Boeing [NYSE: BA] has announced it plans to open the new Cambridge, Massachusetts-based Boeing Aerospace & Autonomy Center in 2020, the company said.
The center will become the first major tenant of the Massachusetts Institute of Technology´s (MIT) new mixed-use district in Kendall Square.
Under the agreement, Boeing will lease 100,000 square feet of research and lab space inside a new 17-floor building at 314 Main Street in Cambridge. The new center will house employees from Boeing and subsidiary Aurora Flight Sciences, who will focus on designing, building and flying autonomous aircraft and developing enabling technologies.
The investment in the new center follows the recent creation of Boeing NeXt. This new organization unites researchers and projects across the company to shape the future of travel and transport, including the development of a next-generation airspace management system to enable the safe coexistence of piloted and autonomous vehicles. Employees at the center will help develop new technologies in support of Boeing NeXt programs.
Financial terms of the new lease agreement and development of the new facility were not disclosed.
Boeing is the world´s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top US exporter, the company supports airlines and US and allied government customers in more than 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training.