# ISPTech

**Source:** https://www.startuphub.ai/startups/isptech
**Profile type:** Startup

> ISPTech develops and manufactures high-performance electric propulsion systems for satellites, enabling sustainable and efficient in-orbit mobility.

## About

ISPTech specializes in the development and manufacturing of advanced electric propulsion systems for satellites. Their mission is to improve in-orbit mobility, making satellite operations more sustainable and efficient. They offer propulsion solutions for various spacecraft sizes, from CubeSats to large satellites, using non-toxic "green" propellants. Their technologies, HyNOx and HIP_11, aim to provide high performance, robustness, affordability, and rapid availability, addressing the challenges of expensive, complex, and toxic conventional propulsion systems.

## Key facts

- **Slug:** isptech
- **Website:** https://isptech.space/
- **Location:** Delft, South Holland, Netherlands
- **Founded:** 2022-01-01
- **Employees:** 29
- **Operating status:** Active
- **Total funding:** $8M
- **Sectors / tags:** Space Technology, Aerospace Manufacturing, Satellite Propulsion, SpaceTech
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/isptech-space/

## Frequently asked

### What does ISPTech do?

ISPTech specializes in the development and manufacturing of advanced electric propulsion systems for satellites. Their mission is to improve in-orbit mobility, making satellite operations more sustainable and efficient. They offer propulsion solutions for various spacecraft sizes, from CubeSats to large satellites, using non-toxic "green" propellants. Their technologies, HyNOx and HIP_11, aim to provide high performance, robustness, affordability, and rapid availability, addressing the challenge…

### What is ISPTech's revenue?

StartupHub estimates ISPTech's annual revenue at $14.3M (range $8.0M to $16.9M, 62% confidence), based on comparable companies in the sector.

### What is ISPTech's valuation?

StartupHub estimates ISPTech's effective valuation at $29.7M (range $19.1M to $45.9M, 21% confidence), based on comparable companies in the sector.

### How much funding has ISPTech raised?

ISPTech has raised a total of $8M in funding. The most recent round on record is Seed.

### Where is ISPTech headquartered?

ISPTech is headquartered in Delft, South Holland, Netherlands.

### When was ISPTech founded?

ISPTech was founded in 2022.

### What industry does ISPTech operate in?

ISPTech operates in Space Technology, Aerospace Manufacturing, Satellite Propulsion, SpaceTech.

### How many employees does ISPTech have?

ISPTech has approximately 29 people on record.

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