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Castellum has acquired Albers Group assets that are located Naval Air Station Patuxent River in Maryland to provide further support for U.S. Navy and Marine Corps programs. The deal sought to expand the Pax River market presence of Specialty Systems Inc., which Castellum purchased in August and now operates as its SSI subsidiary, the company...
NVIDIA (Nasdaq: NVDA) reported a record revenue of $7.1 billion for the third quarter of its 2022 fiscal year, a 50 percent increase from the prior-year period and a 9 percent jump from the previous quarter. The company said Wednesday it paid $100 million in cash dividends during the quarter and saw its non-GAAP diluted...
The Association of Universities for Research in Astronomy in Washington will continue to provide science operational support for the Hubble Space Telescope through June 30, 2026 under a potential $215 million contract extension with NASA. NASA said Tuesday the latest award allows AURA to continue supporting the operations of the Space Telescope Scie...
Dirk Hoke, formerly the CEO of Airbus’ defense and space business, has joined the board of directors of Spire Global (NYSE: SPIR). The 25-year industry veteran will aim to help Spire’s leadership team in efforts to bring satellite-powered data offerings to the government and commercial sectors, the company said Tuesday. “I’m looking ...
Arlington, Virginia-based Buchanan & Edwards has acquired cyber services provider RenXTech for an undisclosed sum in a push to expand BE’s footprint across national security programs. BE said Tuesday it will merge the acquired business with the company’s R2C subsidiary to pursue mission support opportunities in the government. RenXTe...
As if being an event organizer isn’t challenging enough, the COVID-19 pandemic happened. The event management industry is one of the countless other businesses heavily impacted by the global pandemic. Live conferences and face-to-face gatherings were brought to a screeching halt and were either postponed or canceled. So to adapt to this sudden cha...
Nick Warner, chief operating officer at SentinelOne (NYSE: S), said federal agencies should look at the potential of artificial intelligence, machine learning and other autonomous capabilities in protecting critical assets and sensitive data of citizens from cyberthreats and accelerating the detection of cyber vulnerabilities. “These automations a...
ExecutiveBiz spoke with Rebecca Cowen-Hirsch, senior vice president of government policy and strategy at Inmarsat, in its most recent Executive Spotlight interview posted Monday. She talked about the company’s growth strategies, the potential use of 5G and internet of things capabilities to develop global networks and the space technology mark...
President Joe Biden has signed into law a $1.2 trillion bipartisan infrastructure bill that will direct cryptocurrency exchanges to notify the Internal Revenue Service of crypto transactions through the 1099-B form, NextAdvisor reported Monday. Crypto investors should bear in mind two things as they comply with the new law: keeping track of what the...
Rocket Lab USA (Nasdaq: RKLB) has agreed to acquire Planetary Systems Corp. in a cash-and-stock transaction to further build up its space systems business and end-to-end offerings across launch and space hardware markets. Rocket Lab said Monday it agreed to pay $42 million in cash and 1,720,841 in shares of common stock to buy PSC...
