Boeing Ordered to Pay $72 Million for Misusing Startup’s Electric Jet Secrets
WASHINGTON — A federal jury in Washington has ruled that aerospace giant Boeing Co. must pay $72 million to Zunum Aero Inc., an electric jet startup, for the misappropriation of trade secrets. This decision marks a significant milestone in the ongoing battle over the rights to pioneering technology in the aviation sector. The case revolves around a once-promising partnership that soured, leading Zunum, which had been working on innovative electric aircraft, to accuse Boeing of using its closely held technologies without proper authorization. According to the verdict, Boeing’s actions not only infringed on Zunum’s intellectual … Read more