TECH - Boeing Busted For Stealing Trade Secrets? Jury Awards $72M To Electric Aircraft Startup Troubled Planemaker To Contest Judgment | Benzinga
A federal jury in Seattle on Thursday reportedly instructed Boeing Co (NASDAQ:BA) to give electric aircraft startup Zunum Aero $72 million for allegedly stealing its trade secrets.
What Happened: The jury awarded $72 million to Zunum after agreeing that Boeing copied the startup’s tech and drove it out of the market after investing in the company, Reuters reported. Boeing, however, plans to challenge the judgment.
“Boeing respectfully disagrees with the jury’s verdict, which is not supported by the law or the facts,” the company said in a statement to the news agency.
At least part of ...