:

Advanced / Transformational Technology

Startup Developing Electromagnetic Launch System For Hypersonic Testing Nabs Seed Funding

By Cal Biesecker

Tuesday, July 15th, 2025

SHARE:

Startup Developing Electromagnetic Launch System For Hypersonic Testing Nabs Seed Funding

Rendering of Auriga's electromagnetic launch platform. Image: Auriga Space

Auriga Space has raised $4.6 million in a seed round and garnered $1.4 million in additional U.S. government funding to accelerate the development of an electromagnetic launch platform for “lab-scale and recoverable hypersonic testing,” and eventually frequent launches into orbit. The seed round was led by the Netherlands OTB Ventures and the Small Business Innovation Research Contracts were awarded by the U.S. Air Force AFWERX and U.S. SpaceWERX innovation units. The Los Angeles-based company, which was founded in 2022 and…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]