Fundraising Fox

Irocketusa

New York, US Β· 1 known investors

iRocket (Innovative Rocket Technologies Inc.) develops next-generation reusable rockets and advanced propulsion technology for aerospace and defense customers, including work with the U.S. Department of Defense. The company provides responsive launch and propulsion systems and is based in New York.

Founders & leadership

AM
Asad MalikCEO

Investors Β· 1

Non-dilutive funding Β· 3 SBIR/STTR awards

Federal grants β€” no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2023$1.8M
U.S. Air ForceAir ForcePhase II2020$1.5M
U.S. Air ForceAir ForcePhase I2020$49.8K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts β€” non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Irocketusa do?
iRocket (Innovative Rocket Technologies Inc.) develops next-generation reusable rockets and advanced propulsion technology for aerospace and defense customers, including work with the U.S. Department of Defense. The company provides responsive launch and propulsion systems and is based in New York.
Who founded Irocketusa?
Irocketusa was founded by Asad Malik.
Who are Irocketusa's investors?
Irocketusa's investors include Red Beard Ventures.
Where is Irocketusa headquartered?
Irocketusa is headquartered in New York, US.