Investment in Portal Space Systems supports secure next-generation space capabilities with speed, cost efficiency, and maneuverability

MCLEAN, Va.--(BUSINESS WIRE)--Apr. 9, 2026-- Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, has invested in Portal Space Systems, a U.S.-based space technology company developing rapidly maneuverable spacecraft for next-generation orbital operations.

Portal Space Systems is developing a new class of maneuverable spacecraft, including Starburst—its orbital maneuvering vehicle designed to provide rapid, responsive operations within a destination orbit—and Supernova—its transorbital spacecraft built for movement across orbital regimes. Together, these systems enable spacecraft to reposition, persist, and respond dynamically in orbit, which is key to the future of orbital warfare in the space domain. Such capabilities are essential as space becomes more congested and contested, and the ability to respond at speed is critical to evolving mission needs.

Both vehicles are designed as multi-role platforms capable of supporting a range of payloads and missions. Supernova is built around Portal’s proprietary solar thermal propulsion system, enabling high-energy maneuvering and the range required to operate across orbital regimes.

Space superiority is underpinned by the ability to maneuver in orbit. In order to achieve this advantage, the U.S. must maintain our ability to outmaneuver our adversaries. Portal's spacecrafts do just that—providing the relevant U.S. agencies the ability to maneuver without regret at speed and scale to achieve the nation’s space superiority goals.

“Space is a critical domain for national and economic security, and maintaining advantage demands speed, agility, and resilience,” said Eric Hoffman, senior vice president of space solutions at Booz Allen. “Portal’s ability to enable rapid, dynamic maneuvering in orbit allows operators to reposition and respond in real time and addresses a critical need our customers face in an increasingly contested environment.”

By pairing Portal Space Systems’ rapidly maneuverable satellite platforms with Booz Allen’s strengths in mission integration, data, and cybersecurity, the investment enables more responsive and adaptive space operations, supporting emerging requirements for dynamic tasking, persistence, and control in increasingly contested orbital environments.

“Space is no longer a static domain, and our customers are operating in environments where speed and range directly determine mission outcomes,” said Jeff Thornburg, CEO of Portal Space Systems. “Booz Allen brings a deep understanding of those operational realities, and their investment reflects a shared belief that maneuverability is essential to maintaining advantage in orbit. Together, we are focused on delivering that capability at the speed and scale required by the mission.”

This investment builds on Booz Allen Ventures’ growing portfolio of space-focused companies advancing automation and operational resilience across the domain. Previous investments, including Albedo, Quindar, and Starfish Space, highlight Booz Allen’s commitment to accelerating U.S. space capabilities through innovative technologies that improve decision speed, reduce costs, and enhance mission outcomes.

“We invest in technologies that give our clients an edge at speed,” said Travis Bales, director of Booz Allen Ventures. “Portal Space Systems addresses a critical gap in orbital warfare with the unprecedented combination of delta-v and thrust capabilities. This investment reconfirms Booz Allen’s commitment to the space domain and backing teams to accomplish the hardest missions for our customers.”

Launched in 2022, Booz Allen Ventures makes strategic investments in visionary, early-stage startups that are focused on AI, defense tech, deep tech, cybersecurity, space, and reindustrialization. The fund tripled to $300 million last year, building on the success of investments across portfolio companies to date.

Read more about Booz Allen Ventures and the company’s space solutions and capabilities.

About Booz Allen Hamilton

Booz Allen is the advanced technology company delivering outcomes with speed for America’s most critical defense, civil, and national security priorities. We build technology solutions using AI, cyber, and other cutting-edge technologies to advance and protect the nation and its citizens. By focusing on outcomes, we enable our people, customers, and their missions to succeed—accelerating the nation to realize our purpose: Empower People to Change the World®.

With global headquarters in McLean, Virginia, our firm employs approximately 31,600 people globally as of December 31, 2025, and had revenue of $12.0 billion for the 12 months ended March 31, 2025. To learn more, visit www.boozallen.com

Forward-Looking Statements

Certain statements contained in this release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include statements that do not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “could,” “should,” “forecasts,” “expects,” “intends,” “plans,” “anticipates,” “projects,” “outlook,” “believes,” “estimates,” “predicts,” “potential,” “continue,” “preliminary,” or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct.

These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the fiscal year ended March 31, 2025, which can be found at the SEC’s website at www.sec.gov. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

BAHPR-CO

View source version on businesswire.com: https://www.businesswire.com/news/home/20260409865011/en/

Investor Relations: Investor_Relations@bah.com
Media Relations: Amanda Allison-Martini, Allison_Amanda@bah.com

Source: Booz Allen Hamilton Holding Corporation