Total raised
$3.2M
Last: Series A 2021-12
Stage
Series A
Founded
2014
Headcount
4
HQ
Netanya
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
Series A
$1.5M
2020-05
Undisclosed
$1.0M
2014-11
Seed
$700K
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