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Stratolaunch Gets Contract With AFRL

socalTECH

Mojave-based aerospace developer ,a href="[link] reports that it has received a research contract with the U.S. Financial details of that contract were not announced by the company. The company said the contract is in partnership with Booz Allen Hamilton.

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SpaceX Wins Missile Tracking Contract

socalTECH

Hawthorne, California-based SpaceX has received a new, $149M contract to help develop new, missile tracking satellites for the U.S. Department of Defense, part of two contracts awarded by the DoD to improve its capabilities. The award was through the Pentagon's Space Development Agency.

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Former Snap employees are launching Forge Platform for Ethereum devs

TechCrunch LA

Chris Lorenz, Geoffrey Anderson, and James Borow may have spent their days over the past few years working at Snap, but on nights and weekends Anderson and Lorenz were laboring on a different project — improving Ethereum development tools. . “We were really working on scalability testing.” ” .” ”

Platform 216
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AeroVironment Wins $44.5M Contract

socalTECH

Monrovia-based unmanned aircraft systems developer AeroVironment reports that it has received a big, $44.5M contract for its Puma II AE platform, with an un-nnamed, major country in the Middle East. According to Aerovironment, the deal is the largest-ever international contract for the company. READ MORE>>.

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Stem Snags $8M For Creative Payments Platform

socalTECH

Los Angeles-based Stem , which is developing a platform to simplify payments for musicians and other content creators, announced Wednesday morning that it has raised $8M in a Series A funding. The company says it has now raised $12.5M Stem was co-founded by Milana Rabkin, Tim Luckow and Jovin Cronin-Wilesmith. READ MORE>>.

Platform 124
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Using Generative AI to Drive Corporate Impact

TechEmpower

TechEmpower has been instrumental in developing chatbots like these, utilizing generative AI to sift through internal documents and user manuals, enabling them to provide precise answers to customer service questions. It also facilitates rapid prototyping, allowing for quicker iterations and thus shorter development cycles.

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Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions

TechCrunch LA

Sometimes smart contracts can be pretty dumb. Hoping to beat back the tide of bad contracts, bad code and bad actors, Sagewise , a new Los Angeles-based startup has raised $1.25 million to bring to market a service that basically hits pause on the execution of a contract so it can be arbitrated in the event that something goes wrong.