German space company HyImpulse Technologies has raised more than €50 million in a Series A extension funding round. The investment will help the company develop its rocket technology and expand its commercial launch services.
The round was jointly led by JOIN Capital and Ace Capital Partners. New investors, including North Ventures, BW-Capital, Bayern Kapital, and the German Aerospace Center (DLR), also joined the round. Existing investors such as Campus Founders Ventures continued to support the company.
With the latest funding, HyImpulse has now received more than €125 million in total equity and public funding.
The company develops rockets for suborbital and orbital launches, using a hybrid propulsion system powered by oxygen and paraffin. Its technology is designed to provide more affordable, reliable, and sustainable ways to send satellites and other payloads into space.
Dr. Christian Schmierer, co-founder and CEO of HyImpulse: “This financing reflects our investors’ confidence in our team, technology and commercial vision. Europe needs sovereign, responsive and economically sustainable launch capabilities. Our proprietary hybrid propulsion technology and suborbital and orbital services position us to meet growing demand across
commercial, institutional and defence markets.”
“Europe doesn’t just need more rockets; it needs launch economics that actually work,” said JOIN Capital Founding Partner Jan Borgstädt. “HyImpulse has built a fundamentally leaner rocket architecture: roughly half the parts, a path to half the cost per kilogram and far less capital required to get to orbit. They have already proven the technology in flight. That’s why we co-led this round, and why the upcoming SR75 launch matters.”
HyImpulse Technologies is a German space company that develops and builds rockets for commercial space launches.
Its rockets are designed for both suborbital and orbital missions. They use a special hybrid propulsion system powered by oxygen and paraffin.
The company has more than 100 employees working across its locations in Neuenstadt, Ottobrunn, and Glasgow.
HyImpulse aims to make space launches more efficient, reliable, and sustainable. Its rockets can carry satellites and other commercial payloads into low Earth orbit and beyond.
