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Destinus, the Swiss startup seeks funds for its hypersonic hydrogen cargo: from Dubai to New York in 2 hours

The next stage of the Destinus roadshow, the startup that is developing a hydrogen-powered hypersonic aircraft, will be in Italy in September. The goal is to raise capital to finance further development of the project, which is already well under way

Destinus, the Swiss startup seeks funds for its hypersonic hydrogen cargo: from Dubai to New York in 2 hours

The startup Destinus arrives in Italy with an extraordinary aircraft project hypersonic. That is, it is a vehicle capable of flying at a speed equal to 5 times the speed of sound (Mach 5). It is not intended for passengers, but for please and is capable of carrying a cargo from Dubai to New York in just 2 hours. destiny is a Swiss company and was founded in 2021 by Russian entrepreneur Mikhail Kokorich. Its prototype, thanks to hydrogen fuelling, could revolutionize the aviation industry making the environmentally friendly freight transport (without CO2 emissions) and super fast.

In February 2022, Destinus – which has offices in Switzerland, Germany, Spain and France – closed a first round of financing raising $29 million from North American, European, Asian and South American investors. Investors include Conny & Co, a Luxembourg VC fund investing in Europe and the fastest growing emerging markets such as LATAM, Southeast Asia or India, part of the Mountain Partners “House of Funds”, a global network of venture capital fund founded by Dr. Cornelius Boersch, who has joined the board of directors of Destinus.

The first hypersonic flight tests with hydrogen-powered prototypes

Last November was carried out the first flight test in the suburbs of Munich with the prototype Jungfrau, designed, built and tested in less than 4 months since the company was founded; while in April 2022 the start-up worked on the launch of the second prototype Eigerabout the size of a bus. In the coming months, Destinus intends to test prototypes powered by liquid hydrogen in southern Spain that will overcome the sound barrier.

The company is currently focused on development of his air-blast rocket engine which combines conventional jet engine and ramjet technologies. This key technology will power the Hyperplane from liftoff to high supersonic speeds and meet the need for fast and clean transportation while addressing major challenges facing aviation today, such as environmental stewardship, speed and range.

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