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 secured an additional $33 million in funding, bringing their total to $41 million.
- This funding will be used to complete the development, construction, and initial flight testing, including sonic boom tests, of their supersonic demonstrator.
- The XB-1 demonstrator, a half-scale prototype of their Mach 2.2 airliner, is expected to make its first flight in about a year.
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