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Founded Year

2021

Stage

Grant - II | Alive

Total Raised

$57.2M

Last Raised

$15.43M | 1 yr ago

About Destinus

Destinus operates as a private European aerospace company. It develops hypersonic aircraft for autonomous cargo delivery around the world. The company aims to push back the boundaries of supersonic and hypersonic aviation, hydrogen, dual-use technologies, and power generation. It focuses on the development of airplanes that combine aeronautical and space technologies, helping in the reduction of the time for intercontinental transport. It was founded in 2021 and is based in Payerne, Switzerland.

Headquarters Location

Aeropole 132

Payerne, 1530,

Switzerland

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Expert Collections containing Destinus

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Destinus is included in 2 Expert Collections, including Hydrogen Energy Tech.

H

Hydrogen Energy Tech

886 items

Companies that are engaged in the production, utilization, or storage and distribution of hydrogen energy. This includes, but is not limited to, companies that manufacture hydrogen, those that convert hydrogen into usable energy, and those that store and distribute hydrogen.

A

Aerospace & Space Tech

1,874 items

These companies provide a variety of solutions, ranging from industrial drones to electrical vertical takeoff vehicles, space launch systems to satellites, and everything in between

Latest Destinus News

What trends are steering the mobility landscaperight now, and how will they accelerate in 2024?

Jan 3, 2024

Tech.eu Tech.eu Insights creates insight and guides strategies with its comprehensive content and reports. Browse popular Insights content. From fast flights to reduced car ownership, and lower carbon emission The future of mobility is fast evolving, thanks to technological innovation, climate change goals, and an effort to reduce car ownership. Here's the second installment  — check out Part 1 first — featuring the mobility trends that I anticipate will grab our attention in 2024: Factory in a box will expand as a means to reduce R&D woes The last few years have been terrible for mobility hardware with factory shutdowns due to COVID-19, parts delays, and semiconductor shortages. But I see renewed interest in microfactories, especially in areas such as housing and mobility. SQUAD Mobility has developed a Distributed Microfactory concept in which the SQUAD will be assembled in factories worldwide, in local markets close to customers. This way, transportation costs and environmental impact can be minimised through efficient flat-pack supply chain logistics while combining the assembly with a local spare parts storage and hub. Additionally, local supply of components will be sought and increased. Helixx is another company developing this concept, with a 'Factory in a Box' solution that enables customers to build mini commercial electric vehicles anywhere in the world. Remote-operated vehicles will continue to scale successfully, but complete commercial autonomy lags While across the water, autonomous on-demand robotaxi company Cruise is in a world of pain , Europe’s slower approach to vehicle automation is reaping benefits and will continue to do so in 2024. Let’s get a bit of context. Europe is the land of roboshuttles, not robotaxis. This is in part because, in the US, 45 percent of people have no access to public transportation. The country is built far more on private vehicles rather than communal ones. In 2021, the US government announced a $108 billion investment into public transport, its largest to date. But it's rather underwhelming when you consider that VCs invested $80 billion from 2014 to 2017 in autonomous vehicles — and even more since. Image: EasyMile. Photo: uncredited. As a result, cities see autonomous ride-hailing as a way to get people away from car ownership. By comparison, operators like EasyMile gain permits to plug gaps in public transport services in Europe. The company has been able to replace conventional crewed electric buses with fully driverless L4 autonomous 12-seater shuttles across business parks, campuses, and public roads and also integrate its shuttles with public transport timetables and ticketing. In December, it announced an expansion of its autonomous shuttles on a 30-kilometre road network in the district of Kelheim. This will create the largest contiguous coverage of highly automated public transport in Europe to date. Europe is also the land of incremental innovation through remote controls. Image: Elmo. Photo: uncredited. . Image: Fernride. Photo: uncredited. In September, German autonomous electric trucking innovator Fernride announced a $19 million increase to its Series A funding, bringing the total round amount to $50 million. The company operates remote-controlled trucks on sites such as shipping yards. It's worth noting that overall, in Europe, OEMs are focusing on meeting their carbon emission targets, such as replacing ICE fleets with EVs — in preference to investing in autonomous vehicle tech. Companies to watch in 2024 Destinus (Switzerland) Image: Destinus. Photo: uncredited. I’ve been following Destinus for a while, as I am completely besotted with the idea of fast, long-distance travel powered by green hydrogen. Destinus wants to make it possible to fly to Singapore for a breakfast meeting or a quick weekend trip to the US due to flying at hypersonic speed, meaning they exceed five times the speed of sound. It's currently working on a prototype that will fly in 2024 powered by liquid hydrogen at an airport on the West Coast of France. Autoflight (Germany/China Will Autoflight be a contender to Europe's pioneers? The company has an R&D HQ in Augsburg, Germany, a composite material manufacturing plant in Jining/Shandong province and an operation and test centre in Napa County, USA. AutoFlight has achieved one of the world’s longest eVTOL flights in history with a distance of 250 km on a single charge of the aircraft’s lithium-ion batteries - 2 ´kilometres more than US company Joby in 2021. The company aims to become certified for passenger flights by the European Aviation Safety Agency (EASA) by 2025. Aerodymax (Austria) Did you know that over 50 percent of a truck's fuel is used to overcome aerodynamic drag when travelling at highway speeds? Aerodymax is a startup on a mission to reduce fuel consumption and truck emissions by up to 10% and decrease global emissions by over 100 million tons per year. Image: Autodymax. Photo: uncredited. It has developed a side-skirt for semi-trailers, which enhances the aerodynamics of semi-trucks. Clients report fuel consumption and emissions reduction of 3-5 percent, depending on operational speeds and savings in fuel costs ranging from €3000 to 5000 per vehicle per year. I’m not entirely sure what impact the skirts would have on electric trucks (which are also subject to loss of range due to drag), but this is a vital bridge between the masses of legacy trucks and the electric future. Pi-pop (France) Image: Pi-pop. Photo: uncredited. Pi-pop makes range anxiety a thing of the past by developing e-bikes that utilise regenerative energy. Pi-POP is equipped with technology which stores the energy produced by the user pedalling, descending a slope or braking and restores it as needed. Think of it like hypermiling for e-bikes. And even more importantly, the bikes are designed and manufactured in France. It's part of a bigger trend led by companies like Mokumono from the Netherlands to keep manufacturing and jobs in Europe at local factories. Damius (France) Image: Damicus. Photo: uncredited. Damius develops electric assist adult tricycles. While, like most ebikes, the tricycles are at a pretty high price point, I’d love to see a micromobility version — there’s precedent. Last month Lime launched a seated e-scooter and Veo and Superpedestrian have also developed more accessible escooters. Oxa (UK) You might be wondering where the UK’s autonomous vehicles are? Oxford-based autonomous vehicle software Oxa (formerly called Oxbotica) has developed a horizontal platform approach in which the software can be deployed in any vehicle, of any size, in any domain — from haul trucks to forklifts to specialised fleets. Organisations can drive value sooner by enabling autonomous operation on their existing electric vehicles without stranding their transportation assets. The company raised $140 million in Series C in January 2023. Lead image: Helixx.

Destinus Frequently Asked Questions (FAQ)

  • When was Destinus founded?

    Destinus was founded in 2021.

  • Where is Destinus's headquarters?

    Destinus's headquarters is located at Aeropole 132, Payerne.

  • What is Destinus's latest funding round?

    Destinus's latest funding round is Grant - II.

  • How much did Destinus raise?

    Destinus raised a total of $57.2M.

  • Who are the investors of Destinus?

    Investors of Destinus include Spanish Institute for Energy Diversification, Centro para el Desarrollo Tecnologico Industrial, Liquid 2 Ventures, ACE & Company, Conny & Co. and 6 more.

  • Who are Destinus's competitors?

    Competitors of Destinus include Silent Arrow and 4 more.

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