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CNES preselected Avio, HyImpulse, Isar Aerospace, MaiaSpace, PLD Space, Rocket Factory Augsburg, and Latitude in July 2022 for allocation at the ELM facility.
HyImpulse secured €45 million in funding in 2025, raising its total capital to approximately €74 million.
HyImpulse has secured orders in the triple-digit million range and launch sites on several continents.
HyImpulse successfully test flew the SR75 suborbital rocket in 2024, demonstrating the functionality of a commercial, paraffin-based, hybrid rocket engine for the first time.
HyImpulse Technologies GmbH raised €15 million in equity capital as part of its Series A funding round and secured an additional €30 million in financing.
HyImpulse achieved a technological breakthrough in 2024 with the successful test flight of its SR75 suborbital rocket.
HyImpulse raised 15 million euros in a Series A equity round led by Campus Founders Ventures and an additional 30 million euros in public financing.
The SR75 test flight is considered a technological breakthrough and proof of concept for HyImpulse.
HyImpulse plans to launch its three-stage SL1 rocket in 2027, capable of carrying up to 600 kilograms to low Earth orbit.
HyImpulse plans to conduct its first commercial SR75 customer flight in 2026.
HyImpulse's hybrid technology reduces the number of components by around 50 percent, lowers costs, and increases reliability.
Since its establishment in 2018, HyImpulse has raised approximately 74 million euros in total.
HyImpulse is working on the three-stage SL1 orbital rocket, expected to transport as much as 600 kilograms of payload into low Earth orbit starting in 2027.
HyImpulse develops the SL1 orbital rocket based on hybrid technology.
HyImpulse has a backlog of launch contracts in the triple-digit million range and plans launch sites on several continents.
Since its foundation in 2018, HyImpulse has raised around €74 million in capital.
HyImpulse will use the new capital to advance the development and commercialization of the SL1 orbital rocket and to expand its production capacities.
HyImpulse's hybrid technology reduces component count by approximately 50 percent, cuts costs, and boosts reliability.
HyImpulse contributes to Europe’s access to space by enhancing the continent's independence, sustainability, and competitiveness.
HyImpulse will use the new capital to develop and commercialize its SL1 orbital rocket and expand its production capacities.