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Boom Supersonic Stock (BOSU)
Boom Supersonic is a commercial airplane manufacturer that builds supersonic airliners designed for speed, safety, and sustainability.
Boom Supersonic is a commercial airplane manufacturer that builds supersonic airliners designed for speed, safety, and sustainability.
About Boom Supersonic Stock
Founded
2014
Headquarters
Centennial, CO, US
Total Funding
298M
Industries
Manufacturing, Science and Engineering, Travel and Tourism
Boom Supersonic is a commercial airplane manufacturer that aims to build supersonic airliners designed for speed, safety, and sustainability. Boom’s commercial airliner, Overture will aim to be net-zero carbon, capable of flying on 100% sustainable aviation fuels (SAF) and cruise at Mach 1.7 or roughly twice the speed of today’s passenger jets. Boom looks to achieve this through the development of its sustainable and cost-efficient engine, Symphony.
Boom Supersonic was founded in 2014 and is headquartered in Denver, Colorado. Notable investors include Bessemer Venture Partners, Prime Movers Lab, Emerson Collective, and American Express Ventures.
Boom Supersonic Press Mentions
Stay in the know about the latest news on Boom Supersonic
Hackaday Links: February 2, 2025
hackaday • Feb 03, 2025
Boom Supersonic's XB-1 aircraft breaks sound barrier in California
taiwansun • Feb 02, 2025
First independently developed jet breaks the sound barrier over the California desert
twincities • Jan 30, 2025
First independently developed jet breaks the sound barrier over the California desert
sbsun • Jan 30, 2025
The 16 Largest US Funding Rounds of December 2024
alleywatch • Jan 30, 2025
Investors in Boom Supersonic
Discover investors in Boom Supersonic stock and explore their portfolio companies
Boom Supersonic Management
Leadership team at Boom Supersonic
Chief Executive Officer
Blake Scholl
Senior Vice President of Finance
Adam Dubas
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Boom Supersonic Key Facts
• The ability to cover long distances in a fraction of the time opens up new possibilities for global business, tourism, and connectivity. This can potentially expand the addressable market beyond traditional premium travelers to include time-sensitive professionals, celebrities, and diplomats. Per MarketsandMarkets, "The supersonic aircraft market is estimated at USD 25.5 billion in 2022 and is projected to reach USD 34.9 billion by 2027, at a CAGR of 6.5% from 2022 to 2027."
• Boom's Overture aircraft promises to leverage advancements in aerodynamics, materials science, and engine technology to achieve supersonic speeds efficiently. This includes innovations in noise reduction, fuel efficiency, and sustainability, addressing previous concerns that plagued older supersonic jets like the Concorde.
• Being at the forefront of the supersonic aviation revival positions Boom Supersonic as a pioneer in an emerging market. Early market entry allows the company to establish brand recognition, build customer loyalty, and set industry standards for safety and performance.
• Developing and certifying a new aircraft is capital-intensive. Boom Supersonic's ability to secure sufficient funding and manage cash flow effectively amidst ongoing R&D expenses, without a clear path to profitability, poses financial risks.
• The market demand for supersonic travel remains uncertain, particularly given historical challenges with operating costs, ticket pricing, and limited routes. Consumer willingness to pay a premium for speed over cost-effective alternatives like subsonic flights could limit widespread adoption.
• Obtaining regulatory approval for supersonic flight operations involves stringent safety, noise, and environmental standards. Any delays or failures to meet regulatory requirements could delay market entry and increase operational costs.
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