Supersonic aircraft developer Boom Supersonic announced it has raised enough money to complete the development and construction of a supersonic demonstrator and conduct its initial flight testing, which will include sonic boom testing. A recent round of funding, totaling $33 million, came from several investment companies including Caffeinated Capital, RRE Ventures, 8VC and Y Combinator’s Continuity Fund.
Boom Prepares to Build Supersonic Prototype
Key Takeaways:
- Boom Supersonic has raised an additional $33 million, bringing its total funding to $41 million, to complete development and construction of its XB-1 supersonic demonstrator.
- The funding will enable initial flight testing of the XB-1, a half-scale prototype, including crucial sonic boom testing.
- Boom's planned airliner aims to cruise at Mach 2.2, potentially becoming the fastest civil airplane ever produced, with the XB-1's first flight expected in about a year.
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