Promin Aerospace - About the company
Promin Aerospace is a seed company based in Kyiv (Ukraine), founded in 2021 by Vitaly Yemets. It operates as a Developer of technology for orbital launch of pico and nano satellites. Promin Aerospace has raised $500K in funding from QPDIGITAL. The company has 185 active competitors, including 59 funded and 10 that have exited. Its top competitors include companies like SpaceX, Skyroot and Astra.
Company Details
Developer of technology for orbital launch of pico and nano satellites. The technology uses gasification and subsequent burn of solid fuel tanks in the rocket engine. This method, along with pulsation combustion, reduces passive mass and scale factor impact. The technology aims to reduce space debris. It offers a launch service.
- Website
- prominaerospace.com
Key Metrics
Founded Year
2021
Location
Kyiv, Ukraine
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Ranked
80th among 185 active competitors
Employee Count
12 as on Sep 30, 2026
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Promin Aerospace's funding and investors
Promin Aerospace has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on Jun 22, 2021 for $*****. 1 investor participated in its latest round. Promin Aerospace has 2 institutional investors.
Here is the list of recent funding rounds of Promin Aerospace:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 22, 2021 | 7370114 | Seed | 7413477 | 5398543 | 1823297 | 4379783 |
View details of Promin Aerospace's funding rounds and investors
Promin Aerospace's founders and board of directors
Founder? Claim ProfileThe founders of Promin Aerospace is Vitaly Yemets.
Here are the details of Promin Aerospace's key team members:
- Vitaly Yemets: Co-Founder & CTO of Promin Aerospace. Contact Info: 1 email address
View details of Promin Aerospace's Founder profiles and Board Members
Promin Aerospace's employee count trend
Promin Aerospace has 12 employees as of Sep 26. Here is Promin Aerospace's employee count trend over the years:
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Promin Aerospace's Competitors and alternates
Top competitors of Promin Aerospace include SpaceX, Skyroot and Astra. Here is the list of Top 10 competitors of Promin Aerospace, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SpaceX 2002, Hawthorne (United States), Public | Provider of advanced aerospace and space transportation services | $11.9B | 84/100 | |
2nd | Manufacturer of orbital launch vehicles for small satellite deployment missions | $151M | 74/100 | ||
3rd | Astra 2016, Alameda (United States), Series B | Provider of launch services and electric propulsion systems for spacecraft | $137M | 72/100 | |
4th | Firefly Aerospace 2014, Cedar Park (United States), Public | Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles | $589M | 70/100 | |
5th | Relativity Space 2015, Inglewood (United States), Series E | Provider of AI-powered 3D printed launch vehicles for small payloads | $1.34B | 67/100 | |
6th | Blue Origin 2000, Kent (United States), Series D | Manufacturer of reusable launch vehicles for large payloads | $10B | 66/100 | |
7th | The Exploration 2021, Gauting (Germany), Series C | Developer of reusable space vehicles for cargo transport to space stations | $680M | 66/100 | |
8th | AgniKul Cosmos 2017, Chennai (India), Series C | Manufacturer of orbital launch vehicles for micro and nano satellites | $62.2M | 66/100 | |
9th | Rocket Factory Augsburg 2018, Augsburg (Germany), Series C | Manufacturer of orbital launch vehicles and flexible third stage systems | $33M | 64/100 | |
10th | Provider of reusable launch vehicles for small payloads | $473M | 63/100 | ||
80th | Promin Aerospace 2021, Kyiv (Ukraine), Seed | Developer of technology for orbital launch of pico and nano satellites | $500K | 30/100 |
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Promin Aerospace's Investments and acquisitions
Promin Aerospace has made no investments or acquisitions yet.
Reports related to Promin Aerospace
Here is the latest report on Promin Aerospace's sector:
News related to Promin Aerospace
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Ukrainian Startup Promin Aerospace to Send Historical NFTs Into SpaceBitcoin•Mar 23, 2023•Promin Aerospace, Metahistory Gallery
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Ukrainian spacetech start-up Promin Aerospace teams up with the Atlantic Spaceport ConsortiumEmerging Europe•Jan 25, 2022•Promin Aerospace
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