Funding Details
- Awarder
- Inbox
- Date Award
- July 02, 2024
- Vertical
- Spacetech
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2023
- Founders
- Lukas Werling, Felix Lauck
- Company Description
- ISPTech, also known as InSpacePropulsion Technologies GmbH, is a Germany-based company specializing in developing innovative propulsion systems for spacecraft. Founded as a spin-off from the German Aerospace Center (DLR) in 2023, ISPTech focuses on creating propulsion solutions based on non-toxic, green propellants. Their technology aims to reduce costs, simplify operations, and offer superior performance compared to existing solutions in the market.
- Market
- Space
- Location
-
Germany
- Coinvestors
- HTGF, First Momentum Ventures, Possible Ventures
Links