Overview

• The financing totals €45 million, including €15 million in venture capital and €30 million in European institutional grants, lifting cumulative funding to about €74 million.
• Campus Founders Ventures led the round, the venture arm linked to Lidl owner Dieter Schwarz.
• HyImpulse plans a commercial SR75 flight in 2026 and is aiming for an orbital SL1 launch in 2027, a schedule the CEO describes as highly ambitious but achievable.
• Its hybrid engines pair liquid oxygen with paraffin to simplify hardware and lower explosion risk, though the approach demands more propellant and adds weight.
• The company is vying with Isar Aerospace and Rocket Factory Augsburg as Europe seeks greater launch autonomy after only three European launches in 2024.