Tag: Insitu
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Boeing Insitu founders raise cash for Aerovel, which makes drones that take off and land vertically
(Aerovel Photos) An aerospace venture started by the founders of Boeing’s Insitu business unit just raised fresh cash as the company ramps up development of its unmanned aircraft. Aerovel raised $2.4 million, according to a filing with the Securities and Exchange Commission. We’ve reached out to the company for more details about the new funding. Update,…
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Boeing drone subsidiary Insitu is cutting jobs due to increased competition
Insitu’s winged ScanEagle drone is prepared for launch during a wildfire. (Insitu Photo) Insitu, a subsidiary of Boeing that develops and manufactures drones, said it made a round of layoffs this week to stay competitive in an increasingly crowded market. Jennifer Beloy, a spokeswoman for Insitu, would not say how many jobs were affected. The…
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Former Insitu CEO makes the leap over to World View stratospheric balloon venture
An artist’s conception shows World View’s Stratollite platform in action. (World View Illustration) For three and a half years, Ryan Hartman served as president and CEO of Insitu — the Boeing subsidiary headquartered in Bingen, Wash., that pioneered the creation of unmanned aircraft systems for military and commercial applications. Now Hartman will raise his sights as…