7 hours ago
- JetZero raised $175 million in Series B financing led by B Capital, with investments from Alaska Airlines and United Airlines (including a path to purchase up to 200 aircraft).
- JetZero broke ground on a manufacturing and final assembly campus in Greensboro, North Carolina, and signed a letter of intent with EXIM Bank for up to $3 billion in financing.
- The company added defense and tech leaders to its board, opened an engineering office in Wichita, Kansas, and secured partnerships with Japan Airlines and Gulf Air for its all-wing Z4 aircraft.
- The Z4 aircraft promises up to 50% better fuel efficiency and a low-drag, lightweight design, aiming to reduce emissions and improve passenger experience.