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Rocket engine startup Impulse raises $500 million to hire people, not AI

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CitrixNews Staff
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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.

Originally reported by TechCrunch