What Happened
Southern California Startup Revolutionizes Space Logistics
Impulse Space, a Southern California startup, has secured an additional $308 million in Series D funding, bringing its total investment to $808 million and valuing the company at $5.6 billion. Founded by former SpaceX chief engineer Tom Mueller, Impulse Space is developing a space tug called Helios, which can transport satellites to their target orbits, providing a faster and more efficient alternative to traditional launch methods. This development was reported by Maeil Business Newspaper.