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Boom Supersonic announced Thursday the milestones the Overture airliner, Symphony engine and XB-1 supersonic demonstrator programs have achieved. The company has also confirmed the closing of an investment round that includes a strategic investment from the NEOM Investment Fund, with Boom's total funding now exceeding $700 million.
"Our goal is to bring the world closer together through faster flights," Boom Supersonic Founder and CEO Black Scholl said. "We're excited to collaborate with partners and investors around the globe as we work to realize our shared vision."The Overture
The NEOM Investment Fund was announced on Oct. 24, acting as the investment portion of NEOM, the sustainable regional development in northwest Saudi Arabia. Boom and NIF agreed to collaborate on opportunities to make the Gulf region more accessible through supersonic flight. The investment has brought Boom's total funding from investment and capital sources to over $700 million.
The XB-1 jet remains on track for its historic first flight later this year at the Mojave Air and Space Port, the same airspace where legendary aviator Charles "Chuck" Yeager first broke the sound barrier in the Bell X-1 and where the Mach 3+, strategic reconnaissance SR-71 Blackbird flew for the first time in 1964. After receiving its airworthiness certificate from the FAA the XB-1 successfully completed a number of integrated tests including ground vibration mode testing, fuel system integrated testing engine operability testing and medium-speed taxi testing up to 90 knots. After its Flight Readiness Review last week the XB-1 will begin conducting high-speed taxi testing in the final phase of preparation for its first flight.RELATED STORIES:Boom Supersonic reaches Overture Superfactory construction milestoneBoom Supersonic preparing for supersonic flight with XB-1 jetBoom Supersonic reveals progress on Overture
Boom's Symphony propulsion system, which has been purpose-built for sustainable and economical supersonic flight, has successfully conducted important engineering milestones for 2023, otherwise known as the Conceptual Design Review. This achievement opens the Symphony's first hardware rig tests in 2024. The propulsion system is being developed with GE Additive for additive technology design consulting, Florida Turbine Technologies for engine design and StandardAero for maintenance.
On Sept. 20 Boom celebrated the completion of the building frame on its Overture Superfactory at the Piedmont Triad International Airport (GSO) in Greensboro, North Carolina. Boom completed the decking on the top of the structure, poured concrete flooring and installed metal side wall panels. The construction of the building is ahead of schedule and is expected to be completed in the second quarter of 2024. @globalair.com Boom Supersonic has revealed the latest milestones for its Overture airliner and XB-1 jet, as well as for its Symphony engine and latest investment. Footage thanks to Boom Supersonic. #supersonic #aviation #boomsupersonic #avgeek #aviationgeek #aviationnews #aircraft #planes #aviationtiktok ? original sound - GlobalAir.com
Boom is working toward transforming air travel with the Overture, the world's fastest airliner. The supersonic aircraft will fly twice the speed of traditional airliners and is optimized to run on 100 percent SAF. The Overture book order has reached 130 aircraft, including orders and pre-orders from United Airlines, American Airlines and Japan Airlines. Boom is also working with Northrop Grumman for government and defense applications for the Overture.