Insights

North America has emerged as the epicenter of private capital flow into defense and space technology. What once was a slow trickle of early-stage interest has transformed into robust strategic investment from both traditional venture firms and corporate venture arms tied to major defense and aerospace players. VC Momentum in Defense Tech Venture investment in defense & aerospace startups has climbed from just over $10B in 2024 to more than $19B in 2025 (as of late November) —

Source: www.impulsespace.com In-Space Mobility as Infrastructure Impulse Space, founded in 2021 by Tom Mueller (founding SpaceX engineer behind the Merlin and Draco engines), is building the transportation layer for space — enabling precise, efficient payload movement across orbital environments. The company focuses on in-space logistics, addressing the critical gap between launch and final orbit. Impulse offers last-mile delivery for satellites, satellite hosting, and flexib