Hypersonica Raises €100M for a European Hypersonic Missile With No Named Buyer
The British-German startup has new money and one Mach 6 test flight behind an ITAR-free deep-strike missile, but no named buyer for it yet.
The British-German startup has new money and one Mach 6 test flight behind an ITAR-free deep-strike missile, but no named buyer for it yet.
Hypersonica has raised €100 million to develop European hypersonic deep-strike weapons, the British-German company announced Nov. 2. Lightspeed and General Catalyst co-led the Series B, with Plural, 201 Ventures and Germany's Federal Agency for Breakthrough Innovation continuing their backing.
Total funding now stands at around €125 million, Resilience Media reports. The company has not disclosed its valuation; the Financial Times, citing unnamed sources, put it at around €700 million.
Frequently Asked Questions
What did Hypersonica announce?
A €100 million Series B co-led by Lightspeed and General Catalyst, with Plural, 201 Ventures and Germany's SPRIND continuing, per the company's Nov. 2 announcement.
How much has the company raised, and at what valuation?
Around €125 million to date, according to Resilience Media. The company has not disclosed a valuation. The Financial Times, citing unnamed sources, reported around €700 million.
What has the HS-1 prototype actually done?
Hypersonica says it exceeded Mach 6 and flew more than 300 kilometers from Andøya Space in Norway on Feb. 3. Those figures are company claims. Sicherheit & Verteidigung describes the vehicle as single-stage.
Does Hypersonica have a customer?
None is named. Resilience Media says the company does not disclose specific customers, and Tech Funding News lists a named buyer among the items still missing.
Why does ITAR matter here?
ITAR is the U.S. export regime. UK Defence Journal says it gives Washington a say over where a weapon with U.S. components can go and how it can be used. Hypersonica describes its systems as free of it.
AI-generated summary, reviewed by an editor. More on our AI guidelines.
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Marcus Schuler
Marcus Schuler edits BattlePolicy, a daily defense-technology brief connecting the companies and capabilities behind modern war to the contest among Europe, the US, Russia, and China.