Supersonic plane designer Aerion in talks about SPAC merger
February 19, 2021
Aerion is in talks to merge with blank-check company Altitude Acquisition in a deal that could value it at up to $3 billion, Bloomberg reported. Reno, Nev.-based Aerion previously received backing from Boeing and Space Florida. Aerion and Boeing inked a partnership in 2019 to develop a supersonic business jet dubbed the AS2.