@cm0002 to Flying • 9 days agoFor the first time, a privately developed aircraft has flown faster than soundarstechnica.comexternal-linkmessage-square8arrow-up15arrow-down11cross-posted to: hardware[email protected][email protected]
arrow-up14arrow-down1external-linkFor the first time, a privately developed aircraft has flown faster than soundarstechnica.com@cm0002 to Flying • 9 days agomessage-square8cross-posted to: hardware[email protected][email protected]
minus-square@mholivlink2•9 days agoBut that was a publicly funded joint venture. The governments of the UK and France basically paid for development.
minus-square@[email protected]linkfedilink2•9 days agoConcorde : private companies funded by public money from France and UK -> Not privately developed XB1 : private company funded by public money from Saudi Arabia -> privately developed
minus-square@mholivlink1•9 days agoTo be fair. There is a meaningful difference between venture capital and joint ventures. Like the concord was amazing for its time. But we have to acknowledge the accomplishment here.
minus-square@[email protected]linkfedilink1•9 days agoAbsolutely. It’s technically very impressive. But I wonder why the PR insists on the ‘first private’ thingy. I am not sure how it’s relevant, seeing how the funding for these projects have changed in all these years.
minus-square@mholivlink1•9 days agoI think it’s because they reallly want to say “first!!” But have to add an adjective to be able to truthfully say it.
When was the first time?
The Concorde
But that was a publicly funded joint venture. The governments of the UK and France basically paid for development.
Concorde : private companies funded by public money from France and UK -> Not privately developed
XB1 : private company funded by public money from Saudi Arabia -> privately developed
To be fair. There is a meaningful difference between venture capital and joint ventures.
Like the concord was amazing for its time. But we have to acknowledge the accomplishment here.
Absolutely. It’s technically very impressive.
But I wonder why the PR insists on the ‘first private’ thingy. I am not sure how it’s relevant, seeing how the funding for these projects have changed in all these years.
I think it’s because they reallly want to say “first!!” But have to add an adjective to be able to truthfully say it.