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Raytheon Technologies’ New Venture Arm Invests In Hypersonic Aircraft Company Hermeus

Cal Biesecker By
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Raytheon Technologies’ New Venture Arm Invests In Hypersonic Aircraft Company Hermeus
Hermeus' remotely piloted hypersonic aircraft Quarterhorse. Photo: Hermeus

RTX Ventures, a capital investment group recently set up by Raytheon Technologies [RTX], on Thursday said it made a strategic investment in the start-up company Hermeus Corp., which is developing hypersonic aircraft for commercial and defense applications. The value of the investment wasn’t disclosed but is part of a $100 million Series B financing round announced in March that is led by investor Sam Altman and includes Founder’s Fund, In-Q-Tel, Khosla Ventures, Canaan Partners, Bling Capital, and the seed fund…

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