A flight from NYC to London typically takes 7 hours. On the Overture aircraft by Boom Supersonic, the trip only takes 3 hours and 15 minutes.
They don't call it supersonic for nothing.
Boom, a four-year-old aerospace company based in Centennial, announced today that the company has closed a $100 million Series B investment round, bringing its total funding to over $141 million.
The investment round was led by Emerson Collective, Y Combinator Continuity, Caffeinated Capital, and SV Angel as well as founders and early backers of Google, Airbnb, Stripe and Dropbox. Emerson Collective was founded by Laurene Powell Jobs, Steve Jobs' widow, and focuses on education, immigration reform, the environment, media and journalism, and health.
“This new funding allows us to advance work on Overture, the world’s first economically viable supersonic airliner,” said Blake Scholl, founder and CEO of Boom Supersonic in a release. “At Boom, our vision is to remove the barriers to experiencing the planet. Today, the time and cost of long-distance travel prevent us from connecting with far-off people and places. Overture fares will be similar to today’s business class—widening horizons for tens of millions of travelers. Ultimately, our goal is to make high-speed flight affordable to all.”
https://www.youtube.com/watch?v=ynJs4bRwe8o
Boom has a full-time team of more than 100 and anticipates doubling that number this year. To accommodate the assembly their aircrafts, Boom recently relocated to a state-of-the-art facility in Centennial, Colorado.
The 55-seat Overture is expected to begin passenger service in the mid-2020s, with Virgin Group and Japan Airlines already pre-ordering a combined 30 airliners.
In addition to developing Overture, Boom is currently assembling XB-1, a one third-scale prototype of its Mach-2.2 airliner. The XB-1 will fly later this year to validate Boom's technologies for mainstream supersonic flight: efficient aerodynamics, advanced composite materials and an efficient propulsion system.