Pursuant to this termination agreement, SuperSonic
Imagine will be definitively and fully discharged of any obligation towards Kreos Capital V Ltd.
It is specified that this tender offer shall, in accordance with article 231-9, I of the French Financial Markets Authority General Regulation, be deemed null and void if, on its closing date, Hologic does not hold a number of shares representing more than 50% of SuperSonic
Imagine's share capital or voting rights.
US president Donald Trump's push to remove regulatory barriers to innovation means a return to supersonic
flight for civilians is just over the horizon.
Upon completion of the planned acquisition, Hologic will file a cash tender offer, which would not be subject to any condition precedent, for all the remaining shares of SuperSonic
Imagine at the same price per share, subject to the French Financial Markets Authority's clearance decision .
Airbus is not alone in questioning the viability of supersonic
transport on environmental grounds.
claims it is "history's first independently developed supersonic
jet and the fastest civil aircraft ever built".
can create the next generation passenger experience with digital applications that have long been at the core of the industrys major milestones.
The aircraft in development will be called the AS2 and is part of a new wave of economic and environmentally friendly supersonic
Sonic booms can be a major nuisance, capable of not just startling people on the ground but also causing damage -- like shattered windows -- and this has led to strong restrictions on supersonic
flight over land in jurisdictions like the United States.
"Through this partnership that combines Aerion's supersonic
expertise with Boeing's global industrial scale and commercial aviation experience, we have the right team to build the future of sustainable supersonic
flight," Boeing Vice President Steve Nordland said in a statement.
Boeing will provide engineering, manufacturing and flight test resources, as well as strategic vertical content, to bring Aerion's AS2 supersonic
business jet to market.
The first thing to go supersonic
may have been a dinosaur's tail.