Impulse Space, a Redondo Beach, CA-based innovator in the development of in-space transportation services, raised $150M in Series B funding.
The round, which brought the total amount to $225M, was led by Founders Fund and included participation from Lux Capital and Spring Tide, DCVC, Airbus Ventures, Alumni Ventures, Balerion Space Ventures, RTX Ventures, Tamarack Global, 137 Ventures, Elysium, First Principles Group, Island Green, Overmatch, and Trousdale Ventures.
The company intends to use the funds to further grow its team and to support the ongoing production of both the Helios and Mira vehicles.
Led by CEO Tom Mueller, Impulse Space is an in-space transportation company that is opening access beyond Low Earth Orbit (LEO) with its fleet of in-space transportation vehicles. The flight-proven Mira vehicle uses a nontoxic, high-impulse chemical propulsion system to offer orbital transport, constellation deployment, and precision reentry services to customers from LEO to GEO. The high-energy Helios vehicle unlocks orbits beyond LEO with its Deneb engine, dropping off payloads in MEO, GEO, heliocentric, lunar, and other planetary orbits.
Operations are based out of its 60,000-square-foot headquarters in Redondo Beach, Calif., where the company handles the majority of vehicle design, manufacturing, testing, and assembly under one roof. It also operates facilities at the Mojave Air and Space Port, where additional testing work is underway for the Helios Deneb engine.
FinSMEs
01/10/2024