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Aerion
Aerion Corporation was an American aircraft manufacturer based in Reno, Nevada. It was founded by Robert Bass of Fort Worth. From 2004 until 2021, the company was developing a 10-passenger supersonic jet to cut transatlantic flights by three hours using "boomless cruise" technology to negate the sonic boom. It was expected to be the first supersonic aircraft without an afterburner to lower emissions, and the first to run on biofuels. Aerion abruptly announced on May 21, 2021 that the company would be shutting down due to inability to raise needed capital to proceed. History Aerion Corporation was founded in 2003 by Texas billionaire Robert Bass as a startup working to commercialize supersonic aviation technology. The company began development on supersonic business jets in 2004. Increased demand from a variety of aircraft manufacturers for Aerion’s natural laminar flow (NLF) expertise drove the company to launch Aerion Technologies Corporation, a wholly owned subsidiary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aerion AS2
The Aerion AS2 was a proposed supersonic business jet that was being developed by Aerion Corporation. In May 2014, it was announced that the Aerion AS2 would be part of a larger Aerion SBJ redesign, which aimed for release after a seven-year developmental period. Aerion partnered with Airbus in September the same year. In December 2017, Airbus was replaced by Lockheed Martin. Its General Electric Affinity engine was unveiled in October 2018. In February 2019, Boeing replaced Lockheed Martin. Development stopped when Aerion ceased operations in May 2021. The Aerion AS2 12-passenger aircraft aimed for Mach 1.6 with a supersonic natural laminar flow wing for a minimum projected range of 4,750 nm (8,800 km). A $4 billion development cost was anticipated, for a market of 300 over 10 years and 500 overall for $120 million each. Development By May 2014, Aerion had invested over $100 million for technological development. The company announced at the May 2014 EBACE that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aerion SBJ
The Aerion SBJ was a supersonic business jet project designed by American firm Aerion Corporation. Unveiled in 2004, the designer sought a joint venture with a business aircraft manufacturer for a $1.2–1.4 billion development in 7–8 years. Aerion received 50 letters-of-intent before enlarging the design as the Aerion AS2 in 2014. Powered by two Pratt & Whitney JT8D-219 engines, the $80 million aircraft was to transport 8–12 passengers up to Mach 1.6 and up to . Aerion abruptly announced on May 21, 2021 that it will be shutting down due to inability to raise capital. Development In 2003, Aerion commenced a search for a large aerospace partner, including Bombardier Aerospace and Dassault Aviation. The SBJ project was unveiled at the 2004 NBAA convention, backed by US billionaire Robert Bass, with introduction targeted at 2011 for a $1.2–1.4 billion development cost, anticipating a 250–300 aircraft civil market over 10 years. Aerion then planned wind tunnel testin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Electric Affinity
The General Electric Affinity was a turbofan developed by GE Aviation for supersonic transports. Launched in May 2017 to power the Aerion AS2 supersonic business jet, its initial design was completed in 2018 before its detailed design in 2020 for the first prototype production. GE Aviation discontinued development of the engine in May 2021. Its high-pressure core is derived from the CFM56, matched to a new twin fan low-pressure section for a reduced bypass ratio better suited to supersonic flight. Development At the May 2017 EBACE, Aerion announced its selection of GE Aviation to power the Aerion AS2 supersonic business jet. GE then launched the Affinity program. The final engine configuration is a core with billions of operational hours – suggesting the CFM56 – and a new low-pressure section optimised for supersonic speed. The Affinity high-pressure core is adapted from the CFM56 and the GE F101/ F110 military engines. In February 2018, Aerion released the GE engi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airbus
Airbus SE (; ; ; ) is a European multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace products worldwide and manufactures aircraft throughout the world. The company has three divisions: '' Commercial Aircraft (Airbus S.A.S.)'', '' Defence and Space'', and '' Helicopters'', the third being the largest in its industry in terms of revenues and turbine helicopter deliveries. As of 2019, Airbus is the world's largest airliner manufacturer. The company's main civil aeroplane business is conducted through the French company Airbus S.A.S., based in Blagnac, a suburb of Toulouse, with production and manufacturing facilities mostly in the European Union and the United Kingdom but also in China, the United States and Canada. Final assembly production is based in Toulouse, France; Hamburg, Germany; Seville, Spain; Tianjin, China; Mobile, United States; and Montreal, Canada. The company produces and markets the first commercially ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Bass
Robert Muse Bass (born 19 March 1948) is an American billionaire businessman and philanthropist. He was the chairman of Aerion Corporation, an American aerospace firm in Reno, Nevada. In 2018 he had a net worth of $5 billion. Bass has served on the Texas Highway & Public Transportation Commission. Early life Robert Muse Bass was born on 19 March 1948 in Fort Worth, Texas. His father, Perry Richardson Bass, was an investor, philanthropist and sailor. His mother, Nancy Lee Bass, was a philanthropist. He has three brothers: Lee Marshall Bass, Ed Bass, and Sid Bass. His uncle is Sid Richardson. Bass attended Governor Dummer Academy, and graduated from Yale University, where he received a bachelor of arts degree. He received a master in business administration from the Stanford Graduate School of Business. Career Bass's father founded Bass Brothers Enterprises in 1960 after inheriting $11 million from his great uncle Sid W. Richardson in 1959. In 1985, Robert Bass founde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supersonic Business Jet
A supersonic business jet (SSBJ) is a business jet travelling above the speed of sound: a supersonic aircraft. Some manufacturers are designing or have been designing SSBJs, but none are currently available. Usually intended to transport about ten passengers, proposed SSBJs would be about the same size as subsonic business jets. Only two commercial supersonic transports entered service: the Aérospatiale/British Aerospace Concorde and the Tupolev Tu-144. Both were designed with government subsidies and did not recoup development costs. They had high operating costs and high noise. The Boom Technology Overture is a smaller supersonic airliner project. Some manufacturers believe these concerns can be addressed at a smaller scale, offering high speed transport for small groups of high-value passengers, executives or heads of state. Current proposals include SAI Quiet Supersonic Transport and Spike S-512. Former proposals include the Aerion SBJ, Aerion AS2, HyperMach SonicStar, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supersonic Business Jet
A supersonic business jet (SSBJ) is a business jet travelling above the speed of sound: a supersonic aircraft. Some manufacturers are designing or have been designing SSBJs, but none are currently available. Usually intended to transport about ten passengers, proposed SSBJs would be about the same size as subsonic business jets. Only two commercial supersonic transports entered service: the Aérospatiale/British Aerospace Concorde and the Tupolev Tu-144. Both were designed with government subsidies and did not recoup development costs. They had high operating costs and high noise. The Boom Technology Overture is a smaller supersonic airliner project. Some manufacturers believe these concerns can be addressed at a smaller scale, offering high speed transport for small groups of high-value passengers, executives or heads of state. Current proposals include SAI Quiet Supersonic Transport and Spike S-512. Former proposals include the Aerion SBJ, Aerion AS2, HyperMach SonicStar, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pratt & Whitney JT8D
The Pratt & Whitney JT8D is a low-bypass (0.96 to 1) turbofan engine introduced by Pratt & Whitney in February 1963 with the inaugural flight of the Boeing 727. It was a modification of the Pratt & Whitney J52 turbojet engine which powered the US Navy A-6 Intruder and A-4 Skyhawk attack aircraft. Eight models comprise the JT8D standard engine family, covering the thrust range from 12,250 to 17,400 pounds-force (62 to 77 kN), and power 727, 737-100/200, and DC-9. The updated JT8D-200 family, covering the 18,900 to 21,000 pounds-force (84 to 93 kN), powers the MD-80 and re-engined Super 27 aircraft. The Volvo RM8 was license-built in Sweden for the Saab 37 Viggen fighter. Pratt & Whitney also sells static versions for powerplant and ship propulsion as the FT8. Design The JT8D is an axial-flow front turbofan engine incorporating a two-spool design. There are two coaxially-mounted independent rotating assemblies: one rotating assembly for the low pressure compr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lockheed Martin
The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C. area. Lockheed Martin employs approximately 115,000 employees worldwide, including about 60,000 engineers and scientists as of January 2022. Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry. It is the world's largest defense contractor by revenue for fiscal year 2014.POC Top 20 Defence Contractors of 2014 . Retrieved: July 2015 In 2013, 78% of Lockheed Martin's revenues came from military sales; [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carbon Engineering
Carbon Engineering Ltd. is a Canadian-based clean energy company focusing on the commercialization of Direct Air Capture (DAC) technology that captures carbon dioxide (CO2) directly from the atmosphere. This captured can either be stored underground, or converted into carbon-neutral fuel using renewable energy sources, by a process the company calls ''Air to fuels''. The company is running a pilot plant in Squamish, British Columbia, removing CO2 from the atmosphere since 2015 and converting it into fuels since December, 2017. The company was founded in 2009 by David Keith, now a Board Member as well as a professor of public policy and applied physics at Harvard University, and is now led by Daniel Friedmann as CEO, who served as the former CEO of Canadian aero-space company, MDA, for 20 years. Carbon Engineering is funded by several government and sustainability-focused agencies as well as by private investors, including Microsoft founder Bill Gates and oil sands financier N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Letters-of-intent
A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement, term sheet or memorandum of understanding. Merger and acquisition agreements, joint venture agreements, real property lease agreements and several other categories of agreements often make use of a letter of intent. The capitalized form ''Letter of Intent'' may be used in legal writing, but only when referring to a specific document under discussion. LOIs resemble short, written contracts, often in tabular form. They are not binding on the parties in their entirety. Many LOIs, however, contain provisions that are binding, such as those governing non-disclosure, governing law, exclusivity or a covenant to negotiate in good faith. A LOI may sometimes be interpreted by a court of law as binding the parties to it if it too-closely resembles a for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Aircraft
Business aircraft are aircraft typically used by companies and corporations to transport people or goods related to the needs of said businesses. Most business aircraft are general aviation aircraft variants of piston or turboprop or business jets. General aviation Piston With the growth of general aviation in the 1930s companies started to purchase single and twin-engined aircraft for business use. A need to move goods and equipment made use of different general aviation aircraft and surplus military transports. In 1963 in the United Kingdom the Maidenhead Organ Studios purchased a twin-engined Beagle B.206 to allow them to delivery electronic organs.Jackson 1974, p. 199 Turboprop For the first half of 2018, while business jets deliveries were relatively flat, new turboprops were up 10%, pressurized ones were up 12%, and King Airs were up 30%. Charter membership Wheels Up, operated by Gama Aviation, saw its flight hours surge by % and expanded its fleet from 99 to 11 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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