The impact flash from hypervelocity impact on thin (12.5 µm) Kapton film was observed. The projectile sizes ranged from 0.1 to 1 mm, with speeds from 2 to 5 km s−1 and penetrated the Kapton intact, leaving holes the same size as the projectile (to within measurement errors). The flash intensity (normalised to impactor mass) scaled with impact speed to the power 5.5. However, the data also suggest that at constant speed the intensity scales with the area of the hole in the Kapton and not the projectile mass (i.e. with some property of the target and not as a function of the projectile energy or momentum). Using two layers of Kapton, it was possible to construct a Time of Flight (TOF) system, which used the time of the onset of the flash in each layer to produce flight speeds accurate to within typically 1%. When compared to the projectile speed pre-impact, there was no indication of projectile deceleration during passage through the Kapton film. In addition, when PVDF acoustic sensors were placed on the Kapton film, they exhibited an electromagnetic “pick-up” signal from the impact of projectile on the Kapton, confirming suspicions of signal interference from past work with acoustic sensors. The ability of the light flash to provide accurate impact timing signals suggests the TOF system would be suitable for use as a cosmic dust or debris impact detector in space (e.g. Low Earth Orbit).