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Industry launches $100B AI-infrastructure effort to keep ahead of China
Oracle, OpenAI focus on data centers as AI race begins to turn on computing power instead of math.
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Redwire pushes further across defense with $925M Edge Autonomy acquisition
In explaining the move to Wall Street, Redwire's chief executive Pete Cannito cites connectivity between space assets and drones closer to Earth's surface as a growth opportunity for the company.
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QinetiQ's US arm appoints Vecchiolla as CEO
Tom Vecchiolla now will lead the subsidiary's work to execute the strategy of its parent company that centers around the AUKUS security partnership.
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Tech, operations and growth leadership moves across the market
One chief growth officer retirement and another CGO hire feature, both at Top 100 companies.
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Space companies say cyber threat intelligence is often overclassified, unactionable
Space and aerospace industry feedback from a series of government-run workshops noted that such threat intelligence is difficult to translate into actionable cyber efforts.
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Accenture Federal’s new CEO eyes AI-driven transformation during Trump 2.0
Ron Ash sees agencies as having opportunities ahead to modernize legacy systems and improve efficiency by harnessing the power of new tools like agentic artificial intelligence.
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Stoke Space collects $260M in Series C capital
The company started in 2020 and has approval from Space Force to bid for future launches of small payloads.
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BigBear appoints McAleenan as chief executive
Kevin McAleenan becomes the artificial intelligence integrator's third CEO since its public listing in 2021.
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US ‘has to win’ the AI innovation race, OpenAI exec says
Senior Vice President of Global Affairs Chris Lehane commended a recent executive order opening federal land to AI data center development and posited ways to encourage states to back AI development.
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SEEQC closes $30M investment round
Booz Allen Hamilton’s venture capital arm and NordicNinja led the round for SEEQC, which started in 2019 with the idea of integrating classical and quantum computing techniques.
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Loft Orbital captures $170M in Series C investments
The company has fetched $300 million in external capital since it opened for business in 2017 with the idea of integrating and operating customer payloads in its satellites.
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Overland AI closes $32M Series A round
Byron Boots and Stephanie Bonk started the company in 2022 to design technology that helps ground vehicles operate in complex environments and for one person to control fleets of them.
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Crimson Phoenix acquires geospatial tech provider
The Godspeed Capital-backed company is looking to grow its lineup of artificial intelligence-powered data labeling tools for use by intelligence agencies.
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Industry execs push for mission-focused cyber strategies, not just compliance
Cybersecurity investments should focus on operational efficiency and threat prevention, as a group of participants put it during an industry roundtable.
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Global space economy tracking toward $944B by 2033: report
Emerging tech, government investment to fuel space spending.
Companies
Oddball gets new private equity backer
Started in 2016, Oddball works with federal agencies on tech design and deployment efforts to aid in how they deliver citizen services.
Companies
Booz Allen agrees to pay $15.9M settlement over subcontractor’s fraud scheme
Former executives at QuantaDyn, an Air Force official and two former Booz Allen Hamilton program managers ran a decade-long conspiracy to influence contract awards.
Companies
Consolidated Safety Services acquires satellite data services provider
CSS wants to further enable remote sensing data collection efforts by agencies that face health, defense and environmental challenges
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A dozen corporate leadership moves to start 2025
Our first roundup of executive movement in this New Year covers growth, technology, operations and sales
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