financetom
Business
financetom
/
Business
/
United Airlines Ventures invests in aerospace startup Astro Mechanica
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
United Airlines Ventures invests in aerospace startup Astro Mechanica
Aug 20, 2025 7:34 AM

(Reuters) -United Airlines' venture capital arm said on Wednesday it has invested in aerospace startup Astro Mechanica, which develops airframe designs and propulsion systems for supersonic aircraft, signaling renewed industry interest in ultra-fast jets.

The Trump administration has been pushing to lift a ban on supersonic air transport over land imposed in 1973, directing the FAA to repeal the supersonic speed limit as long as aircraft do not produce an audible sonic boom on the ground.

The era of regular commercial supersonic flights ended in 2003 when Concorde, flown by Air France and British Airways, was retired after 27 years of service.

Supersonic aircraft have been criticized by environmentalists for burning more fuel per passenger than comparable subsonic planes.

United Airlines had previously backed the prospect of supersonic flights, with an order for 15 of Boom Supersonic's "Overture" aircraft it placed in 2021.

United Airlines Ventures did not disclose the size of its investment in Astro Mechanica.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Investor Bill Ackman proposes combining Fannie Mae and Freddie Mac
Investor Bill Ackman proposes combining Fannie Mae and Freddie Mac
Aug 10, 2025
Aug 10 (Reuters) - Billionaire investor Bill Ackman in an X post on Sunday suggested merging U.S. government-sponsored enterprises Fannie Mae and Freddie Mac, suggesting the move would help reduce mortgage rates and achieve huge synergies both in their operations and in the trading price. ...
Analysis-Trump's 401(k) order offers retirement savers crypto, private assets, but also higher fees and more risk
Analysis-Trump's 401(k) order offers retirement savers crypto, private assets, but also higher fees and more risk
Aug 10, 2025
NEW YORK (Reuters) -The new White House order directing regulators to expand access to alternative investments in 401(k) plans, like crypto or privately owned companies adds a new layer of risk to the retirement portfolios for ordinary investors that they may not fully understand, investment professionals say. This is brand new; none of it has been stress-tested yet in a...
BRIEF-Bill Ackman One Way To Reduce Mortgage Rates Would Be To Merge Fannie And Freddie- X Post
BRIEF-Bill Ackman One Way To Reduce Mortgage Rates Would Be To Merge Fannie And Freddie- X Post
Aug 10, 2025
Aug 10 (Reuters) - * BILL ACKMAN: ONE WAY TO REDUCE MORTGAGE RATES WOULD BE TO MERGE FANNIE AND FREDDIE- X POST * BILL ACKMAN: FANNIE AND FREDDIE MERGER WOULD ALSO REDUCE THE COST AND RISKS OF GOVERNMENT OVERSIGHT - X POST * BILL ACKMAN ON FANNIE AND FREDDIE MERGER: WOULD ENABLE THEM TO ACHIEVE HUGE SYNERGIES BOTH IN THEIR...
Copyright 2023-2026 - www.financetom.com All Rights Reserved