Boeing has opened its latest engineering and technology center in Sao Jose dos Campos in the Brazilian state of Sao Paulo, the aerospace company announced on Tuesday. The facility is its 15th engineering site worldwide tasked with developing advanced technology for aerospace innovation. The new center expands Boeing’s footprint in Brazil, where it already employs...
Hello, Guest!
Tag: Investment
Post
Canada To Establish Regional Office of NATO Tech Accelerator Program in Halifax
Bill Blair, minister of Canada’s Department of National Defence, has announced an initial investment of about $19 million to open the North American regional office for the NATO Defence Innovation Accelerator for the North Atlantic in Halifax. The upcoming facility will open in 2024. Blair made the announcement during his keynote address at the 15th...
Post
DOD Looks Back on Decisive Year for Advancing US Defense Strategy in Indo-Pacific
The Department of Defense is wrapping up 2023 with billions of dollars in investments in capability building and stronger partnerships with international allies to maintain peace and stability across the Indo-Pacific. On Wednesday, the Pentagon published a fact sheet that enumerates steps the department has taken to advance the U.S. Indo-Pacific defense strategy and deter adversarial...
Post
Chinese Companies Pivot to R&D, Away From Copycat Strategy
Chinese companies are boosting product research and development spending to veer away from copying foreign products. According to a Nikkei Asia report, listed companies in China spent $228 billion on R&D in 2022, a figure that has more than doubled over the last five years. These firms employ a total of 3.08 million researchers and...
Post
NorthStar Secures Funding to Launch Space Situational Awareness Services
Canadian space company NorthStar Earth & Space has secured $14.7 million in funding from Telesystem Space, the Luxembourg Future Fund and the government of Quebec for its satellite constellation operations. The investment will fund the company’s mission to launch four satellites that would be part of the world’s first space-based commercial space situational awareness services,...