Impulse Space raises $45 million in Series A funding

Author: EIS Release Date: Aug 3, 2023

Impulse Space – a Californian startup in space transportation services – has raised $45 million in a Series A funding round.

 

Impulse Space raises $45 million in Series A funding

 

The round – led by RTX Ventures – was oversubscribed, says the company, and the investment will be used for the development of Helios, Impulse’s largest vehicle. The Helios kick stage enables direct to Geostationary Equatorial Orbit missions, which means bypassing the need for a Geostationary Transfer Orbit, it highlights.

 

It also will be continuing its work in upcoming missions, such as LEO Express-1, a GEO refueling mission, and an upcoming mission to Mars.

 

 

Based in Redondo Beach, California, the the company was founded in 2021. Its current Low Earth Orbit (LEO) focus includes in-space transportation to custom orbits, in-space payload hosting and space asset repositioning services, which includes deorbiting.

 

 

 

Longer-term, Impulse says it will offer services for all classes of payloads to more distant destinations, such as Geostationary Equatorial Orbit (GEO), the Moon, and Mars.

 

“With the support from RTX Ventures, Impulse Space continues on the path toward its mission to provide agile, economic logistics services in any orbit,” said Impulse Space Founder and CEO Tom Mueller, pictured, who was a founding employee of SpaceX. “It speaks volumes that a leading investment firm is confident in the future of Impulse Space and its trailblazing technology.”

 

In June, Vast selected Impulse Space to provide its Haven-1 Space Station propulsion system. Haven-1 is scheduled to launch on a SpaceX Falcon 9 rocket to LEO in August 2025 and become the world’s first commercial space station.