Home / M&A Activity / Airbus, LM Industries Form Mobility Tech Firm ‘Neorizon’

Airbus, LM Industries Form Mobility Tech Firm ‘Neorizon’

Jeff Brody

Airbus has partnered with San Francisco-based digital vehicle manufacturer LM Industries to form a new business entity focused on mobility operations and autonomous technology called Neorizon.

Neorizon seeks to create 200 technical  jobs and apprenticeship opportunities for the design and engineering of mobility tech for various applications such as urban cargo distribution, LM Industries said Friday.

An Airbus campus located near Munich, Germany, will house Neorizon's microfactory.

Peter Weckesser, digital transformation officer at Airbus' defense and space business, said the company has been working with LM Industries since 2016 and the new venture will apply materials engineering and additive and digital manufacturing expertise.

LM Industries has built an AV shuttle vehicle with an open architecture, while Airbus has developed a positioning system to support takeoff-and-landing activities for unmanned aircraft.

Check Also

Four Firms to Extend Navy Contingency Construction Services Under $92M IDIQ Modification

Four companies been awarded a $92M modification under a U.S. Navy indefinite-delivery/indefinite-quantity contract for global contingency construction services to the military branch, the Department of Defense and federal civilian agencies.

Intell Vets Thomas Donnelly, Jim Gray Join SOSi; Julian Setian Quoted

Intelligence executives Thomas Donnelly and Jim Gray have joined SOS International to help the Reston, Va.-based company grow its portfolio of intelligence and analytics services and pursue future task order opportunities under the Defense Intelligence Agency’s Solutions for Intelligence Analysis 3 contract vehicle.