This will be interesting to follow. Boeing has had it's hard times, in
part due to its own stupidity and greed. Does the fate of Zunum fit in
the same pattern of dishonest management ?
Peri
Collapsed hybrid-electric planemaker Zunum sues former partner Boeing,
alleging misuse of trade secrets
https://www.seattletimes.com/business/boeing-aerospace/collapsed-hybrid-electric-planemaker-zunum-sues-former-partner-boeing-alleging-misuse-of-trade-secrets/
Bothell-based hybrid-electric airplane startup Zunum, which ran out of
cash and collapsed in July 2019, has filed suit against former
investment partner Boeing.
...
In 2017, Boeing Horizon X, along with New York-based airline JetBlue,
agreed to invest in Zunum, instantly bolstering the startup’s
credibility.
...
Last year, the company ceased operations, laid off almost all its staff,
and closed its Bothell office, while creditors seized its equipment at a
plant in Illinois where it was developing its electric motor.
...
Zunum alleges that Boeing copied “the plans, designs and technologies”
it had disclosed to Boeing as an investor and as an observer on the
startup’s board.
After obtaining this proprietary information, the suit alleges, “Boeing
approached Safran, to provide a hybrid-electric propulsion system for a
different aircraft design,” which it states was designated the Boeing
Hybrid Electric 11.
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