HyImpulse Applied sciences, a Neuenstadt am Kocher-based supplier of hybrid propulsion techniques for satellite tv for pc transport, has raised €15 million in fairness capital as a part of its Sequence A funding spherical and secured an extra €30 million in financing in one among 2025’s largest SpaceTech rounds.
The spherical is led by Campus Founders Ventures. Different traders embody Helantic, GIMIC, the World Resilience Innovation Fund (GRIF), Mittelständische Beteiligungsgesellschaft (MBG) Baden-Württemberg, Sparkassen-Beteiligungsgesellschaft (SBG) Heilbronn-Franken, Vienna Level and BRTON.
Dr Christian Schmierer, Co-founder and CEO of HyImpulse, stated: “Europe doesn’t have its personal entry to area. With this injection of capital we’ll speed up the commercialisation of our orbital rocket, making Europe extra impartial and aggressive. Whereas suppliers akin to SpaceX supply a scheduled bus service to area, our options enable us to develop a versatile taxi service in order that our prospects can select particular person launch options and flexibly plan their schedules.”
HyImpulse’s newest Sequence A fairness spherical plus further financing positions it among the many largest European space-tech investments of 2025.
Compared, UK-based Magdrive secured €9.9 million to advance propulsion for spacecraft, whereas Spain’s Kreios House raised €8 million for its air-breathing plasma engine and Orbital Paradigm obtained €1.5 million to develop reusable re-entry capsules.
In the meantime, French startups UNIVITY and Look Up attracted €31 million and €50 million respectively for satellite tv for pc connectivity and orbital-radar monitoring.
On this context, HyImpulse’s spherical displays sustained investor curiosity in European launch and propulsion capabilities, complementing broader funding developments in satellite tv for pc infrastructure and space-traffic administration. The deal additionally indicators continued momentum for Germany’s rising personal area sector, the place hybrid propulsion applied sciences have gotten a focus for strategic funding.
Dr Schmierer provides: “We’re grateful for the belief positioned in us by Campus Founders and our different companions. Their dedication underscores the significance of our expertise for European sovereignty.“
Based in 2018, HyImpulse Applied sciences is a producer and system supplier of business rockets for suborbital and orbital launch companies. Its small satellite tv for pc launch autos with distinctive hybrid rocket propulsion utilizing oxygen and paraffin are innovating the industrial area sector. With over 65 workers at places in Neuenstadt, Ottobrunn and Glasgow, HyImpulse develops rockets to move industrial payloads effectively, sustainably and reliably into low Earth orbit and past.
HyImpulse will use the brand new capital to drive ahead the event and commercialisation of the SL1 orbital rocket and broaden its manufacturing capacities. Since its basis, the corporate has raised round €74 million in capital.
Oliver Hanisch, CEO of Campus Founders Ventures, stated: “HyImpulse has already made area historical past. With extraordinarily environment friendly use of sources, HyImpulse is the primary privately financed German area firm to develop a hybrid rocket and efficiently full a suborbital check flight. The corporate addresses a geopolitically essential market. HyImpulse is a job mannequin for a way startups can efficiently translate cutting-edge analysis and DeepTech into marketable merchandise.
“We now have been supporting the crew for greater than three years, and I’m delighted that HyImpulse is efficiently utilizing the platform we provide for startups right here in Heilbronn. With Campus Founders Ventures, now we have already invested in over 20 thrilling groups ourselves, however this funding is particular. We’re delighted to be working with HyImpulse to construct an organization that may set worldwide requirements.”
Based on the corporate, Europe doesn’t but have impartial entry to area and is extremely depending on non-European suppliers.
As per the House Financial system Report 2024, European suppliers accounted for lower than one % of all world launches in 2024. HyImpulse is working to enhance this space: The corporate’s hybrid expertise reportedly reduces the variety of elements by round 50 %, lowers prices and will increase reliability – a decisive consider establishing cost-efficient and versatile launch companies within the sub-ton payload vary.
The market is rising dynamically: in line with a McKinsey report, the worldwide enterprise with satellite-based applied sciences is anticipated to achieve a quantity of round €1.25 trillion by 2040.
HyImpulse is positioning itself early on this setting, with orders already secured within the triple-digit million vary and launch websites on a number of continents.
Prof Dr Rudolf F. Schwarz, Managing Director of IABG and Investor of HyImpulse stated: “I’m happy to see HyImpulse persevering with to make progress in growing revolutionary and cost-efficient propulsion applied sciences for launch autos, strengthening the area sector in Germany, throughout Europe, and past.”
Forward of different SpaceTech startups, HyImpulse reached a milestone in 2024 with the profitable check flight of the SR75 suborbital rocket which demonstrated the performance of a industrial paraffin-based hybrid rocket engine for the primary time.
The primary industrial launch of the SR75 with prospects will happen as early as 2026. Constructing on the exams with the SR75, HyImpulse is engaged on the three-stage SL1 orbital rocket, which is anticipated to move as much as 600 kilograms of payload into low Earth orbit beginning 2027.
