The quickly growing Boulder-based small satellite and mission services company continues to rise through the ranks, with a growth rate of more than 670 percent
BOULDER, Colo.--(BUSINESS WIRE)--Small satellite manufacturer and mission services provider Blue Canyon Technologies (BCT) today announced it has once again topped the Inc. 5000: The Most Successful Companies in America list, an annual ranking of the 5,000 fastest-growing privately held companies in the U.S.
Blue Canyon ranked in the top fifth, coming in at No. 698. The company’s placement on the list is a result of Blue Canyon’s growth rate of more than 670 percent in the last year. This is the fourth year BCT has earned a place in the rankings.
“As a company, we’ve made it a priority to invest in smart, deliberate growth and new hires as we work to deliver consistently innovative solutions for our customers,” said George Stafford, CEO and president of Blue Canyon Technologies. “This prestigious ranking once again demonstrates our leadership in the space industry, and the opportunity we offer to new, innovative talent.”
Blue Canyon’s diverse spacecraft platform has the proven capability to enable a broad range of missions and technological advances for the New Space economy, further reducing the barriers of space entry. BCT is currently building more than 60 spacecraft for government, commercial and academic missions. This year the company opened its new 80,000 square-foot manufacturing facility, the Crescent Satellite Constellation Factory near Boulder, bringing their manufacturing footprint to nearly 140,000 square feet across locations in Colorado and New Mexico.
The company recently announced the details of its contract award for Phases 2 and 3 of the Blackjack Program, a military space capabilities demonstration developed by the Defense Advanced Research Projects Agency (DARPA). The contract has an initial award value of $14.2 million with a total potential value of $99.4 million if all options are exercised.
This, and other recent contract wins from the past year, will allow Blue Canyon Technologies to hire more employees, creating new jobs in an uncertain market and adding a vast amount of expertise and talent to its various teams. The company currently has 260 employees.
Blue Canyon Technologies, Inc., (BCT) a Colorado-based private company founded in 2008 to bring innovative, reliable and affordable solutions to space missions, is an experienced integrator of aerospace systems and developer of advanced aerospace products and technologies. BCT is a vertically integrated spacecraft manufacturer supporting nearly 50 unique missions with over 90 spacecraft. The company currently has more than 90 satellites in production and recently developed a new 80,000-square-foot facility for high rate production.
BCT has supported missions for the U.S. Air Force, NASA, the Defense Advanced Research Projects Agency (DARPA) and many others and provided the Attitude Control Systems for the first interplanetary CubeSats which successfully traveled to Mars. The company has been recognized with awards including Inc. Magazine’s 5000 Fastest Growing Private Companies, 2017 Colorado Companies to Watch, 2019 Best in Biz and the 2019 Colorado Biz Made in Colorado Emerging Manufacturer Winner.
Media: Hayle Bell, 720-458-0703