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The newest entrant in the military’s launch competition isn't actually a launch company

9 July 2026 at 14:08

This week the US Space Force brought two more companies into the pool of bidders eligible to compete for its launch contractsβ€”Impulse Space and Relativity Space. For a rocket company, cracking into the lucrative US military launch market is both a sign of maturity, as well as an important source of revenue.

The inclusion of Relativity Space, which is making credible progress toward the launch of its heavy-lift Terran R rocket, is perhaps not a huge surprise. Under the leadership of former Google chief executive Eric Schmidt, the company has continued to work toward bringing the partly reusable rocket to the launch pad.

The addition of Impulse Space, however, was something of a surprise. The company specializes in building spacecraft for in-space operations, rather than launching from Earth.

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Β© Impulse Space

Impulse Space raises $500 million as orbital maneuvering race heats up

2 June 2026 at 13:00

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.

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Β© Impulse Space

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