Portal Space Systems
Portal Space Systems is a spacecraft and propulsion startup headquartered in Bothell, Washington, developing a high-delta-V space mobility platform called Supernova.
- Founded
- 2021
- Headquarters
- Bothell, Washington, United States
- Ownership
- Private
- Last round
- Undisclosed round · $61.5M2026-03
Quick Facts
About Portal Space Systems
Portal Space Systems is a spacecraft and propulsion startup headquartered in Bothell, Washington, developing a high-delta-V space mobility platform called Supernova. The vehicle is designed around a solar thermal propulsion system that concentrates sunlight to superheat propellant, targeting orbit-to-orbit maneuvers substantially beyond the reach of conventional chemical smallsat buses.
Founded by Jeff Thornburg (formerly chief engineer on SpaceX's Raptor engine program) in 2021, Portal is positioning Supernova for responsive space logistics — rapid orbit changes, inspection, servicing, and rendezvous missions for commercial and national-security customers. The company has received SBIR and Strategic Funding Increase awards from the U.S. Space Force's SpaceWERX and raised private seed and Series A rounds from investors focused on defense technology.
Portal's strategy is to bridge the gap between low-impulse electric smallsat buses and larger chemical space tugs, offering months-long maneuvering lifetimes without the complexity of cryogenic chemical propulsion. The company has announced plans for an initial Supernova flight demonstration later in the decade.
Funding history
1 event| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-03-11 | Undisclosed round | $61.5M | —Form D filed 2026-03-26 by Portal Space Systems Inc.: $61.5M sold of a $72.4M offering (first sale 2026-03-11). | sec.gov |
Signals
- Verification
- Verified 2026-09-05
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Frequently asked about Portal Space Systems
Quick answers to the questions readers most often search for.
- When was Portal Space Systems founded?
- Portal Space Systems was founded in 2021 in United States.
- Where is Portal Space Systems headquartered?
- Portal Space Systems is headquartered in Bothell, Washington, United States.
- What does Portal Space Systems do?
- Portal Space Systems is a spacecraft and propulsion startup headquartered in Bothell, Washington, developing a high-delta-V space mobility platform called Supernova. The vehicle is designed around a solar thermal propulsion system that concentrates sunlight to superheat propellant, targeting orbit-to-orbit maneuvers su…
- Is Portal Space Systems a public or private company?
- Portal Space Systems is a privately held company and is not listed on any stock exchange.
- What sector does Portal Space Systems operate in?
- Portal Space Systems works in propulsion, Spacecraft and In space services, plus 2 other space-industry sectors.
Sources
The structured fields on this page (founding year, location, sector, status, listing) and the profile text are drawn from the sources below. How profiles are drafted and checked is described in our methodology.
- Official website (www.portalspace.com)
- SEC Form D · retrieved 2026-09-05
Data Accuracy Notice: Information about Portal Space Systems is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.
