BloombergYazhou Sun

Cambridge Aerospace in talks for ~$300M raise at ~$3.5B valuation

UK defense technology startup Cambridge Aerospace is reportedly in discussions to raise around $300 million, valuing the company at roughly $3.5 billion. The firm develops interceptor systems designed to protect against drones and cruise missiles, positioning it in the fast-scaling counter-UAS/air-defense market.

2026-06-10T02:56:48.755602-07:00
Aviation WeekBen Goldstein

ERC System Launches Victor Cargo Drone For Military Logistics

By Aviation Week: German advanced air mobility startup ERC System has unveiled a new heavy-lift cargo drone aimed at military resupply and critical logistics missions.

Also: eVTOL Insights and tech.eu
2026-06-09T15:14:45.086643-07:00
Runway GirlMary Kirby

Middle East conflict is wild card for aerospace supply chain: report

By Runway Girl: Global aerospace supply chains "still face major challenges," as ongoing disruptions impact production and rate ramp-ups. The Middle East conflict remains a wild card, a joint report from Roland Berger, and the aerospace associations of France, Germany and the UK reveals.

2026-06-09T11:11:34.738944-07:00
Defense DailyCal Biesecker

NRO Awards BlackSky Multi-Million Dollar Modification To Accelerate Development Of AROS Satellite

By Defense Daily: BlackSky Technology [BKSY] on Tuesday said the National Reconnaissance Office (NRO) awarded the company a contract modification to speed development of its AROS multi-spectral, broad area Earth observation satellites that will be a commercial alternative to current foundation imagery suppliers.

2026-06-09T05:42:23.550754-07:00