The European Investment Fund is putting $45 million into a fund run by Keen Venture Partners as part of Europe’s efforts to foster defense and space startups.
A May 20 announcement in the Oval Office marks the first step in moving the Golden Dome initiative for air and missile defense into reality at a record pace.
The Golden Dome air and missile defense system will be fully operational in two and a half to three years and cost about $175 billion, President Donald Trump says.
Australia has launched Mission Talon Strike, an Advanced Strategic Capabilities Accelerator initiative aimed at domestically developing loitering munitions.
U.S. startup Tiberius Aerospace has revealed its vision for a ramjet-powered artillery shell to extend munition range beyond that of conventional shells.
Malaysia's first of two Leonardo ATR 72 maritime patrol aircraft is set for delivery by the end of 2026, Malaysian Defense Minister Mohamed Khaled Nordin says.
Stratolaunch is shifting its focus to its 747 launch platform after successful repeat flights of the first autonomous, fully reusable hypersonic test aircraft.
The UK Defense Ministry has lifted the lid on the second ground-based air defense system it has rapidly developed for use in Ukraine referred to as Raven.
Pakistan used Chinese-built Chengdu J-10C fighters during an aerial confrontation with India, in what could be the first combat use of the type, a report says.
A U.S. Navy flight test announcement revealed work is underway to revive a decades-old concept combining an air-breathing ramjet with a solid fuel rocket.
The U.S. Congressional Budget Office (CBO) estimates the space layer of the proposed Golden Dome will cost $160 billion to $542 billion to field and operate.
