Press Releases

Today, Swiss aviation startup Sirius Aviation AG, proudly unveils the revolutionary Sirius Jet – the world's first hydrogen-powered Vertical Take-Off and Landing (VTOL) aircraft; crafted and designed in collaboration with BMW's Designworks and Sauber Group. This marks a major milestone in sustainable aviation and highlights Sirius Aviation AG's steadfast commitment to innovation, sustainability, and safety. The Sirius Jet, an aviation game-changer, is a high-perfor

Peraton has won a competitive award to provide cyberspace operations support to U.S. Army Cyber Command (ARCYBER) headquarters, ARCYBER subordinate components, service component partners of USCYBERCOM, and other mission partners. Peraton's ability to leverage the experience and capacity of its entire team has helped operationalize capabilities and deliver combat multiplying advantages against our adversaries in a challenging global cyberspace operations environment. &q

Voyager Space and Airbus, global leaders in space exploration, today announced the closing of the transaction to create Starlab Space LLC, a transatlantic joint venture that will develop the Starlab commercial space station will develop, build and operate. In parallel with the formation of the joint venture, the Starlab team completed the station-level System Definition Review (SDR), a critical milestone in assessing the technical and programmatic accountability of the program. &ldq

Kopin Corporation a leading provider of application-specific optical solutions and high performance micro-displays for defense, enterprise, consumer and medical products, today announced it received an approximate $20.5 million contract for a new weapon sight eyepiece configuration. Under the terms of the contract, Kopin is authorized to procure up to approximately $9 million of materials until the new weapon sight eyepiece configuration is fully qualified at which time the remainin

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired single-source metalworking supplier Samtan Engineering Corporation based in Malden, Massachusetts. Samtan’s metalworking services expand FMD’s portfolio with shearing, punching, forming, machining, fabrication and assembly capabilities. “Our acquisition of Samtan Engineering Corporation allows Fairbanks Morse Defense to continue delivering value far beyond the cost of

NASA and the Mohammed bin Rashid Space Centre (MBRSC) of the United Arab Emirates (UAE) announced Sunday plans for the space centre to provide an airlock for Gateway, humanity's first space station that will orbit the Moon. The lunar space station will support NASA's missions for long-term exploration of the Moon under Artemis for the benefit of all. "As chair of the National Space Council, I have made it a priority to enhance international cooperation in space. Today&#

NASA will hold a media teleconference at 1:30 p.m. EST Tuesday, Jan. 9, to provide an update on the agency's lunar exploration plans for the benefit of all under Artemis. Audio of the briefing will stream live on NASA's website. In addition to NASA Administrator Bill Nelson, agency participants will include: NASA Associate Administrator Jim Free Catherine Koerner, associate administrator, Exploration Systems Development Mission Director

Science Applications International Corp. has been awarded a $63 million contract from the U.S. Navy to support hypersonics advanced concepts and strategic mission solutions for the Navy’s Strategic Systems Programs (SSP) and the Naval Surface Warfare Center (NSWC) Crane, Ind., Strategic Systems Hardware Division (GXW). “Every day, SAIC provides expertise in systems integration and delivery solutions in support of the U.S. Navy’s strategic priorities,” said Ba

Maxar Space Systems, a leading provider of comprehensive space technologies, today announced that the Ovzon 3 satellite is performing as expected after launch. Maxar Space Systems manufactured the satellite for Ovzon at their Palo Alto, California, facility using its modular architecture platform. The satellite launched on a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida on Jan 3, 2024. Maxar Space Systems designed and manufactured this specialized satelli

SOSi today announced it was awarded a prime contract to provide a broad range of support services to the intelligence directorate of U.S. Army Europe and Africa (USAREUR-AF). The contract includes multidiscipline intelligence analysis; intelligence, surveillance, and reconnaissance (ISR) planning and integration; intelligence planning, training, and exercise support; cyber network defense (CND) and systems engineering services. "At a time of high operational tempo and

Air Industries Group, an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that its Sterling Engineering Corporation (Sterling) subsidiary has received two contracts totaling approximately $3.2 million. Sterling Engineering has been awarded two contracts for engine components used in the F-135 jet engine that powers the Lockheed Marti

RTX will issue its fourth quarter 2023 earnings Tuesday, Jan. 23, prior to the stock market opening. A conference call will take place at 8:30 a.m. ET. The conference call will be webcast live on the company's website at www.rtx.com and will be available for replay following the call. A presentation corresponding with the conference call will be available for downloading prior to the call. About RTX RTX is the world's largest aerospace and d

Evolv Technology, the leader in AI-based weapons detection security screening, announced that the Company will release financial results for the fourth quarter of 2023 on Thursday, February 29, 2024, after the market closes. Members of the Company’s management team plan to host a live conference call and webcast at 4:30 p.m. Eastern Time on that day to discuss the financial results as well as management’s outlook for the business. The conference call may be accessed in the United

Shield AI, the defense technology company building the world's best AI pilot for aircraft, today announced the expansion of their Series F funding round to a total of $500 million. An additional $100M in equity, raised at the Series F price, and $200M in debt from Hercules Capital were added to the initial $200M in equity closed in November. "AI pilots are becoming a strategic conventional deterrent in class with our aircraft carriers and guided missile submarines. But inte

Viasat, Inc.a global leader in satellite communications, today announced it will work with the U.S. Air Force's Life Cycle Management Center (USAF LCMC) to transition and integrate new innovative technologies and capabilities as part of a $900 million ceiling, Indefinite Delivery/Indefinite Quantity (IDIQ) contract. Under the multi-award contract – known by its initialism LCMC XA IDIQ – Viasat is expected to prototype and test systems, hardware, software, and cyberse