
Neumann Space
An Australian company developing an efficient and scalable in-space electric propulsion system for satellites.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
* | AUD1.0m | Grant | |
Total Funding | 000k |
Related Content
Neumann Space is an innovative company specializing in the development of advanced plasma propulsion systems for satellites. Operating in the aerospace and defense market, Neumann Space serves satellite manufacturers and operators who require efficient and adaptable propulsion solutions for their missions. The core product, the Neumann Thruster, is a highly adjustable, efficient, and scalable electric propulsion system designed to optimize satellite performance. By offering higher fuel efficiency and adaptable power options, the Neumann Thruster allows for more operational capability and longer mission lifetimes. The business model is centered around selling these propulsion systems to satellite operators and manufacturers, generating revenue through direct sales and potential long-term service agreements. Neumann Space's technology eliminates the need for complex components like tanks, pipes, and moving parts, making their systems simpler and more reliable. The company also benefits from a narrow exhaust plume divergence, which allows for more payload volume.
Keywords: plasma propulsion, satellite missions, fuel efficiency, payload capacity, scalable systems, aerospace, defense, electric propulsion, satellite operators, Neumann Thruster.