United Airlines Ventures Invests in Aerospace Startup Astro Mechanica
Astro Mechanica's engine design addresses biggest economic challenge associated with supersonic flight: fuel efficiency
Astro Mechanica's technology is first being developed for military use and then commercial aircraft as technology matures – UAV is the venture capital arm of United Airlines
UAV was established in 2021 to invest in early-stage start-up companies focused on innovative technologies with the potential to shape the future of aviation and travel.
"Astro Mechanica is developing an adaptive engine concept for strategic military and commercial applications, addressing the challenging yet worthwhile pursuit of supersonic flight," said
Astro Mechanica's engine, Duality™, is being designed to utilize a hybrid electric architecture to optimize performance across a wide range of flight speeds and profiles, which would create an engine that would be efficient from takeoff to Mach 3+. With these changes, Astro Mechanica is developing the world's first supersonic aircraft that has transpacific capability.
"We are excited to form this relationship with United Airlines Ventures (UAV)," said
Duality™ is designed to separate the propulsion units from the turboshaft engine by using electric motors. This allows it to behave like a turbofan at slower speeds, a turbojet at faster speeds just below supersonic, and switch to a ramjet at very high supersonic speeds.
About United Airlines Ventures
United Airlines Ventures (UAV) was established in 2021 to invest in early-stage start-up companies focused on innovative technologies with the potential to shape the future of aviation and travel. To date, UAV has made more than 30 investments in companies developing technologies across aerospace, technology, energy transition, and more. Learn more at unitedairlinesventures.com.
About Astro Mechanica
Astro Mechanica is a vertically integrated aerospace company building a faster, more connected future. Its mission is to democratize high-speed flight by making supersonic travel flexible, accessible, and sustainable. The company believes that rapid, on-demand, point-to-point global mobility will become the new standard for moving people and goods across the planet. To achieve this, Astro Mechanica is integrating its advanced airframe and engine technologies—which include Duality™, its proprietary dual-use propulsion system—with a new flight operations model to make supersonic transport as efficient and economical as commercial air travel is today. In the near term, the company is developing adaptable, high-speed systems to close aircraft performance gaps for
United Airlines Ventures Cautionary Statement Regarding Forward-Looking Statements and Other Important Information
UAV is a wholly owned subsidiary of United Airlines, Inc., whose parent company, United Airlines Holdings, Inc., is traded on the Nasdaq under the symbol "UAL". This press release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 relating to, among other things, plans and projections regarding the benefits of the investment. All statements that are not statements of historical facts are, or may be deemed to be, forward-looking statements. Such forward-looking statements are based on historical performance and current expectations, estimates, forecasts and projections, which involve inherent risks, assumptions and uncertainties that are difficult to predict, may be beyond our control and could cause our future financial results, plans, objectives, goals, targets, commitments, strategies, initiatives and intentions to differ materially from those expressed in, or implied by, the statements. These risks, assumptions, uncertainties and other factors include, among others, any failure to meet stated corporate citizenship goals, targets, commitments, strategies, initiatives and intentions in the time frame expected or at all as a result of many factors, including changing societal, market, competitive, regulatory or stakeholder expectations; any delay or inability of UAV to realize the expected benefits of the investment, including from a delay or failure of any project or technology to be fully developed or become operational or serve the purpose for which it was designed; and the other risks and uncertainties identified in United's Annual Report on Form 10-K for the year ended
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SOURCE United Airlines Ventures
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