HD Hyundai Introduces “Korean Shipbuilding DNA” to India

HD Hyundai is joining forces with India’s largest state-owned shipyard to strengthen its influence in the Indian and global markets. HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company overseeing HD Hyundai’s shipbuilding operations, announced on July 6th that it has signed a comprehensive Memorandum of Understanding (MOU) with Cochin Shipyard Limited (CSL), India’s largest state-owned shipbuilder, to […]
Shield AI announces Series F funding round

Shield AI, the defense technology company building the world’s best AI pilot for aircraft, recently announced the expansion of their Series F funding round to a total of $500 million. An additional $100M in equity, raised at the Series F price, and $200M in debt from Hercules Capital were added to the initial $200M in equity closed in November. “AI pilots are becoming a […]
Trident Maritime Systems acquires Custom Alloy Corporation assets

Trident Maritime Systems (“Trident”), a leading maritime systems and solutions provider and portfolio company of investment affiliates of J.F. Lehman & Company (“JFLCO”), announced yesterday that it has acquired the assets of Custom Alloy Corporation (“CAC”) through one of its subsidiaries. CAC is a leading, vertically integrated provider of highly specialized alloyed forgings, fittings, and […]