Ibadan, 4 September 2026. – Heilbronn, 4 September 2026 – German launch services company HyImpulse Technologies has raised more than €50 million in equity in a Series A extension, bringing the total it has secured in equity and public funding to more than €125 million.
The round was co-led by JOIN Capital and Ace Capital Partners. New investors include North Ventures, BW-Capital, Bayern Kapital and the German Aerospace Centre (DLR), with continued support from existing shareholders including Campus Founders Ventures.
The capital will accelerate the market ramp-up of the company’s suborbital SR75 and orbital SL1 launch platforms, including the second SR75 flight from SaxaVord Spaceport in the second half of 2026 and the maiden flight of SL1. It will also expand production capacity and support growth in tailored, flexible satellite launch services, in-space mobility, and suborbital research and defence applications.
HyImpulse enters this phase with an order book it puts at more than €350 million across its suborbital and orbital business lines, and a growing international customer base. The company expects the global commercial launch market to reach around $32 billion by 2035.
“This financing reflects our investors’ confidence in our team, our technology and our growth trajectory,” said Dr Christian Schmierer, co-founder and CEO. Europe needs launch capacity that is sovereign, flexibly available and economically viable, he said, arguing that the company’s hybrid propulsion and its combined suborbital and orbital offering leave it well placed to serve rising demand from commercial, institutional and defence customers.
Hybrid propulsion, and a second SR75 flight from Scotland
HyImpulse’s proprietary propulsion combines non-explosive paraffin fuel with liquid oxygen, which the company presents as a safer, cost-efficient and scalable alternative to conventional kerosene-based systems. Lower system complexity and fewer components, it says, allow safer and more flexible launches at competitive cost.
SR75 is already a commercial suborbital platform. Following its first flight from the Koonibba Test Range in South Australia in 2024, the vehicle is being prepared for its next launch from SaxaVord in Scotland. Separately from SR75, HyImpulse is developing a portfolio of suborbital flight systems for hypersonic and long-range profiles reaching up to Mach 15 and ranges of up to 10,000 kilometres — aimed at government agencies, research organisations and defence customers seeking hypersonic testing, threat simulation and suborbital flight services.
“Europe doesn’t just need more rockets; it needs launch economics that actually work,” said JOIN Capital founding partner Jan Borgstädt, describing a leaner architecture with roughly half the parts, substantially lower cost per kilogram of payload and considerably less capital required to reach orbital capability. “They have already proven the technology in flight.”
Shimon Tsentsiper of Ace Capital Partners said the team had hit significant milestones on limited resources, and pointed to excess demand in today’s launch market, particularly for low-cost dedicated launch services.
The company frames the round against geopolitical pressure and rising defence demand, positioning itself as a contributor to independent, resilient access to space for Europe and NATO.t and responsive launch capabilities.
