By Edward Robertson
A company specialising in hypersonic aircraft has just won $3 million in seed funding.
Venus Aerospace has been awarded the cash by scientific start-up investor Prime Movers Lab and will use it to continue work on its Mach 12 hypersonic aircraft.
The funding, combined with previous government investments, will go to the development of reusable and efficient advanced rocket engines and aerodynamic technologies.
If successful, the aircraft will be able to travel at the edge of space, cutting the flight time from Los Angeles to Tokyo to an hour.