News

Boeing launches venture-capital arm

April 16, 2017 /

MATR Sponsor (view all)


The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

Boeing has formed a small venture-capital division called HorizonX to capture some of the innovation and entrepreneurial spirit of tech startups.

Steve Nordlund, who previously headed InSitu — the drone company based in Bingen, Klickitat County, that Boeing acquired in 2008 and made into its small drone division — has been appointed to lead HorizonX, which he said aims to invest "tens of millions of dollars per year" in companies that have interesting technologies.

By Dominic Gates
Seattle Times aerospace reporter

Full Story: http://www.seattletimes.com/business/boeing-aerospace/boeing-launches-venture-capital-arm-invests-in-local-electric-airplane-firm/

MATR Supporters (view all)


For over 25 years, Montana World Trade Center® has served Montana as a trusted business adviser.

Bozeman is a rapidly growing city with a high quality of life in part due to the easy access to the outdoors, burgeoning tech industry, and cultural experiences it offers.

Montana Technology Innovation Partnership (MTIP)- Promoting Technology Commercialization in the State of Montana.
Posted in:

News Catrgory Sponspor:


Dorsey & Whitney - An International business law firm, applying a business perspective to clients' needs in Missoula, Montana and beyond.

Leave a Comment

You must be logged in to post a comment.