ISPTech Secures €2 Million Pre-Seed Funding to Launch a New Era of Dual-Performance Space Propulsion

InSpacePropulsion Technologies GmbH (ISPTech), a pioneering spin-off of the Institute of Space Propulsion at the German Aerospace Center (DLR), is excited to announce a successful funding round of 2,000,000 euros. This remarkable investment milestone underscores the growing confidence in ISPTech’s innovative solutions and vision to redefine the future of space propulsion. By leveraging thousands of hot firing tests conducted at DLR’s state-of-the-art facilities, ISPTech has developed propulsion systems that uniquely combine the seemingly disparate worlds of low-cost operation and high reliability. This breakthrough has resulted in versatile propulsion technologies that are equally effective in serving a diverse range of spacecraft—from compact cubesats to large satellites, as well as capsules and landers. Whether it is a NewSpace player seeking efficient technological solutions, a major satellite integrator aiming for performance optimization, or an institutional organization requiring trustworthy and proven propulsion systems, ISPTech is well-positioned to offer tailor-made products for every application. The newly raised capital will be channeled into accelerating research and development, expanding the company’s production capabilities, and strengthening market outreach across global aerospace sectors. It will also empower ISPTech to further enhance its testing protocols and push the boundaries of advanced propulsion engineering. As the space industry continues to evolve rapidly, this funding injection not only fuels the company’s growth ambitions but also reinforces its commitment to bridging the gap between cost-effectiveness and reliability in space propulsion technology. With a clear roadmap for future innovation and sustained operational excellence, ISPTech is poised to become a vital contributor to the next generation of space exploration and satellite technology.