RTX Ventures’ investment will support the build out of an autonomous Mach 5 jet called Quarterhorse. [Courtesy: Hermeus]
Key Takeaways:
Atlanta-based startup Hermeus secured an investment from Raytheon's corporate venture capital group, RTX Ventures.
The investment will accelerate Hermeus' development of autonomous Mach 5 aircraft, Quarterhorse and Darkhorse, for military applications and a planned hypersonic passenger jet.
This partnership highlights the growing importance of hypersonic technologies for national security and their potential to drastically reduce air travel times.
Atlanta-based startup Hermeus has a new partner in its efforts to develop hypersonic jets for military and civilian use: Raytheon (NYSE: RTX).
The aerospace and defense giant’s corporate venture capital group RTX Ventures announced Thursday it has made an unspecified investment in Hermeus to support building an autonomous Mach 5 aircraft dubbed Quarterhorse.
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Thom is a former senior editor for FLYING. Previously, his freelance reporting appeared in aviation industry magazines. Thom also spent three decades as a TV and digital journalist at CNN’s bureaus in Washington and Atlanta, eventually specializing in aviation. He has reported from air shows in Oshkosh, Farnborough and Paris. Follow Thom on Twitter @thompatterson.
