MOJAVE, Calif., Jan. 20, 2026 /PRNewswire/ — Stratolaunch has completed a significant capital raise to accelerate growth and welcomes Elliott Investment Management L.P. (together with its affiliates, “Elliott”) as a new partner alongside existing investor Cerberus Capital Management, L.P. (“Cerberus”). This funding will rapidly expand the company’s hypersonic production and flight capabilities as an important member of the American defense industrial base.
Stratolaunch is a hypersonics technology accelerator with comprehensive testing capabilities that are critical for advancing national security imperatives for the United States and allied nations. The company designed and developed the first and only commercial, autonomous, reusable hypersonic aircraft with multiple successful flights. Its comprehensive product and service offerings, which prioritize cost, time, and certainty of delivery, include vehicle design, manufacturing, flight testing, digital modeling, and operations.
The capital will be used to increase production capacity of hypersonic vehicles, increase flight cadence, and pursue additional carrier aircraft, 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, eliminate 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. 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.”
Citigroup served as exclusive financial advisor to Stratolaunch, Davis Polk & Wardwell LLP served as legal counsel to Cerberus, BofA Securities served as financial advisor to Elliott and Debevoise & Plimpton LLP served as legal counsel to Elliott.
About Stratolaunch
Stratolaunch’s mission is to advance high-speed technology through innovative design, manufacturing, and operation of world-class aerospace vehicles. For the latest news and information, visit www.stratolaunch.com and follow us on Facebook, Twitter, LinkedIn, and Instagram.
About Cerberus
Founded in 1992, Cerberus is a global alternative investment firm with approximately $70 billion in assets across complementary credit, real estate, and private equity strategies. The firm invests across the capital structure where it believes its integrated investment platforms and proprietary operating capabilities can help improve performance and drive long-term value. Cerberus’ tenured teams have experience working collaboratively across asset classes, sectors, and geographies as they seek to achieve strong risk-adjusted returns for investors. For more information, visit www.cerberus.com.
About Elliott
Elliott manages approximately $76.1 billion of assets as of June 30, 2025. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds’ investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm.
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SOURCE Stratolaunch
