NORTH AMERICAN WAVE ENGINE CORPORATION
NORTH AMERICAN WAVE ENGINE CORPORATION is an aerospace company in Baltimore, United States, founded in 2018. It has raised $5.0M across 2 rounds, most recently a $3.5M Seed in June 2022.
Jet propulsion like never before
- Headquarters
- Baltimore, Maryland
- Employees
- 1–10
- Founded
- 2018
- Business Model
- B2G
- Website
- wave-engine.com
- Total Funding
- $5.0M
- Last Round
- $3.5M SeedJun 2022
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 6 investors for this company. The full record is or through the API.
About
Wave Engine Corp. is a Baltimore-based University of Maryland spinout developing next-generation jet propulsion systems with no moving parts for aircraft and unmanned aerial vehicles. The company's wave engine technology delivers high performance at lower cost and complexity than conventional turbine engines, with contracts from DARPA and the U.S. Air Force. Wave Engine has raised $3.5M and operates a 7,500-square-foot research facility in Baltimore.
Summary
It lists 1–10 employees. It has raised $5.0M in total across 2 rounds, most recently a $3.5M Seed round in Jun 2022. Investors include Gula Tech Adventures, University System of Maryland Momentum Fund and Abell Foundation.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Jun 2022
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Funding: Seed. Amounts, valuations, and investors where available.
Investors
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