Amex Ventures’ Investment Will Support Boom’s Development of Sustainable Supersonic Airliner
Boom Supersonic, the aerospace company building the world’s fastest and most sustainable commercial airliner, today announced a strategic investment from American Express Ventures. The funds will support the continued development of Boom’s flagship product, the supersonic airliner Overture.
Overture is Boom’s 65- to 88-seat supersonic airliner, capable of running on 100% sustainable aviation fuel. The supersonic aircraft is slated to roll out in 2025 and begin commercial flights by 2029. Built on the core principles of speed, safety and sustainability, Overture will fly twice as fast as conventional jets over more than 500 transoceanic routes worldwide. Boom currently has $6 billion in pre-orders of Overture aircraft.
“We’re proud that Amex Ventures shares our commitment to making the world more accessible by bringing sustainable supersonic travel to passengers everywhere,” said Blake Scholl, Boom founder and CEO. “2021 is a pivotal year for Boom. As we prepare to fly our supersonic demonstrator, XB-1, we are also accelerating Overture development.” Read More >>