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WC/ 15.07.24

defense ai startup Helsing raises $487M Series C, plans baltic expansion to combat russian threat

Defense AI startup Helsing has raised €450 million ($487 million) in a Series C financing round led by General Catalyst. It now plans to expand its presence in European nations bordering Russia.

elon musk Will Move X and SpaceX Headquarters to Texas

Mr. Musk said SpaceX would move its headquarters from Hawthorne, Calif., to its Starbase facility in Boca Chica, Texas. X, which is based in San Francisco, will move to Austin.

kbr to acquire defense and space contractor LinQuest for $737m

U.S. defense contractor KBR has agreed to acquire LinQuest Corp., a specialist in national security space systems, for $737 million. The deal, announced July 16, would allow KBR to bolster its footprint in the national security space sector. The acquisition would increase KBR’s access to military customers such as the U.S. Space Force.

U.S. and Saudi Arabia sign agreement for joint space exploration and research

The U.S. and Saudi Arabia signed a framework agreement for civilian space research and exploration, NASA and the State Department said.

LeoLabs to support UK’s Project Tyche

LeoLabs will provide space tracking and monitoring, and collision-avoidance services to the U.K. Space Command’s Project Tyche.