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Business/Financial

Boeing Shifts HorizonX Investment Arm To Partnership With Private Equity Firm

By Cal Biesecker

Thursday, August 5th, 2021

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Boeing Shifts HorizonX Investment Arm To Partnership With Private Equity Firm

Previous HorizonX investments include the satellite communications startup BridgeSat, now BridgeComm Inc. BridgeComm graphic.

Boeing [BA] on Thursday said it has entered a strategic partnership with the private equity firm AE Industrial Partners (AEI) to manage and expand its HorizonX venture capital arm that has already made minority investments in 40 startups and technology companies globally since Boeing founded it in 2017. AEI HorizonX will be led by Brian Schettler, who led the ventures team for Boeing, and the current portfolio of investments will stay with the fund. Terms of the deal were not…

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