A British-German start-up, Hypersonica, has raised €100mn in a funding round co-led by Lightspeed and General Catalyst, valuing the company at approximately €700mn. The capital will accelerate the development of deep-strike hypersonic missiles as part of the UK-Germany Trinity House agreement. The project aims to produce advanced ground-launched weapons with a range exceeding 2,000km to enhance Europe's deterrence capabilities without relying on Washington.
Hypersonica CEO Philipp Kerth emphasized the necessity of these systems, noting the debate over Europe's defense needs is concluded. The company previously completed a successful hypersonic test flight and plans to enter full operations by 2029. The initiative involves pan-European missile maker MBDA and has gained urgency following US defense shifts.
The funding will create hundreds of engineering and manufacturing jobs across the UK and Germany, supporting a broader European push for precision-strike capabilities.
Source: Financial Times Companies · Summarized by HeadlinesBriefing