flying·Flyingbycm0002 For the first time, a privately developed aircraft has flown faster than soundhttps://arstechnica.com/gadgets/2025/01/for-the-first-time-a-privately-developed-aircraft-has-flown-faster-than-sound/Open linkView original on lemmy.world4Comments8
mmholiv replylemmy.world4Hide 4 repliesBut that was a publicly funded joint venture. The governments of the UK and France basically paid for development.2
ddrolex replysopuli.xyz3Hide 3 repliesConcorde : private companies funded by public money from France and UK -> Not privately developed XB1 : private company funded by public money from Saudi Arabia -> privately developed2
mmholiv replylemmy.world2Hide 2 repliesTo 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
ddrolex replysopuli.xyz1Hide 1 replyAbsolutely. 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
mmholiv replylemmy.worldI think it’s because they reallly want to say “first!!” But have to add an adjective to be able to truthfully say it.1
* for the second time
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.