Nominal is selected for $71.2M aircraft test-data funding package
The package combines $41.2M in government funding with $30M in private matching for work tied to Air Force and Navy aircraft programs.
By Ryan Merket · Published
Primary source: x.com
Why it matters
The package puts government and private matching behind Nominal's effort to make test-data software part of aircraft development. Its headline value combines distinct funding sources, so it is not equivalent to a $71.2M contract payment or new venture round.
Nominal was selected for a $71.2 million Strategic Funding Increase package to support aircraft test-data infrastructure across Air Force and Navy programs, the company announced on X on October 26th. The package combines $41.2 million in government funding with $30 million in private matching, according to Nominal's announcement. It is a matched funding package, not a $71.2 million venture round.
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