Startup · Germany
InSpacePropulsion Technologies (ISPTech)
HQ Ludwigsburg-eglosheim, GermanyFounded 202311-50 employeesUpdated
Cost-effective, robust, and quickly available propulsion solutions, based on 10+ years of R&D and 40 years of combined experience in space propulsion.
Funding2 rounds · ~$8.7M
- Equity raised
- ~$8.7M
- Latest
- ~$6.5MSeed · Feb 27, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Feb 27, 2026 | Seed | ~$6.5M | — | JOIN Capital | Faber, Final Frontier, First Momentum Ventures, German Aerospace Center (DLR), High-Tech Gründerfonds, Lightfield Equity | Reported |
| Jul 2, 2024 | Pre-Seed | ~$2.2M | — | High-Tech Gründerfonds | First Momentum Ventures, Possible Ventures | Confirmed |
- SeedLed by JOIN Capital~$6.5MFeb 27, 2026
- ~$2.2MJul 2, 2024
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.
Systems5
- HyNOx-1A spacecraft thruster in ISPTech’s HyNOx propulsion family.
- HyNOx-200A spacecraft thruster under development in ISPTech’s HyNOx propulsion family.
- HyNOx-22A spacecraft thruster in ISPTech’s HyNOx propulsion family.
- HyNOx 4U CubeSat Propulsion ModuleAn integrated CubeSat propulsion module based on the HyNOx-1 thruster.
- HyNOx-5A spacecraft thruster under development in ISPTech’s HyNOx propulsion family.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Space, launch and counterspace | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Space propulsion solutions based on R&D in space propulsion; no defense use is stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Space propulsion solutions based on R&D in space propulsion; no defense use is stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People2
| Person | Role |
|---|---|
| Felix Lauck · LinkedIn ↗ | Co-founder & CTO |
| Lukas Werling · LinkedIn ↗ | Co-Founder & CEO |
Sources8
Profile3
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Germany", "hq_iso2": "DE", "id": "db88da4a-3b4a-40c8-b83b-969dd4dd8e53"}”
- 2CompanyISPTECH
InSpacePropulsion Technologies (ISPTech) · Supports Organization · description, Organization · linkedin url, Organization · name, Organization · website
“Cost-effective, robust, and quickly available propulsion solutions, based on 10+ years of R&D and 40 years of combined experience in space propulsion.”
- 3DatabaseISPTech company profile
Octen Business Search · Supports Organization · founded year
“founded_year: 2023”
Systems1
- 4
InSpacePropulsion Technologies (ISPTech) · Supports System
“HyNOx-5 2.5 – 10 N  Available from Q3 2027”
Funding3
- 5
SpaceNews · Mar 17, 2026 · Supports Funding round · amount
“announced it has raised €5.5 million in seed funding”
- 6
HTGF · Feb 27, 2026 · Supports Funding round · amount, Organization · ownership
“The round was led by Join Capital, with participation from High-Tech Gründerfonds (HTGF), Faber, First Momentum Ventures, Lightfield Equity, Final Frontier Liftoff, The German Aerospace Center (DLR), and Start-up BW Seed Fonds, among others.”
- 7
ISPTech · Jul 2, 2024 · Supports Funding round · amount
“The €2 million round is led by High-Tech Gründerfonds (HTGF) along with First Momentum Ventures and Possible Ventures”
People1
- 8
Crunchbase · Supports Organization · employee range, Organization · hq city, Role
“employee_range: 11-50 (profile: 11-50)”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.