Virgin Galactic signs deal for supersonic plane

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The competition heats up: Virgin Galactic has signed a deal with Boom, the start-up company trying to build the first commercial supersonic passenger jet since the Concorde.

Boom, which has spent the past three months participating in Y Combinator’s startup accelerator program in Silicon Valley, has inked a deal with Virgin. As part of the deal, Virgin has taken an option in Boom’s first 10 planes, while Virgin Galactic, the private space exploration company, will assist with manufacturing and testing through its manufacturing arm, The Spaceship Company.

I hope Boom is more successful than Virgin Galactic in getting its project off the ground. If not, than it will be a long time before we see this plane take off.

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