Impulse Space plans to provide GEO rideshare missions using its Helios tug. Credit: Impulse Space
WASHINGTON — Impulse Space has raised $500 million to expand production of orbital transfer vehicles and other spacecraft to support growing commercial and government demand.
The company announced June 2 it closed a Series D round led by 137 Ventures and BANNER VC. Impulse Space did not disclose the company’s valuation but noted it has now raised more than $1 billion, including a $300 million Series C round one year ago.
The company said the funds will allow it to scale up production of vehicles like Mira, a maneuverable spacecraft that can deploy satellites and host payloads, and Helios, a high-energy kick stage under development to quickly move spacecraft from low Earth orbit to geostationary orbit and beyond.
“As activity in orbit increases, in-space mobility becomes foundational,” said Adam Ramada, managing partner at BANNER VC, in a statement. “Impulse is building the infrastructure that enables the next layer of growth for the space economy.”
