ISPTech
Where to find us at Bits & Pretzels

Partner Exhibition

Key Facts

Company Description

ISPTech is pioneering a new era of space mobility for every spacecraft. Based on 10+ years of R&D at the German Aerospace Center (DLR), we offer robust, cost-effective and quickly available propulsion solutions for every mission. We empower satellites and spacecraft to manoeuvre, reposition, and operate more flexibly across orbital regimes.

Product/Service Description

Our "green" propulsion systems HyNOx and HIP_11 offer low costs, short delivery times, easy-to-use systems, and high reliability, which satellites and spacecraft use to manoeuver in space.

Crunchbase

https://www.crunchbase.com/organization/inspacepropulsion-technologies

Country

Germany

Founding Year

2023

Employees

21-50

Company Stage

Many Paying Customers

Business Model

B2B

Focus Industries

Aerospace

Active Markets

(5 most relevant ones)

Germany

Look for at Bits & Pretzels

Investors
Mentors/Advisors
Talent
Visibility

Funding & Investors

3 Lead Investors

HTGF, First Momentum Ventures, Possible Ventures

Capital Raised to Date

2 000 000 €

Last Funding Type

Pre-Seed

Last Funding Date

July 2024

Capital Need (€)

< 5M

Currently Fundraising

(at the time of  Bits & Pretzels 2025)

Yes

Growth Outlook

Traction

1M+ in signed contracts with leading space companies such as TheExplorationCompany, AtmosSpaceCargo.

Monetization Model

Direct hardware sales and engineering services

3 Reference Customers

Atmos Space Cargo, Curtin University, TEC

Revenues 2024

160 000 €

Planned Revenues 2025

600 000 €

Planned Revenues 2026

1 800 000 €

Target Markets

(within 24 months)

Benelux
Central & Eastern Europe
Nordics
North America
Western Europe

Team

Lukas Werling

Co-Founder & CEO

lukas.werling@isptech.space

Felix Lauck

Co-Founder & CTO

Felix.lauck@isptech.space