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.
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