The round, which was led by Linse Capital, brings Impulse’s total capital raised to $525 million. There was also participation from new investor DFJ Growth and returning investors included Valor Equity Partners, Founders Fund, Lux Capital, RTX Ventures, and Airbus Ventures among others.
In-space mobility
“We’ve proven that we can build fast and fly successfully. Now, the market is demanding more,” said Tom Mueller, CEO and founder, and the architect of SpaceX’s Merlin engine family. “This raise helps us scale production and technical capabilities to meet that demand head-on.”
“Achieving a true space age is going to require new levels of in-space mobility to move payloads quickly and precisely, both within and between orbits. That capability is what we’re building at Impulse.”
The company says it will use the investment to increase its hiring and scale its production.
Impulse Space
The company highlighted its achievements in the last four years. For example, building and flying Mira on two customer missions. This is its high-thrust, manoeuvrable space vehicle for payload hosting and deployment.
Additionally, there is the execution of what it claims to be the two largest orbital maneuvers by a nitrous-based propulsion system. It also secured 30 commercial and government contracts totaling $200 million in value.
Finally, it has developed Helios (pictured) – a high-energy kick stage – to deliver payloads to MEO, GEO. This is on track to fly in 2026.
Compatible with Falcon 9, Falcon Heavy, New Glenn and other medium-lift and super-heavy rockets – using standard payload interfaces – Helios services are aimed at the communications, imaging, defense, and scientific sectors.
The Impulse Space headquarters are in Redondo Beach, California.
Image: Impulse Space – Helios
See also: Magdrive raises $10.5m seed funding for novel propulsion systems