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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Slingshot Aerospace has expanded its executive team with the appointment of Leslie Hildebrand as senior vice president of government business development and strategy and Pieter Kreuk as chief financial officer. In a statement on Wednesday, Melanie Stricklan, co-founder and CEO of Slingshot Aerospace, said the two executives will play pivotal roles in shaping the future of the […] More
Slingshot Aerospace has raised $40.9 million in a series A2 funding round and secured a venture loan from Horizon Technology Finance to support product commercialization and global expansion initiatives. Sway Ventures led the investment activity and was joined by Lockheed Martin‘s venture arm, ATX Venture Partners, C16 Ventures, Valor Equity Partners and Draper Associates, Slingshot […] More
Slingshot Aerospace has secured $25 million in a round of Series A-1 financing co-led by Draper Associates and ATX Venture Partners and will use the capital to advance the commercialization of its space collision avoidance communications and coordination platform, dubbed Slingshot Beacon. Additional investors that participated in the funding round include Edison Partners, Lockheed Martin […] More

Slingshot Aerospace has received a $1.5M Small Business Innovation Research contract from the Air Force Life Cycle Management Center and another $1.5M in funds from venture capital firms ATX Venture Partners and Revolution’s Rise of the Rest Seed Fund to accelerate the development and deployment of an artificial intelligence-based platform. Slingshot EDGE is designed to help warfighters glean insights from data using AI and provide them situational awareness capability in order to facilitate the decision-making process on the battlefield, the company said Thursday.

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