ISPTech (Pre-Seed)
Funding Details
Awarder
Inbox
Date Award
July 2, 2024
Vertical
Spacetech
Funding Amount
$2,000,000
Company Info
Founding Year
2023
Founders
Lukas Werling, Felix Lauck
Market
Space
Location
Germany
Coinvestors
HTGF, First Momentum Ventures, Possible Ventures
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.

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