Nominal raises $80M, lands $53M Air Force contract
Hardware testing platform Nominal closed Series B-2 at $1B valuation, then secured $53M Air Force IDIQ to standardize DoD test infrastructure, the real inflection point.
Hermeus Gets FAA Supersonic Green Light, Closes $350M Series C
Hermeus closed a $350M Series C and received FAA authorization for supersonic flights within 48 hours, positioning itself as the Pentagon's first commercially operated hypersonic testbed.
Hermeus hits $1B valuation on $350M Series C, Quarterhorse Mk 2.1 in flight
Hermeus closed $350M Series C led by Khosla Ventures, reaching unicorn status days after successfully flying Quarterhorse Mk 2.1—a delta-wing hypersonic demonstrator the size of an F-16—positioning the startup to move from prototype to DoD-ready production.
SpaceX Files for IPO: $1.75 Trillion Valuation, National Security Moat
SpaceX submitted a confidential IPO filing to the SEC on April 1, seeking a $1.75 trillion valuation and up to $75 billion in capital. The filing values a merged aerospace-AI enterprise built on military launch dominance and Starlink's near-10-million-user base.