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No. 446   XCOR Aerospace

Mojave, CA

Year 2007
Industry Transportation
Founded 1999
Growth 646.3%
2003 Revenue $480,694
2006 Revenue $3.6 million
Employees 34
Website www.xcor.com

What it does: Develops reusable rocket-powered vehicles and systems.

Why it's growing: Speed to market. The company strives to design, build, and test rockets on a much shorter schedule than the rest of the industry, where the norm is to conduct only a few rocket tests a year and then analyze the results at length. Among its process innovations, XCOR uses a mobile test launch pad and eschews toxic propellants, which require delicate handling. (To see an XCOR rocket engine, click here.)

Read this company's extended IncBizNet profile.

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