Artificial intelligence inference processor provider Mythic has raised $30M in a new funding round led by Valor Equity Partners.

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NASA has released the results of studies conducted by 12 companies to identify potential commercial opportunities in the International Space Station and other low-Earth orbit destinations.

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Rocket Lab has launched its second Electron orbital launch vehicle from the company’s launch complex on Mahia Peninsula, New Zealand, into space. The rocket, nicknamed Still Testing, reached orbit 8.5 minutes after liftoff and deployed  Planet‘s Dove Pioneer satellite along with a pair of Spire‘s Lemur-2 satellites during the test flight, Rocket Lab said Sunday. Rocket Lab engineers will analyze launch data […] More

Sierra Nevada Corp. and Turkish Aerospace Industries have developed a trainer aircraft in order to compete for the U.S. Air Force’s T-X program that seeks to replace the T-38 jet, Quwa reported Monday. Bilal Khan writes SNC and TAI established a Colorado-based subsidiary, Freedom Aircraft Ventures, to offer the Freedom Trainer aircraft. The Freedom Trainer jet will be equipped with […] More

Humatics has completed its Series A financing round with $18 million raised to support efforts to market the company’s machine-powered microlocation system and analytics software. The Spatial Intelligence Platform is designed to augment human navigation, location and collaboration operations with autonomous systems, the company announced Tuesday. Mobility-focused venture capital firm Fontinalis Partners led the funding round, with investment […] More

The U.S. and Indian governments are close to completing a joint production deal for the Javelin anti-tank guided missile, Defense News reported Wednesday. Vivek Raghuvanshi writes the U.S. and India have been in talks for several years to co-produce weapons and equipment in efforts to build on their defense relationship. Tata Group’s Tata Power Strategic […] More

Industry executives said they expect drone sales orders from Middle East nations to increase after the State Department loosened export rules for unmanned aerial vehicles, Reuters reported Tuesday. “With this new policy, we see a lot more activity, we are talking to a lot more countries in the Middle East,” Frank Pace, president of General […] More