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Discussions are in progress for a new investment into Anduril Industries that could result in the defense sector startup being valued at $14 billion in total, including previous funding, Bloomberg reported Thursday. Unnamed sources have revealed that Anduril seeks to raise $1.5 billion in the funding round, which is set to be co-led by Founders […] More

Business consulting company Guidehouse has announced that it will serve as master servicer and custodian under the first-ever multiparty securitization of the unguaranteed portion of Small Business Administration 7(a) loans. Commenting on her organization’s role in the transaction, Jessica Stallmeyer, Guidehouse partner and financial services segment leader, said in a statement issued Wednesday, “[We] are […] More

Federal agencies will need a new kind of chief technology officer to resolve the conflict between an increasing reliance on advanced technologies to deliver exceptional digital experiences and the large environmental footprint accompanying their use, according to Steve Orrin, CTO at Intel Federal. To achieve this goal, this new kind of CTO, dubbed the “Sustainable […] More

General Motors‘ defense business arm has partnered with the University of Texas at Arlington Pulsed Power and Energy Laboratory and Naval Surface Warfare Center Philadelphia Division to assess commercial automotive batteries for potential military applications. Under the Evaluation of Electric Vehicle Batteries to Enable Directed Energy project, GM Defense will provide a commercial electric vehicle […] More