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NewRocket logo — Engines On !

NewRocket

Engines On !

Founded 2014 Israel Israel 4 employees Series A Total: $1.70M Space

General Information

Company Name NewRocket
Founded Year 2014
Location Israel Israel
Employees 4
Industries Space
Funding Stage Series A
Social

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About NewRocket

NewRocket, founded in 2014 and based in Israel, is revolutionizing rocket engine technology with its innovative gel-propellant technology, aiming to usher in a new era of environmentally friendly propulsion. The company's proprietary gel technology offers a non-toxic, stable propellant that combines the benefits of both liquid and solid propellants. This breakthrough addresses the risks associated with conventional rocket engine technology, such as high toxicity and transportation challenges. With a recent $1.00M Series A investment from Consensus Business Group and Pario Ventures in November 2020, NewRocket has demonstrated its potential and secured support for its vision. The company has successfully completed a proof of concept for its technology and identified key applications in the aviation, space, and power generation markets. Led by an experienced team of engineers and scientists, the company is associated with the prestigious Technion – Israel Institute of Technology, enhancing its credibility. Currently seeking strategic partnerships in the space and aviation markets, NewRocket is poised to make a significant impact with its "green propulsion" technology. "Engines On!"

Taxonomy: Green propulsion, Rocket engines, Gel propellant technology, Space technology, Environmental technology, Aerospace industry, Advanced engineering, Investment opportunities, Technion Institute, In-space applications, Aviation industry, Power generation technology, Elbit Systems Ltd., Seed investment

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $1.00M 2
Consensus Business Group Pario Ventures
Consensus Business Group, Pario Ventures
30 Nov 2020
Seed Round $700.00K 1
Incubit Technology Ventures
01 Feb 2014

NewRocket Alternatives & Competitors

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NewRocket vs
Argo Navis Aerospace
Argo Navis Aerospace New Zealand

Innovation In Space: Argo Navis Aerospace is a commercial supplier of upper stage rocket engines.

Pre-Seed
2 employees
Space
NewRocket vs
Neutron Star Systems
Neutron Star Systems Germany

"Beyond Orbits: Innovating Space Mobility with SUPREME Technology"

Grant
6 employees
Energy, Semiconductor
NewRocket vs
Safran
Safran France

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Late Stage
76365 employees
Manufacturing, Space
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FAQ About NewRocket

Engines On !
NewRocket was founded in 2014.
NewRocket is headquartered in Israel.
NewRocket operates in Space. Its work centres on Green propulsion, Rocket engines, Gel propellant technology and Space technology.
NewRocket has approximately 4 employees.
NewRocket has completed 2 funding rounds, raising a total of $1.70M. The latest funding stage is Series A.
Top alternatives and competitors to NewRocket include Argo Navis Aerospace, Neutron Star Systems, Safran, Dark, ABL Space Systems. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NewRocket and Argo Navis Aerospace are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for NewRocket, https://bouncewatch.com/company/newrocket, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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