Aerospace Group:

Business/Financial

CyberX Raises $9 Million In Funding For Industrial Cyber Protection

Tuesday, August 2nd, 2016

SHARE:

CyberX Raises $9 Million In Funding For Industrial Cyber Protection

iStock Cyber Lock

CyberX, a provider of cybersecurity for industrial Internet of Things (IIoT), completed a $9 million funding round, the company said Tuesday.The funding round was led by Flint Capital and also included existing investors Glilot Capital Partners, Swarth Group, GlenRock, the newly joined ff Venture Capital (ffVC), and other investors.CyberX was founded by veterans of the Israeli Elite Cyber Security Unit: Omer Schneider, CEO and co-founder and Nir Giller, CTO and co-founder. The company helps clients in industry secure their internet-connected…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]