#defense-contract

[ follow ]
#pentagon #salesforce #wildfire-ai #emberpoint #ai-infrastructure #orbital-commercialization #satellite-mirrors
from24/7 Wall St.
2 days ago

Salesforce Deepens Defense and Wildfire AI Roles With Long-Horizon Deals

The company announced a 10-year, $5.6 billion defense contract with the U.S. Army and joined a $100 million wildfire prevention venture called EMBERPOINT LLC. The Army contract runs through Salesforce's Missionforce National Security subsidiary, accelerating AI-powered decision-making across millions of military personnel. At $560 million annually, this represents 1.4% of Salesforce's $40.3 billion revenue base. Not transformational, but meaningful for a company trading at 18x forward earnings with analysts targeting 33% upside to $329.65.
Business
Startup companies
fromFuturism
3 months ago

Scientists Oppose Huge Array of Mirrors in Space That Shines Nighttime Sunlight on Wealthy Customers

Reflect Orbital plans to operate satellite mirror arrays to deliver paid "spots of light" on Earth, backed by a US Air Force contract and venture funding.
US news
fromTheregister
6 months ago

Pentagon takes ownership stake in only US rare earth mine

The Pentagon becomes the largest shareholder of the only active rare earth mine in the U.S., investing heavily in its expansion.
[ Load more ]