Helsing, a Munich-based defense company focused on creating artificial intelligence-based military solutions and components, has secured over $490 million from a Series C financing round it initiated to raise funds for product research and development. U.S.-based venture capital firm General Catalyst led the funding round, with Elad Gil, Accel, Saab, Lightspeed, Plural and Greenoaks as...
Tag: research and development
Lockheed Martin Australia Realigns R&D Lab’s Focus to Advanced Systems and Technologies
Lockheed Martin’s research operations center in Australia is now known as Advanced Systems and Technologies. The company said the transition from the old name — STELaRLab, short for Science, Technology, Engineering Leadership and Research Laboratory — will enable the facility to better meet the Australian Defence Force’s mission objective and capability development requirements. AST advances research and...
US, Saudi Arabia Sign Deal to Deepen Partnership in Space Exploration
The United States and Saudi Arabia have agreed to deepen their collaboration in space exploration and civil aeronautics, with the two sides finalizing a framework agreement to facilitate and strengthen a mutually beneficial partnership, NASA announced Tuesday. The bilateral pact underscores the significance of the Artemis Accords, which supports the transparent, safe and responsible exploration...
Motorola Solutions to Boost Its LMR Business With New Ireland R&D Facility
Motorola Solutions is looking to fortify its comprehensive land mobile radio capabilities with a new facility in Ireland. On Monday, the telecommunications equipment company announced plans to open a new research and development center in Cork specializing in software development for the LMR portfolio. The new facility follows the company’s allotment of more than $12...
Thales Set for Fivefold Increase in Rocket Ammo Production in Europe; Herve Dammann Quoted
Thales has inaugurated a new assembly line at its ordnance facility in Belgium that is expected to expand its 70 mm laser-guided rocket output fivefold to 5,000 units by 2025. The factory in the Walloon Region is the sole manufacturer of the 7 mm ordnance in Europe. The ammunition is the NATO standard rocket currently...
GE Aerospace Unveils Istanbul Tech Center to Support Global, Regional Customers
GE Aerospace has unveiled a Turkey Technology Center in İstanbul to support its global and regional customers. The company said the new campus in Kartal district will house 400 skilled technicians, enhancing its engineering, innovation, research and manufacturing capabilities in Turkey and helping advance the West Asian country’s defense programs. GE Aerospace established a TTC...
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...
Oracle to Hire Local Talent for Expanded R&D Capabilities in Morocco; Safra Catz Quoted
Oracle has signed an agreement with Morocco to expand its research and development capabilities in the North African country. Oracle CEO Safra Catz and Ghita Mezzour, the minister of digital transition and administration reform in Morocco, finalized the partnership on Thursday. In a statement, Catz said the collaboration will allow Oracle to tap a deep...
UAE Advanced Tech Company Expands Latin American Footprint, Inks New Military Partnership With Brazil
The United Arab Emirates’ EDGE Group and the Brazilian Air Force’s Department of Aerospace Science and Technology have signed an agreement for joint defense technology projects in smart weapons, unmanned platforms and other areas. EDGE, a state-owned advanced technology company based in Abu Dhabi, announced in April that it will open its first international office in...
UK Government Launches Engineering Biology for Defense Competition
The United Kingdom’s Defence and Security Accelerator, on behalf of the Ministry of Defence and the U.S. Department of Defense, is seeking engineering biology technologies that can address defense and security-related challenges. On Tuesday, the organization launched Themed Competition: Engineering Biology for Defence and Security Phase 2. It is now accepting proposals for innovations that apply engineering biology...