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

35 past transactions

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.

Immfly

Venture Round in 2022
Immfly is a leading provider of connected digital services and in-flight entertainment, based in Barcelona, Spain, with a global presence that caters to full-service, low-cost, and regional airlines. The company specializes in enhancing the onboard travel experience by offering an entertainment platform that allows passengers to connect their personal devices to the aircraft's cloud. Through its innovative platform, Immfly delivers premium content, including video streaming and fresh channels, at optimal speeds on both personal devices and aircraft screens. This approach not only improves passenger satisfaction but also enables airlines to reduce operational costs and create new revenue opportunities, reaching millions of passengers across hundreds of destinations worldwide.

Hedera Hashgraph

Venture Round in 2021
Hedera Hashgraph, LLC, founded in 2017 and based in Richardson, Texas, operates a decentralized public network designed for diverse activities, including transactions, gaming, and social interactions. The company develops a distributed public ledger that facilitates the creation of globally decentralized applications, allowing developers to build secure and efficient applications with high performance. In addition to its network, Hedera Hashgraph provides software solutions that enable the storage and retrieval of historical data from its public ledger, further supporting developers and businesses in leveraging the advantages of decentralized technology.

Productive Machines

Pre Seed Round in 2021
Productive Machines is a company that specializes in software optimization services for the machining industry, focusing on enhancing productivity and sustainability for manufacturers. By leveraging a digital twin of the machining process, which simulates the physics, mechanics, dynamics, distortion, and vibration involved in metal cutting, Productive Machines enables manufacturers to test millions of parameters in a virtual environment. This innovative approach allows for improved Computer-Aided Manufacturing (CAM) and Gcode, effectively eliminating chatter vibrations, reducing cycle times, minimizing tooling costs, and enhancing surface finish and dimensional accuracy. As a spin-out from the UK Advanced Manufacturing Research Centre, Productive Machines aims to streamline machining processes, empowering companies to achieve higher quality parts more efficiently and cost-effectively.

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.

Myriota

Series B in 2020
Myriota Pty. Ltd. is an Australian company based in Adelaide that specializes in developing low-power micro transmitters for satellite connectivity, primarily targeting the Internet of Things (IoT) market. Founded in 2015, Myriota's technology enables secure data transmission by using its low-power modules, which can be seamlessly integrated into various IoT devices. These devices send small packets of data to low Earth orbit satellites and ground stations, facilitating remote communication and monitoring. The firm's solutions cater to a diverse range of applications, including data-driven agriculture, resource asset management in sectors like oil and gas, mining, environmental monitoring, and defense. Myriota's innovations aim to enhance operational efficiency, reduce costs, and support data-driven decision-making across multiple industries.

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.

Immfly

Venture Round in 2020
Immfly is a leading provider of connected digital services and in-flight entertainment, based in Barcelona, Spain, with a global presence that caters to full-service, low-cost, and regional airlines. The company specializes in enhancing the onboard travel experience by offering an entertainment platform that allows passengers to connect their personal devices to the aircraft's cloud. Through its innovative platform, Immfly delivers premium content, including video streaming and fresh channels, at optimal speeds on both personal devices and aircraft screens. This approach not only improves passenger satisfaction but also enables airlines to reduce operational costs and create new revenue opportunities, reaching millions of passengers across hundreds of destinations worldwide.

Virgin Galactic

Post in 2019
Virgin Galactic is a United States-based aerospace company focused on commercial spaceflight, offering suborbital spaceflights for space tourists and researchers, as well as orbital human spaceflights. The company aims to make space accessible to a broader audience, providing a transformative experience that includes weightlessness and breathtaking views of Earth from its spacecraft, SpaceShipOne and SpaceShipTwo. Virgin Galactic also manufactures advanced air and space vehicles, utilizing innovative technologies to develop a comprehensive spaceflight system. Launches are conducted from Spaceport America in New Mexico, and the company’s LauncherOne vehicle is capable of carrying satellites weighing up to 500 pounds into Earth orbit, offering competitive pricing for such missions.

Electric Power Systems

Series A in 2019
Electric Power Systems (EPS) is a specialized company offering comprehensive electrical testing and engineering services, primarily serving the utilities industry. Established in 1977, EPS is headquartered in Maryland Heights, Missouri. The company provides a wide array of testing services, including low and high voltage substations, transformer, generator, and battery acceptance tests, as well as oil handling, relay calibration, and infrared thermographic surveys. Additionally, EPS offers engineering studies such as short circuit, power factor, and arc flash analyses, along with repair, commissioning, and maintenance services for substations and transformers.

Morf3D

Series A in 2019
Morf3D, Inc. is a company based in El Segundo, California, specializing in additive design and manufacturing services. Founded in 2013, it offers a comprehensive range of solutions including conceptualization, design optimization, metallic 3D printing, post-processing, and metallurgical inspections. The company is focused on addressing complex design and manufacturing challenges through innovative practices that leverage the benefits of additive manufacturing. Additionally, Morf3D provides services such as customization, reverse engineering, contract manufacturing, and component quality verification. It is AS9100:D and ISO 9001:2008 certified and holds ITAR registration, ensuring high standards in its operational processes.

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, Inc. is a Denver-based company specializing in optical connectivity systems aimed at enhancing data transmission from low Earth orbit satellites. Formerly known as Bridgesat, Inc., the company offers advanced optical wireless communication systems and services, centered around its proprietary Managed Optical Communication Array (MOCA) technology. This innovative technology facilitates the rapid sharing of large data volumes across multiple domains while ensuring heightened security. BridgeComm provides comprehensive solutions that include mission analysis, design, delivery, and integration of space terminals, as well as access to a global ground network. This enables satellite operators to efficiently relay data directly from their satellites to servers worldwide, regardless of the optical terminal being used.

Digital Alloys

Series B in 2018
Digital Alloys, Inc. is a manufacturer of advanced metal 3-D printers based in Burlington, Massachusetts. Established in 2017 as a spinout from New Valence Robotics, the company specializes in high-speed, multi-metal additive manufacturing systems that enable the production of parts from a wide range of metals at significantly lower costs compared to traditional methods. Its innovative technology utilizes commodity wire as the raw material, allowing for a simpler and faster process of melting wire into complex shapes. This capability not only reduces manufacturing expenses but also empowers customers to explore new designs and create products with enhanced thermal, electrical, magnetic, and mechanical properties. Digital Alloys targets a diverse array of applications, aiming to make metal 3D printing more accessible and economical for various industries.

ZestIOT

Seed Round in 2018
ZestIOT specializes in developing Internet of Things and artificial intelligence solutions designed to enhance operational efficiency across various industries, particularly in the aviation sector. The company offers a comprehensive platform that optimizes ground handling at airports, improving the on-time performance of aircraft and streamlining customer interactions. By connecting airports with ground staff, pilots, and passengers, ZestIOT's platform integrates aircraft-compliant sensors for tracking baggage and assets while also providing passenger analytics and flight operations monitoring. This approach enables airports to digitalize their customer handling processes and automate essential operations, ultimately enhancing resource utilization and safety. ZestIOT is committed to delivering end-to-end solutions that focus on return on investment while collaborating with technology partners to ensure a balance of cost, resilience, and durability in their offerings.

Merxius

Seed Round in 2018
Merxius is an augmented and virtual reality firm that leverages Extended Reality technology to address business challenges across diverse industries. The company focuses on providing a digital engineering platform designed for training and maintenance applications, making advanced technologies accessible to a broader audience. By utilizing innovative and sustainable methods, Merxius aims to empower organizations to enhance their operational efficiency and solve complex problems effectively.

Matternet

Series A in 2018
Matternet is a leading developer of commercial drone delivery systems tailored for urban and suburban environments. The company offers the Matternet M2 drone alongside its proprietary software platform, enabling automated package exchange and efficient logistics operations. Matternet operates its technology directly for customers and collaborates with logistics organizations, such as UPS. In 2017, it became the first company authorized for commercial Beyond Visual Line of Sight (BVLOS) operations for drone logistics networks in urban areas of Switzerland. By 2019, Matternet and UPS launched drone delivery services in the United States, marking the commencement of revenue-generating drone delivery operations in the country. In 2022, the Matternet M2 achieved significant regulatory milestones by obtaining standard Type Certification and Production Certification from the Federal Aviation Administration (FAA). To date, Matternet's technology has facilitated over 20,000 commercial flights, solidifying its position in the drone logistics sector.

Aloft

Seed Round in 2018
Aloft operates a cloud-based platform specifically designed for commercial drone operators, facilitating safe and efficient drone operations. Founded in 2015 and headquartered in San Francisco, California, Aloft provides tools for pre-flight planning, real-time weather updates, live traffic monitoring, airspace status checks, and post-flight logging. The platform, which includes a mobile app and web application, ensures that all stakeholders have access to critical information regarding drone operations. Aloft's services are utilized by various enterprises, including media companies and insurance firms, as well as law enforcement agencies, allowing them to manage their drone fleets effectively and comply with regulatory requirements.

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.

Morf3D

Series A in 2018
Morf3D, Inc. is a company based in El Segundo, California, specializing in additive design and manufacturing services. Founded in 2013, it offers a comprehensive range of solutions including conceptualization, design optimization, metallic 3D printing, post-processing, and metallurgical inspections. The company is focused on addressing complex design and manufacturing challenges through innovative practices that leverage the benefits of additive manufacturing. Additionally, Morf3D provides services such as customization, reverse engineering, contract manufacturing, and component quality verification. It is AS9100:D and ISO 9001:2008 certified and holds ITAR registration, ensuring high standards in its operational processes.

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.

Myriota

Series A in 2018
Myriota Pty. Ltd. is an Australian company based in Adelaide that specializes in developing low-power micro transmitters for satellite connectivity, primarily targeting the Internet of Things (IoT) market. Founded in 2015, Myriota's technology enables secure data transmission by using its low-power modules, which can be seamlessly integrated into various IoT devices. These devices send small packets of data to low Earth orbit satellites and ground stations, facilitating remote communication and monitoring. The firm's solutions cater to a diverse range of applications, including data-driven agriculture, resource asset management in sectors like oil and gas, mining, environmental monitoring, and defense. Myriota's innovations aim to enhance operational efficiency, reduce costs, and support data-driven decision-making across multiple industries.

Upskill

Corporate Round in 2018
Upskill, Inc. is a technology company specializing in augmented reality software tailored for the industrial workforce. Founded in 2010 and based in Vienna, Virginia, with additional offices in Cambridge and San Francisco, Upskill offers the Skylight platform, which enables organizations to create applications for smart glasses. This platform connects workers across various industries—including healthcare, manufacturing, retail, and logistics—with essential information, processes, and tools, allowing them to perform tasks more efficiently and accurately. Upskill's solutions facilitate hands-free operation, thereby enhancing productivity, quality, and compliance in competitive environments. The company was previously known as APX Labs, LLC before rebranding in January 2017.

Singularity University

Series B in 2018
Singularity University, officially known as Singularity Education Group, is a benefit corporation based in Santa Clara, California, founded in 2008. It operates as a learning and innovation community that collaborates with entrepreneurs, corporations, nonprofits, governments, investors, and academic institutions. The organization provides a range of educational programs, including executive and exponential innovation programs, an incubator, and a global startup program. Its offerings encompass online courses focused on exponential thinking and behavioral transformation, as well as international summits and events aimed at fostering collaboration and innovation. Singularity University aims to equip individuals and organizations with the knowledge and tools to leverage advanced technologies such as artificial intelligence, robotics, and biotechnology to address significant global challenges like education, health, and environmental sustainability. Through its global network, which includes numerous chapters and alumni, Singularity University seeks to inspire and empower individuals to create impactful solutions that benefit humanity.

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.

Code Platoon

Grant in 2017
Code Platoon is a non-profit coding bootcamp that helps veterans transition into the civilian workforce by providing technical training and career placement. Code boot camps are full-time immersive programs (roughly 10 - 14 hours a day, 6 days a week) that teach software development skills to beginners with little or no technical background.

Gamma Alloys

Seed Round in 2017
Gamma Alloys LLC, established in 2008, 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 various industries including aerospace, automotive, defense, and space exploration. Gamma Alloys' patented manufacturing processes enhance the properties of aluminum, magnesium, and titanium alloys, enabling customized products ranging from extruded bars to finished components.

Near Earth Autonomy

Series A in 2017
Near Earth Autonomy, established in 2011 and headquartered in Pittsburgh, Pennsylvania, specializes in developing autonomous systems for enhanced safety in ground and aerial vehicles. The company focuses on creating technologies like sensor suites, collision detection, navigation aids, and motion planning, enabling a variety of unmanned aircraft to operate safely across diverse applications. Their work aims to make autonomous flight commonplace and secure, benefiting clients with aircraft ranging from small drones to full-size helicopters.

C360

Series A in 2017
C360 Technologies, Inc., established in 2008 and based in Wexford, Pennsylvania, specializes in manufacturing innovative video products for broadcast and over-the-top (OTT) platforms. The company offers non-stitched immersive video solutions, including cameras and workstations, that directly connect with broadcasters' backhaul systems, providing multiple live HD-SDI outputs and enhanced replay systems for real-time broadcast production. C360's products enable simultaneous live television broadcasts and OTT streaming, empowering users with independent control of camera location and functions during live events.

Avathon

Series B in 2017
Avathon is an innovative artificial intelligence technology startup specializing in AI solutions for industrial applications. The company is recognized for its cutting-edge technology, particularly in developing AI-powered cyber-physical software aimed at enhancing the safety, security, and reliability of IT, operational technology (OT), and the Internet of Things (IoT). Avathon's technology harnesses real-time sensor data to continuously learn and improve, which facilitates more effective risk mitigation and disaster prevention strategies. Its flagship product, DeepArmor, employs advanced machine learning and artificial intelligence to accurately detect and prevent malware threats. By leveraging its award-winning technology and expert teams, Avathon assists clients in analyzing complex data, enhancing decision-making processes, and boosting productivity across various sectors, including defense and finance.

Zunum Aero

Venture Round in 2017
Zunum Aero Inc. is a manufacturer of hybrid-to-electric aircraft based in Kirkland, Washington, founded in 2014. The company focuses on developing aircraft designed for short-distance commercial travel, utilizing advanced powertrain and propulsion technologies to enhance efficiency and convenience in air commutation. Zunum Aero aims to provide accessible and affordable flights from regional airfields, addressing the significant gap in air service for many communities. By leveraging the extensive network of smaller airports, the company seeks to reduce travel times and costs, making air travel a viable option for more people. Additionally, Zunum Aero is committed to environmental sustainability, working towards eliminating a significant portion of aviation emissions associated with short-haul flights through its innovative aircraft. As battery technology advances, the company envisions a future where its aircraft can operate entirely without fossil fuels, contributing to a cleaner and more efficient aviation sector.

Upskill

Series B in 2017
Upskill, Inc. is a technology company specializing in augmented reality software tailored for the industrial workforce. Founded in 2010 and based in Vienna, Virginia, with additional offices in Cambridge and San Francisco, Upskill offers the Skylight platform, which enables organizations to create applications for smart glasses. This platform connects workers across various industries—including healthcare, manufacturing, retail, and logistics—with essential information, processes, and tools, allowing them to perform tasks more efficiently and accurately. Upskill's solutions facilitate hands-free operation, thereby enhancing productivity, quality, and compliance in competitive environments. The company was previously known as APX Labs, LLC before rebranding in January 2017.

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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