+41%

est. 2Y upside i

AerospaceSeries A

The platform to monitor and automate satellite operations

Rank

#1998

Sector

Aerospace Software / Space Technology

Est. Liquidity

~6Y

Data Quality

Data: Low

Quindar presents legitimate but highly illiquid upside for a job seeker willing to commit 5-7 years: the Space Force contract, Booz Allen strategic backing, and Golden Dome program adjacency are credible catalysts in a growing $1.1B SAM.

Last updated: May 5, 2026

Bull (20%)+200%

Quindar wins classified Golden Dome and Space Force contracts, growing revenue from $3.2M to $12-15M ARR within 24 months. A Series B priced at $220-250M (~17x ARR) delivers ~200% paper appreciation on entry equity, though actual liquidity remains 4-6 years beyond the 2-year horizon.

Base (50%)+40%

Quindar expands KSAT and Space Force relationships and adds 3-5 new commercial satellite operators, growing revenue ~70% to ~$5.5M ARR by mid-2028. A Series B at $110-120M against an estimated ~$80M entry valuation yields ~40% paper appreciation after approximately 20% dilution.

Bear (30%)-65%

Government procurement cycles stall and large defense primes (Lockheed Martin, Northrop Grumman) leverage internal satellite operations capabilities to crowd Quindar out of prime contracts, leaving revenue below $5M ARR. Elevated burn on the $18M Series A forces a flat or down-round Series B, contracting common equity value by ~65%.

Est. time to liquidity~6.0 years

Preference Stack Risk

severe

Funding Intensity

34%

With $27M in cumulative preferred liquidation preferences against an estimated ~$80M post-Series A valuation, the preference overhang is approximately 34%, meaning any exit below ~$80M returns zero to common stockholders.

Dilution Risk

high

As a freshly closed Series A company, employees should model 40-60% cumulative dilution from the likely 2-3 additional funding rounds (Series B, C, and potential growth capital) required before any liquidity event.

Secondary Liquidity

limited

No secondary market activity has been disclosed at Series A stage; liquidity over the 2-year horizon is effectively zero unless the company executes a structured tender offer, which Booz Allen's strategic stake could potentially facilitate but remains speculative.

Engineering — 3 roles

Sales & Marketing — 2 roles

View all 7 open roles at Quindar →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Quindar's data — designed to show you've done your homework.

  • 1

    “What is the current ARR, net revenue retention rate, and expected runway on the $18M Series A given current monthly burn — and what milestones trigger the Series B raise?”

  • 2

    “Are government contracts structured as SaaS subscriptions or time-and-materials, and what is the average contract value and renewal rate versus commercial accounts?”

  • 3

    “What is the 409A fair market value per share, the option strike price being offered, and what is the post-termination exercise window if I leave before a liquidity event?”

Community

Valuation Sentiment

Our model estimates +41% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.