United Airlines Ventures Bets On Supersonic Future With Astro Mechanica As Rivals Push Into Air Taxis
United Airlines Ventures (UAV), the venture capital arm of United Airlines Holdings Inc. (NASDAQ:UAL), has invested in aerospace startup Astro Mechanica to support development of its adaptive propulsion engine for supersonic aircraft. The technology is designed to improve fuel efficiency, one of the largest cost challenges for high-speed flight.
Benzinga ·