Announced
Financials
Tags
Domestic
Single Bidder
Minority
Pending
Friendly
Acquisition
aircraft and parts
Private
United States
Aerospace
Venture Capital
Synopsis
Raytheon Technologies, an aircraft manufacturing company, agreed to invest in Hermeus, a company developing hypersonic aircraft for defense and commercial applications. Financial terms were not disclosed. "Hypersonic technologies are of critical importance to national security, which is why we made our first investment in a company with such a bold plan and vision in this space. Hermeus' technical approach and business plan balances near-term defense applications with long-term commercial aspirations and will help our customers reimagine the possibilities of hypersonic technologies," Daniel Ateya, RTX Ventures Managing Director.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.