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TruVideo Expands Into Aviation and Insurance Industries
WELLESLEY, Mass.--(BUSINESS WIRE)--TruVideo's video intelligence engine helps reduce Aircraft on Ground time, and improve underwriting accuracy, fraud prevention and claims efficiency....
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Cowboy Space Corporation Raises $275M Series B For Vertically-Integrated Orbital Data Centers and Rockets
SAN CARLOS, Calif.--(BUSINESS WIRE)--Cowboy Space Corporation, the orbital infrastructure company founded by Robinhood co-founder Baiju Bhatt, today announced $275M in Series B financing at a $2B valuation led by Index Ventures, with participation from new investors IVP, Blossom Capital, and SAIC, alongside existing investors Breakthrough Energy Ventures, Construct Capital, Andreessen Horowitz, NEA, Interlagos and Baiju Bhatt. The company, which operated as Aetherflux since its founding in 2024...
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Allient Inc. Elects Alex Collichio as Vice President
BUFFALO, N.Y.--(BUSINESS WIRE)--Allient Inc. (Nasdaq: ALNT) Elects Alex Collichio as Vice President...
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Voyager and Red Hat Propel Red Hat Enterprise Linux into Orbit with Space Edge Micro Datacenters
ATLANTA – RED HAT SUMMIT--(BUSINESS WIRE)--Red Hat, the world’s leading provider of open source solutions, and Voyager Technologies (NYSE: VOYG) today announced the successful deployment of Red Hat Enterprise Linux 10.1 and Red Hat Universal Base Image (UBI) to Voyager’s LEOcloud Space Edge™ IaaS Micro Datacenter aboard the International Space Station (ISS). This collaboration extends a container-optimized, enterprise Linux platform into orbit, providing a more consistent and hardened operating...
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NASA’s Jet Propulsion Laboratory Advances Deep Space Mission Operations with Red Hat OpenShift Virtualization
ATLANTA - RED HAT SUMMIT--(BUSINESS WIRE)--NASA’s Jet Propulsion Laboratory (JPL) has migrated to Red Hat OpenShift Virtualization for its mission-critical IT infrastructure....
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Bridger Aerospace Secures 160 Day Task Orders for Four of its Super Scoopers
BELGRADE, Mont.--(BUSINESS WIRE)--Bridger Aerospace Group Holdings, Inc. (“Bridger,” “Bridger Aerospace” or the “Company”) (NASDAQ: BAER, BAERW), one of the nation’s leading aerial firefighting companies, today announced that it has received two separate 160-day task orders from the US Forest Service, each for two of its CL-415EAF “Super Scooper” aircraft. The first task order started Friday, May 8, the day the order was received, with the second task order ensuring coverage into the fourth qua...
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Modern Warfare Is Outpacing Traditional Defense Systems: AIRO Introduces RQ-70 Dainn, Shaped by Years of Battlefield Experience
MCLEAN, Va.--(BUSINESS WIRE)--AIRO Group Holdings, Inc. (Nasdaq: AIRO), a next-generation aerospace and defense company, today announced the introduction of the RQ-70 Dainn, a long-range unmanned aircraft system (UAS) designed for intelligence, surveillance and reconnaissance (ISR) and target acquisition missions. The RQ-70 Dainn will be officially unveiled at Eurosatory in Paris, June 15–19, 2026, where AIRO will showcase how its integrated, AI-driven systems are addressing increasingly comple...
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Magellan Aerospace Corporation Announces Financial Results
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the first quarter of 2026. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows: Three month period ended March 31 Expressed in thousands of Canadian dollars, except per share amounts 2026 2025 Change Revenues 285,102 260,898 9.3% Gross Profit 40,613 33,732 20.4% Net Income 16,...
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Magellan Aerospace Announces Quarterly Dividend
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 (five cents) per share on the Corporation’s common shares. The Board of Directors of the Corporation continues to review its dividends on a quarterly basis for more visibility of recovery, and ensure that the dividend declared balances the return of capital to shareholders while maintaining adequate financial flexibili...
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ESAB Corporation Board Declares Increased Dividend
NORTH BETHESDA, Md.--(BUSINESS WIRE)--ESAB Q2 2026 Dividend Press Release...