Defense Tech Signals · Capital vs. Contracts Open-source analysis · public data only Data as of Nov 8, 2026 · obligations refresh every other Monday
NatSec100 #52

Turion Space

Recipient: TURION SPACE CORP · UEI U75PK8CWWKS6

About $2.79 raised for every $1 obligated. 80% of it came through prime contracts.

Capital raised
$113.0M
Federal obligations, FY2020–FY2026
$40.5M
Raised per $1 obligated
2.8×
Latest valuation
—
Not disclosed

Obligations by fiscal year

$M
0 FY20 0 FY21 1.0 FY22 5.8 FY23 3.6 FY24 8.5 FY25 21.6 FY26

Prime contracts Other Transactions Subawards

Contract mix

Prime contracts
$32.5M
Other Transactions
$7.5M
Subawards
$0.5M

Cite this: Defense Tech Signals, "Capital vs. Contracts: Turion Space," data as of 2026-11-08, https://data.defensetechsignals.com/c/turion-space/.

Coverage: prime contracts, IDVs and grants (USAspending), direct Other Transactions (FPDS) and subawards received, FY2020–FY2026. Not included: consortium OTs, FY 2027 so far, loans and classified work. Capital raised: SVDG 2026 report total, plus later announced rounds. Obligations last refreshed 11/5/2026.