United Airlines Ventures (UAV), the venture capital arm of United Airlines Holdings Inc. (NASDAQ:UAL), has invested in aerospace startup Astro Mechanica to support development of its adaptive propulsion engine for supersonic aircraft. The technology is designed to improve fuel efficiency, one of the largest cost challenges for high-speed flight.
The investment will enable Astro Mechanica to move forward with its Duality engine, which utilizes a hybrid electric system to optimize performance across various speeds.
