Impulse Space, Inc. recently secured $45 million in the company’s Series A funding round, led by RTX Ventures, the venture capital arm of RTX (NYSE: RTX).
With an oversubscribed funding round, Impulse Space will be continuing its progress with its work in upcoming missions, such as LEO Express-1, a GEO refueling mission, and the upcoming mission to Mars. Specifically, this funding will support the development of Impulse’s largest vehicle — Helios. The Helios kick stage enables direct to Geostationary Equatorial Orbit missions, thus bypassing the need for a Geostationary Transfer Orbit.
The Series A funding round also included other participant investors, such as Founders Fund, Lux Capital, Airbus Ventures and Space Capital.
“With the support from RTX Ventures, Impulse Space continues on the path toward its mission to provide agile, economic logistics services in any orbit. It speaks volumes that a leading investment firm is confident in the future of Impulse Space and its trailblazing technology.” — Tom Mueller, Founder and Chief Executive Officer, Impulse Space
“RTX Ventures invests in companies that we believe provide breakthrough technologies that disrupt aerospace, defense and commercial aviation sectors. Our investment will help Impulse Space accelerate their growth and fuel innovation within the space economy.” — Daniel Ateya, President and Managing Director, RTX Ventures