HyImpulse Raises €50M to Advance European Rocket Launches
HyImpulse Raises Fresh Funding for Rocket Development German spacetech company HyImpulse Technologies has raised more than €50 million in fresh funding. The Series A Extension was co-led by JOIN Capital The post HyImpulse Raises €50M to Advance European Rocket Launches appeared first on Ventureburn .
German spacetech company HyImpulse Technologies has secured over €50 million in fresh funding for rocket development. The Series A Extension round was co-led by JOIN Capital and Ace Capital Partners, with participation from existing investors such as DLR, North Ventures, BW-Capital, Bayern Kapital, and Campus Founders Ventures. Founded in 2018 by four former DLR aerospace engineers, HyImpulse is developing a hybrid propulsion system that combines paraffin with liquid oxygen.
This technology aims to reduce launch costs and make orbital access more affordable and responsive. The company's SR75 suborbital rocket recently completed its first flight from Australia's Koonibba Test Range and is set for another launch from Scotland in 2026. HyImpulse also plans to develop the SL1 orbital rocket for commercial satellite launches.
DLR's investment strengthens its partnership with HyImpulse as Europe seeks more competitive and independent access to orbit through hybrid rocket technology.
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