Boom Technology

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Boom Technology, Inc
Private
IndustryAerospace industry
Founded2014
FoundersScholl, Wilding, Krall.
HeadquartersDenver, Colorado
Key people
  • Blake Scholl (CEO)
  • Joe Wilding (Chief Engineer)
  • Josh Krall (CTO)
ProductsSupersonic aircraft design
Websiteboomsupersonic.com

Boom Technology 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 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 should be flight tested in 2019.[1][2]

History[edit]

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[edit]

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. Powered by three 4,300 lbf (19 kN) dry General Electric CJ610s, it is expected to be flight tested in 2019.

Overture airliner[edit]

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.[9] 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[10] 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.[11]

See also[edit]

References[edit]

  1. ^ "Supersonic 'Son of Concorde' to take flight this year after $100m investment". The Independent. 2019-01-09. Retrieved 2019-01-11.
  2. ^ Trimble, Stephen (2018-07-18). "FARNBOROUGH: Boom delays XB-1 demonstrator another year". Flightglobal.com. Retrieved 2019-01-11.
  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. ^ Mark Phelps (July 18, 2018). "Supersonic Future Remains Uncertain, Says New Report". AIN online.
  10. ^ Bjorn Fehrm (November 17, 2016). "Will Boom succeed where Concorde failed?". Leeham News.
  11. ^ Graham Warwick (Jan 23, 2019). "Boom Advances Overture Supersonic Airliner As Demonstrator Takes Shape". Aviation Week & Space Technology.

External links[edit]