Boom raises $100 million for supersonic commercial airliner

Startup Boom Supersonic has closed a $100 million Series B investment round to finance continued work on its Mach 2.2 commercial airliner—now called the Overture. The 55-seat aircraft is planned to enter service in the mid-2020s.

Selection efforts are ongoing for the manufacturing site for Overture, which will begin passenger service in the mid-2020s. Future customers include Virgin Group and Japan Airlines, which have pre-ordered a combined 30 Overture airliners.

Collected and summarized from the source below by Minh Pham  http://atwonline.com/technology/boom-raises-100-million-supersonic-commercial-airliner