The U.K. Space Command will utilize LeoLabs’ space situational awareness services for its low Earth orbit research and development satellite, Tyche, scheduled for a summer launch. According to a LeoLabs announcement, the 150-kilogram demo spacecraft is part of the U.K.’s ISTARI program on a LEO constellation for intelligence, surveillance and reconnaissance. LeoLabs CEO Tony Frazier,...
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Category: Investment Security
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Lockheed Martin Australia Realigns R&D Lab’s Focus to Advanced Systems and Technologies
Lockheed Martin’s research operations center in Australia is now known as Advanced Systems and Technologies. The company said the transition from the old name — STELaRLab, short for Science, Technology, Engineering Leadership and Research Laboratory — will enable the facility to better meet the Australian Defence Force’s mission objective and capability development requirements. AST advances research and...
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Nikon Sees Growing Demand for Its Metal 3D Printing, Legacy Chipmaking Capabilities
Nikon, witnessing a surge in its businesses, is looking to market its metal 3D printers to the U.S. defense and aerospace market. In an interview with Bloomberg TV on Wednesday, Muneaki Tokunari, president and chief financial officer at Nikon, said the Japanese optics and imaging firm is “betting on many things,” one of which is...
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Canada Awards Hitachi Energy Funding to Build HVDC Simulation Center in Quebec
Hitachi Energy Canada has secured funding from the Canadian government to build a new high-voltage direct current simulation center in Montreal. HVDC is a key component that integrates large-scale renewable electricity into the power grid. On Monday, the company said it received around $22 million from the Strategic Innovation Fund, a national investment program supporting...
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Helsing Poised to Boost AI Defense R&D With $490M New Funding
Helsing, a Berlin-based defense company focused on creating artificial intelligence-based military solutions and components, has secured over $490 million from a Series C financing round it initiated to raise funds for product research and development. U.S.-based venture capital firm General Catalyst led the funding round, with Elad Gil, Accel, Saab, Lightspeed, Plural and Greenoaks as...
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Leonardo to Support Ammunition Production for Italian Armed Forces
The Defence Industries Agency, a component of the Italian Ministry of Defence that supplies military equipment to the Italian Armed Forces, has partnered with Leonardo to develop conventional 155 mm artillery ammunition over 18 months. Leonardo said the collaboration, with options to extend further, aims to improve the operational capabilities of the Italian Armed Forces...
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IBM Buys SiXworks for $150M to Grow UK Public Sector Business
IBM expanded its market presence in the public sector with its acquisition of U.K. defense consultancy company SiXworks. The multinational technology firm said in a blog post on Tuesday that SiXworks’ digital, cyber and defense cloud capabilities complement its existing U.K. offerings on cybersecurity, data and artificial intelligence. IBM purchased SiXworks from London-based private equity...
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Northrop Grumman, Mitsubishi Electric Extend Collaboration With Mission Solutions MOU; Kenn Todorov Quoted
Northrop Grumman and Mitsubishi Electric are planning to jointly pursue industrial co-production opportunities for various strategic mission solutions in the United States and Japan. The cooperation, provided in a memorandum of understanding that Northrop announced on Wednesday, extends to partnership in logistics and sustainment of key military capabilities such as electronic warfare, radar, underwater sensors and...
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Leonardo-Rheinmetall MOU Eyes Armored Vehicle Manufacturing for European Market; Armin Papperger Quoted
German arms manufacturer Rheinmetall and Italian defense company Leonardo are planning a 50:50 partnership in Italy to develop and commercialize armored vehicles for the European market. The plan, outlined in a memorandum of understanding that the two companies signed on Wednesday, focuses on the Italian Army’s ground systems programs on a new main battle tank...
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Airbus Working to Acquire Specific Spirit AeroSystems’ Aircraft Parts Production Activities
Airbus has announced an agreement with Spirit AeroSystems to acquire some of the latter’s operations, particularly the manufacture of key aircraft components. The “definitive agreement” could lead to the purchase of Spirit’s specific activities, including the production sites for A350 fuselage sections and A220 pylons in the United States, Airbus said. The ongoing transaction would also...
