Electronic enthusiasts eight o'clock: According to Bloomberg News, Boeing and JetBlue Airways recently invested in electric aircraft startup Zunum Aero. The electric aircraft developed by this company may change the short-haul flights in the future.
Zunum Aero is currently designing and producing 10-50 electric planes with a range of 700 miles (1127 km) and plans to launch a 1,000-mile electric jet in 2030. Zunum Aero said in a statement on Wednesday that these electric planes will fill the “huge regional traffic vacuumâ€, shortening the travel time of busy routes by 40% and shortening the travel time between areas with less traffic by 80%.
At the moment, air transport companies and aerospace companies are racing to look for opportunities to invest in early start-ups and pay close attention to new technologies that could disrupt the transportation industry. For example, the European aircraft manufacturer Airbus Group has set up an investment fund and initially promised to invest $150 million. Airbus also established the Silicon Valley Center in 2015.
Steve Nordlund is the head of Boeing HorizonX, the new venture capital arm of Boeing. He said, “We are looking to the future and are looking for traditional and non-traditional partners to help us accelerate innovation and capture business opportunities.â€
In addition to Zunum, HorizonX also invested in Upskill. The latter combines augmented reality devices such as Google (microblogging) glasses with wearable technology to increase the efficiency of manufacturers, field and logistics companies. Boeing is already using Upskill products, reducing the wiring time of the 747-8 jetliner by 25%.
Subversive innovationHorizonX replaced Boeing Ventures, Boeing's former venture capital arm. Boeing Ventures' investments are limited to defense and space, such as the drone company Insitu. Insitu was acquired by Boeing in 2008.
HorizonX will focus on three areas: investing in startups, exploring new business opportunities for Boeing, evaluating disruptive innovations and business strategies. The technologies it is looking at include autonomous driving, artificial intelligence, additive manufacturing and alternative propulsion systems – such as the hybrid system that will be used in the Zunum aircraft.
Zunum was founded in 2013 and plans to complete the production of the first aircraft by 2020. Zunum said it is working with the US Federal Aviation Administration to develop an electric aircraft certification rule, and it is expected that a complete set of standards will be completed in 2018.
Major challengeAndrew Alleyne, a professor at the University of Illinois and director of the National Science Foundation's Electric System Power Optimization Center, said, "This is a great opportunity, but it also faces some major technical challenges."
Alain said that developing electric or hybrid aircraft requires controlling the weight of the battery, controlling the heat accumulation effect, and efficiently integrating the energy subsystem. The composite material used in the fuselage will amplify the heating problem.
"If we can solve these problems, we will gain a competitive advantage." He said.
The National Science Foundation Electric Heating System Power Optimization Center focuses on how to increase the power density of electrified transportation systems. Zunum and Boeing are members of the center.
Bonny Simi, president of JetBlue Technology Ventures, said in an interview: "We believe that just like Tesla's subversion of the automotive industry, electric propulsion technology will also subvert the regional aviation industry. By investing now, we will personally witness the development of this technology."
Regional flightSmy said that commercial flights mainly fly between about 150 larger airports in the United States. By reducing operating costs, the Zunum aircraft can serve between 5,000 regional aviation hubs in the United States. According to Zumum, the emissions of the Zunum aircraft will be reduced by 80% and the noise will be reduced by 75%.
JetBlue did not disclose the amount of investment in Zunum, it will hold a small stake in the latter and receive a board observer seat.
The Zunum aircraft competes primarily in the small aircraft market, which is a gap in the Boeing product line. Although Boeing will hold a small stake in Zunum, it will not produce electric planes.
Nordrend said in a telephone interview: "They are looking to subvert the low-end market. We hope to approach them by investing to see if we can help them succeed or bring innovation."
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