Wave Engine Corporation

Based in Baltimore, Wave Engine Corp. is a focused group of scientists, engineers and former Fortune 500 executives leveraging technological developments in propulsion, acoustics and combustion control to develop next generation aircraft and propulsion systems. Wave Engine Corp.’s technology enables an order-of-magnitude reduction in the cost and complexity of jet propulsion, making it practical for a wide variety of aviation platforms for which jet propulsion was previously cost-prohibitive. In Q2 2021, Wave Engine Corp. announced a $1 million contract with the USAF Armament Directorate to build and demonstrate the Versatile Air-Launched Platform (VALP) as part of the USAF’s efforts to develop high-impact technologies critical to the future of aviation and aerial combat. This award followed successful flight demonstrations in 2020 and a $3 million investment by DARPA in 2019.