Boeing’s Horizon X program was launched back in May to provide funding to innovative and disruptive technologies. One of its first recipients was an augmented reality (AR) firm, and the company is seemly continuing with its interest in virtual reality (VR) and AR companies with the investment in C360 Technologies.
Pittsburgh-based C360 Technologies is focussed on broadcast-quality solutions for VR and 360-degree video experiences, and have worked with FOX Sports to provide online telecasts of various sporting events, such as the MLB All-Star Events and the 2017 Daytona 500.
“Our C360 investment is a powerful example of how HorizonX can access rapid advances in innovation outside aerospace and bring them to our Boeing customers,” said Steve Nordlund, Boeing HorizonX vice president. “Putting additional capital to work and linking C360’s innovators with our Boeing teams allows us to accelerate new solutions, while providing new market access for C360. It’s a win-win — especially for our customers.”
“Since the inception of our company, we’ve been fortunate to work with some of the best organizations in the world, integrating C360’s technology into sports telecasts viewed by international audiences,” said Evan Wimer, CEO of C360 Technologies. “It’s extremely gratifying that Boeing HorizonX has recognized our contributions within the sports broadcasting industry, and at the same time envisions how C360 could be utilized in future Boeing applications. We’re confident that Boeing’s investment into C360 will propel and inspire us to further advancements in the 360 VR/AR industry.”
Boeing are said to be looking as possible aerospace applications for C360 Technologies VR and 360-degree video platform, which may include improved autonomous systems and technical training.
VRFocus will continue to provide news on developments within the VR industry.