Adranos Closes $20 Million Series A Round

Adranos tactical-scale solid rocket motor test fire completed in 2021. (Credit: Adranos)

The solid rocket motor manufacturer will use the investment to advance R&D and scale its production capacity to meet growing customer demand

WEST LAFAYETTE, Ind. (Adranos PR) — Adranos, Inc, the West Lafayette, Indiana-based startup that manufactures next-generation solid rocket motors, today announced a $20 million Series A funding round with participation from Bob Bishop and other principals at Impala Asset Management LLC and several other entities, including Explorer1 Fund, Elevate Ventures, and Specific Impulse Capital. This round brings the total capital raised by the company to date to over $25 million.

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