Hyprspace
- Company typePrivate
- Founded2019
- HeadquartersLe Haillan, France
- Headcount—
- GTM typeB2B
- OfferingServices
Hyprspace firmographics
Firmographics- Name
- Hyprspace
- Legal name
- HYBRID PROPULSION FOR SPACE
- Website
- https://hypr-space.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Ownership category
- akta.pro rank
Hyprspace industry classification
Industry- Product category
- Space Launch Services
- NAICS
- Guided Missile and Space Vehicle Manufacturing (336414), Guided Missile and Space Vehicle Propulsion Unit and Propulsion Unit Parts Manufacturing (336415)
- SIC
- Guided Missiles & Space Vehicles & Parts (3760)
- akta.pro primary industry
- Hybrid Rocket Engines (IMABADAG)
- akta.pro secondary industry
- Launch Vehicles & Orbital Rockets (IMABACAA)
Keywords
Where Hyprspace is headquartered
LocationHeadquarters
- HQ city
- Le Haillan
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Hyprspace business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Supply Chain
Revenue model
- Launch Services: Providing orbital and suborbital launch services for satellites. Offers multiple options: Dedicated Flight (customer flies solo with chosen orbit and timing), Lead Flight (customer defines destination with others joining), and Shared Flight (mutualized ride for routine missions). Targets picosats, cubesats, smallsats (<250kg), and medium satellites (>=250kg).
- Government and Defense Contracts: Major contracts with French government including CNES R2D2 (€50M for five launches), PADA1 project (€35M), and France 2030 funding. Dual-use technology serving civil and defense applications.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom launch service pricing based on payload and orbit requirements |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Hyprspace product offering
Product offeringCore offering
HyPrSpace develops and manufactures hybrid rocket engines using a patented pressure-fed propulsion architecture and produces launch vehicles to provide small satellite launch services. The company builds the Baguette One suborbital launcher and the OB-1 orbital launcher, and offers dedicated, lead, and shared launch services for small satellite operators and institutional customers such as CNES and the French Ministry of Defense (DGA).
Product overview
HyPrSpace offers a scalable hybrid rocket propulsion technology platform ('Baguettes') that serves as the core technology for their launch vehicle portfolio. The company provides multiple launch service options (Dedicated, Lead, and Shared Flights) supporting payloads ranging from Picosats to Medium satellites (250kg+). Their product line includes Baguette One (suborbital launcher, 300kg payload, 2026 launch) and OB-1/OB-1 Mk1 (orbital microlauncher, 235kg to LEO, 2027 orbital launch). The patented hybrid technology combines simplicity (30x fewer parts than traditional engines), robustness (no turbopumps), and thrust modulation while remaining cost-effective and sustainable using recycled HDPE fuel.
Differentiator
Problem solved
Functional benefit
Products and services
- Baguette One Suborbital launcher built on HyPrSpace's hybrid rocket propulsion technology, intended to provide access to microgravity and suborbital flight for institutional and commercial customers.
- OB-1 Orbital launcher based on HyPrSpace's hybrid rocket propulsion platform, designed to deliver small satellites to low Earth orbit.
- Launch Services Small satellite launch services offered in dedicated, lead, and shared flight configurations to commercial satellite operators and government/defense agencies, using HyPrSpace's hybrid rocket launchers.
Quantifiable outcome
- 40% reduction in launcher cost through turbopump-less architecture
- +4 more outcomes
Companies that use Hyprspace
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles2 records
Hyprspace technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Hyprspace partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and major.
- CNES (Centre National d'Études Spatiales)coreR2D2 commercial contract with CNES for five launches carrying payloads up to 235 kg to Low Earth Orbit. First commercial contract, worth approximately €50 million, supporting France's strategic access to space autonomy.
- Telespazio FrancemajorPADA1 consortium partner. Telespazio France developing ground infrastructure service from launcher delivery at factory to payload insertion into orbit, leveraging Kourou spaceport experience.
- DGA (Direction Générale de l'Armement)coreLong-standing partnership for test campaigns at DGA Essais de missiles site in Saint-Médard-en-Jalles (Girondin). Historic collaboration enabling first private civil launch from mainland France. DGA provides missile-test infrastructure and expertise.
- CT EngineeringmajorPADA1 consortium partner. Contributing 30 years of expertise in launcher system design, optimization, mission analysis, and trajectory design.
- ESA (European Space Agency)majorEuropean Space Agency providing institutional support and validation for HyPrSpace's hybrid propulsion technology development.
- Nouvelle-Aquitaine RegionmajorRegional support for HyPrSpace under Programme Opérationnel FEDER/FSE 2021-2027. NACO co-investment fund also created on Region's initiative.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
Hyprspace competitors and assessment
Company assessmentEmerging players
- Relativity Space: US-based launch startup using 3D-printed rockets (Terran 1, Terran R) for small to medium payloads. Comparable as a venture-funded launch disruptor targeting cost reduction through manufacturing innovation.
- SpaceForest: Polish rocket company developing small launch vehicles and hybrid propulsion technology. Comparable emerging player with hybrid propulsion overlap relevant to HyPrSpace's engine approach.
- Firefly Aerospace: US small/medium-lift launch provider operating Alpha rocket for smallsat customers. Comparable emerging player with similar government and commercial customer profile and orbital scale.
Direct peers
- Orbex: UK-based micro-launcher developing the Prime orbital rocket with biopropane propulsion. Comparable European smallsat launch competitor targeting similar institutional and commercial customers.
- PLD Space: Spanish microlauncher developing Miura 1 (suborbital) and Miura 5 (orbital smallsat launcher). Closest European competitor pursuing the same smallsat launch customer base and institutional backing.
- Rocket Lab: Public US/New Zealand-based small satellite launch operator with Electron (smallsat) and Neutron (mid-lift) rockets. Most direct comparable in smallsat launch services with established flight cadence and commercial backlog.
- Skyrora: UK-based smallsat launch provider developing the Skyrora XL orbital vehicle using staged combustion technology. Comparable in smallsat launch services targeting European institutional customers.
- Rocket Factory Augsburg (RFA): German microlauncher developing the Spectrum launch vehicle for smallsat orbital missions. Direct European competitor targeting the same smallsat market segment with planned launches from SaxaVord and Kourou.
- Isar Aerospace: German microlauncher developing Spectrum-class rockets for smallsat launches from Andøya, Norway. Direct European competitor in the smallsat launch market with similar institutional backing and stage of development.
Broad incumbents
- Arianespace: European launch incumbent operating Vega-C and Ariane 6. Broad incumbent offering overlapping smallsat capabilities (Vega-C) within a much wider launch portfolio, and a key institutional partner/competitor for European space sovereignty.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Hyprspace social profiles
Digital presenceHyprspace financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hyprspace leadership team
Management profileNumber of profiles
Profiles4 records
Hyprspace funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hyprspace M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hyprspace
What does Hyprspace do?
HyPrSpace develops and manufactures hybrid rocket engines using a patented pressure-fed propulsion architecture and produces launch vehicles to provide small satellite launch services. The company builds the Baguette One suborbital launcher and the OB-1 orbital launcher, and offers dedicated, lead, and shared launch services for small satellite operators and institutional customers such as CNES and the French Ministry of Defense (DGA).
Is Hyprspace a public or private company?
Hyprspace is a private company. It is classified as venture growth investor backed and is currently operating.
When was Hyprspace founded?
Hyprspace was founded in 2019.
Where is Hyprspace based?
Hyprspace is headquartered in Le Haillan, France, in the Europe region.
How does Hyprspace make money?
Two revenue lines are on record. Launch Services are the primary driver. The others are government and Defense Contracts.
Who are Hyprspace's main competitors?
Emerging players on record are Relativity Space, SpaceForest and Firefly Aerospace. Direct peers are Orbex, PLD Space, Rocket Lab, Skyrora, Rocket Factory Augsburg (RFA) and Isar Aerospace. Arianespace is listed as a broad incumbent.
Does Hyprspace have an API?
No public API is recorded for Hyprspace.
What industry is Hyprspace in?
Hyprspace's product category is Space Launch Services. Its primary akta.pro industry code is IMABADAG, Hybrid Rocket Engines, with a secondary code of IMABACAA, Launch Vehicles & Orbital Rockets. Its NAICS code is 336414 and its SIC code is 3760.