Boom Technology

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Boom Technology, Inc.
Company typePrivate
IndustryAerospace industry
Founded2014; 10 years ago (2014)
Denver, Colorado, U.S.
FoundersBlake Scholl
Joe Wilding
Josh Krall
HeadquartersCentennial Airport, Dove Valley, Colorado
Key people
  • Blake Scholl (CEO)
  • Joe Wilding (Chief Engineer)
  • Josh Krall (CTO)
ProductsSupersonic aircraft design
Websiteboomsupersonic.com

Boom Technology, Inc., doing business as Boom Supersonic,[1] is an American startup company designing a Mach 2.2 (1,300 kn; 2,300 km/h) 55-passenger supersonic transport with a range of 4,500 nmi (8,300 km), 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.[2]

History

The company was founded in Denver in 2014.[3] 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.[4]

In March 2017, $33 million were invested by several venture funds: Continuity Fund, RRE Ventures, Palm Drive Ventures, 8VC and Caffeinated Capital.[5] Boom secured $41 million of total financing by April 2017.[6] 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.[5] In January 2019, Boom raised a further $100 million, bringing the total to $151 million.[7] With this new financing, the first test flight of the demonstrator aircraft was planned for later in 2019.[8]

XB-1 Baby Boom

The XB-1 Baby Boom is a one-third-scale supersonic demonstrator, designed to maintain Mach 2.2, with over 1,000 nmi (1,900 km) of range, and powered by three 4,300 lbf (19 kN) dry General Electric J85-15s.[9] It is expected to be flight tested in 2021.[2] A simulator for the XB-1 has been constructed using X-Plane 11 to test the flight model.[10]

Overture airliner

The Overture is a proposed Mach 2.2 (1,300 kn; 2,300 km/h), 55-passenger supersonic transport with 4,500 nmi (8,300 km) of range,[6] to be introduced in 2025.[11] With 500 viable routes, there could be a market for 1,000 supersonic airliners with business class fares.[6] It had gathered 76 commitments by December 2017.[5] It would keep the delta wing configuration of Concorde[12] but would be built with composite materials.[5] It would be powered by three dry 15,000–20,000 lbf (67–89 kN) turbofans;[5] a derivative or a clean-sheet design will be selected in 2019.[13]

See also

References

  1. ^ Boom Supersonic to Roll Out Historic XB-1 Demonstrator Oct. 7
  2. ^ a b "A revival of ultrafast supersonic passenger jet travel is inching closer to reality – take a look at the prototype debuting in October". Business Insider. Retrieved 2020-07-12.
  3. ^ Vance, Ashlee (21 March 2016). "This Aerospace Company Wants to Bring Supersonic Civilian Travel Back". Bloomberg.
  4. ^ Kokalitcheva, Kia (23 March 2016). "This Startup Is Developing Supersonic Planes for Virgin Group". Fortune.
  5. ^ a b c d e Stephen Trimble (5 Dec 2017). "JAL invests heavily in supersonic Boom". Flightglobal.
  6. ^ a b c Aaron Karp (May 3, 2017). "Boom CEO sees market for 1,000 supersonic passenger jets by 2035". Air Transport World. Aviation Week.
  7. ^ Bogaisky, Jeremy. "Boom Raises $100M To Develop A Supersonic Airliner. It's Going To Need A Whole Lot More". Forbes. Retrieved 2019-01-05.
  8. ^ Boom Supersonic Closes 100 Million Series B to Develop Overture, its Revolutionary Mach-2.2 Airliner (PR Web, January 2019)
  9. ^ Guy Norris (Jul 10, 2018). "Boom Focuses On Derivative Engines For Supersonic Airliner Plan". Aviation Week & Space Technology.
  10. ^ "Boom - XB-1". boomsupersonic.com. Retrieved 2019-11-20.
  11. ^ Mark Phelps (July 18, 2018). "Supersonic Future Remains Uncertain, Says New Report". AIN online.
  12. ^ Bjorn Fehrm (November 17, 2016). "Will Boom succeed where Concorde failed?". Leeham News.
  13. ^ Graham Warwick (Jan 23, 2019). "Boom Advances Overture Supersonic Airliner As Demonstrator Takes Shape". Aviation Week & Space Technology.

External links