About Venus Aerospace
Venus Aerospace focuses on improving terrestrial travel by developing hypersonic flight technology. Their main product is a cost-effective engine designed to enable hypersonic speeds, which would allow for global travel in just one hour. This engine aims to connect the world more efficiently and enhance safety during travel. What sets Venus Aerospace apart from competitors is their specific emphasis on hypersonic flight for terrestrial use, rather than space exploration. The company’s goal is to make fast global transport a reality, benefiting a wide range of users, including business travelers, tourists, logistics companies, and governments.
Houston, TexasHeadquarters
2020Year Founded
$22.4MTotal Funding
SERIES_ACompany Stage
Automotive & Transportation, AerospaceIndustries
51-200Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Flexible Work Hours
401(k) Retirement Plan
Stock Options
Professional Development Budget
Risks
Competition from Velontra's cost-effective hypersonic engine could undercut market share.
Reliance on experimental 'rotating detonation' engine introduces significant technical risks.
Ambitious 2024 timeline for hypersonic platforms may lead to rushed development and failures.
Differentiation
Venus Aerospace focuses on hypersonic terrestrial travel, unlike most space-focused companies.
The company aims for one-hour global transport, a unique and ambitious goal.
Venus Aerospace's team includes PhDs and rocket scientists, ensuring strong technical expertise.
Upsides
Successful detonation ramjet ignition positions Venus as a leader in hypersonic propulsion.
CEO's appointment to Texas Space Commission enhances influence and access to resources.
Stargazer jet development places Venus at forefront of hypersonic passenger travel race.
Funding
Total raised$22.37 M
Latest valuation$100.00 M
StageSERIES_A
SERIES A
3/31/2022$20
$100.00 M$3
$15.00 M