Jet startup Boom believes the future is supersonic, and it’s now got enough money to prove it.
The company announced on Thursday that it raised $33 million for its first major round of funding, enough for the company to build a demonstrator of its XB-1 supersonic aircraft.
Boom first emerged in 2016 with grand plans to create supersonic passenger jets that could reach 1,450 miles per hour. The company hopes to test its XB-1 demonstrator in 2017, with commercial flights still a few years away.
That aircraft will be one-third the size of the passenger aircraft that Boom hopes to eventually build. The XB-1 “will demonstrate in flight the key technologies for practical supersonic travel” — essentially proving that the company’s technology and design can make supersonic flights safe and efficient. …
Via: Mashable: Business