United States development
iRocket
iRocket (Innovative Rocket Technologies Inc.) is a reusable launch vehicle developer headquartered in Hauppauge, New York, founded in December 2018 by CEO Asad Malik.
- Headquarters
- Hauppauge, United States
- Founded
- 2018
- Type
- startup
- Founded
- 2018
- Headquarters
- Hauppauge, United States
- Ownership
- Private
- Last round
- Undisclosed round 2022-08
Quick Facts
About iRocket
iRocket (Innovative Rocket Technologies Inc.) is a reusable launch vehicle developer headquartered in Hauppauge, New York, founded in December 2018 by CEO Asad Malik.
The company is developing Shockwave, a fully reusable, 3D-printed methalox rocket roughly 125 feet tall designed to carry about 1,500 kg to low Earth orbit, with a first launch targeted for 2027. iRocket holds a Space Act Agreement with NASA's Marshall Space Flight Center, a Cooperative Research and Development Agreement with the Air Force Research Laboratory, and a 2023 AFWERX contract from U.S. Space Systems Command to develop its rocket engine, and has announced a $640 million launch services agreement with SpaceBelt KSA to serve customers in Saudi Arabia and the Gulf region.
Funding history
2 events| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 2022-08-03 | Undisclosed round | — | — Form D filed 2022-08-03: Gaingels iRocket I, a Series of Republic Deal Room Master Fund, LP (CIK 0001930847). Offering amount in the filing. | sec.gov |
| 2022-06-09 | Undisclosed round | — | — Form D filed 2022-06-09: Gaingels iRocket LLC (CIK 0001930922). Offering amount in the filing. | sec.gov |
Signals
- Verification
- Verified 2026-09-19
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Frequently asked about iRocket
Quick answers to the questions readers most often search for.
- When was iRocket founded?
- iRocket was founded in 2018 in United States.
- Where is iRocket headquartered?
- iRocket is headquartered in Hauppauge, United States.
- What does iRocket do?
- iRocket (Innovative Rocket Technologies Inc.) is a reusable launch vehicle developer headquartered in Hauppauge, New York, founded in December 2018 by CEO Asad Malik. The company is developing Shockwave, a fully reusable, 3D-printed methalox rocket roughly 125 feet tall designed to carry about 1,500 kg to low Earth orb…
- Is iRocket a public or private company?
- iRocket is a privately held startup and is not listed on any stock exchange.
- What sector does iRocket operate in?
- iRocket works in launch vehicles, Propulsion and Reusable.
Data Accuracy Notice: Information about iRocket is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.