the rise of HyPrSpace microphones, internationalization and export

France is hoping for one of its own mini launcher by 2026. HyPrSpace – for “Hybrid Propulsion for Space” – could achieve this a little sooner. Founded in 2019 by the three engineers Alexandre Mangeot, Sylvain Bataillard and Vincent Rocher, the start-up is already in the testing phase of its micro-launchers and aims to do so a first suborbital flight in 2024and a Orbital flight in 2025when it has gained enough speed to remain in orbit.

Dubbed the “French Space X” in the press, HyPrSpace hopes to launch within three years reusable microlaunchers capable of launching small satellites with a payload of up to 250kg. Many customers let themselves be seduced, such as telecom operatorbut also non-governmental organization and public actors who could use it, for example, to track down rogue ships responsible for degassing at sea or illegal fishing. “The applications are very diverse,” assures Alexandre Mangeot, CEO and co-founder of HyPrSpace.

A patented technology

Dozens of French startups are currently working on micro launchers, but HyPrSpace hopes to make a difference thanks to its patented technology, hybrid propulsion. A verily breakthrough innovation the combined Solid propulsion and liquid propulsion to develop cheaper and reusable engines. The technology is patented, and theirs patent expanded internationally.

“With a handful of other competitors around the world, we are the only ones interested in this technology. And our approach is unique. Compared to the 200 other micro-launcher projects worldwide, we are marginal,” summarizes Alexandre Mangeot.

Thanks to France 2030, HyPrSpace will receive an additional boost of around half a million euros.

Winner of the France 2030 call for projects.

A difference that has already seduced France. HyPrSpace is in fact one of the first winners of the France 2030 project call “Development of mini and micro launchers”. Endowed with 54 billion euros over five years, the Plan France 2030 wants to develop the country’s industrial competitiveness and the technologies of the future. Several areas of activity are affected, including space with a Handling of 1.5 billion euros.

“When we started work on our micro-launcher from our backyard in 2017, two years before the official launch of our company, we called for such an initiative. We’re here today,” welcomes Alexandre Mangeot.

Thanks to France 2030, HyPrSpace will receive an additional boost of around half a million euros. “Micro-launchers pose a major challenge for the country that has billions of euros worth of space, defense or civil infrastructure that is likely to be under attack,” recalls the HyPrSpace CEO. Having a reactive launch capability in space is therefore a crucial goal. »

Do you need money

And Alexandre Mangeot is convinced: the solution will comestartup ecosystem. “Space is far too expensive for large, established industrial structures to take the risk of entering the space race.innovation fracture,” he says. It’s up to the young shoots to take over.

But for that you need money. Lots of funds. The 80,000 euros in love money collected at the beginning of the HyPrSpace adventure, as well as the 2 million in seeds from the Geodesic fund, the French tech seed fund he manages Bpifrance the NACO fund of the Nouvelle-Aquitaine region and other investors will not be enough.

To switchprimer until industrialization, the Bordeaux start-up has to find new financing through fundraising and bank loans. “Some additional 30 million euros will be needed to achieve the first orbital flight and another 20 to 30 million euros to achieve that marketing », guesses the leader.

Leave a Comment