Promin Aerospace

The company was founded in January 2021 by Misha Rudominski and Vitaliy Yemets, with HQ in Kyiv. The company’s core product is a Zaarbird launch vehicle (payload capacity – 0,1-3 kg).

Promin Aerospace uses a proprietary method of gasification and subsequent burn of solid fuel tank material in the rocket engine, a method that reduces passive mass and scale factor impact.

In June 2021, the company raised $500 000 from QPDigital. At that time, Denis Valvachev (who is a Russian citizen) served as the QPDigital’s CEO and managing partner, but in July 2021, he left the fund and came back to Russia. The current managing partner of the GPDigital is Nikolay Shapovalov, who also has Russian citizenship.

Among the company’s potential customers are educational institutions, research centers, and private companies  interested in cheap space environment tests of their technologies. Currently, the company is mainly focused on customers from Europe. As a part of its international expansion plans, the startup signed a memorandum of understanding with the Atlantic Spaceport Consortium to carry out a launch from the Azores and the Atlantic Ocean. Additionally, they have prepared a memorandum with the UK’s Spaceport 1 to launch from Scotland.

According to the company, it will test a new engine with an improved design. Its first suborbital flight could be as soon as 2023. In 2025 Promin Aerospace will conduct the first orbital flight of its rocket for nano and picosatellites. The company’s engine is TRL 3-4.