Update Report

Aerion pursues design refinement and discussions with potential partners

Since its public unveiling in 2004, the design of the Aerion supersonic business jet has been refined and validated through high-order computer analysis and wind tunnel testing.

Meanwhile, the company continues to build its business case, providing a more detailed financial picture of the costs, risks and rewards involved in program participation.

Sled Text

Large-scale wing section is propelled to Mach 1.6 in two seconds in rocket-sled test.


Business update

The company has held talks with major aerospace firms as well as government agencies on three continents. Discussions are ongoing, and much will hinge on the refined business case presented by Aerion, and on the available financial resources and strategic objectives of potential partners.

Potential partners have expressed great interest in the concept of supersonic laminar flow and the patented technology developed by Aerion in this area, viewing it as a key enabling technology for the development of an efficient supersonic aircraft.

As Aerion continues to build its team, it has hired James Stewart as chief financial officer. Stewart was formerly chief financial officer at Bombardier Aerospace and has extensive experience in establishing the financial case for new aircraft development programs. The company projects a five-year program from the launch of the detailed design effort to certification.

“We anticipate discussions to continue into 2007, with the expectation that we will reach agreement with major project partners in the coming year,” said Brian Barents, vice chairman of Aerion.

“The aerospace community is seeing the seriousness with which we are pursuing this program, and continues to express high interest as we flesh out the details,” said Barents. “The Aerion board has funded the program through launch with external partners, and we expect that to occur before the next NBAA convention.”


Technical update