HyImpulse raises €50M+ to turn paraffin rockets into a launch business
The University of Stuttgart-trained founders will finance preparations for a second SR75 flight, expand production and push their three-stage SL1 vehicle toward orbit.
By RuntimeWire Staff · Published
Primary source: Tech.eu
Why it matters
HyImpulse is racing to convert university rocket research into European launch capacity while rivals collect nine-figure ESA contracts. The round buys time to prove SR75 and reach orbit with SL1.
Christian Schmierer and his three co-founders have raised more than EUR 50 million for HyImpulse, giving the German rocket builder fresh capital to move from a single suborbital demonstration toward commercial launches and an orbital vehicle.…