Aerion Supersonic ceases AS2 operations after financing shortfall
Aerion confirmed it was ceasing operations of its AS2 business-jet program after difficulty raising production capital.
Evidence notes
- Aerion confirmed the shutdown on May 21, 2021.
- The company cited difficulty raising the capital needed to complete production.
- The shutdown ended the AS2 supersonic business-jet program after years of development.
Company context
Aerion is building an owned-and-operated autonomous drone network for continuous industrial monitoring in Europe, covering facilities, ports, energy infrastructure, transport corridors, and municipal operations.