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Firefly Aerospace has raised $75 million in a round of Series A financing led by DADA Holdings and $100 million through a secondary transaction that includes the sale of holdings owned by its major investor Noosphere Ventures. Astera Institute, Canon Ball and other investors participated in the Series A round, which gives Firefly a valuation of more than $1 billion.
MoreClint Crosier, a retired Air Force major general and director of aerospace and satellite solutions at Amazon Web Services, talked about how cloud computing could help aerospace and space industries speed up the analysis of large volumes of data and satellite imagery and address other challenges to the execution of their missions.
MoreRaytheon Technologies' Collins Aerospace subsidiary has secured a contract modification from the U.S. Air Force to deliver an airborne reconnaissance system designed to work in areas with low visibility.
MoreGeneral Atomics' electromagnetic systems business has selected Firefly Aerospace to perform launch services for a GA-EMS satellite carrying an instrument that NASA will use to study how aerosols in the atmosphere affect human health. Firefly will use its Alpha rocket to launch the Orbital Test Bed satellite, equipped with the Multi-Angle Imager for Aerosols instrument, in 2022 from Vandenberg Air Force Base, General Atomics said Thursday.
MoreMarian Joh, who holds nearly three decades of experience in the aerospace and technology industries, has been tapped by Voyager Space Holdings to serve on its board of directors. Joh will bring her experience in corporate strategy and financing to her role and advise Voyager leadership in pursuit of enabling various space exploration missions, the company said Wednesday.
MoreNASA has selected Ball Aerospace to develop a spacecraft that would help the agency study the atmosphere's outermost region that transitions into space as part of the agency's heliophysics science mission of opportunity. The company said Tuesday it will build the Global Lyman-alpha Imager of the Dynamic Exosphere or GLIDE spacecraft that would track the hydrogen-based ultraviolet light found in the region.
MoreFirefly Aerospace has appointed Deborah Lee James and Robert Cardillo, who are both Wash100 Award recipients, to its board of directors, joining Firefly CEO Tom Markusic. The board will be led by James, who will serve as chairman. “We are thrilled to have Debbie and Robert join the Firefly Board of Directors,†said Markusic.Â
MoreCobham's advanced electronic solutions business has received a $48M contract to provide Application Specific Integrated Circuit components and product support to an unnamed customer for medical imaging applications.
MoreThomas Boone, formerly a senior director at Spin Memory, has been named the memory technology company's vice president for defense and aerospace. Boone will engage with military and aerospace government agencies, including the Department of Defense, to address their needs for modern memory technologies, the company said Monday.
MoreThe Canadian Commercial Corp. has awarded L3Harris Technologies an eight-year, $380 million indefinite-delivery/indefinite-quantity contract to procure WESCAM MX-Series systems in support of global U.S. Army surveillance and targeting operations, L3Harris announced Wednesday.
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