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ISPTech Raises €5.5M to Scale Green Propulsion Tech

Summary by Payload
Green energy is all the rage in Europe, and the trend is beginning to reach beyond the stratosphere. ISPTech—a German startup developing in-space propulsion systems reliant on non-toxic fuel—announced a €5.5M seed round today to ramp up its production of green spacecraft thrusters. The new capital will also help the company grow its workforce, and build a new in-house test facility to increase ISPTech’s production rate (from about four or five p…
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Payload broke the news in on Friday, February 27, 2026.
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