According to Boom founder Blake Scholl, "This isn't science fiction… We're not using any technology that doesn't already exist; it is just putting it together in the right way."
Based on popular 2016 estimates by industry analysts, Boom can pull off the ambitious task. The company recently hired 11 specialists formerly employed by major aerospace organizations, including NASA, Gulfstream Aerospace, Lockheed Martin, Boeing, Northrop Grumman. Some of these employees took part in creating military jets, including the F-22 Raptor and the notorious F-35 Joint Strike Fighter.
Alongside its technical and logistical optimism, Boom has also succeeded in its funding and resource acquisitions. Richard Branson's Virgin group has reportedly signed an agreement with with company to buy as many as 10 airplanes. Virgin Galactic's production branch, The Spaceship Company, has agreed to assist Boom in prototype engineering.
According to a Virgin Group spokesman, "We can confirm that The Spaceship Company will provide engineering, design and manufacturing services, flight tests and operations and that we have an option on the first 10 airframes."
Boom plans to use advances built on existing technologies, including improved engines, new aluminum alloys, and carbon composite materials.