German company ISPTech secures €2 million pre-seed to make a greener space economy

Published on July 2, 2024

Lampoldshausen-based InSpacePropulsion Technologies (ISPTech), a spin-off from the German Aerospace Center (DLR), announced the closing of its €2 million pre-seed round. The round is led by HTGF and backed by co-investments of First Momentum Ventures and Possible Ventures, three renowned deep-tech investors. The investment will be used to make ISPTech’s propulsion technologies ready for its…

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