Boom Supersonic

 

Where is Boom Supersonic located?

Founded in 2014 and based in Englewood, CO, with production in Greensboro, North Carolina, it employs around 150 people. The company is part of the Mobility vertical at IPO CLUB and in the Aerospace, Defense sectors.

Company Synopsis

Manufacturer of supersonic aircraft intended to make the world dramatically accessible. The company's aircraft are made up of advanced aerodynamics and engines and are designed to accommodate next-generation sustainable alternative fuels, enabling travelers to save time and money on long-distance travel.

How to invest in Boom Supersonic stock?

Business Development

1) There is a market for commercial aircraft, which was denied a product with the retirement of Concorde in 2003.

2) A larger addressable market than Concorde because of reduced noise and the expectation to fly above populous areas; quietness is more important than fuel efficiency as it will open routes like New York and Los Angeles.

With the commercial rollout due to start in 2029, an IPO is not immediate.

Is Boom Supersonic publicly traded?

Boom Supersonic is a private company with notable shareholders, including Japan Airlines, 8VC, Y Combinator, Schindler AM, and American Express Ventures. To buy Boom Supersonic stock, you can use the secondary markets. On IPO CLUB investors can buy Boom Supersonic stocks from current shareholders. Again, it would be best if you were generally accredited, qualified, or institutional investors to access these markets.

What is an IPO?

Boom Supersonic stock

Boom Supersonic stock price

Boom Supersonic stock price: IPO CLUB Valuation at Market©

We stopped covering Boom Supersonic in Q3 2023

For more coverage about Boom Supersonic, subscribe to our club letter

Most Recent Financing Status:

The company raised an estimated and additional $146 million of Series C venture funding from Bessemer Venture Partners and Lateral Capital Management on October 21, 2021, putting the company's post-money valuation at an estimated $1.34 billion. Other undisclosed investors also participated in the round. Previously, the company raised an additional $45 million of Series C venture funding from American Express Ventures, VisionPassage and Star Tech NG on April 15, 2021, putting the company's premoney valuation at $1.15 billion. SchindlerAM Ventures, Prime Movers Lab and Angel Collective Opportunity Fund also participated in the round.

Latest news

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United Airlines’ Bet on Supersonic Flight Faces Financial, Tech Hurdles | WSJ

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