Verdicta
Rocket engine startup Impulse raises $500 million to hire people, not AI
Impulse Space, a startup founded by SpaceX engine guru Tom Mueller to build highly maneuverable spacecraft, announced a $500 million Series D this week that it will use to hire as many as 200 new employees. The round, led by 137 Ventures and BANNER VC, with participation from Founders Fund, Lux Capital, and Linse Capital, reflects investor interest in space and defense tech as the U.S. government hurls cash at national security problems and SpaceX gears up for its IPO.…
AI-generated summary. Read the original article.
Full summary
Impulse Space, a startup founded by SpaceX engine guru Tom Mueller to build highly maneuverable spacecraft, announced a $500 million Series D this week that it will use to hire as many as 200 new employees. The round, led by 137 Ventures and BANNER VC, with participation from Founders Fund, Lux Capital, and Linse Capital, reflects investor interest in space and defense tech as the U.S. government hurls cash at national security problems and SpaceX gears up for its IPO. Impulse is focused on in-space mobility. The company has developed a highly maneuverable platform called Mira that is targeted at U.S. Space Force buyers. It’s also building Helios, a vehicle designed to carry satellites rapidly to high orbits after they are dropped off in space closer to Earth. President and COO Eric Romo told TechCrunch that the new capital will help the company build and test more space vehicles and emphasized the company’s hiring plans at a time when aerospace talent is in high demand. While the company’s software teams are adopting AI coding tools, Romo said that when it comes to solving engineering problems in the real world, deep learning models aren’t quite ready for prime time. As the…
Technology Neutral Left
Keywords: space, company, romo, more, impulse, build, find, spacex
This article page is not indexed; prefer the multi-source event view.
Comments
Please log in and verify your email to comment.