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Where is boom based?

In January 2022, the company announced plans to build a 400,000 square feet (37,161 m 2) manufacturing facility on a 65 acres (263,046 m 2) site at Piedmont Triad International Airport in Greensboro, North Carolina. In November 2023, a representative of the NEOM Investment Fund announced their investment in Boom at an undisclosed amount.

How much money did boom invest in in 2017?

In March 2017, $33 million were invested by several venture funds: Continuity Fund, RRE Ventures, Palm Drive Ventures, 8VC and Caffeinated Capital. Boom secured $41 million of total financing by April 2017.

Is boom a'supersonic jet'?

The company expects to test a prototype next year. A model of a Boom Supersonic passenger jet. Boom Technology Inc., a Colorado-based startup working on a new supersonic aircraft, is raising a $50 million funding round that will bring the company’s valuation to more than $1 billion, according to Chief Executive Officer Blake Scholl.

Who is Boom Supersonic?

Boom Supersonic is participating in a NASA -led study to develop concept designs and technology roadmaps for a Mach 4 airliner. Boom is part of a team led by Northrop Grumman Aeronautics Systems, alongside Blue Ridge Research and Consulting and Rolls-Royce North American Technologies.

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