Space infrastructure provider Loft Orbital has raised $170 million in a round of Series C financing led by Tikehau Capital and Axial Partners. The San Francisco-based company said Tuesday it plans to use the capital to further support its operations, advance the launch of satellites for multiple constellations and grow its ecosystem of artificial in...
2024 has seen a number of significant mergers and acquisitions in the government contracting sector. With organizations seeking to expand their portfolios, increase competitive advantage and break into new markets, M&A activity has transformed the industry. From aerospace and defense to cybersecurity and technology innovation, these deals are re...
Private equity firm Sagewind Capital has invested in Aechelon Technology, which provides image generation software and real-time computer graphics systems for training, simulation and visualization for defense and commercial applications. Sagewind said Monday this marks its eighth platform investment in the government technology sector. Aechelon CEO...
The Central Intelligence Agency’s Chief Technology Officer Nand Mulchandani has joined the lineup of Intelligence Community decision makers who will speak at the Potomac Officers Club’s 2024 Intel Summit on Sep. 19. Join the Intel Summit to learn more about IC priorities, expand your GovCon network and meet intelligence leaders face to...
What’s next for artificial intelligence in the federal landscape, and how are government leaders looking to use AI? Bill Rowan, vice president of public sector at Splunk, shared his insights about the future of AI, popular AI use cases and how AI could change the game in cybersecurity in a new Executive Spotlight interview with GovCon...
EchoStar (Nasdaq: SATS) subsidiary Hughes Network Systems will continue to deploy Open Radio Access Network-based private 5G networks at military installations in Hawaii and Washington State through 2025 under a contract extension awarded by the Department of Defense. The contract extension awarded by DOD’s Office of the Undersecretary for Researc...
Tony Frazier, former executive vice president and general manager of public sector earth intelligence at Maxar Technologies (NYSE: MAXR), has been named CEO of LeoLabs, a space visualization company that tracks objects in low Earth orbit. He will succeed LeoLabs co-founder Dan Ceperley, who will assume the chief operations officer post responsible a...
Roger Mason, president of Peraton‘s space and intelligence sector and a four-time Wash100 awardee, was named a member of the board of directors of Capella Space and will provide the San Francisco-based Earth observation satellite developer with leadership and insight to support its growth, according to a LinkedIn announcement. Aside from Mason...
General Dynamics’ (NYSE: GD) information technology business has unveiled a technology strategy to advance investments in the areas of zero trust, multicloud management, 5G, mission artificial intelligence and machine learning, software factory and automation for IT operations. GDIT said Wednesday it is leveraging those six digital accelerator are...
The construction industry holds a prominent position among government contractors, securing numerous contracts from federal agencies. These contracts are awarded to construction companies responsible for building vital infrastructure projects across various sectors, including defense, homeland security, logistics, transportation, technology, and mor...
