The startup specializing in the development of supersonic aircraft has shut down.
The company Exospace, which was focused on developing civilian supersonic transport aircraft, announced that it has been unable to secure new investors to continue its operations and is shutting down its activities.
2024-11-17 10:00:25https://naked-science.ru/community/1007466
The startup, founded in 2019 by aerospace engineer Norris T, who previously worked at Northrop Grumman and Lockheed Martin, intended to develop a series of aircraft, including the supersonic airliner Horizon, the supersonic UAVs Revenant, and Trident.
Exospace even achieved a degree of success, raising $6.5 million in investments and securing contracts with the U.S. Air Force for the development of supersonic training drones.
The engineers managed to build and showcase a prototype of one of their models in April 2024; however, that was where it ended. The company is now offering its developments for sale to all interested parties.