Top 31 Space Engine and Propulsion startups

Updated: Oct 11, 2026
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These startups are developing engines for rockets, spacecraft and satellite propulsion, deep space exploration vehicles.
1
Pangea Aerospace
Country: Spain | Funding: €27.1M
Pangea Aerospace develops advanced rocket engines for use in launch vehicles and spacecraft.
2
Arkadia Space
Country: Spain | Funding: €17.3M
Arkadia Space provides design, develop and commercialise engines and propulsion systems based on green propellants; the best alternative.
3
Zenno Astronautics
Country: New Zealand | Funding: NZ$11M
Zenno is the pioneer and global leader of superconducting magnets for space applications, revolutionizing space-movement through the untapped energy of super magnets. Zenno's hardware and software products ensure satellite missions are effectively managed, guaranteeing maximum economic returns.
4
Firefly Aerospace
Country: USA | Funding: $1.4B
Firefly Aerospace provides launch vehicles, spacecraft, and in-space services for small payloads. Firefly’s on-orbit services include deorbiting services to help minimize space debris. Firefly’s lunar lander is flying annual missions to the Moon with payload services customized to the technology and exploration goals of each customer.
5
Impulse Space
Country: USA | Funding: $1.3B
Impulse Space develops orbital maneuvering vehicles for last-mile satellites and other cargo delivery. The startup was founded by SpaceX's first employee and its former propulsion chief, Tom Mueller.
6
Galactic Energy
Country: China | Funding: CN¥5.1B
Galactic Energy Aerospace Technology is a private aerospace company that engages in the low-cost commercial space launch business.
7
Ursa Major
Country: USA | Funding: $450.2M
Ursa Major provides a propulsion system for space launch, hypersonics, and national security.
8
Venus Aerospace
Country: USA | Funding: $134M
Venus Aerospace has developed Rotating Detonation Rocket Engine (RDRE) which is theoretically more efficient way to launch rockets. Instead of burning propellants in a round chamber, the engine creates a continual supersonic wave of combustion that rotates through a circular channel. It allows to waste less propellant. Now, the company is focused on hypersonic weapons development, replacing the solid rocket motors that power many missiles with its own thruster, and high-speed space vehicles that appeal to the military.
9
Agnikul Cosmos
Country: India | Funding: $109.4M
Agnikul is a startup that manufactures and launches orbital-class rockets for micro- and nanosatellites. The company has already demonstrated a suborbital rocket launch and plans to launch small satellites into low-Earth orbit using its 3D-printed Agnibaan rocket. Its single-piece semi-cryogenic engine is also 3D-printed from Inconel and includes everything from the injector to the cooling channels. After printing, the company performs CT scanning, heat treatment, grinding and cleaning in preparation for launch. The startup is also working on refurbishing the launch vehicle's lower stage, which can be reused for subsequent missions.
10
Exotrail
Country: France | Funding: $75.4M
Exotrail provides orbital services for small satellites, including "last mile" delivery (from payload integration to final orbit placement), satellite inspection, and end-of-life management. The company also develops flexible and powerful electric propulsion systems for satellites based on Hall-effect technology. In Exotrail's ion engine electrons emitted by the cathode are captured by a magnetic field and used to ionize the propellant, creating plasma in the discharge channel. The plasma is then accelerated to generate thrust by the electric field created between the anode and cathode. Hall-effect thrusters have been in use for decades and are installed on most large satellites. They combine the high impulse of an electric propulsion system with a very high thrust-to-power ratio.
Boris Maslennikov
Editor: Boris Maslennikov
Boris Maslennikov is a senior editor for Space-Startups. He has spent more than a decade covering the global space industry as a business journalist. He earned a Ph.D. in planetary sciences from the Massachusetts Institute of Technology and a bachelor’s degree with honors in geophysics and planetary science from the California Institute of Technology. In his free time, Boris enjoys studying history and mathematics, with a particular interest in the history of mathematics. You can contact Boris at borismaslenikov(at)space-startups(dot)com