The defense and rocket system services division of Kratos Defense & Security Solutions has been given an initial task order to support Leidos in its work on the U.S. Air Force air-breathing hypersonic missile program. Kratos said Tuesday it will perform digitally engineered system requirement and conceptual design reviews of the Expendable Hypersonic Multi-Mission ISR […] More

Venus Aerospace has secured $20 million in a round of Series A financing led by Prime Movers Lab and will use the capital to mature its rocket engine, aircraft shape and cooling technology for its hypersonic aircraft. Draper Associates, Boost, Cantos, Saturn 5, Seraph Group, Tamarack Global and The Helm also participated in the funding […] More

Slingshot Aerospace has secured $25 million in a round of Series A-1 financing co-led by Draper Associates and ATX Venture Partners and will use the capital to advance the commercialization of its space collision avoidance communications and coordination platform, dubbed Slingshot Beacon. Additional investors that participated in the funding round include Edison Partners, Lockheed Martin […] More

The U.S. Navy has commenced the second phase of a challenge focused on utilizing autonomous technology for small unit maneuver missions. Naval Surface Warfare Center Crane Division, the NavalX Midwest Tech Bridge and the Office of Naval Research selected eight teams to compete for the $250,000 prize as part of the  Artificial Intelligence for Small Unit Maneuvers Prize Challenge, NSWC Crane said Monday.

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Lisa Callahan, vice president and general manager of commercial civil space at Lockheed Martin, has provided an update on the company's partnership with Blue Origin for the development of a new system that would help astronauts land on the lunar surface, TechCrunch reported Friday.

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Some industry executives have said that NASA’s Commercial Lunar Payload Services program has provided companies an opportunity to advance their technology platforms and form partnerships with additional firms, SpaceNews reported Thursday. “Going back to the moon with commercial technology opens the floodgates,” said Grant Anderson, president, CEO and co-founder of Paragon Space Development, which teams […] More