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Airbus Ventures Announces New Investment In Impulse Space

Aug 01, 2023over 2 years ago
Redondo BeachLogisticsTransportation

Investors

Space CapitalLux CapitalFounders FundRtx VenturesAirbus Ventures

Description

Airbus Ventures proudly announces its investment in Impulse Space, Inc. – a leader in the development of in-space transportation services for the inner solar system – which has raised $45 million in its oversubscribed Series A funding round. The round is led by RTX Ventures, with participation from Founders Fund, Lux Capital, Airbus Ventures, Space Capital, and others.

Company Information

Company

Impulse Space

Location

2651 Manhattan Beach Blvd

Redondo Beach, California, United States

About

Impulse Space, the in-space transportation company founded by Tom Mueller, 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 powerful Deneb engine, dropping off payloads in MEO, GEO, heliocentric, lunar, and other planetary orbits. Led by a team that delivered the most reliable rockets in history, Impulse provides economical and efficient in-space transportation by reliably and rapidly getting customers where they want to go.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers