Tag Archives: HorizonX

Defense Contractors Invest in Small Satellites; Raytheon’s Dave Wajsgras Quoted

Some defense companies such as Raytheon, Lockheed Martin and Boeing have made investments in startups that develop small satellites as the Pentagon and intelligence agencies work to counter space security threats through the use of Cubesats, the Washington Post reported Sunday. Raytheon announced a partnership with Herndon, Va.-based satellite firm HawkEye …

Read More »

Boeing Invests in 3D Printing Tech Developer Digital Alloys

Boeing has invested in Burlington, Mass.-based additive manufacturing system developer Digital Alloys through its ventures arm to advance the development of 3D-printed aerospace components. Digital Alloys has developed an additive manufacturing platform, Joule Printing, that works to combine high-temperature alloys, titanium and other metals to produce 3D-printed parts, Boeing said …

Read More »

Boeing Invests in California-Based Autonomous Logistics Platform Maker

Boeing‘s venture capital arm has invested in Matternet, a company developing an unmanned aerial vehicle designed for urban logistics use. The California-based startup raised $16 million through a recent Series A funding round led by HorizonX Ventures, Boeing said Tuesday. Matternet received authorization last year to operate a UAV platform over Switzerland’s densely populated areas and has delivered …

Read More »

Boeing Invests in Australian Firm Myriota to Support Satcom Tech Development

Boeing has invested in Myriota through its ventures arm to help the Adelaide, Australia-based startup further develop its direct-to-orbit technology platform designed to facilitate communications for internet of things-based devices in remote areas. Boeing said Monday its HorizonX Ventures arm joined investors such as Blue Sky Venture Capital, Main Sequence Ventures, Right Click Capital …

Read More »

Boeing Invests in UAV Radar Tech Developer Fortem

Boeing has made an investment in Fortem Technologies through its ventures arm to help the Salt Lake City, Utah-based company advance the development of radar platforms for unmanned aerial vehicles. Fortem has developed a radar system, TrueView, that works to help drones detect and avoid other aerial objects and perform package …

Read More »

Boeing Develops Unmanned VTOL Aerial Platform to Test Autonomous Tech

Boeing has revealed a new electric unmanned aerial vehicle prototype developed to serve as a test bed for the company’s future autonomous and electric propulsion technologies. The company said Wednesday it designed the vertical-takeoff-and-landing, multi-copter UAV platform to accommodate logistics and cargo payload of up to 500 pounds. The 747-pound unmanned …

Read More »

Boeing Investment to Support C360 Virtual Reality Tech Devt

Boeing has invested in C360 Technologies to help the Pittsburgh, Pennsylvania-based technology company develop and integrate live and on-demand augmented and virtual reality applications on multiple platforms. C360 raised $3.5 million during a recent oversubscribed series fundraising round from investors BlueTree Capital, Boeing’s HorizonX venture arm, MI-12 and Pasadena Angels, Boeing said Wednesday. “It’s extremely …

Read More »

Boeing, Verizon Invest in AI Tech Developer SparkCognition

The venture businesses of Boeing and Verizon have invested in SparkCognition to help the Austin, Texas-based company further develop information technology applications through artificial intelligence and machine learning methods. Boeing said Monday its ventures arm HorizonX joined an investment group, led by Verizon Ventures, to support a $32 million initial funding round for SparkCognition. SparkCognition develops …

Read More »