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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Lockheed Martin‘s venture arm made a strategic investment in Regent in a bid to help the maritime transportation company speed up the development of its electric seagliders for potential defense applications. Lockheed is eyeing the vehicle as a low-cost, sustainable option to address the logistical and mission-critical transport needs of the Department of Defense, Regent […] More
The venture capital arm of Lockheed Martin has invested in technology company H3X Technologies to help the latter augment its Colorado headquarters facility as well as accelerate the development of its integrated motor drives. H3X has now raised a total of $9 million with the latest funding from Lockheed Martin Ventures, the Denver-based aircraft motor manufacturer said Tuesday. […] More
Lockheed Martin’s venture capital arm has made a strategic investment in Fortify to enable the Boston-based digital manufacturing company to advance additive manufacturing of radio frequency components. Fortify said Tuesday its Digital Composite Manufacturing platform is designed to enable users to produce complex structures using electrical, mechanical, electromagnetic and thermal properties. Fortify CEO Lawrence Ganti […] More
Robert Lightfoot, executive vice president of Lockheed Martin‘s space division, said the aerospace and defense company aims to enter into partnerships with smaller space technology developers to speed up engineering and manufacturing efforts, SpaceNews reported Tuesday. Speaking at the Satellite Innovation conference in California, the former NASA acting administrator said Lockheed partners and invests in […] More
Lockheed Martin’s venture capital arm has made an investment in Electra.aero through a Series A funding round to enable the latter to perform flight testing of its hybrid-electric ultra-short takeoff and landing demonstrator aircraft in 2022. “Electra’s technical approach to sustainable aviation is differentiated, and we are excited to see this concept mature,” Chris Moran, […] More
The venture capital arms of Lockheed Martin and NTT Docomo have invested in TileDB, a company that developed a system for storing, analyzing and sharing large datasets on-premise or in a cloud environment. TIleDB said Wednesday it will use the funds to further develop its database platform that processes information using multidimensional arrays can work […] More
Orbit Fab has received investments from Northrop Grumman, Lockheed Martin and other companies to help commercialize its on-orbit refueling systems and services. Orbit Fab said Tuesday it raised over $10 million in its most recent funding round led by Asymmetry Ventures, alongside Lockheed’s venture arm and Northrop. SpaceFund, Marubeni Ventures and Audacious Venture Partners participated […] More
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