Hermeus

Hermeus

Develops hypersonic aircraft for high-speed travel

About Hermeus

Simplify's Rating
Why Hermeus is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Aerospace

Company Size

201-500

Company Stage

Early VC

Total Funding

$216M

Headquarters

Atlanta, Georgia

Founded

2018

Overview

Hermeus is developing hypersonic aircraft capable of reaching speeds of Mach 5, which is over twice the speed of the Concorde. This means the aircraft can travel at approximately 3,800 miles per hour, significantly cutting down travel times. The company focuses on high-speed travel within the aerospace industry, targeting airlines and government agencies as potential clients. Hermeus generates revenue by creating and selling these advanced aircraft. A key milestone for the company was the successful testing of its hypersonic engine, which utilizes the Pratt & Whitney F100 turbine, showcasing their progress in development. Recently, Hermeus raised $100 million in a Series B funding round led by Sam Altman, reflecting strong investor confidence in their mission. The goal of Hermeus is to transform the future of air travel by making hypersonic flight a reality.

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Simplify's Take

What believers are saying

  • Hermeus raised $100 million in Series B funding, showing strong investor confidence.
  • The U.S. Department of Defense's investment in hypersonic tech could benefit Hermeus.
  • Advancements in heat-resistant materials enhance Hermeus' aircraft design and performance.

What critics are saying

  • Competition from Boom Supersonic could impact Hermeus' market share.
  • Regulatory challenges may delay Hermeus' new hypersonic test facility in Florida.
  • Technical failures during testing phases could impact investor confidence.

What makes Hermeus unique

  • Hermeus is developing Mach 5 hypersonic aircraft, faster than the Concorde.
  • The company successfully tested its hypersonic engine with Pratt & Whitney F100 turbine.
  • Hermeus partners with US Air Force and NASA for technology development.

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Funding

Total Funding

$216M

Above

Industry Average

Funded Over

4 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Paid family leave

Employer-paid health care

Stock options

Competitive salary

PTO

Team bonding

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

4%

2 year growth

4%
Securities.io
Feb 4th, 2025
Pre-Orders Growing For The Xb-1 As It Breaches Sound Barrier In Latest Test

Supersonic RebirthSince the beginning of air travel, the industry has always looked at ways to move more people quicker and/or cheaper. When supersonic flight was invented shortly after World War II, it was expected to progressively take over the industry, at least for long-distance flights, where the extra speed converted into a much superior user experience.It, however, did not turn out this way. While supersonic airplanes are very important in the military, civilian flights are still, to this day, mostly subsonic, taking more than half a day for intercontinental flights.This was due to a combination of factors, from excessive costs to the difficulty of dealing with sonic booms above populated areas. As a result, the last civilian supersonic flight was in 2003.And it might change, as a new company, the aptly named Boom Supersonic , just achieved its first supersonic flight in a test flight. And the orders for the supersonic plane are already piling up before even being commercialized.Supersonic FlyingThe term supersonic means that an object moves quicker than the speed of sound. This results in a phenomenon where the plane flies quicker than the noise it is generating

Teknovation
Jan 6th, 2025
Whisper Aero Makes Techcrunch’S List Of 51 Most Disruptive Start-Ups

Crossville-headquartered Whisper Aero Inc., which has raised $41.04 million, according to PitchBook, is one of 51 companies named to TechCrunchs most disruptive start-ups of 2024. The company, which was one... The post Whisper Aero makes TechCrunchs list of 51 most disruptive start-ups appeared first on Teknovation.biz.

U.S. Securities and Exchange Commission
Sep 24th, 2024
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

The Engineer
Sep 10th, 2024
New hypersonic test facility opens in Florida

US aerospace firm Hermeus has broken ground on a new facility in Florida for advanced testing on its hypersonic engine and aircraft.

Bizjournals
Jul 29th, 2024
JAA approves lease for hypersonic aircraft company at Cecil Airport

Hermeus intends to develop future aerospace propulsion systems for reusable hypersonic vehicles for the Department of Defense using four Cecil Airport facilities, records show.

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