Boom Supersonic raises $300M to build natural gas turbines for Crusoe data centers | TechCrunch
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Boom Supersonic raises $300M to build natural gas turbines for Crusoe data centers | TechCrunch
"Aircraft startup Boom Supersonic said Tuesday it will start selling a version of its turbine engine as a stationary power plant, and that its first customer will be data center startup Crusoe. Crusoe will buy 29 of Boom's 42-megawatt turbines for $1.25 billion to generate 1.21 gigawatts for its data centers. Boom said it will announce more details about a turbine factory next year, with first deliveries occurring in 2027."
"To commercialize its Superpower stationary turbine, Boom raised $300 million in a round led by Darsana Capital Partners with participation from Altimeter Capital, Ark Invest, Bessemer Venture Partners, Robinhood Ventures, and Y Combinator. Profits from the sale of Superpower units will go toward funding continued development of the company's Overture supersonic aircraft, Boom founder and CEO Blake Scholl told TechCrunch."
Boom Supersonic will sell a stationary version of its turbine engine called Superpower, with Crusoe buying 29 42-megawatt turbines for $1.25 billion to generate 1.21 gigawatts for data centers. First deliveries are scheduled for 2027 and a turbine factory announcement is expected next year. Boom raised $300 million to commercialize Superpower with investors including Darsana Capital Partners, Altimeter, Ark Invest, Bessemer, Robinhood Ventures, and Y Combinator. Profits from Superpower sales will fund further development of the Overture supersonic aircraft. Superpower and the airborne Symphony engine share roughly 80% of parts. Crusoe pays $1,033 per kilowatt and handles pollution controls and electrical hookups; Boom supplies turbines, generators, controls, and maintenance.
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