Impulse Space, a company operating in the field of space transportation, has secured a $150 million investment. The company’s Series B funding round raised $150 million and was led by Founders Fund. This investment round saw participation from various investors including Lux Capital, Spring Tide, DCVC, 137 Ventures, Airbus Ventures, Alumni Ventures, Balerion Space Ventures, Elysium, First Principles Group, Island Green, Overmatch, RTX Ventures, Tamarack Global, and Trousdale Ventures.
The company announced that it will use the newly acquired funding to develop orbital transfer vehicles and to focus on its in-house developed LEO Express-2 model.
Founded in 2021 by Tom Mueller, Impulse Space is developing orbital transfer vehicles (OTVs) that change the orbits of satellites. These vehicles play a critical role in ensuring that satellites reach their intended positions in space, enabling more effective services in the cosmos.
One of the company’s standout products, Mira, is designed to ensure satellites reach their correct positions after launch. Another product, Helios, is notable for its ability to transfer satellites from low Earth orbit to geosynchronous orbit in less than 24 hours.
This rapid transfer capability provides a significant competitive advantage in the space industry. The company offers solutions that enable space missions to be carried out more efficiently and economically. Additionally, Impulse Space contributes to lowering costs and increasing access in the space industry, thereby facilitating more missions.
Source
Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
