Funding rounds
Announced	Stage	Amount	Valuation	Lead investors	Other investors	Confidence
Oct 28, 2025	Series A	~$30.1M	—	High Tor Capital	National Reconstruction Fund Corporation, Saab	Confirmed
Aug 18, 2025	Series A	Undisclosed	—	High Tor Capital	Saab	Confirmed

Series A
Led by High Tor Capital
With National Reconstruction Fund Corporation, Saab
Confirmed
~$30.1M
Oct 28, 2025
Series A
Led by High Tor Capital
With Saab
Confirmed
Undisclosed
Aug 18, 2025

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems4

DART AE

Hypersonix scramjet-powered hypersonic test vehicle.

Prototype

Unveiled: Nov 2021
First flight: Feb 27, 2026

Delta Velos

A fully reusable hypersonic flight system intended for scramjet‑powered access to space.

Maturity not rated

SPARTAN

A reusable, hydrogen‑powered, fixed‑geometry hypersonic scramjet engine.

Maturity not rated

VISR

A reusable aircraft under development for hypersonic flight testing.

Maturity not rated

Newest unveiled first. Open a system for its milestone timeline, components and sources.

People4

All 4 people →

Michael Smart · LinkedIn ↗
Founder and Chief Technology Officer
David Waterhouse · LinkedIn ↗
Chief Executive Officer
Matt Hill · LinkedIn ↗
Chief Executive Officer
Nick Lindsay · LinkedIn ↗
Chief Operating Officer

Sources13

Show all 13 sources and supporting evidence

Profile4

1
CompanyHypersonix Launch SystemsLinkedIn iconLinkedIn icon
Hypersonix Launch Systems · Supports Organization · description, Organization · name, Organization · website
“Hypersonix is Australia’s leading aerospace engineering, design and build company, specialising in hypersonic technology and scramjet engines.”
2
DatabaseHypersonix Launch Systems - PitchBook company profile
PitchBook · Supports Organization · employee range, Organization · founded year, Organization · linkedin url, Organization · x url
“employee_range: 51-200 (profile: 73)”
3
DatabaseSixth-Domain public startups directory
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Australia", "hq_iso2": "AU", "id": "75f96c16-9802-400c-8f80-7c4cf570e6d8"}”
4
DatabaseHypersonix Launch Systems - LinkedIn company profile
LinkedIn · Supports Organization · employee range, Organization · linkedin url
“employee_range: 51-200 (profile: 51-200 employees)”

Systems4

5
CompanyMISSION SUCCESS: Australian Hypersonic Pioneer Achieves First Flight
Hypersonix Launch Systems · Feb 28, 2026 · Supports System
“has successfully completed the first flight of its DART AE hypersonic aircraft, marking a major milestone in the development of advanced hypersonic systems.”
6
CompanyDelta Velos | Technology | Hypersonix Launch Systems
Hypersonix Launch Systems · Supports System
“Delta Velos This fully reusable hypersonic flight system will enable scramjet-powered access to space, from any launch site. Engineered for rapid mission deployment, time to launch will be measured in days, not months”
7
CompanySPARTAN | Technology | Hypersonix Launch Systems
Hypersonix Launch Systems · Supports System
“SPARTAN The world’s first reusable, hydrogen-powered, fixed-geometry hypersonic scramjet engine that delivers reliable performance and faster lead times over more bespoke manufacturing methods”
8
CompanyVISR | Technology | Hypersonix Launch Systems
Hypersonix Launch Systems · Supports System
“VISR An Australian-designed and built aircraft being developed for hypersonic flight testing. Engineered as a reusable platform, this gives customers affordable, repeatable and frequent access to true hypersonic flight conditions”

Funding3

9
NewsHypersonix value jumps to $141m after government buys in
Australian Financial Review · Oct 28, 2025 · Supports Funding round
“as part of a capital raising that values the company at $141 million.”
10
CompanyNRFC makes first defence sector investment of $10 million to help aerospace startup Hypersonix Launch Systems develop its next generation scramjet engines
National Reconstruction Fund Corporation · Oct 28, 2025 · Supports Funding round · amount, Organization · ownership
“The NRFC’s funding is part of a $46 million Series A funding round, led by High Tor Capital with co-investment from QIC and global defence investors SaaB and RKKVC.”
11
CompanyScramjet Pioneer Michael Smart Secures Global Defence Investors for Hypersonix Ahead of NASA-Backed Hypersonic Flight
Hypersonix Launch Systems · Aug 18, 2025 · Supports Funding round
“has secured its first institutional investors in a tightly held Series A round.”

People2

12
CompanyHypersonix Launch Systems - team page
Hypersonix Launch Systems · Supports Role
“Nick Lindsay Chief Operating Officer”
13
DatabaseHypersonix Launch Systems - Crunchbase company profile
Crunchbase · Supports Organization · employee range, Organization · hq city, Organization · x url, Role
“employee_range: 51-200 (profile: 51-100)”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.