Venus Aerospace
Headquarters: Houston
CEO: Sassie Duggleby
Website: Venus Aerospace
Founding date: 2020
Investment: $48 million
Venus Aerospace is a hypersonics company on track to fly reusable hypersonic flight platforms by 2024.
We design and manufacture hypersonic drones and spaceplanes for research, defense, and commercial missions.
Founders Sassie Duggleby and Andrew Duggleby
Strategic goals for 2024
We
will continue to test and fire our Rotating Detonation Rocket Engine (RDRE), which changes everything.
It is the world's most efficient rocket engine and it will unlock the hypersonic economy. We will continue to advance our Flight Test
As A Service capabilities, and our team will continue working towards the development of Stargazer, which offers one-hour global flights.
Lessons learned since founding
Deep tech requires a lot of money and patient
capital. So, finding the right partners for our journey is crucial. We are fortunate to have met and built relationships with incredible investors who are not only knowledgeable, but many have startup experience which means they are both wise and
supportive.
Government regulations and FAA language is a challenge as we are building new technology that no one has seen before. That means new laws need to be written in order for us to test our technology.
We are actively
involved with legislators and lobbyists. We aim to recruit and hire the best- so finding that talent is always hard. We source the right people through our extensive professional network, and through both universities and community involvement.
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