
Boeing [BA] on Wednesday said its HorizonX Ventures arm invested in a small company that develops and supplies software for use in helping manage traffic of commercial unmanned aircraft systems (UAS).The $5 million seed funding round in California-based Kittyhawk was led by Bonfire Ventures and includes HorizonX, Freestyle Capital, and Kluz Ventures. HorizonX’s investments are typically in the low single millions of dollars to low double-digit millions of dollars.This is the third investment by HorizonX in UAS technology since the…