BENCHMARK SPACE SYSTEMS INC

South Burlington, VT · Founded 2014 · Aerospace · Private

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Updated · benchmark-space.com

Sector
Aerospace
Headquarters
South Burlington, VT
Founded
2014
Latest Form D
$10M offered, May 2026
Total capital
$95.9M
Federal grants
$9.9M
12 awards · 2019–2026
Rank in peer group#28 of 155
Private capital raised
$65.6M
12 Form D · last May 2026
5 months since last filing
Federal contracts
$20.3M
11 awards · NASA, Defense
Rank in Aerospace#152 of 1335
Granted patents
1
3 pending · first 2023
Rank in peer group#60 of 155

Capital timeline

20182020202220242026FEDERAL ↑EQUITY ↓Cumulative $106M$12.4M$3M$3M$1.9M$1.1M12th Form D$10M
20182020202220242026FEDERAL ↑EQUITY ↓Cumulative $106M$12.4M$3M$3M

Latest events

  • Federal grantNASA · Phase II · SBIR Phase II$1.1M
  • Federal grantNASA · Phase I · SBIR Phase I Heating Of Thrusters Reduced On Demand (hotrod)$225K
  • Offering registeredForm D · SEC · 12th filing$10M
  • Federal contractNASA · SBIR I Deorbit Object With Navigation (down)$149K
  • Federal grantNASA · Phase I · SBIR I Deorbit Object With Navigation (down)$149K
  • Federal contractDefense · Rapid Ascent Propellant Loading Equipment$1.9M
  • Federal grantDefense · Phase II · Rapid Ascent Propellant Loading Equipment$1.9M
  • Private capital raisedForm D · SEC · 11th filing$2.4M
  • Private capital raisedForm D · SEC · 10th filing$6.8M
  • Private capital raisedForm D · SEC · 9th filing$33.3M
  • Private capital raisedForm D · SEC · 8th filing$9.6M
  • Private capital raisedForm D · SEC · 7th filing$500K
  • Private capital raisedForm D · SEC · 6th filing$7.4M
  • Private capital raisedForm D · SEC · 5th filing$1M
  • Private capital raisedForm D · SEC · 4th filing$2M
  • Private capital raisedForm D · SEC · 3rd filing$1.3M
  • Private capital raisedForm D · SEC · 2nd filing$1.1M
  • Private capital raisedForm D · SEC · 1st filing$275K
Show 17 earlier federal awards
  • Federal contractNASA · Phase II SBIR, 80NSSC25C0108, Aquila - Chemical-electric Hybrid Transfer Stage$847K
  • Federal grantNASA · Phase II · Phase II SBIR, 80NSSC25C0108, Aquila - Chemical-electric Hybrid Transfer Stage$847K
  • Federal contractDefense · F2D-14649 Benchmark Space Systems, Inc. - The Work To Be Accomplished Includes Conducting A Thorough Concept Of Operations And Systems Requirement Review, Refining Design Reference Missions (drms), Performing Detailed Mission Simulations.$3M
  • Federal grantDefense · Phase II · F2D-14649 Benchmark Space Systems, Inc. - The Work To Be Accomplished Includes Conducting A Thorough Concept Of Operations And Systems Requirement Review, Refining Design Reference Missions (drms), Performing Detailed Mission Simulations.$3M
  • Federal grantNASA · Phase II · Resilient Independent Propulsive Controlled On-orbit Recovery Device (ripcord)$850K
  • Federal contractNASA · Resilient Independent Propulsive Controlled On-orbit Recovery Device (ripcord)$850K
  • Federal contractNASA · FY24 SBIR Phase I- Benchmark Single Asset Kick Stage$148K
  • Federal grantNASA · Phase I · FY24 SBIR Phase I- Benchmark Single Asset Kick Stage$148K
  • Federal contractDefense · Rapid Ascent Loading$190K
  • Federal grantDefense · Phase I · Rapid Ascent Loading$190K
  • Federal contractNASA · SBIR Phase I Ignite - High Efficiency Solid Oxide Fuel Cell/turbogenerator Hybrid Electric Propulsion System$150K
  • Federal grantNASA · Phase I · SBIR Phase I Ignite - High Efficiency Solid Oxide Fuel Cell/turbogenerator Hybrid Electric Propulsion System$150K
  • Federal contractDefense · Advanced In-space Mobility Technology Development And Integration$500K
  • Federal contractDefense · A Restartable Ascent-based Upper Stage Engine Using Thermal Ignition$12.4M
  • Federal grantNASA · Phase II · Warm Gas Generator Resistojet Micropropulsion System$750K
  • Federal contractNASA · Warm Gas Generator Resistojet Micropropulsion System$121K
  • Federal grantDefense · Phase II · Turn-Key Small Satellite Thruster with On-Demand Pressurization and Non-Toxic Propellant$679K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 155 peers

Line = median

Aerospace · Device

  • Federal grants#28 · top 18%
  • Granted patents#60 · top 39%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

Researcher links verified by same-company patents and grants
  • Michael Ryan McDevittResearcherExecutive OfficerLinked by $750K in grants as PI
  • Ryan McDevittResearcherExecutive Officer, DirectorLinked by $679K in grants as PI
  • Briar Ryan AlpertDirectorNamed in SEC Form D filings
  • Chris H. TimchakDirectorNamed in SEC Form D filings
  • Christopher H TimchakDirectorNamed in SEC Form D filings
  • Edward Ryan EpplerDirectorNamed in SEC Form D filings
Show all 17 people
  • James H. CrookDirectorNamed in SEC Form D filings
  • James H Crook Jr.DirectorNamed in SEC Form D filings
  • James H Crook, Jr.DirectorNamed in SEC Form D filings
  • Lee Ryan BouyeaDirectorNamed in SEC Form D filings
  • Matthew Ryan McDevittExecutive Officer, DirectorNamed in SEC Form D filings
  • Matthew Ryan McSheaExecutive OfficerNamed in SEC Form D filings
  • Matthew Ryan SheaExecutive Officer, DirectorNamed in SEC Form D filings
  • M Ryan McDeavittExecutive Officer, DirectorNamed in SEC Form D filings
  • M. Ryan McDevittExecutive Officer, DirectorNamed in SEC Form D filings
  • Stephen Ryan KellyDirectorNamed in SEC Form D filings
  • Wesley Ryan GroveExecutive OfficerNamed in SEC Form D filings

What it has protected

USPTO · 1 granted of 4
  • GrantedMetal Plasma Thruster CubeUSPTOUS 11,644,016
  • PendingIntegrated Heaters Having Nonlinear Passageways For Heating Fluids, And Apparatuses Incorporating SameUSPTOApplication PCTUS2023018907
  • PendingSatellite Metal Plasma Thruster And Control CircuitUSPTOApplication PCTUS2022046885
Show all 4 patent records
  • Metal Plasma Thruster CubeMay 9, 2023 · US 11,644,016Granted
  • Integrated Heaters Having Nonlinear Passageways For Heating Fluids, And Apparatuses Incorporating SameApplication PCTUS2023018907Pending
  • Satellite Metal Plasma Thruster And Control CircuitApplication PCTUS2022046885Pending
  • Nonlinear-Flow Heat Exchangers for Heating Propellants, and Propulsion Systems Incorporating SameApplication 63331938Pending
  • CU AEROSPACE L.L.C.Similar federal contract value in Aerospace · $21M in contracts
  • SPECIAL AEROSPACE SERVICESSimilar federal contract value in Aerospace · $20.6M in contracts
  • RELIACOAT TECHNOLOGIES, LLCSimilar federal contract value in Aerospace · $20.5M in contracts
  • Ormond, LLCSimilar federal contract value in Aerospace · $19.9M in contracts
  • ESSENTIUM INCSimilar federal contract value in Aerospace · $19.7M in contracts
  • Prime Photonics, LCSimilar federal contract value in Aerospace · $19.5M in contracts

Regulatory activity · Aerospace

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .