The company plans to build its Mach 1.7 Overture business jet at a new North Carolina facility.
The grant will fast-track development of Boom’s Overture, as the jetmaker foresees multiple supersonic missions for the Air Force.
The Hermeus jet has a projected top speed of Mach 5.5—or 4,219 mph—making it the fastest reusable jet on the planet.
The airline plans to buy the Overture jets from Boom Supersonic to make its fleet faster and more sustainable.
Aerion said that it could not raise enough capital to fund production of its new AS2 supersonic business jet.
The jet’s interior includes two private suites with VIP seats that can carry 31 passengers.
The commercial jet will be able to transport 50 passengers at speeds nearing 4,000 miles per hour.
The owner of the world’s largest fleet of business jets gave supersonic technology a big vote of confidence.
The future plane could cut long-haul flights in half.