Article

Enpulsion, an Austrian aerospace firm, has completed a €22.5 million funding round with Nordwind Growth as the investor, marking the firm's first investment in the space sector. The company develops electric propulsion systems for micro and nanosatellites using FEEP technology, which converts liquid metal into charged particles for propulsion.

With over 320 systems in orbit, Enpulsion is already profitable and aims to expand its market presence, particularly in the U.S. The investment will be allocated to increasing production capacity and advancing integrated space mobility solutions, reflecting a strategic shift from propulsion systems to comprehensive mobility offerings in orbit.