- Series A Extension reflects strong investor conviction and cements HyImpulse’s position as a leading player in Europe’s launch and space transportation ecosystem.
- HyImpulse enters its next growth phase with an order book of more than €350 million and a growing international customer base.
- Funding will accelerate commercialization of the suborbital SR75 and orbital SL1 launch platforms, including the upcoming second SR75 launch and SL1’s maiden flight.
- Geopolitical tensions and a growing demand in the defense sector are accelerating demand for sovereign launch capabilities, with HyImpulse strengthening Europe’s and NATO’s independent, resilient access to space.
Heilbronn, Germany, 2 September 2026 – HyImpulse Technologies GmbH (“HyImpulse”), a leading European launch services company developing and providing suborbital and orbital launch capabilities based on a proprietary propulsion technology, today announced a Series A Extension financing of more than €50 million in equity. This milestone reflects strong confidence from new and existing international investors in the company’s technology, commercial progress and long-term vision to strengthen Europe’s sovereign access to space.
The round was co-led by JOIN Capital and Ace Capital Partners, with participation from new investors, including North Ventures, BW-Capital, Bayern Kapital and the German Aerospace Center (DLR), alongside continued support from existing shareholders including Campus Founders Ventures. It brings the company’s total equity and public funding to more than €125 million.
The funding will accelerate development and commercialization of HyImpulse’s launch services portfolio, including the second SR75 launch from SaxaVord Spaceport by the end of 2026 and the maiden flight of its launch vehicle SL1, expand production capabilities and scale commercial operations across Europe and beyond. It will also strengthen the company’s position in key growth markets, including dedicated and responsive satellite launch services, in-space mobility, and suborbital research and defence applications.
Dr. Christian Schmierer, co-founder and CEO of HyImpulse: “This financing reflects our investors’ confidence in our team, technology and commercial vision. Europe needs sovereign, responsive and economically sustainable launch capabilities. Our proprietary hybrid propulsion technology and suborbital and orbital services position us to meet growing demand across commercial, institutional and defence markets.”
“Europe doesn’t just need more rockets; it needs launch economics that actually work,” said JOIN Capital Founding Partner Jan Borgstädt. “HyImpulse has built a fundamentally leaner rocket architecture: roughly half the parts, a path to half the cost per kilogram and far less capital required to get to orbit. They have already proven the technology in flight. That’s why we co-led this round, and why the upcoming SR75 launch matters.”
Shimon Tsentsiper from ACE Capital Partners stated: “We were highly impressed by how the team around Dr. Christian Schmierer has achieved critical milestones with limited resources. Today’s space launch market suffers from significant over-demand, especially for affordable, dedicated launches – and HyImpulse offers a groundbreaking solution to this bottleneck. We are proud to join their investor circle and support them becoming a category leader.”
Building Europe’s independent access to space and suborbital hypersonic capabilities
Access to space is increasingly critical Europe’s economic competitiveness, technological sovereignty and security. HyImpulse’s proprietary hybrid propulsion technology combines non explosive paraffin fuel with liquid oxygen, offering a safe, cost-efficient and scalable alternative to conventional kerosene-based systems. Its lower system complexity and reduced component count enable safer, more responsive launch operations and competitive launch economics, supporting affordable and sovereign access to space.
HyImpulse already operates a commercial suborbital platform, the suborbital launcher SR75. Following its inaugural flight campaign at the Koonibba Test Range in South Australia in 2024, the company is preparing its next SR75 launch from SaxaVord Spaceport in Scotland. HyImpulse’s SR75 and its broader suborbital roadmap targets offer launch capabilities of up to Mach 15 and ranges of up to 10,000 kilometres, addressing growing demand from government agencies, research organizations and defence customers for hypersonic testing, threat simulation, and suborbital flight services.
Commercial momentum in a growing market
The global market for commercial launch services is expected to reach $32 billion by 2035, with further growth opportunities in suborbital launch services and responsive launch solutions. HyImpulse is capitalizing on growing demand for independent launch capabilities, with an order book of more than €350 million across its suborbital and orbital programs. The financing will further accelerate the company’s commercial expansion and continued technological
development.
Contacts for media inquiries:
Sebastian Czerniejewski | hyimpulse@kekstcnc.com | +49 174 6439306
Torben Gosau | hyimpulse@kekstcnc.com | +49 160 969 435 17
About HyImpulse
HyImpulse Technologies GmbH is a leading German manufacturer and system provider of commercial rockets for suborbital and orbital launch services. Its small satellite launch vehicles with unique hybrid rocket propulsion using oxygen and paraffin set standards in the commercial space sector. With over 100 employees at locations in Neuenstadt, Ottobrunn and Glasgow, HyImpulse develops rockets to transport commercial payloads efficiently, sustainably and reliably into low Earth orbit and beyond.