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Momentus Grants Inducement Awards to New Employees
SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that offers satellite buses, transportation and other in-space infrastructure services, announced today the granting of inducement awards to fourteen new employees under Momentus’ 2022 Inducement Equity Plan. In accordance with NASDAQ Listing Rule 5635(c)(4), the awards were approved by Momentus’ Compensation Committee and made as a material inducement to each employee’...
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Starcloud Raises $250 Million at $2.3 Billion Valuation to Scale AI with Orbital Data Centers
REDMOND, Wash.--(BUSINESS WIRE)--Starcloud, the company pioneering data centers in space, today announced a $250 million Series A extension funding round at a $2.3 billion post-money valuation. The round was led by Manhattan West, with participation from existing investors Benchmark, EQT, Soma, NFX, 776, and others, alongside new investors NVIDIA, Cisco Investments, Cedar Capital, Goanna Capital, Standard Capital, and others. The funding brings Starcloud's total capital raised to $450 million s...
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Sky Harbour Announces Increase to Recent Registered Direct Common Stock Placement, Updates Investor Conference Calendar, and Announces Filing of Construction Reports
WEST HARRISON, N.Y.--(BUSINESS WIRE)--Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS) (“SHG” or the “Company”), an aviation infrastructure company building the first nationwide network of Home Base Operator (“HBO”) campuses for business aircraft, announced its calendar of investor conferences for the next two months, the filing of its monthly construction reports and a $10 million increase of its recent registered direct common stock placement with an additional strategic investor. Investor...
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AeroVironment to Establish Industrial Presence in Greece Through AV Eagle
ATHENS, Greece--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global leader in all-domain defense technologies, today announced it will establish an industrial presence in Greece through AV Eagle, a joint-venture with Athens-based Eyeonix SA, following the completion of a definitive shareholders agreement and securing Foreign Direct Investment approval from the Hellenic Republic Ministry of Foreign Affairs. The joint venture builds on more than a decade of cooperation between AV...
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AEVEX Awarded $41 Million Contract to Deliver One-Way Attack Systems
SOLANA BEACH, Calif.--(BUSINESS WIRE)--AEVEX Corp. (NYSE: AVEX) announced today that it has received a $41 million award to support U.S. government customers with delivery of one-way attack systems. This latest award reflects sustained demand for AEVEX’s mission-focused unmanned capabilities and expands the company’s role across priority operations. AEVEX continues to support critical operational demands, providing assets and mission-ready assistance to U.S. forces. “Our customers rely on AEVEX...
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OSI Systems Reports Fiscal 2026 Fourth Quarter and Fiscal Year Financial Results
HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced its financial results for the three months and fiscal year ended June 30, 2026. Ajay Mehra, OSI Systems’ President and Chief Executive Officer, stated, “Fiscal 2026 was a strong year for the Company, capped by record fourth quarter non-GAAP earnings per share and record operating cash flow, despite the impact of revenue headwinds from the Middle East conflicts which shifted the...
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Tactical Resources, A U.S.-Focused Rare Earth Elements Development Company, Begins Trading On Nasdaq Under Ticker Symbol “TREO”
VANCOUVER, British Columbia--(BUSINESS WIRE)--Tactical Resources Corp (“Tactical” or the “Company”) (Nasdaq: TREO), a U.S.-focused rare earth elements development company advancing one of only a few near-term, scalable domestic rare earth supply solutions, announced that its common shares will begin trading today on the Nasdaq Stock Market under the ticker symbol “TREO”. Tactical is advancing the Peak Project, a rare earth elements project located within the active Sierra Blanca Quarry in Hudsp...
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Barnes Aerospace Acquires Jet AirWerks LLC to Expand Commercial Aeroengine Component Repair and Overhaul Capabilities
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Aerospace, a global provider of component engineering, manufacturing and repair solutions for the aerospace industry, today announced the closing of its acquisition of Jet AirWerks LLC (“Jet AirWerks”), a provider of inspection, repair, overhaul and disassembly services for commercial aeroengine components located in Arkansas City, Kansas. The acquisition expands Barnes Aerospace's component repair and overhaul (CRO) business and strengthens its ability t...
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MCP-Enabled Product Intelligence Is Here and Manufacturing Executives Are Betting on PLM to Deliver
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Propel, creator of the first product value management (PVM) platform to transform how manufacturers develop, launch, and service products, today released research confirming product lifecycle management (PLM) as the central foundation for successful model context protocol (MCP)-enabled AI in manufacturing. MCP is the open standard that enables AI systems to securely connect to, and act on, data across enterprise business systems. Commissioned by Propel Sof...
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Loft Federal Announces Opening of Secure Operations and Integration Facility
ARVADA, Colo.--(BUSINESS WIRE)--60,000-sq-ft facility expands Loft Federal’s capacity for secure payload integration, mission software development, and US government collaboration....