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InSpacePropulsion Technologies (ISPTech) develops green in-space propulsion systems for satellites. Offerings include HyNOx, a non-toxic system for CubeSats and SmallSats, and HIP_11, a high-performance, low-toxicity hypergolic propellant for larger spacecraft. ISPTech prioritizes cost-effectiveness, robustness, and rapid delivery through non-toxic propellants, standard components, and advanced manufacturing.
ISPTech was founded by CEO Dr.-Ing. Lukas Werling and CTO Dr.-Ing. Felix Lauck, both deriving expertise from DLR Institute of Space Propulsion. Dr. Werling focused on non-toxic rocket propulsion. Dr. Lauck's DLR PhD research developed HIP_11, forming the insight for sustainable space propulsion.
ISPTech's systems facilitate orbital maneuvers and deep-space missions. Clients include ATMOS Space Cargo, and HyNOx thrusters will power BINAR’s Prospector Mission to the Moon. The Exploration Company licensed HIP_11. ISPTech aims to foster a safer, more reliable, and sustainable future for space transportation.
InSpacePropulsion Technologies has raised $8.5M across 2 funding rounds.
InSpacePropulsion Technologies has raised $8.5M in total across 2 funding rounds.
InSpacePropulsion Technologies has raised $8.5M across 2 funding rounds. Most recently, it raised $6.5M Seed in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 27, 2026 | $6.5M Seed | Julia Flaig | Faber Ventures, Final Frontier, First Momentum Ventures, German Aerospace Centre, High Tech Grunderfonds, Lightfield Equity, Seedfonds Baden Wurttemberg | Announced |
| Jul 1, 2024 | $2M Seed | Koen Geurts | General Catalyst, Picus Capital, Point Nine Capital, Hanno Renner, Michael WAX, Maximilian Ochs, Christoph Baumeister | Announced |
InSpacePropulsion Technologies has raised $8.5M in total across 2 funding rounds.
InSpacePropulsion Technologies's investors include Julia Flaig, Faber Ventures, Final Frontier, First Momentum Ventures, German Aerospace Centre, High-Tech Grunderfonds, Lightfield Equity, Seedfonds Baden-Wurttemberg, Koen Geurts, General Catalyst, Picus Capital, Point Nine Capital.