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Zunum Aero
Zunum Aero (Mayan for hummingbird) was an aircraft manufacturer startup based in Kirkland, Washington. Backed by Boeing HorizonX and JetBlue Technology Ventures, the company worked from 2013 to 2018 on a proposed family of hybrid electric regional aircraft of up to 50 seats. History Zunum Aero was founded in 2013 with Ashish Kumar as CEO and Matt Knapp as CTO. Around the beginning of 2017 they launched plans to fly a prototype hybrid-electric airliner in 2019 or 2020, under the revamped FAR Part 23 rules for electric aircraft standards expected by 2018 and with first type certification by 2020. In April 2017, JetBlue Technology Ventures and Boeing HorizonX invested a combined $6.2 million in Series A funding. This was matched by an $800,000 research and development grant from Washington state’s Clean Energy Fund. Beyond February 2018 Zunum needed $50 million in Series B funding and received bridging loans from JetBlue and Boeing in April, allowing hiring in the summer of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aerospace Manufacturer
An aerospace manufacturer is a company or individual involved in the various aspects of designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a high technology industry. The aircraft industry is the industry supporting aviation by building aircraft and manufacturing aircraft parts for their maintenance. This includes aircraft and parts used for civil aviation and military aviation. Most production is done pursuant to type certificates and Defense Standards issued by a government body. This term has been largely subsumed by the more encompassing term: "aerospace industry". Market In 2015 the aircraft production was worth US$180.3 Billion: 61% airliners, 14% business and general aviation, 12% Military aircraft, 10% military rotary wing and 3% civil rotary wing; while their MRO was worth $135.1 Bn or $ Bn combined. The global aerospace industry was worth $838 billion in 2017: Aircraft & Engine OEMs rep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Series B Funding
Venture capital financing is a type of funding by venture capital. It is private equity capital that can be provided at various stages or funding rounds. Common funding rounds include early-stage seed funding in high-potential, growth companies (startup companies) and growth funding (also referred to as series A). Funding is provided in the interest of generating a return on investment or ROI through an eventual exit through a share sale to an investment body, another trading company or to the general public via an Initial public offering (IPO). Venture Capital can be made in four methods: 1) Equity Financing; 2) Conditional Loan; 3) Income Note; and 4) Participating Debenture. Overview Starting a new venture or launching a new product in the market requires funding. There are several categories of financing possibilities depending on the scope of a venture. Smaller ventures sometimes rely on friends and family funding, loans, or crowd funding. For more ambitious projects, some ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beechcraft King Air
The Beechcraft King Air is a line of American utility aircraft produced by Beechcraft. The King Air line comprises a number of twin-turboprop models that have been divided into two families. The Model 90 and 100 series developed in the 1960s are known as King Airs, while the later T-tail Model 200 and 300 series were originally marketed as Super King Airs, with the name "Super" being dropped by Beechcraft in 1996 (although it is still often used to differentiate the 200 and 300 series King Airs from their smaller stablemates). The King Air was the first aircraft in its class and was produced continuously from 1964 to 2021. It outsold all of its turboprop competitors combined. It has recently faced competition from jet aircraft such as the Embraer Phenom 100, Honda HA-420 HondaJet and Cessna Citation Mustang; as well as from newer turboprop aircraft including the Piaggio P180 Avanti, and single-engine Piper Malibu Meridian, Pilatus PC-12, and Socata TBM. Development Mod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
De Havilland Canada Dash 8
The De Havilland Canada DHC-8, commonly known as the Dash 8, is a series of turboprop-powered regional airliners, introduced by de Havilland Canada (DHC) in 1984. DHC was later bought by Boeing in 1988, then by Bombardier in 1992; then by Longview Aviation Capital in 2019, reviving the De Havilland Canada brand. Powered by two Pratt & Whitney Canada PW100s, it was developed from the Dash 7 with improved cruise performance and lower operational costs, but without STOL performance. Three sizes were offered: initially the 37–40 seat -100 until 2005 and the more powerful -200 from 1995, the stretched 50–56 seats -300 from 1989, both until 2009, and the 68–90 seats -400 from 1999, still in production. The QSeries are post-1997 variants fitted with active noise control systems. Development Initial development In the 1970s, de Havilland Canada had invested heavily in its Dash 7 project, concentrating on STOL and short-field performance, the company's traditional ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boeing 737
The Boeing 737 is a narrow-body aircraft produced by Boeing at its Renton Factory in Washington. Developed to supplement the Boeing 727 on short and thin routes, the twinjet retains the 707 fuselage width and six abreast seating with two underwing turbofans. Envisioned in 1964, the initial 737-100 made its first flight in April 1967 and entered service in February 1968 with Lufthansa. The lengthened 737-200 entered service in April 1968, and evolved through four generations, offering several variants for 85 to 215 passengers. The 737-100/200 original variants were powered by Pratt & Whitney JT8D low-bypass engines and offered seating for 85 to 130 passengers. Launched in 1980 and introduced in 1984, the 737 Classic -300/400/500 variants were upgraded with CFM56-3 turbofans and offered 110 to 168 seats. Introduced in 1997, the 737 Next Generation (NG) -600/700/800/900 variants have updated CFM56-7s, a larger wing and an upgraded glass cockpit, and seat 108 to 215 passe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cessna Denali
The Beechcraft Denali, also known as the Model 220 and previously the Cessna Denali and Textron "Single Engine Turboprop" (SETP), is an American single engine turboprop aircraft under development by Textron Aviation. Announced at EAA AirVenture Oshkosh 2015, the aircraft is a completely new design, not derived from any existing aircraft. It should compete with the Pilatus PC-12 and Daher-Socata TBM, as well as other new projects such as the One Aviation Kestrel K-350 and the CAIGA Primus 150. Development In November 2015, GE Aviation announced its General Electric Advanced Turboprop (ATP) (now General Electric Catalyst) had been selected to power the aircraft. On 23 May 2016 Textron announced the SETP performance and cabin details. At the 2016 AirVenture in Oshkosh, Wisconsin, the project was named Cessna Denali. In May 2017, after testing with a fuel system ground testing rig and the propeller, Textron announced it had started building static and fatigue test articles, incl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pilatus PC-12
The Pilatus PC-12 is a pressurized, single-engined, turboprop aircraft, manufactured by Pilatus Aircraft of Stans, Switzerland, since 1991. It was designed as a high-performance utility aircraft that incorporates a large aft cargo door in addition to the main passenger door. Due to its efficient, high-utility design, the PC-12 is used by a large variety of operators. The main use for the aircraft is corporate transportation, but it is also used by fractional and small regional airlines, air-ambulance operators, and many government agencies, such as police departments and armed forces. The PC-12 has been the best-selling pressurized, single-engined, turbine-powered aircraft in the world for several consecutive years, with 1,800 deliveries made as of April 2021. Development In October 1989, Pilatus announced the development of the PC-12 at the annual convention of the National Business Aviation Association (NBAA). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Safran
Safran S.A. is a French multinational company that designs, develops and manufactures aircraft engines, rocket engines as well as various aerospace and defense-related equipment or their components. It was formed by a merger between SNECMA and the defense electronics specialist SAGEM in 2005. Safran's acquisition of Zodiac Aerospace in 2018 significantly expanded its aeronautical activities. Employing over 95,000 people and generating 24.64 billion euros in sales in 2019, the company is listed on the Euronext stock exchange and is part of the CAC 40 and Euro Stoxx 50. Its headquarters are located in Paris. Name The name Safran was chosen from 4,250 suggestions, including 1,750 proposed by employees. As a holding company for many subsidiaries, the name was deemed suitable for the suggestion of direction, movement, and strategy. Safran translates as rudder blade and as saffron, which the company highlights as one of the catalysts for early international trade. History Or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competition (economics)
In economics, competition is a scenario where different Economic agent, economic firmsThis article follows the general economic convention of referring to all actors as firms; examples in include individuals and brands or divisions within the same (legal) firm. are in contention to obtain goods that are limited by varying the elements of the Marketing mix for product software, marketing mix: price, product, promotion and place. In classical economic thought, competition causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products. The greater the selection of a good is in the market, prices are typically lower for the products, compared to what the price would be if there was no competition (monopoly) or little competition (oligopoly). The level of competition that exists within the market is dependent on a variety of factors both on the firm/ seller side; the number of firms, barriers to entry, infor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dominance (economics)
Market dominance describes when a firm can control markets. A dominant firm possesses the power to affect competition and influence market price. A firms' dominance is a measure of the power of a brand, product, service, or firm, relative to competitive offerings, whereby a dominant firm can behave independent of their competitors or consumers, and without concern for resource allocation. Dominant positioning is both a legal concept and an economic concept and the distinction between the two is important when determining whether a firm's market position is dominant. Sources of Market Dominance Firms can achieve dominance in their industry through multiple means, such as; * First-mover advantage, * Innovation, * Brand Equity, and * Economies of scale. First-Mover Advantages Many dominant firms are the first "important" competitor in their industry. These firms can achieve short- or long-term advantages over their competitors when they are the first offering in a new indu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intellectual Property
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, copyrights, trademarks, and trade secrets. The modern concept of intellectual property developed in England in the 17th and 18th centuries. The term "intellectual property" began to be used in the 19th century, though it was not until the late 20th century that intellectual property became commonplace in the majority of the world's legal systems."property as a common descriptor of the field probably traces to the foundation of the World Intellectual Property Organization (WIPO) by the United Nations." in Mark A. Lemley''Property, Intellectual Property, and Free Riding'', Texas Law Review, 2005, Vol. 83:1031, page 1033, footnote 4. The main purpose of intellectual property law is to encourage the creation of a wide variety of intellectual goo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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