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Synopsis
Airbus Ventures, a venture capital company, completed the investment in Venus Aerospace, a startup aerospace company. Financial terms were not disclosed. “Venus has developed the world’s first liquid-propellant rotating detonation rocket engine with a double-digit percentage increase in efficiency over standard regular engines, making the hypersonic economy possible. We’re delighted to bring Airbus Ventures into the Venus family and look forward to growing our collaboration as we harness the future of hypersonic flight," Sassie Duggleby, Venus Aerospace CEO and Co-Founder.
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