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Saildrone Closes $60M Financing to Bring Maritime Autonomy to Europe

COPENHAGEN, Denmark--(BUSINESS WIRE)--The new funding, led by EIFO, enables access to Saildrone’s unique maritime intelligence technology for critical European security and defense needs....
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Regions Bank Announces Winner of Company’s Highest Honor for Community Involvement

SHREVEPORT, La.--(BUSINESS WIRE)--Regions Bank on Monday announced Digital Experience Researcher Kay Goke from the company’s technology division has been honored with the 2025 Lee Ann Petty Heart of Service Award. This is the highest honor awarded among Regions’ 20,000-member workforce, and it recognizes not only great professional dedication but also community involvement that goes well above and beyond. Regions Chairman, President and CEO John Turner presented the award to Goke at the bank’s...
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NUBURU Files $100M SEC Registration Statement to Enhance Capital Flexibility for Completion of Defense Acquisition and Blue Laser Technology Revitalization Targeting a $500B Defense Market

CENTENNIAL, Colo.--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a leader in high-power blue laser technology, announced today that it has filed with the Securities and Exchange Commission a Form S-3 Registration statement for $100 million. This strategic move is designed to provide the company with the necessary capital to facilitate the ongoing acquisition plan and successfully relaunch its Blue Laser technology business unit. As reaffirmed in the latest communications, NUBURU aims at...
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Redwire Corporation Reports First Quarter 2025 Financial Results

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW, “Redwire” or the “Company”), a leader in space infrastructure for the next generation space economy, today announced results for its first quarter ended March 31, 2025. Redwire will live stream a presentation with slides on May 12, 2025 at 9:00 a.m. ET. Please use the link below to follow along with the live stream: https://event.choruscall.com/mediaframe/webcast.html?webcastid=4F31SXFe “Bookings increased significantly compar...
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Dan + Shay to Headline Navy Federal’s MAM JAM Concert Series, Honoring Military Community and Celebrating Service Through Music

VIENNA, Va.--(BUSINESS WIRE)--In celebration of Military Appreciation Month, Navy Federal Credit Union invites you to its first-ever MAM JAM Concert Series—an event honoring the military community and celebrating service through music. Grammy-winning duo Dan + Shay are bringing their signature sound to Cedar Park, TX (near Fort Cavazos) and Wilmington, NC (near Camp Lejeune). WHAT: MAM JAM 2025 WHEN & WHERE: Saturday, May 17 in Cedar Park, TX Location: H-E-B Center (2100 Ave of the Stars, C...
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Fairbanks Morse Defense Names Steve Pykett as Chief Executive Officer

BELOIT, Wis.--(BUSINESS WIRE)--Fairbanks Morse Defense, a leading OEM and aftermarket provider to a large installed base of mission-critical marine technologies, today announced the appointment of Steve Pykett as Chief Executive Officer. Steve brings more than 25 years of experience in the aerospace and defense industry. Most recently, he served as President of Investment Castings at Precision Castparts Corp. (PCC), where he drove significant growth across a global operation spanning more than...
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Rocket Lab Partners With U.S. Air Force for Neutron Launch for Re-Entry Mission

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it will launch its new medium-lift reusable rocket Neutron for the U.S. Air Force Research Laboratory (AFRL) for a Rocket Cargo mission that supports point-to-point cargo transportation, establishing a new era of commercial launch capability to advance global defense logistics for the nation. The mission is scheduled for...
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Eaton Announces $18.5M Expansion of Orchard Park, New York Aerospace Manufacturing Facility

BUFFALO, N.Y.--(BUSINESS WIRE)--Intelligent power management company Eaton today announced the expansion of its Orchard Park, N.Y., facility to support growing demand for the aerospace mission systems solutions manufactured at the site. The $18.5 million investment will significantly increase production capacity to serve growing demand by military defense, commercial aerospace and space customers and add 77 skilled manufacturing jobs to the community. “The expansion in Orchard Park will allow u...
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IEE Exhibiting Lineup of Avionics Display Products at Quad-A Summit 2025

SYLMAR, Calif.--(BUSINESS WIRE)--Industrial Electronic Engineers, IEE, a manufacturer of military avionics displays, is exhibiting at the Army Aviation Mission Solutions Summit (Quad-A) in Nashville, TN, May 14th-16th. Avionics Display replacements such as IEE’s 3ATI and 5ATI displays are available with legacy form and fit, while aligning with MOSA to support modularity and the use of open standards for communication and video. This modular approach allows for added function to the display as n...
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Cyberlux and OKSI Advance UAS Capabilities for GPS- and RF-Denied Environments

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Cyberlux Corporation (OTC: CYBL), a leading provider of advanced defense technologies, is pleased to announce a strategic partnership with OKSI (Optical Knowledge Systems, Inc.) to enhance unmanned aerial system (UAS) operations in GPS- and radio frequency (RF)-denied environments. This collaboration integrates OKSI’s cutting-edge OMNISCIENCE™ autonomy suite into Cyberlux’s latest UAS platforms, delivering robust navigation and target acquisition c...