German SpaceTech HyImpulse secures over €50 million to accelerate Europe’s sovereign launch capabilities
HyImpulse Technologies, a Neuenstadt am Kocher-based manufacturer and system provider of commercial rockets for suborbital and orbital launch services, today announced a Series A Extension round of more than €50 million in equity. The round was co-led by JOIN Capital and Ace Capital Partners, with participation from new investors, including North Ventures, BW-Capital, Bayern Kapital […] The post…
German SpaceTech startup HyImpulse has secured over €50 million in its Series A Extension round, bringing its total equity and public funding to more than €125 million. The co-led financing round, which includes participation from new investors such as North Ventures, BW-Capital, Bayern Kapital, and the German Aerospace Centre (DLR), reflects investors' confidence in the company's team, technology, and commercial vision.
HyImpulse, founded in 2018 as a spin-off from the German Aerospace Centre (DLR), specializes in developing and providing suborbital and orbital launch capabilities based on its proprietary hybrid propulsion technology. This technology combines non-explosive paraffin fuel with liquid oxygen, offering a safe, cost-efficient, and scalable alternative to conventional kerosene-based systems.
The company's SR75 suborbital launcher, which completed its inaugural flight campaign in 2024, is set to launch from SaxaVord Spaceport in Scotland. With an order book exceeding €350 million across its suborbital and orbital programmes, HyImpulse aims to meet growing demand for independent launch capabilities across commercial, institutional, and defence markets in Europe.
Brief written by urgent.news from EU-Startups's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.