Tag Archives: investment

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.

Veritas Capital announced on Wednesday that it has finished fundraising for The Veritas Capital Vantage Fund, closing its hard cap with a total of $1.8 billion of committed capital. The Vantage Fund’s closing brings the company's total assets to approximately $28 billion.

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.

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.

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.

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.

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.

Jeremy Goldberg, a member of the worldwide public sector organization at Microsoft, wrote in a guest piece published Tuesday on Nextgov that government agencies looking to build a resilient technology infrastructure in support of digital government initiatives should push for long-term, sustained investments. “To succeed, governments must create long-term integrated plans that encompass enterprise architecture, funding and policy support for scaling infrastructure, shared services, automation and workforce development/skills building,“ he suggested.

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.

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.

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.

Voyager Space Holdings has agreed to acquire a majority stake in XO Markets and its largest subsidiary Nanoracks. Houston-based Nanoracks offers commercial space services for satellite deployment and research across more than 30 nations. "With Voyager, we're confident in our expanded team's ability to continue to deliver game-changing technology industry-wide," said Jeffrey Manber, CEO of Nanoracks.

Northrop Grumman has made an investment in Deepwave Digital and partnered with the company to advance research-and-development work on artificial intelligence to enhance communications processing capability.

Lockheed Martin has invested $750K in Canada-based artificial intelligence company DarwinAI to help the latter operationalize a project that seeks to accelerate diagnosis of COVID-19 through chest X-ray scans. Lockheed made the investment in DarwinAI through its Canadian arm and as part of the Industrial Technological Benefits policy.

Lockheed Martin's venture capital arm has invested in Hidden Level as both companies look to address airspace security and surveillance challenges through the use of distributed sensor networks.