Boeing Launches VC Division, Invests in Electric Airplane Developer

Boeing Launches VC Division, Invests in Electric Airplane Developer

Chicago-based aerospace company Boeing has formed a small venture-capital division called HorizonX to “turn new ideas and businesses into reality” – among them, a pioneering enterprise to develop a small hybrid-electric aircraft that would be suitable for regional consumer travel, “out to a thousand miles,” and that could be built “by the 2020s.”

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