Private equity investors CIC Partners and Juniper Capital Management have teamed to buy Applegate EDM and Icon Machine, both in the Dallas area, to create a new portfolio company called Precision Aerospace that focuses on exotic and precision metal work for defense and commercial space.
OQ Technology, a 5G Internet-of-Things satellite startup, has received a €13 million ($12.9 million) Series A investment led by Wa’ed Ventures, the venture capital arm of oil-and-gas company Saudi Aramco.
This ebook explores five of the most meaningful ways a verification and certification digital thread, woven from requirements through verification and onto certification, impacts typical A&D programs for the better.
NASA and Axiom Space have signed a mission order for a second four-person private astronaut mission to the International Space Station (ISS), planned for the second quarter of 2023.
Satellite-based hyperspectral imagery and data provider Pixxel expects to launch its first “commercial-phase” satellites in early 2023, followed by more later that year, representatives said in August while revealing the startup’s latest strategic backer, Accenture.
Saab will launch production of aft fuselage systems for a Boeing advanced trainer at a newly opened plant in West Lafayette, Indiana, under a $71.2 million contract, the Swedish manufacturer said on Aug. 31.
Details have emerged of two additional consortia bidding to participate in South Korea’s K-UAM Grand Challenge urban air mobility demonstration project.
