Last updated 2026-06-18
- Raised $1.5M funding round, Dec 2021
- Raised $1M funding round led by Consensus Business Group (CBG), May 2020
- Raised $700k funding round, Nov 2014
Total raised
$3.2M
Last: 2021-12
Stage
Series A
Founded
2014
Headcount
4
HQ
Netanya, Israel
Sector
Aerospace, Defense & HLS
About
NewRocket is developing proprietary gel technology that enables a stable and non-toxic engine propellant, without sacrificing performance or control. NewRocket's gel propellant combines the advantages of liquid and solid propellants. Safe to use and transport, the propellant will improve rocket performance, offering a powerful thrust that can be controlled and extinguished when needed. NewRocket's gel propulsion technology is designed to meet the strictest industry regulations. The company has successfully completed a proof of concept for the proprietary technology and identified key applications for the aviation, space, and power generation markets. NewRocket is associated with the Technion Israel Institute of Technology.
Funding history · 3 rounds · $3.2M total
2021-12
2020-05
2014-11
Q&A
- What is NewRocket's core technology?
- NewRocket is developing proprietary gel technology for environmentally friendly gel-propellant rocket engines. This technology aims to provide a stable, non-toxic engine propellant that combines the advantages of liquid and solid propellants, offering controlled and extinguishable thrust.
- When was NewRocket founded?
- NewRocket was founded in March 2014.
- What is NewRocket's total funding to date?
- NewRocket has raised a total of $3,200,000 USD.
- When was NewRocket's most recent funding round and who participated?
- NewRocket's most recent funding round was in December 2021, with participation from Incubit Ventures and Consensus Business Group (CBG).
- Which investors participated in NewRocket's November 2014 funding round?
- In November 2014, Incubit Ventures and Elbit Systems Ltd. participated in NewRocket's funding round.
- What are the primary target markets for NewRocket's technology?
- NewRocket has identified key applications for its technology in the aviation, space, and power generation markets.
- Who are the co-founders of NewRocket?
- The co-founders of NewRocket are Moti Elyashiv, who serves as VP Business Dev, and Zohar Schlagman, who is the CTO.
Team · 2
Sectors & technology
Primary sector
Aerospace, Defense & HLS
Sub-sectors
Aerospace, Defense & HLSSpace TechSpace Components and InfraClimate TechEnergy TransitionClean Energy GenerationClean Industry Tech Sustainable Materials & CircularityEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & LogisticsIndustrial TechnologiesMaterial Innovations & Applications
Technologies
Materials & Substances
Target customers
Industrial ManufacturingDiscrete IndustriesAerospace
Business model
B2BB2G
Highlights
1 Patents
Tags
environmental-technologiesaircraftsaerospaceclimate-techastrospaceastronauticsfuelsspace-techmaterialsmobility-optimizationrenewable-energy
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | newrocket.co.il |
|---|---|
| linkedin.com/company/10385790 | |
| YouTube | youtube.com/channel/UCRl8zrzVsR-rkNN3knPJSAg |
Identifiers & details
| Founded | 2014-3 |
|---|---|
| Employees (exact) | 4 |
Radar intelligence
Patents
| EPO | 4 |
|---|
Web history (Wayback)
| Domain | newrocket.co.il |
|---|
Certificate / subdomain footprint
| Subdomains | 6 |
|---|