Author: Jane Edwards|| Date Published: July 25, 2023
Impulse Space has raised $45 million in a round of Series A financing led by the venture capital arm of aerospace and defense contractor RTX (NYSE: RTX)
The startup company said Monday it will use the money from the oversubscribed round to further develop Helios, its largest space vehicle designed to bring payloads directly to the geostationary equatorial orbit.
California-based Impulse Space also plans to advance its work on the GEO refueling mission, dubbed LEO Express-1, and its upcoming mission to Mars.
“Our investment will help Impulse Space accelerate its growth and fuel innovation within the space economy,” said Daniel Ateya, president and managing director at RTX Ventures.
Other investors that took part in the funding round are Founders Fund, Space Capital, Lux Capital and Airbus Ventures.
The Defense Health Agency awarded a combined $8.07 billion in contracts to Humana Government Business, Evernorth Federal Services and Ipsos Public Affairs…
The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…
The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…
