NewRocket Overview
- Year Founded
-
2014
- Status
-
Private
- Employees
-
11
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$1M
- Investors
-
3
NewRocket General Information
Description
Developer of rocket engines intended to provide advanced, environmentally friendly rocket-engine technology for the space market. The company's rocket engines utilize gel propellant that combines all the advantages of both liquid and solid propellants, is safe to use and transport, propellant improves rocket performance, offers a powerful thrust that can be controlled and extinguished when needed, and is designed to meet the industry regulations, enabling clients with eco-friendly rocket engines that are optimized for in-space applications, including satellites, tugs, landers, and other things.
Contact Information
Website
www.newrocket.co.ilCorporate Office
- 10 Giborei Israel street
- PowerBall
- Netanya
- Israel
Corporate Office
- 10 Giborei Israel street
- PowerBall
- Netanya
- Israel
NewRocket Timeline
NewRocket Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Later Stage VC | 10-Apr-2022 | $1M | Completed | Generating Revenue | ||
4. Accelerator/Incubator | 01-Aug-2021 | Completed | Generating Revenue | |||
3. Later Stage VC | 01-Aug-2021 | Completed | Generating Revenue | |||
2. Later Stage VC | 30-May-2020 | $1000K | $2.04M | Completed | Generating Revenue | |
1. Seed Round | 01-Sep-2014 | $1.04M | $1.04M | Completed | Startup |
NewRocket Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
A Preferred | ||||||||
A Ordinary |
NewRocket Comparisons
Industry
Financing
Details
NewRocket Competitors (4)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
RocketStar | Venture Capital-Backed | New York, NY | ||||
Equatorial Space | Venture Capital-Backed | Singapore, Singapore | ||||
Eutropia Aerospace | Corporation | Melbourne, Australia | ||||
Bellatrix Aerospace | Venture Capital-Backed | Bangalore, India |
NewRocket Patents
NewRocket Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240166573-A1 | Hypergolic composition | Pending | 25-Mar-2021 | ||
EP-4314208-A1 | Hypergolic composition | Pending | 25-Mar-2021 | ||
EP-3362357-A1 | Thrusting rockets for enhancing emergency autorotation | Inactive | 13-Oct-2015 | ||
US-20180319486-A1 | Thrusting rockets for enhancing emergency autorotation | Inactive | 13-Oct-2015 | ||
EP-3362538-A1 | Hypergolic system | Active | 13-Oct-2015 | C10L7/00 |
NewRocket Executive Team (7)
Name | Title | Board Seat |
---|---|---|
Zohar Schlagman | Co-Founder, Chief Technology Officer & Board Member | |
Benny Natan | Co-Founder & Chief Scientific Adviser | |
Moti Elyashiv | Co-Founder, Vice President of Business Development & Board Member | |
Eyal Cohen | Chief Executive Officer |
NewRocket Board Members (5)
Name | Representing | Role | Since |
---|---|---|---|
Moti Elyashiv | NewRocket | Co-Founder, Vice President of Business Development & Board Member | |
Rotem Kakon | Self | Board Member | |
Yossi Weiss | NewRocket | Chairman | |
Zohar Schlagman | NewRocket | Co-Founder, Chief Technology Officer & Board Member |
NewRocket Signals
NewRocket Investors (3)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Consensus Business Group | Asset Manager | Minority | ||
Elbit Systems | Corporation | Minority | ||
Incubit Technology Ventures | Accelerator/Incubator | Minority |
NewRocket FAQs
-
When was NewRocket founded?
NewRocket was founded in 2014.
-
Who is the founder of NewRocket?
Zohar Schlagman, Netta Cohen, Benny Natan, and Moti Elyashiv are the founders of NewRocket.
-
Who is the CEO of NewRocket?
Eyal Cohen is the CEO of NewRocket.
-
Where is NewRocket headquartered?
NewRocket is headquartered in Netanya, Israel.
-
What is the size of NewRocket?
NewRocket has 11 total employees.
-
What industry is NewRocket in?
NewRocket’s primary industry is Aerospace and Defense.
-
Is NewRocket a private or public company?
NewRocket is a Private company.
-
What is the current valuation of NewRocket?
The current valuation of NewRocket is
. -
What is NewRocket’s current revenue?
The current revenue for NewRocket is
. -
How much funding has NewRocket raised over time?
NewRocket has raised $4.54M.
-
Who are NewRocket’s investors?
Consensus Business Group, Elbit Systems, and Incubit Technology Ventures have invested in NewRocket.
-
Who are NewRocket’s competitors?
RocketStar, Equatorial Space, Eutropia Aerospace, and Bellatrix Aerospace are competitors of NewRocket.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »