Private companiesTracked

Tiberius Aerospace

Newport Beach, CA · Founded 2022

Tiberius Aerospace develops long-range munitions for the U.S., the U.K. and allied forces, led by Sceptre, a ramjet-powered 155mm round fired from existing artillery. It licenses its designs to manufacturers and partner nations under what it calls a Defense-as-a-Service model.

Profile

What it builds and who buys it

  • ·Sceptre is designed to fly beyond Mach 3 to ranges of up to 150 kilometers, above 65,000 feet, with accuracy within five meters in GPS-denied conditions.Tiberius Aerospace (company release), Aug 4, 2026
  • ·Sceptre needs no new launcher, and its ramjet burns diesel, JP-4 and JP-8.Tiberius Aerospace (company release), Aug 4, 2026
  • ·The company announced in April 2026 that a liquid-fuelled ramjet projectile fired from a NATO-standard 155mm howitzer had ignited and flown as intended in test firings in New Mexico.Tiberius Aerospace (company release), Apr 21, 2026
  • ·In September 2025 the company announced a U.K. Ministry of Defence contract to accelerate Sceptre’s development, worth about $5 million plus production and procurement costs according to its chief executive.Tectonic, Sep 8, 2025
  • ·In August 2026 it signed a Cooperative Research and Development Agreement with the U.S. Army Combat Capabilities Development Command Armaments Center for Sceptre.Tiberius Aerospace (company release), Aug 4, 2026
  • ·Invictus, a tube-launched multi-mission missile, entered formal engineering test and evaluation in August 2026. The Invictus-200 is planned to reach Mach 3 and ranges of up to 200 kilometers.Tiberius Aerospace (company release), Aug 20, 2026
  • ·In October 2026 the company announced a $500 million technology collaboration contract to manufacture, license and distribute Sceptre, under an ITAR Technical Assistance Agreement with a consortium of U.K. technology partners. The release does not name the contract’s counterparty.Tiberius Aerospace (company release), Oct 1, 2026
  • ·Governments and manufacturers license a system’s design and research from Tiberius, then pay separately for manufacturing and upgrades.Tectonic, Sep 8, 2025

Founders and leadership

  • Chad SteelbergFounder and chief executive

    Worked at Google and founded Veritone.Tectonic, Sep 8, 2025

  • Andy BaynesCo-founder and chief strategy officer

    Held senior roles at Apple and Google.Tectonic, Sep 8, 2025

  • Michael MartinCo-founder and chief operating officer

    One of the four founders of Tiberius in 2022.Tectonic, Sep 8, 2025

  • Tim ConnersCo-founder and chief engineer

    One of the four founders of Tiberius in 2022.Tectonic, Sep 8, 2025

Funding

Last valuation

No citable valuation

Last round or tender

$4.5Mraised

Founders’ roundTectonic, Sep 8, 2025

Announced in an exclusive release to Tectonic. Backed by Never Lift Ventures, Blacklake, firedrop VC, Beaten Zone Ventures and other strategic investors. No valuation was stated.

Latest revenue figure

—

Valuation to revenue

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Post-money valuation by round

Fewer than two dated figures on file to plot; the table carries what there is.

DateRoundRaisedPost-money
Sep 8, 2025Founders’ roundAnnounced in an exclusive release to Tectonic. Backed by Never Lift Ventures, Blacklake, firedrop VC, Beaten Zone Ventures and other strategic investors. No valuation was stated.$5M—

Primary capital across the rounds on file: $4.5M

Revenue

No citable revenue figure on file.

Secondary venues

  • Caplightpublic page seen Oct 15, 2026

    No price on the public page.

    No public MarketPrice. Historical pricing is behind a login. The page lists the September 2025 founders’ round with no amount shown.

A venue is listed when its public page named the company on the date shown. A price is the figure that page showed, under the venue’s own name for it and dated as the venue dated it; it is a level the venue publishes, not a trade. Nothing is recorded from behind a login.

Reads

Tracked only. No read has been prepared for this company; the figures above are the record.

Sources

Researched Oct 15, 2026