Hypersonics and space venture investment rounds to note
The venture capital arms of RTX, Booz Allen Hamilton and the U.S. intelligence community are among the participants in here. Hermeus The hypersonic aircraft manufacturer has collected $350 million in Series C capital to support efforts at speeding up production and creating more prototypes. Hermeus opened for business in 2018, then secured $60 million in funding […]
Vibrint’s strategic shift fuels $1.2B in contract awards
The national security IT firm is expanding geographically and seeking to build a more quantum-ready workforce. Vibrint CEO Tom Lash shifted the company’s strategy in 2024 because he saw too much focus on inorganic growth. That shift paid off in a big way in 2025, during which company won three contracts with a combined $1.2 billion ceiling over […]
HawkEye 360 files to go public
No details yet on how much the 11-year-old company is looking to raise from investors, but their financial profile and customer mix is on display for all to see. HawkEye 360, a commercial satellite operator that specializes in using radio frequency data, has filed for an initial public offering in the wake of a large capital […]
Space Force picks 14 for $1.8B object tracking contract
Established defense market giants and newer, mostly venture-backed startups are in the awardee pool. Space Force has awarded 14 companies positions on a potential 10-year, $1.8 billion contract vehicle to build satellites and other systems for use in space domain awareness efforts. The Andromeda program’s pool of winners represent a mix of established defense market giants […]
GAO warns DOD’s CMMC fix could become the program’s biggest threat
Waivers are a legitimate risk management tool, but the Government Accountability Office believes over-reliance on them could undermine the cyber and supply chain security initiative’s core premise. The Defense Department has made a lot of progress building out the Cybersecurity Maturity Model Certification program, but a Government Accountability Office report found there are still risks that […]
AEVEX sets the size, specs of its public offering
The nine-year-old drone manufacturer is following the same path traveled by Voyager Technologies, Firefly Aerospace and York Space Systems as SpaceX’s pending IPO looms as well. AEVEX Corp., a manufacturer of autonomous and uncrewed systems, has laid out the terms of its pending initial public offering as the company seeks to tap into heightened investor interest […]
‘Hybrid constellations’ are making it hard for militaries to hide
Vantor plans to combine high- and low-resolution space imagery in its satellite fleet. A planned satellite constellation will be able to image any location on Earth every 15 minutes and take more detailed images, a novel capability that could reveal even the nimblest and stealthiest military maneuvers, its developer says. On Thursday, Vantor announced plans to […]
Why your program managers are winning deliverables but losing recompetes
Execution excellence can become the enemy of on-contract growth, writes business development expert Nic Coppings. I met with a very frustrated vice president of programs last year. Good leader. Great team. “I don’t get it,” he said. “I’ve told them what I need. They seem excited, but then nothing changes. It’s like they don’t care.” He […]
NASA seeks commercial contractor to build new Mars communications network
Only companies that worked on the Mars Sample Return program need apply, narrowing the field to a handful of space industry heavyweights. NASA is looking for ways to improve the communications network that connects the Earth to Mars. Improvements are needed to handle the growth in satellites, rovers and other equipment on Mars in order to prepare […]
XLA hires former Octo exec as CEO
James Vant spent 15 years at Octo and helped shape it to eventually be acquired by IBM. XLA has hired a new chief executive in James Vant, a two-decade veteran of the market who spent 15 years at Octo prior to its acquisition in 2023 by IBM. He joins XLA to lead its efforts at re-energizing […]