A trio of space startup investment rounds to highlight

Agile Space Industries

This financing round does not have a disclosed number to tell us how much the in-space propulsion system maker fetched from investors.

But Agile did say that Lockheed Martin’s venture capital organization led this new round, which took place a year after the defense giant participated in the startup’s 2023 seed round. Veteran Ventures Capital and BOKA Capital have joined Agile’s network of investors as new participants.

Agile started in 2019 and today employs 65 people that work on designing chemical-propulsion rocket thrusters through the use of additive manufacturing techniques. The company touts numerous large primes and U.S. government buyers as customers.

In conjunction with this newfound investment, Agile is pushing to qualify for potential matching funds from the Air Force’s AFWERX technology acceleration arm. If granted, Agile would use that AFWERX funding to further develop its mobile payload processing center.

The company is already using what it fetched from investors to support its hiring and infrastructure expansion efforts.

All.Space

This communications technology provider has captured $44 million in its newest raise to help support the commercial launch of a first-generation satellite terminal.

All.Space started in 2019 and looked to Boka Group, a defense-focused investment firm, as the leader for this investment round. Existing investors that participated in the round include AE Industrial Partners’ venture capital arm, Seraphim Space and Promus Ventures.

The U.K. government’s Future Fund for supporting businesses affected by the COVID-19 pandemic is also an investor, according to Sky News.

Since its inception, All.Space has fetched approximately $160 million in capital to pursue its strategy of designing tech to help operators stay connected as they switch between communication systems.

All.Space is pushing to further develop its “simultaneous multi-orbit, multi-network connectivity solutions” for use across different domains.

Impulse Space

This one also has a disclosed number that tells us how much the in-space transportation company fetched from investors: $150 million in Series B capital.

RTX’s venture capital organization first backed Impulse Space in 2023 by leading a Series A financing round that captured $45 million. RTX Ventures participated in the Series B round that also included returning investors such as Lux Capital, Spring Tide and Airbus Ventures.

DCVC is a new investor in Impulse Space, which is focusing its energy and resources on further developing its vehicles to use a nontoxic chemical propulsion system and operate in places beyond low-Earth orbit.

Impulse Space designs its flagship Helios vehicle to use liquid oxygen and liquid methane while transporting at least 5 tons of payload, while Mira is built to work off of storable nitrous oxide and ethane bipropellant as it delivers payloads of up to 220 pounds.

Other Series B participants included Alumni Ventures, Balerion Space Ventures, Tamarack Global, 137 Ventures, Elysium, First Principles Group, Island Green, Overmatch and Trousdale Ventures.