In a statement, D-Wave Systems, a Canadian quantum computer firm which has the backing of Amazon’s CEO Jeff Bezos, as well as Goldman Sachs and others, said NEC Corp has invested in the company in its latest funding round. According to Dan Cohrs, D-Wave’s chief financial officer, NEC has committed to investing $10 million in…
Cyberreason’s strength lies in its core offering – Endpoint Protection Platform. On Tuesday, Antivirus startup Cybereason disclosed, it has raised $200 million in investment from Japan’s SoftBank Group Corp. Founded in 2012, so far the Boston-based company has managed to raise $400 million in funding rounds. Previously it raised capital from Spark Capital, CRV, and…
The deal is part of a much touted $110 billions arms package. As per a statement from the Pentagon, Lockheed Martin Corp is to receive the first tranche of the of an $110 billion arms package which the Trump administration had negotiated with Saudi Arabia in 2017. The first package is toward the installation a…
The southern Indian city of Hyderabad is set to be the global hub for manufacturing the wings of the F-16. On Tuesday, an executive from Lockheed Martin stated, it will build wings for its F-16 combat fighter jet with India’s Tata Advanced Systems Limited. Lockheed is bidding for $15 billion contract, to supply the Indian…
Boeing won the contract by outbidding two other contractors. As per a statement by the Pentagon, Boeing Co has been awarded a $805 million contract for the design, delivery and support of 4 unmanned aircraft carriers-based drones that will be used to refuel aircraft for the U.S. Navy. In 2017, the U.S. Navy had published…
The X-plane is a joint collaboration between Lockheed Martin and NASA. NASA’s quest to create a supersonic jet, the QueSST, that is incredibly quiet took a step closer to reality with NASA and Lockheed Martin stating wind tunnel tests for the X-plane. Although currently at this stage, it is only a scale that is being…
The simple robust design of the SideArm system ensures that it can be deployed in any arena without the armed forces having to undertake costly retrofitting measures. Even the drones that have the longest flight time have to land sometime. Rather than risk damaging multi-million dollar aircrafts on improvised battlefield landing strips or aboard the…
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