Edit ModuleShow Tags

Boulder-based Blue Canyon Technologies sees rapid growth

Aerospace company credits niche small satellite building


Published:

BLUE CANYON TECHNOLOGIES  |  Product: Aerospace + Aircraft |  Made in: Boulder

Blue Canyon grew from 30 employees in early 2017 to about 125 today. 

The driver? The adoption of small satellites and constellations over the larger legacy spacecraft launched in much smaller quantities. 

President and CEO George Stafford co-founded the company in 2008 and went after SBIR contracts. One of the first such projects involved developing a control system for small satellites for the U.S. Air Force. 

The market matured as Blue Canyon honed the system. Four years of R&D later, the company “got some real traction” in 2012, Stafford says. Its first product, the XACT Attitude Control System, remains the flagship today. 

The company has grown with the rapidly emerging market for small satellites. “For an aerospace company, we are very vertically integrated,” Stafford says. It works with some outside machine shops, but the systems are largely manufactured in-house. Blue Canyon also manufactures complete spacecraft for commercial and government clients. 

With the growth, Blue Canyon quickly filled the 42,000 square feet in two buildings it moved into in 2017, and is expanding by 12,000 feet in 2019 as the company makes another 50 to 60 new hires. “Next year, we’ve got a building coming online that will add another 40,000 [square feet],” Stafford says. “It’s just an open field right now.” 

More space will allow for more manufacturing capacity – and the company needs it. Small satellite launches will jump from 100 to 200 a year to as many as 1,000 a year in the near future, Stafford projects, catalyzed by complementary rocket technology. “Now you have rockets coming online from Virgin Galactic, Rocket Lab and Firefly that are dedicated to [small satellite launches],” he says. “That will really open up the market.”

Edit Module
Eric Peterson

Denver-based writer Eric Peterson is the author of Frommer's Colorado, Frommer's Montana & Wyoming, Frommer's Yellowstone & Grand Teton National Parks and the Ramble series of guidebooks, featuring first-person travelogues covering everything from atomic landmarks in New Mexico to celebrity gone wrong in Hollywood. Peterson has also recently written about backpacking in Yosemite, cross-country skiing in Yellowstone and downhill skiing in Colorado for such publications as Denver's Westword and The New York Daily News. He can be reached at Eptcb126@msn.com

Get more content like this: Subscribe to the magazine | Sign up for our Free e-newsletter

Edit ModuleShow Tags

Archive »Related Articles

Faces of Community Service: Bellco Credit Union

Started by employees of Mountain States Telephone and Telegraph in 1936, Bellco has grown to become Denver’s largest credit union with 325,000 members and more than $4.5 billion in assets.

Protect Your Finances While on Summer Vacation

Take heed of these suggestions to keep your finances protected before, during and after vacation.

Why You Need Strategic HR

This kind of thinking created a dual perspective where employees saw HR as a provider of perks and protection.
Edit ModuleShow Tags
Edit ModuleEdit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags