# JetZero secures up to $100M term loan to fund Z4 demonstrator

Canonical page: https://technooptimist.io/stories/jetzero-secures-up-to-100m-term-loan-to-fund-z4-demonstrator-78a3c527
Date: 1 Sep 2026
About: [JetZero](https://technooptimist.io/companies/jetzero.md) · [Z4](https://technooptimist.io/aviation/z4.md)
Original source: https://www.airdatanews.com/jet-zero-secures-us-100-million-financing-as-z4-program-moves-toward-full-scale-flight/

JetZero announced a credit facility of up to $100 million to fund its blended-wing Z4 program. The loan will cover technology development, working capital and its North Carolina manufacturing and test sites, while the full-scale demonstrator is being built.

## Key facts

- The facility is a senior secured term loan led by Pinegrove Credit Partners, backed by Brookfield and HRTG Partners, with Silicon Valley Bank also participating.
- The full-scale Jet1 demonstrator is under construction at Scaled Composites in Mojave, California, and was 40% complete as of June 2026.
- The first flight is scheduled for the fourth quarter of 2027.
- The article notes the Air Force committed $235 million to the demonstrator program in 2023 and has not selected the Z4 as an operational aircraft.

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