HyPrSpace

HyPrSpace
Description: HyPrSpace is a French aerospace startup specializing in the development of hybrid rocket propulsion systems and micro-launch vehicles. The company aims to provide cost-effective, efficient, and environmentally friendly solutions for space transportation, catering to both civilian and defense applications
Vision:
To pioneer advancements in hybrid rocket technology, making space more accessible and fostering innovation across various sectors, including space transportation, defense, and on-orbit mobility.
Mission:
To unlock the full potential of hybrid propulsion by offering scalable and adaptable rocket engines that combine the advantages of liquid and solid propulsion technologies, thereby facilitating affordable and flexible access to space.
Contact:
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Investors:
Funding:
  • Seed Funding: Dec 1, 2021, €1 million
  • Grant: Dec 31, 2022, €1.2 million
  • Pre-Seed Funding: Dec 31, 2022, €0.85 million
  • Pre-Seed Funding: Oct 17, 2023, €35 million
  • Pre-Seed Funding: Apr 29, 2024, €6 million
Total Funding: €44.1 million
Key Milestones:
  • 2022: Raised €1.1 million in seed funding to advance the development of its innovative hybrid micro-launch vehicle.
  • 2023: €35M awarded via France 2030/PADA1 initiative
  • 2024: Successfully conducted the first hot-fire test of its full-scale hybrid rocket engine demonstrator, named "Terminator," marking a significant step toward operational capability.
  • 2024: Secured €35 million in funding as part of a consortium to develop the "Baguette One" launcher, with 60% of the funding provided by the French government under the France 2030 program.
Key People:
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Products & Services:
  • Hybrid Rocket Engines:: HyPrSpace develops patented hybrid rocket engines that utilize a combination of solid fuel and liquid oxidizers, offering a balance between the simplicity of solid rockets and the controllability of liquid rockets.
  • Baguette One: Suborbital demonstrator launch vehicle with 300 kg payload capacity.
  • Orbital Baguette One (OB-1):: The company is developing micro-launchers, such as the "Orbital Baguette-1" (OB-1), capable of delivering payloads of up to 250 kg into low Earth orbit (LEO). These vehicles are designed for rapid manufacturing and operation, reducing the time between contract signing and launch to as little as three months.
  • Hybrid Propulsion Engine (Terminator):: Patented dual-mode system successfully tested in hot fire. TRL: 6–7 (engine fire tested; vehicle integration in progress)
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