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MoD to boost hypersonic strike ability

The Ministry of Defence is to speed up its acquisition of hypersonic weapons with plans to spend £1 billion over seven years on a “framework” deal with aerospace companies.War in Ukraine has renewed interest in hypersonic vehicles which fly at Mach 5, or faster among western governments. Russia

United kingdomRoyal airTechnology laboratoryNational security strategic investment fundMinistry of defenceRoyal air forceReaction enginesDefence scienceNational security strategic investment

JPMorgan Chase s fintech buying spree

JPMorgan Chase has bought or invested in more than 80 companies in two years.

United kingdomCharlie javiceAddis ababaJamie dimonStephen biggarJackson fordyceLuisa beltranStarr insurance companiesArgus researchFounders fundSyngenta group venturesOffice of the comptrollerAvalanche energyNational security strategic investment fundNutmeg savingsVolkswagen payments

Molten Ventures leads £15m fundraise into UK quantum firm

Molten Ventures has invested into Riverlane, a UK start-up designing software and hardware to reduce errors in quantum computers.

United kingdomUnited statesSan franciscoSteve brierleyStuart chapmanJames scapaUnited kingdom national security strategic investment fundCambridge innovation capitalAmadeus capital partnersNational security strategic investmentDraper esprit

Riverlane Raises $18 7M Series B to Advance Useful Quantum Computing

Riverlane Raises $18 7M Series B to Advance Useful Quantum Computing
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Britain to challenge China with £1bn subsidies for computer chip makers

The decision comes amid a growing unease over Britain’s reliance on Chinese made components

United kingdomNew yorkUnited statesCity ofOrkney islandsSouth walesGrant shappsChris philpAmerico lemosMichelle donelanJoe bidenMark lippettBoris johnsonNational security strategic investment fundBritish business bankNational security strategic investment