Boeing has announced plans to create an independent venture capital group, AEI HorizonX, as it looks to grow its external investor base.
Boeing Announces Venture to Expand Reach in Space, Mobility, and Connectivity
Key Takeaways:
- Boeing is spinning off its HorizonX venture capital group into an independent entity, AEI HorizonX, through a strategic partnership with private equity firm AE Industrial Partners (AEI).
- This move aims to broaden HorizonX's investor base, accelerate investments in transformative technologies (e.g., mobility, space, industrial tech, digital solutions, and sustainability), and gain access to more external innovation.
- Boeing will remain a long-term strategic and anchor investor in AEI HorizonX, with the current HorizonX team transitioning to lead the new independent platform.
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