Swiss startup raises $29 million to build a hypersonic commercial plane
Capitalism in space: Destinus, a new Swiss startup, has successfully raised $29 million in seed money to begin development of a hypersonic commercial plane.
Destinus is developing a vehicle that takes off and lands horizontally under the power of airbreathing jet engines. Once out of controlled airspace, Destinus’ hyperplane is designed to accelerate to hypersonic speeds with the help of a cryogenic hydrogen-fueled rocket engine, according to the company’s Feb. 8 news release.
Destinus has been testing airbreathing engines during flight tests of an unpiloted prototype. By the end of the year, the company aims to show its prototype can break the sound barrier
This company’s founding has an interesting backstory. Its founder, Mikhail Kokorich, was a major investor in the American space tug company Momentus. When the Defense Department forced him to sell his share in that company last year because he was not an American, he moved to Switzerland to form Destinus instead. Nor is this Kokorich’s only endeavors in commercial space. He has started a number of other small companies previously.
Don’t expect Destinus’s plane to fly in the near future. Though it has already flown a small scale prototype, the company only started to hire engineers in the past few months.
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Capitalism in space: Destinus, a new Swiss startup, has successfully raised $29 million in seed money to begin development of a hypersonic commercial plane.
Destinus is developing a vehicle that takes off and lands horizontally under the power of airbreathing jet engines. Once out of controlled airspace, Destinus’ hyperplane is designed to accelerate to hypersonic speeds with the help of a cryogenic hydrogen-fueled rocket engine, according to the company’s Feb. 8 news release.
Destinus has been testing airbreathing engines during flight tests of an unpiloted prototype. By the end of the year, the company aims to show its prototype can break the sound barrier
This company’s founding has an interesting backstory. Its founder, Mikhail Kokorich, was a major investor in the American space tug company Momentus. When the Defense Department forced him to sell his share in that company last year because he was not an American, he moved to Switzerland to form Destinus instead. Nor is this Kokorich’s only endeavors in commercial space. He has started a number of other small companies previously.
Don’t expect Destinus’s plane to fly in the near future. Though it has already flown a small scale prototype, the company only started to hire engineers in the past few months.
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
Where would a Swiss (small very mountainous land locked country) company test such a plane – the southwest US? Vertical takeoff/landing or not hypersonic in Switzerland means your over other airspace in no time.