News
Latest stories
Virtual Support Tool Developer Espressive Announces Series B Funding Round; Pat Calhoun Quoted
Espressive, a Santa Clara, Calif.-based artificial intelligence software developer, has raised $30M in a round of Series B financing led by Insight Partners and supported by Wing Venture Capital and General Catalyst. Espressive said Wednesday it will use the investment to advance growth initiatives and product innovation and address its client base’s demands.
Slingshot Aerospace Gets Air Force SBIR Contract, Venture Capital Funds for AI-Based Tech
Slingshot Aerospace has received a $1.5M Small Business Innovation Research contract from the Air Force Life Cycle Management Center and another $1.5M in funds from venture capital firms ATX Venture Partners and Revolution’s Rise of the Rest Seed Fund to accelerate the development and deployment of an artificial intelligence-based platform. Slingshot EDGE is designed to help warfighters glean insights from data using AI and provide them situational awareness capability in order to facilitate the decision-making process on the battlefield, the company said Thursday.
Raytheon Secures $1B Strategic Agreement for Aerojet Rocketdyne Propulsion Systems; Eugene Jaramillo, Eileen Drake Quoted
Raytheon Company Missile Systems has secured a five-year, $1B strategic agreement to purchase propulsion systems from Aerojet Rocketdyne for standard missile products, the company announced on Thursday.Â
Anthony Robbins, NVIDIA Federal VP, Named to 2020 Wash100 for Driving Data, AI Innovation for Federal Clients
Executive Mosaic is happy to present Anthony Robbins, vice president of Federal for NVIDIA, as an inductee into the 2020 edition of the Wash100 Award for driving data use and innovation in artificial intelligence within federal agencies and across the federal market.Â
- in News, Press Releases
Akima’s Cloud Lake Subsidiary Receives CMMI V2.0 Maturity Level 3 Appraisal; Barry Smallwood Quoted
Akima announced Thursday its Cloud Lake Technology subsidiary is one of the first companies in the U.S. to be appraised at level 3 of the CMMI Institute’s Capability Maturity Model Integration Version 2.0 (CMMI V2.0) for development and services. The benchmark appraisal was led by Integrated Quality Corp.
- in News
Auterion Eyes Delivery of Tricopter, Fixed-Wing Drones to Defense Clients in Late 2020
Auterion, a Swiss manufacturer of software for unmanned aerial systems, plans to make first shipments of its fixed-wing and trirotor drones in the fourth quarter of this year, C4ISRnet reported Wednesday.
Mitcham Industries Delivers Maritime Imagery Tool to Navy, DIU
Mitcham Industries has shipped a new maritime imaging product to the U.S. Navy for use with small unmanned undersea vehicles.
Carahsoft to Offer Rhondos PowerConnect Tech Through SEWP V Contract
Carahsoft Technology and Rhondos have partnered to market the latter’s PowerConnect for SAP & Splunk offering through NASA’s Solutions for Enterprise-Wide Procurement V contract vehicle.
- in Contract Awards, News
Allison Transmission Gets $69M Army Contract for X1100 Transmission Systems
Allison Transmission has landed a three-year, $68.5M contract to provide transmission systems built to work with heavy-tracked combat vehicles to the U.S. Army.
- in Contract Awards, News
DynCorp Gets Army Construction Support Contract Modification
DynCorp International has received a $38.6M contract modification to support construction and maintenance work at the U.S. Army’s Fort Wainwright base in Alaska.