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ISPTech

ISPTech, founded in 2020 and based in Munich, Germany, is a space propulsion company specializing in the development and manufacture of green in-space propulsion systems.

Munich, Germany Est. 2023 Commercial
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Founded
2023
Headquarters
Munich, Germany
Ownership
Private
Quick Facts
Country
Germany
Founded
2023
Type
commercial
Status
development

About ISPTech

Updated 2026-06-30

ISPTech, founded in 2020 and based in Munich, Germany, is a space propulsion company specializing in the development and manufacture of green in-space propulsion systems. The company focuses on providing cost-effective, robust, and rapidly available solutions for the small satellite market – specifically CubeSats and SmallSats – and beyond. ISPTech’s core technology centers around non-toxic propellants, notably their HyNOx and HIP_11 systems. HyNOx utilizes a unique propellant combination for thrust levels ranging from 1N to 200N, while HIP_11 is a hypergolic propellant offering high performance and reduced hazards compared to conventional options, with thrust levels starting at 22N.

Leveraging over a decade of research and development, including work originating at the DLR-Institute of Space Propulsion, ISPTech emphasizes streamlined production and in-house testing. Recent milestones include achieving Technology Readiness Level 5 for their 22N HIP_11 thruster and securing contracts with key industry players like ATMOS Space Cargo and The Exploration Company, who will utilize HIP_11 to power their Nyx capsule. ISPTech has also partnered with BINAR for a lunar mission, marking their first international collaboration.

Supported by €2M in pre-seed funding and recognition through awards like the Horst Hauck Gründerpreis and Deep Tech Momentum prizes, ISPTech is positioning itself as a key innovator in sustainable space mobility.

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Frequently asked about ISPTech

Quick answers to the questions readers most often search for.

When was ISPTech founded?
ISPTech was founded in 2023 in Germany.
Where is ISPTech headquartered?
ISPTech is headquartered in Munich, Germany.
What does ISPTech do?
ISPTech, founded in 2020 and based in Munich, Germany, is a space propulsion company specializing in the development and manufacture of green in-space propulsion systems. The company focuses on providing cost-effective, robust, and rapidly available solutions for the small satellite market – specifically CubeSats and S…
Is ISPTech a public or private company?
ISPTech is a privately held company and is not listed on any stock exchange.
What sector does ISPTech operate in?
ISPTech works in propulsion, Small satellites and Spacecraft components, plus 2 other space-industry sectors.

Sources

The structured fields on this page (founding year, location, sector, status, listing) and the profile text are drawn from the sources below. How profiles are drafted and checked is described in our methodology.

  1. Official website (www.isptech.space)

Data Accuracy Notice: Information about ISPTech 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.

Last verified: June 30, 2026
Editorial owner: Dr. Donovan, Editor-in-Chief Company representatives may submit corrections This page does not constitute an endorsement or affiliation Learn about our data methodology