American Express Ventures makes strategic investment in Boom Supersonic

©Boom's supersonic airliner Overture

Boom Supersonic has announced a strategic investment from American Express Ventures. The funds will support the continued development of Boom’s flagship product, the supersonic airliner Overture.

Overture is Boom’s 65- to 88-seat supersonic airliner, capable of running on 100% sustainable aviation fuel. The supersonic aircraft is slated to roll out in 2025 and begin commercial flights by 2029. Built on the core principles of
speed, safety and sustainability, Overture will fly twice as fast as conventional jets over more than 500 transoceanic routes worldwide. Boom currently has US$6 billion in pre-orders of Overture aircraft.

“Boom is building a supersonic passenger aircraft that will make travel faster and more sustainable,” said Harshul Sanghi, Global Head of Amex Ventures. “Travel has been a key part of American Express’ heritage and it remains an integral part of our Card Members’ lifestyles. We are excited to support Boom’s development and invest in the future of travel.”

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