NORTH AMERICAN WAVE ENGINE CORPORATION

Jet propulsion like never before

Baltimore, United States · Founded 2018 · $5.0M raised

Employees
1–10
Founded
2018
Business Model
B2G
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.

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

NORTH AMERICAN WAVE ENGINE CORPORATION is an Aerospace company based in Baltimore, United States, founded in 2018. 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

SeedSeed RoundJun 2022
$3.5M

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Funding: Seed. Amounts, valuations, and investors where available.

Investors

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