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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
Above
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Funded Over
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401(k)
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North Carolina wins Platinum Shovel award for Economic Development excellence. June 17, 2026 This marked the third time in the last four years North Carolina has won the award handed out by Area Development North Carolina was awarded the Platinum Shovel today by Area Development, the publication's highest honor for economic development success on a statewide level. Area Development began awarding the Platinum Shovel in 2023, and this is the third time North Carolina has won the award after previous wins in 2023 and 2025. The publication said North Carolina won the Platinum Shovel this year due to its extraordinary diversity of investment activity, buoyed by JetZero announcing it has chosen North Carolina to build a $4.7 billion facility that will create 14,500 jobs in Greensboro. "North Carolina's success story isn't concentrated in one single industry," said Christopher Chung, CEO of the Economic Development Partnership of North Carolina. "Whether a company operates in financial services, advanced manufacturing, life sciences, technology, or logistics, it can find the workforce and business environment it needs to grow here. The breadth of companies expanding in North Carolina - along with the talent pools, supply chains, and industry ecosystems born from this diversity - is one of our greatest competitive advantages." Last year, more than 33,600 new jobs and $24.2 billion worth of capital investment were announced in North Carolina - both of which were all-time records. Area Development also recognized several North Carolina projects with Project of the Year honors, including JetZero, Jabil, and Vulcan Elements in the Manufacturing category; Scout Motors in the Non-Manufacturing category; and Amazon Web Services in the Data Center category. This marks the latest economic development accolade North Carolina has earned recently. In the past year, the state has also been named the No. 1 state for business by CNBC, No. 1 state for workforce development by Site Selection Magazine, and the 2025 State of the Year by Business Facilities. About the Economic Development Partnership of North Carolina The Economic Development Partnership of North Carolina (EDPNC) is a private nonprofit corporation that serves as North Carolina's statewide economic development organization. Governed by an 18-member board of business and industry leaders from across the state, the EDPNC focuses on business and job recruitment, existing industry support, international trade, tourism and film marketing. The EDPNC, which operates under contract with the North Carolina Department of Commerce, works closely with public- and private-sector partners at the state, regional and local levels. To learn more, visit www.edpnc.com.
JetZero sets June 15 ground breaking event for $4.7 billion plant at PTI. You May Like Luxury or family vacation? Both.The kind of hotel your kids will remember forever. And you too. Spacious suites, activities for everyone, and all-inclusive vacation in Punta Cana.Palladium Hotel Group The plant is expected to have 14,560 employees. FURTHER REFERENCES Posted in:
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.
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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