Butler National, a leading provider of heavy equipment solutions for the construction, mining and energy sectors, has formalized its corporate governance structure by adopting a comprehensive set of governance guidelines. The step underscores the company’s commitment to accountability, transparency and…
Michael Baker International has appointed Shara Castillo RA, AIA to the newly created role of Vice President and Integrated Design and Advisory Architecture Design Principal. The promotion reflects the firm’s ongoing strategy to deepen its leadership bench and integrate multidisciplinary…
Kilsar, a Virginia Beach-based dual-use AI software company, has successfully raised $3.7 million in a seed funding round aimed at revolutionizing maintenance training and knowledge capture. This funding round, led by Lightbank and Cotulla Capital, with participation from Techstars and…
BQP, a pioneering company in the realm of quantum technology, has successfully raised $5 million in an oversubscribed seed funding round. This financial boost comes on the heels of a significant pilot agreement with the Air Force Research Laboratory (AFRL)…
As the drone industry continues to evolve, recent initiatives in the United States are set to significantly enhance the production capabilities of commercial drones. With a focus on streamlining procurement processes and increasing the utilization of American-made drones, these developments…
In a significant development within the engineering and technology sectors, Synopsys, Inc. has officially completed its acquisition of Ansys, Inc. This strategic move, first announced in January 2024, combines two industry leaders in silicon design, intellectual property (IP), and simulation…
In a strategic move aimed at enhancing its growth trajectory, Building Controls & Solutions (BCS) has announced the formation of a new executive leadership team. This restructuring is designed to bolster the company’s capabilities in the rapidly evolving building automation…
Chariot Defense, a San Francisco–based startup, has officially stepped out of stealth with a mission to solve what it calls the “underappreciated” challenge of supplying dependable power to the modern battlefield. The company has raised $8 million in seed funding…
Sentry Aerospares, a global specialist in hard-to-find, high-value rotable aircraft components, has officially finalized a multi-phase leadership transition. This move marks the successful conclusion of a strategy first hinted at during its merger with Aerospares 2000 and later supported by…
PTC, a leader in digital transformation software, has unveiled a new Startup Program designed to catalyze innovation across aerospace and defense (A&D) sectors. The initiative is aimed at early-stage companies developing cutting-edge technologies—from AI and unmanned systems to secure communications…