NewRocket
Environmentally Friendly Gel-propellant Rocket Engines
StartupNewRocket is a Netanya-based startup in the Aerospace, Defense & HLS sector, established in 2014. Environmentally Friendly Gel-propellant Rocket Engines. The company has raised a total of $3.2M across 3 funding rounds, currently at the A stage. NewRocket was founded by Moti Elyashiv and Zohar Schlagman. Key investors include Incubit Ventures, Consensus Business Group (CBG), Elbit Systems Ltd.. The company has 1-10 employees. Core technologies: Materials & Substances.
With $3.2M in total funding, NewRocket is a A-stage company operating in Aerospace, Defense & HLS. The company follows a B2B/B2G business model. Product stage: R&D. The company holds 1 patent.
- StageA
- ProductR&D
- ModelB2B, B2G
- Employees1-10
- HQNetanya
- DistrictCenter District
- Last Round$1.5M
- Incubit Ventures
- Consensus Business Group (CBG)
- Elbit Systems Ltd.
Moti ElyashivCo-Founder VP Business Dev
Zohar SchlagmanCo-founder & CTO
5 articles covered by sources including www.haaretz.com,
www.calcalistech.com,
spaceref.com,
www.israel21c.org.
What does NewRocket do?
NewRocket is developing proprietary gel technology that enables a stable and non-toxic engine propellant, without sacrificing performance or control. NewRocket's gel propellant combines the advantages of liquid and solid propellants. Safe to use and transport, the propellant will improve rocket performance, offering a powerful thrust that can be controlled and extinguished when needed. NewRocket's gel propulsion technology is designed to meet the strictest industry regulations. The company has successfully completed a proof of concept for the proprietary technology and identified key applications for the aviation, space, and power generation markets. NewRocket is associated with the Technion Israel Institute of Technology.
How much funding has NewRocket raised?
NewRocket has raised $3.2M in total funding across 3 rounds. The company is currently at the A stage. Key investors include Incubit Ventures, Consensus Business Group (CBG), Elbit Systems Ltd..
Who founded NewRocket?
NewRocket was founded in 2014 by Moti Elyashiv (Co-Founder VP Business Dev), Zohar Schlagman (Co-founder & CTO).
What sector is NewRocket in?
NewRocket operates in Aerospace, Defense & HLS, Space Tech, Space Components and Infra, Climate Tech, Energy Transition, Clean Energy Generation, Clean Industry Tech , Sustainable Materials & Circularity, Eco-Efficient Transportation & Logistics, Eco-Efficient Mobility Optimization & Logistics, Industrial Technologies, Material Innovations & Applications, with core technologies in Materials & Substances. Target customers: Industrial Manufacturing, Discrete Industries, Aerospace.
Where is NewRocket located?
NewRocket is based in Sderot Giborei Israel 10, Netanya, Israel, Center District.