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AE Industrial Partners Buys Deep Space Systems; Peter Cannito Quoted

Peter Cannito

AE Industrial Partners has purchased space components and payloads provider Deep Space Systems for an undisclosed sum. AEI said Monday it will merge DSS with spacecraft components manufacturer Adcole Maryland Aerospace, which was acquired in March, to establish Redwire, a space technology platform that will focus on building mission-critical systems and electronics for next-generation space architecture.

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Airbus Lands Potential $275M Contract to Build Third European Service Module for NASA Spacecraft

Airbus has landed a potential $275.1M contract build another spacecraft module for the European Space Agency to support NASA's manned deep space exploration goals. The company said Tuesday it will produce the third European Service Module designed to fly with Lockheed Martin-built (NYSE: LMT) Orion spacecraft as part of the the Artemis III Mission to bring astronauts to the moon sometime in 2024.

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SparkCognition Launches Government-Focused AI Subsidiary With DoD Vets as Board Members

SparkCognition, an Austin, Texas-based artificial intelligence company, has formed a wholly owned AI subsidiary focused on government and national defense. SparkCognition Government Systems will deliver AI-based systems to government agencies to help them address national security needs and improve operations through data analysis, application of prescriptive and predictive analytics, autonomy technology deployment and use of natural language processing to facilitate unstructured data processing.

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