News

Q-CTRL announced raising $59 million in fresh capital from its expanded Series B funding round. The Sydney, Australia-based quantum technology company said Tuesday it has raised $113 million in the investment round, which will be used for quantum control research and development and product engineering. GP Bullhound led the investor group. Michael Biercuk, founder and […] More

Honeywell has unveiled a plan to spin off its advanced materials business into an independent U.S. publicly traded company. The planned spin-off will look to progress Honeywell’s strategic goals of accelerating organic growth, evolving its Accelerator operating system and broadening its portfolio, the technology company announced Tuesday. Vimal Kapur, chairman and CEO of Honeywell, said, “Given the […] More

Fearless and North Stone have formed a joint venture, called Northern Sky, focused on delivering advanced technology platforms designed to help customers in defense, intelligence, civilian government agencies and health care sectors meet their technology needs and advance critical missions. Fearless said Tuesday Northern Sky will support government agency clients across several areas, including digital […] More

Booz Allen Hamilton is set to hold ribbon-cutting ceremonies this month for its new flagship engineering facility in Lorton, Virginia, and a maritime technology facility in Bremerton, Washington. In a statement Tuesday, Judi Dotson, Booz Allen’s global defense business president and a Wash100 awardee, said “With these new facilities, Booz Allen is expanding our ability to […] More