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flag HyImpulse raises €45M to develop its SL1 rocket for 2027 orbital launches, aiming for cost-efficient, independent European space access.

flag HyImpulse Technologies has raised €45 million in new funding—€15 million in equity and €30 million in public financing—to advance its SL1 orbital rocket and expand production. flag The German company, which achieved a successful 2024 suborbital test flight of its SR75 rocket, plans its first SL1 orbital launch in 2027, aiming to deliver up to 600 kg to low Earth orbit. flag Its paraffin-based hybrid propulsion system, designed to reduce costs and component count by 50%, supports Europe’s goal of independent space access. flag The company has secured a growing backlog of launch contracts and is developing launch sites across multiple continents, including Saxavord Spaceport in Shetland. flag With €74 million raised since 2018, HyImpulse is positioning itself to compete in a global satellite market projected to reach €1.25 trillion by 2040.

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