabilities study contract on January 19, 2026.
  • June 10, 2025 imagery release proved commercial tasking works, strengthening customer sales conversations.

What critics are saying

  • Xplore disclosed only $16.2 million total funding; capital intensity can outrun revenue by 2027.
  • NRO evaluation contracts, not production buys, delay meaningful revenue and contract conversion.
  • A single mission failure could cripple customer trust and starve Xplore before scale.

What makes Xplore unique

  • XCUBE-1 delivered hyperspectral imagery on orbit by June 10, 2025.
  • Xplore combines spacecraft, payload hosting, and Major Tom operations software into one stack.
  • Jeff and Lisa Rich bring deep space-networking ties from Hemisphere Ventures and prior startups.

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Funding

Total Funding

$25.2M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Vision Insurance

Dental Insurance

Life Insurance

Health Savings Account/Flexible Spending Account

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

Remote Work Options

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

-7%
GeekWire
Sep 12th, 2025
Xplore shows off a hyperspectral view of North Korea, captured by XCUBE-1 imaging satellite

The image, captured in visible and near-infrared wavelengths by Xplore's XCUBE-1 satellite, was unveiled today at the Seattle Space Superiority Summit at the Museum of Flight.

SpaceDaily
Jan 17th, 2025
Xplores Hyperspectral Satellite safely on orbit and opeational

Xplore Inc., a dual-use space company specializing in satellite data services, has announced the successful launch and operational control of its first hyperspectral satellite, XCUBE-1.

Lexpert
Jun 5th, 2024
Cogeco unifies US and Canadian telecom teams

Additionally, Paul Cowling will join on July 2 as chief legal and corporate affairs officer, bringing extensive telecommunications sector experience from his time at Shaw and Xplore.

GeekWire
Apr 5th, 2023
How Power Is Blazing A Trail For America’S Space Effort — And For Nuclear Startups

An artist’s conception shows a nuclear thermal propulsion system at work in orbit (USNC-Tech Illustration)As more and more hardware goes into Earth orbit, and eventually to the moon and Mars, where will the power to run all those machines come from?That’s one of the questions under consideration at a State of the Space Industrial Base workshop that’s being conducted this week at Seattle’s Museum of Flight.The workshop, hosted by Space Northwest, is bringing together government, academic and commercial leaders to assess the state of advanced power and propulsion for space missions, as well as the outlook for a Department of Defense initiative known as Hybrid Space Architecture.Input from the workshop will be combined with insights gained at two other workshops in Florida and New Mexico to help the Pentagon’s Defense Innovation Unit produce its annual report about the space industry’s potential contributions to sustaining America’s leadership on the final frontier.“There’s so much going on, at both big companies and small companies, and we figure that it’s about time that the government actually comes to you,” Steve “Bucky” Butow, director of DIU’s space portfolio, told more than 60 attendees during Tuesday’s opening session.The topics being addressed at this week’s workshop play to two of the Pacific Northwest’s space industry strengths. The Seattle area already produces more than half of the world’s satellites annually — largely thanks to SpaceX’s Starlink operation in Redmond, Wash., plus LeoStella in Tukwila and Xplore in Redmond. Meanwhile, Amazon’s Project Kuiper is gearing up to build thousands of satellites at a facility in Kirkland.All those satellites could play a role in the Hybrid Space Infrastructure that DIU envisions. “In short, space internet,” Butow said. Microsoft Azure Space, Amazon Web Services and Project Kuiper are among DIU’s commercial partners in the space infrastructure project.The region’s role in developing advanced propulsion and power systems might not be as well-known, but it’s arguably just as worthy of note.“The Pacific Northwest is unique in the United States, in that it has aerospace and nuclear, all within the same region,” said Paolo Venneri, executive vice president for Ultra Safe Nuclear Corp’s Seattle-based tech division. Washington state’s Pacific Northwest National Laboratory and the Idaho National Laboratory are both nuclear research hotspots, so to speak. And the Seattle area has more than its share of commercial nuclear ventures — ranging from TerraPower, the small-scale nuclear fission company founded by Bill Gates, to far-out fusion companies such as Helion Energy, Avalanche Energy and Zap Energy.“You have this unique combination of workforce and talent that all touches on all these areas that we’re talking about, propulsion and nuclear

GeekWire
Mar 23rd, 2023
Nro Awards Contracts To Xplore And Five Other Hyperspectral Imaging Companies

Xplore is working on its Xcraft satellite platform at its HQ in Redmond, Wash. (Xplore Illustration)The National Reconnaissance Office awarded study contracts to six companies offering — or planning to offer — satellite images of Earth in multiple wavelengths, including Redmond, Wash.-based Xplore.Other companies receiving contracts under NRO’s multi-stage Strategic Commercial Enhancements Broad Agency Announcement Framework include BlackSky Technology, which is based in Virginia but traces its corporate roots to Seattle, plus HyperSat, Orbital Sidekick, Pixxel and Planet. “We are operating the largest, most diverse, most capable overhead constellation in NRO’s history as we face increasingly complex threats in space and on the ground,” NRO Director Chris Scolese said today in a news release. “Through these newest contracts, we are very excited to explore the potential of commercial hyperspectral imagery and what it may be able to contribute to our world-class intelligence, surveillance and reconnaissance capabilities.”Hyperspectral images combine light from hundreds of wavelengths across the electromagnetic spectrum. Analysts can analyze each pixel in such images to identify objects and materials. The technology can provide insights for agriculture, mining and geology as well as intelligence and surveillance.Xplore is developing satellites for remote imaging from low Earth orbit, or LEO, as well as for farther-out applications in lunar orbit and beyond

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