Boeing’s Newest Investment in the Drone Ecosystem: Near Eart…

picture: Near Earth

The world’s largest aerospace firm, Boeing [NYSE: BA] has introduced its newest funding in autonomous plane.  Boeing bought Near Earth Autonomy, a Pittsburgh-based firm “focused on developing a portfolio of technologies that enable safe and reliable autonomous flight.”Near Earth Autonomy, a spin-off from Carnegie Mellon University’s Robotics

Near Earth Autonomy, a spin-off from Carnegie Mellon University’s Robotics Institute, is a software program and sensor know-how firm that allows plane of any measurement to examine, map and survey terrain and infrastructure, in addition to transport cargo autonomously.  They have developed the first full-size autonomous helicopter for the U.S. Army, in addition to an aerial cargo transport service for the U.S. Marines.

“In addition to the investment, Boeing and Near Earth Autonomy also announced a partnership to explore future products and applications for emerging markets such as urban mobility,” says Boeing.

“This partnership will accelerate technology solutions that we feel will be key to unlocking emerging markets of autonomous flight,” stated Steve Nordlund, Boeing HorizonX vp. “We are excited to begin this partnership with a company with such a depth of experience in autonomy so we can leverage the scale of Boeing to innovate for our customers.”

Boeing Horizon X Ventures was established in April to take a position in new companies representing game-changing concepts in aerospace.  The funding in Near Earth Autonomy is the first in autonomous applied sciences.

“This is an exciting opportunity for Near Earth,” stated Sanjiv Singh, CEO, Near Earth Autonomy. “The Boeing HorizonX investment will accelerate the development of robust products and enable access to a broader portfolio of applications for aerial autonomy.”

As the “leading manufacturer of commercial jetliners and defense, space and security systems,” Boeing is nicely positioned to assist Near Earth’s tasks for the U.S. Military and to maneuver in the direction of commercialization.   Boeing already owns unmanned plane firm Insitu, a significant army service supplier now making vital inroads in the massive enterprise market.  With the addition of Near Earth to the Boeing household, Boeing firms are poised to take a significant place in the industrial drone ecosystem.

 

Miriam McNabb is the CEO of JobForDrones, knowledgeable drone companies market, and a fascinated observer of the rising drone trade and the regulatory setting for drones. She writes for DRONELIFE on present information, monetary tendencies, and FAA laws. Miriam has a level from the University of Chicago and over 20 years of expertise in excessive tech gross sales and advertising for brand spanking new applied sciences.
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