Impulse Space has successfully raised $300 million in a Series C funding round, spearheaded by Linse Capital and supported by prominent investors including Founders Fund and Airbus Ventures. The startup, established by former SpaceX employee Tom Mueller, specializes in developing agile spacecraft, known as space tugs, that transport satellites across various orbits. Their current offerings include the Mira, already in use for missions, and the upcoming Helios, capable of carrying heavier payloads and achieving rapid orbit transfers. This funding will accelerate production and expand their engineering team as demand surges from both commercial and defense sectors.
Impulse Space aims to rapidly transport satellites to specific orbits with its innovative spacecraft, attracting significant funding and interest from various sectors.
The Series C funding round of $300 million, led by Linse Capital, will enable Impulse Space to enhance production and expand its engineering team.
With a focus on efficiency, Helios will allow payloads to reach their targeted orbits on launch day, saving customers months of time.
Impulse Space anticipates growing demand from the defense sector, as adversaries in space like Russia and China necessitate improved asset protection capabilities.
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