We present results on parallaxes, magnitudes and proper motions for 17
optically identified massive X-ray binaries (MXRB) which were observe
d during the Hipparcos astrometry mission. This sample includes the so
urces detected in the medium-energy range (2-10 keV) having optical co
unterparts brighter than V=12. We compare the Hipparcos results with g
round-based optical data and derive probable values for absolute magni
tudes and peculiar tangential velocities (v(t)). The 4 OB supergiant s
ystems in our sample are high-velocity objects (the average value of v
(t) is greater than 60 km/s), while the 13 Be systems have low velocit
ies (<v(t)> = 11.3 +/- 6.7 km/s), suggesting a different formation mec
hanism for the two subgroups. The unusual X-ray/radio source LSI+61 de
grees 303 lies much closer than previously believed and its low optica
l luminosity (M-v = +2.2) and blue intrinsic colors now suggest it may
be a peculiar type of low-mass X-ray binary.