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Business/Financial

Voyager Goes Public As IPO Raises $383 Million


11 hours ago by Cal Biesecker
@calvinb21

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 […] ...

Sierra Space Launches Defense Unit With Plans To Expand Manufacturing


12 hours ago by Cal Biesecker
@calvinb21

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 […] ...

Lynn Makes Case To Strengthen Defense Industry’s Middle Tier


15 hours ago by Cal Biesecker
@calvinb21

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 […] ...

New Venture Investments Announced In AI, Chips And Space


1 day ago by Cal Biesecker
@calvinb21

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 […] ...

Independent Review Team on SDA Submits Report to Pentagon


6 days ago by Frank Wolfe

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) […] ...

GE Plans Summer Full-Scale Test of DMRJ in Evendale


7 days ago by Frank Wolfe

By the end of the summer, GE Aerospace [GE] plans to conduct a full-scale test in Evendale, Ohio of the company’s dual-mode ramjet (DMRJ) hypersonic engine with rotating detonation combustion (RDC) […] ...

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