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A deep dive on Hermeus
More here.
How to expand manufacturing in America
More here.
Space
NGA goes big on commercial satellite data with $290 million âLunoâ program' (SpaceNews)
Central Texas aerospace company expands to prepare for new space age (Kxan)
LeoLabs lands $29M Series B extension to help the US keep track of space junk and adversarial satellite launches (TechCrunch)
Advanced Computing
Biden admin providing $1.5 billion to GlobalFoundries to make computer chips in New York and Vermont (AP News)
Bioptimus raises $35 million seed round to develop AI foundational model focused on biology (TechCrunch)
New chip opens door to AI computing at light speed (Physorg)
Aerospace
Singapore air show kicks off with orders for China's COMAC, Boeing (Reuters)
Kairos Aerospace Raises $52M in Series D Funding (Finsmes)
Defense
Pivotal delivered the first 4 of 8 BlackFly eVTOLs to the Air Force for evaluation trials (YahooFinance)
Pentagon to Industry: Build Drones Cheaper, Faster; Cost Per Unit Matters (USNI News)
Elbit Systems unveiled a new tactical drone that can fly for 24 hours (DefensePost)
ST Engineering unveils a wing-in-ground effect vehicle, citing Marine Corp interest as a highspeed infantry fighting vehicle (BreakingDefense)
Energy
Europeâs deepest mine to become giant gravity battery (Independent)
AtmosZero, a startup looking to decarbonize steam, raised a $21M Series A (Businesswire)