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Sierra Space

Aerospace & Defense
Sierra Space is a Louisville, Colorado-based aerospace company developing the Dream Chaser spaceplane and inflatable space station modules for commercial and government space missions.
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Sierra Space was spun out in 2021 from Sierra Nevada Corporation, a longtime aerospace and defense contractor, to focus specifically on commercial space vehicle and infrastructure development, building on Sierra Nevada's earlier work developing Dream Chaser, a reusable winged spaceplane originally designed to compete for NASA's commercial crew transportation contract before being redirected toward cargo delivery missions to the International Space Station under a separate NASA contract, distinguishing it from the capsule-shaped spacecraft, including SpaceX's Dragon capsule, that have dominated recent commercial spaceflight vehicle designs. Sierra Space has also developed inflatable space habitat technology, including modules that launch in a compact, folded configuration before expanding significantly once in orbit, a technical approach intended to provide considerably more interior habitable volume relative to a module's launch size and cost compared to traditional rigid metal space station modules, with this inflatable habitat technology positioned as a key contribution to Orbital Reef, a commercial space station concept being developed in partnership with Blue Origin and other aerospace companies as part of the broader industry transition toward commercial replacements for the aging International Space Station. The company has continued working toward Dream Chaser's first operational cargo missions following a lengthy development and testing period common to novel spacecraft designs, while pursuing both government and prospective commercial customers for its broader space transportation and habitat infrastructure portfolio. Sierra Space has raised substantial venture funding from investors including General Atlantic and Coatue, reaching a valuation exceeding $5.3 billion, competing with SpaceX and other providers across the various commercial space transportation and infrastructure markets it participates in.
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