Hypersonica raises a hundred million for deep strike
The funding will speed testing and production as Europe seeks sovereign long-range strike capability and reduces reliance on U.S. systems, the company said.
- Munich-Based Hypersonica raised €100 million in a new funding round led by venture capital firms Lightspeed and General Catalyst to accelerate development of hypersonic deep-strike missiles.
- Europe faces a critical capability gap in long-range strike since the war in Ukraine began, prompting the Trinity House Agreement between the United Kingdom and Germany to prioritize new ground-launched systems.
- The company tested its HS-1 prototype in February, reaching speeds above Mach 6 over 300 kilometres while reducing development costs by more than 80% against conventional approaches.
- Co-Founders Dr Philipp Kerth, chief executive, and Dr Marc Ewenz, chief technology officer, stated the funding supports creation of hundreds of engineering jobs across the United Kingdom and Germany.
- Washington is urging Europe to take greater responsibility for its own security, and Hypersonica's sovereign capability aims to "turn the needle on deterrence" without relying on foreign export controls.
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Hypersonica raises €100M to build hypersonic missiles for Europe
British-German defence startup Hypersonica has raised €100m in a Series B round to accelerate development of its hypersonic missile system. The weapons travel at more than five times the speed of sound, making them difficult to intercept. US investors Lightspeed and General Catalyst co-led the round, the company announced today, and existing investors Plural and […] This story continues at The Next Web
Hypersonica raises a hundred million for deep strike
Hypersonica, the British-German company developing hypersonic deep-strike systems for Europe, has raised €100 million in a Series B round co-led by Lightspeed and General Catalyst, money it will put into accelerating development. The post Hypersonica raises a hundred million for deep strike first appeared on UK Defence Journal.
The German-British Aerospace Company Hypersonica has attracted 100 million euros from American funds for the development of long-range hypersonic missiles. The leveraged funds from the Lightspeed and General Catalyst funds will accelerate the development of missiles capable of targeting strategic targets at great distances, transfer TASS with reference to Financial Times. The deal has resulted in a market value of about 700 million euros. "The d…
The Munich company Hypersonica wants to build hypersonic missiles for European deterrence within a very short time. American investors and a German minister apparently believe that it can work.
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