Briefing
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- Acquisition – Boeing announced acquisition of advanced autonomous aerospace technologies manufacturer, Aurora Flight Sciences Corporation, in October 2017, completing transaction in November 2017
- Specialization – Aurora specializes in autonomous technologies for aerospace applications and vehicles, having produced 30 unmanned air vehicles since 1989
- Commercial and Military Applications – Boeing to leverage Aurora’s expertise to boost commercial and military aircrafts' autonomy
- Terms of Agreement – Financial acquisition terms not disclosed; Aurora will independently operate as Aurora Flight Sciences, subsidiary under Boeing Engineering, Test & Technology
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Accelerator
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Sector
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Military and Security, Transportation and Logistics
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Organization
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Boeing Co.
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Source
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Original Publication Date
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November 8, 2017
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