Supersonic aircraft startup Exosonic is shutting down
Nov 11, 2024
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A startup focused on supersonic travel is shutting its doors after five years. The discussion highlights the challenges faced by companies moving from research to market, especially in the complex aviation sector. Listeners will discover the harsh realities of the 'valley of death' that many startups encounter. The episode delves into the difficulties of gaining traction in a highly competitive field, revealing the tough lessons learned in the pursuit of quiet supersonic technology.
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Quick takeaways
Exosonic shut down after five years due to insufficient traction and lack of customer support for future advancements.
The startup faced challenges in transitioning from R&D to commercialization, highlighting common struggles startups encounter without adequate funding.
Deep dives
The Role of Therapy in Gratitude
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Exosonic's Journey and Challenges
Exosonic, a startup focused on developing quiet supersonic flight technology, has announced its decision to wind down operations due to insufficient traction. Despite achieving notable milestones, including the successful test flight of its EX-3M Trident, the company struggled to secure the necessary customer support for future advancements. Founded by propulsion engineer Norris Tai, Exosonic received significant investment and support, yet ultimately faced the challenges associated with transitioning from research and development to commercialization in the defense sector. The company's experience highlights the difficulties many startups encounter in bridging the so-called 'valley of death' without adequate government backing or funding.
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Challenges in Supersonic Technology and Startup Closure
Exosonic, a startup developing supersonic commercial air travel and UAV tech, is winding down after five years of operation. In an update posted to its website, Exosonic said it was unable to find the traction necessary to continue operations.