Procurement Sciences, an AI software company specializing in the government contracting lifecycle, has successfully completed a $30 million Series B funding round. The investment, led by Catalyst Investors with participation from Battery Ventures, Tower Research Ventures, Bosch Ventures, and others,…
The aerospace and defence software verification specialist LDRA, now a subsidiary of compiler-and-tool-vendor TASKING, has introduced a bundled productivity solution tailored to the evolving demands of electric vertical take-off and landing (eVTOL) programmes. The offering is designed to support development…
Wind River, a provider of software for the intelligent edge, has partnered with ServiceNow to deliver an AI-ready private cloud solution that brings the ServiceNow AI Platform into on-premises environments. The offering is aimed at organisations that require tight control…
Merlin Labs, a developer of assured autonomous flight technologies, has named Ryan Carrithers as Chief Financial Officer. In this role, Carrithers will oversee the company’s financial operations, strategy, investor relations, merger and acquisition activities, strategic partnerships, and capital markets engagement…
TriMas Corporation has entered into a definitive agreement to sell its Aerospace segment for approximately $1.45 billion in an all-cash transaction. The deal represents a significant valuation multiple based on the segment’s recent financial performance and is expected to close…
Sidus Space has completed the design phase of its FeatherEdge 248Vi edge computing module. The system is part of the company’s Orlaith AI Ecosystem and is intended for deployment in spaceborne, airborne, and autonomous defence applications. Product Capabilities and Aerospace Relevance…
Manufacturo, a manufacturing management software provider for high-complexity, high-mix production environments, has entered a strategic partnership with SolarFlexes, a manufacturer of utility-scale solar tracker systems founded by aerospace engineers. The collaboration is designed to scale domestic production of solar tracker…
Canopy Aerospace & Defense, a portfolio company backed by Trive Capital, has completed the acquisition of Tods Technology Ltd., a United Kingdom–based specialist in advanced composite structures and acoustic materials serving the maritime defence sector. Strategic Fit and Expanded Capabilities…
Bugcrowd, a crowdsourced cybersecurity leader, has acquired Mayhem Security, a firm specialising in AI‑powered offensive security testing. This acquisition is intended to combine Bugcrowd’s hacker community with Mayhem’s technology to offer continuous, automated vulnerability discovery and remediation across software development…
Aero Products Company, a long-established aerospace manufacturer specializing in build-to-print components for commercial and defence platforms, has completed the acquisition of Third Stone Inc., a firm known for advanced fabric, materials, and sewn-assembly capabilities. Third Stone will operate as a…