Hypersonica raises €100M to build hypersonic missiles for Europe
Hypersonica, a British-German defence company, has secured €100 million in Series B funding co-led by US investors Lightspeed and General Catalyst. The capital will accelerate development of the company's hypersonic missile systems, which travel at speeds exceeding Mach 5, making them difficult to intercept. Existing investors Plural also participated in the round.
Key points
- €100M Series B funding co-led by Lightspeed and General Catalyst
- Hypersonica developing hypersonic missiles for European defense
- Missiles travel at 5x+ speed of sound for improved penetration
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. The Next Web did the reporting; read the original for the full story.
Read the full story at The Next Web