Wednesday, 29 March 2017

Boom raises US$33 million to get supersonic jet off the ground

Boom is working to build a low-cost supersonic commercial airliner

Boom Technology has made a significant step forward in its quest to build a new generation of supersonic passenger planes, as it recently announced that it has quadrupled its working capital. Through Series A funding involving 8VC, Caffeinated Capital, Palm Drive Ventures, RRE Ventures, Y Combinator's Continuity Fund, and several angel investors, the company has raised an additional US$33 million, giving it a total capital of US$41 million.

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Category: Aircraft

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