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NewRocket
Green hypergolic rocket engines for space propulsion systems
Vitality Radar
Pillar Analysis
Strategic Assessment
Strategic Vector
NewRocket is pursuing deep-tech innovation in space propulsion with proprietary gel-based technology, targeting both commercial and defense aerospace markets. The company is transitioning from R&D-heavy development toward market commercialization with strategic partnerships and government support.
Efficiency Ratio
The company demonstrates moderate resource efficiency, having raised $5.7M total funding while securing $6M in government development contracts and partnerships, though limited public visibility suggests early-stage commercialization maturity.
Evidence Signals
Secured $5M funding round approximately 4 years prior to current date (circa 2022), with earlier $1M investment from UK-based Consensus Business Group (CBG) led by Vincent Tchenguiz
View sourceRunning development projects with leading aerospace corporations, Israel Innovation Authority, and Israel Space Agency for approximately $6M in combined contracts
View sourceIncluded in Israel's space tech startup grant program (January 2022) providing 60-85% R&D cost coverage for companies with space-focused products
View sourceUnveiled 400N-class space thruster based on proprietary PowerGel green bi-propellant technology, marketed as controllable, storable, and non-toxic propulsion solution
View sourceFounded through Incubit Ventures incubator (backed by Elbit Systems and Israel Innovation Authority), which invested $700K as early-stage deep-tech investor
View sourceLicensed exclusive technology from Prof. Benny Natan (Technion – Israel Institute of Technology Faculty of Aerospace Engineering) for PowerGel propellant formulation
View sourceCompany operates from multiple locations: Beer-Sheva (haEnergia St 77) and Netanya (10 Giborei Israel St), with 11-50 employee range indicating early-stage scaling
View source- About
- NewRocket develops environmentally-friendly rocket engines using innovative PowerGel hypergolic bi-propellant technology. The gel fuel combines advantages of liquid and solid propellants, offering controllable thrust that can be switched on/off as needed while being safe, storable, and non-toxic compared to traditional hydrazine-based systems.
- Relevancy
- Provides green propulsion solutions for military satellites, space tugs, moon landers, and small satellite systems. Enables precise orbital maneuvers for defense satellites and space-based assets while replacing highly toxic legacy fuels with safer, more controllable alternatives for military space operations.
- Tags
- #PowerGel #green-propulsion #hypergolic #space-engines #satellite-propulsion #non-toxic #controllable-thrust #military-satellites