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Venus Aerospace raises $90M Series B to build a new kind of rocket engine

CN
CitrixNews Staff
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Venus Aerospace raises $90M Series B to build a new kind of rocket engine

Build a new kind of rocket engine, and the world will beat a path to your door. Or at least that’s how it’s worked out for Venus Aerospace and its Rotating Detonation Rocket Engine (RDRE), an ultra-efficient way to hurl stuff into the sky.

The company was founded in 2020 by husband-and-wife duo, CEO Sassie Duggleby and CTO Andrew Duggleby, with the idea of developing clean-flying hypersonic jets for passenger travel. But after successfully demonstrating the engine last year, their plans changed.

Originally reported by TechCrunch. Read the full story at the original source.