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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Lockheed Martin's venture capital arm has made a strategic investment in weather intelligence provider Meteomatics to support the latter's product development and market expansion initiatives. Meteomatics said Thursday it will use the capital to scale its high-resolution weather and climate technology and expand its presence in the defense, energy, aviation, insurance and government sectors.

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Lockheed Martin‘s venture capital arm made an investment in Agile Space Industries, a company that produces hypergolic chemical systems for in-space propulsion technologies. Agile said Friday Lockheed Martin Ventures’ contribution closes the seed-2 funding round with over $18 million in financing raised. The financing campaign is part of Agile Space Industries’ plan to boost its […] More
The venture capital arm of Lockheed Martin has invested in technology company H3X Technologies to help the latter augment its Colorado headquarters facility as well as accelerate the development of its integrated motor drives. H3X has now raised a total of $9 million with the latest funding from Lockheed Martin Ventures, the Denver-based aircraft motor manufacturer said Tuesday. […] More
Lockheed Martin plans to move $100 million in funds saved through the tax reform law into its venture capital arm that invests in startups involved in the development of emerging technologies, Defense News reported Wednesday. “We’d love to go from — generically — about four investments per year, we’d love to get to six or […] More
J. Christopher Moran, a 35-year technology industry veteran and former senior executive at Applied Materials, has joined Lockheed Martin as executive director and general manager of the company’s venture capital business. He will manage Lockheed Martin Ventures‘ strategy and pipeline development, investment tracking, transaction execution and reporting functions, the company said Tuesday. “With his guidance, we will work with other leading investors […] More

Millimeter wave power amplifier maker Elve has announced the completion of its Series A funding round and raising $15 million from an investor group led by TomEnterprise Private AB and joined by Lockheed Martin Ventures. The Davis, California-based firm company said Thursday it will use the fresh funds to grow its customer base in the space connectivity market and increase manufacturing capabilities.

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