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Paragon Micro receives NASA SEWP V contract

Paragon Micro was added as a prime contractor on the National Aeronautics and Space Administration (NASA) Solutions for Enterprise Wide Procurement V (SEWP V) Government-Wide Acquisition Contract (GWAC) under Group C (Small Business).

Pentagon Drone Program Is Using Google AI — Bloomberg Technology

Google’s artificial intelligence technology is being used by the U.S. Department of Defense to analyze drone footage, Mark Bergen of Bloomberg Technology writes. Here is...

Leidos awarded $200 million geospatial intelligence support by the U.S. Army

Leidos was awarded a $200 million hybrid contract (cost-plus-fixed-fee and firm-fixed-price) to support geospatial requirements, standards and systems across the U.S. Army.

Citadel raises $12 million

Citadel Defense, a drone company working on counter drone systems, has secured $12 million in capital for its Series A Financing round.

CGI wins place on $50 billion GSA Alliant 2 GWAC contract

CGI has been awarded a place on the Alliant 2 Indefinite Delivery/Indefinite Quantity (IDIQ) Government-Wide Acquisition Contract by the General Services Administration.

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Tembo raises $14M

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

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. 

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.

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. 

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.