Contracts

Laser Photonics Secures Order From L3Harris Technologies for LaserTower Marking & Engraving System

Retrieved on: 
Tuesday, April 9, 2024

Laser Photonics Corporation (LPC) (NASDAQ: LASE ), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, announced that it received an order for its LaserTower COMPACT marking and engraving system from L3Harris Technologies, Inc.

Key Points: 
  • Laser Photonics Corporation (LPC) (NASDAQ: LASE ), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, announced that it received an order for its LaserTower COMPACT marking and engraving system from L3Harris Technologies, Inc.
    “Laser Photonics is proud to supply laser marking equipment to L3Harris, one of the largest long-time defense contractors in the United States,” said Wayne Tupuola, CEO of Laser Photonics.
  • The LaserTower COMPACT is an industrial-grade laser marking, engraving and etching system that can operate as a stand-alone unit or get integrated into an I/O production line.
  • It’s the ideal solution for precise, legible, permanent direct part marking, including UDI/UID barcodes, logos and other service marks for a wide range of materials.
  • For more information about the LaserTower line of laser marking and engraving systems, please visit https://www.laserphotonics.com or contact our sales department at [email protected] .

Procurement Sciences AI Raises $10M in Series A Funding to Revolutionize the Government Contracting Business-Development Process

Retrieved on: 
Tuesday, April 9, 2024

Procurement Sciences AI (“PSci.AI”), the next-generation bidding-intelligence platform for government contractors, today announced that it has raised $10M in Series A funding.

Key Points: 
  • Procurement Sciences AI (“PSci.AI”), the next-generation bidding-intelligence platform for government contractors, today announced that it has raised $10M in Series A funding.
  • Brandon Gleklen from Battery Ventures and Jared Young from Tower Research will join the Procurement Sciences board of directors.
  • "We launched Procurement Sciences with the mission of addressing the industry's biggest pain points by adopting a generative AI-first approach," stated Christian Ferreira, founder and CEO of Procurement Sciences AI.
  • We are honored to partner with Procurement Sciences to support that mission.”
    For more information about Procurement Sciences or to request a product demo, please visit: https://ProcurementSciences.com/ or https://Awarded.AI/

TrustPoint Announces AFWERX Phase II Contract Award

Retrieved on: 
Tuesday, April 9, 2024

TrustPoint announces it has been selected by AFWERX for a STTR Phase II in the amount of $1.6M focused on advanced resilient navigation applications to address the most pressing challenges in the Department of the Air Force (DAF).

Key Points: 
  • TrustPoint announces it has been selected by AFWERX for a STTR Phase II in the amount of $1.6M focused on advanced resilient navigation applications to address the most pressing challenges in the Department of the Air Force (DAF).
  • The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution.
  • "This program marks the next phase of investment by the U.S. Government into TrustPoint's suite of advanced PNT applications, which go well beyond the historic purpose of simply deriving a position from GPS signals," said TrustPoint CEO and Founder, Patrick Shannon.
  • "We are excited by the DoD's support and shared vision for the future of commercial space-based PNT."

Tyto Athene, an Arlington Capital Partners Portfolio Company, Bolsters Space System Capabilities Through the Acquisition of Microtel, LLC

Retrieved on: 
Monday, April 8, 2024

Tyto Athene, LLC (“Tyto”), a federal systems integrator of mission-focused digital transformation solutions, has completed its acquisition of Microtel LLC (“Microtel” or the “Company”), a software development and systems engineering firm deeply embedded in long-term, space missions for NASA and international space programs.

Key Points: 
  • Tyto Athene, LLC (“Tyto”), a federal systems integrator of mission-focused digital transformation solutions, has completed its acquisition of Microtel LLC (“Microtel” or the “Company”), a software development and systems engineering firm deeply embedded in long-term, space missions for NASA and international space programs.
  • Tyto is a portfolio company of Arlington Capital Partners (“Arlington”), a Washington, D.C.-area private investment firm specializing in government regulated industries.
  • Tyto is an innovator in Space Domain Awareness and Combat Power with expertise in Space Threat Intelligence Analysis and Modeling and Simulation.
  • This acquisition underscores Tyto’s commitment to delivering exceptional solutions and expanding its presence in critical markets, including its relationship with NASA.

U.S. Space Force Awards Rocket Lab Launch Contract for Space Test Program (STP)-S30

Retrieved on: 
Monday, April 8, 2024

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”) today announced it has been awarded a $14.49 million task order by the U.S. Space Force (USSF) to launch an Electron mission from Launch Complex 2.

Key Points: 
  • Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”) today announced it has been awarded a $14.49 million task order by the U.S. Space Force (USSF) to launch an Electron mission from Launch Complex 2.
  • The mission, called Space Test Program-30 (STP-S30) falls under the Space Systems Command (SSC) Assured Access to Space organization and is part of Orbital Services Program-4 (OSP-4).
  • View the full release here: https://www.businesswire.com/news/home/20240408470615/en/
    Electron at Launch Complex 2 at the Mid-Atlantic Regional Spaceport within NASA Wallops Flight Facility in Virginia.
  • "Flexible, responsive, and reliable launch is critical to ensuring resilient space capabilities for the nation and we’re proud to deliver it to the Space Force once again with Electron,” said Rocket Lab founder and CEO Peter Beck.

Sierra Space Ghost Enters Flight Test Enabling Global Payload Delivery in 90 Minutes

Retrieved on: 
Monday, April 8, 2024

(Photo: Sierra Space)

Key Points: 
  • (Photo: Sierra Space)
    This new technology propels Sierra Space into a new era of national security space and space logistics, promising to redefine the way critical defense supplies are delivered across the globe.
  • The Sierra Space Ghost Beta decelerator, part of the company’s recently announced Sierra Space Axelerator™ incubator , is a cutting-edge thermal protection system tailored for the safe return of small payloads from space.
  • Last month, the first drop test of the Sierra Space Ghost was completed in Florida, enabling Sierra Space test engineers to fully understand the flight characteristics of the system and how recovery operations can be rapidly completed on the ground.
  • “We envision having an inventory of Sierra Space Ghost vehicles strategically positioned and readily accessible and deployable within 90 minutes to critical locations anywhere on Earth.

Pacific Defense Completes Hardware Integration Milestone for USSF MOSA Space Sensor Payload Development Program

Retrieved on: 
Monday, April 8, 2024

Pacific Defense, a leading provider of Modular Open Systems Approach (MOSA) products and solutions, recently announced it has completed a key program milestone on the US Space Force (USSF) Moonraker MOSA space payload contract with successful checkout and integration of the Moonraker payload.

Key Points: 
  • Pacific Defense, a leading provider of Modular Open Systems Approach (MOSA) products and solutions, recently announced it has completed a key program milestone on the US Space Force (USSF) Moonraker MOSA space payload contract with successful checkout and integration of the Moonraker payload.
  • All system components are designed to meet requirements for space flight, with the SDR provided by Tomorrow.io and the Chassis and GPU PICs provided by Neutralino Space Ventures.
  • “Moonraker represents a fresh approach to space payload design, enabling rapid integration and deployment of critical space mission capability in a fraction of the time and cost of traditional proprietary approaches,” said Bryan Terlecky, Vice President of Space Systems at Pacific Defense.
  • “Completion of hardware integration in days rather than weeks is unheard-of in traditional space programs and clears the way for the Pacific Defense team to begin software integration and move forward toward space flight demonstrations.”
    Following this milestone, the payload enters a software integration phase, followed by functional testing in Q2 2024 and a key USSF customer demonstration in Q3 2024.

Battelle Delivers Up-Armored Ford Expeditions to U.S. Department of State

Retrieved on: 
Monday, April 8, 2024

Battelle has delivered four upgraded Ford Expeditions to the United States Department of State (DoS) for testing, evaluation, and certification.

Key Points: 
  • Battelle has delivered four upgraded Ford Expeditions to the United States Department of State (DoS) for testing, evaluation, and certification.
  • Battelle upgraded the Expeditions with armor and technology to meet specific protection mission requirements while leaving the original showroom appearance.
  • Battelle is also producing 229 up-armored Toyota Land Cruiser 200s for DoS that will be delivered within the next 15 months.
  • “We are really proud of these vehicles,” said Battelle Ground Systems Senior Program Manager Jim LaBine.

The Czechoslovak Group Highlights the Benefits of Its Planned Acquisition of Vista Outdoor’s Sporting Products Business, The Kinetic Group

Retrieved on: 
Monday, April 8, 2024

CSG also highlighted the benefits of its planned Acquisition:

Key Points: 
  • CSG also highlighted the benefits of its planned Acquisition:
    “CSG is a leading industrial technology company operating across strategic business segments including defense, aerospace, ammunition and mobility.
  • We look forward to successfully closing the Acquisition of The Kinetic Group and becoming the steward of such venerable American brands as Federal, CCI and Remington.
  • CSG understands the special importance to American consumers of the brands that are part of The Kinetic Group.
  • Working alongside Vista Outdoor, we are actively engaged in the process and believe we will secure all required approvals.

Tata Advanced Systems Limited and Satellogic Announce TSAT-1A Satellite Launch Success

Retrieved on: 
Monday, April 8, 2024

TSAT-1A has been assembled in TASL’s Assembly, Integration and Testing (“AIT”) plant at its Vemagal facility in Karnataka.

Key Points: 
  • TSAT-1A has been assembled in TASL’s Assembly, Integration and Testing (“AIT”) plant at its Vemagal facility in Karnataka.
  • This achievement follows the collaboration signed between TASL and Satellogic in November 2023, leveraging Satellogic’s expertise to develop and integrate an advanced EO satellite in India and TASL’s capability to undertake complex system integration.
  • Sukaran Singh, Chief Executive Officer and Managing Director, TASL, said, “This milestone shows TASL’s commitment to the space sector.
  • “Congratulations to both teams on the efficient collaboration that brought TSAT-1A to life and ready for launch,” commented Emiliano Kargieman, CEO at Satellogic.