Business/Financial
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Business/FinancialKongsberg Completes Acquisition Of Zone 5 Technologies
Norway’s Kongsberg on Wednesday said it has completed its acquisition of California-based Zone 5 Technologies, adding a U.S.-based developer and manufacturer of low-cost missiles to its portfolio. The value of […]
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Business/FinancialHybrid-EV Truck Developer Harbinger Unveils Unmanned Platform For Military; In-Q-Tel Invests
Hybrid and electric vehicle developer and manufacturer Harbinger on Wednesday said it has stood up a defense business and introduced a new commercial-based unmanned platform for military applications. Harbinger also […]
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Business/FinancialICEYE Raises $520 Million In Late Stage Round
Finnish satellite remote sensing company ICEYE on Tuesday said it raised $520 million in a Series F round to accelerate delivery of new capabilities. The investment was led by General […]
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Business/FinancialBayou Metal To Build Modules For HII’s ROMULUS USV To Help Speed Production
HII [HII] on Monday announced Bayou Metal Supply & Manufacturing as a strategic partner for its ROMULUS 151 unmanned surface vessel (USV), creating a dedicated line to supply production modules […]
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Unmanned SystemsPalladyne AI To Make, Sell Israeli Loitering Munitions To Defense Department
Palladyne AI [PYDN] on Monday said it is in an exclusive partnership to manufacture and market several combat-proven long-range loitering munitions developed and manufactured in Israel by Israel Aerospace Industries […]
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Business/FinancialBullfrog Counter-Drone Developer Allen Control Systems Raises $200 Million
Allen Control Systems (ACS) on Friday said it has raised $200 million to scale production of its Bullfrog autonomous weapon station that can be integrated with different weapons—including the M240 […]
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Business/FinancialApex Raises $200 Million To Boost Hiring And Vertical Integration
Satellite bus manufacturer Apex on Friday said it raised more than $200 million in a new investment round to add more engineers, continue vertical integration of satellite production, and provide […]
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Business/FinancialArxis To Acquire Omnetics Connector And MagCanica For Combined $890 Million
Newly public aerospace and defense component supplier Arxis, Inc. [ARXS] on Tuesday said it has agreed to acquire Omnetics Connector Corp., designer and manufacturer of small connectors for multi-industrial applications, […]
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Business/FinancialMach Industries Raises $300 Million In New Round To Boost Production, Advance Systems
Mach Industries on Tuesday said it raised $300 million in a Series C round that will be put toward expanding its Forge factory network, small jet engine production efforts, advancing […]
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Unmanned SystemsLow Radar Cross Section Of MQ-28 Ghost Bat Validated, Boeing Says
Boeing [BA] said on Monday that it has validated the low Radar Cross Section (RCS) of the company’s MQ-28 Ghost Bat drone. “The MQ-28’s RCS reduces the range that enemy […]