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Space Tech Startup Xona Raises $19M Series A for its Cutting-Edge Satellite Navigation Service

05/08/2024 | PRNewswire
Xona  - a company developing a network of small satellites to provide high-precision navigation services - announced an oversubscribed $19 million Series A funding round led by Future Ventures and Seraphim Space. New investors NGP Capital, Industrious Ventures, Murata Electronics, Space Capital, and Aloniq also joined the round.

Altair Acquires Research in Flight, Forging a New Path for Aerodynamic Analysis

05/07/2024 | Altair
Altair a global leader in computational intelligence, announced it has acquired Research in Flight, maker of FlightStream®, which provides computational fluid dynamics (CFD) software with a large footprint in the aerospace and defense sector and a growing presence in marine, energy, turbomachinery, and automotive applications.

RTX's Advanced Ground System for Space-based Missile Warning Now Operational

05/06/2024 | RTX
An advanced ground system for space-based missile warning developed by Raytheon, an RTX business, is now operational at the U.S. Space Force's Overhead Persistent Infrared Battlespace Awareness Center (OBAC).

HBM Prices to Increase by 5–10% in 2025, Accounting for Over 30% of Total DRAM Value

05/06/2024 | TrendForce
Avril Wu, TrendForce Senior Research Vice President, reports that the HBM market is poised for robust growth, driven by significant pricing premiums and increased capacity needs for AI chips.

BrainChip, Frontgrade Gaisler to Augment Space-Grade Microprocessors with AI Capabilities

05/06/2024 | BUSINESS WIRE
BrainChip Holdings Ltd, the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and Frontgrade Gaisler, a leading provider of space-grade system-on-chip solutions, announce their collaboration to explore the integration of BrainChip’s AkidaTM neuromorphic processor into Frontgrade Gaisler’s next generation fault-tolerant, radiation-hardened microprocessors.
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