Concorde was a large program backed by two governments and designed and built by nationalized aerospace companies. This is a strictly private affair, so no tax dollars behind it, just private funds. The end goal is also to be much more efficient than Concorde, which was a pretty brute forced effort which multiple large afterburning engines. They hope to make the production model capable of supercruise.
mikeyouse|1 year ago
$200 million in North Carolina for production:
https://subsidytracker.goodjobsfirst.org/subsidy-tracker/nc-...
$60 million from the US Air Force for development:
https://www.aerospacetestinginternational.com/news/flight-te...
$2 million SBIR grant for development:
https://www.sbir.gov/awards/187787
ghufran_syed|1 year ago
And the total amount of private funding raised to date is $700 million - so maybe 10% of funding to date is from the government? Seems like a good deal for the government?
mlindner|1 year ago
And it also doesn't immediately act as funding or tax dollars for the company.
Just talking about the "$200M" number.
Someone|1 year ago
I would think that is not very hard to accomplish. Their first flight is almost half a century after Concorde’s. Technology has progressed.
As an (imperfect) comparison, in subsonic flight (https://en.wikipedia.org/wiki/Fuel_economy_in_aircraft#Past):
“Jet airliners became 70% more fuel efficient between 1967 and 2007, 40% due to improvements in engine efficiency and 30% from airframes. Efficiency gains were larger early in the jet age than later, with a 55-67% gain from 1960 to 1980 and a 20-26% gain from 1980 to 2000. Average fuel burn of new aircraft fell 45% from 1968 to 2014, a compounded annual reduction 1.3% with variable reduction rate.”
Supersonic is different, but there was half a century of development in military supersonic flight, so a new design need not start where Concorde stopped.
jahewson|1 year ago
EncomLab|1 year ago
beede|1 year ago
scrlk|1 year ago
timeon|1 year ago
Why is this interesting?
henvic|1 year ago