Tech race spurs U.S. investment in new defense suppliers

  • 📰 axios
  • ⏱ Reading Time:
  • 33 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Military News News

Military

A fresh crop of companies is capable of reshaping the U.S. military-industrial complex.

are Anduril Industries, Palantir Technologies and SpaceX. Other buzzy players include Applied Intuition, Capella Space, Epirus, Scale AI and Shield AI. Here's a look what they have cooking:

SpaceX hoists clandestine payloads and is also building a network of "hundreds of spy satellites under a classified contract with a U.S. intelligence agency,"Capella builds and operates synthetic aperture radar satellites that render Earth, even in adverse weather conditions. It now works closely with the intelligence community, and recently automated vessel detection and classification in its images.with the Army.

Tactical missile suppliers dropped from 13 to three, fixed-wing aircraft suppliers declined from eight to three and satellite suppliers halved from eight to four, according to the 2022 assessment.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

20 Non-Tech Companies Making Waves With Innovative Tech InitiativesSuccessful CIOs, CTOs & executives from Forbes Technology Council offer firsthand insights on tech & business.
Source: ForbesTech - 🏆 318. / 59 Read more »

Tech boom: BlackRock doubles down on AI and U.S. tech companiesTech boom: BlackRock doubles down on AI and U.S. tech companies
Source: Investingcom - 🏆 450. / 53 Read more »