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Raytheon, a subsidiary of RTX, has concluded the thermal vacuum testing of the final Visible Infrared Imaging Radiometer Suite instrument that will be used on the Joint Polar Satellite System of NASA and the National Oceanic and Atmospheric Administration. The company said Monday the fourth VIIRS instrument has proceeded to environmental testing after undergoing thermal vacuum tests in late 2023 and ahead of its integration into the JPSS environmental satellite system this year.

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Aaron Jacob, head of accounting solutions at TaxBit, said new crypto asset accounting guidance from the Federal Accounting Standards Board is expected to encourage the adoption of digital assets as it provides more clarity on accounting, reporting and disclosure of such assets. Measuring and reporting digital assets at fair value can bring various benefits, such as greater transparency and insights to inform decision-making, provided that the calculations are made correctly, Jacob said in an opinion article published on Accounting Today.

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Varda Space Industries has raised $90 million in a series B funding led by Caffeinated Capital and will use the capital to build its infrastructure that supports pharmaceutical manufacturing in space. The company said Friday the investment follows the launch and reentry of its W-1 hypersonic reentry capsule to demonstrate the production of pharmaceuticals and other materials in microgravity.

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