Stratolaunch operates as a hypersonics technology accelerator, providing comprehensive testing capabilities that support national security priorities for the United States and allied nations. The company has designed and developed the first and only commercial, autonomous, reusable hypersonic aircraft, with multiple successful flights already completed.
The new capital will be used to increase hypersonic vehicle production capacity, raise flight cadence, and pursue additional carrier aircraft. These investments are aimed at enabling more frequent and operationally relevant demonstrations for the Department of War and its partners.
“At a time when speed, scale, capability, and execution matter more than ever, this investment enables Stratolaunch to move faster and think bigger,” said Zachary Krevor, President and CEO of Stratolaunch. “The United States does not have time for incrementalism. We’re building the infrastructure, vehicles, and flight capacity required to deliver hypersonic capability at a pace that matches the urgency of today’s threat environment.”
“We look forward to partnering with Cerberus and the Stratolaunch management team to support the growth of the company,” said David Kerko, head of global private equity at Elliott. “We are pleased that our capital can help extend the company’s market leadership in hypersonic testing services and enable its continued expansion.”
The investment aligns with the Administration’s call for defense contractors to prioritize the warfighter, remove barriers to fielding capability, and strengthen the domestic industrial base through speed and execution. Krevor added, “Credibility comes from demonstrated capability delivered at scale. We’ve already demonstrated hypersonic capability and now it’s time to deliver at scale.”
“We’re excited to welcome Elliott as a new partner alongside Cerberus, who has steadfastly supported our hypersonic mission,” Krevor said. “We’re proud to accelerate our mission and answer our country’s call for expanding hypersonic production capacity while increasing our nation’s hypersonic flight cadence.”
Michael Palmer, Cerberus’ Co-Head of Supply Chain and Strategic Opportunities, commented, “From the start, our focus at Stratolaunch has been disciplined execution, building an enduring business aligned with one of our country’s most important priorities. We’re proud to welcome a partner who shares that vision as the company expands to meet the urgent need for scaled hypersonics.”
