The Overture – nicknamed the 'Son Of Concorde' – will travel at 1,300mph, which is more than twice the speed of the current fastest commercial jets.
It will ferry passengers round the globe so quickly they will beat any time difference avoiding the extreme tiredness known as jet-lag.
Brit operators Virgin Atlantic have ordered up to 10.
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Blake Scholl, chief executive officer of manufacturer Boom Supersonic, said: "If a flight from San Francisco to Tokyo is cut from 12 hours to six you can leave a whole day later.
"If you leave Sunday morning you'll get there Sunday afternoon which is Monday morning Japan time, do a day of meetings and arrive back home 24 hours after you left without any jet-lag.’’
American Airlines last week agreed to buy up to 20 Overture jets and keep 40 more on hold.
Boom Supersonic claims to have $6billion worth of pre-orders.
Concorde was the last supersonic airliner launching in 1976 and ending service in late 2003.
The Overture is expected to carry 65 to 80 passengers, with seating arranged business class-style meaning middle rows will be a thing of the past.
A single ticket to New York will cost about £1,750.
The Overture will travel faster than the speed of sound with supersonic booms taking place over the sea before it slows down when over populated areas.
While Concorde was aluminium Overture will use carbon composites which are lighter and more easily moulded into aerodynamic shapes.
Contoured wings reduce sonic shock strength and help generate lift and reduce engine stress.
The jet, which will be the first to run on 100% sustainable alternative fuel, will have its first test flight in 2025 and debut commercial trip four years later.
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