Business/Financial

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 […]

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 […]

Pratt & Whitney on Monday said that Leidos [LDOS] has awarded the company a contract to supply TJ150 engines for the Black Arrow small cruise missile being developed to provide […]

Redwire Corp. [RDW] last Friday completed its $925 million acquisition of Edge Autonomy, taking the space technology company into the unmanned aircraft systems (UAS) business. Redwire announced the deal in […]

Satellite developer and manufacturer Muon Space on Thursday said it has closed an oversubscribed $89.5 million Series B1 funding round, bringing its total Series B round to $146 million as […]

Voyager Technologies [VOYG] on Wednesday went public after pricing its initial public offering at $31 per share, $2 higher that the company’s top estimate announced a week ago, raising $383 […]

Commercial space company Sierra Space has created a new business unit focused on its growing defense business, and as part of the shift is expanding its manufacturing capacity to meet […]

Defense acquisition would benefit from a stronger middle tier within the industrial base that could offer more competition and more agility than the large prime contractors, and still bring forth […]

Several new venture funding raised were announced on Tuesday, including an $8.4 million seed round by space computer and autonomous spacecraft startup Aethero for further technology development. Aethero, based in […]

On the docket for Michael Duffey, the newly installed Pentagon acquisition chief, will be his review and implementation of the closely held recommendations of the DoD Independent Review Team (IRT) […]