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CFIUS OKs Hanwha’s Investment in LEO Antenna Tech Developer Kymeta

The Committee on Foreign Investment in the United States has cleared a $30 million investment from South Korea-based Hanwha Systems to help Kymeta further develop its low-Earth orbit and geostationary orbit flat panel antenna technology and other next-generation capabilities. “We believe this investment will be instrumental in enabling the continued innovation, advancement and commercialization of […] More

by Jane Edwards May 27, 2021, 3:05 am
in News, Technology

In-Q-Tel Invests in AI Tools Developer Fiddler; Krishna Gade Quoted

In-Q-Tel has made a strategic investment in Fiddler to help the Palo Alto, California-based artificial intelligence platforms developer further advance its explainable AI tool development efforts. Fiddler also announced its participation in FinRegLab’s research to assess the fairness and transparency of machine learning models.

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by Jane Edwards May 7, 2021, 5:49 am
in News

Veritas’ Vantage Fund Closes at $1.8B in Committed Capital; Ramzi Musallam Quoted
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Private Equity Firm Godspeed Capital Debuts, Partners With East Rock Capital

Godspeed Capital Management officially launched Wednesday as a private equity firm that will focus on investing in defense and government services companies in the lower middle market. The firm also partnered with New York City-based East Rock Capital to help carry out its strategy in identifying potential investment opportunities with a focus on buy-and-builds, control buyouts, special situations and corporate carve-outs.

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by Jane Edwards April 29, 2021, 5:10 am
in News, Technology

American Pacific Makes Minority Investment in Frontier Aerospace

American Pacific has invested an undisclosed sum in space propulsion company Frontier Aerospace as part of efforts to better support the needs of space launch industry clients. "With our investment in Frontier, we now have a strategic partner in next-generation, in-space liquid propulsion technology," said American Pacific CEO Hal Murdock.

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by Jane Edwards April 21, 2021, 2:51 am
in News

Virtualitics Receives Series B Funding to Enhance AI-Powered Data Analytics Platform

Virtualitics has secured an $18 million Series B funding that the Pasadena, California-based data analytics software company plans to use to expand its footprint in commercial markets and further support the defense industry through its artificial intelligence-powered offering.

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by Christine Thropp April 15, 2021, 5:55 am
in News

Asylon Secures Decisive Point Funding to Support Drone Software Development

Venture capital firm Decisive Point has made an investment of an undisclosed sum in drone technology manufacturer Asylon to help accelerate the latter's development of autonomous system software and infrastructure for defense and security clients.

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by Brenda Marie Rivers March 4, 2021, 4:41 am
in News, Technology

ULA’s Tory Bruno: US Government Should Help Redirect Focus to New Space Activities

Tory Bruno, CEO of United Launch Alliance and a previous Wash100 Award winner, said the U.S. government should encourage investments in new space activities with national security and commercial applications to make them attractive to investors, SpaceNews reported Thursday.

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by Jane Edwards February 5, 2021, 4:57 am
in News, Technology

Microsoft's Jeremy Goldberg: Building Digital Government Requires Long-Term Sustained Investments
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In-Q-Tel Invests in No-Code Workflow Automation Platform Developer Catalytic

In-Q-Tel has invested in Chicago-based Catalytic to help the latter further develop and bring its no-code workflow automation platform to the government sector.

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by Jane Edwards January 27, 2021, 3:34 am
in News, Technology

OneWeb Gets Additional Funding From Hughes, SoftBank; Pradman Kaul Quoted

OneWeb has now raised $1.4B in total funding after it received additional investments from Hughes Network Systems and SoftBank Group. The additional funding provides OneWeb with needed capital to come up with a constellation of 648 satellites in low-Earth orbit by the end of 2022 to deliver broadband connectivity and low-latency communication services to customers worldwide.

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by Jane Edwards January 19, 2021, 3:00 am
in News, Technology

Kymeta to Further LEO Antenna Tech Development With Hanwha Systems Investment

Kymeta has announced a $30M investment from Hanwha Systems to help the former expand its global market presence and further develop its low-Earth orbit antenna technology and other next-generation capabilities.

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by Jane Edwards December 30, 2020, 3:52 am