Iron Dome

ZeroMark Secures $7M in Seed Funding for “Handheld Iron Dome”

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목요일, 5월 30, 2024
Defense, Other Defense, Military, Hardware, Artificial Intelligence, Technology, Government Technology, Security, Iron Dome, General partnership, Law enforcement, Democracy, Robotics, Safety, Andreessen Horowitz, Traction, War, Freedom, Veteran, Venture

ZeroMark, a pioneering defense technology startup, has announced a $7 million seed funding round led by prominent venture capital firms Ground Up Ventures and Andreessen Horowitz.

Key Points: 
  • ZeroMark, a pioneering defense technology startup, has announced a $7 million seed funding round led by prominent venture capital firms Ground Up Ventures and Andreessen Horowitz.
  • "The proliferation of drone technology poses an evolving threat to our armed forces," said Joel Anderson, CEO of ZeroMark.
  • Jordan Odinsky, Partner at Ground Up Ventures, emphasized the critical need for companies like ZeroMark in protecting freedom and democracy.
  • The seed funding will accelerate product development, enhance feature integration, and expand operational capabilities.

Kratos Reports First Quarter 2024 Financial Results

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화요일, 5월 7, 2024
National security, SDA, Investment, STS, TT&C, HIMAD, Earnings per share, Software, Radar, Research and development, Robotics, Iron Dome, Public expenditure, IBCS, KGS, Technology company, KUS, EPS, Acquisition, Consolidated, SRM, Adjustment, Revenue, GAAP, SAN, Arrow, Satellite, Defense, Video game

First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth

Key Points: 
  • First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth
    First Quarter 2024 Unmanned Systems Revenues of $59.4 Million Increased 23.8 Percent over First Quarter 2023 Revenues of $48.0 Million, including 21.8 Percent Organic Growth
    First Quarter 2024 and Last Twelve Months Ended March 31, 2024 Consolidated Book to Bill Ratio of 1.1 to 1
    SAN DIEGO, May 07, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a Technology Company in the Defense, National Security and Global Markets, today reported its first quarter 2024 financial results, including Revenues of $277.2 million, Operating Income of $7.0 million, Net Income of $1.3 million, Adjusted EBITDA of $26.0 million and a consolidated book to bill ratio of 1.1 to 1.0.
  • Kratos reported first quarter 2024 GAAP Net Income attributable to Kratos of $1.3 million and Earnings Per Share of $0.01 compared to a GAAP Net Loss attributable to Kratos of $7.0 million and a GAAP Net Loss per share of $0.05 for the first quarter of 2023.
  • Adjusted EPS was $0.11 for the first quarter of 2024, compared to $0.06 for the first quarter of 2023.
  • First quarter 2024 Revenues of $277.2 million increased $45.4 million, or 19.6 percent, from first quarter 2023 Revenues of $231.8 million.

RTX, Rafael to build missile production facility in Camden, Arkansas

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목요일, 10월 26, 2023
Military, NYSE, Armed Forces of Saudi Arabia, Raytheon Technologies, Workforce, Rafael Advanced Defense Systems, Partnership, Freedom, Iron Dome, History of U.S. Marine Corps Operations in World War II, Aircraft, Arms industry

EAST CAMDEN, Ark., Oct. 26, 2023 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, in partnership with Rafael Advanced Defense Systems, will build a manufacturing facility in East Camden, Arkansas to produce the Tamir missile for the Iron Dome Weapon System and its U.S. variant, SkyHunter®.

Key Points: 
  • EAST CAMDEN, Ark., Oct. 26, 2023 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, in partnership with Rafael Advanced Defense Systems, will build a manufacturing facility in East Camden, Arkansas to produce the Tamir missile for the Iron Dome Weapon System and its U.S. variant, SkyHunter®.
  • Through the established Raytheon-Rafael Area Protection Systems joint venture, the companies have committed to a $33 million capital investment to establish the new facility.
  • Once operational, the facility will produce missiles for the U.S. Marine Corps and other allied partners.
  • The joint venture plans to break ground on the new facility before the end of the year with the intent to begin missile production in 2025.

Liberation Technology Services Combats Concerns of Censorship, Data and Privacy Breaches That Are Crippling Big Tech

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화요일, 9월 6, 2022
Cloud, University, Pipeline, Safety, Trust, Research, Mark (given name), Tech, Budget, White House, Solution, Privacy, Iron Dome, No, Freedom, Organization, Former, Big Tech, History of the University of Maryland, College Park, Uncertainty, Risk, Industry, IBM, CSPS, LTS, Internet service provider, Weapon, Online shopping

TAMPA, Fla., Sept. 6, 2022 /PRNewswire/ -- A cybersecurity attack occurs every 39 seconds, according to a study by the University of Maryland. Thirty-percent of cyberattacks cost victim companies $500,000+ in 2020 according to a survey conducted by Harris Poll.

Key Points: 
  • With the immense increase in data, privacy breaches, and biased censorship with de-platforming, these have become liabilities that destroy bottom line profits.
  • The questions stand: "Will these concerns of privacy, data, and online sovereignty finally raise the red flag of consideration to migrate to other CSPs, like Liberation Technology Services?
  • Liberation Technology Services' solutions restores freedom to an industry that has been jeopardized by the greed and agendas of Big Tech.
  • Liberation Technology Services proudly offers un-compromised privacy and cyber security, and a censorship free guarantee, preserving the freedom and security of businesses, and organization's data and likeness online.

The Worldwide Missile Seekers Industry is Expected to Reach $6.8 Billion by 2026

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목요일, 11월 11, 2021
Unmanned aerial vehicle, Safran, Laser, Mid-InfraRed Technologies for Health and the Environment, Pulwama, APAC, Raytheon Technologies, BAE Systems, Arrow (Israeli missile), USD, Arrow 3, Marotta, R, CAGR, Radar, Northrop Grumman, Row, Semiconductor, Passive radar, COVID-19, Main Centre for Missile Attack Warning, Aircraft, Acquisition, Future of the Indian Air Force, Good Bye, Radar, War, Multi, Interceptor, Iron Dome, Unmanned combat aerial vehicle, Leonardo S.p.A., Weapon, Telescope, Jet fuel

The global missile seekers market size is projected to grow from USD 5.3 billion in 2021 to USD 6.8 billion by 2026, at a CAGR of 5.2% from 2021 to 2026.

Key Points: 
  • The global missile seekers market size is projected to grow from USD 5.3 billion in 2021 to USD 6.8 billion by 2026, at a CAGR of 5.2% from 2021 to 2026.
  • The missile seekers market will majorly be driven by the changing nature of warfare in the forecasted year.
  • The missile seekers market in North America is driven by the increasing need for advanced defense systems from the US military.
  • Recent technological developments in defense systems, including guided missiles, have led to the increased demand for more efficient missile seekers.