Boeing HorizonX makes first investment in autonomous technologies

21 October, 2017, 21:36 | Author: Darnell Taylor

Both organizations will also collaborate to explore future products and applications for future markets such as urban mobility, Boeing said Thursday.

Now, the aviation company's HorizonX Ventures division has announced its investment in Near Earth Autonomy - a company that focuses on technologies that enable reliable autonomous flight - further solidifying its support for these burgeoning technologies.

In a news release, Boeing HorizonX Vice President Steve Nordlund said "this partnership will accelerate technology solutions that we feel will be key to unlocking emerging markets of autonomous flight".

The aerospace industry and Silicon Valley alike are increasingly excited about the potential for self-flying taxis and VTOLs for cargo, along with drone package delivery, so Boeing looking around for a good partner in the space makes a lot of sense.

Boeing announced the new collaboration two weeks after agreeing to acquire Aurora Flight Sciences, a company with a portfolio of innovations in aerodynamics, aircraft structures and autonomy.

Boeing will invest and partner with a commercial spin-off of Carnegie Mellon University's Robotics Institute that specialises in in developing sensors for unmanned aircraft to avoid collisions.

Air Products And Chemicals, Inc. (NYSE:APD) Valuation According To Analysts
IMS Capital Management purchased a new position in Air Products and Chemicals in the 2nd quarter worth approximately $129,000. Its up 0.23, from 1.27 in 2017Q1. 311.68 million shares or 3.13% more from 302.23 million shares in 2017Q1 were reported.

Plea deal decision looms for accused drug mule Cassie Sainsbury
A plea deal has reportedly been reached between accused drug smuggler Cassie Sainsbury's defence and prosecutors in Colombia. Ms Sainsbury, originally from Adelaide, has been held in Bogota's El Buen Pastor women's prison since her arrest.

Linking Aadhaar to bank accounts mandatory, reiterates RBI
According to reports, the RBI had not issued any notification for linking of Aadhaar number with the customers' bank account. However, a man who is a bank client generally uses his or her own particular cash for the account, and not from the Fund.

Singh leads the technical and business strategy for the company.

Based in Pittsburgh, Near Earth Autonomy develops technology for unmanned aircraft, ranging from drones used to map crops, to autonomous drones meant to carry human passengers. "The Boeing HorizonX investment will accelerate the development of robust products and enable access to a broader portfolio of applications for aerial autonomy".

The company is now working with the US Office of Naval Research in developing an autonomous aerial cargo delivery platform for the US Marines.

Boeing HorizonX says the investment in Near Earth is its first in autonomous flight technologies.

Boeing is the largest aerospace company in the world. At that time, HorizonX's initial investments were with two early-stage technology companies: Washington DC-based virtual reality software developer Upskill and Kirkland, Washington-based alternative propulsion aircraft developer Zunum Aero. A key area of his expertise is in perception and planning for air and ground vehicles.

The start-up's work in the field dates back several years to its roots within Carnegie Mellon's Robotics Institute. Near Earth is his third commercial venture.


  • Why Thor: Ragnarok Changed the Setting of That Mjolnir Scene

    Why Thor: Ragnarok Changed the Setting of That Mjolnir Scene

    The embargo on reviews lifted Thursday, and the Marvel movie is by and large earning raves from critics. A female Thor is only one of a vast number of possibilities for the Marvel Studios films.
    Orionid Meteors visible near Orion till October  26

    Orionid Meteors visible near Orion till October 26

    The best time to view the meteor shower is between midnight and dawn on Friday or Saturday night from anywhere on Earth. These particles are coming from the Halley's Comet or Comet 1P/Halley, which swings by Earth every 75 to 76 years.

    The JetBlue Airways Corporation (JBLU) Position Increased by the Rhumbline Advisers

    The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . JetBlue Airways Corporation (JBLU ) is an interesting player in the Services space, with a focus on Regional Airlines.
  • Trump authorizes release of JFK assassination documents despite concerns from federal agencies

    Trump authorizes release of JFK assassination documents despite concerns from federal agencies

    JFK was shot in the head while riding in an open-top vehicle through Dallas, Texas, by lone shooter Lee Harvey Oswald. Kennedy is seen riding in motorcade approximately one minute before he was shot in Dallas, Tx., on November 22, 1963.
    Minor girl molested, slapped repeatedly in Mumbai, incident captured on CCTV

    Minor girl molested, slapped repeatedly in Mumbai, incident captured on CCTV

    The victim's friends informed the parents of the girl who then reached the spot and rushed her to a local hospital. The girl along with her relatives went to the hospital and informed the police who later arrested Shaikh.
    SAP SE (SAP) PT Set at €105.00 by JP Morgan Chase & Co

    SAP SE (SAP) PT Set at €105.00 by JP Morgan Chase & Co

    The Firm operates through two divisions: Applications, Technology & Services segment, and the SAP Business Network segment. Zacks Investment Research raised SAP SE from a sell rating to a hold rating in a report on Tuesday, September 19th.
  • Activision Blizzard, Inc (NASDAQ:ATVI) Receives "Buy" Rating from Jefferies Group LLC

    It also demonstrates a stable dividend policy for Activision Blizzard, Inc . connected to the long-run, with viable earnings. Activision Blizzard, Inc .'s ROA is rolling at 6.40%, following the ROI of 8.40%. (Activision), Blizzard Entertainment, Inc.

    JP Morgan Chase & Co (NYSE:JPM) Valuation According To Analysts

    On July 17 Credit Suisse made no change to the stock rating of "Outperform" but moved up the price target from $75.00 to $103.00. Therefore 52% are positive. 07/19/2017 - J P Morgan Chase & Co had its "perform" rating reiterated by analysts at Oppenheimer.
    Xiaomi Redmi Note 5 may feature Qualcomm Snapdragon 636 SoC

    Xiaomi Redmi Note 5 may feature Qualcomm Snapdragon 636 SoC

    As reported by Business Today , the Xiaomi Redmi Note 5 is likely to be the first smartphone to boast Snapdragon 636. There are reports that the smartphone could don a dual 16MP rear camera and a 5MP selfie-camera on the front.
  • Huddersfield Town 2-1 Manchester United: Monumental win!

    Huddersfield Town 2-1 Manchester United: Monumental win!

    Kasey Palmer and Michael Hefele are ruled out with thigh injuries, while Jon Stankovic is out with a long-term knee injury. Huddersfield started the season in fine form, bagging back-to-back victories for the Premier League newboys.
    Won't attend

    Won't attend "brutal killer, mass rapist" Tipu Sultan's Jayanti: Skills minister Hegde

    Supporting Hegde, BJP MP Shobha Karandlaje spoke against Tipu Sultan calling him "anti-Kannada" and "anti-Hindu". It all started after K Siddaramaiah-led state government chose to celebrate Tipu Sultan Jayanti.
    Chelsea Comes From Behind To Beat Watford 4-2

    Chelsea Comes From Behind To Beat Watford 4-2

    Watford leveled matters on the stroke of halftime as Abdoulaye Doucoure volleyed home after Chelsea failed to clear their lines. Chelsea starting XI: Courtois, Rudiger, David Luiz , Cahill, Azpilicueta, Bakayoko, Fabregas, Alonso, Pedro , Morata, Hazard.


Laramie County Prescription Drug Take Back October 28
Residents are asked to bring medications to the Williamsburg Police Department at 425 Armistead Avenue between 10 a.m. and 2 p.m. No illegal drugs, sharps, thermometers, oxygen containers, or chemotherapy drugs will be accepted.

Dancer Harshita linked to gangster; brother-in-law admits to killing
The Panipat said that during interrogation, Dinesh admitted that he had planned Harshita's killing in jail. The assailants came in a vehicle and fired five to six shots at her before fleeing away.

MP Clive Lewis apologises for 'offensive' comments
Mr Corbyn was visiting Norwich with shadow chancellor John McDonnell for a private party fundraising event. Jess Phillips, chairwoman of the women's parliamentary Labour party, tweeted: "Obviously I am appalled".

Why Aamir Khan declined to do '2.0'
The actor seemed very impressed with the script of the film as he said, "It's going to be a super duper hit film". He also went on to add that the film has blockbuster written all over it and that it will break all records.

Verition Fund Management LLC Boosts Holdings in Express Scripts Holding Company (ESRX)
Following the completion of the transaction, the director now owns 11,500 shares in the company, valued at approximately $735,195. The Firm operates through three divisions: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes, and Gearing.

Outdoor plans? Here's when it will rain this weekend
According to the National Weather Service , Saturday will be sunny with a high of 75 and calm winds. A stray shower could linger over into Wednesday , but it looks like Wednesday will be mostly dry.

Twitter Helps A Fan Suffering From Cancer Meet Shah Rukh Khan
Meanwhile, there was a photo of Ranbir with his cousins Kareena Kapoor Khan and Karisma Kapoor which sent his fans into a frenzy. From Deepika Padukone to Aamir Khan to Alia Bhatt, everyone was spotted enjoying the festival of lights.

Razer launches new hardware for streamers
Available immediately through Razer's online store , the new Razer Kiyo and the Razer Seiren X are priced at RM 499 each. It will be compatible with both Split and OBS for you to broadcast with the software of your choosing.

Citadel Advisors LLC Purchases Shares of 9910 Holly Energy Partners, LP (HEP)
The stock of Spectra Energy Partners, LP (NYSE:SEP) has "Outperform" rating given on Friday, January 15 by RBC Capital Markets. The EPS or earnings per share ratio shows the amount of company earnings that can be attributed to every share that is held.

Bots behind Rahul Gandhi's rising popularity on social media, claims Smriti Irani
In just a few minutes, the tweet touched 20,000 retweets and has now touched 3.4K. Where is the chowkidaar now?" he asked. Twitter is a worldwide phenomenon".