logo
logo

JetZero raised an undisclosed amount in a Series A funding led by Alaska Star Ventures to support the development of a revolutionary blended-wing body aircraft.

Aug 13, 202412 months ago

Round Type

series a

Long BeachAerospaceManufacturing

Investors

Alaska Star Ventures

Description

Alaska Airlines has made a strategic investment in JetZero, marking the first airline to participate in its Series A funding. This investment aims to enhance sustainability in aviation, supporting Alaska Airlines' goal of achieving net-zero carbon emissions by 2040.

Company Information

Company

JetZero

Location

301 DONALD DOUGLAS ROAD

Long Beach, California, United States

About

JetZero is developing an ultra-efficient Blended Wing Body jet with unprecedented performance. Working with the US Air Force, NASA and the FAA for entry-into-service by 2030. The JetZero Blended Wing is the biggest leap in commercial aircraft architecture since the dawn of the jet age and the best first step toward the ultimate goal of zero-carbon emissions aviation. The aircraft will launch in 2030 with 100% SAF compatibility, and the internal volume to accommodate zero-carbon emissions hydrogen.

Related People

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers