Exosonic Layoffs
November 2024
Exosonic announced a layoff affecting 0 employees (100% of its workforce) in November 2024. The company operates in the Aerospace sector.
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100%
Nov 8, 2024
About
Supersonic aircraft startup Exosonic is winding down operations entirely in November 2024, resulting in the layoff of its entire team. The company, founded in 2019 and part of Y Combinator's Winter 2020 cohort, was developing quiet supersonic airliners and drones for the Department of Defense. Despite raising over $4.5 million and achieving milestones like the test flight of its EX-3M Trident UAV, Exosonic stated it could not secure the necessary customer traction and funding to sustain its cash needs and continue advancements. The shutdown marks the end of a five-year effort to revive commercial supersonic travel.
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