Boeing’s funding buoys Bass’s dream of restoring supersonic civilian flight, which ended in 2003 with the final voyage of Europe’s Concorde amid noise restrictions and high operating costs. Reno, Nevada-based Aerion plans to build a supersonic passenger jet that flies at speeds as high as Mach 1.4, or around 1,000 miles per hour. Designed to be inherently environmentally responsible from first flight, the AS2 is the first supersonic aircraft designed to be powered by 100% synthetic fuel and reach supersonic speeds without the need for an afterburner. According Mike Mancini, chief financial officer and executive vice president, strategy, for Aerion, the future of supersonic passenger flights and even faster is on the near horizon. View photos of the jet, inside and out. Those companies include Aerion, Boom, HyperMach, and Spike. ... the project is unlikely stall due to funding alone. Aerion is an American aerospace manufacturer based in Reno, Nevada. Aerion's top competitors are Hermeus, Boom Supersonic and Spike Aerospace. Three upstart companies – Boom Supersonic, Aerion and Spike Aerospace – seem to be edging closer towards the reintroduction of supersonic flight for civilians. Aerion Supersonic focuses on Energy, Manufacturing, Transportation, Software, and Aerospace. Firm believers in the commercial success of transoceanic routes, all three companies have received orders for their aircraft and hope to start delivering them in the mid-2020s. Aerion Corporation announced this week that it is expanding its partnership with Airbus Group to construct a supersonic passenger jet. OneWeb, the Low Earth Orbit (LEO) satellite communications company jointly owned by the UK Government and Bharti Global, has secured additional funding from SoftBank and Hughes Network Systems, bringing its total funding to US$1.4 billion. Supersonic business jet start-up Aerion announced Feb. 5 that it has accepted a sizable investment from Boeing, giving the Chicago-based aerospace giant two seats on its board. Aerion Park will form a new global headquarters and integrated campus for research, design, build and maintenance of the company’s supersonic aircraft. Three upstart companies – Boom Supersonic, Aerion and Spike Aerospace – seem to be edging closer towards the reintroduction of supersonic flight for civilians. The International Council on Clean Transportation states that supersonic jets use up to six times as much fuel as conventional commercial planes. Aerion Supersonic – AS2. It has proposed the AS2 as the first privately built supersonic business jet. How The Aerion SBJ Has Evolved Credit: Aerion. This will be very different from the Boom Overture and Concorde. Founded in 1994, Aerion Technologies, formerly Desktop Aeronautics, grew into a well-established consulting firm dedicated to advancing the state of the art in aerodynamics and aircraft design. Boom Supersonic unveiled its XB-1 demonstrator plane that’s ... raising $160 million in funding and fielding preorders ... GE is also designing a new supersonic passenger jet engine for Aerion. The AS2 supersonic business jet will be the first aircraft to be designed, built, and tested at Aerion Park. With a natural-laminar-flow wing for efficiency at supersonic and subsonic speeds, the AS2 is designed to fly 4,750 nm at Mach 1.4 and 5,300 nm at Mach 0.95. See insights on Aerion Supersonic including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Some companies have attracted support from industry heavyweights such as Boeing, GE and Rolls-Royce. Image: Aerion Supersonic. 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