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New Deal


Announced

Raytheon Technologies to invest in Hermeus.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Single Bidder

Minority

Pending

Friendly

Acquisition

aircraft and parts

Private

United States

Aerospace

Venture Capital

Synopsis

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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.

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