2 décembre 2022 | International, C4ISR
Defense startup Anduril secures $1.5 billion investment
Company to use funding for development of "autonomous defense capabilities."
27 mai 2020 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité
By ARIE EGOZIon May 26, 2020 at 5:26 PM
TEL AVIV: The strict U.S warning to Israel to limit ties with China has its first result as the Chinese failed to win a tender for the construction of the giant desalination plant in central Israel. The Palmahim site is in close proximity to Israel's missile test and satellite launch facility.
The Soreq 2 facility, with the capability to process 200 million cubic meters of water per year, is expected to be the largest of its kind in the world, increasing the state's desalination capacity by about 35%. The new desalination plant joins five facilities already operating in Israel. Two weeks after US Secretary of State Mike Pompeo met with Prime Minister Benjamin Netanyahu and warned against further Chinese involvement in projects in Israel the Chinese company lost and an Israeli company, IDE.
That may lead to a confrontation with the Chinese. Two weeks ago, Netanyahu told Pompeo that the issue was under discussion by the Foreign Investment Committee at the Treasury. The US fears Chinese investments could create dependencies on China's companies and countries, and is working to prevent them.
The next challenge: the Chinese and the power companies. In coming days, a decision will be made whether to award the Chinese government company China Harbor's bid for the power plant of Ramat Hovav, part of the huge reform of Israel's once government-owned electricity sector.
“The fact that the (Pompeo) visit takes place in these problematic times proves its urgency ” an Israeli source told BD. Pompeo came to Israel with a very strict message – stop all Chinese investment in Israel, either in high tech companies or infrastructure.
Israeli officials said the message relayed during Pompeo's visit included a very specific political warning – Israel must stop any action that strengthens the Chinese Communist Party, even if that means canceling planned projects. For context, think of the numerous times President Trump has called the coronavirus the Chinese virus and blamed China for supposedly hiding the truth about the virus' origins.
https://breakingdefense.com/2020/05/israel-pressed-by-us-blocks-first-big-chinese-deal/
2 décembre 2022 | International, C4ISR
Company to use funding for development of "autonomous defense capabilities."
29 septembre 2024 | International, Aérospatial
“We have no map of space, it’s a drama for the military,” said Col. Ludovic Monnerat, head of space domain for the Swiss Armed Forces.
18 décembre 2020 | International, Aérospatial
By: Joe Gould WASHINGTON ― Epirus, a venture-backed startup offering a counter-drone capability, announced Thursday it raised $70 million to speed its technology to market. The round was led by San Francisco, California-based Bedrock Capital, and brings the 2-year-old company's total capital raised to roughly $80 million. The news comes six months after Epirus inked a strategic supplier agreement with Northrop Grumman to provide exclusive access to Epirus' software-defined electromagnetic pulse system Leonidas. Since then, the firm has doubled in size and plans to add 100 jobs in 2021. “We're aggressively hiring and expanding our footprint on the East and West coasts,” Epirus CEO Leigh Madden told Defense News. He added that the firm is shifting its headquarters from the Hawthorne, California, office to its newer offices in Tysons Corner, Virginia. Alongside Bedrock and several other investment firms, L3Harris Technologies is investing in Epirus. Epirus developed a SmartPower power-management technology that underpins its counter-unmanned aircraft system, and the company plans to partner with L3Harris to create greater power efficiencies within some of its existing systems. The technology, which allows the system to deliver a high-power output with a relatively low-power input, has a range of applications across other radio frequency systems, Madden said. (The company's systems involve a combination of high-power microwave technology and, for enhanced targeting, artificial intelligence.) The new funding, “enables us to rapidly build out our counter-UAS system,” Madden said. “We'll be bringing the Leonidas system to market as well as advancing the capabilities of our SmartPower technology ― and working with government customers and partners to expand the application of that technology.” Beyond Bedrock and L3Harris, the new Series B funding came from Piedmont Capital Investments, 8VC, Fathom VC and Greenspring Associates. In 2019, Epirus closed $17 million in Series A funding, which was led by 8VC. (Series A is meant to help a company progress to the development stage, and Series B is meant to help a company market or expand its existing market footprint.) Geoff Lewis of Bedrock Capital said in a statement that investors are “confident Epirus has the capacity to integrate its technology into top tier counter-UAS systems and lead the way in developing new and compelling directed energy applications.” “Epirus counters the weak assumption baked into standard VC models that the economic and cultural gaps of defense-focused investments are too wide to overcome,” Lewis said. https://www.defensenews.com/2020/12/17/counter-drone-startup-epirus-raises-70m-plans-to-hire-100-people/