A Brisbane-based hypersonics start-up has secured a $46 million investment boost, including $10 million from taxpayers, ahead of a planned NASA demonstration of its green scramjet technology.

Hypersonix Launch Systems, which had its origins in the University of Queensland’s Centre for Hypersonics, has designed an engine with no moving parts capable of propelling a vehicle up to 12 times the speed of sound.

The biggest single investor was High Tor Capital, which joined the likes of Saab and RKKVC in the Series A round of funding. Their stakes remained confidential, but one investor had a public duty to disclose its involvement.

Hypersonix chief executive Matt Hill and co-founder Michael Smart with a model of their Dart AE 001. Credit: Sarah Keayes/The Photo Pitch

The $46 million rai

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