Search

Hypersonic Testing Company Stratolaunch Raises New Capital

Hypersonic Testing Company Stratolaunch Raises New Capital
Stratolaunch's TA-2 hypersonic flight vehicle. Photo: Stratolaunch

Stratolaunch on Tuesday said it has “completed a significant capital raise” to accelerate its capabilities in providing hypersonic testing services for its customers. The amount of the raise was not disclosed. Elliott Investment Management, a new investor, and existing investor Cerberus Capital Management participated in the funding. Stratolaunch said the investment will be used to increase production capacity for its hypersonic flight vehicles, conduct more flights and obtain more aircraft to carry its flight vehicles, “enabling more frequent and operationally…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]


Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]


Army Taking ‘More Refined’ Approach On Push For Right To Repair Reforms, Obadal Says

After lawmakers decided against including major “right to repair” reforms in the latest defense policy bill, a senior Army official has said the service is continuing its push for authorities […]


Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]