Boom Supersonic

Valuation $8B

About Boom Supersonic

Boom Supersonic is a commercial airplane manufacturer that builds supersonic airliners designed for speed, safety, and sustainability.
Headquarters Boom Supersonic, Centennial
Founded 2014-09-01
Industry Aerospace, Air Transportation, Manufacturing
Last Funding Type Series A
Valuation 8
Total Funding $307.50 million dollars
IPO Status Private

Financial

Boom Supersonic may be growing as evidenced by a strategic supplier agreement signed with Latecoere for its Overture and Symphony projects, indicating progress in its manufacturing and supply chain development. Additionally, the company has achieved multiple milestones ahead of its first flight, which suggests advancement in its product development and readiness for market entry. Furthermore, Boom Supersonic has announced new aircraft, engine, and investment milestones, demonstrating an increase in capital and resources to support its operations and future growth.

Boom Supersonic is advancing in the development of supersonic aircraft with a focus on noise reduction and efficient propulsion. They are exploring variable noise reduction systems that adjust engine throttle and flight control surfaces to minimize noise during various flight phases. Additionally, they are working on propulsion system architectures with variable airflow capture areas and retractable chevrons for aircraft nozzles to optimize performance. Their research also includes real-time sonic boom warning systems to mitigate disturbances over populated areas, enhancing the safety and sustainability of supersonic travel.

Funding Rounds 16
Number of Lead Investors 6
Total Funding Amount  $307.50 million dollars
Number of Investors 51

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