Specter Aerospace, a Middleton, MA-based defense contractor specializing in the field of plasma-assisted combustion and hypersonic propulsion, raised $9.5M in funding.
The funding comes from various defense contracts awarded by the DoD and equity investments from CS Ventures and Mandala Ventures.
The company intends to use the funds to develop and implement its technologies in both new and existing engines.
Led by CEO Felipe Gomez del Campo, Specter Aerospace, formally FGC Plasma Solutions, develops propulsion technologies with the aim to connect and protect at hypersonic speeds while also saving fuel across commercial applications. Its patented Plasma-Assisted Combustion platform, developed with support from the Argonne National Laboratory, utilizes plasma injection to stabilize combustion in high-output hypersonic, jet and rocket engines offering reduced emissions and fuel consumption.
The company is working with the Department of Defense and commercial clients to deploy the technology in early 2024.
FinSMEs
14/06/2023