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Pentagon Pours $68M Into Hypersonic Tech: Here Are Five Firms Building the Hardware

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USA News Group

Feb 19, 2026, 09:45 ET

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Issued on behalf of Starfighters Space

VANCOUVER, BC, Feb. 19, 2026 /CNW/ -- USANewsGroup.com News Commentary – The Pentagon's Joint Hypersonics Transition Office has awarded $68 million across six vendors to accelerate next-generation technologies capable of traveling faster than Mach 5[1]. The U.S. Army has begun fielding Dark Eagle, the nation's first operational ground-launched hypersonic weapon, with delivery expected to complete in early 2026[2]. Companies positioned at the intersection of commercial aerospace and defense testing include Starfighters Space (NYSE-A: FJET), Rocket Lab (NASDAQ: RKLB), Intuitive Machines (NASDAQ: LUNR), Kratos Defense & Security Solutions (NASDAQ: KTOS), and Joby Aviation (NYSE: JOBY).

Even private capital is flowing into the sector, with hypersonic testing companies securing major institutional investment to expand production capacity and flight cadence[3]. As traditional government test ranges struggle to keep pace with development timelines, commercial operators with flight-proven supersonic and hypersonic platforms are drawing serious attention from defense agencies and prime contractors alike.

Starfighters Space (NYSE American: FJET) recently completed wind tunnel testing for STARLAUNCH 1, the company's air-launched sub-orbital vehicle designed for short-duration microgravity missions. Testing evaluated separation behavior at Mach 0.85 and Mach 1.3 across ten successful runs, with results showing strong agreement between computational fluid dynamics predictions and experimental data.

The company has now initiated procurement of instrumented drop test articles to evaluate separation dynamics under actual flight conditions.

"Demonstrating clean, predictable separation across these flight regimes is a foundational requirement for an air-launched system," said Rick Svetkoff, CEO of Starfighters Space. "The close alignment between our simulations and the wind tunnel results gives us confidence in the underlying design and allows us to proceed methodically to the next phase of testing."

Starfighters also recently completed a supersonic flight test campaign for GE Aerospace, in which a Starfighters F-104 aircraft carried an advanced propulsion test vehicle at supersonic speeds during three captive carry missions from Kennedy Space Center.

The work supports GE Aerospace's Atmospheric Test of Launched Air-breathing System (ATLAS) program, which is focused on advancing solid fuel ramjet propulsion technology. The ATLAS program receives funding from the U.S. Department of Defense under Title III of the Defense Production Act.

"The Starfighters team provided a reliable, flight-ready supersonic platform that enabled us to conduct multiple captive carry flights in realistic atmospheric conditions," said Mark Rettig, VP and GM of Edison Works Business and Technology Development at GE Aerospace. "Commercially operated test aircraft like Starfighters play an important role in accelerating development timelines by allowing repeatable, flexible flight testing outside of traditional range constraints."

Starfighters believes its fleet of F-104 aircraft is the only commercial fleet in the free world capable of carrying underwing test payloads at speeds greater than Mach 2, or more than 1,500 miles per hour.

In other industry developments:

Rocket Lab (NASDAQ: RKLB) recently announced preparations for its fourth hypersonic test mission in under six months, a dedicated HASTE launch named Cassowary Vex for the Defense Innovation Unit and Hypersonix. The mission, scheduled from Launch Complex 2 at Wallops Island, Virginia, will deploy the scramjet-powered DART AE vehicle, with HASTE supporting flight profiles up to Mach 20.

Now the company has positioned its HASTE suborbital launch vehicle as a rapid, flexible platform for hypersonic and defense testing, offering an alternative to traditional government test infrastructure. Rocket Lab continues to expand its Electron launch cadence alongside HASTE, with over 80 missions completed to date.

Intuitive Machines (NASDAQ: LUNR) recently completed its acquisition of Lanteris Space Systems, formerly Maxar Space Systems, for $800 million in a combination of cash and stock. The acquisition positions Intuitive Machines as a vertically integrated next-generation space prime contractor capable of building spacecraft, connecting resilient communications and navigation networks, and operating systems across LEO, MEO, GEO, and cislunar space.

"This acquisition marks a defining moment in the evolution of Intuitive Machines," said Steve Altemus, CEO of Intuitive Machines. "We previously proved our ability to operate on the Moon. With Lanteris, we add flight-proven manufacturing at scale."

Intuitive Machines also successfully soft-landed two Nova-C class lunar landers in 2024 and 2025, returning the United States to the lunar surface for the first time since 1972. The Lanteris acquisition strengthens the company's ability to service Golden Dome, Space Development Agency layered architecture, and NASA's Artemis and Lunar Terrain Vehicle initiatives.

Kratos Defense & Security Solutions (NASDAQ: KTOS) recently received contract awards valued at approximately $65 million to design, develop and deliver simulators and training solutions for warfighter operations across multiple aircraft platforms. Contracts include awards from the U.S. Department of War as well as allied nations.

"2025 was another growth year for Kratos, particularly in the domain of air-based system platforms," said Jose Diaz, SVP of Kratos Training Solutions. "Our customers deeply appreciate our successful delivery of cost-effective solutions that produce highly effective training outcomes."

Kratos continues to expand its defense portfolio beyond training into unmanned aerial systems and hypersonic technology, with the company delivering simulation and training solutions across ground combat, subsurface naval, surface navy, and unmanned combat aerial systems throughout 2025.

Joby Aviation (NYSE: JOBY) recently announced an agreement to acquire a manufacturing facility in the Dayton, Ohio area spanning more than 700,000 square feet. The facility will initially support Joby's plans to double production to four aircraft per month in 2027, while also providing space for significant future growth.

"This site will not only support our near-term plan to double production, it can also serve as a base for significant future growth, as we turn a decade of engineering into the manufacturing scale the market is now demanding," said JoeBen Bevirt, CEO of Joby Aviation.

Joby completed landmark flights in Dubai in 2025 and plans to begin carrying passengers in 2026. The company has also partnered with L3Harris to pursue defense applications for autonomous hybrid VTOL aircraft, expanding its addressable market beyond commercial air mobility.

Article Source: https://usanewsgroup.com

CONTACT:
USA News Group
[email protected]
(604) 265-2873

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed by USA News Group on behalf of Market IQ Media Group Inc. ("MIQ"). MIQ has been paid a fee for Starfighters Space advertising and digital media from Creative Digital Media Group ("CDMG"). There may be 3rd parties who may have shares of Starfighters Space, and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of Starfighters Space but reserve the right to buy and sell, and will buy and sell shares of Starfighters Space at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved on behalf of Starfighters Space by CDMG; this is a paid advertisement, we currently own shares of Starfighters Space and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

SOURCES:

1.   https://defensescoop.com/2026/02/12/pentagon-taps-6-vendors-for-accelerated-hypersonics-research-development/

2.   https://defensescoop.com/2026/01/21/dark-eagle-hypersonic-weapon-army-fielding-plans/

3.   https://www.prnewswire.com/news-releases/stratolaunch-raises-significant-capital-to-further-accelerate-hypersonic-capability-at-scale-302665149.html

Logo: https://mma.prnewswire.com/media/2838876/5814820/USA_News_Group_Logo.jpg

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