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Rocket Factory Augsburg

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Developing rockets, micro-launchers and providing last mile delivery in space; a corporate spinoff from OHB

Augsburg, GermanyFounded 2018Space
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
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About Rocket Factory Augsburg

Rocket Factory Augsburg (RFA) is a German aerospace company established in August 2018 as a spin-off of the space technology group OHB SE. The company was co-founded by Jörn Spurmann, who serves as the Chief Commercial Officer, and Dr. Stefan Brieschenk, the Chief Operating Officer. They are joined by a leadership team that includes Hans Steininger, CEO of MT Aerospace, and Marco Fuchs, CEO of OHB SE. Spurmann brings a background in sales and business management within the space domain, while Brieschenk contributes his expertise in aerospace engineering, having previously worked at Rocket Lab and conducted research on scramjets.

RFA's core business is providing flexible, low-cost launch services for small satellites and payloads. The company targets the growing small satellite market, which includes clients in Earth observation, communications, and scientific research. Its business model centers on dramatically reducing launch costs by applying automotive-style serial production methods to rocket manufacturing and utilizing industrial off-the-shelf components. This strategy, which RFA dubs the "Henry Ford-moment for the space industry," aims to democratize access to space. The company offers a base price of around $3,000 to $4,000 per kilogram for a payload of up to 1,300 kg.

The company's primary product is the RFA ONE, a 30-meter-tall, three-stage launch vehicle. Its first stage is powered by nine "Helix" engines, while the second stage uses a single vacuum-optimized Helix engine. The Helix engine is a key technological differentiator, employing an oxygen-rich staged combustion cycle, a sophisticated design that increases efficiency by up to 7% and payload capacity by 30% compared to conventional open-cycle engines. The third stage, called "Redshift," is an Orbital Transfer Vehicle (OTV) that provides last-mile delivery, capable of precisely deploying multiple satellites into different orbits.

Significant milestones for RFA include the first successful hot-fire test of the Helix engine in 2021, qualifying the upper stage through a full-duration 280-second burn in 2023, and securing major funding, including an €11 million grant from the German Aerospace Center (DLR) and a €30 million investment from KKR in 2023. RFA has established its headquarters in Augsburg, Germany, a test site in Kiruna, Sweden, and secured an exclusive launch pad at SaxaVord Spaceport in Scotland. An anomaly during a first stage static-fire test in August 2024 resulted in the loss of the stage and a postponement of the maiden flight, which is now anticipated in 2025.

Source: Dealroom company data

At a glance

Founded
2018
Headquarters
Augsburg, Germany
Sector
Space

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • German Federal Ministry for Economic Affairs and Climate Action
  • German Aerospace Center
  • European Space Agency

Series A4 investors entered at this stage

  • KKR
  • Roemer Capital
  • Herzog & Söhne Ventures
  • Next Digital Group

Series B and later1 investor entered at this stage

  • OHB
Team profiled 27 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
20 countries with
team presence
🇩🇪 Germany72.4%
🇬🇧 United Kingdom5%
🇳🇱 Netherlands4.6%
🇫🇷 France2.8%
🇮🇹 Italy2.8%
Top 5 of 20 shown

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