TechTaffy

tech:

taffy

BlackSky awarded DoD contract for satellite imagery analysis

By TechTaffy Desk

BlackSky has been awarded a contract by the U.S. Department of Defense. The $2 million contract was awarded by Axient on behalf of the Air Force Research Laboratory, according to a report in Space News.

The contract focuses on the collection and annotation of thousands of multi-frame burst images from BlackSky. These images will be utilized to train artificial intelligence models designed to identify and track moving targets using commercial motion imagery, says BlackSky.

The contract includes access to the BlackSky Spectra platform, providing tasking and analytics services. The Defense Department intends to use BlackSky’s imagery and analytics for exercises, technology demonstrations, and operations, aiming to improve situational awareness and decision-making.

The technology used by BlackSky captures images in sequence as a satellite moves over a target area. This method captures different angles in seconds, allowing for the creation of 3D models and precise movement detection analytics.

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.