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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 183 active competitors, including 58 funded and 11 that have exited. Its top competitors include companies like SpaceX, Skyroot and Firefly Aerospace.

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.
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Key Metrics
Founded Year
2021
Location
Kyiv, Ukraine
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
12 as on Jun 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
9326389
Seed
6990153
6816847
9579674
6521984
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Promin Aerospace's founders and board of directors

Founder? Claim Profile
The founders of Promin Aerospace is Vitaly Yemets.
Here are the details of Promin Aerospace's key team members:

Promin Aerospace's employee count trend

Promin Aerospace has 12 employees as of Jun 26. Here is Promin Aerospace's employee count trend over the years:
Employee count trend for Promin Aerospace
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Promin Aerospace's Competitors and alternates

Top competitors of Promin Aerospace include SpaceX, Skyroot and Firefly Aerospace. Here is the list of Top 10 competitors of Promin Aerospace, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SpaceX
SpaceX
2002, Hawthorne (United States), Public
Provider of advanced aerospace and space transportation services
$11.9B
81/100
2nd
Logo for Skyroot
Skyroot
2018, Hyderabad (India), Series C
Manufacturer of orbital launch vehicles for small satellite deployment missions
$145M
73/100
3rd
Logo for Firefly Aerospace
Firefly Aerospace
2014, Cedar Park (United States), Public
Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles
$589M
70/100
4th
Logo for Astra
Astra
2016, Alameda (United States), Series B
Provider of launch services and electric propulsion systems for spacecraft
$137M
70/100
5th
Logo for Rocket Lab
Rocket Lab
2006, Long Beach (United States), Public
Provider of launch services, spacecraft design, manufacturing, satellite components, and software
$288M
69/100
6th
Logo for Agnikul
Agnikul
2017, Chennai (India), Series C
Manufacturer of orbital launch vehicles for micro and nano satellites
$75.5M
67/100
7th
Logo for Relativity Space
Relativity Space
2015, Inglewood (United States), Series E
Provider of AI-powered 3D printed launch vehicles for small payloads
$1.34B
65/100
8th
Logo for Stoke
Stoke
2019, Kent (United States), Series D
Manufacturer of reusable launch vehicles
$1.34B
65/100
9th
Logo for Orbex
Orbex
2015, Forres (United Kingdom), Deadpooled
Developer of launch system for small satellites
$158M
64/100
10th
Logo for The Exploration
The Exploration
2021, Planegg (Germany), Series B
Developer of reusable space vehicles for cargo transport to space stations
$210M
63/100
70th
Logo for Promin Aerospace
Promin Aerospace
2021, Kyiv (Ukraine), Seed
Developer of technology for orbital launch of pico and nano satellites
$500K
32/100
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Promin Aerospace's Investments and acquisitions

Promin Aerospace has made no investments or acquisitions yet.

Reports related to Promin Aerospace

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