Aerospace Group:

Advanced / Transformational Technology

Boeing, Private Equity Platform Invests In Machine Learning Firm JuliaHub

By Cal Biesecker

Tuesday, June 27th, 2023

SHARE:

Boeing, Private Equity Platform Invests In Machine Learning Firm JuliaHub

Image: JuliaHub

The private equity firm AE Industrial Partners (AEI) on Tuesday said HorizonX, the venture capital investment platform it partners with Boeing [BA] on, has made a $13 million investment in JuliaHub, a computing and machine learning software company that focuses on modeling, simulation, and user-built applications. JuliaHub, which is based in Cambridge, Mass., has worked with the aerospace, pharmaceutical, finance and semiconductor sectors to put its rapid modeling and simulation capabilities to work. AEI said that JuliaHub’s platform is being…

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]