Morpheus Space’s satellite thrusters are propelled forward with a $28M Series A

The booming satellite industry has been a boon for Morpheus Space, which produces a modular, electric propulsion system for small satellites.
Morpheus has raised a $28 million Series A, with which it intends to build a factory in Dresden, Germany, where it’s based, and to increase headcount. That will allow the company to ramp up production of its propulsion systems to meet exponentially growing demand in the smallsat market; since 2019, the number of small satellite launches has increased by nearly 450%.
In 2020, Morpheus launched its Nano Field Effect Electric Propulsion (NanoFEEP) thr

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