Founded in 2021 by Tom Mueller, Impulse Space’s $150 million series B investment round was led by Founders Fund.
Impulse Space, a space transportation company, has received $150 million in investment. The company’s $150 million Series B investment round was led by Founders Fund. US-based Impulse Space’s investment round includes Lux Capital, Spring Tide, DCVC, 137 Ventures, Airbus Ventures, Alumni Ventures, Balerion Space Ventures, Elysium, First Principles Group, Island Green, Overmatch, RTX Ventures, Tamarack Global and Trousdale Ventures.
The company announced that it will use the new investment to develop orbital transfer vehicles and focus on its LEO Express-2 model.
Founded in 2021 by Tom Mueller, Impulse Space develops orbit transfer vehicles (OTVs) that change the orbits of satellites. These vehicles play a critical role in ensuring that satellites reach the right locations in space so that more effective services can be provided in space.
Mira, one of the company’s most prominent products, is designed to deliver satellites to their correct positions after launch. Another product, Helios, is notable for its ability to move from low earth orbit to geosynchronous orbit in less than 24 hours.
This rapid transportation capability provides a significant competitive advantage in the space industry. The company offers solutions that allow space missions to be carried out more efficiently and economically. On the other hand, the company contributes to the realization of more missions by reducing costs and increasing access in the space industry.
