Defense News

HONOLULU--(BUSINESS WIRE)--Onebrief, the leading software for military staff collaboration and operational planning, today announced a $20 million Series C extension led by Battery Ventures. This funding round scales the company’s valuation to $1.1 billion, an increase from the $650M valuation achieved three months prior in Onebrief’s Series C. The announcement marks a major milestone for Onebrief. This growth comes at a time when the U.S. Department of Defense (DoD) is accelerating and priorit...

ALBUQUERQUE, N.M. & MONTREAL & STØVRING, Denmark & WASHINGTON--(BUSINESS WIRE)--AIRO Group Holdings, Inc. (“AIRO”), a company specializing in advanced aerospace and defense technologies, today announced the closing of its initial public offering of 6,900,000 shares of its common stock, including the full exercise of the underwriters’ option to purchase 900,000 additional shares, at a public offering price of $10.00 per share. All shares of common stock are being offered by AIRO. The gross proce...

ALEXANDRIA, Va.--(BUSINESS WIRE)--Armed Forces Benefit Association (AFBA), and its affiliate, 5Star Life Insurance Company (5Star Life), announced today the appointment of Xianmei Tang as Chief Actuary and Senior Vice President, Actuarial, effective June 13, 2025. “We are pleased to welcome Xianmei to the AFBA and 5Star Life team," said General Larry O. Spencer, USAF (Ret.), President of AFBA and 5Star Life. “His deep actuarial knowledge will be a great asset as we continue to make financially...

SAN JOSE, Calif.--(BUSINESS WIRE)--RFMW, a premier distributor of RF, microwave, and power components, is pleased to announce a new distribution agreement with Sonoma Scientific, a U.S.-based manufacturer specializing in high-quality ferrite isolators and circulators. Sonoma Scientific’s products complement RFMW’s portfolio of high-power GaN and LDMOS RF and microwave amplifiers and devices, enabling customers to optimize performance in new designs. This agreement enhances RFMW’s ability to del...

LEXINGTON, Ky.--(BUSINESS WIRE)--Kinetic, a leading provider of residential and small business internet services, is proud to announce that its annual employee-run golf tournament raised $10,000 for the Friends of the Lexington Fisher House, an organization known for supporting service members, veterans and their families. Driven by the shared goal of supporting the Friends of the Lexington Fisher House, the tournament saw enthusiastic participation from Kinetic employees and local golf enthusi...

CARBONDALE, Pa.--(BUSINESS WIRE)--Gentex Corporation, a global leader in personal protection and situational awareness solutions for defense forces, emergency responders and industrial personnel, has announced partnerships with new development collaborators as part of its Ops-Core RAILINK system accessory program. MOHOC, Inc., Advanced Material and Devices (AMAD), NanoAi Technologies and seven additional partners have entered royalty-free license agreements to create new accessories, further ex...

HERNDON, Va.--(BUSINESS WIRE)--BlackSky plans to expand current high-frequency monitoring constellation with AROS multispectral, large-area collection satellites in 2027....

NEW YORK & PARIS--(BUSINESS WIRE)--OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has entered into a binding agreement for the sale of ScioTeq, a global leader in ruggedized displays for the aviation and defense industries, to the aerospace and defense fund of global alternative asset manager Tikehau Capital (ISIN code: FR0013230612; Ticker: TKO.FP). ScioTeq has a 40-year heritage of designing and manufacturing advanced visualization and computing solutions...

BOSTON--(BUSINESS WIRE)--908 Devices Inc. (Nasdaq: MASS), a pioneer of purpose-built handheld devices for chemical analysis, announces that it has appointed Christopher D. Brown, PhD, Vice President, Analytics R&D at Repligen Corporation (Nasdaq: RGEN), and a 908 Devices Co-founder, to serve on its Board of Directors, effective immediately. Dr. Brown co-founded 908 Devices and served as the company’s Chief Technology Officer & Vice President of Research & Development from February 2...

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —The typical U.S. homebuyer’s down payment is $62,468, down by roughly 1% year over year, the first annual decline in nearly two years. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin’s report is based on its analysis of county records across 40 of the most populous U.S. metropolitan areas. April 2025 is the most recent month for which data is available. In percentage terms, the typical U.S....