Category Archives: Business News

HENSOLDT and Quantum Systems Partner to Drive Innovation in Software-Defined Defence

HENSOLDT, a leading German provider of defence and security sensor solutions, has  announced a strategic cooperation with Munich-based defence tech startup Quantum Systems. This partnership is accompanied by an investment by HENSOLDT into Quantum Systems and sets the foundation for a deeper cooperation in Software-Defined Defence (SDD). Continue reading

Quantum Systems Raises €160M Series C Funding

Quantum Systems – a supplier of AI-powered aerial intelligence systems for defense, emergency services, and industry – has raised €160 million in new funding, led by Balderton Capital, with participation from Hensoldt, Airbus Defense and Space, Bullhound Capital, LP&E AG and existing investors, including HV Capital, Project A, Peter Thiel, DTCP, Omnes Capital, Airbus Ventures, Porsche SE and Notion. Continue reading

AFRL Awards URSA MAJOR $28.6M Contract for Responsive Space, Hypersonic, and On-Orbit Propulsion

The U.S. Air Force Research Laboratory’s Rocket Propulsion Division at Edwards AFB, Calif., has awarded URSA Major Technologies Inc., Berthoud, Colorado, a $28,565,857 firm-fixed price contract for responsive space, hypersonic, and on-orbit propulsion. This new contract will follow-on work completed to mature advanced liquid rocket engines and will culminate in a flight demonstration. Continue reading

Airbus, Shield AI Partner to Integrate Autonomy on Unmanned Aerial Logistics Connector

Airbus U.S. Space & Defense and Shield AI announced a teaming agreement to integrate Shield AI’s Hivemind autonomy software on the Airbus MQ-72C Logistics Connector, an unmanned variant of the UH-72 Lakota. The collaboration will expand the platform’s mission capabilities through autonomy-enabled operations across a wide range of logistics and operational scenarios—including those under the U.S. Marine Corps’ Aerial Logistics Connector (ALC) program. Continue reading