Operational Solutions acquires Nexus Nine to deliver cutting-edge solutions in counter-drone technology

Partnerships
Redarc Defence & Space partners with ST Engineering
Redarc Defence & Space has collaborated with ST Engineering to provide vehicle electronics solutions to the Australian Defence Force to improve operational readiness and increase the local workforce. Read More>>
Boeing collaborates with Saudi Airlines to drive sustainable aviation
Boeing’s partnership with Saudi Airlines aims to address environmental challenges and promote sustainability through fleet renewal and operational efficiency. Boeing Defense, Space & Security, Boeing Commercial Airplanes, and Boeing Global Services are all supported by the firm. Read More>>

Deals
General Dynamics bags US$ 218 Mn contract to expand artillery production
The deal with General Dynamics promotes the improvement of LAP processes and quality in Camden’s modernized facilities. The project plans to add 50,000 rounds of new LAP capacity each month by 2025. Read More>>
SpaceX Starshield contract with US military made under unique terms
The US Space Force awards SpaceX a US$ 70 Mn contract for specialized satellite communications under the Starshield program, with terms that differ from commercial contracts. The Starlink service, Starshield, provided under this agreement is SpaceX’s trademark for its military product line. Read More>>

Centre Setup and Expansion
Boeing India to open its largest facility outside the US in Bengaluru
Boeing India is investing INR 1600 Cr (US$ 192.2 Mn) in Devanahalli, Bengaluru, to build its largest factory outside the United States. Boeing plans to assist aerospace growth and job prospects in the region by increasing sourcing from India. Read More>>
Joby Aviation to expand in Marina with 200,000 square foot production facility
Joby Aviation is expanding its Marina manufacturing factory. The City of Marina is assisting with a US$ 9 Mn CalCompetes grant to construct a 200,000-square-foot complex, to increase manufacturing from 4 to 50 aircraft per year while doubling R&D and production capacity. Read More>>

Executive Movement
Banmali Agarwal appointed Chairman of Tata Advanced Systems
Banmali Agarwal is the new Chairman of Tata Advanced Systems Limited taking over from Vijay Singh, signaling Tata’s commitment to the aerospace and defense sector. TASL operates as Tata Group aerospace and defense arm of consolidating various entities to enhance defense capabilities. Read More>>

Merger and Acquisition
Operational Solutions Ltd. announces acquisition of Nexus Nine Ltd
Nexus Nine Ltd, a leader in Uncrewed Aircraft System testing and assessment services, has been purchased by Operational Solutions Ltd, boosting its capabilities in counter-drone technology and UAS assistance. Read More>>

• Blue Origin develops space exploration technologies, ensuring cost-effective access to broaden space travel’s reach and paving the way for future generations to explore and harness the potential of space. 
• By harnessing reusable rocket technology, Blue Origin’s New Shepard rocket achieves vertical landings post-payload delivery, demonstrating its commitment to cost-effective and sustainable space travel solutions. 
• The company expands advancing New Glenn an orbital-class rocket designed for larger payloads and potential deep space missions, highlighting reusability in more substantial launch operations. 
• Blue Origin created the Blue Moon lunar lander, intended to deliver cargo and eventually astronauts to the lunar surface, which helps conduct scientific research and establish a human presence on the lunar surface.

• Blue Origin develops cutting-edge spacecraft control systems to enable real-time monitoring. By prioritizing safety and efficiency, these systems enhance spaceflight operations and exemplify their commitment to advancing technology in space exploration. 
• The company utilizes data analytics to optimize flight trajectories, fuel consumption, and other operational parameters, leading to more efficient and cost-effective space missions. 
•  Blue Origin is keen on expanding advanced satellite communication systems for real-time data transfer between Earth and spacecraft to seamless communication and data exchange during missions. 
• Service Providers with rich expertise in providing Digital Space Solutions would be the deal winners.

Key Funding Alert

SpaceX targets US$ 500 Mn investment in Vietnam
SpaceX aims to invest in Vietnam and introduce its Starlink services in the country. This is expected to foster innovation, and research, and potentially lead to the establishment of telecommunication equipment production plants in Vietnam. Read More>>

Startup Spotlight

Company –  Karman+
Total Funding – USD 26 Mn
About: Karman+ is an asteroid mining mission that will launch in 2026 into near-Earth asteroids to facilitate the generation of sustainable energy and resources in space and Earth. In addition, they aim to jumpstart the space economy and space mining ecosystem. Read More>>

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