The Department of the Treasury has issued new sanctions against foreign-based agents of North Korea, officially the Democratic People’s Republic of Korea. According to the Treasury’s Office of Foreign Assets Control, Green Pine is responsible for about half of the North’s arms and related materiel exports. Green Pine is controlled by the DPRK’s Reconnaissance General Bureau. It...
December 2, 2023
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Category: Investment Security
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QinetiQ in Exploratory Talks to Support South Korean Aircraft Programs
QinetiQ is in exploratory discussions to explore new opportunities in the Korea Aerospace Industries’ aircraft program such as developing advanced data processing methods. QinetiQ said the collaborative effort will also study the application of its testing, trials, training and evaluation expertise to support the aerospace and defense company’s projects. According to KAI President Kang Goo-young,...
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44 Companies to Develop Tech Solutions for NATO’s Identified Challenges
NATO’s Defence Innovation Accelerator for the North Atlantic has selected 44 companies to develop technology solutions that will help the security alliance address challenges on energy resilience, undersea sensing and surveillance, and secure information sharing. Following its Thursday announcement, the organization also called for mentors and experts to guide the first batch of innovators and...
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Elbit Partners With Romania’s CN Romarm to Produce ATMOS Howitzers Artillery
Elbit Systems has partnered with S Uzina Automecanica Moreni, a subsidiary of state-owned CN Romarm, to increase artillery production in Romania. The companies have signed a cooperation agreement that will establish the Romanian Artillery Center, which will bolster the domestic industrial base and create the foundation for a stronger sovereign artillery production in the southeastern European nation....
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Textron Systems To Test F-35 Block IV Capabilities Under $50M Lockheed Martin Deal
Textron Systems has secured a $50 million purchase order from Lockheed Martin to test the F-35 Lightning II aircraft capabilities using its Advanced Architecture Phase Amplitude and Time Simulator system. Under the award, the company will support the modernization of existing Norway-Italy Reprogramming Lab equipment. By deploying the A2PATS system, Textron will provide an enhanced...
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UK Space Agency Taps Airbus for Space Industry Development Initiatives
The UK Space Agency has awarded $4.9 million to Airbus Defence and Space for the development of a space and connectivity catalyst, which will be accessible to new and current space industry players. An Airbus press release said the new Space Catalyst will be created on a 14-acre site with a range of facilities at...
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MDA Shares Hiring, Facility Expansion Plans for UK Division
Canadian space technology solutions provider MDA is expanding its United Kingdom unit over the next 12 months. The company, which announced the plan at the 2023 UK Space Conference in Belfast, is looking to hire 75 new employees, ranging from entry-level to senior positions. The recruitment effort will double MDA’s workforce in the country. MDA...
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Arctic Extends Broadband Connectivity With Completed Viasat Spacecraft Test
Thermal vacuum testing has been completed on the second satellite for Viasat’s forthcoming Arctic Satellite Broadband Mission, which aims to provide high-speed broadband to the Arctic region by the second half of 2024. Viasat announced the test completion on Tuesday, saying that the two satellites will be deployed in the mission led by Space Norway’s...
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Owl Cyber Defense Enters Australia, NZ Markets With GME Agreement
GME, a Sydney-based communication technology company, has signed a memorandum of understanding for the distribution of Owl Cyber Defense’s cybersecurity solutions in Australia and New Zealand. Formerly known as Owl Computing Technologies, Owl Cyber Defense is based in Columbia, Maryland. The MOU’s delivery and support mechanism will be based in Australia and cover Owl’s cybersecurity...
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TNO, Airbus Netherlands To Build Optical Ground Station for Space-Based Quantum Key Distribution System
The SES-led EAGLE-1 consortium has selected TNO and Airbus Netherlands to design and build an optical ground station for the program. The parties finalized the agreement at the Space Tech Expo in Bremen, Germany. According to SES Chief Technology Officer Milton Torres, the new partners will support the program’s mission of securing an end-to-end solution...
