What is Hermeus?
Hermeus is at the forefront of designing, building, and testing advanced high-speed aircraft, with a particular focus on high-Mach and hypersonic technologies. The company's strategic collaborations with the Department of War are aimed at ensuring a continued strategic advantage for the United States and its allies. Key products include the Quarterhorse, a rapidly reusable high-speed aircraft, and the Darkhorse, a multi-mission hypersonic uncrewed aerial system. Hermeus's proprietary hybrid engine technology is central to its ability to achieve unprecedented speeds, enabling aircraft to transition from takeoff to hypersonic flight efficiently.
How much funding has Hermeus raised?
Hermeus has raised a total of $527M across 4 funding rounds:
Series A
$17M
Grant
$60M
Series B
$100M
Series C
$350M
Series A (2020): $17M with participation from Sequoia Capital Operations LLC
Grant (2021): $60M led by US Air Force Recruiting
Series B (2022): $100M supported by Founders Fund, In-Q-Tel, and Sam Altman
Series C (2026): $350M featuring Georgia Tech Alumni Association, In-Q-Tel, Founders Fund, Destiny (D/XYZ, Khosla Ventures, Silicon Valley Bank, Canaan Partners, RTX, Cox Enterprises, Bling Capital, and 137 Ventures
Key Investors in Hermeus
Sequoia Capital Operations LLC
Sequoia Capital Operations LLC is a prominent venture capital firm known for investing in technology companies across various stages, from seed to growth. They are recognized for their active partnership with entrepreneurs to build market-leading companies globally.
RTX
RTX Corporation is a major aerospace and defense company that provides advanced systems and services. Their investment in Hermeus likely aligns with strategic interests in developing next-generation aerospace and defense technologies.
Founders Fund
Founders Fund is a venture capital firm that invests in companies poised to become the world's most important and valuable. They have a history of backing transformative technology companies, including those in the aerospace and defense sectors.
What's next for Hermeus?
The substantial enterprise-level funding and recent strategic investment signal a critical growth phase for Hermeus. This capital infusion is expected to accelerate the company's research and development efforts, scale its manufacturing capabilities, and further its mission to provide advanced aerospace solutions for national security interests. The company's trajectory suggests a strong focus on achieving key technological milestones and potentially expanding its product offerings to address a broader range of defense and national security applications. Hermeus is positioned to be a key player in the future of high-speed aviation.
See full Hermeus company page
