Boeing HorizonX

Boeing HorizonX is a venture capital firm established in 2017 that focuses on investing in innovative startups worldwide. Its investment team leverages a diverse range of expertise from Boeing and broader market experience to identify and support revolutionary concepts. By providing funding to selected startups, HorizonX connects them with Boeing's extensive global resources, facilitating the development and realization of their ideas. The firm operates with a global presence, with teams located in various cities, including Chicago, Menlo Park, Los Angeles, Seattle, St. Louis, Washington D.C., and Israel.

Martha Cosgrove

Investor

Beckett Jackson

Portfolio Manager

Steve Nordlund

Vice President, NeXt

Past deals in Aerospace

X-Bow Launch Systems

Series B in 2024
X-Bow Launch Systems Inc., located in Albuquerque, New Mexico, specializes in the production of advanced solid rocket motors and hypersonic technologies for both commercial and government applications. The company provides a comprehensive service that encompasses the design, testing, and launching of solid propellant systems. Utilizing additive manufacturing technology, X-Bow develops customizable and cost-effective rocket motors, positioning itself as an innovative player in the aerospace industry.

ALL.SPACE

Series B in 2021
ALL.SPACE, formerly known as Isotropic Systems, is a pioneer in smart terminal technology aimed at enhancing enterprise mobility across land, sea, and air. The company has developed a fifth-generation smart terminal that facilitates seamless communication by connecting to all satellites and networks, regardless of orbit. This innovative terminal is part of a software-defined service enablement platform that employs intelligent routing and edge computing to ensure exceptional network resilience and performance. ALL.SPACE offers a customizable S2000 range of terminals with a variety of sizes, transmission and reception ratios, aperture combinations, and scanning ranges, providing up to 8,100 unique configuration options. The modular design allows clients to select the terminal configuration that best meets their specific needs, enabling efficient bandwidth usage and enhanced operational capabilities.

Accion Systems

Series B in 2020
Accion Systems Inc. is a Boston-based company that manufactures advanced satellite propulsion systems for the space industry. Founded in 2014, the company specializes in in-space propulsion technologies, particularly its proprietary Tiled Ionic Liquid Electrospray (TILE) system. This innovative technology provides efficient and scalable electric propulsion solutions suitable for a variety of satellite applications, including attitude control, collision avoidance, orbit adjustments, and deorbiting. Accion Systems offers a range of products, including MIN-0 and MAX-1 electric propulsion systems for CubeSats and small satellites, as well as the TILE system for larger spacecraft. Through its cutting-edge propulsion technologies, Accion Systems aims to enhance the capabilities and operational efficiency of satellites in orbit.

Virgin Galactic

Post in 2019
Virgin Galactic is a pioneering commercial spaceline offering suborbital spaceflights to tourists and orbital launches for satellites. It aims to democratize access to space, providing customers with experiences of weightlessness and stunning views of Earth.

Robotic Skies

Series A in 2019
Robotic Skies, Inc. is a company that provides certification, maintenance, and repair services for commercial unmanned aircraft systems (UAS) and advanced air mobility (AAM) vehicles. Founded in 2013 and based in Albuquerque, New Mexico, Robotic Skies operates a global network of over 150 independently-owned repair stations with expertise in aviation maintenance. The company's services cater to a diverse range of clients, ensuring that UAS can operate safely, efficiently, and affordably. By collaborating with FAA-approved maintenance organizations that also service manned aircraft, Robotic Skies offers a comprehensive field service program designed to keep these aircraft productive and compliant with regulatory standards.

ALL.SPACE

Series A in 2019
ALL.SPACE, formerly known as Isotropic Systems, is a pioneer in smart terminal technology aimed at enhancing enterprise mobility across land, sea, and air. The company has developed a fifth-generation smart terminal that facilitates seamless communication by connecting to all satellites and networks, regardless of orbit. This innovative terminal is part of a software-defined service enablement platform that employs intelligent routing and edge computing to ensure exceptional network resilience and performance. ALL.SPACE offers a customizable S2000 range of terminals with a variety of sizes, transmission and reception ratios, aperture combinations, and scanning ranges, providing up to 8,100 unique configuration options. The modular design allows clients to select the terminal configuration that best meets their specific needs, enabling efficient bandwidth usage and enhanced operational capabilities.

Accion Systems

Venture Round in 2018
Accion Systems Inc. is a Boston-based company that manufactures advanced satellite propulsion systems for the space industry. Founded in 2014, the company specializes in in-space propulsion technologies, particularly its proprietary Tiled Ionic Liquid Electrospray (TILE) system. This innovative technology provides efficient and scalable electric propulsion solutions suitable for a variety of satellite applications, including attitude control, collision avoidance, orbit adjustments, and deorbiting. Accion Systems offers a range of products, including MIN-0 and MAX-1 electric propulsion systems for CubeSats and small satellites, as well as the TILE system for larger spacecraft. Through its cutting-edge propulsion technologies, Accion Systems aims to enhance the capabilities and operational efficiency of satellites in orbit.

BridgeComm

Series B in 2018
BridgeComm designs and develops optical connectivity systems for wireless data transfer from low Earth orbit satellites. Headquartered in Denver, Colorado, the company specializes in managed optical communication array hardware and software technology, enabling secure, high-bandwidth collaboration.

Matternet

Series A in 2018
Matternet specializes in developing commercial drone delivery systems for urban and suburban areas. It manufactures the Matternet M2 drone and operates its technology directly or partners with logistics companies like UPS. Notable achievements include being the first to receive authorization for BVLOS operations in Switzerland (2017) and achieving FAA certification for its drone system in the US (2022).

Agylstor

Series A in 2018
Agylstor, Inc. is a company that specializes in high-capacity enterprise storage solutions, focusing on the development and manufacture of rugged, portable, and peta-scale computational storage systems. Established in 2016 and headquartered in San Jose, California, Agylstor's offerings include a high-performance computing platform that combines software with in-system hardware acceleration for tasks such as compression, parity RAID, and encryption. This technology facilitates secure data storage and transfer, catering to diverse industries including video and film production, geoscience, infrastructure mapping, and aerospace applications. Agylstor's distributed software architecture enhances performance by efficiently distributing workloads across its processing and storage infrastructure, enabling users to address the specific challenges of data processing and storage mobility in various environments.

Reaction Engines

Series B in 2018
Reaction Engines Ltd. is an aerospace technology company based in Abingdon, United Kingdom, established in 1989. The company specializes in the research, design, development, and manufacture of advanced propulsion systems, notably the SABRE (Synergetic Air-Breathing Rocket Engine). This innovative engine merges air-breathing capabilities with rocket propulsion, allowing aircraft to transition from a standstill to hypersonic speeds exceeding five times the speed of sound, and subsequently into rocket mode for space access at speeds up to twenty-five times the speed of sound. Reaction Engines is recognized for its expertise in lightweight heat exchangers, which facilitate the rapid cooling of hot airstreams, a critical feature for hypersonic and orbital flight applications. The technology has undergone rigorous independent assessments, confirming its feasibility and extensive applications in aerospace, cleantech, and energy sectors.

Cuberg

Seed Round in 2018
Cuberg is a U.S.-based company founded in 2015 and headquartered in Berkeley, California, specializing in advanced battery technology. The company focuses on developing high-performance lithium metal cells that can be produced using existing lithium-ion manufacturing equipment, making it suitable for aerospace and industrial applications. Cuberg's innovative electrolyte technology allows for the use of high-voltage cathodes and lithium metal anodes, resulting in batteries with increased energy density, high-power performance, improved safety, and thermal stability. These advancements are aimed at providing sustainable and reliable battery solutions for electromobility and other industries.

Gamma Alloys

Seed Round in 2017
Founded in 2008, Gamma Alloys specializes in the manufacture of lightweight aluminum alloys reinforced with nanotechnology. Headquartered in Santa Clarita, California, with additional facilities in Springfield, Missouri, and Stockton, California, the company develops advanced metal-matrix composites for use across industries such as aerospace, automotive, and defense.

Near Earth Autonomy

Series A in 2017
Founded in 2011, Near Earth Autonomy develops advanced technologies that enable safe autonomous flight for various ground and aerial vehicles. Their innovations include sensor suites, collision detection systems, and navigation aids, serving clients with applications ranging from small drones to full-size helicopters.

X-Bow Launch Systems

X-Bow Launch Systems Inc., located in Albuquerque, New Mexico, specializes in the production of advanced solid rocket motors and hypersonic technologies for both commercial and government applications. The company provides a comprehensive service that encompasses the design, testing, and launching of solid propellant systems. Utilizing additive manufacturing technology, X-Bow develops customizable and cost-effective rocket motors, positioning itself as an innovative player in the aerospace industry.
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