Tag: Satellite Propulsion
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Dawn Aerospace Raises $25 Million to Accelerate Spaceplane and In-Orbit Refueling Programs
Dawn Aerospace has secured $25 million in Series B funding at a post-money valuation of $195 million, providing fresh capital to accelerate development of its Aurora spaceplane and advance plans for in-orbit satellite refueling services. The New Zealand-Dutch space transportation company said the funding round was led by Balerion Space Ventures, with participation from investors…
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Juno Propulsion Raises $1.4 Million to Advance Rotating Detonation Engine for Spaceflight Demonstration
Juno Propulsion has secured $1.4 million in pre-seed funding to support the development of its first flight-ready rotating detonation engine (RDE), known as Project Iris, ahead of a planned in-orbit demonstration mission in 2027. The investment round was led by SOSV, with participation from Hypernova, Leslie Ventures, Activate, Collab Fund, Safar Partners, and Cape Fear…
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Reflex Aerospace Selects Arkadia Space Propulsion System for 2027 Satellite Mission
German satellite manufacturer Reflex Aerospace has selected Spanish startup Arkadia Space to provide the propulsion system for a commercial satellite mission scheduled to launch in 2027, marking the first time Reflex will deploy a chemical-propulsion system on one of its spacecraft. Under the agreement, Reflex’s 200-kilogram satellite will use Arkadia Space’s Triton 5N monopropellant engine…
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Bellatrix Aerospace Raises $20 Million to Scale Satellite Propulsion Production
Bellatrix Aerospace has raised $20 million in a pre-Series B funding round led by Cactus Partners, as the company looks to expand production of its satellite propulsion systems. The Bengaluru-based firm said the new capital will be used to increase manufacturing capacity in response to growing demand from satellite constellations in India and international markets.…
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Arkadia Space Secures €14.5 Million EU Funding to Advance Green Satellite Propulsion
Arkadia Space has secured €14.5 million in funding from the European Innovation Council Accelerator programme, as it works to commercialise a more environmentally friendly satellite propulsion system. The funding package includes a €2.5 million grant, €6 million in equity investment from the EIC Fund, and approximately €6 million from private investors. The support underscores the…
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ISPTech Raises €5.5 Million Seed Round to Develop Non-Toxic Spacecraft Thrusters
German propulsion startup ISPTech has raised €5.5 million in a seed funding round to expand development and production of spacecraft propulsion systems that use non-toxic fuels. The company said the new capital will help increase its workforce, build an in-house propulsion testing facility and scale production of its propulsion systems from several units annually to…
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Morpheus Space Secures $15 Million to Scale Satellite Propulsion Production
German space technology company Morpheus Space has raised $15 million in new funding to expand production of its in-space electric propulsion systems, as demand grows for maneuverable satellites in increasingly crowded orbits. The investment, announced Thursday, comes from Alpine Space Ventures, the European Investment Fund and other backers. Morpheus Space said the funds will be…