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CisLunar Industries

ApplicationLoveland, CO, USAFounded 2017· One of 686 Application companies tracked by AMPulse

Develops Modular Space Foundries (MSFs) for in-space metal recycling and processing, converting orbital debris into feedstock for on-orbit manufacturing, and produces Power Processing Units (PPUs) for spacecraft electric propulsion.

CEO / Founder
Gary Calnan
Team Size
11-50
Stage
Early Stage
Total Funding
$5.7M
Latest Round
Seed
Key Investors
ONE Funds; Stout Street Capital; Seraphim Space; University of Colorado Deming Center Venture Fund; Rochester Institute of Technology

Technology & Products

Key Products

Modular Space Foundry (MSF) for in-space metal recycling and casting; Power Processing Units (PPUs) for electric propulsion; Ultra-High Voltage Power Supplies (UHVPS)

Technological Advantage

Proprietary electromagnetic levitation furnace technology (patented, US11745268B2) enables contactless metal processing in microgravity, reducing contamination and enabling high-purity feedstock. Independently verified through NASA SBIR contracts and a 2024 microgravity demonstration. Core IP is defensible via patents; process advantage is replicable by well-funded competitors but requires significant spaceflight heritage.

Differentiation

Value Proposition

Enables sustainable space operations by recycling orbital debris into usable metal feedstock, reducing launch costs and supply chain dependency, while providing compact power conversion solutions for high-power spacecraft.

How They Differentiate

Focus on metal recycling from orbital debris rather than launching raw materials; proprietary electromagnetic levitation furnace for contactless processing; compact PPU technology derived from foundry development; strong government and defense partnerships.

Market & Competition

Target Customers

NASA, U.S. Space Force, commercial satellite operators, space station developers, and defense contractors

Industry Verticals

Aerospace; Defense; Space Manufacturing

Competitors

SpaceX (in-space manufacturing capabilities); Varda Space Industries (in-space manufacturing); Astrobotic (lunar infrastructure); Intuitive Machines (lunar services); Rocket Lab (space systems); Blue Origin (in-space manufacturing); Northrop Grumman (space logistics); Lockheed Martin (space systems)

Growth & Milestones

Growth Metrics

Raised $2.6M in oversubscribed seed round; awarded $1.9M Space Force/SpaceWERX direct-to-Phase-II SBIR contract; completed 2 SpaceX Falcon 9 flights (1 orbital, 1 suborbital) in 2024; launched power processing technology on SpaceX Transporter-16 for NASA-funded demonstration.

Major Milestones

2017: Founded in Luxembourg; 2021: Awarded NASA SBIR Phase I contract; 2024: Successfully continuously cast aluminum sample rod in microgravity; 2024: Awarded $1.7M contract from U.S. Space Force for PPU development; 2024: Partnered with DARPA for Luna-10 lunar infrastructure award; 2025: Raised $2.6M in oversubscribed seed round; 2025: Awarded NASA flight opportunity for orbital demonstration

Notable Customers

NASA; U.S. Space Force; Atomos Space (commercial aerospace customer for PPUs)

Funding rounds

  • Seed$2,600,0002025-07-08Lead: ONE Funds · Source: SEC Form D, company press release
  • Seed$1,000,0002020-01-13Source: Provath, company press release