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Fleet Space Technologies

Aerospace and Defense · Adelaide, Australia · Founded 2015 · Privately Held (backing)

Operator of a space company designed to improve critical mineral discovery, space exploration, and defense. Fleet Space Technologies is based in Adelaide, Australia and was founded in 2015. It was valued at $518 million at its later-stage round in Dec 2024, the last priced event on record. It has raised $175 million across 1 recorded round; the latest was a $101 million Series D in Dec 2024.

PMV mark · valuation
$517.7M
Oct 2026
Priced at
its later-stage round
Dec 2024
Total raised
$174.7M
Last round
Later Stage VC (Series D)
Dec 2024

Fleet Space Technologies key facts

as of Oct 2026
  • Operator of a space company designed to improve critical mineral discovery, space exploration, and defense.
  • Fleet Space Technologies is valued at approximately $517.7M as of Oct 2026, set at its later-stage round, Dec 2024; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $174.7M across 1 recorded rounds; the latest was Later Stage VC (Series D) ($100.9M) in Dec 2024.
  • Notable investors include Alumni Ventures, In-Q-Tel, Pegasus Tech Ventures, 2468 Ventures, Artesian — 30 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$517.7M

Valued at $517.7M at its later-stage round, Dec 2024. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Fleet Space Technologies funding rounds

1 rounds
Dec 2024Later Stage VC (Series D)$100.9M▮
Full funding history →

Fleet Space Technologies valuation

Fleet Space Technologies was valued at $518 million at its later-stage round in Dec 2024. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Fleet Space Technologies raised?

Fleet Space Technologies has raised $175 million in total; 1 of its rounds is on record. The largest on record was a $101 million Series D in Dec 2024.

Fleet Space Technologies investors

30 investors are on record for Fleet Space Technologies, including Alumni Ventures, In-Q-Tel, Pegasus Tech Ventures and 2468 Ventures. By type, the record holds 12 venture capital firms and 1 corporate investor. The Series D in Dec 2024 drew 9 investors.

Comparable companies

Comparable aerospace and defense names by valuation on PrivateMarketView: Hidden Level ($500 million), The Exploration Company ($471 million) and TurbineOne ($300 million).

About Fleet Space Technologies

Operator of a space company designed to improve critical mineral discovery, space exploration, and defense. The company offers satellite-enabled systems and seismic array technology to connect Earth, Moon, and Mars by revolutionizing the mineral exploration, defense, and space exploration sectors through its connectivity, enabling clients to avail low-cost satellite-based systems for Industrial Internet of Things applications.

Industry
Aerospace and Defense
Sector
Business Products and Services (B2B)
HQ
Adelaide, Australia
Founded
2015
Employees
30
Ownership
Privately Held (backing)

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