Hadrian, a Seattle-based startup focused on advanced digital manufacturing, announced a $260 million Series B financing round to expand its network of AI-powered factories across the United States. The funding round, led by Khosla Ventures and joined by existing backers…

Blueflite, a U.S. developer of heavy-lift unmanned aerial systems (UAS), and Airspace Link, a provider of UAS flight-planning software and mapping services, have announced a strategic collaboration to deliver advanced drone logistics solutions. The alliance brings together Blueflite’s tri-rotor heavy-lift…

Gulf Air, Bahrain’s national carrier, has signed a Memorandum of Understanding with Boeing to acquire up to 18 787 Dreamliners—comprising 10 firm orders and eight purchase rights. The deal, announced in late June, marks a significant step in the airline’s…

Butler National, a leading provider of heavy equipment solutions for the construction, mining and energy sectors, has formalized its corporate governance structure by adopting a comprehensive set of governance guidelines. The step underscores the company’s commitment to accountability, transparency and…

Michael Baker International has appointed Shara Castillo RA, AIA to the newly created role of Vice President and Integrated Design and Advisory Architecture Design Principal. The promotion reflects the firm’s ongoing strategy to deepen its leadership bench and integrate multidisciplinary…

Kilsar, a Virginia Beach-based dual-use AI software company, has successfully raised $3.7 million in a seed funding round aimed at revolutionizing maintenance training and knowledge capture. This funding round, led by Lightbank and Cotulla Capital, with participation from Techstars and…

BQP, a pioneering company in the realm of quantum technology, has successfully raised $5 million in an oversubscribed seed funding round. This financial boost comes on the heels of a significant pilot agreement with the Air Force Research Laboratory (AFRL)…

As the drone industry continues to evolve, recent initiatives in the United States are set to significantly enhance the production capabilities of commercial drones. With a focus on streamlining procurement processes and increasing the utilization of American-made drones, these developments…

In a significant development within the engineering and technology sectors, Synopsys, Inc. has officially completed its acquisition of Ansys, Inc. This strategic move, first announced in January 2024, combines two industry leaders in silicon design, intellectual property (IP), and simulation…