DoW Invests $1B in L3Harris for SRMs
The U.S. Department of War announced a $1 billion investment in defense contractor L3Harris to support the development of SRMs. The capital infusion is aimed at enhancing L3Harris's capabilities in strategic resource management. The deal was reported in the latest Defense Tech and Acquisition newsletter on January 17, 2026.
Canada Rocket Company Raises $6.2M Seed Round
Canada Rocket Company (CRC), a Toronto‑based space and defence startup, announced a $6.2 million seed round led by the Business Development Bank of Canada and Garage Capital, with participation from Ripple Ventures, Panache Ventures, Northside Ventures and Cold Capital. The funding...
Allegiant Air to Acquire Sun Country Airlines
Allegiant Air announced it will acquire Sun Country Airlines, with Allegiant becoming the surviving carrier holding two‑thirds of the combined company and Sun Country shareholders receiving one‑third. The transaction includes a 20% premium over Sun Country’s current share price, though...
Starlab Secures Major New Investor Seven Grand Managers in Strategic Funding Deal
The Starlab space station consortium, led by Voyager Technologies, announced it has secured a major new investor, Seven Grand Managers, in a strategic funding round. While the exact amount was not disclosed, the investment adds to Starlab’s prior $383 million public...
Mitra Chem Raises over $80M in Funding Round
Mitra Chem, a lithium‑ion battery materials startup, announced it has raised more than $80 million from investors including Social Capital, General Motors and Alpha Wave Ventures. The capital will accelerate AI‑driven battery material development and help shorten the lab‑to‑production timeline.