Boeing revealed a new investment in Fortem Technologies – a Utah company which develops radar systems for unmanned aerial vehicles (UAVs) – on 15 March.
The investment, won by the company as part of a funding round which generated a total of USD15 million from companies including Mubadala Investment Company as well as Boeing, will allow Fortem to expand its business, which focuses on beyond visual line of sight (BVLOS) operation of small UAVs.
Timothy Bean, CEO of Fortem Technologies said, “By cracking the difficult BVLOS challenge, we unlock emerging forms of flight, including everything from autonomous air taxis to lifesaving deliveries.
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