Impulse Space Raises $308 Million in Latest Funding Round
Impulse Space has raised $308 million in it latest funding round. The money will be used to develop the company's spacecraft products. Tom Mueller, founder and chief executive officers, speaks on "Bloomberg Tech." (Source: Bloomberg)
Impulse Space has successfully raised an additional $308 million in its Series D funding extension, bringing the total to $808 million. The company, which builds spacecraft for satellite and payload transportation, aims to serve a backlog of commercial and government customers. This extension brings Impulse's valuation to an impressive $5.6 billion.
The recent round in June valued the company at $4.26 billion. SpaceX's successful IPO in June has contributed to increased investor interest in the space sector, bolstering the fundraising environment. Impulse recently hired Adam Townsend, a Vizio executive, as its new Chief Financial Officer. The company now employs over 600 people and has 180 open positions, reflecting its rapid growth.
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- Impulse Space's Series D round grows to $808 million as backlog expands finance.yahoo.com
- Impulse Space's Series D round grows to $808 million as backlog expands channelnewsasia.com
