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-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

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 (06.29.25)

Aero Linx: Transport Canada We are a federal institution, leading the Transport Canada portfolio and working with our partners. Transport Canada is responsible for transportation p>[...]

ANN's Daily Aero-Term (06.29.25): Gross Navigation Error (GNE)

Gross Navigation Error (GNE) A lateral deviation from a cleared track, normally in excess of 25 Nautical Miles (NM). More stringent standards (for example, 10NM in some parts of th>[...]

Classic Aero-TV: Anticipating Futurespace - Blue Origin Visits Airventure 2017

From AirVenture 2017 (YouTube Edition): Flight-Proven Booster On Display At AirVenture… EAA AirVenture Oshkosh is known primarily as a celebration of experimental and amateu>[...]

NTSB Final Report: Cirrus SR22

Aircraft Parachute System (CAPS) Was Deployed About 293 Ft Above Ground Level, Which Was Too Low To Allow For Full Deployment Of The Parachute System Analysis: The day before the a>[...]

Airborne Affordable Flyers 06.26.25: PA18 Upgrades, ‘Delta Force’, Rhinebeck

Also: 48th Annual Air Race Classic, Hot Air Balloon Fire, FAA v Banning 100LL, Complete Remote Pilot The news Piper PA-18 Super Cub owners have been waiting for has finally arrived>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne-NextGen 07.01.25: Volocopter Returns, B23 Energic, Iran Tech In UAVs?

Airborne 06.30.25: US v ADS-B Misuse, Nat’l STOL Fire, Volocopter Resumes

Airborne 06.27.25: ANN's HUGE OSH Coverage!, NCAR Racing Seminars, JFK Lawsuit

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC