A 1MW (1,350 hp) gas turbine would drive twin 500 kW generators supplying batteries installed in the wings. Zunum Aero, Inc. manufactures aircraft. [9] Paving the way to a new era of fast, affordable and quiet aviation is no small task. This would initially be a series hybrid type with an onboard turbo-generator supplementing the batteries for longer flights. Tickers TC. [3] Zunum has since released information saying that their hardware and technical assets are in their possession and in storage, and that they are currently fundraising for the next chapter of their company. 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. Or skip the meeting altogether, and be on the slopes in Tahoe by 8:40 AM for $100 round-trip, and back home the same evening. [4], Beyond February 2018 Zunum needed $50 million in Series B funding and received bridging loans from JetBlue and Boeing in April, allowing hiring in the summer of 2018. Turbogenerator and batteries were each designed to provide about half the power required initially, before batteries improved and could take over. [7] [9] It would eventually be replaced with a third battery pack giving a 45-minute reserve. Zunum said that Boeing tried to poach Zunumâs engineers. Zunum Aero Once a leading contender in the electric aviation race, Zunum Aero is in a nosedive. In October 2018, Zunum selected Safran to supply a new 3Z variant of its 1,700-2,000 hp (1,270-1,500 kW) Ardiden turboshaft, delivering 500kW with an electric generator. View Zunum Aero stock / share price, financials, funding rounds, investors and more at Craft. We're joined by Matt Knappe, Zunum Aero Co-Founder and Chief Aero Engineer, who tells us the benefits of these new planes. Zunum Aero is a member of Vimeo, the home for high quality videos and the people who love them. Zunum Aero | 8,365 followers on LinkedIn. Zunum Aero, a startup backed by Boeing and JetBlue, on Wednesday announced that it was developing regional hybrid-electric aircraft with backing … Zunum targets a $250 hourly operating cost including fuel, electricity, and batteries, or 8 cents per ASM. Zunum Aero. Which funding types raised the most money? Zunum Aero is funded by 3 investors. Zunum Aero, Inc. is a commercial hybrid-to-electric aircraft designed for regional, and powered by quiet range-optimized powertrain and propulsion technologies. [2], When the company closed Zunum had yet to decide the basic airframe configuration, sizing and materials. Design work focused on the power system. View the latest AeroGrow International Inc. (AERO) stock price, news, historical charts, analyst ratings and financial information from WSJ. [10], In May 2018, private jet charter JetSuite was announced as the launch customer for the proposed nine-passenger hybrid, for up to 100 aircraft. Which investors participated in the most funding rounds. How Zunum Aero’s hybrid-electric planes aim to transform flight starting in 2022. From TechCrunch. The evolving batteries would be certified every two years and introduced often, in line with their anticipated short cycle lives at high utilization rates.[13]. Around the beginning of 2017 they launched plans to fly a prototype hybrid-electric airliner in 2019 or 2020, under the revamped FAR Part 23 rules for electric aircraft standards expected by 2018 and with first type certification by 2020. 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 … Zunumn Aero was founded in 2013 with Ashish Kumar as CEO and Matt Knapp as CTO. advertisement. Or skip the meeting altogether, and be on the slopes in Tahoe by 8:40 AM for $100. The company works to build hybrid and electric planes, bringing significant innovation to the aviation industry. 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. The company’s vision is to develop 1,000-mile electric air networks to bring fast and affordable travel to every community. Total amount raised across all funding rounds, Total number of lead investment firms and individual investors, Total number of investment firms and individual investors, Announced Date: Date that the Funding Round was publicly announced, Transaction Name: Auto-generated name of transaction (e.g. Zunum Aero says its first hybrid-to-electric airplanes will wear the colors of JetSuite, a private aviation company that’s a partner of JetBlue Airways. October 05, 2017. (Zunum Aero Illustration) Four years after its founding, Zunum Aero is finally going public with a plan to build hybrid electric airplanes that could revolutionize service to … Tags electric aircraft Aircraft Hardware. (Image: Zunum) Aspiring Seattle-area airframe maker Zunum Aero … To us, it’s not just about getting people from point A to point B; it’s about getting you there door-to-door, origin to destination, in the most cost-efficient, energy-efficient, time-efficient, noise-minimizing and comfortable way possible. [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. The Company designs and produces electric aircrafts, as well as offers passenger transportation services. Backed by Boeing HorizonX and JetBlue Technology Ventures, the company has been working since 2013 on a family of hybrid electric regional aircraft up to 50 seats. round-trip, and back home the same evening. advertisement. Zunum Aero, a pioneer in electric aviation, is developing regional hybrid-electric aircraft for the early 2020s, offering unmatched door-to-door speed It offers aircraft design, aeroacoustics, propulsors, electric drives, power conversion, battery packs, and optimization and control services. Backed by Boeing HorizonX and JetBlue Technology Ventures, the company worked from 2013 to 2018 on a proposed family of hybrid electric regional aircraft of up to 50 seats. 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. [11], Ground tests of hybrid-electric power system subassemblies began in early 2018. Zunum Aero is an aircraft manufacturer startup based in Kirkland, Washington. Zunum Aero has raised a total of $800K in funding over 2 rounds. Kirkland, Wash.-based Zunum Aero… It will also provide fast, reliable and cheap electric flight travel to passengers. See insights on Zunum Aero including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. [3] However the company failed to attract additional investors. ZUNUM AEROPRESENTED BY:BIRGER STEEN, ADVISOR, ZUNUM AEROZunum Aero is building a family of commercial hybrid-to-electric aircrafts. [2] Other board members included Logan Jones and Raj Singh. This would be inferior to a Boeing 737 for 300â500 mi (480â800 km) sectors, comparable to a Q400 over 300â400 mi (480â640 km), and 3 to 5 times cheaper than a similarly sized PC-12 or Beechcraft King Air. advertisement. [2], The rechargeable battery packs would need to be replaced every six months after 1,000-1,500 cycles. [4], Airport turnarounds were claimed to be as short as 10 minutes for battery swaps or fast chargers. Volkswagen AG (German: [ˈfɔlksˌvaːgn̩]), known internationally as the Volkswagen Group, is a German multinational automotive manufacturing corporation headquartered in Wolfsburg, Lower Saxony, Germany and indirectly majority owned by the Austrian Porsche and Piëch families.It designs, manufactures and distributes passenger and commercial vehicles, motorcycles, … Backed by Boeing HorizonX and JetBlue Technology Ventures, the company worked from 2013 to 2018 on a proposed family of hybrid electric regional aircraft of up to 50 seats. Tickers TC. These in turn would drive ducted fans. General inquiries: info@zunum.aero Go to Top 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 … Zunum investor JetBlue Airways was also a strategic investor in JetSuite, led by founding JetBlue executive Alex Wilcox. Chanje is an OEM delivering medium duty electric vehicles and turnkey energy infrastructure services for the last mile industry. [12][13] Zunum Aero (Mayan for hummingbird) was an aircraft manufacturer startup based in Kirkland, Washington. Impact Their latest funding was raised on Jun 1, 2017 from a Grant round. Then the "Design" subsection insinuates that it is still under development and supports the "is" tense, and if you check their website at https://zunum.aero/, it also supports the "is" tense, but you can notice that it hasn't been changed since 2017, which is what the copyright date at the bottom says; the site is not very big, either. Washington state Department of Commerce and Boeing HorizonX Ventures are the most recent investors. Zunum Aero (Mayan for hummingbird) was an aircraft manufacturer startup based in Kirkland, Washington. How much funding has this organization raised over time? [6], In November 2020, Zunum Aero filed a lawsuit against Boeing alleging that Boeing tried âto gain access to proprietary information, intellectual propertyâ and then used its dominance âto delay and then forecloseâ Zunumâs operation, âin order to maintain its dominant position in commercial aviation by stifling competitionâ, using this proprietary information âto provide a hybrid-electric propulsion system for a different aircraft designâ with Safran. Fast, emissions-free air travel everywhere. Zunum Aero co-founder Matt Knapp said JetSuite was obtaining "a substantial discount" for being the launch customer. The company is focused on creating sustainable solutions that improve how companies move people and packages … The battery pack energy density would be upgraded regularly, to increase planned range from 700 to 1,000 mi (1,100 to 1,600 km) between 2020 and 2030. Zunum Aero builds platforms for fast and flexible ... or endorsement from Zero Motorcycles Inc. or any companies feature above. Zunum Aero is perhaps one of the most advanced tech startups in the US. [8], On 5 October 2017, Zunum Aero formally launched the development of a six-to-12-seat aircraft. Zunum Aero ©2017-2020. Founded in 2013, Zunum Aero In April 2017, JetBlue Technology Ventures and Boeing HorizonX invested a combined $6.2 million in Series A funding. Zunum envisions a family of electric hybrid airplanes ranging in capacity from nine seats to 48. Zunum Aero has 16 employees across 3 locations. Zunum Aero Developing Hybrid-Electric Aircraft for Fast and Affordable Travel Up To 1,000 Miles [3] This was matched by an $800,000 research and development grant from Washington stateâs Clean Energy Fund. Kirkland-based Zunum Aero hasn't yet publicly shared list prices for its aircraft. Both the headquarters in Bothell near Seattle and facilities in Indianapolis closed. 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. [2] The hybrid generator would be used initially to meet FAA reserves for a planned range of 700 nm (1,300 km). 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. 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 wants to utilize America’s 5,000 regional airports, hoping to cut flight times and ticket prices in half. October 04, 2018. advertisement. [5], Nearly all of the 70 staff were laid off in November 2018, bringing complaints of unpaid wages. Zunum Aero bets on hybrid electric engines for its small commuter jet. [9] Purchase cost was expected to stay below the list price of a $4.5 million single-engine turboprop such as the Pilatus PC-12 or Cessna Denali.
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