Boom Supersonic Announces Milestones Including Taxi-Testing Its XB-1 Demonstrator Aircraft

New investment from Saudi Arabia helps boost total funding above $700 million.

Jonathan Welsh

Thursday, November 09, 2023 at 03:01 PM ET

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Boom Supersonic said the factory for its Overture airliner is coming together quickly. [Courtesy: Boom Supersonic]

Key Takeaways:

Boom Supersonic announced significant milestones across its Overture airliner, Symphony engine, and XB-1 supersonic demonstrator aircraft projects.
The company secured additional investment, increasing its total funding to over $700 million, including a strategic partnership with the Neom Investment Fund.
The XB-1 demonstrator is on track for its first flight later this year at the Mojave Air & Space Port, having received FAA certification and completed taxi tests.
Development of the Symphony propulsion system is progressing with hardware rig tests planned for 2024, and construction of the Overture factory is ahead of schedule for completion in Q2 2024.

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Aircraft developer Boom Supersonic said it reached milestones in projects including its Overture airliner, Symphony engine, and XB-1 supersonic demonstrator aircraft. Boom also announced the closing of a round of investment that increased its total funding to more than $700 million.

“Our goal is to bring the world closer together through faster flights,” said Blake Scholl, founder and CEO of Boom Supersonic. “We’re excited to collaborate with partners and investors around the globe as we work to realize our shared vision.”