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Christian Schmierer is the co-founder and CEO of HyImpulse.
HyImpulse's SL1 rocket is aiming for its first flight in 2027.
HyImpulse successfully test flew the SR75 suborbital rocket in 2024, demonstrating the functionality of a commercial paraffin-based hybrid rocket engine.
HyImpulse is developing a suborbital rocket called the SR75.
HyImpulse raised €15 million ($17.5 million) in equity capital as part of its Series A funding round.
HyImpulse is one of the best-capitalized European launch companies after Isar Aerospace and PLD Space.
HyImpulse is developing a three-stage small launcher called SL1 that uses hybrid propulsion.
HyImpulse secured an additional €30 million ($35 million) in financing.
HyImpulse, a launch startup based near Heilbronn, Germany, has secured an additional €45 million ($52.5 million) in capital.
Since its founding in 2018, HyImpulse has raised approximately €74 million ($86 million).
HyImpulse was formed in 2018.
HyImpulse is targeting a first commercial flight of the SR75 as early as next year.
HyImpulse plans to market the SL1 rocket as a 'flexible taxi service' to space.
HyImpulse will use the new capital to develop and commercialize its SL1 orbital rocket and expand its production capacities.
HyImpulse is working on the three-stage SL1 orbital rocket, designed to transport up to 600 kilograms of payload into Low-Earth Orbit (LEO), with a projected start in 2027.
HyImpulse is working on an optional space tug called HyMOVE, capable of delivering payloads into multiple orbits.
HyImpulse secured €45 million in new funding on 16 October to advance the development of its SL-1 rocket.
PLD Space and HyImpulse have each launched their respective suborbital vehicles once.
The meeting included high-ranking officials from Arianespace, Avio, The Exploration Company, HyImpulse, Isar Aerospace, MaiaSpace, Omnidea, Rocket Augsburg - RFA, Sirius Space Services, and HyPrSpace.
Domestic small-launch providers such as Rocket Factory Augsburg, Isar Aerospace, and HyImpulse are likely to receive increased support from the funding.