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Category: Investment Security

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Airbus, Helsing to Develop AI Tech for Pairing Manned, Unmanned Aircraft; Mike Schoellhorn Quoted

Airbus Defence and Space will partner with Helsing to develop artificial intelligence technologies for the Wingman platform, an unmanned fighter-type aircraft being developed for Germany. The two companies, which announced the agreement at the Berlin Air Show on Wednesday, will use advanced AI capabilities to pair manned and unmanned military aircraft. Under the deal, Airbus...

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Boeing Unveils Three Polish Engineering Sites to Support European Programs

Boeing has opened new engineering sites in Poland to support its commercial and defense programs in Europe. The company’s center of engineering activities in the European country is in Rzeszow, which will provide mechanical and electrical engineering services and customer support. The Gdansk site, on the other hand, will develop advanced technologies for Boeing aircraft....

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Intel Partners With Equity Firm Apollo in Irish Chip Plant; David Zinsner Quoted

Intel and New York-based private equity firm Apollo Global Management have entered a co-investment program to fund the chipmaker’s silicon wafer manufacturing plant in Ireland. According to the companies’ statement, Apollo-managed funds and affiliates will invest $11 billion to acquire 49 percent of the Irish plant’s equity, with Intel holding the 51 percent controlling interest...

Rheinmetall to Build Ammunition Plant in Lithuania With Potential New Incentives; Ausrine Armonaite Quoted
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Rheinmetall to Build Ammunition Plant in Lithuania With Potential New Incentives; Ausrine Armonaite Quoted

Germany-based defense company Rheinmetall has signed a memorandum of understanding to build an ammunition plant in Lithuania. The Baltic country has declared the project of state importance and is receiving new incentives from the Lithuanian Ministry of the Economy and Innovation, led by Minister Ausrine Armonaite. The planned incentives include legal amendments to simplify site...

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IBM, Rapidus Extend Semiconductor Partnership to Chiplet Packaging Tech; Dario Gil Quoted

Japanese semiconductor company Rapidus and multinational technology firm IBM are expanding their partnership on developing lower-cost, high-performing 2-nanometer semiconductors to include packaging technology for the chiplets. The companies said their expanded collaboration calls for IBM to provide packaging technology to Rapidus for joint efforts on further innovation. The initial partnership agreement, announced in December 2022, calls...

Space Engine Systems Wins Spot in $1.27B Program to Develop UK’s Hypersonic Capabilities
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Space Engine Systems Wins Spot in $1.27B Program to Develop UK’s Hypersonic Capabilities

Space Engine Systems has secured a spot in a $1.27 billion program designed to develop the United Kingdom’s first hypersonic missile. Following its selection, the Edmonton-based aerospace company will be eligible to compete for contracts under Defence Equipment & Support’s Hypersonic Technologies and Capability Development Framework agreement. The framework will accelerate the development of the...

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Starlab Space Joint Venture Expands to Include Canada’s MDA Space; Mike Greenley Quoted

Ontario-based technology solutions provider MDA Space has joined Airbus, Voyager Space and Mitsubishi as partner and owner of Starlab Space, a joint venture for the development of a NASA-funded commercial space station. The partnership with MDA and its leadership in the space robotics industry will be pivotal for Starlab, Airbus said in a statement Wednesday....

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Idemia Joins European Consortium to Develop Quantum-Safe Data Protection Tech; Marc Bertin Quoted

Idemia Secure Transactions has joined a European consortium to design a technology that will protect sensitive data from potential quantum-enabled breaches. The Hyperform consortium, jointly supported by France and the European Union, will advance the region’s goal of creating a sovereign capability for post-quantum cryptography. According to Idemia Chief Technology Officer Marc Bertin, the collaborative...

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Ultra I&C Exhibits Mobile Communications Solutions for Canadian Armed Forces; Keith Blanchet Quoted

Ultra Intelligence & Communications showcased its mobile battlefield technologies during a field exercise conducted by the Canadian Armed Forces. The exercise, dubbed Hermes Forge, was intended to evaluate the Canadian military’s efforts to modernize and further secure its tactical network systems to meet evolving requirements. Ultra I&C said the event exhibited the speed, resilience and reliability...

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Jacobs to Help Develop New Nuclear Reactor Design for UK Industries

The United Kingdom has selected Jacobs to support developing a new nuclear reactor design for industrial purposes. The company signed a deal with the UK National Nuclear Laboratory to consult on a joint program with the Japan Atomic Energy Agency to produce high-temperature heat. Under the agreement, Jacobs will review the project’s initial designs and...