Airbus Ventures Backs Impulse Space in Major Funding Round
Airbus Ventures Invests in Impulse Space’s Series B Funding
Airbus Ventures has announced its continued commitment to innovation by investing in Impulse Space, a promising leader in the field of in-space transportation services. This substantial investment comes in the form of a $150 million Series B funding round. This investment, which significantly adds to Impulse's previous funding, aims to enhance the company’s operations in developing their Helios and Mira vehicles.
Milestones in Development
Impulse Space, powered by a solid vision for revolutionizing in-space transportation, has achieved notable milestones in recent months. With this funding, they increase their total capital raised to $225 million. Tom Mueller, founder and CEO, expressed pride in these accomplishments, highlighting the crucial role of their partners in supporting their ambitious vision for the industry.
Advancements in Space Transportation
This year has been pivotal for Impulse, marked by several significant achievements. The company recently received recognition from SpaceWERX with a Strategic Funding Increase (STRATFI) award and has secured multiple Small Business Innovation Research Program (SBIR) awards. Furthermore, they launched a new GEO Rideshare Program and completed the successful LEO Express-1 mission, with plans for the upcoming LEO Express-2. This mission will enhance their capacity to provide deployment and hosting services for various customers.
Operational Excellence
Impulse Space operates from its extensive headquarters that spans 60,000 square feet, where they manage the design, testing, manufacturing, and assembly processes seamlessly. Additional facilities at the Mojave Air and Space Port enable testing of their Helios Deneb engine, reinforcing the efficiency and innovation driving their operations.
Innovative Vehicle Design
The Helios and Mira vehicles are distinguished by their innovative designs, featuring mainly in-house components. This integrated approach fosters greater reliability and allows for improved innovation while keeping projects on time and on budget. The chemical propulsion systems used in these vehicles are non-toxic, which simplifies their operational processes. Helios, designed as a high-performance kick stage, can transport over 5 tons of payload in less than 24 hours, while Mira provides essential services like payload hosting and movement throughout orbits with impressive delta-v capabilities.
Leadership and Future Direction
Thomas d’Halluin, Managing Partner at Airbus Ventures, acknowledged the leadership of Tom Mueller and Eric in navigating Impulse Space through this significant growth chapter. Their ability to execute innovative strategies showcases their commitment to enhancing Earth's orbital environment.
Looking Ahead
With the new funding, Impulse Space intends to expand its workforce, which currently consists of over 140 employees. Their roadmap includes the launch of the upgraded Mira vehicle in late 2025 and the inaugural Helios mission slated for 2026. These upcoming missions reflect Impulse's dedication to advancing in-space transportation services and meeting the evolving needs of the industry.
Frequently Asked Questions
What was the amount raised in Impulse Space's Series B funding?
Impulse Space raised $150 million in its Series B funding round.
What are the names of the vehicles developed by Impulse Space?
Impulse Space is developing the Helios and Mira vehicles for in-space transportation.
How does Impulse Space differentiate its vehicles from others in the market?
Impulse Space features predominantly in-house components and offers high delta-v capabilities with non-toxic propellants.
What future projects does Impulse Space have planned?
Impulse Space plans to launch the upgraded Mira vehicle in late 2025 and the Helios mission in 2026.
Who are key leaders at Impulse Space?
Tom Mueller, the founder and CEO, leads Impulse Space, supported by Managing Partner of Airbus Ventures, Thomas d’Halluin.
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