Investors appear to like a company with big space manufacturing ambitions
Varda's W-series spacecraft, reentering at speeds of Mach 25, serve as a test bed for advanced thermal protection materials, navigation, and sensors for hypersonic missiles.
Watch moment hypersonic jet 'Quarterhorse' makes first flight
Hermeus' CEO and co-founder AJ Piplica said: "MK 1 has redefined the pace of developing and flying new aircraft. I'm incredibly proud of what our team has accomplished."