Impulse Space raises $500 million as orbital maneuvering race heats up
"The market's going to continue to find exciting new things."
Getting around space, as it turns out, is kind of a big deal.
On Tuesday, Impulse Space, a company dedicated to improving space mobility, announced it has raised $500 million in Series D funding. Since it was founded five years ago by SpaceX veteran Tom Mueller, the company has now raised more than $1 billion.
"Timing is everything," Mueller said in an interview about the new round of funding. By this, he means the company has found its way into a lot of markets.
This story was first published by Ars Technica. Read the original report