Boom Technology

Greensboro College Partners with Boom Supersonic to Discuss Potential Workforce Development Partnership

Retrieved on: 
Tuesday, April 25, 2023

GREENSBORO, N.C., April 25, 2023 /PRNewswire/ -- Late last week, the Center for Innovation and Workforce Development at Greensboro College met and hosted a tour for several officials from Boom Supersonic, including Chris Taylor, VP of Manufacturing.

Key Points: 
  • GREENSBORO, N.C., April 25, 2023 /PRNewswire/ -- Late last week, the Center for Innovation and Workforce Development at Greensboro College met and hosted a tour for several officials from Boom Supersonic, including Chris Taylor, VP of Manufacturing.
  • The company plans to hire workers and interns over the coming years, and Greensboro College met with the officials to discuss a potential partnership through the school's workforce development program (WFD) as well as various degree programs.
  • "The Center for Innovation and Workforce Development is a new online certificate platform in the college's 185-year tradition of workforce development grounded in the liberal arts core mission of the college," said Dr. Lawrence Czarda, president of Greensboro College.
  • "What Boom Supersonic is seeking with its labor force perfectly aligns with several of the aerospace programs within the college's workforce development offerings."

JetBlue Announces First Quarter 2023 Results

Retrieved on: 
Tuesday, April 25, 2023

JetBlue Airways Corporation (NASDAQ: JBLU) today reported its results for the first quarter of 2023.

Key Points: 
  • JetBlue Airways Corporation (NASDAQ: JBLU) today reported its results for the first quarter of 2023.
  • “Thanks to our team's collective hard work, our first quarter financial results came in better than expectations, and we are forecasting strong sequential pre-tax margin improvement into the second quarter.
  • Net loss for the first quarter of 2023 under Generally Accepted Accounting Principles (GAAP) of $(192) million or $(0.58) per share.
  • Operating revenue of $2.3 billion for the first quarter of 2023, up 34.1% year-over-year.

Sustainable Aviation Buyers Alliance Announces Aviation Decarbonization First, with Collective Purchase of Sustainable Aviation Fuel Certificates

Retrieved on: 
Tuesday, April 4, 2023

BOULDER, Colo., April 4, 2023 /PRNewswire/ -- For the first time, companies including Bank of America, Boom Supersonic, Boston Consulting Group, JPMorgan Chase & Co., Meta and clean energy nonprofit RMI are joining together through the Sustainable Aviation Buyers Alliance (SABA) to purchase sustainable aviation fuel (SAF) certificates at scale. This leap forward from previous individual SAF certificate purchases by corporations dramatically strengthens the demand signal aviation customers are sending to the SAF market.

Key Points: 
  • Through the Sustainable Aviation Buyers Alliance ( SABA ), major corporations will be purchasing sustainable aviation fuel (SAF) certificates for nearly 850,000 gallons of high-integrity SAF produced by World Energy and helping fuel JetBlue flights, reducing an estimated 8,500 tons of CO2 on a lifecycle basis.
  • BOULDER, Colo., April 4, 2023 /PRNewswire/ -- For the first time, companies including Bank of America, Boom Supersonic, Boston Consulting Group, JPMorgan Chase & Co., Meta and clean energy nonprofit RMI are joining together through the Sustainable Aviation Buyers Alliance ( SABA ) to purchase sustainable aviation fuel (SAF) certificates at scale.
  • Currently, SAF makes up less than 0.1% of global jet fuel supply and sells at a significant premium to fossil jet fuel.
  • SABA members are purchasing SAF certificates linked to 850,000 gallons of this high-integrity SAF, which is being used to fuel JetBlue flights this year.

Breaking Boundaries: Momentum Ventures' Take on the Future of Supersonic Travel with Boom Supersonic Investment

Retrieved on: 
Thursday, March 30, 2023

Boom Supersonic is an exciting and ambitious startup that is working to bring supersonic travel back to commercial aviation.

Key Points: 
  • Boom Supersonic is an exciting and ambitious startup that is working to bring supersonic travel back to commercial aviation.
  • The firm sees tremendous potential in supersonic travel and believes that Boom Supersonic is well-positioned to lead the industry into the future.
  • The investment in Boom Supersonic is consistent with Momentum Ventures' focus on the future of travel.
  • "Our investment in Boom Supersonic is just the latest example of our commitment to investing in the future of travel," said Keezer.

Rescale Named to Y Combinator's Top Companies List for Fifth Year in a Row

Retrieved on: 
Tuesday, February 28, 2023

SAN FRANCISCO, Feb. 28, 2023 /PRNewswire/ -- Rescale, the leader in high performance computing built for the cloud, was recently named to the 2023 Y Combinator's Top Companies list, reaffirming their position as a power player in the world of computational engineering and R&D.

Key Points: 
  • "We're honored to be recognized by Y Combinator on their Top Companies list for the fifth year in a row," said Joris Poort, Founder and CEO of Rescale.
  • Listed and ranked by valuation, Rescale joins other Y Combinator alumni like Boom Supersonic, Stripe, and Instacart on the Top Private Companies list.
  • Rescale completed the program in 2012 and has been named to the Top Companies list every year since it was created.
  • This year marks the fifth time Y Combinator has published the Top Companies list.

Loyal Appoints Blake Scholl to its Board of Directors

Retrieved on: 
Wednesday, February 15, 2023

Loyal , a biotech company developing the world’s first drugs intended to extend the healthy lifespan of dogs, announced today that Blake Scholl has joined as an Independent Director.

Key Points: 
  • Loyal , a biotech company developing the world’s first drugs intended to extend the healthy lifespan of dogs, announced today that Blake Scholl has joined as an Independent Director.
  • View the full release here: https://www.businesswire.com/news/home/20230215005837/en/
    Loyal appoints Blake Scholl to Board of Directors (Photo: Business Wire)
    Blake Scholl is the Founder and CEO of Boom Supersonic , the company building the world’s fastest airliner.
  • Prior to founding Boom in 2014, Blake held leadership roles at Amazon and Groupon and co-founded mobile technology startup Kima Labs.
  • Blake joins existing Board of Directors Laura Deming of The Longevity Fund and Celine Halioua, and Board Observers Josh Kopelman of First Round Capital and Greg Rosen of Box Group.

Boom Supersonic Begins Construction on Overture Superfactory

Retrieved on: 
Thursday, January 26, 2023

GREENSBORO, N.C. and DENVER, Jan. 26, 2023 /PRNewswire/ -- Boom Supersonic, the company building the world's fastest airliner, kicked off construction of its Overture Superfactory today in Greensboro, North Carolina. The Overture Superfactory is a state-of-the-art manufacturing facility located on a 62-acre campus at the Piedmont Triad International Airport. This site will house the final assembly line, as well as test facility, and customer delivery center for Boom's flagship supersonic airliner, Overture.

Key Points: 
  • Boom is joined by North Carolina Governor Roy Cooper and Senate Leader Phil Berger at groundbreaking event in Greensboro, NC
    GREENSBORO, N.C. and DENVER, Jan. 26, 2023 /PRNewswire/ -- Boom Supersonic , the company building the world's fastest airliner, kicked off construction of its Overture Superfactory today in Greensboro, North Carolina.
  • The Overture Superfactory is a state-of-the-art manufacturing facility located on a 62-acre campus at the Piedmont Triad International Airport.
  • "Today's groundbreaking for the Overture Superfactory represents a significant step forward in building sustainable and accessible supersonic travel for the world," said Kathy Savitt, President of Boom Supersonic.
  • Throughout this year, Boom will focus on construction of the Overture Superfactory with BE&K Building Group and their design partner, BRPH.

Boom Supersonic Begins Construction on Overture Superfactory

Retrieved on: 
Thursday, January 26, 2023

GREENSBORO, N.C. and DENVER, Jan. 26, 2023 /PRNewswire/ -- Boom Supersonic, the company building the world's fastest airliner, kicked off construction of its Overture Superfactory today in Greensboro, North Carolina. The Overture Superfactory is a state-of-the-art manufacturing facility located on a 62-acre campus at the Piedmont Triad International Airport. This site will house the final assembly line, as well as test facility, and customer delivery center for Boom's flagship supersonic airliner, Overture.

Key Points: 
  • Boom is joined by North Carolina Governor Roy Cooper and Senate Leader Phil Berger at groundbreaking event in Greensboro, NC
    GREENSBORO, N.C. and DENVER, Jan. 26, 2023 /PRNewswire/ -- Boom Supersonic , the company building the world's fastest airliner, kicked off construction of its Overture Superfactory today in Greensboro, North Carolina.
  • The Overture Superfactory is a state-of-the-art manufacturing facility located on a 62-acre campus at the Piedmont Triad International Airport.
  • "Today's groundbreaking for the Overture Superfactory represents a significant step forward in building sustainable and accessible supersonic travel for the world," said Kathy Savitt, President of Boom Supersonic.
  • Throughout this year, Boom will focus on construction of the Overture Superfactory with BE&K Building Group and their design partner, BRPH.

Global and Regional Supersonic and Hypersonic Aircraft Market Analysis and Forecasts, 2022-2032: Increased Demand in Military and Commercial Air-Cargo Flights to Take the Market to New Heights - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 5, 2023

The "Supersonic and Hypersonic Aircraft Market - A Global and Regional Analysis: Focus on Application, Subsystem, Speed Regime, and Country - Analysis and Forecast, 2022-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Supersonic and Hypersonic Aircraft Market - A Global and Regional Analysis: Focus on Application, Subsystem, Speed Regime, and Country - Analysis and Forecast, 2022-2032" report has been added to ResearchAndMarkets.com's offering.
  • The manufacturers of supersonic and hypersonic aircraft are witnessing a high demand from the defense industry as well as is expected to enter the commercial market by 2025 at the earliest.
  • The ecosystem of the supersonic and hypersonic aircraft manufacturing market comprises aircraft manufacturers, subsystem manufacturers, and end users.
  • The top segment players leading the market include established players of supersonic and hypersonic aircraft, who constitute 60% of the presence in the market.

Kratos Selected as Engine Design Team for Boom-led Collaboration on Symphony™, the Sustainable and Cost-Efficient Engine for Overture

Retrieved on: 
Tuesday, December 13, 2022

Symphony will be a bespoke design leveraging proven technologies and materials to achieve optimal supersonic performance and efficiency.

Key Points: 
  • Symphony will be a bespoke design leveraging proven technologies and materials to achieve optimal supersonic performance and efficiency.
  • Overture’s new propulsion system is expected to operate at net zero carbon and meet Chapter 14 noise levels.
  • “Developing a supersonic engine specifically for Overture offers by far the best value proposition for our customers,” said Blake Scholl, Founder and CEO of Boom Supersonic.
  • Applying our leading technology and engine design experience and capabilities for supersonic applications for military and commercial programs and systems has been a long-term strategic focus for Kratos.