Commercial space travel firm Sierra Space announced a $290 million increase in its total investment income as a result of its second funding effort, known as Series B. Consequently, the company’s valuation has skyrocketed to a whopping $5.3 billion. This investment milestone powers the firm’s goal of enabling more frequent and universal space flights. Accordingly,…more
Sierra Space, an American commercial space company, has entered into a new strategic agreement with Mizuho Financial Group (MUFG) Bank, Kanematsu Corporation, and Tokio Marine Nichido Fire Insurance. This agreement is geared towards exploring opportunities arising from the growing commercial space business, marking a significant milestone for Sierra Space’s business expansion. The companies involved will…more
Viega, an industry leader in press technology, has announced plans to construct a new manufacturing facility in Shalersville, Ohio. The company, renowned for its ProPress and MegaPress products, aims to break ground this November, with the facility slated to be operational by early 2025. Markus Brettschneider, CEO and President of Viega LLC, is enthusiastic about…more
The project being worked on by Ball Aerospace and NASA, which is aimed at fielding the primary instrument for the Nancy Grace Roman Space Telescope, has reached a major milestone. The collaborators have now completed the design, integration, and testing phases of the telescope’s primary instrument, named the Wide Field Instrument (WFI). The Roman Space…more
Ball Aerospace announced the completion of the primary instrument intended for the Nancy Grace Roman Space Telescope, a project done in collaboration with NASA. The completion of this instrument, the Wide Field Instrument (WFI) Optical-Mechanical Assembly, serves as an important step in advancing the development of one of NASA’s most ambitious space exploration projects. The…more
The U.S. Government has issued a contract to Colorado-based commercial space company Sierra Space for the development of advanced upper-stage rocket engines. Sierra Space, a subsidiary of privately held Sierra Nevada Corporation (SNC), is known for its suite of innovative space technologies and vehicles. The contract is part of an initiative towards U.S. independence in…more
DMC Global Inc. board of directors announced the appointment of Michael Kuta as the company’s president, chief executive officer, and director with immediate effect. Kuta, the former interim co-CEO and chief financial officer, has been with the company since 2014. Prior to stepping up as the interim co-CEO alongside DMC director David Aldous in January…more
As the worldwide rollout of 5G continues, one company is proving that this cutting-edge technology can do more than just speed up your smartphone. Sherpa 6, a technology innovator focused on creating solutions that ensure national security, recently completed testing of an enhanced, private 5G network designed to connect soldiers on the frontlines. Utilizing state-of-the-art…more
California-based technology company Trimble Inc. has announced the relocation of its headquarters to Westminster, Colorado. The move was officially established on October 1, 2021 according to a recent press release from the firm. Trimble Inc., originally a Silicon Valley company, has been operating for more than four decades, providing software, hardware, and services to a…more
Barber-Nichols Inc. (BNI), a Colorado-based engineering and manufacturing company, has recently completed life testing on a groundbreaking fan system intended for NASA’s next-generation spacesuits. As part of NASA’s Artemis mission, the system will be used to enhance astronauts’ breathing in space. The fan, in conjunction with a ventilation loop, is a critical component of the…more
Martin/Martin, the leading US civil and structural engineering company, clinched multiple victories at Engineering News Record’s (ENR) 2020 Best Project Awards. Announced on 17th December 2020, these awards, divided into several categories, honor exceptional project execution, innovative technologies, sustainability, and excellent safety performance within the construction industry. The Palisade Plunge Trail, Colorado, a project spearheaded…more