Sign In
Search
Advanced / Transformational Technology

Lockheed Martin Ventures Invests In Rocket Engine Startup Venus Aerospace

Cal Biesecker By
SHARE:
Lockheed Martin Ventures Invests In Rocket Engine Startup Venus Aerospace
Venus Aerospace Rotating Detonation Rocket Engine. Photo: Venus Aerospace

Venus Aerospace on Wednesday said it has received a strategic investment from Lockheed Martin’s [LMT] venture capital arm to help speed technology development. The value of the investment was not disclosed. Airbus Group’s ventures arm previously invested in Venus (Defense Daily, June 14, 2023). Venus in May said it successfully completed the first flight test of its rotating detonation rocket engine (RDRE), which the company is developing to enable hypersonic vehicles to take off from conventional runways (Defense Daily, May…

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.

Recommended

Advanced / Transformational Technology

Grid Aero Raises $20 Million As It Preps To Begin Flying Long-Range Cargo UAS

Advanced / Transformational Technology

DIU Soliciting For Deorbit Services, Containerized Drone Delivery, New Interceptor Sensors

Advanced / Transformational Technology

FMS Will Increase, Help U.S. Space R&D Efforts, COMSO Head Says

Navy/USMC

HELIOS Shipboard Laser System Successfully Tested In Counter-UAS Uses

Trending

Lockheed Offering Robinson’s R66 For Army’s Flight School Next, Moving To Phase III With Bell, M1
RTX Signs Framework Agreements With DoD To Increase Production On Five Munitions
Current F-35 Configuration Complicates Fielding Of APG-85 Radar
DoD Selects 25 Vendors To Compete In First Round Of Drone Dominance Program
Saudi Arabia, Israel Get Nod For $15.7 Billion In Combined U.S. Arms Sales

Contract Updates

R&M Government Services (Las Cruces, New Mexico) – $23,894,784

R&M Government Services,* Las Cruces, New Mexico, has been awarded a maximum $23,894,784 firm-fixed-price, indefinite-quantity contract for battery compartments. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in the Federal Acquisition Regulation 6.302-1. This…

L3Harris Technologies Inc. (Clifton, New Jersey) – $9,571,947

L3Harris Technologies Inc., Clifton, New Jersey, is being awarded $9,571,947 for a firm-fixed-price contract for the procurement of 74 radio frequency amplifiers in support of Navy F/A-18E/F/G aircraft. The contract does not include an option provision. All work will be…

Sikorsky Aircraft Corp. a Lockheed Martin Co. (Stratford, Connecticut) – $21,600,000

Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…

Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794

Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume