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August 19, 2024

$72 Million Judgment Against Boeing Overturned

Federal Judge Sides With Boeing

A federal judge agreed with Boeing’s challenges of a jury verdict and nullified the $72 million awarded by the jury to Zunum Aero. Zunum, a Seattle aviation startup, was attempting to develop a hybrid electric airplane and in 2017 entered a partnership with Boeing, where Boeing advanced Zunum $9 million in loans. The startup was unable to gain any traction and ended up suspending its operations in 2019.

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