Enpulsion, an Austria-based aerospace propulsion technology spinout from University of Applied Sciences Wiener Neustadt, has raised €1.2m ($1.4m) in funding, Trending Topics reported on Tuesday.
The round was led by private investor Alon Shklarek and included a contribution from AWS Seedfinancing, a grant and loan program managed by Austrian state-owned development and financing bank Austria Wirtschaftsservice.
Founded in 2016, Enpulsion is developing modular propulsion systems for nanosatellites. The company was set up by the institution’s research and tech transfer arm,…
