Tag: Defense Technology
-
Optera Raises £3 Million to Expand Space Domain Awareness Technology in the UK
Optera has secured £3 million ($4 million) in fresh funding to support its relocation from Australia to the United Kingdom, strengthening its position in the growing market for space domain awareness (SDA) and dual-use sensing technologies. The funding round was led by the UK Innovation & Science Seed Fund (UKI2S), with participation from Blackfinch Ventures,…
-
Lockheed Martin Wins $514 Million Contract for Two Additional GPS IIIF Satellites
Lockheed Martin has secured a $514 million contract from the U.S. Space Force to build two additional Global Positioning System (GPS) IIIF satellites, expanding the company’s total commitment under the program to 14 spacecraft. The award covers GPS IIIF Space Vehicles 23 and 24 and supports ongoing efforts to modernize the GPS constellation as older…
-
Apex Space Raises $200 Million at $2.3 Billion Valuation to Expand Satellite Manufacturing
Satellite manufacturer Apex Space has secured $200 million in new funding at a valuation of $2.3 billion, as the company accelerates plans to expand production capacity and strengthen its position in the growing space infrastructure market. The funding round was led by Glade Brook Capital Partners, with participation from Washington Harbour Partners and a mix…
-
Planet Labs Secures Expanded NGA Contract for AI-Enabled Maritime Intelligence Services
Planet Labs has received a $22 million contract option from the U.S. National Geospatial-Intelligence Agency (NGA) to continue providing artificial intelligence-enabled geospatial analytics for military and government users. The award expands work that began under a $13 million contract issued last year through the NGA’s Luno B program, which uses unclassified commercial imagery and analytics…
-
Applied Aerospace & Defense Raises $650 Million in NYSE Debut
Applied Aerospace & Defense began trading on the New York Stock Exchange on Wednesday after launching an initial public offering of 32.5 million shares designed to raise approximately $650 million. The company was formed through the merger of aerospace suppliers Applied Aerospace and PCX Aerosystems, which were both previously owned by private equity firm Greenbriar…
-
Observable Space Raises $90 Million Series A to Expand Space Tracking and Optical Systems
Observable Space has secured $90 million in Series A funding to expand production of its optical and laser-based space systems, while also supporting international growth beyond the United States. The funding round was led by Lux Capital and co-led by Upfront Ventures, Detroit Venture Partners, Island Green Capital and RTX Ventures. BRV Capital Management and…
-
U.S. Space Force Awards Viasat and Intelsat $437.7 Million for Protected Satellite Communications Program
The United States Space Force has awarded a combined $437.7 million contract to Viasat and Intelsat for the procurement of satellites under the Protected Tactical Satellite Communications-Global (PTS-G) program, according to a government contract notice released on Friday. The Space Force said it obligated $150 million in fiscal year 2026 research, development, test and evaluation…
-
Vantor Secures $70 Million NGA Contract to Deliver GEOINT Platform
Vantor said on Monday it has received a $70 million award from the National Geospatial-Intelligence Agency (NGA) for the first option year of a programme providing access to a database of unclassified satellite and sensor-derived imagery. The award falls under NGA’s Global Enhanced GEOINT Delivery (G-EGD) programme, which the company—formerly known as Maxar—has managed for…
-
Anduril to Acquire ExoAnalytic Solutions to Expand Space Surveillance Capabilities
Anduril Industries has announced plans to acquire ExoAnalytic Solutions, a move expected to significantly expand Anduril’s space surveillance and tracking capabilities for national security customers. Financial terms of the acquisition were not disclosed. Once completed, the deal will more than double Anduril’s space-focused workforce, increasing it from about 120 employees to more than 250 after…
-
York Space Systems Debuts on NYSE, CEO Highlights Role in Trump’s ‘Golden Dome’ Defense Plan
York Space Systems began trading as a public company on Thursday, with its founder and chief executive pointing to growing U.S. defense spending and President Donald Trump’s proposed “Golden Dome” missile defense initiative as a major growth opportunity. The Denver-based satellite manufacturer opened trading on the New York Stock Exchange at $38 a share, up…