Axios
• Lucinda Shen
Anduril is reportedly seeking a $100 billion valuation, following a January valuation of $61 billion, as the defense startup looks to expand its investor base. If achieved, the valuation would place the company closer to major defense primes in market standing.
DefenseNews.com
• David Jeans, Echo Wang
SpaceNews.com
• LatConnect 60
By SpaceNews.com: Customer engagement around LC60’s forthcoming SWIRSAT constellation has shaped a new decision-intelligence capability, now opening for defence stakeholder demonstrations and workshops.
AeroTime
• Ian Molyneaux
By AeroTime: The President of Romania, Nicușor Dan, has confirmed that a Romanian Air Force F-16 shot down a drone that entered the country's airspace.
Vertical Mag
• Brent Bundy
By Vertical Mag: World Group's SureStreamer Heli uses multiple cellular networks simultaneously to deliver live video from aircraft to command personnel on the ground.
Reuters
• David Jeans, Echo Wang
By Reuters: Defense tech firm Anduril is in discussions with investors for a new funding round that could see it valued at roughly $100 billion, rivaling companies such as Northrop Grumman and Lockheed Martin, two sources familiar with the matter told Reuters.
SpaceNews.com
• Sandra Erwin
By SpaceNews.com: WASHINGTON — The U.S. Air Force has taken control of the Pentagon’s long-delayed effort to field jam-resistant GPS receivers, an organizational shift intended to close a persistent gap between developing the technology and installing it aboard military aircraft, ships, vehicles and weapons.
Reuters
• Cassell Bryan-Low
By Reuters: As U.S. defence companies descended on Britain's Farnborough Airshow this week hoping to tap Europe's military spending boom, they encountered increased concern among customers about reliance on American suppliers.
eVTOL Insights
• Mohit
By eVTOL Insights: MD Aircraft GmbH and ST Airborne Systems AB have signed a Letter of Intent (LOI) to redefine the future of sustainable airborne surveillance operations.
