Reportedly, Boeing Co (BA) is set to invest $50M in AEI HorizonX, expanding a partnership established with private equity firm AE Industrial Partners to invest in aerospace technology startups. The new funding will anchor AEI HorizonX’s second venture fund (Fund II), which plans to raise $250 million “to support promising start-ups in future mobility, space, sustainability, digital enterprise applications, networks, and security.”
Boeing informed that some of AEI HorizonX portfolio companies have made progress in zero-carbon aircraft propulsion systems; passenger entertainment; and safety and cyber security for commercial and defense aircraft.
Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space, and security systems. To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page.
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