Lockheed Martin’s venture capital arm has made a strategic investment in Ayar Labs to help the latter advance the commercialization of its monolithic in-package optical input/output platform.

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Chris Moran, a vice president at Lockheed Martin, has joined Nano Dimension’s board of directors to share his leadership expertise.

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Lockheed Martin has announced plans to funnel approximately $460 million in tax reform law-related savings into several investment initiatives. The company said Thursday about $200 million of that savings will go to research-and-development programs and capital expenditures this year in addition to $100 million in funds that will be invested into Lockheed’s venture capital fund. […] More

Artificial intelligence chip developer Mythic has obtained $40 million in series B financing round led by SoftBank Ventures and backed by Lockheed Martin’s venture capital arm, Data Collective, Lux Capital, DFJ, AME Cloud Ventures and Andy Bechtolsheim. Mythic said Wednesday it will use the investment to further develop a compute-in-memory technology designed to deliver the […] More

Lockheed Martin plans to integrate a system invariant analysis technology from NEC into the Bethesda, Maryland-based company’s space programs. SIAT is designed to analyze the behavior of computer and building systems with sensor data and automatically identify inconsistencies to help operators implement corrective actions, NEC said Thursday. The partnership also seeks to incorporate NEC’s artificial intelligence platforms […] More

Lockheed Martin has made approximately $100 million in investments in 22 commercial technology startups since the defense contractor established its venture capital arm in 2007, CNBC reported Thursday. Lockheed Martin Ventures has invested this year in early-stage start-ups that work on technologies in the areas of cybersecurity, autonomous technology and nanosatellites and those companies include […] More

Lockheed Martin‘s venture capital arm has invested in Ocean Aero as both companies aim to seek opportunities to expand their autonomous maritime capabilities. The strategic investment from Lockheed Martin Ventures seeks to help the firms continue to demonstrate their capability to configure teams of autonomous platforms for complex missions, Lockheed said Friday. Chris Moran, executive director […] More

Lockheed Martin‘s venture capital arm has made a strategic investment in Terran Orbital as both companies aim to advance development of nanosatellite technology. Lockheed said Thursday it will obtain an equity stake in Irvine, California-based Terran as part of the cash and in-kind investment deal. The two companies previously worked to support multiple Defense Department and NASA missions. […] More

Lockheed Martin has invested in Rocket Lab‘s U.S. subsidiary to support research and development of new technologies for space exploration. “Rocket Lab’s work could have application in a number of aerospace domains, and we look forward to working with them to complement our overall efforts in small lift capabilities and hypersonic flight technologies,” Ned Allen, […] More

Lockheed Martin Corp.’s space systems division plans to open hundreds of new satellite design and manufacturing jobs at its Denver, Colo.-based headquarters in June, the Denver Business Journal reported Monday. Lockheed Martin Space Systems Co. recently moved some of its employees to the new campus in Jefferson County and an additional 350 workers are set […] More

Lockheed Martin and Saudi Basic Industries Corp. have agreed to establish a joint venture that will develop and sell carbon nanostructure materials and infused products to various industries in Saudi Arabia. SABIC, a petrochemical manufacturer partly owned by the Saudi Arabian government, aims to expand into specialty-based markets by teaming up with Lockheed Martin, SABIC […] More

Artificial intelligence security company CalypsoAI has raised $23 million in a Series A-1 funding round led by venture capital firm Paladin Capital Group to support the execution of its product development, talent acquisition and go-to-market strategies. The funding round follows the launch of the CalypsoAI Moderator tool that works to support the safe adoption of […] More