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589 points atomic128 | 1 comments | | HN request time: 0.234s | source
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pinewurst ◴[] No.41841253[source]
It’s not real funding, it’s a power purchase agreement from something that may never be built! No different from Microsoft’s previous fusion power purchase agreement. The Goog may as well announce they’ve reserved office space in a building to be built on Proxima Centauri B.

Just tech virtue signalling: Google/Microsoft trade the impression that they’re relevant leaders for some legitimacy for a blue sky startup.

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joshmarinacci ◴[] No.41841357[source]
A power purchase agreement is critical to getting investment. The US aviation industry is wouldn’t exist if not for the UK and French governments making a purchase agreement for planes at the start of WW2
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WalterBright ◴[] No.41841546[source]
The B-17 was developed in 1936 and initial orders were placed in 1938. The government bought hundreds of Douglas B-18 bombers before 1940.
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1. sien ◴[] No.41843052[source]
Also the DC-3 / C-47 had its first flight in 1935. With over 10,000 built it showed the US aircraft industry was strong before WW2.

https://en.wikipedia.org/wiki/Douglas_DC-3