Boeing’s HorizonX venture investment team says it has led a seed funding round for Cuberg, a California startup focusing on next-generation battery technology for potential aerospace and industrial applications.
Among the most relevant applications would be power storage for electric airplanes and underwater drones — both of which are in Boeing’s wheelhouse.
“Cuberg’s battery technology has some of the highest energy density we’ve seen in the marketplace, and its unique chemistries could prove to be a safe, stable solution for future electric air transportation,” Steve Nordlund, vice president of Boeing HorizonX, said today in a statement.