NEOM quietly announced last week that as part of the launch of its investment fund it had added Boom Technology, the aspiring supersonic airliner startup, to its first slate of recipients.
Few specifics were immediately available about the investment, including its size and scope, but the NEOM Investment Fund (NIF) in its October 24 announcement promised that details “will be shared in the coming days.” A spokeswoman for Boom said that it is planning on offering further details on the NEOM investment later this week.
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