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Destinus

European defense company; lead/integrator of the Bliksem EXO exo-atmospheric interceptor consortium and maker of the Ruta cruise-missile family.

Destinus is building hydrogen-powered hypersonic aircraft for defense and commercial applications. The company's technology aims to enable Mach 5+ flight for rapid response, reconnaissance, and strike missions. Destinus has raised significant funding from European and institutional investors and is backed by the Swiss and French governments.

Overview

Headquarters
Payerne, Switzerland
Founded
2021
Employees
750
Total funding
~€400M
Valuation
CHF 650M (~$732M, Nov 2024)
Stage
Series B
Status
active
Domains
Hypersonic flight, Hydrogen propulsion, High-speed defense

Founders1

Investors6

Cap table0

Approximate ownership by holder. Indexed holders link to their records.

Raised per round

Raised: CHF 26.8M (~$29M)

Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.

HolderInstrumentOwnership
ACE & CompanyNew
Seed
~16.7%
Cathexis VenturesNew
Seed
~16.7%
Liquid2 VenturesNew
Seed
~16.7%
One Way VenturesNew
Seed
~16.7%
Quiet CapitalNew
Seed
~16.7%
Conny & Co.New
Seed
~16.7%

Contracts0

No linked records yet.

Programs0

No linked records yet.

Frequently asked

What does Destinus do?
Destinus is building hydrogen-powered hypersonic aircraft for defense and commercial applications. The company's technology aims to enable Mach 5+ flight for rapid response, reconnaissance, and strike missions. Destinus has raised significant funding from European and institutional investors and is backed by the Swiss and French governments.
Where is Destinus headquartered?
Destinus is headquartered in Payerne, Switzerland and was founded in 2021.
How much funding has Destinus raised?
Destinus has raised ~€400M in disclosed funding, at a most recent valuation of CHF 650M (~$732M, Nov 2024).
What does Destinus specialize in?
Destinus works across Hypersonic flight, Hydrogen propulsion, High-speed defense.

Tags

Sources & citations9

9 sources behind every claim

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