Boston, MA, Jan. 13, 2013 – Spike Aerospace, a Boston-based aviation and aerospace engineering firm, announced today that it is designing a new supersonic jet, the Spike S-512. The S-512 will take travelers to worldwide locations in half the time currently required.
In order to build the S-512 supersonic jet, Spike Aerospace has put together a team of senior engineers with backgrounds at Boeing, Airbus, Gulfstream, Eclipse, and others. Research is underway on technologies that will make international travel faster. Spike Aerospace plans to incorporate recent advancements in composite materials, advanced engines, and avionics into the Spike S-512.
Fast and efficient methods of transportation are in high demand, especially for companies managing international operations. In 2012, 14 million business-class and first-class tickets for trans-Atlantic routes were sold, demonstrating that corporations are willing to pay premium ticket prices in order to be face-to-face with global customers, manufacturers, and suppliers.
“Supersonic flight will get travelers to their destinations faster,” says Vik Kachoria, President and co-founder of Spike Aerospace. “If a company has a manufacturing plant down, it can send a team to fix the problem immediately and reduce the amount of time that the plant is offline. Corporations can save millions of dollars that would have otherwise been lost.”
Spike Aerospace expects its initial customers to be large, multi-national corporations. However, as this technology is developed further and research and development costs are recovered, larger, airliner-size planes will be built. The company predicts ticket prices will then come down significantly. “Our ultimate goal is to make supersonic flight available to everyone,” says Kachoria.
Spike Aerospace projects that the first prototype of the Spike S-512 Supersonic Jet will be released in 5-7 years.
For more information, visit the company’s website at www.spikeaerospace.com
About Spike Aerospace
Spike Aerospace is a privately-held company with origins tracing back to 2006. The company is based in Boston, MA, just across the river from MIT and in close proximity to General Electric Aircraft Engines, Draper Labs, Avidyne, Lincoln Labs, and a number of other aerospace companies.
