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Latest Federal & Government Contracting Companies' News Coverage
Redwood City, California-based drone manufacturer Skydio has generated $170 million from its round of Series D funding with venture capital firm Andreessen Horowitz as the lead investor. Skydio said Tuesday it will use the new capital to develop products and launch initiatives to address a growing demand for its unmanned aerial systems.
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Saronic has raised $55 million during a Caffeinated Capital-led Series A funding round and will use the investment to support autonomous surface vessel research and development and expand platform production capacity. According to the maritime autonomy company, the funding reflects its commitment to delivering autonomous surface vessels to bridge capability gaps.
MoreAnduril Industries plans a new round of financing that would value the defense technology startup at approximately $4 billion to $5 billion. The Irvine, California-based startup is likely to use the proceeds to further expand development work on drones and other military equipment.
MoreDefense technology startup Anduril has raised $200M in a recent funding round, which increased the company's value to $1.9B, Bloomberg reported Thursday.
MoreEverlaw has received authority to operate at moderate impact level under the Federal Risk and Authorization Management Program for its cloud-based litigation and ediscovery platform.
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