The Washington-Wayg Space has raised $ 300 million in the “Premaptive” funding round to enable the In-Space Transport Company to expand and develop electric propulsion technologies.
The Impulse Space announced on 3 June that it closed the $ 300 million series C round under the leadership of a new investor, Linse Capital. Another new investor, DFJ growth also participated in the round as well as several returning investors.
“Impulse is dealing with one of the most technically demanded challenges in aerospace with a speed and accuracy,” said in a statement about her decision to invest in impulse, managing partner Bastian Janamat of Linse Capital, which we rarely see. ” “Their vertical integrated approach, proven track records, and the ability to quickly execute them in this market gives them a real advantage.”
In a statement, a new round called “Premaptive Rise” by Aweg comes for less than a year of raising $ 150 million in the series B round by the company. The purpose of that funding was to support the company through the first flight of its Helios High-Performance Transfer Vehicle prescribed for 2026.
Eric Romeo, president and chief operational officer of the impulse space, said in an interview, “We did not plan to go out this half of the year and raise anything.” However, the company was contacted by the Linse Capital about investment.
“We manage the company relatively conservatively,” he said, tried to exclude series B funding. “We saw, if we had more money in the bank, what will we do what we do in the present?”
The impulse is planning to use funds for several initiatives. One has to score the production of its meri and helios vehicles so that better demand for them can be met. The company says it has more than 30 signed contracts for vehicles, which is a backlog of about $ 200 million.
Romeo said that the company is looking at the growing demand of small Meera of two vehicles for defense applications. This includes an agreement with Enduril, which was announced in the last October, where the company would provide its software for Meera Tugs to “Extreme Maintenance Space Mission”.
He said, “The story has become very loud and more public in the last few months from the space force around space defense and space control, which is in a lot of demands we are looking at Meera,” he said.
In the commercial market, Impulse Space announced an agreement with the satellite operator SES on 22 May, which in 2027 using Helios to transport a SES satellite from Leo to Jio, with additional mission opportunities.
Romeo said, “We were thrilled to get that SES beyond the finish line.” “They have long been embrace,” they have been embracing new technologies, such as flying the first commercial Jio satellite on Falcon 9 and later as a customer for the first reused Falcon 9.
Impulse is also monitoring possible new opportunities from NASA. This includes roles in commercial transport services for Moon and Mars that is one of the new focus areas in NASA’s financial year 2026 budget proposal released last month.
He said that Aweg has planned to increase Meera and Helios production, it has not set a target for the number of vehicles annually that they are planning to produce it. That expansion will include the current facilities of the company in Southern California along with increasing its current small appearance in Colorado.
The fund will allow the company to hire more people. Romeo said that the company now has about 225 to 250 employees, but is actively hiring. “If we are at 350 by this time next year, I think we will consider that success.”
Impulse also plans to invest in research and development, such as working on the electric propulsion system. “We are trying to expand places where we can help commercial, NASA and Defense Customers,” he said. “As we have seen those different mission sets, there are places where you know, long term, extremely high delta V missions explained.”
The impulse is only starting work on electric propulsion, and Romeo said that the company has not selected a special technical approach, besides it would be a one who is “tried and right and correct” is close to technologies. “I don’t think you will see us doing anything that looks like a science project. I think you will see us doing things that you know, tried and tried traditional engineering, but try again and do it at an extremely reliable, strong and low cost.”