Boom Supersonic Secures $33 Million For Supersonic Jet Program | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.01.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-Unlimited-04.11.24

Airborne-Unlimited-04.12.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Fri, Mar 24, 2017

Boom Supersonic Secures $33 Million For Supersonic Jet Program

Will Be Used To Build A One-Third Scale Prototype Of A New SST

Boom Supersonic has completed a $33 million Series A round of fundraising, which should be adequate to build and fly its first XB-1 demonstration aircraft, according to the company.

TechCrunch reports that Boom founder and CEO Blake Scholl said in an interview that the company now has "all the pieces we need - technology, suppliers and capital -  to go out and make some history and set some speed records."

Scholl said that the company has completed almost all of the engineering for the aircraft, and the first wing components are arriving at the company's headquarters soon. Next will be structural tests. "We're probably about a year away from flight," he said.

Scholl said that the funding will be used primarily to funding the existing team, as well as acquiring new talent. He said Boom Supersonic will be announcing new customers later this year, and they will become strategic funding partners in future fundraising rounds.

(Image from file)

FMI: http://boomsupersonic.com

Advertisement

More News

ANN's Daily Aero-Linx (04.16.24)

Aero Linx: International Business Aviation Council Ltd IBAC promotes the growth of business aviation, benefiting all sectors of the industry and all regions of the world. As a non->[...]

Aero-News: Quote of the Day (04.16.24)

"During the annual inspection of the B-24 “Diamond Lil” this off-season, we made the determination that 'Lil' needs some new feathers. Due to weathering, the cloth-cove>[...]

Airborne 04.10.24: SnF24!, A50 Heritage Reveal, HeliCycle!, Montaer MC-01

Also: Bushcat Woes, Hummingbird 300 SL 4-Seat Heli Kit, Carbon Cub UL The newest Junkers is a faithful recreation that mates a 7-cylinder Verner radial engine to the airframe offer>[...]

Airborne 04.12.24: SnF24!, G100UL Is Here, Holy Micro, Plane Tags

Also: Seaplane Pilots Association, Rotax 916’s First Year, Gene Conrad After a decade and a half of struggling with the FAA and other aero-politics, G100UL is in production a>[...]

Airborne-Flight Training 04.17.24: Feds Need Controllers, Spirit Delay, Redbird

Also: Martha King Scholarship, Montaer Grows, Textron Updates Pistons, FlySto The FAA is hiring thousands of air traffic controllers, but the window to apply will only be open for >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC