Boom Supersonic was founded in 2014 by Blake Scholl, Joe Wilding, and Joshua Krall. According to Business Outreach in August 2023, “The aerospace sector is Boom Supersonic’s main industry, and it had a 6.6% CAGR growth from 2022 to 2023, increasing its global market value from $261.12 billion to $278.43 billion.” While the global market value has increased, Boom Supersonic has not officially endorsed plans to participate in an IPO.
Boom Supersonic is an aerospace company that is working to make supersonic air travel technologically and commercially viable. Per Forge data, the company has raised a total of $207.5 million in funding over 15 rounds. The latest funding round for Boom Supersonic was on Mar 30, 2023. Key investors include Prime Movers Lab, The U.S. Airforce, Celesta Capital, Emerson Collective, and Momentum Ventures.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/01/2024 | Series A | $298.48MM | $xx.xx | $40.17B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
328,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|