PR94265

DENVER, Jan. 27, 2022 /PRNewswire=KYODO JBN/ --

-- Overture Superfactory in Piedmont Triad Area to Break Ground in 2022 and

Begin Production in 2024, Adding More Than 2,400 Local Jobs by 2032

Boom Supersonic (

https://c212.net/c/link/?t=0&l=en&o=3424531-1&h=2505661118&u=http%3A%2F%2Fwww.boomsupersonic.com%2F&a=Boom+Supersonic

), the company building the world's fastest and most sustainable supersonic

airliner, today announced it has selected the Piedmont Triad International

Airport in Greensboro, North Carolina as the site of its first full-scale

manufacturing facility.

Logo - https://mma.prnewswire.com/media/1200803/Boom_Logo.jpg

The Overture Superfactory will be a state-of-the-art manufacturing facility,

including the final assembly line, test facility, and customer delivery center

for the Overture (

https://c212.net/c/link/?t=0&l=en&o=3424531-1&h=26015344&u=http%3A%2F%2Fwww.boomsupersonic.com%2Foverture&a=Overture

) supersonic airliner. Carrying 65 to 88 passengers, Overture is capable of

flying on 100% sustainable aviation fuel (SAF) at twice the speed of today's

fastest passenger jets.

"Selecting the site for Overture manufacturing is a significant step forward in

bringing sustainable supersonic air travel to passengers and airlines," said

Blake Scholl, founder and CEO of Boom Supersonic. "With some of the country's

best and brightest aviation talent, key suppliers, and the state of North

Carolina's continued support, Boom is confident that Greensboro will emerge as

the world's supersonic manufacturing hub."

North Carolina offers Boom an optimal location for its manufacturing facility

thanks to its strong aerospace workforce, which includes a large number of U.S.

military veterans. North Carolina also affords good access to technical

schools, providing Boom with a pipeline of skilled labor. The Piedmont Triad

area is in close proximity to many tier-one aerospace suppliers, benefitting

Boom as Overture production ramps. Additionally, the close proximity to the

eastern seaboard facilitates supersonic flight testing over the Atlantic Ocean.

Boom corporate headquarters remains just outside of Denver, Colorado.

The Overture Superfactory will be approximately 400,000 square feet and

constructed on a 65-acre campus at the Piedmont Triad International Airport.

Boom will bring more than 1,750 jobs to North Carolina by 2030, expanding to a

total of more than 2,400 jobs by 2032. North Carolina economists estimate that

the Overture Superfactory will grow the state's economy by at least $32.3

billion over 20 years.

To develop the next generation of supersonic professionals, Boom will also

create 200 internships through 2032 for students who attend publicly funded

North Carolina universities, community colleges, or technical schools.

"It is both poetic and logical that Boom Supersonic would choose the state

that's first in flight for its first manufacturing plant," said North Carolina

Governor Roy Cooper. "Like the success of the Wright Brothers at Kitty Hawk,

this innovative company will succeed by transforming passenger air travel with

speed and sustainable energy."

Boom expects to break ground later this year on the Overture Superfactory and

will begin production in 2024. The first Overture aircraft is slated to roll

out in 2025, fly in 2026, and carry its first passengers by 2029. Commercial

interest in Overture, including orders and options, totals $14 billion from

United Airlines and Japan Airlines. Boom is also working with the United States

Air Force on government applications of the aircraft.

To watch the press conference announcing the Boom Supersonic Overture

Superfactory, including North Carolina Governor Roy Cooper, please visit:

https://boomsupersonic.com/overture

To browse open positions at Boom headquarters and the Overture Superfactory,

please visit the Boom careers center: https://boomsupersonic.com/careers

About Boom Supersonic

Boom Supersonic is redefining commercial air travel by bringing sustainable,

supersonic flight to the skies. Boom's historic commercial airliner, Overture,

is designed and committed to industry-leading standards of speed, safety, and

sustainability. Overture will be net-zero carbon, capable of flying on 100%

sustainable aviation fuels (SAF) at twice the speed of today's fastest

passenger jets. Overture's order book, including purchases and options, stands

at 70 aircraft, and Boom is working with the United States Air Force for

government applications of Overture. Named one of TIME's Best Inventions of

2021, the Boom XB-1 demonstrator aircraft rolled out in 2020, and its carbon

neutral flight test program is underway. The company is backed by world-class

investors, including Bessemer Venture Partners, Prime Movers Lab, Emerson

Collective and American Express Ventures. For more information, visit

https://boomsupersonic.com.

Connect with Boom Supersonic on Twitter (

https://c212.net/c/link/?t=0&l=en&o=3424531-1&h=3570955035&u=https%3A%2F%2Ftwitter.com%2Fboomaero&a=Twitter

), LinkedIn (

https://c212.net/c/link/?t=0&l=en&o=3424531-1&h=2536726267&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fboom-technology-inc.%2F&a=LinkedIn

), Facebook (

https://c212.net/c/link/?t=0&l=en&o=3424531-1&h=3016832824&u=https%3A%2F%2Fwww.facebook.com%2Fboomsupersonic%2F&a=Facebook

), Instagram (

https://c212.net/c/link/?t=0&l=en&o=3424531-1&h=545246918&u=https%3A%2F%2Fwww.instagram.com%2Fboomsupersonic&a=Instagram%2C

), YouTube ( https://www.youtube.com/channel/UCqgUPhWBtIl12rpn-GoA6hQ )

SOURCE Boom Supersonic

CONTACT: Aubrey Scanlan for Boom Supersonic, press@boomsupersonic.com; Photos

and video available at https://boomsupersonic.com/press; Shannon Allen for

Piedmont Triad International Airport, allens@gsoair.org; David Rhoades for the

North Carolina Department of Commerce, drhoades@nccommerce.com