Business/Financial
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Advanced / Transformational TechnologyStartup Developing Reusable Satellite Bus Emerges From Stealth
Lux Aeterna on Wednesday emerged from stealth and announced a $4 million pre-seed funding round that will go toward a demonstration mission in 2027 for launching a satellite that will […]
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Business/FinancialAeroVironment Posts Strong Fourth Quarter, Sees More Of the Same In New Year
AeroVironment [AVAV] on Tuesday evening reported strong fourth quarter results driven by record revenue and a handsome bottom-line. Sales in the quarter grew 40 percent to a record $275.1 million […]
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Business/FinancialSaab Taps Anduril To Supply Rocket Motors For Ground-Launched Small Diameter Bomb
Anduril Industries last Friday said it has been selected by Saab, Inc. to design, develop, qualify, and produce solid rocket motors for the Ground-Launched Small Diameter Bomb (GLSDB). Saab Inc. […]
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Advanced / Transformational TechnologyNorthrop Grumman Unveils Testbed For Autonomy Software
Northrop Grumman [NOC] last week unveiled Beacon, what it calls a “testbed ecosystem” that brings together its flight hardware with autonomy software solutions from other vendors to evaluate and quickly […]
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Business/FinancialAnduril Offers Autonomous Air Vehicles, Rocket Motors To Europe In Partnership With Rheinmetall
Anduril Industries is offering its Barracuda and Fury air vehicles to Europe through a partnership with Germany’s Rheinmetall, which will provide its digital platform that will integrate the autonomous air […]
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CyberAnduril Working With Riverside Research To Strengthen Cybersecurity Of Lattice
Anduril Industries and the non-profit research and development company Riverside Research are collaborating to apply tools developed by the Defense Advanced Research Projects Agency (DARPA) to close any cybersecurity gaps […]
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Business/FinancialRaft Acquires N3bula Systems To Strengthen AI-Based Military Data Networks
Data engineering and software development company Raft on Tuesday said it has acquired N3bula Systems, adding expertise in systems architecture, infrastructure management, and cloud solutions to provide the Defense Department […]
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Advanced / Transformational TechnologyMach Industries Closes $100 Million Round To Scale Production Operations
Mach Industries on Tuesday said it has closed a $100 million Series B round that will be used to scale production of its strike and other platforms, and small turbine […]
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Business/FinancialSatellite Developer Portal Space Opens First Manufacturing Facility
Satellite developer Portal Space Systems on Tuesday said it has opened a 50,000 square-foot manufacturing facility, the startup’s first as it prepares to begin production of its highly maneuverable Supernova […]
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Business/FinancialKratos Plans New Facility To Produce Engines Co-Developed With GE Aerospace
Kratos Defense & Security Solutions [KTOS] on Monday said it will open a 50,000 square-foot facility in Oklahoma to manufacture a family of turbojet engines it is developing with GE […]
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