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Capital · Hypersonics

Hypersonica raises €100 million to accelerate hypersonic missile development

The Series B is more than four times February's round, with funds intended to increase testing cadence. Hypersonica aims to develop hypersonic deep-strike systems by 2029.

Hypersonica announced a €100 million Series B on Nov. 2, co-led by Lightspeed and General Catalyst. The company says the money will accelerate development of its deep-strike systems, increase testing cadence and expand operations across Europe.1

Hypersonica announced a EUR 100 million Series B

2nd November 2026

Series Bincrease testing cadenceplanned

The company says the Series B will accelerate development of deep-strike systems, increase testing cadence

hypersonic deep-strike systemsby 2029planned

Hypersonica aims to develop hypersonic deep-strike systems by 2029.

Hypersonica

Sources
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The larger round is meant to fund work toward capabilities beyond the speed and range reported in February's flight.1, 3 Hypersonica aims to develop hypersonic deep-strike systems by 2029.1

Existing investors Plural, 201 Ventures and SPRIND, Germany's Federal Agency for Breakthrough Innovation, participated in the new round.1 The Series B is more than four times the €23.3 million Series A announced in February.1–2

In February, Hypersonica conducted its first hypersonic test flight at Andøya Space in Norway.1, 3 The company says the prototype reached speeds above Mach 6 over a range exceeding 300 kilometers.1

In February, Hypersonica described successive test flights aimed at achieving hypersonic flight, then demonstrating advanced flight control at hypersonic speeds. The plan then called for complex maneuverability and full mission requirements.3 The company intends to increase testing cadence but has not specified flight counts or test dates in the financing announcement.1

Sources (3)
  1. Hypersonica: Hypersonica raises €100M Series B to build Europe's sovereign deterrence, Nov. 2, 2026 www.hypersonica.com
  2. Hypersonica: Hypersonica raises €23.3 million Series A, Feb. 10, 2026 www.hypersonica.com
  3. Hypersonica: Hypersonica successfully tests Europe's sovereign hypersonic missile prototype, Feb. 10, 2026 www.hypersonica.com
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Industry · Munitions

L3Harris looks to 3D-printing firm Divergent to raise Red Wolf and Green Wolf output

Red Wolf is the launched effect the Navy picked in January for a Marine Corps strike munition. The companies' announcement names no parts, volumes, value or government order.

L3Harris and Divergent Technologies announced on Tuesday, Oct. 13, that they had signed a teaming agreement to scale production of what the companies call affordable mass munitions.1 They will initially seek to apply Divergent's additive manufacturing processes to L3Harris' Wolf Pack: Red Wolf, a kinetic vehicle for long-range precision strikes, and Green Wolf, an electronic warfare vehicle.1, 3

L3Harris and Divergent Technologies signed a teaming agreement to scale production

The companies will initially seek to use Divergent's additive manufacturing processes for L3Harris' Wolf Pack family of munitions

DivergentDAPS manufacturing platform
Red Wolfkinetic vehicle for long-range precision strikes
Green Wolfelectronic warfare vehicle

L3Harris announced Naval Air Systems Command selected it to develop, test and manufacture Red Wolf vehicles for the Marine Corps' Precision Attack Strike Munition program

L3Harris looks forward to exploring collaboration with Divergent to increase production of its systems

Source: L3Harris releases (Oct. 13, 2026 and Jan. 30, 2026); L3Harris and Divergent websites. Data as of Oct. 13, 2026.

Sources
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Red Wolf already has a production path. In January, Naval Air Systems Command selected L3Harris to develop, test and manufacture Red Wolf vehicles for the Marine Corps' Precision Attack Strike Munition program.2 L3Harris has spent more than two decades on its own additive manufacturing for rocket engines and defense systems.4 For the Wolf Pack, it will seek to use an outside firm's processes.1

Divergent designs, builds and assembles structures on its DAPS platform, and says its factories run without fixed tooling, so different products can come off the same platform on the same day.1, 5 It has announced a delivery of fuselages with Saab and launched Venom, an autonomous strike aircraft, with Mach Industries; the companies say Venom went from concept to flight in 71 days.5

Quinlan Lyte, president of Advanced Effects in L3Harris' Missile Solutions business, said the company looks forward to "exploring how we can collaborate with Divergent" to increase production. Lukas Czinger, Divergent's chief executive, said it looks forward to partnering with L3Harris to apply DAPS "to production programs today."1

The agreement puts a prime's named munitions family alongside the projects Divergent has publicized with Saab and Mach Industries.1, 5 A disclosed Divergent part or volume for Red Wolf, which L3Harris was selected to manufacture for the Marine Corps, would be the first evidence the exploration has become supply work.1–2

Sources (5)
  1. L3Harris: L3Harris and Divergent Sign Teaming Agreement to Increase Production of Affordable Mass Munitions (Oct. 13, 2026) www.l3harris.com
  2. L3Harris: US Navy Selects L3Harris Red Wolf for Precision Attack Strike Munition Program (Jan. 30, 2026) www.l3harris.com
  3. L3Harris: L3Harris' Pack of Launched Effects www.l3harris.com
  4. L3Harris: Additive Manufacturing www.l3harris.com
  5. Divergent www.divergent.us

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Capital

CesiumAstro closes $730 million round to support its own planned satellite constellation

The space communications supplier plans a 737-satellite constellation that would take it into operating its own infrastructure. Janus Henderson led the equity round.

CesiumAstro announced Nov. 5 that it closed $730 million in Series D financing. The round valued the company at more than $4.5 billion.1

CesiumAstro raises capital to support its planned satellite constellation

Series D financing and Synchronicity plans, announced Nov. 5, 2026

$730MClosed Series D financing
737 satellitesPlanned Synchronicity constellation

CesiumAstro says the capital will support Synchronicity deployment alongside technologies, manufacturing expansion, spacecraft development and international growth.

Source: CesiumAstro, Nov. 5, 2026. As of Nov. 6, 2026.

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Synchronicity would extend CesiumAstro's business from supplying space technologies and complete spacecraft to developing and operating its own space infrastructure. The planned 737-satellite constellation is intended for commercial, sovereign and defense missions.1

Janus Henderson led the equity round, with participants including Insight Partners, Sands Capital and Magnetar. The announcement also lists $100 million in debt financing through the Export-Import Bank of the United States and JPMorgan, without specifying whether that amount is included in the $730 million.1

CesiumAstro acquired Jariet Technologies, 1Aardvark and Vidrovr in the past 12 months, bringing together semiconductor, mission software and artificial intelligence capabilities.1

The company says the capital will support Synchronicity deployment alongside advanced technologies, U.S. manufacturing expansion, spacecraft development and international growth. It also announced a $500 million investment over five years to expand its Austin headquarters, including advanced manufacturing space.1

Sources (1)
  1. CesiumAstro, "CesiumAstro Secures $730 Million in Janus Henderson-Led Series D at a Valuation Above $4.5 Billion; Unveils Synchronicity Satellite Constellation Following Fully Successful Element-1 Mission," Nov. 5, 2026 cesiumastro.com