Business/Financial
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Business/FinancialSingularity, Startup Developing Low-Cost Air Defense Systems, Exits Stealth With $80 Million Round
Singularity, a startup developing low-cost air defense systems to counter similarly low-cost munitions, has emerged from stealth with an $80 million funding round let by Khosla Ventures and Felicis. The […]
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Business/FinancialPentagon Invests $25 Million With ReElement To Process Recycled Magnets
The Defense Department on Monday said it awarded ReElement Technologies $25 million to expand processing of recycled rare earth magnets and other materials for use in domestic production of critical […]
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Advanced / Transformational TechnologyYork Space And All.Space CEOs Detail Resilient Communications Vision As Acquisition Closes
York Space Systems [YSS] has closed its acquisition of satellite communication terminal company All.Space, in a move both company CEOs say will create a complete tactical satcom ecosystem. York said […]
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Air ForceNATO To Buy Up To 10 Saab GlobalEye Aircraft To Help Replace Alliance’s AWACS Fleet
NATO is to buy up to 10 GlobalEye aircraft by Sweden’s Saab that may replace nearly all of the alliance’s aging 14 Boeing [BA] E-3 Airborne Warning and Control System […]
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Advanced / Transformational TechnologyVenus Aerospace Raises $91 Million To Get New Rocket Engine Ready And Begin Scaling
Following a series of successful flight tests last year of a next-generation rocket engine and continued ground testing, Venus Aerospace has raised $91 million in new funding to help get […]
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Business/FinancialAurelius, Rheinmetall Partner On Ground Robot-Based Laser Drone Defense
Startup Aurelius Systems on Tuesday said it has partnered with American Rheinmetall to integrate its autonomous laser system on the manufacturer’s robotic combat vehicles to meet counter-drone needs. Aurelius is […]
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Business/FinancialBAE Gets $16 Million DoD Investment To Expand U.S. Rad Hardened Chips
The Defense Department is providing BAE Systems with $16 million in Defense Production Act (DPA) funds to reestablish domestic production capacity of radiation hardened microelectronics used in defense systems, DoD […]
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Business/FinancialOndas Acquires DZYNE, Adding Long Range UAS, More C-UAS, And Launched Effects
In a deal that adds complementary products, beefs up the company’s manufacturing capacity and finances, and broadens its portfolio of low cost and autonomous technologies, Ondas Holdings [ONDS] on Monday […]
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Business/FinancialLockheed Martin To Acquire ASW Technology Developer Ultra Maritime For $3.5 Billion
Lockheed Martin [LMT] on Monday said it has agreed to acquire Ultra Maritime for $3.5 billion in a deal that expands the company’s suite of products and capabilities for anti-submarine […]
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Advanced / Transformational TechnologyAuriga Space Introduces Hypersonic Materials Testing; Notches First Customer
Auriga Space, a startup developing testing capabilities to support hypersonic weapons development, on Wednesday launched what it says is the first commercial capability to support weather effects testing for hypersonic […]