JetZero Secures $175M in Series B Funding to Develop All-Wing Aircraft
JetZero has raised $175 million in Series B funding, led by B Capital, to advance the development of its all-wing Z4 aircraft prototype, with a first flight planned for 2027. The company, which has secured over $1 billion in total commitments, aims to achieve commercial service in the early 2030s in collaboration with the U.S. Air Force, NASA, and the FAA, targeting a 50% improvement in fuel efficiency and reduced carbon emissions compared to current airliners.
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JetZero raised approximately $175 million in Series B financing, led by B Capital with participation from United Airlines Ventures, Northrop Grumman, 3M Ventures, and RTX Ventures. The funds will accelerate the development of its full-size Demonstrator prototype, targeting a first flight in 2027.
JetZero has secured over $1 billion in total commitments and is collaborating with the U.S. Air Force, NASA, and the FAA for an early 2030s commercial service. The Z4 aircraft is designed to deliver up to 50% better fuel efficiency and lower carbon emissions compared to existing airliners, addressing the aviation industry's emissions and fuel-price challenges.
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