Latest Federal & Government Contracting Companies' News Coverage
Startups that produce chips for deep learning, natural language processing, machine learning and other artificial intelligence applications are securing funding from investors as they navigate supply chain challenges, The Wall Street Journal reported Tuesday. According to PitchBook Data, such early-stage companies attracted approximately $9.9 billion in venture capital funding across 170 deals in 2021, tripling […] More
The venture capital arms of Lockheed Martin and NTT Docomo have invested in TileDB, a company that developed a system for storing, analyzing and sharing large datasets on-premise or in a cloud environment. TIleDB said Wednesday it will use the funds to further develop its database platform that processes information using multidimensional arrays can work […] More
Harpoon Ventures, a San Diego-based venture capital firm, has raised a new $120 million fund as it continues to help early-stage technology startups win federal contracts, Fast Company reported Tuesday. Former servicemen William Allen and Larsen Jensen founded Harpoon in 2018 and have helped startups gain access to 52 federal contracts valued at $496 million […] More
Meagan Metzger, founder and CEO of Dcode and an advisory board member at Booz Allen Hamilton, wrote in a commentary published Thursday on Defense News that the Department of Defense and other federal agencies seeking to rapidly deploy commercial technology platforms should collaborate with private sector partners with experience screening tech companies for government contracts.
Lockheed Martin's venture capital arm has made a strategic investment in Ayar Labs to help the latter advance the commercialization of its monolithic in-package optical input/output platform.
Brian Schettler, managing director of Boeing's HorizonX Ventures, told Defense News in an interview posted Thursday that getting venture capital funding for defense companies that are focused on hardware is a challenge and one way to help address that reluctance among investors is looking at the “capitalization piece.“
William Eggers and Max Meyers of Deloitte wrote in an FCW article published Thursday that federal agencies can “spin in“ commercial technological capabilities by implementing four investment strategy models used in the venture capital market.
In-Q-Tel has set up new offices in Sydney and London to gain access to startups with novel commercial technologies that can aid intelligence and national security missions of the U.S. and international partners. Peter Tague, an executive vice president at IQT, will oversee international efforts, the nonprofit said Wednesday. Tague is former vice chairman and co-head […] More
Some defense companies such as Raytheon, Lockheed Martin and Boeing have made investments in startups that develop small satellites as the Pentagon and intelligence agencies work to counter space security threats through the use of Cubesats, the Washington Post reported Sunday. Raytheon announced a partnership with Herndon, Va.-based satellite firm HawkEye 360 on Monday, Sept. 10, […] More
Lockheed Martin, Boeing and other defense contractors have invested in startups with emerging technology platforms through their venture capital arms, The Wall Street Journal reported Thursday. Lockheed announced plans in June to double its venture capital fund to $200 million by infusing an additional $100 million saved through the tax reform law to target up […] More
David DeWalt, former CEO of cybersecurity company FireEye, has joined cyber venture capital firm Allegis Capital as a managing director. Allegis said Thursday DeWalt will invest on the company’s behalf in Series C funding rounds and serve as a board adviser of Maryland-based DataTribe, a cyber startup that co-develops cybersecurity, data and analytics. DataTribe and Allegis work together […] More
Jeff Matthews, formerly director of venture strategy and research at the Space Frontier Foundation, has joined Deloitte Consulting LLP as a specialist leader. Matthews will lead Deloitte's space innovation and technology workforce advancement efforts, the company said Tuesday. “Jeff's creative and collaborative work with leaders from startups, nonprofits, venture capital firms and industry organizations mirrors our own […] More
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