Hermeus Secures $350M, Aims for Mach 5 Aircraft
Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Hermeus, a defense startup, secures $350M in funding, valuing it at $1B. Led by Khosla Ventures, the round includes Canaan Partners, Founders Fund, In-Q-Tel, and RTX Ventures. Hermeus switches to a modified Pratt and Whitney F100 engine, speeding up tests and securing DoD contracts. They recently flew a demonstrator and plan a supersonic version, aiming for Mach 5 speeds. The challenge: building a team of nearly 300 to produce full-scale planes annually.
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