Raised €5.5M to advance deployment of non-toxic propulsion technologies. Round was led by an unnamed lead investor with participation from listed investors. ISPTech is preparing customer missions including a first small-satellite mission scheduled for launch in 2026; HIP_11 and refuelling development supported by ESA-backed projects.
About ISPTech
Space technology company developing satellite propulsion systems for agile orbital maneuvers and greener propellants.
Stuttgart, Germany
Read Company ProfileFrequently Asked Questions
What type of funding round did ISPTech raise?
ISPTech raised a seed round.
How much did ISPTech raise in its seed?
ISPTech raised $5,500,000 EUR in its seed.
Who invested in ISPTech's seed?
The investors in ISPTech's seed are: High-Tech Gründerfonds (HTGF), Faber, First Momentum Ventures, Lightfield Equity, Final Frontier Liftoff, German Aerospace Center (DLR), Start-up BW Seed Fonds.
What type of investment was ISPTech's seed?
ISPTech's seed was a equity investment.
How will ISPTech use the funds from its seed?
ISPTech plans to use the funds for: expand manufacturing capacity, testing of critical infrastructure, accelerate commercial deployment.