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in News, Technology

Raytheon Announces Investment in Hypersonic Aircraft Startup Hermeus; Daniel Ateya Quoted

Raytheon Technologies has invested in hypersonic aircraft developer Hermeus through its newly created venture capital group. The investment from RTX Ventures will enable Hermeus to advance the development of its first hypersonic aircraft, Quarterhorse, and second platform, dubbed Darkhorse, Raytheon said Thursday. “Hermeus’ technical approach and business plan balances near-term defense applications with long-term commercial […] More

by Jane Edwards May 13, 2022, 11:54 am
in News, Technology

Weaveworks Secures In-Q-Tel Investment Deal for Application Delivery Platform

In-Q-Tel has agreed to invest in Weaveworks to help the software company further develop its application delivery and security automation platform for use in U.S. intelligence and defense missions. Weaveworks seeks to bring its technology to the government sector to help agencies manage and secure applications in on-premise or cloud computing environments, the company said […] More

by Mary-Louise Hoffman May 5, 2022, 11:52 am
in News, Technology

In-Q-Tel Invests in Software Firm Sandbox AQ

In-Q-Tel, the intelligence community’s venture capital arm, has made an investment in Sandbox AQ to help the latter build an encryption software that could resist the possibility of being decrypted by quantum computers and sensors, Bloomberg reported Monday. Bloomberg quoted Steve Bowsher, president of IQT, as saying the investor wants to help bring Sandbox’s product […] More

by Jane Edwards May 3, 2022, 11:57 am
in News

Strider Looks to Enhance Offerings, Expand Workforce With Valor Equity Partners-Led Investment

Strider Technologies has secured $45 million in a round of Series B funding led by Valor Equity Partners and is planning to modernize its existing data and software offerings, develop new capabilities and increase workforce and market presence through the new capital. The Salt Lake City-based strategic intelligence provider said Wednesday the financing round was […] More

by Christine Thropp May 2, 2022, 11:53 am
in News, Technology

SaaS Company Hypori Secures Investment From Former CIA Director David Petraeus

David Petraeus, a retired U.S. Army general and former director of the CIA, has made an investment in software as a service company Hypori. Petraeus said in a statement published Wednesday Hypori has developed a zero-trust platform that could enable government agencies and commercial companies to protect critical infrastructure by safeguarding data in transit or […] More

by Jane Edwards April 28, 2022, 11:58 am
in News, Technology

Oshkosh Seeks to Expand Autonomy Offerings Via Robotic Research Investment

Oshkosh has invested in Robotic Research to advance innovation and expand autonomous capabilities. The two companies started collaboration on autonomy initiatives for the Department of Defense in 2017 and Oshkosh said Tuesday the partnership with Robotic Research will further build up its work on autonomous vehicles and related systems that could be used to support […] More

by Jane Edwards April 27, 2022, 11:58 am
in Artificial Intelligence, News, Technology

Booz Allen Eyes Expanded Edge Analytics Capabilities With Reveal Technology Investment

Booz Allen Hamilton looks to boost its edge analytics capabilities through a strategic investment in Reveal Technology, a Silicon Valley-headquartered company that combines computer vision, artificial intelligence and edge computing technologies to support warfighter operations. The firm said Tuesday its Digital Battlespace technology will gain additional capabilities from Farsight software platform that is developed by […] More

by Christine Thropp April 19, 2022, 11:52 am
in Industry News, News, Wash100

Ramzi Musallam, Veritas Capital CEO & Managing Partner, Awarded 7th Consecutive Wash100

Executive Mosaic has named Ramzi Musallam, CEO and managing partner of Veritas Capital, as one of the inductees into the 2022 Wash100 Award in recognition of his company asset growth strategy and fund management leadership. This marks the seventh consecutive year that Musallam has been included in Executive Mosaic’s annual selection of officials and executives […] More

by Christine Thropp March 28, 2022, 11:50 am
in News, Technology

Firefly Aerospace Secures $75M in AE Industrial Partners-Led Series B Funding Round

Firefly Aerospace has raised $75 million in a round of Series B financing led by AE Industrial Partners and will use the capital to support future flights of its Alpha launch vehicle and advance the development of the Blue Ghost Lunar Lander Program and other launch and in-space platforms. AEI said Tuesday it also completed […] More

by Jane Edwards March 23, 2022, 4:54 am
in News, Technology

Intel, NSF to Collaborate on National Grant Program for Semiconductor Education & Research

Intel and the National Science Foundation have agreed to create a $100 million funding program to encourage collaborations between the research and education communities in building up the semiconductor ecosystem. The company said it will provide $50 million to the initiative while the agency will match the investment and solicit proposals for chip design and […] More

by Nichols Martin March 18, 2022, 8:35 am
in Industry News, News

Intel Targets European Chip R&D, Manufacturing Expansion Through Potential $88B Investment Program

Intel plans to spend as much as $88 billion on chip research, development, production and packaging operations in the European Union over the next decade as part of efforts to help industry rebalance and increase resilience in the global semiconductor supply chain. The investment program’s initial phase, valued at more than $18 billion, will focus […] More

by Nichols Martin March 17, 2022, 12:07 pm
in Cybersecurity, News

Securonix Announces Over $1B Growth Investment; Sachin Nayyar Quoted

Securonix has secured a growth investment worth more than $1 billion and will use the capital to support talent acquisition efforts, advance growth initiatives and meet customer demand for cloud-native security analytics and operations platforms. Volition Capital and Eight Roads Ventures participated in the Vista Equity Partners-led investment, Securonix said Tuesday. “We solve a very […] More

by Jane Edwards February 16, 2022, 4:58 am

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