Sierra Space closes $550M Series C at $8B post-money valuation

Mar 5, 2026 · Funding · Sierra Space

Sierra Space closed a $550 million equity Series C led by LuminArx Capital, valuing the defense-space company at $8 billion post-money and taking capital invested since 2021 above $2 billion.

The financing funds national-security space production and advances Sierra Space satellite and Dream Chaser programs while establishing a confirmed $8 billion private-market benchmark.

Sierra Space company media
Company media · Sierra Space
  • LuminArx Capital led the equity Series C with participation from existing investors.
  • The financing set an $8 billion post-money valuation and lifted capital invested since 2021 above $2 billion.
  • Capital is intended to expand national-security space production capacity and advance satellite and Dream Chaser programmes.