HyperSciences, a U.S.-based platform technology company that is seeking to solve some of the most challenging problems in tunneling, energy drilling, transportation, aerospace, and materials production, has successfully raised more than $640,000 through its Regulation CF (Reg CF) investment round on crowdfunding platform StartEngine.
Founded in 2015, HyperSciences has developed HyperCore, which the company claims to be one of the world’s fastest, simplest, and most efficient commercial launch systems.
“Utilizing artificial intelligence our system first robotically loads and fires objects, next our HyperCore engine continues the process to accelerates the object to velocities greater than Mach 5. We are revolutionary changing the efficiencies and economics of drilling HyperSciences, since 2015 our company has been partnered with Shell Energy to demonstrate this disruptive technology. We use low-cost chemical energy to accelerate consumable projectiles to hypersonic velocities, allowing projectiles upon impact to break and pulverize hard rock faster, deeper, and through a wider range of conditions.”
HyperSciences further revealed that it is using HyperCore technology to create the Hyper Tunneling Boring and Mining system (HTBM), replacing conventional tunneling methods which typically are slow, and significant capital expense. In most cases each consumable projectile removes over half a ton of rock per impact.
“When applied to deep geothermal energy our drilling system allows for low-cost access to deep energy. Our “Energy Anywhere” geothermal system generates power by quickly and efficiently reaching untapped geothermal resources and converting it into electrical energy that will cause a significant paradigm change in renewable, clean energy.”
HyperScience also secured its first contract with NASA in 2018 by applying the key components of HyperCore’s automated system in order to launch payloads to high-altitudes at extreme velocity.
“By lowering the cost for hypersonic vehicle development and a new type of stealth program our system is prepared to support USA government contracts in the aerospace community.”
Funds from the StartEngine campaign will be used to continue the development of HyperSciences’ technology.
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