Heil\u00adbronn \u2013 HyIm\u00adpulse Tech\u00adno\u00adlo\u00adgies GmbH (\u201cHyIm\u00adpulse\u201d), a leading Euro\u00adpean launch services company that deve\u00adlops and provi\u00addes subor\u00adbi\u00adtal and orbi\u00adtal launch capa\u00adbi\u00adli\u00adties based on proprie\u00adtary propul\u00adsion tech\u00adno\u00adlogy, announ\u00adced a Series A exten\u00adsion of its Series A finan\u00adcing tota\u00adling more than 50 million euros in equity. This mile\u00adstone reflects the strong confi\u00addence of new and exis\u00adting inter\u00adna\u00adtio\u00adnal inves\u00adtors in the company\u2019s tech\u00adno\u00adlogy, commer\u00adcial progress, and long-term vision of streng\u00adthening Europe\u2019s sove\u00adreign access to space. <\/p>\n
The round was co-led by JOIN Capi\u00adtal and Ace Capi\u00adtal Part\u00adners, with parti\u00adci\u00adpa\u00adtion from new inves\u00adtors, inclu\u00adding North Ventures, BW-Capi\u00adtal, and Bayern Kapi\u00adtal, as well as the German Aero\u00adspace Center (DLR), supple\u00admen\u00adted by contin\u00adued support from exis\u00adting share\u00adhol\u00adders, inclu\u00adding Campus Foun\u00adders Ventures. This brings the company\u2019s total equity and public funding to more than 125 million euros. <\/p>\n
The funding will acce\u00adle\u00adrate the deve\u00adlo\u00adp\u00adment and commer\u00adcia\u00adliza\u00adtion of HyImpulse\u2019s port\u00adfo\u00adlio of launch services, inclu\u00adding the second SR75 launch from the Saxa\u00adVord Space\u00adport by the end of 2026 and the maiden flight of the SL1 launch vehicle, as well as expan\u00adding produc\u00adtion capa\u00adcity and scaling up commer\u00adcial opera\u00adti\u00adons across Europe and beyond. It will also streng\u00adthen the company\u2019s posi\u00adtion in key growth markets, inclu\u00adding custo\u00admi\u00adzed and respon\u00adsive satel\u00adlite launch services, space mobi\u00adlity, and subor\u00adbi\u00adtal rese\u00adarch and defense applications. <\/p>\n
Dr. Chris\u00adtian Schmie\u00adrer, co-foun\u00adder and CEO of HyIm\u00adpulse<\/strong>: \u201cThis finan\u00adcing reflects our inves\u00adtors\u2019 confi\u00addence in our team, our tech\u00adno\u00adlogy, and our busi\u00adness vision. Europe needs inde\u00adpen\u00addent, flexi\u00adble, and econo\u00admic\u00adally sustainable launch capa\u00adbi\u00adli\u00adties. Our proprie\u00adtary hybrid propul\u00adsion tech\u00adno\u00adlogy, along with our subor\u00adbi\u00adtal and orbi\u00adtal services, enable us to meet the growing demand in the commer\u00adcial, insti\u00adtu\u00adtio\u00adnal, and defense markets.\u201d<\/p>\n \u201cEurope needs not only more rockets, but also a launch cost struc\u00adture that actually works,\u201d said Jan Borg\u00adst\u00e4dt, foun\u00adding part\u00adner of JOIN Capi\u00adtal<\/strong>. \u201cHyIm\u00adpulse has deve\u00adlo\u00adped a funda\u00admen\u00adtally leaner rocket archi\u00adtec\u00adture: about half the number of compon\u00adents, a cost reduc\u00adtion to half per kilo\u00adgram, and signi\u00adfi\u00adcantly lower capi\u00adtal requi\u00adre\u00adments to reach orbit. The company has alre\u00adady proven the tech\u00adno\u00adlogy in flight. That\u2019s why we parti\u00adci\u00adpa\u00adted in this funding round.\u201d <\/p>\n Shimon Tsent\u00adsi\u00adper of ACE Capi\u00adtal Part\u00adners<\/strong> explai\u00adned: \u201cWe were very impres\u00adsed by how Dr. Chris\u00adtian Schmierer\u2019s team achie\u00adved key mile\u00adsto\u00adnes with limi\u00adted resour\u00adces. Today\u2019s space launch market is suffe\u00adring from signi\u00adfi\u00adcant excess demand, parti\u00adcu\u00adlarly for afforda\u00adble, purpose-built launches\u2014and HyIm\u00adpulse offers a ground\u00adbrea\u00adking solu\u00adtion to this bott\u00adlen\u00adeck. We are proud to join the inves\u00adtor group and support the company as it beco\u00admes the market leader in this segment.\u201d<\/p>\n Estab\u00adli\u00adshing Europe\u2019s Inde\u00adpen\u00addent Access to Space and Subor\u00adbi\u00adtal Hyper\u00adso\u00adnic Capa\u00adbi\u00adli\u00adties Access to space is beco\u00adming incre\u00adasingly important for Europe\u2019s econo\u00admic compe\u00adti\u00adti\u00adve\u00adness, tech\u00adno\u00adlo\u00adgi\u00adcal sove\u00adreig\u00adnty, and secu\u00adrity. HyImpulse\u2019s proprie\u00adtary hybrid propul\u00adsion tech\u00adno\u00adlogy combi\u00adnes non-explo\u00adsive paraf\u00adfin fuel with liquid oxygen, offe\u00adring a safe, cost-effec\u00adtive, and scalable alter\u00adna\u00adtive to conven\u00adtio\u00adnal kero\u00adsene-based systems. The lower system comple\u00adxity and redu\u00adced number of compon\u00adents enable safer, more respon\u00adsive launch opera\u00adti\u00adons and compe\u00adti\u00adtive launch econo\u00admics, support\u00ading afforda\u00adble and sove\u00adreign access to space. HyIm\u00adpulse alre\u00adady opera\u00adtes a commer\u00adcial subor\u00adbi\u00adtal plat\u00adform, the SR75 subor\u00adbi\u00adtal launch vehicle. <\/p>\n Follo\u00adwing its first flight campaign at the Koonibba Test Range in South Austra\u00adlia in 2024, the company is prepa\u00adring for its next SR75 launch from the Saxa\u00adVord Space\u00adport in Scot\u00adland. HyImpulse\u2019s SR75 and the broa\u00adder goals of the subor\u00adbi\u00adtal road\u00admap aim for launch capa\u00adbi\u00adli\u00adties of up to Mach 15 and ranges of up to 10,000 kilo\u00adme\u00adters, ther\u00adeby addres\u00adsing growing demand from governments. <\/p>\n Commer\u00adcial Momen\u00adtum in a Growing Market About HyIm\u00adpulse Tech\u00adno\u00adlo\u00adgies GmbH<\/strong><\/p>\n HyIm\u00adpulse Tech\u00adno\u00adlo\u00adgies GmbH is a leading German manu\u00adfac\u00adtu\u00adrer and systems provi\u00adder of commer\u00adcial rockets for subor\u00adbi\u00adtal and orbi\u00adtal launch services. Its small-satel\u00adlite launch vehic\u00adles, featuring a unique hybrid rocket propul\u00adsion system based on oxygen and paraf\u00adfin, set new stan\u00addards in the commer\u00adcial space sector. With over 100 employees at its loca\u00adti\u00adons in Neuen\u00adstadt, Otto\u00adbrunn, and Glas\u00adgow, HyIm\u00adpulse deve\u00adlops rockets to deli\u00adver commer\u00adcial payloads effi\u00adci\u00adently, sustain\u00adably, and relia\u00adbly into low Earth orbit and beyond. \u2014 www.hyimpulse.de <\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Heil\u00adbronn \u2013 HyIm\u00adpulse Tech\u00adno\u00adlo\u00adgies GmbH (\u201cHyIm\u00adpulse\u201d), a leading Euro\u00adpean launch services company that deve\u00adlops and provi\u00addes subor\u00adbi\u00adtal and orbi\u00adtal launch capa\u00adbi\u00adli\u00adties based on proprie\u00adtary propul\u00adsion tech\u00adno\u00adlogy, announ\u00adced a Series A exten\u00adsion of its Series A finan\u00adcing tota\u00adling more than 50 million euros in equity. This mile\u00adstone reflects the strong confi\u00addence of new and exis\u00adting international [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":60940,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-60936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n
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\n The global market for commer\u00adcial launch services is projec\u00adted to reach a volume of $32 billion by 2035, with further growth oppor\u00adtu\u00adni\u00adties in subor\u00adbi\u00adtal launch services and flexi\u00adble launch solu\u00adti\u00adons. HyIm\u00adpulse is bene\u00adfiting from the growing demand for inde\u00adpen\u00addent launch capa\u00adbi\u00adli\u00adties and has an order back\u00adlog of more than 350 million euros for its subor\u00adbi\u00adtal and orbi\u00adtal programs. The funding will further acce\u00adle\u00adrate the company\u2019s commer\u00adcial expan\u00adsion and tech\u00adno\u00adlo\u00adgi\u00adcal deve\u00adlo\u00adp\u00adment. \u2014 HyIm\u00adpulse is ente\u00adring its next phase of growth with an order back\u00adlog of more than 350 million euros and a growing inter\u00adna\u00adtio\u00adnal custo\u00admer base. <\/p>\n