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The U.S. Air Force is investing in the Hermeus Corporation — a U.S. based aerospace
company — via a $60 million jointly funded contract that was awarded July 30, 2021.
(Hermeus)
WASHINGTON — The U.S. Air Force and several venture capital firms
are making a $60 million investment in Hermeus Corporation, a
Georgia-based startup that wants to develop the world’s first reusable
hypersonic aircraft.
The end goal: a passenger aircraft that can fly in excess of five times the
speed of sound, capable of traveling from New York to Paris in 90
minutes instead of the seven hours it takes most commercial airliners
today.
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Although the Air Force’s investment is small, relatively speaking, it could
give the service a window into the development of groundbreaking
technology and help broaden its base of potential suppliers.
The contract, awarded July 30, covers a period of three years and sets
five objectives for Hermeus, the Air Force said in an Aug. 5 statement
announcing the deal.
For instance, the company is tasked with building three prototypes of its
Quarterhorse aircraft, testing a full-scale reusable hypersonic propulsion
system and providing data to the Air Force that it can use in future war-
gaming efforts.
The company has already built and tested a subscale hypersonic engine
prototype and is working on a full-scale engine demonstrator, Aviation
International News reported in November 2020.
After the three year development effort, the Air Force will evaluate
Hermeus’ progress and determine next steps, the service said.
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Laboratory. “However hypersonic aircraft and propulsion systems are
truly game-changing and will revolutionize how we travel, just as
automobiles did in the last century. We are excited to be part of this
effort and to help propel this important technology.”
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