Latest news with #ImpulseSpace
Yahoo
9 hours ago
- Business
- Yahoo
Former SpaceX Engineer's Impulse Space raises $300 million to expand space tug fleet
-Impulse Space, a space technology startup developing orbital transfer vehicles commonly known as "space tugs," has raised $300 million in a late-stage funding round led by Linse Capital, bringing the company's total funding to $525 million. Led by Tom Mueller, a founding employee at Elon Musk's SpaceX, Impulse Space is creating spacecraft designed to transport satellites between different orbital positions to meet growing demand for orbital logistics services. WHY IT'S IMPORTANT As SpaceX's Starship and Blue Origin's New Glenn approach operational status, industry experts anticipate a surge in rideshare missions. These launches place multiple satellites on single rockets, often requiring space tugs to deliver them to precise orbits. CONTEXT The funding positions Impulse Space to address increasing demand for in-space mobility across commercial, civil, and defense sectors seeking faster, cost-effective orbital transport solutions. In-space mobility has become essential for satellite deployment, Earth observation support, and deep space exploration. Space tugs offer satellite operators a cost-effective way to reach specific orbits without requiring customized launches. BY THE NUMBERS Impulse has signed more than 30 commercial and government contracts valued at nearly $200 million and is seeing more interest from across sectors. The company has completed two missions completed using Mira, Impulse's high-thrust space vehicle. The startup did not disclose the valuation of its funding round and did not immediately respond to a Reuters request for the information. WHAT'S NEXT Impulse plans to expand its workforce, accelerate research and development for long-duration missions, and scale production of its Mira and Helios space vehicles to meet increasing customer demand.
Yahoo
9 hours ago
- Business
- Yahoo
Former SpaceX Engineer's Impulse Space raises $300 million to expand space tug fleet
-Impulse Space, a space technology startup developing orbital transfer vehicles commonly known as "space tugs," has raised $300 million in a late-stage funding round led by Linse Capital, bringing the company's total funding to $525 million. Led by Tom Mueller, a founding employee at Elon Musk's SpaceX, Impulse Space is creating spacecraft designed to transport satellites between different orbital positions to meet growing demand for orbital logistics services. WHY IT'S IMPORTANT As SpaceX's Starship and Blue Origin's New Glenn approach operational status, industry experts anticipate a surge in rideshare missions. These launches place multiple satellites on single rockets, often requiring space tugs to deliver them to precise orbits. CONTEXT The funding positions Impulse Space to address increasing demand for in-space mobility across commercial, civil, and defense sectors seeking faster, cost-effective orbital transport solutions. In-space mobility has become essential for satellite deployment, Earth observation support, and deep space exploration. Space tugs offer satellite operators a cost-effective way to reach specific orbits without requiring customized launches. BY THE NUMBERS Impulse has signed more than 30 commercial and government contracts valued at nearly $200 million and is seeing more interest from across sectors. The company has completed two missions completed using Mira, Impulse's high-thrust space vehicle. The startup did not disclose the valuation of its funding round and did not immediately respond to a Reuters request for the information. WHAT'S NEXT Impulse plans to expand its workforce, accelerate research and development for long-duration missions, and scale production of its Mira and Helios space vehicles to meet increasing customer demand.
Reuters
9 hours ago
- Business
- Reuters
Former SpaceX Engineer's Impulse Space raises $300 million to expand space tug fleet
June 3 - Impulse Space, a space technology startup developing orbital transfer vehicles commonly known as "space tugs," has raised $300 million in a late-stage funding round led by Linse Capital, bringing the company's total funding to $525 million. Led by Tom Mueller, a founding employee at Elon Musk's SpaceX, Impulse Space is creating spacecraft designed to transport satellites between different orbital positions to meet growing demand for orbital logistics services. As SpaceX's Starship and Blue Origin's New Glenn approach operational status, industry experts anticipate a surge in rideshare missions. These launches place multiple satellites on single rockets, often requiring space tugs to deliver them to precise orbits. The funding positions Impulse Space to address increasing demand for in-space mobility across commercial, civil, and defense sectors seeking faster, cost-effective orbital transport solutions. In-space mobility has become essential for satellite deployment, Earth observation support, and deep space exploration. Space tugs offer satellite operators a cost-effective way to reach specific orbits without requiring customized launches. Impulse has signed more than 30 commercial and government contracts valued at nearly $200 million and is seeing more interest from across sectors. The company has completed two missions completed using Mira, Impulse's high-thrust space vehicle. The startup did not disclose the valuation of its funding round and did not immediately respond to a Reuters request for the information. Impulse plans to expand its workforce, accelerate research and development for long-duration missions, and scale production of its Mira and Helios space vehicles to meet increasing customer demand.
Bloomberg
11 hours ago
- Business
- Bloomberg
Former Key SpaceX Engineer's Impulse Space Raises $300 Million
Industries Space By Save Impulse Space raised $300 million in its latest funding round as the US-based startup looks to cash in on demand for its highly agile spacecraft. Led by Tom Mueller, a founding member and employee No. 1 at Elon Musk's SpaceX, Impulse Space develops spacecraft that can haul satellites across different orbits – known as 'space tugs' in the industry.
Broadcast Pro
26-05-2025
- Business
- Broadcast Pro
SES signs multi-launch agreement with Impulse Space
Selected missions will lift off aboard a medium-class rocket to LEO, where Impulses high-energy Helios kick stage will then carry each SES satellite to higher orbits within hours. Impulse Space, a leader in in-space mobility, has signed a multi-launch agreement with satellite operator SES to utilise its Helios kick stage system to reduce the time required for SES satellites to reach their final orbital destinations. The partnership will enable SES to move its payloads directly from Low Earth Orbit (LEO) to high-energy orbits, such as Geostationary Orbit (GEO) or Medium Earth Orbit (MEO), within hours rather than months. The first mission under this agreement is slated for 2027 and will see a 4-ton-class SES satellite launched via a medium-lift rocket into LEO before being swiftly transferred by Helios to GEO in under eight hours. This mission will mark the first commercial deployment dedicated solely to Helios, showcasing its full performance capabilities. The deal also leaves room for additional missions, allowing SES greater flexibility and speed in deploying satellites on demand. Traditionally, satellite operators targeting MEO or GEO have been limited to either costly and scarce heavy-lift rockets or extended, slow transfers using electric propulsion systems. Helios presents a new optionusing chemical propulsion to transport satellites directly and rapidly to their target orbits, transforming the traditional satellite deployment model. Commenting on the launch agreement, Adel Al-Saleh, CEO of SES, said: 'At SES, we are firm believers that co-development and collaboration with our partners will help the space industry to evolve and quicken the pace of innovation. Today, were not only partnering with Impulse to bring our satellites faster to orbit, but this will also allow us to extend their lifetime and accelerate service delivery to our customers. Were proud to become Helios first dedicated commercial mission.' Helios responsive capabilities and powerful engine enable mission operators to designand pricesatellites based on their specific operational orbit. This paradigm shift can simplify mission planning and decrease satellite mass, resulting in lower overall mission costs, while improving operational timelines. Tom Mueller, founder and CEO of Impulse Space, added: 'We believe MEO and GEO play a critical role in the space economy, but operators today face the challenges of slow, expensive, and inflexible access to these essential orbits. Helios changes thatits built to move large payloads to high-energy orbits quickly and reliably. SES has a long history of embracing innovation and pushing our industry forward, and were proud theyve chosen Helios to support the next phase of their deployment strategy.' This marks the first commercial contract for a dedicated Helios missionwhere a single, 4-ton-class payload will fully leverage the vehicles performance capabilities for direct transport to GEO.
