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Venus Aerospace Stock

Private Company · Price from Hiive
$3.00 0.00 (0.00%)
As of Sep 6, 2026
2.39%
Valuation$777.98M1
Valuation DateJul 8, 2026
Implied Valuation$777.98M
Last Price$3.00
52-Week High$3.10
52-Week Low$2.93
YTD Return-3.23%
1-Year Return+2.39%
3-Year Returnn/a
Total Fundingn/a
Latest Round Amount$91M2
Latest RoundSeries B
Funding Roundsn/a
IPO StatusUnknown
Expected IPO Daten/a
Revenuen/a
Revenue Typen/a
P/S Ration/a

About Venus Aerospace

Venus Aerospace is a propulsion startup that builds rotating detonation rocket engines for defense and space applications. Its RDRE burns propellant in a continuous supersonic detonation wave, a design the company says is more efficient than conventional rocket engines. In May 2025 Venus completed the world's first flight test of a high-thrust RDRE. The company makes money by developing and supplying its propulsion systems to defense and space customers. Its backers include Lockheed Martin Ventures. Venus is also developing the VDR2, a detonation ramjet that combines the RDRE with a ramjet so a single engine can power an aircraft from takeoff to hypersonic cruise. The company was founded in 2020 by the husband and wife team of Sassie and Andrew Duggleby and operates from the Houston Spaceport.

Founded 2020
Country United States
CEO Sassie Duggleby
Founders Sassie Duggleby, Andrew Duggleby
Headquarters Houston, TX

Invest in Venus Aerospace

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News

Lockheed Martin and Venus Aerospace Collaborate to Advance Next-Generation Propulsion for Long-Range Precision Fires

DALLAS, July 21, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Venus Aerospace announced a joint technology development agreement to evaluate and mature Rotating Detonation Rocket Engine (RDRE)...

Other symbols: LMT
6 weeks ago - PRNewsWire

Venus Aerospace Strengthens Leadership Team to Mature RDRE Propulsion System, Scale Operations

Following its $91 million Series B, Venus Aerospace announced eight leadership hires and promotions across government affairs, product, and operations to commercialize its RDRE propulsion technology.

7 weeks ago - PR Newswire

Venus Aerospace Strengthens Leadership Team to Mature RDRE Propulsion System, Scale Operations

Following its $91M Series B, Venus Aerospace announced eight leadership hires and promotions including a new COO, CPO, and government affairs leaders to scale RDRE production.

7 weeks ago - Venus Aerospace

Defense Business Brief: Rocket engine startup eyes production

Venus Aerospace raised $91 million to expand manufacturing and hire talent as it pursues defense contracts for its rotating detonation rocket engine propulsion systems.

2 months ago - Defense One

Venus Aerospace Raises $91M to Mature the World's First Flight-Proven High-Thrust RDRE Into Full Propulsion Systems

Venus Aerospace closed a $91 million Series B led by Mercury Fund with participation from Lockheed Martin Ventures and others to scale its rotating detonation rocket engine from flight demonstration t...

2 months ago - Venus Aerospace

Venus Aerospace raises $91 million to scale rocket engine technology

Houston-based Venus Aerospace raised $91 million in a Series B round to expand development and production of its rotating detonation rocket engine for hypersonic and space applications.

2 months ago - SpaceNews

Venus Aerospace raises $90M Series B to build a new kind of rocket engine

Venus Aerospace closed a Series B round led by Mercury Fund with participation from Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital and Green Sands Equity. The...

2 months ago - TechCrunch

Venus Aerospace Selected as a 2026 Technology Pioneer by the World Economic Forum

The World Economic Forum named Venus Aerospace a 2026 Technology Pioneer, recognizing the company's rotating detonation rocket engine work among its cohort of early-stage technology companies.

2 months ago - Venus Aerospace

Lockheed Martin Ventures invests in rocket propulsion startup Venus Aerospace

Lockheed Martin Ventures took a strategic stake in Venus Aerospace following the company's May 2025 flight test of its rotating detonation rocket engine. The amount of the investment was not disclosed...

10 months ago - SpaceNews

Venus Aerospace Appoints Former NASA Leader to Its Board of Directors

Venus Aerospace appointed Pamela Melroy, former NASA Deputy Administrator, retired U.S. Air Force Colonel and former Space Shuttle commander, to its board of directors as the company works to scale it...

1 year ago - Venus Aerospace

For the first time in the US, a rotating detonation rocket engine takes flight

Venus Aerospace completed a short flight test of its 2,000-pound-thrust rotating detonation rocket engine at Spaceport America in New Mexico, believed to be the first flight of a high-thrust engine of...

1 year ago - Ars Technica

Texas Space Commission awards $26 million to five companies

The Texas Space Commission awarded Venus Aerospace $3.9 million to build a rocket engine test facility at the Houston Spaceport at Ellington Airport, supporting the company's hypersonic vehicle work a...

1 year ago - SpaceNews

Venus Aerospace Achieves First Ignition of "VDR2" Engine

Venus Aerospace successfully ignited its VDR2 detonation ramjet engine at equivalent takeoff speeds, marking its first rocket-based combined cycle test. The engine is designed to power flight from a s...

1 year ago - Venus Aerospace

Venus Aerospace Unveils Groundbreaking Detonation Ramjet Engine

Venus Aerospace unveiled the VDR2, a 2,000-pound-thrust detonation ramjet developed in partnership with Velontra that combines its rotating detonation rocket engine with a ramjet for flight up to Mach...

1 year ago - Venus Aerospace

Airbus Ventures Invests in Venus Aerospace

Airbus Ventures announces its investment in Venus Aerospace, a Houston-based hypersonic startup enabling cost-effective one-hour global transport. Joining Venus' team of investors, Airbus Ventures wil...

3 years ago - Business Wire