$200 million in North Carolina for production:
https://subsidytracker.goodjobsfirst.org/subsidy-tracker/nc-...
$60 million from the US Air Force for development:
https://www.aerospacetestinginternational.com/news/flight-te...
$2 million SBIR grant for development:
And the total amount of private funding raised to date is $700 million - so maybe 10% of funding to date is from the government? Seems like a good deal for the government?
It's not even that I'm opposed to that kind of spending, I'm a big believer in government support to bootstrap new industries! But the conceit that they're doing this without any government support should be disregarded. I'm only partially being pedantic on this because the CEO of the company in question is definitely not a proponent of that type of spending.
It's like when some of those other Thiel-adjacent goofballs kept tweeting things like "taxation is theft!" while ignoring that every one of their companies had multi-million dollar government contracts.
And it also doesn't immediately act as funding or tax dollars for the company.
Just talking about the "$200M" number.
> "In addition, the state set aside in the state budget (via HB 334) $106.7 million for the site and roads improvement and for constructing hangers at the project site. "
I would think that is not very hard to accomplish. Their first flight is almost half a century after Concorde’s. Technology has progressed.
As an (imperfect) comparison, in subsonic flight (https://en.wikipedia.org/wiki/Fuel_economy_in_aircraft#Past):
“Jet airliners became 70% more fuel efficient between 1967 and 2007, 40% due to improvements in engine efficiency and 30% from airframes. Efficiency gains were larger early in the jet age than later, with a 55-67% gain from 1960 to 1980 and a 20-26% gain from 1980 to 2000. Average fuel burn of new aircraft fell 45% from 1968 to 2014, a compounded annual reduction 1.3% with variable reduction rate.”
Supersonic is different, but there was half a century of development in military supersonic flight, so a new design need not start where Concorde stopped.
Why is this interesting?