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Lockheed Locks In On Venture Capital, Canadian Copper Cashes Up, And A New Collaboration For Drone Defense
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Lockheed Martin Is Expanding Their Bet On Venture Capital
Lockheed Martin (NYSE: LMT) publicly stated they are increasing the size of their venture capital fund known as Lockheed Martin Ventures to $1 billion. Lockheed Martin Ventures has made multiple notable investments into both private and public companies, including IonQ (NYSE: IONQ), aerospace company Terran Orbital, and defense robotics company Firestorm Labs, and has stated they plan to deploy more capital into early stage companies focused on artificial intelligence, quantum computing, advanced weapons, electronic military systems and aerospace.

Canadian Copper Lands Large Funding From Streaming Giant
Canadian Copper (CSE: CCI) secured $96 million in funding commitments from royalty and streaming giant OR Royalties (NYSE: OR) and global metals trading company Ocean Partners. Canadian Copper owns the Bathurst Complex which contains both the Murray Brook open pit deposit as well as their Caribou processing plant for copper, lead, zinc and silver concentrates.

AgEagle Aerial Systems Forms New Counter Drone Joint Venture
AgEagle Aerial Systems (NYSE: UAVS) committed $10 million in funding to form a joint venture with Israeli counter drone technology company ThirdEye Systems. ThirdEye Systems has developed counter drone technology that is capable of automatically identifying and tracking drones in real time using electro-optical imaging and can be used in complex environments and all weather conditions.

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The Sprint
Bloom Energy (NYSE: BE) landed a new deal with Oracle (NYSE: ORCL) in which they will sell Oracle 2.8 gigawatts of solid oxide fuel cell systems to power Oracle’s data centres in the United States.
Amazon (NASDAQ: AMZN) entered into an all cash deal to acquire satellite operator Globalstar (NASDAQ: GSAT) for $90.00 per share.
Lithium exploration company HiTech Minerals entered into a business combination with Constellation Acquisition Corp I (OTC: CSTAF) to become a publicly traded company.

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