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Business/Financial

Airbus Ventures Invests In U.S. Hypersonic Rocket Company Venus Aerospace

By Cal Biesecker

Wednesday, June 14th, 2023

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Airbus Ventures Invests In U.S. Hypersonic Rocket Company Venus Aerospace

Venus Aerospace RDRE Test, Spaceport Houston. Photo: Venus Aerospace

Venus Aerospace on Wednesday said that Airbus Ventures has joined the company’s team of investors, providing additional fuel to move its new rocket engine from the lab to the prototype stage. Houston-based Venus has developed what it says is the “world’s first liquid-propellant detonation rocket engine (RDRE), which the company also says offers “a double-digit percentage increase in efficiency over standard regular engines, making the hypersonic economy possible.” In October 2022, Venus said it was the first company to get…

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