TechTaffy

tech:

taffy

CACI secures $125M contract to provide technology solutions for U.S. Navy

By TechTaffy Desk

CACI has been awarded a five-year contract valued at up to $125 million by the U.S. Navy’s Naval Air Warfare Center Aircraft Division (NAWCAD). The contract, named Crisis Response and Interoperable C5 Electronic Systems (CRIC-ES), involves the provision of mission technology solutions to support the Navy’s crisis responders.

The contract encompasses full life cycle support for C5ISR systems, ranging from engineering and design to rapid prototyping, fabrication, and integration. The solutions are designed to operate across various platforms and cater to the needs of on-the-ground end users, including Department of Defense Combatant Commands and disaster recovery/first responders, says CACI.

[Image courtesy: U.S. Navy]

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.