Co-Invest Menu
Vast Space - Private Space Stations
Antares - Nuclear Energy
Ursa Major - Solid Rocket Motors & Hypersonics
Machina Labs - AI enabled precision manufacturing
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Don’t fly alone
At Balerion, we pride ourselves on giving co-investors access to the very best opportunities in the new space and defense economy. By partnering with us, you gain entry to highly competitive deals and premium allocations that are often unavailable to individual investors. Our team’s rigorous diligence process, built on deep technical expertise and global networks, ensures that every investment is vetted with precision and conviction. Co-investing alongside Balerion means leveraging our proven ability to source, evaluate, and secure the most promising frontier-tech companies, so you don’t just participate in the future, you help shape it.
Vast Space
Developing next-generation commercial space stations to pioneer long-term human living and thriving in space.
Stage Early
Sector Emerging
BSV Invested ————— August 2025
Year Founded ————— 2021
Last Round ——————— Seed
Capital Raised ——— $900m
Team Size ———————— 850
Product Status ——— Scheduled Launch
Valuation ———————— Upon Request
Key Investors ———— Balerion Space
Space habitation technologies focused on building low-cost, artificial gravity stations. Vast aims to make long-duration living and working in space possible by eliminating the harmful effects of zero gravity and supporting humanity’s expansion across the solar system.
Machina Labs
Operator of an agile manufacturing platform intended to automate metal forming and fabrication processes.
Stage Early
Sector Supply Chain
BSV Invested ————— June 2024
Year Founded ————— 2019
Last Round ——————— Series C
Capital Raised ——— $77m
Team Size ———————— ~90
Product Status ——— System Developed
Valuation ———————— Upon Request
Key Investors ———— Alumni Ventures, Embark Ventures
Machina Labs offers a manufacturing platform that replaces costly dies with robotic dieless forming, cutting lead times from months to hours. Its AI-powered robots shape large, complex sheet metal parts in aerospace, defense, automotive, and industrial sectors, enabling faster product development and innovation cycles.
Antares
Developing integrated-fission power systems to enable energy resilience, national security, and space superiority.
Stage Early
Sector emerging
BSV Invested ————— September 2025
Year Founded ————— 2023
Last Round ——————— Series A
Capital Raised ——— $38M
Team Size ———————— ~40
Product Status ——— Thermal Prototype
Valuation ———————— Upon Request
Key Investors ———— Caffeneited Capital, Alt Capital, Uncommon Capital
Transportable microreactors for critical infrastructure built for austere and remote terrestrial applications enable space and defense industries to be provided with resilient special-purpose reactors that deliver maximum reliability and minimize maintenance for deployment anywhere.
Ursa major
Powering the future of defense and aerospace: high-performing, American-built propulsion and defense systems.
Stage Growth
Sector Transportation
BSV Invested ————— March 2022
Year Founded ————— 2015
Last Round ——————— Series E
Capital Raised ——— $394M
Team Size ———————— ~385
Product Status ——— Flight Demonstration
Valuation ———————— Upon Request
Key Investors ———— Brave Capital, RTX Ventures, Alumni Ventures
manufacturer of turnkey propulsion systems designed for microsatellite launch vehicles and advanced hypersonic applications. Its liquid oxygen and kerosene-powered combustion engines deliver high performance at lower cost for both commercial and defense customers. The company has expanded its role in next-generation aerospace missions through its work with Stratolaunch, supplying propulsion technologies that support reusable hypersonic testbeds, positioning Ursa Major at the forefront of propulsion innovation for space access and high-speed flight.