The startup plans to create an engine for ultralight rockets, as well as invest in further development and promotion of the product.
With the help of a team of engineers and experts drawn from the main technical universities of Ukraine, work is underway to create a unique engine that burns a solid fuel rod during flight. The uniform pulsation of the engine allows building an accurate flight path.
“The partnership with QPDigital is an important stage in the development of our project. We hope to gain a foothold in the SpaceTech market, and the fund's expertise will help us scale production and correctly implement our marketing strategy. Our product will significantly reduce the cost of launching a rocket into space for the corporate sector ” says Misha Rudominskiy, Co-Founder and CEO of Promin' Aerospace.
Promin Aerospace technology is much cheaper than all alternatives on the market. A suborbital and orbital launch will cost up to $200,000. Key customers can be international corporations that want to build a business in Ukraine.
$500 thsd Investments on Ukrainian Nano-Rocket
Friday, June 18, 2021
1 MIN
Ukrainian startup “Promin Aerospace” attracted funding from the QPDigital venture fund. The first launch of the rocket is scheduled for 1.5 years
You will be interested
Thursday, July 20, 2023
Aviation Real Estate: Purchase a Runway or Private Airport in Ukraine
Investing in aviation real estate by purchasing a runway or private airport in Ukraine offers an exciting opportunity for individuals passionate about aviation and seeking unique investment prospects
Friday, September 13, 2024
Finland to Provide Ukraine with €118 Million Military Aid Package
Finland has announced its 25th military aid package to Ukraine, valued at approximately €118 million
Once a week we send a digest with the most popular articles
No spam, we promise
Thank you for subscribing