Houston, Texas-based Axiom Space has established a joint venture with South Korean company Boryung to explore opportunities in low-Earth orbit commercial space ventures. The new company, named Brax Space Corp., will be based in Korea, where Boryung operates from Seoul. It will focus on potential businesses from Axiom Space, a planned LEO commercial space station,...
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Category: Investment Security
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Nokia Launches Federal Solutions Subsidiary for US Government Customers
Finnish network technology company Nokia has announced the launch of Nokia Federal Solutions, a new subsidiary to cater exclusively to U.S. federal government customers‘ requirements, such as Internet Protocol routing, optical networking, 5G and tactical private wireless. The new subsidiary will be headed by General Manager Mike Loomis, who will lead a team of professionals...
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L3Harris, GA-ASI Partner to Equip Canada’s SkyGuardian Drones With EO/IR Sensors for ISR Missions
Canada’s upcoming fleet of drones will be equipped with electro-optical/infrared imaging capabilities to enable intelligence, surveillance and reconnaissance operations. L3Harris Technologies will begin delivery of its WESCAM MX-20D EO/IR to General Atomics Aeronautical Systems Inc. for Canada’s new MQ-9B SkyGuardian remotely piloted aircraft systems. “We’re proud to equip the MQ-9B SkyGuardian with a cost-effective and fully...
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Lockheed Moves Closer to In-Country Manufacturing for Polish PAC-3 Missile Project
Lockheed Martin has moved closer to its goal of in-country manufacturing in Poland for the Patriot Advanced Capability-3 missile system, with several milestones under the Polish PAC-3 Missile Segment Enhancement program completed in 2023, a company executive said. Anna Ortylewski, Lockheed’s Polish PAC-3 MSE program head, added that the year’s program gains also support PAC-3’s...
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UAE To Deliver, Operate Airlock Module for NASA’s Gateway Space Station
NASA will work with the United Arab Emirates’ Mohammed Bin Rashid Space Centre to develop an airlock module for the Gateway Space Station. The aerospace company will build, deploy and operate the Crew and Science Airlock module for the space station that will be launched to orbit the moon, according to an agreement announced on...
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Redcom Taps Australia’s MicroSecure to Bring Tactical Command and Control Solutions to Pacific Region
New York-based Redcom Laboratories has partnered with Australian company MicroSecure to extend the market reach of its tactical command and control solutions to government and military customers in the Pacific region, including the Australian Defense Force. The partnership grants Melbourne-based MicroSecure, a cyber and security consulting firm catering to the government, defense and intelligence sectors,...
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Airbus To Acquire Atos’ Cybersecurity Division for $1.97B
French IT company Atos has confirmed that it is in discussion with Airbus over the potential sale of its data and cybersecurity business BDS for $1.97 billion, including debt. According to a Wall Street Journal report, Atos said it is in preliminary negotiations with the French aircraft maker. Airbus also confirmed that it had submitted a...
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Accenture Expands Cybersecurity Capabilities With 6point6 Acquisition
Accenture further expanded its footprint in cybersecurity following the completed acquisition of the U.K. technology consultancy 6point6, which specializes in cyber, cloud and data solutions. The newly acquired company, which operates from London and Manchester, brings in about 400 technologists to service clients’ needs, Accenture said in announcing the finalized deal on Wednesday. It did...
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Treasury Issues New Round of Sanctions Over Houthi Attacks in Red Sea
The Department of the Treasury has imposed new sanctions against entities aiding Iran in providing financial assistance to Houthi forces in Yemen. In a press release posted on Thursday, the Treasury’s Office of Foreign Assets Control designated Nabil Ali Ahmed Al-Hadha pursuant to Executive Order 13224, which prohibits transactions with terrorists. According to OFAC, Al-Hadha serves...
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Intel Wins $3.2B Incentives for $25B Israeli Chip Factory
The Israeli government is providing a $3.2 billion incentive for Intel’s new $25 billion chip factory in Kiryat Gat, southern Israel, where the company already has a chip-making facility. According to a statement, Intel’s Israeli plant expansion is an important element in its effort to promote “a more resilient global supply chain,” which also includes manufacturing investments...