Impulse Space raises $500 million as orbital maneuvering race heats up
Summary
Impulse Space, a company that specializes in moving spacecraft in orbit, raised $500 million in new funding. The company plans to use this money to grow and develop new space vehicles, including a lander that can carry 1 to 2 tons to the Moon, supporting NASA's upcoming Moon Base project.Key Facts
- Impulse Space was founded five years ago by SpaceX veteran Tom Mueller.
- The company has raised more than $1 billion in total funding, including $500 million in the latest round.
- Impulse Space’s spacecraft Mira, launched in 2023, uses a non-toxic propulsion system with nitrous oxide and ethane.
- The company has strong demand from commercial customers and interest from the US Space Force and NASA.
- Their new Helios kick stage helps move payloads from low Earth orbit to geostationary orbit and beyond.
- Impulse Space is developing a new lunar lander that, combined with Helios, can deliver 1 to 2 tons to the Moon.
- This capability supports NASA’s Phase 2 Moon Base plans, which aim to deliver larger equipment to the Moon starting in 2029.
- Impulse Space is based in Redondo Beach, California, has over 500 employees, and is hiring more to meet demand.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.