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Founded Year



Series B | Alive

Total Raised


Last Raised

$2.8M | 1 yr ago

About PD Aerospace

PD Aerospace is developing a fully reusable suborbital spaceplane for both unmanned and manned flights. Applications include space tourism, microgravity experiments, high altitude atmospheric observation, and more.

PD Aerospace Headquarter Location

3519 Arimatsu Midori-ku

Nagoya, 458-0924,


+81 0566-95-8228

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Latest PD Aerospace News

Global Sub-Orbital Space Tourism Market Report 2021 Featuring Blue Origin, Orbspace, PD AeroSpace, SpaceX, Space Perspective, Virgin Galactic, Zero Gravity, and Zero 2 Infinity

Oct 19, 2021

The global sub-orbital space tourism market is estimated to reach $396.6 million in 2031, at a compound annual growth rate (CAGR) of 24.46% during the forecast period 2021-2031. With the growing need to make space accessible to the general public, several companies have been developing spacecraft as well as high-altitude balloons that will enable space tourism. Some of these companies include Virgin Galactic, Space Perspective, and Orbspace, among other. Currently, the space industry is focusing on developing technologies, platforms as well as spaceports that will enable space transportation. Sub-orbital flights, including space tourism, have gathered significant interest from the space sector as well as individuals who want to travel to space. Several companies such as Virgin Galactic, Blue Origin, Space Adventures, PD AeroSpace, LTD, Space Perspective, and Zero Gravity Corporation are focusing on developing platforms that will enable space tourism. The current challenge is to make space trips cheaper and thus more accessible to the public. One of the major technologies that the industry is focusing is the reusability of space systems such as suborbital or orbital reusable vehicles. The reusable systems allow the companies to reduce costs as well as operate the system for several missions. The developments of the players in the market showcase that this market has the potential to have immense growth in the upcoming years. Sub-Orbital Space Tourism Industry Overview Space transportation has garnered significant interest from several space industries in the past few years. In the past, most space transportation has been focused on cargo supply missions to the International Space Station (ISS) and launch services, but currently, this focus has shifted to in-space transportation, planetary explorations, crewed missions, sub-orbital transportation, and space tourism. Several companies, including SpaceX, Blue Origin, and Virgin Galactic, have been focusing on developing platforms such as rocket-powered sub-orbital vehicles that will enable the industry to carry out sub-orbital transportation and space tourism. Market Segmentation Sub-Orbital Space Tourism Market by End User The government end-user segment is anticipated to dominate the sub-orbital space tourism market. The factors contributing to this growth are the increasing number of partnerships and contracts that government agencies are forming with commercial players for several sub-orbital transportation applications. Sub-Orbital Space Tourism Market by Flight Vehicle Type The sub-orbital reusable vehicles segment is expected to lead the sub-orbital space tourism market. The growth of this segment is attributed to the growing number of emerging companies involved in developing such reusable vehicles that will carry out sub-orbital transportation. Sub-Orbital Space Tourism Market by Region North America is expected to dominate the global sub-orbital space tourism market during the forecast period. The number of growing successful demonstrations and test flights carried out by key players in this market has created an opportunity not only for them but also for other players who want to enter the market. Apart from this, these successful demonstrations have proven the viability of these systems and may push these companies to commercialize their product offerings. Additionally, several spaceports, such as the West Texas Launch Site and Spaceport America launch site, which support sub-orbital spaceflights, are also expected to boost the sub-orbital space tourism operations, which in turn will drive the market growth. Key Market Players and Competition Synopsis Blue Origin, Orbspace, PD AeroSpace, LTD, SpaceX, Space Perspective, Virgin Galactic, Zero Gravity Corporation, and Zero 2 Infinity S.L The companies that are profiled in the report have been selected post undergoing in-depth interviews with experts and understanding details around companies such as product portfolio, annual revenues, market penetration, research and development initiatives, and domestic and international presence in the space industry. Key Questions Answered in the Report What are the underlying structures resulting in the emerging trends within the sub-orbital transportation and space tourism market? What are the underlying structures resulting in the emerging trends within the sub-orbital space tourism market? What are the potential opportunities in the market for new OEMs and other players to enter? Which end user is expected to lead the sub-orbital space tourism market by 2031? What was the market value of the regions in the sub-orbital space tourism market in 2020, and how is the market estimated to grow during the forecast period 2021-2031? How is the industry expected to evolve during the forecast period 2021-2031? What are the key developmental strategies that are implemented by the key players to sustain the competitive market? Key Topics Covered:

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PD Aerospace Rank

  • When was PD Aerospace founded?

    PD Aerospace was founded in 2007.

  • Where is PD Aerospace's headquarters?

    PD Aerospace's headquarters is located at 3519 Arimatsu Midori-ku, Nagoya.

  • What is PD Aerospace's latest funding round?

    PD Aerospace's latest funding round is Series B.

  • How much did PD Aerospace raise?

    PD Aerospace raised a total of $10.96M.

  • Who are the investors of PD Aerospace?

    Investors of PD Aerospace include Toyota Tsusho, Yoshimoto Investment, OKB Capital, Sojitz Ventures, TOHOKU University Venture Partners and 10 more.

  • Who are PD Aerospace's competitors?

    Competitors of PD Aerospace include SpaceX and 4 more.

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