Agile Space Industries — Space Propulsion

PortfolioAgile Space Industries

Agile Space Industries

Vertically integrated in-space propulsion

Space PropulsionFund II

Leading innovator in in-space chemical propulsion solutions. Vertically integrated propulsion design, manufacturing, integration, and test facilities.

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At a Glance

Latest Round$17M Series A (2026)

Founded2016

HeadquartersDurango, CO

Latest MilestoneFeb 2026: Closed oversubscribed $17M Series A led by Caruso Ventures

Quick Facts

SectorSpace Propulsion

VVC FundFund II

Founded2016

HeadquartersDurango, CO

StatusActive

Sector Context

Why Space Propulsion matters.

The in-space propulsion market is projected to exceed $15B by 2030, driven by satellite constellation proliferation and the need for orbital maneuvering, debris mitigation, and space logistics.

Leadership Team

Chris PearsonCEO & Co-Founder

25+ years in space industry, former CEO of Roccor and executive at Redwire

David CuthbertsonCOO

20+ years of operations and project management

William FrancisChief Commercial Officer

Space flight industry entrepreneur and business development professional.

Kris SchaaChief Financial Officer

20+ years of financial experience in high-tech manufacturing.

Jake MillsChief Technology Officer

20+ years in the space industry. Former leadership at Florida Turbine Technologies and Ball Aerospace.

Funding History

Series A

$17M

2026Oversubscribed, led by Caruso Ventures

Seed

$13M

2023Lockheed Martin Ventures

Key Milestones

Feb 2026Closed oversubscribed $17M Series A led by Caruso VenturesSource

Jan 2026Broke ground on $20M Space Test Center in Tulsa, OKSource

Aug 2025Selected to provide propulsion for The Exploration Company’s Nyx spacecraftSource

Oct 2024Reached Top 5 at TechCrunch Disrupt Space ChallengeSource

Sep 2024Lockheed Martin Ventures led further investment roundSource

Mar 2024Awarded SpaceWERX SBIR Phase 2 for Mobile Payload Processing CenterSource

Agile Space Industries Adds Jonathan Baliff to Its Board and Opens a Bellevue Engineering Office

Agile opened a 5,470-square-foot engineering and program management office in Bellevue, Washington, led by CTO Jake Mills, ten days after adding former Redwire CFO Jonathan Baliff to its board and naming Theo Squires Director of Strategy and Corporate Development.

Oct 15, 2026

Agile Space Industries' Mobile Payload Processing Center Brings a Cleanroom and Fueling to the Launch Site

Agile's Mobile Payload Processing Center, a transportable ISO 7 cleanroom and fueling facility built to shipping-container dimensions, is in use in Durango with a second customer booked, and Agile plans to deploy, staff and operate it as a service.

Oct 2, 2026

Agile Space Industries Names Jason Wright President as It Expands Its Leadership Structure

Jason Wright, with more than 25 years in aerospace propulsion including senior roles at Lockheed Martin, joins Agile as President in early October to run day-to-day operations, while Chris Pearson continues as CEO.

Sep 28, 2026

In Action

Agile Space Industries / Capabilitiesvia Agile Space Industries

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