Dawn Aerospace backdrop
Dawn Aerospace

Dawn Aerospace

Series ARaised Since Featured

From Earth to orbit

Reusable spaceplanes and green satellite propulsion for daily access to space.

Founded January 2017Delft, Netherlands~66 people~$22M raisedFeatured at Seed
AerospaceSpaceplaneSatellite PropulsionDeep TechGreen PropulsionReusable LaunchHardware

About

Dawn Aerospace is a space transportation company building reusable rocket-powered aircraft and green propulsion systems for satellites. Their flagship Mk-II Aurora spaceplane broke the sound barrier in November 2024 — the first civil aircraft to fly supersonic since Concorde — and is now taking commercial orders for 2027 delivery at an estimated $100,000 per flight. The company also manufactures non-toxic satellite propulsion systems (SatDrive and CubeDrive) currently deployed on 26 operational satellites. Co-founded in 2017 by five aerospace engineers across New Zealand and the Netherlands, Dawn operates from dual headquarters in Delft and Christchurch with a team of 66 spanning 30+ nationalities. Their ultimate vision is an orbital-stage aircraft (Mk-III) capable of launching satellites to LEO, competing with traditional rockets at a fraction of the cost.

DailyDropout Take

Dawn Aerospace caught our eye as a scrappy deep-tech company punching far above its weight — breaking the sound barrier with a civil aircraft for the first time since Concorde on a budget most aerospace startups would spend on office furniture. Their dual revenue model of selling satellite propulsion today while building tomorrow’s spaceplane is a smart way to bootstrap a moonshot without burning through billions.

Discovery signal: Historic supersonic milestone (first since Concorde), commercial spaceplane orders opening, dual-HQ model with lean capital efficiency, green propulsion tech on 26 operational satellites.

What Makes Them Unique

Dawn Aerospace is the only company flying a reusable rocket-powered aircraft from conventional airport runways, combining aviation-style operations with rocket performance. Their dual business model — selling satellite propulsion hardware today while developing the spaceplane for tomorrow — generates revenue while funding their moonshot.

26 operational

Satellites Using Propulsion

Mach 1.12

Aurora Top Speed

82,500 ft

Aurora Max Altitude

~66

Team Size

$100,000

Estimated Per-Flight Cost

Target Markets

Suborbital ResearchSatellite PropulsionHypersonic TestingEarth ObservationSmall Satellite Launch

Founders

S

Stefan Powell

Co-Founder, CEO & CTO

New Zealand/Netherlands dual citizen. Co-founded Dawn Aerospace in 2017 to build reusable spaceplanes and green propulsion systems.

T

Tobias Knop

Co-Founder & COO

German aerospace engineer overseeing operations across Dawn’s four global offices.

J

James Powell

Co-Founder & CFO

New Zealand/Netherlands dual citizen managing Dawn’s financial strategy and fundraising.

J

Jeroen Wink

Co-Founder & CRO

Dutch co-founder leading commercial revenue and partnerships.

R

Robert Werner

Co-Founder

German co-founder contributing to Dawn’s engineering and technical development.

Dawn Aerospace is hiring!

Team size: ~66

View Open Roles

Funding History

Seed$3.5M
Dec 20, 2018

Lead: Undisclosed

Enterprise Angels
Series A$12.7M
Dec 7, 2022

Lead: Icehouse Ventures

Icehouse VenturesMovac

Investors

Firms

Icehouse Ventures(Lead — Series A)MovacEnterprise AngelsCallaghan InnovationEuropean Space AgencyNetherlands Space Office

Individual Investors

E
Erik Swan

Accelerators

Hyperspace ChallengeESA Rising Star

Press & News

Competitive Landscape

Last updated: Feb 10, 2026