Orbit Fab has closed a round of Series A financing led by 8090 Industries and will use the investment to accelerate the deployment of fuel delivery and storage platforms in geostationary and low-Earth orbits. Lockheed Martin’s venture arm, Stride Capital, Industrious Ventures, Tribe Capital, Massive Capital Partners and Good Growth Capital also participated in the […] More

Slingshot Aerospace has secured $25 million in a round of Series A-1 financing co-led by Draper Associates and ATX Venture Partners and will use the capital to advance the commercialization of its space collision avoidance communications and coordination platform, dubbed Slingshot Beacon. Additional investors that participated in the funding round include Edison Partners, Lockheed Martin […] More

CalypsoAI has raised $13M in a round of Series A financing led by Paladin Capital Group and will use the investment to pursue global expansion and innovation.

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Supply chain security technology developer DUST Identity has raised $10M in Series A funding round led by Kleiner Perkins and supported by Lockheed Martin’s venture capital arm, Airbus Ventures, Castle Island Ventures, New Science Ventures and Angular Ventures.

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For centuries, humanity has harbored a profound desire to venture into the vast expanse of space. In recent years, a number of space and mission companies have emerged, dedicated to advancing the frontiers of space exploration and developing new space technologies. These companies have been actively engaged in various initiatives, from conducting scientific research and […] More

Aerospace and defense leaders are indispensable in bolstering national security and safeguarding the well-being of United States citizens. They are at the forefront of supplying cutting-edge equipment, advanced weaponry, and sophisticated systems to maintain aerial supremacy and assert dominance in the face of imminent threats. Their unwavering commitment to innovation and expertise empowers the nation’s […] More

Artificial intelligence (AI) is one of the most sought-after digital solutions by the federal government. AI features, such as speech recognition, expert systems, machine vision, accurate detection, and efficient processing, are integrated into warfare and security systems to reduce risks, fortify defense, and achieve mission success. While the demand for AI is rising, many organizations […] More

Slingshot Aerospace has raised $40.9 million in a series A2 funding round and secured a venture loan from Horizon Technology Finance to support product commercialization and global expansion initiatives. Sway Ventures led the investment activity and was joined by Lockheed Martin‘s venture arm, ATX Venture Partners, C16 Ventures, Valor Equity Partners and Draper Associates, Slingshot […] More

Matt Tarascio has navigated a long, unexpected journey to reach his current position as senior vice president at Booz Allen Hamilton. For two decades, Tarascio worked at Lockheed Martin (incl. Sikorsky) and he was convinced that the future of his career lay in the design of advanced aircraft. The executive was even a crucial part […] More

Aidis Zunde, chief operating officer of Yorktown Systems Group, recently spoke with ExecutiveBiz regarding the transition he made from the U.S. military to the public sector as well as the core values of the company’s culture that drive the long term success of its workforce and growth initiatives in the federal landscape during the latest Executive Spotlight interview. You […] More

David Kalinske, a two-decade U.S. Marine Corps veteran, has been named chief revenue officer of Morpheus Space after the Germany-based spacecraft propulsion technology company established a U.S. office in Los Angeles, SpaceNews reported Thursday.

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ABL Space Systems has secured over $90M during a Venrock-led funding round and plans to use the investment to support testing of the company’s RS1 launch vehicle for small satellites.

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