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Arstechnica

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Image Credit: Arstechnica

An in-space propulsion company just raised a staggering amount of money

  • In-space propulsion company, Impulse Space, raised $300 million in funding, following a $150 million fundraising round last year.
  • This is one of the largest capital raises in the space industry, particularly for a non-launch company.
  • The demand for Impulse's efficient in-space vehicles is high, prompting the company to scale up operations with the new funds.
  • The funding will enable Impulse to invest in electric propulsion and expand its offerings for long-term growth.

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