In January 2019, Boom raised a further $100 million, bringing the total to $151 million, then planning the demonstrator first flight for later in 2019. In December 2017, Japan Airlines invested $10 million, raising the company capital to $51 million: enough to build the XB-1 “Baby Boom” demonstrator and complete its testing, and to start early design work on the 55-seat airliner. īoom secured $41 million of total financing by April 2017. In March 2017, $33 million were invested by several venture funds: Continuity Fund, RRE Ventures, Palm Drive Ventures, 8VC and Caffeinated Capital. It participated in a Y Combinator startup incubation program in early 2016, and has been funded by Y Combinator, Sam Altman, Seraph Group, Eight Partners, and others. The company was founded in Denver in 2014. Īfter incubation by Y Combinator in 2016, Boom Technology raised $51 million venture capital in 2017, and an additional $100 million by January 2019. The Boom XB-1 Baby Boom one-third-scale demonstrator first test flight was planned for September 2022 but then delayed until around mid-2023. Named the Boom Overture, the airliner has a planned range of 4,250 nmi (7,870 km) and introduction in 2029. ( trade name Boom Supersonic) is an American company designing a Mach 1.7 (1,000 kn 1,800 km/h), 65-88-passenger supersonic airliner.
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