August 29, 2025 - 10:52

In a significant development in aerospace technology, Viridian has been awarded a $1.25 million grant from AFWERX to advance its Vertical Low Earth Orbit (VLEO) propulsion technology. This funding marks a crucial step in enhancing propulsion systems designed for small satellites and other space applications, aiming to improve efficiency and reduce costs.
The VLEO propulsion technology is poised to revolutionize how satellites operate in low Earth orbit, addressing challenges such as atmospheric drag and fuel consumption. By focusing on innovative propulsion solutions, Viridian aims to enable more sustainable and economically viable space missions.
This grant is part of AFWERX's broader initiative to foster innovation in the aerospace sector, encouraging collaboration between startups and government entities. Viridian's successful proposal highlights its commitment to pushing the boundaries of aerospace technology and contributing to the future of space exploration. The company plans to utilize the funding to accelerate research and development efforts, paving the way for next-generation propulsion systems.
July 29, 2026 - 10:49
NZX Midday Sector Update: Distribution Services Rises, Electronic Technology Sector StrugglesShares in the distribution services sector climbed more than 3% during midday trading on Wednesday, providing a bright spot in an otherwise mixed session on the NZX. The sector`s advance was led by...
July 28, 2026 - 19:03
The debate over CUI is revealing a larger struggle over how government buys technologyA simmering debate over Controlled Unclassified Information, or CUI, is pulling back the curtain on a much larger conflict: how the federal government buys technology in the first place. At the...
July 28, 2026 - 12:31
Marvell Technology vs. UiPath: Which Tech Stock Is a Better Buy in 2026?Investors looking at the tech sector for 2026 are weighing two very different bets: Marvell Technology and UiPath. Both companies operate in high-demand niches, but their valuations and growth...
July 27, 2026 - 22:25
Dell Technologies vs. Planet Labs PBC: Which Technology Stock Is a Better Buy in 2026?As investors look ahead to 2026, two very different technology names are drawing attention: Dell Technologies and Planet Labs PBC. One is a cash-rich hardware giant; the other is a fast-growing but...