Lockheed Martin is acquiring satellite manufacturer Terran Orbital, taking the smaller company private and potentially rescuing it from running out of cash while facing of serious debt. Although Terran Orbital itself wasn’t founded until 2013, its history goes back to the late ’90s, to the development of the CubeSat, which became the flagship in a […]
Novel battery manufacturer EnerVenue is raising $515M, per filing
EnerVenue, a startup that has developed an alternative to lithium-ion batteries for long-duration renewable energy storage, is raising $ 515 million in fresh equity, per an SEC filing seen by TechCrunch. The company is in the process of building a gigawatt-scale factory in Kentucky to produce its nickel-hydrogen batteries, an endeavor that’s estimated to cost […]