BUSINESS AVIATION

US Air Force and Boom Supersonic Enter into Strategic Partnership

Boom Supersonic | January 12, 2022

Zero Collab News
Boom Supersonic, the aerospace company building the world's fastest and most sustainable supersonic airliner, today announced it has entered into a three year strategic partnership with the U.S. Air Force valued at up to $60 million. The Air Force awarded this contract to Boom through its innovation arm, AFWERX, and its AFVentures division, which is designed to accelerate commercial technologies. Known as the Strategic Funding Increase (STRATFI), the STRATFI contract awarded to Boom is one of the program's largest investments and a significant commitment to the future of supersonic aviation.

The STRATFI contract will accelerate research and development on Overture, Boom's commercial airliner. Overture will carry 65–88 passengers at twice the speed of today's airliners. Designed to run on 100% sustainable aviation fuels, Overture is expected to be the first large commercial aircraft to be net zero carbon from day one. The supersonic airliner is set to enter manufacturing in 2023, roll out in 2025, and begin flying passengers by the end of the decade.

STRATFI funding will accelerate critical design and development initiatives on Overture, including wind tunnel testing and propulsion system definition. The award represents a substantial increase in the Air Force's financial investment in Boom following a SBIR Phase 2 contract awarded in September 2020.

"We are proud of the Air Force's continued support and recognition of Boom's leadership in supersonic flight—and we see our partnership as mutually beneficial, With STRATFI, we're able to collaborate with the Air Force on the unique requirements and needs for global military missions, ultimately allowing Boom to better satisfy the needs of the Air Force where it uses commercially-derived aircraft. As a potential future platform for the Air Force, Overture would offer the valuable advantage of time, an unmatched option  domestically and internationally."

- Boom founder and CEO Blake Scholl.

The new Air Force contract represents a further widening of government efforts to ensure that the U.S. remains at the forefront of supersonic commercial development. Additionally, a derivative of Overture could offer the Air Force a future strategic capability in rapid global transport and logistics. Potential users and applications include executive transport; Intelligence, Surveillance, Reconnaissance; Special Operations Forces; and the Pacific Air Forces (PACAF).

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 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.

Spotlight

Boeing and Airbus each forecast that air travel will grow by 150% or more in coming decades, reaching 12.8 billion to 13.8 billion revenue passenger kilometers in 2031 from 5.1 billion in 2011


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AEROSPACE

Eve and Global Crossing Airlines sign Letter of Intent for up to 200 eVTOL aircraft and enable future collaboration for UAM

Global Crossing Airlines | March 21, 2022

Eve UAM, LLC ("Eve"), an Embraer S.A. ("Embraer") company, and Global Crossing Airlines Group, Inc. ("GlobalX") have signed a Letter of Intent (LoI) to order up to 200 of Eve's electric vertical take-off and landing aircraft (eVTOL). This potential sale is included in Eve's current order backlog of up to 1,785 eVTOLs. The company expects to start the deliveries in 2026. The agreement also enables a promising partnership that intends to explore the development of an ecosystem to scale Urban Air Mobility (UAM) and reinforces the Concept of Operations (CONOPS) in Miami-Dade that was announced today. GlobalX's expertise as a flag airline will contribute not only to the formulation of the infrastructure needed to permit eVTOL flights, but also the deployment of Eve's aircraft throughout their network. "We are honored to be working with Eve Air Mobility and believe their affiliation with Embraer ensures Eve will be the best positioned eVTOL OEM. These eVTOLs will enable us to expand our market throughout south Florida, bringing our customers to their flights at MIA and FLL, as well as local flying within Key West and all of the Keys, Naples, and Palm Beach. This will help extend and expand our brand." Ed Wegel, Chair and CEO of GlobalX "We are delighted with this partnership with GlobalX, which will maximize our efforts to structure UAM operations. Their experience as an airline will contribute to the expansion of Eve's eVTOL deployment in North America. The partnership also ensures both companies' commitment to delivering sustainable UAM and providing the community with better and faster solutions," said Andre Stein, co-CEO of Eve. The completion of the transactions contemplated by the LoI is subject to the execution of definitive agreements and receipt of all necessary regulatory approvals. About Global Crossing Airlines GlobalX is a US 121 domestic flag and supplemental airline flying the Airbus A320 family aircraft. GlobalX flies as a passenger ACMI and charter airline serving the US, Caribbean, and Latin American markets. In 2022, GlobalX will enter ACMI cargo service flying the A321 freighter, subject to DOT and FAA approvals. About Eve Air Mobility Eve is dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Benefitting from a startup mindset, backed by Embraer's more than 50-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced eVTOL project, a comprehensive global services and support network and a unique air traffic management solution. About Embraer A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales. Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year. Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.

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BUSINESS AVIATION

Boeing selects Collins Aerospace electric power generation system for B-52

Collins Aerospace | January 17, 2022

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DESIGN AND ENGINEERING

Electra and flyv to Reinvent Regional Air Travel in Europe with On-Demand Flights on Hybrid-Electric eSTOL Planes

Electra.aero | December 30, 2021

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AVIATION TECHNOLOGY

Aviation Capital Group Announces Delivery of One Boeing 737-8 MAX to Icelandair

Aviation Capital Group | March 17, 2022

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