Boost-glide

Hypersonic Technology Market to Reach $12.18 Billion, Globally, by 2030 at 9.7% CAGR: Allied Market Research

Retrieved on: 
Wednesday, October 6, 2021

As per the report, the global hypersonic technology industry was pegged at $4.98 billion in 2020, and is expected to reach $12.18 billion by 2030, growing at a CAGR of 9.7% from 2021 to 2030.

Key Points: 
  • As per the report, the global hypersonic technology industry was pegged at $4.98 billion in 2020, and is expected to reach $12.18 billion by 2030, growing at a CAGR of 9.7% from 2021 to 2030.
  • Download Report (290 Pages PDF with Insights, Charts, Tables, Figures)at https://www.alliedmarketresearch.com/request-sample/14004
    Rise in number of territorial conflicts and surge in developments about deployment of hypersonic technologies have boosted the global hypersonic technology market.
  • The Covid-19 pandemic led to severe economic situations across the globe, which negatively affected the deployment of high investment technologies including hypersonic technology.
  • By end user, the air force segment dominated the market in 2020, contributing to more than one-third of the global hypersonic technology market .

Hypersonic Technology Market to Reach $12.18 Billion, Globally, by 2030 at 9.7% CAGR: Allied Market Research

Retrieved on: 
Wednesday, October 6, 2021

PORTLAND, Ore., Oct. 6, 2021 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Hypersonic Technology Market by Launch Mode (Air Launched, Surface Launched, and Subsea Launched), End User (Military, Air Force, Navy, and Space), and Type (Hypersonic Glide Vehicle, Hypersonic Cruise Missile, and Hypersonic Spaceplanes): Global Opportunity Analysis and Industry Forecast, 2021–2030". As per the report, the global hypersonic technology industry was pegged at $4.98 billion in 2020, and is expected to reach $12.18 billion by 2030, growing at a CAGR of 9.7% from 2021 to 2030.

Key Points: 
  • Surge in number of territorial conflicts and advent of new technologies drive the global hypersonic technology market.
  • As per the report, the global hypersonic technology industry was pegged at $4.98 billion in 2020, and is expected to reach $12.18 billion by 2030, growing at a CAGR of 9.7% from 2021 to 2030.
  • Download Report (290 Pages PDF with Insights, Charts, Tables, Figures)at https://www.alliedmarketresearch.com/request-sample/14004
    Rise in number of territorial conflicts and surge in developments about deployment of hypersonic technologies have boosted the global hypersonic technology market.
  • By end user, the air force segment dominated the market in 2020, contributing to more than one-third of the global hypersonic technology market .

Global Hypersonic Technology Markets, 2021-2031: Increasing Focus on Super Fast Intercontinental Travel - Jet-Powered Hypersonic Spaceplane, Stratofly MR3, LAPCAT A2, I Plane, HyperStar & Hexafly

Retrieved on: 
Wednesday, April 28, 2021

The report primarily focuses on providing market information on hypersonic technology covering various segments and countries.

Key Points: 
  • The report primarily focuses on providing market information on hypersonic technology covering various segments and countries.
  • The global hypersonic technology market is segmented on the basis of end-user, type, launch-mode, and countries.
  • The type segment is further segmented into hypersonic glide vehicles, hypersonic cruise missiles and space launch vehicles.
  • Data for each of these countries is provided in the market study.\nThe key market players in the global hypersonic technology market include Aerojet Rocketdyne Holdings Inc., The Boeing Company, Brahmos Aerospace Pvt.

DARPA Awards Lockheed Martin Hypersonic OpFires Phase 3 Contract

Retrieved on: 
Wednesday, January 15, 2020

ORLANDO, Fla., Jan. 15, 2020 /PRNewswire/ --The Defense Advanced Research Projects Agency (DARPA) awarded Lockheed Martin (NYSE: LMT) a $31.9 million contract for the Operational Fires (OpFires) Phase 3 Weapon System Integration program.

Key Points: 
  • ORLANDO, Fla., Jan. 15, 2020 /PRNewswire/ --The Defense Advanced Research Projects Agency (DARPA) awarded Lockheed Martin (NYSE: LMT) a $31.9 million contract for the Operational Fires (OpFires) Phase 3 Weapon System Integration program.
  • Lockheed Martin, DARPA and the U.S. Army, aims to develop and demonstrate an innovative, ground-launched, mobile, integrated weapon system that leverages DARPA-funded propulsion solutions and hypersonic boost glide technology.
  • The award for Phase 3 of the OpFires program will take the design from the initial requirements development through the Critical Design Review (CDR) in late 2021.
  • Lockheed Martin has played a significant role in the research, development and demonstration of hypersonic technologies for more than 30 years.

Raytheon, DARPA complete key design review for new hypersonic weapon

Retrieved on: 
Monday, July 29, 2019

TUCSON, Ariz., July 29, 2019 /PRNewswire/ --Raytheon Company (NYSE: RTN) and DARPA completed a successful baseline design review for the Tactical Boost Glide hypersonic weapons program, establishing the company's technical approach for a critical design review and moving the system a step closer to development and use.

Key Points: 
  • TUCSON, Ariz., July 29, 2019 /PRNewswire/ --Raytheon Company (NYSE: RTN) and DARPA completed a successful baseline design review for the Tactical Boost Glide hypersonic weapons program, establishing the company's technical approach for a critical design review and moving the system a step closer to development and use.
  • A boost glide weapon uses a rocket to accelerate its payload and achieve hypersonic speeds velocities greater than Mach 5.
  • During flight, the payload separates from the rocket and glides unpowered to its destination.
  • The U.S. military will use hypersonic weapons to engage from longer ranges with shorter response times and with greater effectiveness than current weapon systems.