Multi-UAVs — Single Commander — Proxy Aviation Systems Technology Funded
Proxy Aviation Systems received $4.4 million in federal funding to advance their unmanned aerial systems and unique cooperative flight technology.
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Congrats! NASA Selects 142 Small Businesses
NASA has selected 142 proposals for negotiation of Phase 2 contract awards in the Small Business Innovation Research program, known as SBIR. The selected projects have a total value of approximately $85 million.
Read MoreArmadillo Wins $350,000 in NASA Prize
Not the armored mammal that belongs to the order Cingulata, family Dasypodidae. Rather, Armadillo Aerospace of Rockwall, Texas, which earned $350,000 in NASA prize money during the Northrop Grumman Lunar Lander Challenge in Las Cruces, New Mexico.
Read MoreIt’s Paradise For Asian Net Expansion Project
Intelek plc (AIM: ITK) designs and manufactures electronic systems and components for the satellite, wireless communications and defence sectors. The company has announced their wholly owned subsidiary, Paradise Datacom, has won a contract to supply their Evolution satellite modems for the first phase of a large mobile telephone network expansion project in Asia.
Read MoreNorsat’s R&D Designs Receive Canadian Government Funding
Norsat International Inc. (”Norsat”) (TSX: NII and OTC BB: NSATF) will use a new repayable investment from the Canadian federal government to invest in research and development (R&D) activities to accelerate its product development timeline.
Read MoreGo Back To School, With Help From NASA
NASA's Aeronautics Research Mission Directorate will accept scholarship applications from September 5, 2008, through January 16, 2009, for the academic year starting in fall 2009. NASA expects to award 20 undergraduate and five graduate scholarships to students in aeronautics or related fields.
Read MoreWildBlue’s $50 Million in Green Funding
WildBlue Communications, Inc., a provider of broadband Internet over satellite service throughout rural America, today announced it has completed a $50 million equity financing to support its continued growth. The financing was led by Liberty Media [Nasdaq: LCAPA/B, LINTA/B and LMDIA/B], Intelsat, the National Rural Telecommunications Cooperative and the private equity firm of Kleiner, Perkins, Caufield and Byers, however, terms of the financing were not disclosed.
Read MoreUAS Development Does Mean To Stare
AeroVironment, Inc. (AV) (NASDAQ: AVAV) announces the receipt of $4.6 million in funding from the Defense Advanced Research Projects Agency (DARPA) to develop a small Unmanned Aircraft System (UAS) capable of performing “hover/perch and stare” missions. The Stealthy, Persistent, Perch and Stare (SP2S) UAS is based on AV’s small Wasp UAS, a one-pound, 29-inch wingspan battery-powered air vehicle that is being procured and deployed by the U.S. Air Force and the U.S. Marine Corps.
Read MoreSpacecentric Angelic Investing
Space Angels Network is the premier source of aerospace dealflow for investors and of early-stage capital for aerospace-related ventures across a wide spectrum of technologies, markets, and industries.
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