Boom Supersonic, a Denver, CO-based aerospace company building commercial airliner, received a strategic investment from American Express Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds for the continued development of its flagship product, the supersonic airliner Overture.
Led by Blake Scholl, founder and CEO, Boom Supersonic is a commercial air travel company bringing supersonic flight back to the skies with Overture. XB-1, Boom’s supersonic demonstrator aircraft for Overture, rolled out in 2020 and is poised for its first flight in 2021. Founded in 2014, the company has a team of over 150 full-time employees.