Impulse Space's Series D round grows to $808 million as backlog expands

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.