The Spanish government will invest $22.5 million in Quantix Edge Security, a public-private joint venture aimed at establishing a cybersecurity and microelectronics center in the autonomous Murcia region in southeastern Spain. Madrid’s contribution represents approximately half of the $46 million allocated to the joint venture.. The Spanish Ministry for Digital Transformation and Public Administration will...
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Category: Investment Security
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Satellogic, Malaysia’s Uzma Berhad to Lead Earth Observation Satellite Development
Satellogic and Uzma Berhad will be leading the development of the Malaysian High-Resolution Earth Observation Satellite Project. As Uzma’s technology partner, Satellogic will be collaborating with Malaysia’s workforce in designing, developing, assembling and integrating a high-resolution satellite. Based on Satellogic’s platform, the spacecraft will be fitted with technologies that would enable it to deliver 50-centimeter...
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Anduril Partners With Rheinmetall for European Autonomous Drone Capability
Anduril Industries has entered into a strategic partnership with Rheinmetall to produce software-defined autonomous air systems and advanced propulsion capabilities for Europe. “Together with Rheinmetall, we’re building systems that can be produced quickly, deployed widely, and adapted as NATO missions evolve,” Anduril Industries CEO Brian Schimpf said. The partnership calls for the two companies to...
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Thales Partners With EDGE Group to Produce, Maintain Advanced Electro-Optic Tech
French aerospace company Thales is collaborating with the United Arab Emirates’ EDGE Group to support the local production and maintenance of advanced electro-optic systems. The latest partnership expands their shared commitment to developing the UAE’s sovereign defense capabilities and localizing key technologies. Under a recently signed memorandum of understanding, Thales and EDGE’s Electro-Optic Centre of...
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D-Fend Solutions Appoints New Members to Top Leadership
Technology company D-Fend Solutions, has named Uri Nisani and Pini Gvili as new members of the leadership team as it looks to expand operations and strengthen product development. “As global demand for advanced counter-drone solutions accelerates and as D-Fend continues to lead and expand its market presence, scaling our innovation and operations has become more...
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Hanwha Bid for Greater Austal Shares Under FIRB, CFIUS Review
South Korean conglomerate Hanwha Group’s bid to acquire a significant stake in shipbuilder Austal is currently being reviewed by Australia’s Foreign Investment Review Board, ChosunBiz reported. Under its acquisition plan, Hanwha seeks to purchase 19.9 percent of Austal shares. The potential transaction builds on the 9.91 percent equity the Korean company secured through an over-the-counter...
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Edge Autonomy to Boost UAV Production in Latvia
Edge Autonomy said it will nearly double its manufacturing capacity for uncrewed aircraft systems in Latvia with the expansion of its facility in the capital, Riga. In addition to UAS, the facility is also equipped to manufacture advanced optics for intelligence, surveillance, and reconnaissance. Learn more about advancing aerial military technologies and capabilities from the...
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Leonardo Names New VP of Helicopter Unit’s Market Development
Leonardo Helicopters has named Adam Wardrope as vice president of market development. The executive announced the appointment via LinkedIn on Saturday. Wardrope most recently served as Leonardo’s head of strategic engagement and campaigns, working from London, England, to manage the company’s relations with key defense stakeholders, government agencies and other related entities in the United...
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Former MI5 Chief Joins Vertical Aerospace Board
Vertical Aerospace has appointed Andrew Parker as the latest member of its board of directors, effective June 2. Parker brings years of national security and intelligence expertise to his new role, strengthening the British aerospace and technology company’s presence in the defense and national security segments. Parker was director general of MI5 from 2013 to...
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Thyssenkrupp Marine Systems, Saab Australia to Collaborate on MEKO-200 Frigate Platform
Germany-based thyssenkrupp Marine Systems has signed a deal with Saab Australia to explore opportunities for collaboration on the MEKO A-200 frigate platform, continuing thyssenkrupp’s commitment to support partner nations in developing, maintaining and upgrading naval vessels. Under a memorandum of understanding signed recently at the German consulate in Sydney, New South Wales, the two companies...