- Contract Awards
Geospatial intelligence company Slingshot Aerospace has raised $8M during an ATX Venture Partners-led Series A funding round and plans to use the investment to support the development of situational awareness offerings.
MoreSlingshot Aerospace has received a $1.5M Small Business Innovation Research contract from the Air Force Life Cycle Management Center and another $1.5M in funds from venture capital firms ATX Venture Partners and Revolution's Rise of the Rest Seed Fund to accelerate the development and deployment of an artificial intelligence-based platform. Slingshot EDGE is designed to help warfighters glean insights from data using AI and provide them situational awareness capability in order to facilitate the decision-making process on the battlefield, the company said Thursday.
MoreSlingshot Aerospace will develop a customized version of the company's space situational awareness technology for testing at two U.S. Air Force facilities under a two-year, $6M contract, SpaceNews reported Sunday.
MoreChris Mattmann, Chuck Beames, Karen Diener, Keith Masback, Moriba Jah, Marissa Peretz and Susan Helms have joined Slingshot Aerospace's advisory board to provide insights, support and counsel in all aspects of the company's business.
MoreSlingshot Aerospace, which is developing geospatial intelligence and space situational awareness technology platforms, raised $5M in a funding round that was led by ATX Venture Partners and included Revolution's Rise of the Rest Seed Fund.
MorePayam Banazadeh, founder and CEO of Capella Space, has said the U.S. government needs to strike a balance between addressing national security concerns and ensuring private sector competitiveness in the global market, TechCrunch reported Monday.
MoreFrank Backes, senior vice president for federal space business at Kratos Defense and Security Solutions, has noted that the military and industry are working to identify threats to space systems, National Defense Magazine reported Monday.
MoreThe defense agencies of the U.S. and U.K. have named 10 start-ups from both countries and other allies who will work to deliver technologies in support of militaries' space domain missions. The U.K. government said Tuesday that innovators were selected through the International Space Pitch Day and were provided with up to $66K contracts to streamline the development of their proposals.
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