Aircraft startup JetZero raises $175 million in Series B funding
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JetZero, a California-based startup, has raised $175 million in Series B funding to advance its blended-wing aircraft development aimed at reducing fuel consumption. The funding round was led by B Capital, Northrop Grumman, and venture arms of United Airlines, 3M, and RTX. JetZero plans to use the capital to accelerate its prototype aircraft, expected to achieve 30% better aerodynamics than traditional designs, with its first flight scheduled for 2027. The company has secured over $1 billion in funding and aims for commercial service in the early 2030s.
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