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Latest Federal & Government Contracting Companies' News Coverage

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Latest Federal & Government Contracting Companies' News Coverage

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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

Slingshot 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.

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