🧬 Interested in pharma, biotech and medical device news? Visit PharmaDeviceNews.com →
Browsing Tag

United Kingdom Ministry of Defence

8 posts
Read More

Open Cosmos gains route into ÂŁ8bn TacSys market for sovereign satellite connectivity

Open Cosmos has been accepted onto the United Kingdom’s Tactical Communication Systems framework, giving the satellite company access to compete for future government communications work under an eight-year procurement vehicle valued at about £8.03 billion, but the framework appointment itself does not constitute an £8 billion contract award.
Read More

Cambridge Aerospace hits $3.4bn valuation as 30,000-interceptor production target tests defence-tech scale

Cambridge Aerospace has secured $300 million at a $3.4 billion valuation as it scales Skyhammer interceptor production and develops Starhammer. The valuation has more than doubled in four months, but manufacturing 2,500 interceptors a month and converting government testing into repeat procurement will determine whether the private-market enthusiasm is justified.
Read More

Defence Holdings has secured the cash, but what must ALRT deliver before investors return?

Defence Holdings has completed a significantly oversubscribed ÂŁ4 million placing, giving the London-listed defence technology company additional capital for partnerships, working capital and contract execution. The financing strengthens its ability to pursue a software-led defence strategy, but investors must now assess whether operational progress can outweigh dilution and a sharp retreat in the ALRT share price.