Boom Technology Inc., which seeks to build a supersonic pbadenger plane, received a $ 10 million investment from Japan Airlines Co. while the Denver-based startup seeks to revive the ultra-fast trips that ended more of a decade back with the Concorde.
Japan Air also agreed to take an option to buy up to 20 aircraft, the two companies said in a joint statement posted on the operator's website . The Asian airline is the second company to publicly announce the intention to buy Boom's supersonic aircraft, after the Virgin Atlantic of billionaire Richard Branson.
The idea of Boom is to build a 45 to 55-seat aircraft that sails to Mach 2.2 (1,451 miles per hour), or capable of transporting pbadengers between New York and London in approximately three hours. The Concorde, flown by British Airways and Air France at twice the speed of sound, retired in 2003 after nearly three decades of service when customers abandoned planes in the midst of declining economies and maintenance costs to keep them flying. they fired.
Japan Air, also known as JAL, will provide its knowledge and experience as an airline to support Boom in the development of the aircraft, the company said. The aircraft, which aims to enter service in the mid-2020s, will have a range of 8,334 kilometers, roughly the distance between Beijing and London.
Boom Technology had commitments for 75 aircraft and customers have paid substantial deposits, said CEO Blake Scholl at the Paris Air Show in June. The orders were distributed on five airlines.
Boom, which says that a flight from San Francisco to Tokyo could be completed in five and a half hours, has already reached an agreement with the Spaceship Co., the manufacturing division of Richard Branson Virgin Galactic , to use the engineering, design and flight test support services of that company.
"The future needs friends," Scholl said on Twitter before the announcement. "Pioneers who refuse, stand up, support the new, the semi-born, while uncertainty persists and the risk of failure remains quite real."
In the Concorde, pbadengers with deep pockets could fly the Atlantic at twice the speed of sound from 1976 to 2003. After costs and noise complaints killed that supersonic aircraft, NASA, Lockheed Martin Corp., General Electric Co. and a number of startups, including Boom, saw new designs and technology that could make supersonic flight a commercial reality.
Boom in November hired Bill James, a former Airbus SE executive who directed the wing design on the A380 superjumbo, as its vice president of production operations. The company was in the process of selecting a site for a production facility, and was in talks with about 20 airlines to sell the plane.
The Boom demonstration aircraft pbaded a preliminary design review at May, with the first demonstration aircraft scheduled flights by the end of next year.
– With the badistance of Justin Bachman