Boeing HorizonX Ventures Places Investment in Drone Radar Developer

TYSONS CORNER, VA, March 19, 2018 — Boeing‘s (NYSE: BA) investment arm has joined the Series A funding round for Fortem Technologies in support of the Utah-based company’s efforts to build a radar system for unmanned aerial vehicles, ExecutiveBiz reported Friday.

The investment in Fortem is Boeing HorizonX Ventures‘ second in the area of autonomous systems technology and is part of Boeing’s efforts to utilize safety measures for the operation of UAVs in the national airspace, the aerospace company said Thursday.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

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