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JetZero develops aircraft designed to achieve zero-carbon emissions in commercial aviation by using a Blended Wing Solution. The aircraft blends the fuselage with the wing, eliminating tail surfaces to reduce weight and drag, allowing smaller engines while maintaining the passenger capacity and range of larger planes. The design is 100% compatible with Sustainable Aviation Fuel (SAF) and capable of using hydrogen as a fuel, with a priority on aerodynamic efficiency and lower operating costs. JetZero aims to fill the mid-market gap by delivering aircraft that burn half the fuel and emit half the CO2 of today’s fleet, making ownership cheaper and accelerating the adoption of new propulsion technology. The team combines aviation expertise with entrepreneurial drive to bring this zero-emissions aircraft to market around 2030.
Industries
Industrial & Manufacturing
Energy
Aerospace
Company Size
201-500
Company Stage
Series B
Total Funding
$443.1M
Headquarters
Long Beach, California
Founded
2020
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Total Funding
$443.1M
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Funded Over
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3M supports JetZero with funding, materials expertise for Z4 blended wing body aircraft. Decades of materials science expertise will reportedly aid design, manufacturing and maintenance of the Z4 - from lightning protection to structural assembly to thermal acoustic solutions. Senior Managing Editor, CompositesWorld and Products Finishing Source | JetZero 3M (St. Paul, Minn., U.S.) has announced an investment and strategic collaboration with JetZero (Long Beach, Calif., U.S.), an aerospace innovator developing the Z4 commercial all-wing body aircraft. The distinctive design offers the potential to redefine how the industry meets ever increasing airline needs for efficiency, performance and sustainability. For decades, commercial aircraft design has followed the familiar "tube-and-wing" structure. Together, 3M, JetZero and many other industry players are working to advance the next major design evolution. JetZero's Z4 blended-wing body aircraft is designed to deliver up to a 50% reduction in fuel consumption while also improving the passenger experience. The JetZero Z4 aircraft is quickly gaining attention across the aviation industry as suppliers and strategic partners recognize its potential to reshape commercial air travel. * Hexcel is partnering to qualify composite technologies for the BWB aircraft. * JetZero has developed a digital thread design, in partnership with Siemens, that includes fiber optic sensors embedded throughout the aircraft for monitoring its structures and systems, and Collins Aerospace will design and build nacelle structures including the inlet, fan cowl and fan duct, in addition to fairings and the engine support structure. * Delta Air Lines is partnering with JetZero, providing operational expertise through its Sustainable Skies Lab to bring the BWB aircraft to commercial viability. * A demonstrator aircraft has been built in partnership with Northrop Grumman and its Scaled Composites subsidiary, and is on-track for first flight in 2027. According to JetZero, the Z4's integrated wing and fuselage structure generates significant aerodynamic improvements while also creating new opportunities and meeting engineering challenges across the aircraft development life cycle. With support from 3M's material science expertise, JetZero will bring new solutions to the design, manufacturing and ongoing maintenance of its aircraft. This collaboration aligns with 3M's broader commitment to driving material solutions for the aviation industry. Beyond the Z4, the partnership helps mature technologies that can be adopted by already commercialized aircraft, providing immediate efficiency gains while also evolving long-term design. By participating in JetZero's Series B funding round, 3M continues its focus on bringing cutting-edge technologies into aircraft design, including lightning protection, structural assembly and thermal acoustic solutions. * Combining multifunctional thermoplastic composites, additive manufacturing for next-gen airframe structures The DOMMINIO project combines AFP with 3D printed gyroid cores, embedded SHM sensors and smart materials for induction-driven disassembly of parts at end of life. * Development of a composite liquid hydrogen tank for commercial aircraft Netherlands consortium advances cryogenic composites testing, tank designs and manufacturing including AFP, hybrid winding, welding of tank components and integrated SHM and H2 sensors for demonstrators in 2025. * Low-cost, efficient CFRP anisogrid lattice structures CIRA uses patented parallel winding, dry fiber, silicone tooling and resin infusion to cut labor for lightweight, heavily loaded space applications.
March 24, 2026 NexPoint launches multifamily DST offering for Greensboro, North Carolina property. The Greensboro-High Point Metropolitan Statistical Area's affordability, connectivity, and industry diversification underpin strong multifamily demand and reinforce the investment thesis for NexPoint Waterford DST. NexPoint, a multibillion-dollar alternative investment firm, today announced the launch of NexPoint Waterford DST (the "Offering"), a Delaware statutory trust ("DST"). The offering provides access to a high-quality, low-density apartment community located in the Greensboro-High Point Metropolitan Statistical Area (MSA), one of North Carolina's fastest-growing mid-sized markets. Situated along the scenic shores of Lake Jeanette, Waterford Place is a 240-unit garden-style community featuring expansive floorplans (averaging 1,155 square feet), sunrooms in every residence, and a comprehensive amenity package catering to modern renter preferences. The property benefits from proximity to Piedmont Triad International Airport, major employment centers, and a diversified economic base anchored by aerospace, advanced manufacturing, healthcare, and logistics. "Waterford DST reflects our conviction in high-growth Southeast markets supported by strong fundamentals, durable renter demand, and meaningful opportunities for operational enhancement," said Matt McGraner, NexPoint's Chief Investment Officer and Executive Vice President. The Greensboro-High Point MSA has shown consistent population growth, resilient employment trends, and substantial corporate investment, including JetZero's 14,500-job aerospace expansion and Toyota's multibillion-dollar commitment to a new battery manufacturing facility in nearby Liberty, NC. The region's affordability, connectivity, and industry diversification underpin strong multifamily demand and reinforce the investment thesis for NexPoint Waterford DST. About nexpoint. NexPoint is a multibillion-dollar investment firm based in Dallas, Texas. The firm is structured around three major business areas: real estate, corporate credit and equities, and retirement solutions. NexPoint's businesses span asset classes, industries, and strategies, providing the flexibility to invest across capital structures and market environments. Serving a diverse client base, NexPoint's investment strategies are offered in a range of vehicles and fund structures, including mutual funds, public and private REITs, tax-advantaged vehicles, private funds, and separate accounts. For more information, including important risks and disclosures, visit nexpoint.com. This announcement is intended only for informational purposes and does not constitute an offer to buy or sell securities. Offers will only be made through a private placement memorandum to accredited investors and where permitted by law.
JetZero renovating building near PTI as temporary base before factory construction begins. Eventually, 15,000 people will work at JetZero with an average salary of $90,000. GREENSBORO, N.C. - We've learned when JetZero will break ground on its factory at PTI Airport. The date is June 9. The aviation company says it's also renovating a building near the airport to use as a temporary base. JetZero hasn't made any planes yet, but says they'll be 50% more fuel efficient than traditional commercial jets. The company has received contracts from the Air Force, United, Delta and Alaska Airlines.
JetZero has appointed Scott Henry as Chief Corporate Officer, effective immediately. Henry will oversee functions enabling the company to scale amid accelerating growth as it develops the world's first commercial all-wing aeroplane. Henry brings over 30 years of C-suite experience helping scale high-growth companies across technology, defence, consumer electronics and hospitality. He has held senior roles at Auterion, Magic Leap, Beats Electronics and Las Vegas Sands, guiding two companies through public offerings. He previously spent 18 years in investment banking advising on capital raising and strategic transactions. JetZero is advancing towards first flight of its full-scale demonstrator for the US Air Force next year and preparing to break ground on a North Carolina production facility. The company aims for commercial service in the early 2030s.
JetZero raises $175 million in Series B financing. JetZero raised approximately $175 million in its Series B funding round led by B Capital, with participation from Northrop Grumman, United Airlines Ventures, 3M Ventures, and RTX Ventures. The funding is intended to accelerate development of a full size blended wing body demonstrator aircraft, targeting a first flight in 2027, as the company advances its goal of more fuel efficient commercial planes. JetZero is a California-based startup focused on developing blended wing body aircraft, a design that integrates the wings and fuselage for improved aerodynamics and fuel efficiency. Founded to address demands for sustainable aviation, the company aims to create mid sized planes that could reduce fuel use by at least 30% compared to traditional designs. Their approach targets commercial service in the early 2030s, with plans for a production facility in North Carolina involving a $4.7 billion investment over a decade. This Series B involves key players like B Capital as lead, alongside Northrop Grumman, United Airlines Ventures, 3M Ventures, and RTX Ventures. The investment is intended to speed up prototype work on the "Demonstrator," a key step toward validating the design's efficiency claims. Previous support includes investments from Alaska Airlines and United Airlines, which also involve options for future aircraft orders. The round could help JetZero navigate the competitive landscape dominated by established manufacturers, potentially fostering advancements in efficient air travel. However, challenges in scaling new aircraft technologies suggest a measured outlook, with success depending on testing and market adoption. JetZero, a Long Beach, California-based aerospace innovator, has marked a significant milestone with its Series B funding round, securing approximately $175 million as of January 13, 2026. This infusion of capital, led by global investment firm B Capital and supported by strategic participants including Northrop Grumman and the venture capital divisions of United Airlines, 3M, and RTX, positions the company to accelerate its ambitious agenda in redefining commercial aviation through blended wing body (BWB) technology. The BWB design, which merges the aircraft's wings and body into a unified, manta ray-like structure, promises substantial improvements in aerodynamics, potentially reducing fuel consumption by at least 30% compared to conventional tube and wing configurations. This efficiency gain is particularly relevant as the aviation industry grapples with rising fuel costs, environmental pressures, and the need for more sustainable operations. Founded with a vision to disrupt the longstanding duopoly of Airbus and Boeing in the mid sized aircraft market, JetZero's journey began with earlier funding stages that laid the groundwork for its current progress. Prior investments include a Series A round from Alaska Star Ventures, the investment arm of Alaska Airlines, which not only provided capital but also included options for future airplane orders. Similarly, a venture round from United Airlines incorporated a pathway for the carrier to acquire up to 100 aircraft, with an option for another 100, signaling early confidence from major commercial operators. These commitments underscore the dual appeal of JetZero's technology: enhanced efficiency for airlines and broader applications in freight transport. The company's total capital raised now exceeds $1 billion when factoring in grants, state incentives, and commercial backing, reflecting a robust financial foundation despite the capital intensive nature of aerospace development. The Series B proceeds are earmarked primarily for advancing the full size prototype known as the "Demonstrator." This aircraft, on track for its maiden flight in 2027, represents a critical validation point for JetZero's BWB concept. By demonstrating real world performance in aerodynamics, fuel savings, and operational compatibility with existing airport infrastructure, the prototype could pave the way for certification and eventual market entry in the early 2030s. JetZero's strategy also includes a major expansion in North Carolina, where it plans to invest $4.7 billion over a decade in a production facility and headquarters at Piedmont Triad International Airport in Greensboro. This move, supported by state incentives, is projected to create thousands of jobs and establish the region as a hub for next generation aviation manufacturing. To contextualize this funding within JetZero's trajectory, consider the following table summarizing known funding rounds based on available data: | Round Type | Date | Amount Raised | Lead Investor(s) | Key Participants | Notes | | Series A | Undisclosed (prior to 2025) | Undisclosed | Alaska Star Ventures | N/A | Included options for future aircraft orders from Alaska Airlines. | | Venture Round | Undisclosed (prior to 2025) | Undisclosed | United Airlines Ventures | N/A | Pathway to purchase up to 200 aircraft. | | Series B | January 13, 2026 | ~$175 million | B Capital | Northrop Grumman, United Airlines Ventures, 3M Ventures, RTX Ventures | Aimed at prototype acceleration; total funding surpasses $1 billion with additional grants and incentives. | This table highlights the progression from airline backed early rounds to a more diversified Series B, incorporating industrial giants like Northrop Grumman and RTX, which bring expertise in advanced materials and systems integration. The inclusion of 3M Ventures adds a layer of innovation in sustainable technologies, aligning with JetZero's efficiency focused mission. Industry observers note that JetZero's approach arrives at a pivotal moment. With global air travel demand rebounding and shortages of new jets exacerbating wait times for traditional models, there is growing appetite for alternatives that offer lower operating costs and reduced emissions. The BWB design, long studied by researchers for its potential to lower drag and increase lift, could address these needs without requiring wholesale changes to airport gates or runways. However, the path forward is not without hurdles. Aerospace ventures typically demand billions in capital and years of rigorous testing to achieve regulatory approval, and competition from incumbents like Airbus (with its ZEROe concepts) and Boeing remains formidable. JetZero's ability to deliver on its 2027 flight target will be a key indicator of viability. Looking ahead, JetZero's plans extend beyond the Demonstrator. The company envisions a family of aircraft variants suited for passenger, cargo, and extended range operations, all leveraging the BWB platform's inherent advantages in payload capacity and range. For instance, the design's spacious interior could enable faster boarding and more comfortable layouts, enhancing passenger experience while maintaining compatibility with current jet fuel or future sustainable alternatives. Recent announcements, such as the Long Beach lease extension for design work, further bolster operational capabilities. This Series B round not only provides financial momentum but also validates JetZero's disruptive potential through its investor lineup. As the company pushes toward prototype milestones, it could contribute meaningfully to aviation's evolution, emphasizing efficiency and innovation in a sector ripe for change.
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Industries
Industrial & Manufacturing
Energy
Aerospace
Company Size
201-500
Company Stage
Series B
Total Funding
$443.1M
Headquarters
Long Beach, California
Founded
2020
Find jobs on Simplify and start your career today