{
Peter Platzer

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}
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Trump administration may disrupt defense contracting with tech-focused approach

The incoming Trump administration's ties to tech billionaires like Elon Musk may disrupt traditional Pentagon procurement practices, shifting from a "cost plus" to a "cost minus" model. This transition could favor newer, tech-driven defense contractors, although significant challenges remain in integrating commercial innovations with military needs. Despite optimism, the military's extensive requirements often clash with the agile solutions offered by startups, highlighting a cultural divide that persists in defense procurement.
SpaceNews
United States Dollar SpaceX Palantir Technologies Inc. USA JD Vance Frank Backes Peter Platzer Elon Musk Peter Thiel Palmer Luckey John T. Raymond Gabe Dominocielo Show more
Technology & Innovation, News Article
13:56 25.11.2024

Spire Global sells maritime business for 241 million to Kpler

Spire Global is selling its commercial ship-tracking business to Kpler for $241 million, retaining its satellites and technology while offloading maritime customer contracts. The deal aims to enhance Kpler's maritime analytics and will help Spire pay off approximately $100 million in debt, positioning it for growth in other data markets. The transaction is expected to close early next year, following Spire's ongoing accounting review and regulatory filing delays.
SpaceNews
United States Dollar Spire Global, Inc. Kpler USA BEL Peter Platzer Mark Cunningham
Finance & Economy, News Article
23:52 13.11.2024
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