Thrustme - About the company
Thrustme is a series A company based in Paris (France), founded in 2017 by Dmytro Rafalskyi. It operates as a Developer of electric propulsion systems and scientific instruments for spacecraft. Thrustme has raised $4.7M in funding from Europa. The company has 36 active competitors, including 10 funded and 4 that have exited. Its top competitors include companies like Exotrail, Orbion Space Technology and Morpheus Space.
Company Details
Developer of electric propulsion systems and scientific instruments for spacecraft. The company provides iodine-fueled electric propulsion for small satellite constellations. It offers reaction control systems using water propellant for precise maneuvering. The company also develops ionosphere generators for ground testing of space hardware.
- Website
- www.thrustme.fr/
- Email ID
- *****@thrustme.fr
- Registered Address
- 68 RUE HALLE 75014 PARIS
Key Metrics
Founded Year
2017
Location
Paris, France
Stage
Series A
Total Funding
$4.7M in 6 rounds
Latest Funding Round
Ranked
8th among 36 active competitors
Employee Count
67 as on Aug 31, 2026
Legal entities associated with Thrustme
Thrustme is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Thrustme CIN: 827453614 , France, Active | Feb 03, 2017 | - | - | - |
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Thrustme's funding and investors
Thrustme has raised a total funding of $4.7M over 6 rounds. Its first funding round was on Jun 16, 2017. Its latest funding round was a Grant (prize money) round on Aug 01, 2022 for $*****. 1 investor participated in its latest round. Thrustme has 4 institutional investors.
Here is the list of recent funding rounds of Thrustme:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 01, 2022 | 1902643 | Grant (prize money) | 7107665 | 4046390 | 7898885 | 2393771 |
2022 | 4250 | Grant (prize money) | 5323 | 6931 | 6809 | |
Mar 31, 2021 | 2839790 | Grant (prize money) | 4336070 | 3811607 | 1252666 |
View details of Thrustme's funding rounds and investors
Thrustme's founders and board of directors
Founder? Claim ProfileThe founders of Thrustme is Dmytro Rafalskyi.
Here are the details of Thrustme's key team members:
- Dmytro Rafalskyi: Co-Founder & CTO of Thrustme. Contact Info: 1 email address
View details of Thrustme's Founder profiles and Board Members
Thrustme's employee count trend
Thrustme has 67 employees as of Aug 26. Here is Thrustme's employee count trend over the years:
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Thrustme's Competitors and alternates
Top competitors of Thrustme include Exotrail, Orbion Space Technology and Morpheus Space. Here is the list of Top 10 competitors of Thrustme, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of electric propulsion systems and in-orbit services for spacecraft | $74.6M | 67/100 | ||
2nd | Orbion Space Technology 2016, Houghton (United States), Acquired | Developer of integrated Hall-effect propulsion systems for small satellite applications | $72M | 61/100 | |
3rd | Morpheus Space 2018, El Segundo (United States), Series A | Developer of electric propulsion systems for small satellite mobility solutions | $43M | 56/100 | |
4th | Developer of electric propulsion systems for satellites | $26.4M | 53/100 | ||
5th | ExoTerra 2011, Littleton (United States), Acquired | Developer of electric propulsion systems for microsatellites and spacecraft | $8M | 49/100 | |
6th | Accion 2014, Boston (United States), Series C | Developer of ion beam-based electric propulsion systems for satellites | $71.6M | 49/100 | |
7th | Magdrive 2019, Harwell (United Kingdom), Seed | Developer of electric plasma thrusters for spacecraft propulsion systems | $12.4M | 47/100 | |
8th | Developer of electric propulsion systems and scientific instruments for spacecraft | $4.7M | 42/100 | ||
9th | ienai SPACE 2019, Madrid (Spain), Series A | Developer of customizable propulsion systems and software for satellite maneuvering | $7.49M | 41/100 | |
10th | Developer of electric propulsion systems for small satellite mobility solutions | $5.6M | 40/100 |
Looking for more details on Thrustme's competitors? Click here to see the top ones
Thrustme's Investments and acquisitions
Thrustme has made no investments or acquisitions yet.
Reports related to Thrustme
Here is the latest report on Thrustme's sector:
News related to Thrustme
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ThrustMe + Marble Imaging + Reflex Aerospace form strategic partnership for on-orbit demo in 2026SatNews•Jul 24, 2025•Marble Imaging, Reflex Aerospace, Thrustme
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ThrustMe closes contract order with CNES for several off-the-shelf propulsion systemsSatNews•Feb 07, 2024•Thrustme, CNES
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ThrustMe surpasses 200 orders and doubles propulsion system orders in just four monthsThrustme•Oct 23, 2023•Thrustme
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3DCeram and ThrustMe partner for ceramic space componentsPIM International magazine•Jul 24, 2023•3DCeram, Thrustme
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ThrustMe selected to provide Turion Space with vital propulsion capacitiesThrustme•May 04, 2023•Thrustme, Turion Space
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ThrustMe NPT30-I2 iodine electric propulsion system launched on board the NorSat-TD satelliteThrustme•Apr 17, 2023•Thrustme
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Spire selects ThrustMe as propulsion provider for its new LEMUR satellitesThrustme•Sep 01, 2022•Thrustme, Spire
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ThrustMe expands its space propulsion manufacturing with a new industrial production lineThrustme•Jul 05, 2022•Thrustme
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