NewRocket Revenue and Competitors

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Tel Aviv, Israel



Total Funding



Estimated Revenue & Valuation

  • NewRocket's estimated annual revenue is currently $2.7M per year.(i)
  • NewRocket's estimated revenue per employee is $147,600

Employee Data

  • NewRocket has 18 Employees.(i)
  • NewRocket grew their employee count by 125% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation

NewRocket: Gel Propellant Technology for Space and Aviation NewRocket is developing advanced, environmentally friendly ("Green Propulsion") rocket engines based on innovative gel-propellant technology. Conventional rocket engine technology in either solid or liquid form has many risks, including high toxicity, transportation challenges and produces rockets that are difficult to control or extinguish. NewRocket is developing proprietary gel technology enabling a stable and non-toxic engine propellant, without sacrificing performance and control. A "green propulsion" technology, NewRocket's gel propellant combines all the advantages of both liquid and solid propellants. Safe to use and transport, the propellant will improve rocket performance, offering a powerful thrust that can be controlled and extinguished when needed. NewRocket's gel propulsion technology is designed to meet the strictest industry regulations. The company has successfully completed a proof of concept for the proprietary technology and identified key applications for the aviation, space and power generation markets. Led by a team of experienced engineers and leading scientists, NewRocket is associated with the Technion – Israel Institute of Technology (, one of the world's top universities for science and technology research. Currently supported by a seed investment from Incubit Technology Ventures (, (owned and backed by Elbit Systems Ltd.), NewRocket is seeking strategic partnerships in the space and aviation markets. Engines on!



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NewRocket News

2022-04-17 - Israel closes crossing to Gazans after new rocket attacks

Israel closes crossing to Gazans after new rocket attacks · Tel Aviv · A policeman stands guard on the Palestinian side of the closed Erez border...

2022-04-17 - Mid Atlantic to Welcome New Rocket Launches to Space

Rocket Lab will launch three Electron missions for HawkEye 360, the first of which is expected to be the inaugural launch from Rocket Lab...

2022-04-06 - China launches three space missions, debuts new rocket ...

The new rocket variant is designed to haul payloads up to 4 metric tons, or 8,800 pounds, into a polar sun-synchronous orbit at an altitude...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding