Aurora Propulsion Technologies is ranked 13th on the Deloitte Technology Fast 50 2026 Finland. For a company that builds satellite hardware, that number says more than it seems.
On the evening of 5 November, a screen at Deloitte’s Helsinki office lit up with fifty names. Finland’s fastest-growing technology companies, ranked by one thing only: revenue growth.
Next to number 13 stood Aurora Propulsion Technologies. Growth: 637%.
Aurora’s CEO Pekka Blomberg took a selfie in front of the screen, finger pointing at the line. It is the kind of photo founders take when a number finally says what they have been telling people for years.
A ranking you cannot talk your way into
The Fast 50 does not ask for a pitch. Deloitte builds the list from official financial statements and ranks companies on revenue growth. No forecasts. No valuations. No jury to impress.
That is what makes the list useful to anyone buying from a young space company. Satellite builders ask every supplier the same quiet question: will you still be here when my mission flies? Reported revenue is one honest answer.
The 2026 list includes Oura Health, ICEYE and IQM. Aurora sits among them.
Why 637% is hard in space hardware
Fast growth usually comes from products that ship with a click. Propulsion does not.
A thruster is sold through design reviews, qualification campaigns and launch schedules that move. A customer commits long before the satellite reaches orbit. So growth of 637% means something specific: satellite manufacturers and operators in Europe and Asia have ordered Aurora propulsion for their missions.
Water, and why customers choose it
Aurora builds water-propellant propulsion for small satellites. Three missions carrying Aurora hardware have flown since 2022, with eight Aurora products launched.
The core product today is ARM-O, a water resistojet for orbit control, built in 0.6U and 1U sizes. Water is non-toxic. So ARM-O ships fuelled and needs no fuelling operations at the launch site. For a satellite team, that removes a hazardous step, a schedule risk and a line in the budget.
The first ARM-O units fly in 2027.
“Nobody gets on this list with a good story. You get on it with invoices. Every percent of that growth is a customer who decided to fly our propulsion, and a team in Espoo that delivered it.”
Pekka Blomberg, CEO, Aurora Propulsion Technologies
What comes next
Aurora is now scaling ARM-O production for constellation programmes and satellite manufacturers in Europe and Asia.
The next place to meet the team is Space Tech Expo Europe in Bremen, 17 to 19 November 2026. If you are planning a mission and still have an open line for propulsion, come to the stand. Or write to sales@aurorapt.fi.
Thank you to our customers, our partners and the Aurora team. And thank you to Deloitte Finland for the recognition.
About Aurora Propulsion Technologies
Aurora Propulsion Technologies is a Finnish in-space propulsion company based in Espoo. It designs and delivers water-propellant resistojet thrusters for small satellites, with an EU-origin supply chain. More at aurorapt.space.