Morpheus Space has secured a $15 million strategic investment to accelerate the buildout of its mass-production footprint and support its next phase of growth in electric propulsion systems for in-space mobility. The company said the round was led by Alpine Space Ventures and the European Investment Fund, with continued support from Lavrock Ventures, Morpheus Ventures, Pallas Ventures, Vsquared Ventures, and other new and existing investors.
The company plans to use the capital to expand its mass-production capabilities and team while advancing the development of next-generation mobility products. Morpheus Space said the enhanced production capacity at its Reloaded Facility in Dresden is intended to strengthen its ability to deliver reliable, rapidly deployable propulsion systems designed for large-scale satellite constellations as demand rises across the space economy.
Morpheus Space positions its electric propulsion technology as a critical enabler for agile satellite maneuvering amid increasing orbital congestion and intensifying competition in space. The company develops and manufactures propulsion systems in Dresden, Germany, and also operates in El Segundo, California, serving commercial and government customers globally.
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“We’re excited to deepen our partnership with Alpine Space Ventures and work with the European Investment Fund, alongside support from existing investors, as we scale to meet accelerating global demand.”
“This investment enables us to industrialize our GO-2 electric propulsion systems and deliver at a pace and efficiency that matches the growth of the space economy, while continuing to advance the technology that defines our leadership in the market.”
Kevin Lausten, CEO, Morpheus Space
“The space industry is at a crossroads. Growing orbital congestion and the race for dominance in orbit are making maneuverability a strategic necessity. What’s needed now are scalable, cost-efficient propulsion systems designed for dynamic space operations. Morpheus Space is uniquely positioned to meet this demand and solve one of the sector’s most urgent bottlenecks.”
Bulent Altan, Alpine Space Ventures
