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SpaceWERX operates as the U.S. Space Force’s innovation arm, accelerating development and transition of advanced capabilities for national security. It facilitates agile, affordable technology solutions using Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) funding. The organization integrates emerging private sector technologies directly into military operations, bolstering space defense.
Established by the U.S. Space Force, SpaceWERX emerged from the AFWERX initiative, which fosters innovation across the Department of the Air Force. Its foundation addresses the critical need for rapid adaptation to evolving space domain threats. The program harnesses external ingenuity, providing a pathway for pioneering solutions to strengthen national space capabilities.
SpaceWERX primarily serves the U.S. Space Force, integrating cutting-edge technologies from small businesses and research institutions into military applications. Its vision is to expand the space industrial base, fostering collaborative partnerships between military experts and innovators. This approach delivers impactful technologies, ensuring U.S. competitive advantage and leadership in space defense.
SpaceWERX has 1 tracked investment across 1 company. The latest tracked deal is $5.0M Seed in Auriga Space in August 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2023 | Auriga Space | $5.0M Seed | OTB Ventures | Picus Capital, Afwerx, Seraphim Capital, Trucks Venture Capital |