Eyeing Emerging Markets, Aerospace Giant Acquires Drone Startup

The world’s largest aerospace company has acquired a drone startup in hopes of finding new applications for autonomous flight, from mapping terrain to resupplying troops on the battlefield.

Boeing Co., based in Chicago, on Thursday announced the investment in Near Earth Autonomy, a Pittsburgh-based drone startup that works to bridge the gap between aerospace and robotics, as part of a plan to sell new products to emerging markets.

“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,” Steve Nordlund, Boeing HorizonX vice president, said in a statement.


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