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Boeing HorizonX invests in Near Earth Autonomy

Near Earth drone
Near Earth Solutions works on software and sensor technologies for autonomous aircraft ranging in size from drones to helicopters. (Near Earth Solutions Photo)

Boeing’s venture capital arm, Boeing HorizonX, says it has made a substantial investment in Near Earth Autonomy, a Pittsburgh-based startup that focuses on technologies for autonomous flight.

Boeing and Near Earth also announced a partnership to explore future products and applications for emerging markets such as urban mobility.

The move follows up on Boeing’s acquisition of a more established company in the realm of autonomous flight, Aurora Flight Sciences, and underscores the fact that the aerospace giant is turning more attention to robotic flying machines.

Neither Boeing nor Near Earth Autonomy said precisely how much was being invested.

“What I can tell you is that Boeing HorizonX typically makes investments that span the single millions up to the low double-digit millions,” Boeing spokeswoman Megan Hilfer told GeekWire in an email. “The investment in Near Earth Autonomy is at the higher end of that range.”

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By Alan Boyle

Mastermind of Cosmic Log, contributing editor at GeekWire, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.

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