The aerospace company will make strategic investments from its newly formed Boeing HorizonX unit and has already backed Upskill and Zunum Aero.
US-based aerospace firm Boeing has launched an open innovation vehicle called Boeing HorizonX to explore and invest in innovative aerospace technologies, business models and manufacturing processes.
HorizonX will be headed by Steve Nordlund, formerly the vice-president of strategy for Boeing Defense, Space & Security. It will invest in startups, investigate new business opportunities for the corporate’s technology and analyse disruptive innovations and business strategies.
Dennis Muilenburg, president, chairman and CEO of Boeing, said: “Our ability to identify, shape and harness…
