Colorado startup developing supersonic plane
Updated December 15, 2020, 7:30 p.m.
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Colorado startup developing supersonic plane
Boom Supersonic, a Colorado-based startup working on a new supersonic aircraft, is raising a $50 million funding round that will bring the companyâs valuation to more than $1 billion, according to chief executive Blake Scholl. The plane is still in the design phase, with a scaled-down prototype scheduled to fly next year. Boom plans to break ground on a factory for full-scaled aircraft in 2022. If it can stick to its schedule, it could start a test flights for its first commercial plane by 2026. Japan Airlines has already placed preorders for the jets, which will be able to fly twice as fast as existing commercial aircraft. Boomâs existing investors include philanthropist Laurene Powell Jobsâs Emerson Collective, Stripe co-founder John Collison, venture firm Bolt and Y Combinator Continuity. The Concorde, a previous supers