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PsiQuantum has promoted Victor Peng to permanent CEO Technology executives Rob Soderbery and Sriram Sitaraman have joined the leadership team New hires will advance silicon photonics and IT strategy PsiQuantum has appointed Victor Peng, most recently interim chief executive officer, as permanent CEO as part of a series of executive leadership appoin...

IBM has committed more than $10 billion to advance its quantum computing roadmap The investment supports research and development, manufacturing scaling and more IBM plans to deliver Quantum Starling in 2029 as its first large-scale fault-tolerant quantum computer IBM has unveiled a potential five-year, $10 billion investment plan to support quantum...

Astranis has secured $450 million in new capital to expand production of spacecraft designed for geostationary orbit and other high orbits to support U.S. government programs of record. As Astranis expands production to support growing national security demand for high-orbit communications systems, government and industry stakeholders continue to fo...

Iron Bow Technologies has secured a firm-fixed-price contract valued at $100 million from the U.S. Air Force to provide software modernization support services. Air Force Vice Chief of Staff John Lamontagne is among the defense leaders who will take the stage at the Potomac Officers Club’s 2026 Air and Space Summit on July 30 to...

Rich Wajsgras, former Groq executive, has joined NVIDIA as a senior manager. He confirmed his new role in a recent LinkedIn post. “Happy to share that I’m starting a new position as a Senior Manager at NVIDIA,” he wrote. “It’s a real privilege to join a company that has defined the modern era of [artificial...

Scale AI, a San Francisco, California-based company that aims to accelerate the development of artificial intelligence applications, has secured a $99.5 million contract from the U.S. Army for the procurement of research and development services. R&D Contract Details The Department of Defense said Thursday the Army Contracting Command at th...

The U.S. Army has awarded BFBC a potential $230.9 million contract to design and build new protective barrier fencing and access gate installations, and enhance roadways. Contract Scope The Department of Defense said Wednesday the Bozeman, Montana-based company will install perimeter fencing and carry out additional contracted work in San Luis,...

Cybersecurity company Forescout Technologies has promoted seasoned sales leader Rob Amezcua to chief revenue officer and hired marketing professional Joe Malenfant as vice president of product marketing. In a statement published Tuesday, Forescout CEO Barry Mainz said the leadership appointments will help the company’s customers stay ahead of ...

Golden Dome, President Donald Trump’s proposed U.S. missile defense system, could leverage AI services to boost the system’s autonomy and reduce the manpower required for the system’s operation, according to a news report. The U.S. Army is scouting for AI capabilities for Golden Dome as it is a large contributor to the air and miss...