Business/Financial

The CEO of Australia’s Austal Limited said in an earnings call that the resignation of the Austal USA subsidiary is meant to shift them from a focus on winning new […]

Shipbuilder Austal USA on Wednesday announced the company’s president of over two years resigned. Rusty Murdaugh first served as Austal USA acting president starting in February 2021 before being made […]

Artificial Intelligence technology startup Synthetaic on Tuesday said it has formed a strategic partnership with Microsoft [MSFT] that will allow the small company to apply its AI image processing tool […]

LeoStella and Hera Systems on Monday said they have formed a strategic alliance to manufacture small satellites and highlighted that they submitted a joint bid on the Space Development Agency’s […]

SCOUT Space, which is developing vision-based autonomy technology for satellites, last week said it acquired Free Space Inc. in a deal to strengthen its technology and bolster its presence with […]

The Defense Innovation Unit (DIU) on Thursday issued a solicitation for a rapid demonstration of a commercial capability to prototype and demonstrate the launch of a spacecraft that would be […]

The Department of Justice on Thursday filed a lawsuit against SpaceX alleging discrimination against asylees and refugees in the company’s hiring over a nearly four-year period in violation of the […]

Parsons Corp. [PSN] on Wednesday said it has acquired Sealing Technologies, inc. for upward of $200 million in a deal that strengthens its capabilities in defensive cyber operations and expands […]

Satellite manufacturer, operator, and services provider Sidus Space [SIDU] on Tuesday said it has acquired Exo-Space, which supplies its customers with artificial intelligence capabilities at the edge for on-orbit applications. […]

AeroVironment [AVAV] on Tuesday said it has agreed to acquire Tomahawk Robotics in a $120 million deal that would give it a multi-domain command and control platform for unmanned systems. […]