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Ingenu Enables Maritime Vessel Monitoring Product

socalTECH

Orolio's system is used for vessel safety, monitoring vessels to prevent illegal harvesting, and more.

Product 124
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Virgin Orbit In Partnership With Intelligence Firm

socalTECH

Horizon is based in the UK, and offers up "Maritime Domain Awareness" products, which the company says are used for detection of illegal activity, piracy, smuggling, illegal fishing, transshipments, and terrorism.

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Viasat Completes Rignet Acquisition

socalTECH

Viasat said the deal will help it expand into new adjacent industries, including renewable energy, transportation, maritime, mining and other enterprise markets. The deal was worth approximately $222M in stock. Rignet will continue to be based in Houston, Texas.

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AeroVironment Deploys UAV With Royal Canadian Navy

socalTECH

Aerovironment said the Royal Canadian Navy is deploying its Puma II AE, a maritime mini unmanned aircraft system, on the RCN's Maritime Coastal Defence Vessels. Financial details of the contract were not announced. AeroVironment said that Canada's military has previously purchased its Raven UAS.

Monrovia 113
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ICEYE Scores Contract From NRO

socalTECH

The company says its satellites are targeted for use in insurance, natural catastrophe response and recovery, security, maritime monitoring and finance. ICEYE said it launched its very first satellite earlier this month on a SpaceX launch.

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UP.Partners Raises $230M Transportation Venture Fund

socalTECH

According to the fund, it is backed by Alaska Air Group, ARK Invest Founder and CEO Cathie Wood, Toyota subsidiary Woven Capital, Hillwood, a Perot Company; and ship management company OSM Maritime. UP.Partners is led by Managing Directors Adam Grosser, Cyrus Sigari and Ben Marcus.

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AeroVironment Wins New $19M DARPA Contract

socalTECH

The company said the new contract is worth $19M, and covers the development of a maritime, unmanned aircraft system called the Tern (short for Tactically Exploited Reconnaissance Node). aerovironment term military aircraft unmanned aerial drone maritime navy darpa contract airplane' READ MORE>>.