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-05.06.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

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

Airborne-Flight Training 05.09.24: ERAU at AIAA, LIFT Diamond Buy, Epic A&P

Also: Vertical Flight Society, NBAA Maintenance Conference, GA Honored, AMT Scholarship For the first time, students from Embry-Riddle’s Daytona Beach, Florida, campus took t>[...]

ANN's Daily Aero-Term (05.07.24): Hazardous Weather Information

Hazardous Weather Information Summary of significant meteorological information (SIGMET/WS), convective significant meteorological information (convective SIGMET/WST), urgent pilot>[...]

Aero-News: Quote of the Day (05.07.24)

"The need for innovation at speed and scale is greater than ever. The X-62A VISTA is a crucial platform in our efforts to develop, test and integrate AI, as well as to establish AI>[...]

NTSB Final Report: Cessna 150

(FAA) Inspector Observed That Both Fuel Tanks Were Intact And That Only A Minimal Amount Of Fuel Remained In Each Analysis: According to the pilot, approximately 8 miles from the d>[...]

Aero-News: Quote of the Day (05.08.24)

“Pyka’s Pelican Cargo is unlike any other UAS solution on the market for contested logistics. We assessed a number of leading capabilities and concluded that the Pelica>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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