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German Space Tech Rocket Factory Augsburg Secures €30M Investment For Its Microlauncher

Aug 08, 2023over 2 years ago

Amount Raised

€30 Million

Augsburg

Investors

Kkr

Description

In a significant move that underscores the rising demand for access to space, German space tech Rocket Factory Augsburg AG (RFA), a cost-effective and flexible launch service provider, has announced a successful €30 million investment from KKR, a prominent global investment firm that has previously invested in GetYourGuide. This strategic investment will further empower RFA to improve space access and remove cost and logistical barriers for its customers.

Company Information

Company

Rocket Factory Augsburg

Location

Augsburg, Bavaria, Germany

About

Rocket Factory Augsburg (RFA) was founded with the vision to enable business in space to better understand, connect and protect our planet Earth. Our first launch system, RFA ONE, features high efficiency staged combustion rocket engines and offers up to 1,300kg performance to SSO. Thanks to its Redshift OTV and access to a global portfolio of spaceports, RFA ONE provides unrivalled affordability and agility for all orbits including deployment of satellite constellations in LEO as well as launch services to MEO, HEO, GTO, GEO and even cislunar domain. https://linktr.ee/rocketfactory RFA is part of the OHB Group with headquarter in Augsburg. With our experienced core team, we are focusing on low cost launch technology within an automotive manufacturing environment. We are constantly growing and with a little more than four years into full operations we're at over 220 employees. If you are interested in joining the up and coming space program, then apply to us.

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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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech