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DEFENSE TECHNOLOGY
Air taxi firm Joby acquires defense tech company for $500 millionElectric vertical take-off and landing aircraft (eVTOL) companies are focusing more on the military market as commercial development has ta...- Global Markets Today: Asian stocks mixed, oil extends gainsAsian markets showed cautious optimism as crude oil prices experienced slight increases, with eyes on potential agreements in the Middle Ea...
- Rapid7 cuts 12% of workforce as it invests more in AI tools; CEO says it is a ‘good company ready to be great’Rapid7, a notable player in cybersecurity, has announced a workforce reduction of around twelve percent as part of its strategic shift towa...
- AI in banking must move beyond retail to farms, MSMEs: SBI Chairman SettyIn a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI's transformative potential for the Indian banking sect...
- Boeing to divest tech ventures for stake in air-taxi startupBoeing announced an agreement Monday to divest its air taxi and two other technology ventures to Archer Aviation for a stake in the startup...
- In 1963, the US released nearly 480 million copper needles thinner than a human hair into orbit — the bizarre Cold War experiment was designed to create an artificial ring around EarthDuring the Cold War, Project West Ford executed a groundbreaking experiment by launching millions of copper needles into orbit. This initia...
- Sigma Advanced Systems raises Rs 460 crore via preferential allotmentSigma Advanced Systems secured Rs 460 crore through preferential allotment for expansion. Spark Capital led the fundraising, placing funds ...
- What is the Patriot missile system and why are supplies depleted worldwide?Global conflicts are rapidly depleting U.S. Patriot missile supplies. Ukraine urgently needs interceptors to counter Russian ballistic miss...
- What is the Patriot missile system and why are supplies depleted worldwide?The Patriot air defense system faces high demand amid global conflicts. Ukraine urgently needs interceptors to counter Russian missile stri...
- What to know as Germany investigates an explosive drone at a key cargo airportLeipzig/Halle Airport narrowly avoided disaster with a defused explosive drone. An object also collided with a freight plane, causing minor...
- Why Russia's ballistic missiles are increasingly getting through Ukrainian defensesUkraine is grappling with the difficulty of intercepting rapid Russian ballistic missiles. While the Patriot system provides a measure of d...
- A world-ending asteroid, a nuclear bomb and one risky mission: Scientists explain their emergency plan to save Earth but there is a catchScientists have outlined a new strategy that could one day help protect Earth from one of the most devastating threats imaginable. The prop...
- Australia revises processing priority for skilled and employer-sponsored visasAustralia has revised processing priorities for skilled migration visas, Fragomen said. The new framework prioritises defence, healthcare, ...
- Palantir lifts annual revenue forecast on steady demand for AI-powered data analyticsPalantir Technologies has revised its annual revenue forecast upwards once more, attributing this back to robust demand from both governmen...
- US faces new pressure to build weapons without China's rare earth magnetsIn New Hampshire, a forward-thinking company is harnessing electrolysis to extract crucial minerals from mine waste. This initiative is des...
- Eric Trump-backed defence technology company Space-Eyes to go public in $638 million SPAC dealSpace-Eyes, a leader in defense technology, has announced its merger with McKinley Acquisition Corp. In a move to enhance strategic oversig...
- Eric Trump-backed defense technology company Space-Eyes to go public in $638 million SPAC deal, sources sayDefense technology company Space-Eyes will merge with McKinley Acquisition Corp. This deal values the combined business at six hundred thir...
- Poor application of norms cause of accidents at explosives and ammunition making units: SecretarySafety lapses in India's explosives sector stem from poor enforcement of existing standards. Accidents must be eliminated, not just reduced...
- Chinese military researchers tap US AI models to train defence systemsChinese military researchers are using U.S. AI model outputs to advance defense capabilities. This technique allows them to train specializ...
- Kuwait approves 5-year defence cooperation pact with PakistanKuwait has ratified a broad defense cooperation agreement with Pakistan. This pact establishes a framework for military partnership and int...
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