Impulse Space Raises $10M in Funding

impulse

Impulse Space, Inc., an El Segundo, Calif.-based developer of in-space transportation services for the inner solar system, raised $10m in funding.

Lux Capital led the round.

The company plans to use the funds for expansion and development.

SpaceX’s CEO Tom Mueller launched Impulse in September 2021. It is a space cargo delivery system that provides flexible, affordable last-mile space payload delivery capabilities. This includes in-space transport, orbital transport of satellites into optimal orbits, servicing in orbit, and keeping space station orbits.

Long-term, the company will focus on Geostationary Earth Orbits (GEO), lunar, and beyond to transport space resources, landers and asteroid resources, as well as propellant depots and in-space manufacturing.

They have created products for companies such as SpaceX and NASA, GE and Joe Gibbs Racing.

Get latest news from African Startup ecosystem

Latest stories

You might also like...