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Latest Federal & Government Contracting Companies' News Coverage

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Latest Federal & Government Contracting Companies' News Coverage

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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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The defense agencies of the U.S. and U.K. have named 10 start-ups from both countries and other allies who will work to deliver technologies in support of militaries' space domain missions. The U.K. government said Tuesday that innovators were selected through the International Space Pitch Day and were provided with up to $66K contracts to streamline the development of their proposals.

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