Inversion Space
Los Angeles-based startup building Arc, an autonomous reentry cargo-delivery capsule, backed by a $71M U.S. Space Force STRATFI award tied to the Pentagon's Rocket Cargo program.
Inversion Space is a Los Angeles-based aerospace startup founded in 2021 by CEO Justin Fiaschetti and CTO Austin Briggs (Boston University alumni), building autonomous reentry capsules that deorbit and deliver cargo to precise locations on Earth in under an hour. Its flagship spacecraft, Arc, is a reusable lifting-body capsule designed to hold roughly 500 pounds of payload in orbit for up to five years, survive reentry speeds above Mach 20, and land with football-field-level precision — intended for military resupply (battlefield equipment, medical supplies, surveillance-drone delivery) as well as disaster response. In September 2024 the company was awarded a $71M Strategic Funding Increase (STRATFI) agreement from SpaceWERX, the U.S. Space Force's technology-development arm — roughly $17.75M from SpaceWERX, $17.75M from government end users, and $35.5M in private matching capital — tied to the U.S. Air Force's Rocket Cargo program studying point-to-point space cargo delivery. In October 2024 the FAA granted Inversion a reentry license for its Ray pathfinder demonstrator capsule, which launched on a SpaceX Transporter rideshare mission that same month; a full-scale Arc demonstration mission is targeted for 2026. The company raised a $10M seed round in 2021 led by Spark Capital and a $44M Series A (announced November 2024) co-led by Spark Capital and Adjacent, with Lockheed Martin Ventures, Kindred Ventures, and Y Combinator participating.
Overview
- Headquarters
- Los Angeles, CA
- Founded
- 2021
- Employees
- Total funding
- Stage
- Status
- active
- Domains
- Website
- www.inversionspace.com
Founders2
Cap table0
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Programs0
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Frequently asked
- What does Inversion Space do?
- Inversion Space is a Los Angeles-based aerospace startup founded in 2021 by CEO Justin Fiaschetti and CTO Austin Briggs (Boston University alumni), building autonomous reentry capsules that deorbit and deliver cargo to precise locations on Earth in under an hour. Its flagship spacecraft, Arc, is a reusable lifting-body capsule designed to hold roughly 500 pounds of payload in orbit for up to five years, survive reentry speeds above Mach 20, and land with football-field-level precision — intended for military resupply (battlefield equipment, medical supplies, surveillance-drone delivery) as well as disaster response. In September 2024 the company was awarded a $71M Strategic Funding Increase (STRATFI) agreement from SpaceWERX, the U.S. Space Force's technology-development arm — roughly $17.75M from SpaceWERX, $17.75M from government end users, and $35.5M in private matching capital — tied to the U.S. Air Force's Rocket Cargo program studying point-to-point space cargo delivery. In October 2024 the FAA granted Inversion a reentry license for its Ray pathfinder demonstrator capsule, which launched on a SpaceX Transporter rideshare mission that same month; a full-scale Arc demonstration mission is targeted for 2026. The company raised a $10M seed round in 2021 led by Spark Capital and a $44M Series A (announced November 2024) co-led by Spark Capital and Adjacent, with Lockheed Martin Ventures, Kindred Ventures, and Y Combinator participating.
- Where is Inversion Space headquartered?
- Inversion Space is headquartered in Los Angeles, CA and was founded in 2021.
Sources & citations6
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Inversion Space, founded 2021 by Justin Fiaschetti and Austin Briggs, is a Los Angeles-based company building the Arc autonomous reentry cargo-delivery capsule
Wikipedia: Inversion SpaceReported2026-08-11 - 2
Inversion Space, a three-year-old Los Angeles startup led by CEO/co-founder Justin Fiaschetti, was awarded a $71 million STRATFI agreement from SpaceWERX (structured as ~$17.75M SpaceWERX, ~$17.75M government end-user funds, $35.5M private matching capital) to accelerate its Arc reentry vehicle; the company's pathfinder capsule Ray was slated to launch on SpaceX Transporter-12 in October 2024
TechCrunch: Inversion Space accelerates orbital reentry vehicle tech with $71M Space Force contractVerified2024-09-10 - 3
The FAA granted Inversion Space a reentry license for its Ray pathfinder demonstrator capsule ahead of an orbital cargo-delivery test
AIAA: FAA Grants Inversion Space Reentry License for Orbital Cargo Delivery Capsule DemoVerified2024-10-16 - 4
Inversion Space's Arc capsule is designed to hold roughly 500 pounds of payload in orbit for up to five years, survive reentry above Mach 20, and deliver cargo — including military supplies, battlefield equipment, and surveillance drones — with football-field-level precision anywhere on Earth within an hour, directly tied to the Pentagon's Rocket Cargo program
The War Zone: Arc Orbital Supply Capsule Aims To Put Military Supplies Anywhere On Earth Within An HourVerified2024-09-01 - 5
Inversion closed a $44 million Series A co-led by Spark Capital and Adjacent, with Lockheed Martin Ventures, Kindred Ventures, and Y Combinator participating, following a $10 million seed round led by Spark Capital in 2021
dot.LA: Inversion Secures $44 Million to Pioneer On-Demand Delivery from SpaceVerified2024-11-20 - 6
AIN Ventures' own portfolio page lists Inversion Space, described as building 'low-cost, high cadence autonomous re-entry vehicles to deliver cargo from space'
AIN Ventures: PortfolioVerified2026-08-11