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Impossible Objects Raises $40 Million to Bring Industrial Scale to 3D Printing
NORTHBROOK, Ill.--(BUSINESS WIRE)--Impossible Objects raises $40M to scale its CBAM technology, bringing 3D printing to mass production across aerospace, defense and manufacturing....
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Inkit Marks Its Most Successful DAFITC to Date, Expanding Connections Across the Defense Technology Community
ST. PAUL, Minn.--(BUSINESS WIRE)--Inkit celebrates its most successful DAFITC to date, forming new connections and preparing to exhibit at Creative Disruptors By The Lakes....
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CVD Equipment Corporation Announces Restructuring Plan and Leadership Transition
CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV) (the “Company”) today announced a restructuring plan and leadership transition, following a thorough evaluation of strategic alternatives for its CVD equipment business by its Board of Directors (the “Board”). The restructuring plan includes: The Company will no longer pursue new system orders for its CVD equipment business. The Company is further reducing its workforce by approximately half, to a level necessary to m...
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Battelle Chooses Ennoia Technologies to Help Advance Characterization of RavenStar™ Open RAN Radio Unit
COLUMBUS, Ohio--(BUSINESS WIRE)--Battelle, one of the world’s largest independent nonprofit research and development organizations, announced today that it has selected Ennoia Technologies, Inc., an AI-RAN observability company, to advance performance characterization of the RavenStar™ Open RAN radio unit (O-RU). Battelle is applying Ennoia’s agentic AI observability software to deepen the massive MIMO and beamforming performance analysis behind the radio, automating the O-RAN Open Fronthaul pa...
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TrustPoint Partners with EnduroSat US to Build 40 Satellites, Scaling Its GPS-Independent PNT Constellation
WASHINGTON--(BUSINESS WIRE)--TrustPoint announces contract award with EnduroSat US to build 40 satellites for its GPS-independent positioning, navigation and timing constellation....
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TERN Awarded $11.26 Million U.S. Army Contract to Deploy Next Generation Positioning, Navigation, and Vehicle Readiness Systems
AUSTIN, Texas--(BUSINESS WIRE)--One of the Department of War's Largest Publicly Announced Investments to Date in AI-Based Alternative Positioning and Vehicle Health Systems...
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AV Secures First International Order for LOCUST® Directed Energy Counter‑Drone Systems
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today announced it has received its first international purchase order for the LOCUST® Laser Weapon System. The landmark, first of its kind direct commercial sale (DCS) order, valued at more than $50 million, marks a significant milestone in the global adoption of AV’s directed energy counter‑drone capabilities. The purchase order covers an initial delivery of AV’s mission‑proven LOCUST systems and associated support. Th...
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RTX Partners With and Invests in Xcimer Energy to Develop Advanced Directed Energy Technology
ARLINGTON, Va. & DENVER--(BUSINESS WIRE)--RTX Ventures, the venture capital arm of RTX, has made a minority investment in laser fusion company Xcimer Energy Corporation (XEC) to support Xcimer’s development of scalable multi-kilojoule-class pulsed-laser technologies. In addition to the investment, RTX and Xcimer have signed a teaming agreement to explore the integration and containerization of Xcimer’s pulsed-laser technologies into RTX’s defense systems, offering the U.S. military potential ne...
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Teledyne Secures $15.4 Million Contract to Support European Drone Dominance
LINCOLN, England--(BUSINESS WIRE)--Teledyne Energetics UK, part of Teledyne Technologies Incorporated (NYSE:TDY), today announced a $15.4 million contract with a Europe-based defence technology manufacturer to supply specialist energetics products for advanced unmanned systems. The award positions Teledyne as a critical industrial partner in the acceleration of European drone dominance, supporting the development and manufacture of next-generation platforms at scale. The agreement supports a Eu...
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KONGSBERG elige el radar MESA de Echodyne para sus sistemas de armamento contra UAS
KIRKLAND, Washington, y KONGSBERG, Noruega--(BUSINESS WIRE)--Echodyne, empresa de plataformas de radar, acaba de anunciar que KONGSBERG ha elegido la plataforma de radar MESA® de Echodyne para una amplia gama de aplicaciones tanto aéreas como terrestres. Entre los primeros usos, KONGSBERG ha integrado el radar MESA en las estaciones de armas remotas (RWS) PROTECTOR RS4 y PROTECTOR RS6, aportando así datos de radar de precisión necesarios para convertir a la familia de RWS más ampliamente desple...