Tuesday, December 27th, 2022
Philadelphia, PA – Exyn Technologies (https://www.exyn.com), a pioneer in multi-platform robotic autonomy for complex, GPS-denied environments, announced today a $35 million Series B round. The investment came from previous investors as well as new investors including Reliance Industries. Exyn will utilize this investment to break into the Indian market and further expand their global footprint into
Tuesday, December 27th, 2022
MELBOURNE, Fla.— L3Harris Technologies (NYSE: LHX) announced today the signing of a definitive agreement with NV5 Global Inc. (NASDAQ: NVEE) to divest its Visual Information Solutions business with an anticipated benefit up to $100 million. The transaction is expected to close mid-2023, subject to required regulatory approvals and other customary closing conditions. The divestiture is
Tuesday, December 27th, 2022
HOLLYWOOD, Fla.- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has entered into a definitive purchase agreement to acquire L3Harris Technologies, Inc.’s Visual Information Solutions commercial geospatial technology and software business (“VIS”). The acquisition expands NV5’s position as a leading provider
Tuesday, December 27th, 2022
Hexagon AB, a global leader in digital reality solutions combining sensor, software and autonomous technologies, today announced the acquisition of LocLab, a leader in 3D digital twin content creation. LocLab’s proprietary technology, enabled by a high degree of automation using proven workflows and artificial intelligence, allows the cost- and time-efficient creation of digital twins. LocLab’s
Friday, December 23rd, 2022
COLORADO SPRINGS, Colo. — Dec. 22, 2022 — Space Foundation, a nonprofit advocate organization founded in 1983 for the global space ecosystem, today announced it is the recipient of a $500,000 donation from El Pomar Foundation. This gift will allow for upgrades into Space Foundation Discovery Center’s operating infrastructure and educational programming. In 2021, El
Wednesday, December 21st, 2022
Portland, Maine, USA – Organizers of Geo Week, the premier event that champions the coming together of geospatial technologies and the built world, have announced five strategic partnerships established for the 2023 event. As part of this collaboration, ASPRS (American Society for Photogrammetry and Remote Sensing), ISPRS (International Society for Photogrammetry and Remote Sensing), MAPPS
Wednesday, December 21st, 2022
Innoviz will host InnovizOne LiDAR demonstrations for non-automotive applications at its booth #6553 at the Consumer Electronics Show (CES), January 5-8, 2023, in Las Vegas, Nevada. Innoviz will also host partner presentations at its booth, showing how they are deploying Innoviz LiDAR products across industries. TEL AVIV, Israel – Innoviz Technologies (NASDAQ: INVZ) (the “Company” or “Innoviz”), a Tier-1
Wednesday, December 21st, 2022
To Be Released in 2023, This Innovative Unmanned Aerial System Has Been Designed to Provide Next Generation, Real-Time Video Surveillance Capabilities to Military, Public Safety and Commercial Drone Operators Worldwide WICHITA, KS – AgEagle Aerial Systems Inc. (NYSE American:UAVS) (“AgEagle” or the “Company”), an industry-leading provider of full stack flight hardware, sensors and software for commercial and
Wednesday, December 21st, 2022
EGNOS V3 to support safety-critical aircraft, maritime and land applications EGNOS V3 System CDR passed on schedule on 7 Dec 2022 Airbus has successfully achieved the System Critical Design Review (CDR) on the EGNOS V3 satellite-based augmentation system. The EGNOS V3 (European Geostationary Navigation Overlay Service) is designed to add key security features for the
Wednesday, December 21st, 2022
Global private equity investor Advent International (Advent) is to acquire Maxar Technologies, a provider of comprehensive space solutions and secure, precise, geospatial intelligence, in an all-cash transaction that values Maxar at an enterprise value of approximately $6.4 billion. Under the terms of the deal, Advent has agreed to acquire all outstanding shares of Maxar common
