Portal Space Systems

Highly maneuverable spacecraft powered by solar thermal propulsion.

Founded
2021
Headquarters
Bothell, WA
Disclosed funding
$67.5M
Status
Operating
Sector
Space
Latest round
Series A, $50M
Reported valuation
—
Website
portalspacesystems.com

Overview

Portal is building the Supernova and Starburst spacecraft, which use sunlight-heated propellant to make large orbit changes quickly. Founder Jeff Thornburg helped lead development of SpaceX's Raptor engine.

Funding

At least: $17.5M seed (2025) and a $50M Series A (Apr 2026).

Disclosed funding is the sum of publicly reported rounds found in the sources below. It is a floor, not a complete total.

Founders

Jeff Thornburg, Founder & CEO
At SpaceX: Raptor engine development lead

Topics

Sources

  1. TechCrunch: Portal raises $50 million
  2. SpaceNews: Portal raises $17.5 million

Last verified September 30, 2026.