Research containing Aerion Corporation
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Aerion Corporation in 1 CB Insights research brief, most recently on Aug 1, 2023.
Expert Collections containing Aerion Corporation
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Aerion Corporation is included in 1 Expert Collection, including Aerospace & Space Tech.
Aerospace & Space Tech
These companies provide a variety of solutions, ranging from industrial drones to electrical vertical takeoff vehicles, space launch systems to satellites, and everything in between
Aerion Corporation Patents
Aerion Corporation has filed 30 patents.
Electrical engineering, Electrical safety, Autogyros, Electricity, Electromagnetism
Electrical engineering, Electrical safety, Autogyros, Electricity, Electromagnetism
Latest Aerion Corporation News
Nov 15, 2023
News Provided By Share This Article Supersonic Jet Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 The Business Research Company's Supersonic Jet Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 The global supersonic jet market size is expected to grow to $27.53 billion in 2027 at a CAGR of 4.0%.” — The Business Research Company LANDON, GREATER LANDON, UK, November 15, 2023 / EINPresswire.com / -- The global supersonic jet market , a dynamic and swiftly evolving landscape, is poised for a trajectory of growth, innovation, and resilience. This market, meticulously segmented by type outlook, speed range, system analysis, and platform, witnessed a remarkable surge from $22.9 billion in 2022 to $23.5 billion in 2023, boasting a Compound Annual Growth Rate (CAGR) of 2.6%. Despite the perturbations introduced by the Russia-Ukraine war disrupting global economic recovery post-COVID-19, the market is set for resurgence, projected to reach $27.53 billion by 2027, sporting a CAGR of 4.0%. The global supersonic jet market is segmented - • By Type Outlook: Light Jet, Mid-Size Jet, Large Jet • By Speed Range: 1 Mach–2 Mach, 2 mach–3 Mach • By System Analysis: Airframe, Engine, Avionics, Landing Gear System, Weapon System • By Platform: Commercial Aircraft, Military Aircraft Explore comprehensive insights into the global supersonic jet market with a detailed sample report: Major Players: Leading this charge are major players such as Boom Technology Inc., Lockheed Martin Corporation, Airbus SAS, Aerion Corporation, Boeing, Spike Aerospace Inc., TsAGI, HyperMach Europe Aeronautics, Dassault Aviation, Tupolev, BAE Systems, Saab AB, Hindustan Aeronautics Limited, United Aircraft Corporation, and Aviation Industry Corporation of China. These industry giants play a pivotal role in shaping the trajectory of the supersonic jet market. Driving Forces Unveiled: Air Passenger Traffic Surge: A pivotal driver in the supersonic jet market is the escalating demand spurred by the surge in air passenger traffic. With the growing middle class and the emergence of low-cost carriers offering competitive fares, overall air traveler numbers are projected to reach 4.0 billion in 2024, exceeding pre-COVID-19 levels by an impressive 103%. This rise in air passenger traffic acts as a catalyst, driving the demand for cutting-edge supersonic aircraft. Strategic Trends Shaping Tomorrow: Technological Advancement: A key trend gaining momentum is technological advancement. Companies within the supersonic jet market are channeling their efforts into developing efficient and quiet supersonic technologies that adhere to stringent regulatory standards. Noteworthy is the partnership between Lockheed Martin Aeronautics and NASA's Ames Research Center, working collaboratively on the X-59 supersonic jet under the Commercial Supersonic Technology project. Strategic Partnerships and Collaborations: A paradigm shift is underway in the supersonic jet market, marked by strategic partnerships and collaborations. Northrop Grumman Corporation, a prominent aerospace and defense technology company, joined forces with Boom Technology, Inc., a manufacturer of supersonic airliners, aiming to develop a new supersonic aircraft for the American military and allies. Additionally, Spike Aerospace, Inc., collaborated with Tech Mahindra to create the Spike S-512, the first low-boom supersonic jet on the market. Regional Dynamics Unveiled: In 2022, North America took the lead in the supersonic jet market share , solidifying its position as a key player. Looking ahead, Asia-Pacific is anticipated to emerge as the fastest-growing region, showcasing the truly global nature of the supersonic jet market. Access the complete report for an in-depth analysis of the global supersonic jet market: Trends, opportunities, strategies and so much more. TheSupersonic Jet Global Market Report 2023byThe Business Research Company is the most comprehensive report that provides insights on supersonic jet market size, supersonic jet market drivers and trends, supersonic jet market major players, competitors' revenues, market positioning, and market growth across geographies.The supersonic jet market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential. Jet Fuel Global Market Report 2023
Aerion Corporation Frequently Asked Questions (FAQ)
When was Aerion Corporation founded?
Aerion Corporation was founded in 2002.
Where is Aerion Corporation's headquarters?
Aerion Corporation's headquarters is located at 5190 Neil Rd, Reno.
What is Aerion Corporation's latest funding round?
Aerion Corporation's latest funding round is Dead.
How much did Aerion Corporation raise?
Aerion Corporation raised a total of $1M.
Who are the investors of Aerion Corporation?
Investors of Aerion Corporation include AEI HorizonX.
Who are Aerion Corporation's competitors?
Competitors of Aerion Corporation include Boom and 2 more.
Compare Aerion Corporation to Competitors
Boom is an aircraft manufacturing company that manufactures supersonic passenger aircraft for global commerce and personal travel. The company was founded in 2014 and is based in Centennial, Colorado.
Hermeus offers commercial hypersonic aircraft. It develops a Mach 5 aircraft with the goal of reducing flight times and increasing safety for the long haul. It was founded in 2018 and is based in Atlanta, Georgia.
Spike Aerospace is a company focused on the aerospace industry, specifically in the development of supersonic flight technology. The company's main offering is the design and production of supersonic jets that are quieter, safer, and more efficient, enabling travel to global destinations in half the usual time. These jets are primarily marketed to the aviation industry. It was founded in 2012 and is based in Boston, Massachusetts.
Destinus operates as a private European aerospace company. It develops hypersonic aircraft for autonomous cargo delivery around the world. The company aims to push back the boundaries of supersonic and hypersonic aviation, hydrogen, dual-use technologies, and power generation. It focuses on the development of airplanes that combine aeronautical and space technologies, helping in the reduction of the time for intercontinental transport. It was founded in 2021 and is based in Payerne, Switzerland.
Sylphaero manufactures electric jet engines. The company's engines heat the air at temperatures above 2000°C with electricity only, by generating a plasma. This type of electric plasma-based jet engine allows electric aircraft to reach supersonic and even hypersonic speeds. The company's services include research and development, ready-to-use solutions, and maintenance. Its technology can be applied to subsonic planes, supersonic planes, and hypersonic aircraft. Sylphaero was founded in 2021 and is based in Merignac, France.
Spaceworks Engineering (sei) is a company that received a Department of Defense SBIR/STTR grant for a project entitled: A Thrust-Oriented Combined-Cycle Engine for Space Access. The abstract given for this project is as follows: SpaceWorks Engineering, Inc. (SEI) seeks government support to conduct preliminary development activities toward a unique new combined-cycle propulsion system for use in next-generation missiles, space access vehicles, and hypersonic strike aircraft. Combined-cycle engines advantageously integrate the best aspects of rocket engines and high-speed airbreathing engines and have been shown to offer vehicle-level weight, size, and cost advantages relative to separately installed propulsion alternatives. SEIs highly flexible SCAAT-Engine (Supersonic Core Air Augmented Thrusting - Engine) enables vehicle-optimized operation over a wide range of flight velocities and altitudes. Unlike other combined-cycle engine concepts, the SCAAT-Engine is specifically designed for adequate acceleration over the entire flight regime. For a nominal space access or long-range missile mission, the primary rocket is engaged for the entire flight -- generating a supersonic core flow exhaust stream. The supporting secondary airflow from the inlet and the ramscoops increases the rockets Isp by an average of 15% - 30% when combusted. The result is a small, compact and low cost vehicle configuration. Nominal propellants are LOX/LH2, but hydrocarbon alternatives are also candidate fuels. BENEFIT:SpaceWorks Engineering, Inc. (SEI) believes that a unique combined-cycle engine concept, if matured according to this research effort, would have several potential customers. If the SCAAT-Engine technology was licensed to a large-scale engine manufacturer, we estimate that hundreds of engines could be produced for the following potential customers: Emerging Commercial Space Access Firms, NASA/Civil Space Applications, Military Space Access Applications, and Military High Speed Missile Applications.