Shield AI has acquired Heron Systems for an undisclosed sum to further expand its artificial intelligence engineering and reinforcement learning capabilities. Heron Systems is a software company founded in 1993 and is known for developing an AI pilot that emerged undefeated against a human Air Force F-16 fighter pilot in five rounds of simulated air...
Spatial data company Matterport will start trading Friday on Nasdaq under the symbol “MTTR” after it completed its merger with special purpose acquisition company Gores Holdings VI (Nasdaq: GHVI). Sunnyvale, California-based Matterport said Thursday it has secured approximately $605 million in total cash as a result of the combination, including...
Michael Witt, formerly a corporate director at chemical company Dow, will officially join Northrop Grumman (NYSE: NOC) on Aug. 9 to serve as vice president and chief sustainability officer. He will oversee Northrop’s carbon reduction activities, resource efficiency efforts and other initiatives aimed to promote environmental sustainability, th...
Braxton Technologies, now part of Parsons (NYSE: PSN), has secured a $139.4 million contract modification from the U.S. Space Force to continue ground-based satellite systems support at the Space and Missiles Systems Center. The company is helping the service branch prototype, integrate and manage network, infrastructure, architecture and hardware s...
Parsons‘ (NYSE: PSN) government services business has won a 10-year, $953 million contract to build, operate and maintain a layered base security system for U.S. Air Forces in Europe-Air Forces Africa. The company will employ air base air defense equipment at various U.S. military installations throughout the European and African continents, t...
Chuck Prow, president and CEO of Vectrus, was presented his 2021 Wash100 Award, the most prestigious award in all of government contracting (GovCon), by Executive Mosaic CEO Jim Garrettson during a ribbon-cutting ceremony of Vectrus’ new Tysons Corner office last Thursday. Since the inception of the Wash100 Award in 2014, Prow has received the hon...
Jason Porter, president of AT&T’s public sector and FirstNet, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Wednesday. During the discussion with ExecutiveBiz, Porter touched on his recent transition into his role with FirstNet as well as the impact of a recent VA modernization task order win, the company&#...
Tracker Capital Management has acquired a controlling interest in Accion Systems, a Boston-based startup developing ionic liquid electrospray propulsion technology designed to power satellites and space vehicles. Accion said Wednesday it has also closed on a $42 million Series C funding round that was led by a Tracker Capital affiliate and gave the ...
Fearless, a Baltimore, Maryland-based digital services firm, has won a potential five-year, $120 million blanket purchase agreement from the General Services Administration’s Technology Transformation Services to support modernization efforts across the government, Technical.ly reported Tuesday. The software firm will provide TTS offices and i...
Jim Cushman, a technology industry veteran, has joined mobile enterprise security company Hypori as president of commercial markets and chief product officer. He will oversee the company’s strategic growth initiatives and expansion into health care, fintech and other commercial markets and is expected to use his three decades of product developmen...
