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Venus Aerospace raises $91M to build its ‘detonation’ rocket engine

A Texas startup has raised $91m to build a rocket engine most of the industry once wrote off as too hard. Venus Aerospace announced a $91m Series B to develop its Rotating Detonation Rocket Engine, or RDRE. Mercury Fund led the round. The backers read like a defence roll-call. Lockheed Martin Ventures joined, alongside MESH, […] This story continues at The Next Web