Boeing invests in autonomous flight tech…

(Oct 19): Boeing Co said on Thursday it invested in Near Earth Autonomy, a Pittsburgh-based firm that develops technologies enabling autonomous flight such as drones.

In addition to the undisclosed investment, Boeing said the two companies will also explore products and applications for emerging markets such as urban mobility.

It was the first investment in autonomous technologies by Boeing’s venture capital arm, Boeing HorizonX, since it was established in April of this year, Boeing said.

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