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Startup · Finland

Aurora Propulsion Technologies

HQ Espoo, FinlandFounded 201811-50 employeesUpdated

Aurora Propulsion Technologies offers a variety of propulsion systems for SmallSat and CubeSat missions for the sustainable use of space.

StartupSpace, launch and counterspace
Website
Total raised
~$2.0M
3 rounds
Last round
Undisclosed
Seed · Dec 19, 2022
Systems
4
Capabilities
1

Funding3 rounds · ~$2.0M

Equity raised
~$2.0M
Debt, secondaries & grants
~$2.3M
Latest
UndisclosedSeed · Dec 19, 2022
  • Seed
    Undisclosed
    Dec 19, 2022
  • Grant
    ~$2.3M
    Oct 5, 2022
  • Seed
    With The Flying Object
    Confirmed
    ~$2.0M
    Sep 17, 2021

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems4

  • 0.6U ARM-OA small‑scale ARM‑O thruster variant used on JinjuSat‑2.
    —
  • ARM-AAn attitude control thruster system used on AuroraSat‑1.
    —
  • ARM-OA compact dual‑thruster system offered for 1U CubeSats.
    —
  • Plasma BrakeA tether-based deorbiting system.
    —

Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.

Capabilities1

  • Space, launch and counterspace
    Developer
    classify_sectors run 37, haiku, taxonomy 2026-10-18b: Propulsion systems for SmallSat and CubeSat missions are spacecraft technology with no defense use stated.
    —Reported

Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.

People3

All 3 people →
People
PersonRole
Perttu Yli-OpasCo-founder & CTO
Pekka BlombergCEO
Roope TakalaChairman & CEO

More in Space, Launch and Counterspace

All organizations in Space, launch and counterspace →

Sources7

Profile2

  1. 1
    DatabaseAurora Propulsion Technologies - PitchBook company profile

    PitchBook · Supports Organization · employee range, Organization · founded year, Organization · linkedin url, Organization · x url

    “employee_range: 11-50 (profile: 18)”
  2. 2
    DatabaseSixth-Domain public startups directory

    Sixth-Domain · Supports Organization · country, Organization · kind

    “{"country": "Finland", "hq_iso2": "FI", "id": "decfb318-9224-44ff-bbcb-c9284065a140"}”

Systems1

  1. 3
    CompanyHome - Aurora Propulsion Technologies

    Aurora Propulsion Technologies · Supports Organization · description, Organization · name, Organization · website, System

    “Aurora Propulsion Technologies offers a variety of propulsion systems for SmallSat and CubeSat missions for the sustainable use of space.”

Funding3

  1. 4
    CompanyAurora Propulsion Technologies closes 1.7 M€ Seed funding round

    Aurora Propulsion Technologies · Sep 20, 2021 · Supports Funding round · amount, Organization · ownership

    “today announced the closing of its Seed funding round for 1.7M€ with Practica Capital as lead investor and joined by TESI (Finnish Industry Investment Ltd.) and The Flying Object, a Fund from Kluz Ventures.”
  2. 5
    NewsAurora Propulsion Technologies closes €1.7M seed for spacecraft maneuvering and deorbiting tech

    TechCrunch · Sep 17, 2021 · Supports Funding round

    “the company just closed a €1.7 million ($2 million) seed round to bring its technology to market.”
  3. 6
    DatabaseAurora Propulsion Technologies company profile

    Octen Business Search · Supports Funding round, Organization · hq city, Organization · hq region, Role

    “funding round: Grant, 2022-10-05, EUR 2,386,562, lead: European Innovation Council”

People1

  1. 7
    CompanyAurora Propulsion Technologies - team page

    Aurora Propulsion Technologies · Supports Role

    “Pekka Blomberg CEO”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.