ICEYE has signed a definitive agreement for an oversubscribed $93 million growth funding round, bringing the company's total amount raised to $438 million. The microsatellite manufacturer and synthetic aperture radar satellite operator said Wednesday that the fresh funds will accelerate investment in its constellation of SAR satellites and expand its product portfolio.

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BlueHalo has achieved a key milestone in its work under a $1.4 billion U.S. Space Force satellite communications program. The milestone, a successful demonstration of integrated backend mission services to Guardian operators, was completed at the 2024 Space Symposium in Colorado Springs, Colorado, BlueHalo announced on Thursday.

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The U.S. Army Program Executive Office for Simulation, Training and Instrumentation has released a draft solicitation for a potential $127 million follow-on contract to maintain a computer-generated system for managing the entire constructive modeling and simulation life cycle. PEO STRI requires software development, integration, testing, engineering releases and maintenance of the One Semi-Automated Forces program, which supports force modernization and transformation modeling and simulation initiatives, according to a notice posted Tuesday on SAM.gov.

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SRC, a not-for-profit research and development company, has received a seven-year, $60 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to provide R&D services for avionics development. The Department of Defense said Wednesday the contractor will develop new and emerging concepts related to the development, integration, assessment, evaluation and demonstration of several technologies focusing on the electric warfare piece of the avionics.

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Jeremy Fleming, former director of the U.K. government's intelligence and security agency Government Communications Headquarters, has been appointed as a senior adviser at enterprise software-as-a-service company SandboxAQ. He brings to the role years of leadership experience and understanding of the cybersecurity landscape, the company said Thursday.

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Kratos Defense and Security Solutions and SES have showcased a virtualized and containerized satellite communications network for the U.S. Army’s Combat Capabilities Development Command. The demonstration seamlessly supported medium Earth orbit satellite operations using SES’ O3b MEO network and Kratos’ fully software-defined satellite ground OpenSpace platform in a "make-before-break" mode, Kratos said Wednesday.

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Vibrint has partnered with light fidelity technology provider pureLiFi to develop a secure wireless communications capability designed to safeguard government and national security data in classified environments. Tom Lash, CEO of Vibrint, said in a statement published Wednesday the new Vibrint LiFi technology uses light waves instead of radio waves to create ultra-secure wireless data communications networks.

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Boeing has received a potential five-year, $56.4 million contract from the U.S. Navy to provide engineering, maintenance and instrumentation support for the service branch's fleet of F/A-18 A-F and EA-18G aircraft. Contract work will occur in Patuxent River, Maryland, through April 2029, the Department of Defense said Tuesday.

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Asset intelligence and cybersecurity company Armis has acquired for $150 million Silk Security, the developer of Silk Platform, which works to provide cyber risk prioritization and remediation. Armis said Wednesday that following the acquisition, Silk Platform will be integrated into its own artificial intelligence-powered vulnerability prioritization and remediation product called Armis Centrix.

Cyber experts, government leaders and industry visionaries will speak about the dynamic and evolving role of cyber in the public sector at the Potomac Officers Club's 2024 Cyber Summit. Register now!

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Organizations will have to augment their approaches to network traffic monitoring when they implement Transport Layer Security 1.3, according to Scott Aken, the CEO of software company Axellio. Aken explains in an opinion column published Tuesday on Security Magazine that TLS 1.3 "significantly enhances" data encryption but in so doing imposes limits on data stream decryption, making network security monitoring more difficult and potentially obscuring malware and traffic by threat actors.

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Venture capital financing company In-Q-Tel made an investment in Cloudburst Technologies during the cyber threat intelligence provider's latest venture funding round. Cloudburst said Monday that the investment will make it possible for the company to support various U.S. government agencies.

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