Business/Financial
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Business/FinancialShield AI, Europe’s Destinus Partner On Collaborative Autonomy
Shield AI and Netherland’s-based Destinus on Wednesday announced a partnership to leverage Shield’s Hivemind mission autonomy pilot across Destinus’ unmanned aerial platforms with plans to conduct flight testing in 2026. […]
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SpaceSpacecraft Mission Control Company Quindar Raises $18 Million For Classified Ops Center
Quindar, a small software company that has developed a spacecraft mission control platform, has raised $18 million in a new funding round to establish a classified mission operations center that […]
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Business/FinancialUrsa Major Raises $100 Million To Boost Production; Books More Than $115 Million In Orders In 2025
Rocket motor and engine developer Ursa Major on Tuesday said it has closed a $100 million Series E funding round and received $50 million in debt funding commitments to help […]
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Business/FinancialIonQ Confirms Deal To Acquire Optical Terminal Provider Skyloom
Quantum company IonQ [IONQ] is making another acquisition in the space industry with a deal to acquire optical communications company Skyloom Global. Optical communications will “form the backbone for quantum-secure communications […]
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SpaceYork Space Systems Files To Go Public; Discloses $99 Million Loss In 2024
Space technology company York Space Systems on Monday filed a registration statement for a proposed initial public offering (IPO) that would take the 13-year-old private equity-backed company public. The pricing […]
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Business/FinancialPalladyne AI Acquires Unmanned Systems, Manufacturing Companies To Form New Defense Unit
Palladyne AI [PDYN] on Monday said it is creating a new defense business that includes three new acquisitions and the defense variant of its autonomous pilot technology. The acquisitions include […]
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Business/FinancialCastelion Picks Site In New Mexico For Hypersonic Manufacturing
Castelion on Monday said it has selected a 1,000 acre site in New Mexico to be the startup’s first full-scale manufacturing campus for solid rocket motors and hypersonic weapons. Castelion […]
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Business/FinancialInterim SAIC CEO Consolidating Operational Structure; Several Departures Announced
Science Applications International Corp. [SAIC] on Thursday said it is restructuring from five business groups into three to improve efficiency and customer focus. The reorganization follows closely on the heels […]
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Business/FinancialBoeing Machinists Vote To End Strike; Return To Work Sunday Night
Defense workers at Boeing’s [BA] military aircraft and munitions operations in the St. Louis region on Thursday voted overwhelmingly to end their three-month-plus-long strike, with plans to return to work […]
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Advanced / Transformational TechnologyAnduril, UAE’s EDGE Group Form Joint Venture; Initial Focus On Omen Autonomous Air Vehicle
Anduril Industries and United Arab Emirates-based EDGE Group on Thursday announced a new joint venture focused on autonomous systems for defense and civil applications with the product being the co-developed […]