Collapsed Hybrid-Electric Planemaker Zunum Sues Former Partner Boeing, Alleging Misuse Of Trade Secrets
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November 25, 2020 - by Dominic Gates for www.seattletimes.com
Bothell-based hybrid-electric airplane startup Zunum, which ran out of cash and collapsed in July 2019, has filed suit against former investment partner Boeing.
The lawsuit filed in King County Superior Court alleges that Boeing "employed a targeted and coordinated campaign to gain access to proprietary information, intellectual property, and trade secrets" and then used its dominance in aerospace and its influence with suppliers "to execute on a strategy to delay and then foreclose" Zunum's operation.
Zunum's suit names Boeing's venture capital unit, Horizon X, as well as French engine supplier Safran as co-defendants, and asks for compensatory and punitive damages.
Boeing declined to comment on the lawsuit....
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