It will also provide fast, reliable and cheap electric flight travel to passengers. Zunum investor JetBlue Airways was also a strategic investor in JetSuite, led by founding JetBlue executive Alex Wilcox. Founded in 2013, Zunum Aero ZUNUM AEROPRESENTED BY:BIRGER STEEN, ADVISOR, ZUNUM AEROZunum Aero is building a family of commercial hybrid-to-electric aircrafts. View Zunum Aero stock / share price, financials, funding rounds, investors and more at Craft. [6], In November 2020, Zunum Aero filed a lawsuit against Boeing alleging that Boeing tried “to gain access to proprietary information, intellectual property” and then used its dominance “to delay and then foreclose” Zunum’s operation, “in order to maintain its dominant position in commercial aviation by stifling competition”, using this proprietary information “to provide a hybrid-electric propulsion system for a different aircraft design” with Safran. Fast, emissions-free air travel everywhere. Zunum Aero (Mayan for hummingbird) was an aircraft manufacturer startup based in Kirkland, Washington. [2] Other board members included Logan Jones and Raj Singh. Zunum Aero, a pioneer in electric aviation, is developing regional hybrid-electric aircraft for the early 2020s, offering unmatched door-to-door speed [3] However the company failed to attract additional investors. This would be inferior to a Boeing 737 for 300–500 mi (480–800 km) sectors, comparable to a Q400 over 300–400 mi (480–640 km), and 3 to 5 times cheaper than a similarly sized PC-12 or Beechcraft King Air. Tickers TC. General inquiries: info@zunum.aero Go to Top Zunum Aero, a startup backed by Boeing and JetBlue, on Wednesday announced that it was developing regional hybrid-electric aircraft with backing … October 04, 2018. Zunum Aero is building a family of commercial hybrid-to-electric aircraft designed for regional transit and powered by quiet range-optimized powertrain and propulsion technologies. Zunum Aero is perhaps one of the most advanced tech startups in the US. Zunum Aero is an aircraft manufacturer startup based in Kirkland, Washington. Zunum Aero, an electric aviation start-up backed by JetBlue and Boeing, is developing a hybrid electric aircraft, which is intended to offer a pollution-free, superior travel experience to passengers. While 2018 was a year to forget for many on the stock market, 2019 saw rosier performances reports international bicycle industry reporter Jo Beckendorff.. What the stock market of 2019 taught above all is, whether economic – trade, (or other wars) political crises or weakening economic data – in the end, the global stock market seems to know its direction. In 2017, the Bothell, Washington-based company had landed a combined $6.2 million in Series A funding from Boeing and JetBlue to build a 12-seat hybrid electric plane, and JetSuite, a regional charter airline company, said it would buy up to 100 of the aircraft and be … Not only will Zunum Aero’s planes be much cleaner compared to regular planes, but they will also be able to lower the cost of travelling by so much that people may actually end up commuting to work … This would initially be a series hybrid type with an onboard turbo-generator supplementing the batteries for longer flights. Zunum Aero, Inc. is a commercial hybrid-to-electric aircraft designed for regional, and powered by quiet range-optimized powertrain and propulsion technologies. Zunum Aero builds platforms for fast and flexible ... or endorsement from Zero Motorcycles Inc. or any companies feature above. [7] [1], Aircraft of comparable role, configuration, and era, "Rapidly shifting battery technology complicates Zunum's plans for hybrid electric airplane Originally", "Boeing, JetBlue Back Hybrid-Electric Regional Startup", "Boeing Backs Away From Zunum Aero, Founders Struggle To Raise Money After Laying Off Staff", "Zunum's Software-Style Approach To Developing Electric Propulsion", "Collapsed hybrid-electric planemaker Zunum sues former partner Boeing, alleging misuse of trade secrets", "Failed electric jet startup Zunum sues Boeing for fraud and misuse of trade secrets", "Zunum launches hybrid-electric aircraft for regional market", "Boeing-Backed Zunum's First Aircraft To Be 12-seat Commuter", "JetSuite Is Launch Customer For Zunum's Hybrid-Electric Regional", "Zunum picks Safran for developmental hybrid-electric commuter", "Zunum Picks Safran Turbine For Hybrid-Electric Airliner", "Zunum Details Plans for First Hybrid-Electric Regional Aircraft", "Zunum Aero's Hybrid Electric Airplane Aims To Rejuvenate Regional Travel", https://en.wikipedia.org/w/index.php?title=Zunum_Aero&oldid=990565775, Aircraft manufacturers of the United States, Creative Commons Attribution-ShareAlike License, This page was last edited on 25 November 2020, at 06:17. Their latest funding was raised on Jun 1, 2017 from a Grant round. [2], When the company closed Zunum had yet to decide the basic airframe configuration, sizing and materials. Zunum Aero is a member of Vimeo, the home for high quality videos and the people who love them. We're joined by Matt Knappe, Zunum Aero Co-Founder and Chief Aero Engineer, who tells us the benefits of these new planes. Angel - Uber), Number of Investors: Total number of Investors in a Funding Round, Money Raised: Amount of money raised in Funding Round, Lead Investors: Name of the investor who led the investment in the funding round, Investor Name: Name of the investor who participated in the Investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Partners: Name of the individual who led a funding round for his/her firm. Zunum Aero (Mayan for hummingbird) was an aircraft manufacturer startup based in Kirkland, Washington. Washington state Department of Commerce and Boeing HorizonX Ventures are the most recent investors. With Zunum Aero, simply drive to a nearby airfield and walk to your aircraft with bags in tow, for a trip that will take half the time and at a much lower fare. Zunum Aero wants to utilize America’s 5,000 regional airports, hoping to cut flight times and ticket prices in half. [9] How much funding has this organization raised over time?