Mary-Louise Hoffman

Mehul Sanghani: Octo-Sevatec Merger Aims to Establish ‘Pure Play’ Federal IT Services Provider

Mehul Sanghani founder and CEO Octo

Reston, Virginia-based information technology contractor Octo has merged with software development firm Sevatec in a deal of an undisclosed sum to create a combined entity that will focus on helping federal government customers to address IT modernization goals. Baird and Pillsbury Winthrop Shaw Pittman served as Sevatec's financial and legal advisers on the transaction, respectively, while Sheppard Mullin acted as Octo's legal adviser.

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NASA Names Six Entrepreneur’s Challenge Winners

Entrepreneurship

NASA has selected six entrepreneurial companies to receive $100K each as winners of a prize competition that sought concepts to build instruments and other technology that could support science exploration programs. The winning startups on the Entrepreneur's Challenge are Cognitive Space, Evermore Intelligence, MOBILion, Trace Matters Scientific, Guardion Technologies and Cold Quanta.

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Altamira to Help Develop Mission Data Processing Tech for Space Force; Blaine Worthington Quoted

Blaine Worthington COO Altamira Technologies

Altamira Technologies will collaborate with five other companies under a one-year, $8.5M contract to build a mission data processing application prototype for the U.S. Space Force's Future Operationally Resilient Ground Evolution program. “We are excited to have the opportunity to leverage our core capabilities and experience to further serve this important national space mission area," said Blaine Worthington, chief operating officer of Altamira.

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