2025-05-23
PiLogic Secures $4M to Advance “Exact AI” for Aerospace and Defense
PiLogic Inc., a fast-rising innovator in the artificial intelligence space, has raised a $4 million seed round to scale its “exact AI” technology—mathematically grounded, expert-guided models purpose-built for high-stakes environments like aerospace, defense, and space technology. The round was led by Scout Ventures and Seraphim Space, with additional participation from Sovereign’s Capital, Flex Capital, FN […]
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2025-06-17
OpenAI awarded $200 million US defense contract for the use of its AI models
OpenAI has just launched an initiative called OpenAI For Government starting with a modest new contract. The company was awarded $200 million by the US Department of Defense (DoD) to develop "pro [...]
2025-04-30
Heart Aerospace’s US move shows Europe is ‘driving innovation away’
Swedish electric plane startup Heart Aerospace is relocating its headquarters from Gothenburg to Los Angeles in a move it says will “bolster product development.” The company will lay off all of [...]
2025-06-17
OpenAI’s Defense Department deal targets healthcare, data analysis, and cyber defense
OpenAI has signed its first official contract with the US Department of Defense, agreeing to provide and develop AI technologies for $200 million. The one-year deal, focused mainly on the Washington, [...]
2025-06-25
Isar Aerospace raises €150mn to strengthen Europe’s launch capabilities
Europe’s best-funded space tech firm, Isar Aerospace, plans to strengthen the continent’s access to orbital satellites after raising €150mn to expand its launch service. Daniel Metzler, Isar’s [...]
2025-02-11
Microsoft wants to hand off much of its Army HoloLens program to Palmer Luckey’s Anduril
Microsoft’s six-year-old program to make HoloLens headsets for the US Army could be getting some extra help. If the Department of Defense approves the deal, the company will expand its existing part [...]
2025-06-02
LuminX Secures $5.5M to Make Warehousing Intelligent with Vision Language Models on the Edge
LuminX, a San Francisco-based AI company redefining warehouse operations, has announced a $5.5 million seed funding round to advance its mission of embedding Vision Language Models (VLMs) directly int [...]
2025-03-05
Aerospace company Firefly released fantastic POV footage of Blue Ghost landing on the Moon
We already knew that the aerospace company Firefly successfully maneuvered its Blue Ghost lander onto the surface of the Moon, but now we have some gorgeous video proof. The lander captured footage th [...]
2025-06-12
Iterate.ai Secures $6.4M to Bring Secure, Scalable AI to the Edge of the Enterprise
In a strategic push to cement its leadership in enterprise-ready artificial intelligence, Iterate.ai has raised $6.4 million in funding. The round is led by Auxier Asset Management and includes promi [...]