Tag: Defense Technology
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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…
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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…
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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…
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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…
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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…
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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…
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Space-Focused SPAC SAAC Prices $200 Million IPO, Targets Technology and Defense Deals
Space Asset Acquisition Corp. has priced its initial public offering at $200 million, positioning the newly formed blank-check company to pursue acquisitions in the global space economy, with a particular focus on technology and defense-related businesses. The special purpose acquisition company, or SPAC, sold 20 million units at $10 each and is set to begin…
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CesiumAstro Secures $200 Million in U.S. Government-Backed Financing for Defense Expansion
Space communications company CesiumAstro has secured $200 million in government-backed financing as it deepens its focus on national security and defense customers, the company said this week. The financing package was jointly provided by the Export-Import Bank of the United States (EXIM) and JPMorgan Chase. It includes $185 million in an EXIM-authorized debt facility and…