Boom Technology


Boom Technology, Inc., doing business as Boom Supersonic, is an American startup company designing a 55-passenger supersonic transport with a range of, to be introduced in 2023, called the Overture.
After being incubated by Y Combinator in 2016, it raised $51 million of venture capital in 2017, and a further $100 million by January 2019.
The Boom XB-1 Baby Boom one-third-scale demonstrator is expected to begin flight testing in 2021.

History

The company was founded in Denver in 2014.
It participated in a Y Combinator startup incubation program in early 2016, and has been funded by Y Combinator, Sam Altman, Seraph Group, Eight Partners, and others.
In March 2017, $33 million were invested by several venture funds: Continuity Fund, RRE Ventures, Palm Drive Ventures, 8VC and Caffeinated Capital.
Boom secured $41 million of total financing by April 2017.
In December 2017, Japan Airlines invested $10 million, raising the company capital to $51 million: enough to build the XB-1 “Baby Boom” demonstrator and complete its testing, and to start early design work on the 55-seat airliner. In January 2019, Boom raised a further $100 million, bringing the total to $151 million. With this new financing, the first test flight of the demonstrator aircraft was planned for later in 2019.

XB-1 Baby Boom

The XB-1 Baby Boom is a one-third-scale supersonic demonstrator, designed to maintain Mach 2.2, with over of range, and powered by three dry General Electric J85-15s.
It is expected to be flight tested in 2021. A simulator for the XB-1 has been constructed using X-Plane 11 to test the flight model.

Overture airliner

The Overture is a proposed, 55-passenger supersonic transport with of range, to be introduced in 2025.
With 500 viable routes, there could be a market for 1,000 supersonic airliners with business class fares. It had gathered 76 commitments by December 2017. It would keep the delta wing configuration of Concorde but would be built with composite materials. It would be powered by three dry turbofans; a derivative or a clean-sheet design will be selected in 2019.