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Hermeus

High-speed and hypersonic aircraft development for defense and national security.

Hermeus is developing the world's fastest unmanned aircraft, powered by its hybrid turbine-ramjet Chimera engine. The company's Quarterhorse program builds reusable high-speed demonstrator aircraft, and its Darkhorse vehicle is a multi-mission reusable hypersonic UAS. Hermeus works directly with the US Department of War and has successfully flown two aircraft in under nine months. The company moved its HQ to El Segundo, CA in 2026.

Overview

Headquarters
El Segundo, CA
Founded
2018
Employees
~300
Total funding
$500M+
Valuation
$1B (Series C, Apr 2026)
Stage
Series C
Status
active
Domains
Hypersonic aircraft, High-speed propulsion, Unmanned systems

Founders5

Investors2

Cap table8

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

Raised per round

Valuation over time

Valuation: $1BRaised: $350M

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
AJ Piplica (Founder/CEO) & teamReinvested
Common
~13.3%
Other investors
Preferred
~13.3%
In-Q-TelReinvested
Preferred (Series C)
~13.3%
Sam AltmanReinvested
Preferred (Series C)
~13.3%
Founders FundReinvested
Preferred (Series C)
~13.3%
Canaan PartnersReinvested
Preferred (Series C)
~13.3%
Khosla VenturesReinvested
Preferred (Series C)
~13.3%
Employee option pool
Options
~6.7%

Contracts2

Programs1

Frequently asked

What does Hermeus do?
Hermeus is developing the world's fastest unmanned aircraft, powered by its hybrid turbine-ramjet Chimera engine. The company's Quarterhorse program builds reusable high-speed demonstrator aircraft, and its Darkhorse vehicle is a multi-mission reusable hypersonic UAS. Hermeus works directly with the US Department of War and has successfully flown two aircraft in under nine months. The company moved its HQ to El Segundo, CA in 2026.
Where is Hermeus headquartered?
Hermeus is headquartered in El Segundo, CA and was founded in 2018.
How much funding has Hermeus raised?
Hermeus has raised $500M+ in disclosed funding, at a most recent valuation of $1B (Series C, Apr 2026).
What does Hermeus specialize in?
Hermeus works across Hypersonic aircraft, High-speed propulsion, Unmanned systems.
Does Hermeus hold government contracts?
Defense Tech Atlas links Hermeus to 2 government contracts and 1 program.

Tags

Sources & citations6

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

  1. 1

    Raised $350M Series C at $1B valuation in April 2026; HQ moved to El Segundo

    TechCrunch: Hermeus raises $350M to build unmanned hypersonic fighters
    Reported2026-04-07
  2. 2

    Founded 2018 by AJ Piplica; HQ Atlanta (moved to El Segundo 2026); total $847M funding

    Atlanta Journal-Constitution: Hypersonic plane startup Hermeus moves HQ from Atlanta to California
    Reported2026-04-07
  3. 3

    Hermeus has raised over $500 million in total private capital; the April 2026 Series C was $350M ($200M equity led by Khosla Ventures plus $150M debt) at a $1B valuation

    Hermeus: Hermeus Reaches $1 Billion Valuation with $350 Million Raise
    Verified2026-04-07
  4. 4

    DIU scaled the Hermeus contract to $219M cumulative to demonstrate high-Mach flight with Quarterhorse

    Hermeus: Hermeus Scales DIU Contract to $219M
    Verified2026-05-28
  5. 5

    Zach Shore named Chief Executive Officer effective June 1, 2026; co-founder AJ Piplica remains Executive Chairman

    Hermeus: Hermeus Announces Executive Leadership Transition: Zach Shore Named CEO, AJ Piplica Remains Executive Chairman
    Verified2026-06-01
  6. 6

    Hermeus was founded in 2018 by AJ Piplica, Glenn Case, Skyler Shuford, and Michael Smayda; approaching 300 employees across Los Angeles, Atlanta, Jacksonville, and Washington DC

    Hermeus: Company — Hermeus
    Verified2026-07-26