OMVP Invests Over €50M to Support HyImpulse's Expansion of Sovereign European Launch Capabilities
On September 2, 2026, OMVP announced it has co-led a financing round exceeding €50 million for German space company HyImpulse Technologies GmbH. The investment aims to support the development and scaling of sovereign European launch capabilities using proprietary hybrid propulsion technology. HyImpulse is preparing its second SR75 suborbital launch and plans the maiden flight of its SL1 orbital vehicle, with a growing order book surpassing €350 million. OMVP's Managing Partner Sean Bielat emphasized that HyImpulse addresses both strategic necessity and commercial demand for resilient European access to space. The funding will also enable expanded production and market growth in both commercial and defense sectors. As the only U.S.-based participant selected, this investment highlights OMVP’s focus on strategically important technologies within Europe.
Topics: defense tech space launch venture capital