Business
The DoD Accelerator Managed by Accuidity Capital Management Announces a $6 Million Series A Investment in Baxter Aerospace
SAN FRANCISCO, July 24, 2025--Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE: FRGE), a leading provider of marketplace infrastructure, data services, technology, and investment solutions for the private market, announced today that the DoD Accelerator fund, managed by Accuidity Capital Management ("Accuidity"), has made its inaugural defense-sector investment: a $6 Million Series A funding round in Baxter Aerospace. Baxter Aerospace is a Utah-based advanced manufacturing and aeros
About this update from Baxter International Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/7d184b882d88d77727ef6ad8ca6becc4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/cp3mCUs5aylJk5j9RnCz5A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/7d184b882d88d77727ef6ad8ca6becc4","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/wK7PNMsQbOv42jGQKVBxmg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/7d184b882d88d77727ef6ad8ca6becc4","width":1024,"height":512}},"lazy":false},{"type":"text","content":"SAN FRANCISCO, July 24, 2025--(BUSINESS WIRE)--Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE: FRGE), a leading provider of marketplace infrastructure, data services, technology, and investment solutions for the private market, announced today that the DoD Accelerator fund, managed by Accuidity Capital Management ("Accuidity"), has made its inaugural defense-sector investment: a $6 Million Series A funding round in Baxter Aerospace. Baxter Aerospace is a Utah-based advanced manufacturing and aerospace system integrator focused on delivering real-time sensing and resilient communications to defense, intelligence, and emergency response customers.","length":698,"tagName":"p"},{"type":"text","content":"Baxter Aerospace operates at the intersection of edge connectivity, unmanned aerial systems, and precision manufacturing. The company’s current efforts center around:","length":166,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Deployable Communications Kits – Baxter is provisioning aircraft and field-deployed platforms with broadband satellite communications systems to support austere operations across firefighting, disaster response, and defense missions. These systems incorporate compact, mobile terminals enabled by leading low Earth orbit ("LEO") networks, procured through formal reseller agreements and operated on a wide array of U.S. government public safety use cases.","length":465,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"BA-1 Dragonfly Unmanned Aircraft – A Group 3 VTOL (vertical takeoff and la...