Spyke
mholivreply
lemmy.world

But that was a publicly funded joint venture. The governments of the UK and France basically paid for development.

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drolexreply
sopuli.xyz

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

2
mholivreply
lemmy.world

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.

1
drolexreply
sopuli.xyz

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.

1

I think it’s because they reallly want to say “first!!” But have to add an adjective to be able to truthfully say it.

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For the first time, a privately developed aircraft has flown faster than sound | Spyke