Venus Aerospace raises USD 20 million Series A

Apr 4, 2022 · Funding · Venus Aerospace · Aerial

Venus Aerospace raised a USD 20 million Series A led by Prime Movers Lab to mature its hypersonic propulsion, vehicle and thermal-management technologies.

Venus Aerospace company media
Company media · Venus Aerospace
  • Prime Movers Lab led the round one year after Venus closed a USD 3 million seed financing.
  • The company planned engine and flight testing at Spaceport Houston and other U.S. propulsion facilities.
  • Venus described the programme as dual-use technology spanning commercial high-speed travel and defence applications.

Venus Aerospace is a U.S. propulsion company developing flight-proven rotating-detonation engines for defence and space systems.