Lockheed Martin

Xaba Closes $2 Million Seed Extension to Deliver Intelligent, Self-programming Robotic Systems for Manufacturing

Retrieved on: 
Tuesday, January 9, 2024
Data Management, Technology, Other Technology, Software, Networks, Artificial Intelligence, MIG, Artificial intelligence, TIG, Physics, BDC, AI, CNC, Algorithm, Welding, Acquisition, Cognition, Cobot, Lockheed Martin, Robotics

The funding round was led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and existing investor Hazelview Ventures .

Key Points: 
  • The funding round was led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and existing investor Hazelview Ventures .
  • The investment will be used to establish and staff a new robotics lab and accelerate the delivery of two Xaba manufacturing platforms.
  • Xaba is augmenting industrial robots and cobots with xCognition, an artificial intelligence (AI)-powered software solution.
  • xCognition leverages innovative proprietary machine learning algorithms to model the elasto-mechanical-dynamic behavior of industrial robotics and cobots, as well as workpiece variances.

Industrial Defender Appoints OT Cybersecurity Veteran Patrick Miller as Strategic Technical Advisor

Retrieved on: 
Wednesday, January 10, 2024
Lockheed Martin, DOE, Policy, ICS, Government, Ditto, NERC CIP, NESCO, WECC, NERC, Miller

FOXBOROUGH, Mass., Jan. 10, 2024 /PRNewswire/ -- Industrial Defender, the leading provider of OT asset data and cybersecurity solutions for industrial organizations, announces the appointment of Patrick Miller as Strategic Technical Advisor. With over 35 years of experience in IT/OT security and regulatory compliance, and extensive expertise with NERC CIP, Miller's role will be pivotal in guiding the company's technical direction and product strategy serving electric power utilities.

Key Points: 
  • FOXBOROUGH, Mass., Jan. 10, 2024 /PRNewswire/ -- Industrial Defender , the leading provider of OT asset data and cybersecurity solutions for industrial organizations, announces the appointment of Patrick Miller as Strategic Technical Advisor.
  • "Patrick's unparalleled expertise in NERC CIP and vast experience in the energy sector make him an invaluable addition to Industrial Defender as our new advisor," said Jay Williams, CEO of industrial defender.
  • Miller added: "I am excited to join Industrial Defender, a pioneer and long-standing leader in OT cybersecurity.
  • Miller joins Joy Ditto , who was also recently announced as a Strategic Advisor, in bolstering Industrial Defender's innovation and excellence.

Advanced Magnet Lab Inc. to Present at the National Defense Industrial Association (NDIA) Mine-to-Magnet Workshop on January 16-17, 2024 in Bethesda, MD

Retrieved on: 
Wednesday, January 10, 2024
Magnet, NDIA, Acquisition, National Defense Industrial Association, Policy, Commerce, Mining, Government, Industry analyst, Lockheed Martin, PM, AML

The presentation will include:

Key Points: 
  • The presentation will include:
    Overview of AML's PM-Wire™ permanent magnet technology platform.
  • Real-world examples of the impact of PM-Wire™ on improving the performance and lowering the cost of electric motors, which rely on permanent magnets.
  • For more information on the event and for those interested in viewing, virtual registration is available at National Defense Industrial Association (NDIA) website: https://www.ndia.org/events/2024/1/16/mine-to-magnet .
  • To learn more about magnets or AML, please visit http://mitusmagnets.com for industry white papers and company information.

Industrial Defender Joins the E-ISAC Vendor Affiliate Program

Retrieved on: 
Tuesday, January 9, 2024
Gold, Lockheed Martin, Policy, Partnership, Electricity, Critical infrastructure protection, American Electric, NERC CIP, Industrial, Vendor, ISAC, NERC, Risk management

FOXBOROUGH, Mass., Jan. 9, 2024 /PRNewswire/ -- Industrial Defender, a pioneering leader in operational technology (OT) security and compliance, is proud to announce its new affiliation with the Electricity Information Sharing and Analysis Center (E-ISAC). Joining the E-ISAC's Vendor Affiliate Program as a Gold level member aligns with Industrial Defender's mission to bolster cybersecurity and compliance in the electricity sector across North America.

Key Points: 
  • Joining the E-ISAC's Vendor Affiliate Program as a Gold level member aligns with Industrial Defender's mission to bolster cybersecurity and compliance in the electricity sector across North America.
  • "Our partnership with E-ISAC represents an important milestone in our collaborative efforts with stakeholders in the electricity industry," said Jay Williams, CEO of Industrial Defender.
  • As a Gold level member of the E-ISAC Vendor Affiliate Program, Industrial Defender brings to the table its vast experience and expertise in OT asset management and compliance with the North American Electric Reliability Corporation (NERC) Critical Infrastructure Protection (NERC CIP) standards.
  • Industrial Defender's participation in the E-ISAC's Vendor Affiliate Program signals a strong commitment to enhancing information sharing and fostering collaboration between the electricity industry and vendor community.

LeoStella Appoints Daniel Adams to Director of Technical Programs

Retrieved on: 
Monday, January 8, 2024
International Space Station, Trinity University, Federal Acquisition Regulation, Government, Chemical engineering, Lockheed, Program management, Martin, Engineering, FAR, Colorado State University, Lockheed Martin, Management

TUKWILA, Wash., Jan. 08, 2024 (GLOBE NEWSWIRE) -- LeoStella, a small satellite and constellation technology manufacturer, has named Daniel Adams the company’s new director of Technical Programs.

Key Points: 
  • TUKWILA, Wash., Jan. 08, 2024 (GLOBE NEWSWIRE) -- LeoStella, a small satellite and constellation technology manufacturer, has named Daniel Adams the company’s new director of Technical Programs.
  • “We’re excited to have Daniel on our team,” said Tod Byquist, LeoStella vice president of Program Management and Supply Chain.
  • “Daniel will be leading our program management team in the execution of customer programs and internal research and development.
  • Prior to joining LeoStella, Adams served as the director of Programs for Sierra Space’s Advanced Programs team, developing advanced systems for flight on small satellites.

Maritime Patrol Aircraft Industry Analysis Report 2023 - Global Forecast to 2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, January 8, 2024
Aerospace, Manufacturing, Maritime, Air, Transport, Aircraft, Jet engine, Lockheed Martin, Propulsion, Northrop Grumman, USD, Growth, Investment, Shipbuilding

The maritime patrol aircraft market is valued at USD 6.7 billion in 2023 and is projected to reach USD 11.9 billion by 2028, at a CAGR of 12.1% from 2023 to 2028

Key Points: 
  • The maritime patrol aircraft market is valued at USD 6.7 billion in 2023 and is projected to reach USD 11.9 billion by 2028, at a CAGR of 12.1% from 2023 to 2028
    This market study covers the maritime patrol aircraft market across various segments and subsegments.
  • The maritime patrol aircraft market is experiencing growth driven by escalating maritime security concerns.
  • The combat support segment in the maritime patrol aircraft market is being driven by evolving global security dynamics.
  • North America's commitment to upholding maritime dominance and safeguarding crucial trade routes drives the demand for maritime patrol aircraft, establishing the region as a key player in the global maritime patrol aircraft market.

Scholastic Appoints Haji Glover as Chief Financial Officer

Retrieved on: 
Monday, January 8, 2024
CFO, Amazon, Honeywell, International, Business administration, Ford Motor Company, Education, Lehigh University, Binghamton University, Growth, PXT, Lockheed Martin, Corporate finance, Senior, Management

NEW YORK, Jan. 8, 2024 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that Haji Glover has been named Scholastic's Executive Vice President & Chief Financial Officer, effective January 22, 2024.

Key Points: 
  • NEW YORK, Jan. 8, 2024 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that Haji Glover has been named Scholastic's Executive Vice President & Chief Financial Officer, effective January 22, 2024.
  • Mr. Glover will be a member of the executive committee and report to Scholastic President and CEO Peter Warwick in New York.
  • As someone who knows Scholastic well, Haji is well positioned to drive change and impact here, using his experience and perspective.
  • Mr. Glover brings over 27 years of financial planning, analysis and corporate finance experience to Scholastic.

Defense Logistics Market size to increase by USD 3.95 billion during 2023-2028, The adoption of multidimensional defense logistics to drive the growth - Technavio

Retrieved on: 
Sunday, January 7, 2024
Lockheed Martin, DB Schenker, DL, Thales Group, Navy, USD, Sample, Food, Clothing, Free, System, Nature, Integrated logistics support, Military, MRO, Spare parts management, Movement, Northrop Grumman, Asset management, Army, YOY, Medicine, Supply chain, KBR (company), Military logistics, Honeywell, CMA, ILS, Transport, Defense, Fluor Corporation, Growth, Arms industry

The defense logistics market size is expected to grow by USD 3.95 billion between 2023 and 2028.

Key Points: 
  • The defense logistics market size is expected to grow by USD 3.95 billion between 2023 and 2028.
  • The adoption of multidimensional defense logistics is one of the key defense logistics market trends fueling the market growth.
  • The growth of the Defense Logistics (DL) Market is driven by the embrace of multidimensional defense logistics strategies.
  • It strains Defense Packaging Solutions and hampers efforts to fortify Defense Supply Chain Resilience, underscoring the need for enhanced Defense Logistics Technology to adapt to the changing landscape in defense logistics.

Flow Battery Market size to grow by USD 510.03 million from 2022 to 2027, Growth driven by the high demand for consumer electronics - Technavio

Retrieved on: 
Saturday, January 6, 2024
Lockheed Martin, Lithium, BASF, Electrolyte, EVS, Electricity, USD, NEL, Growth, Silicon, Electric battery

NEW YORK, Jan. 5, 2024 /PRNewswire/ -- The flow battery market is expected to grow by USD 510.03 million from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Jan. 5, 2024 /PRNewswire/ -- The flow battery market is expected to grow by USD 510.03 million from 2022 to 2027, according to Technavio.
  • The global off-grid flow battery market is expected to grow rapidly during the forecast period due to the Increasing demand for battery energy storage to address the erratic nature of renewables.
  • Imperative Insights on the following aspects:
    What was the size of the global flow battery market by value?
  • The lithium silicon battery market size is estimated to grow at a CAGR of 54.43% between 2022 and 2027.

NASA Sets Coverage for X-59 Quiet Supersonic Aircraft Rollout

Retrieved on: 
Friday, January 5, 2024
Skunk Works, X-59, Social media, EST, NASA, RSVP, Flight Log, Name, Television, Multimedia, Lockheed Martin, Aircraft, NASA TV, Communications satellite

WASHINGTON, Jan. 5, 2024 /PRNewswire/ -- NASA will provide live coverage as it reveals its X-59 aircraft at 4 p.m. EST on Friday, Jan. 12, as part of the agency's Quesst mission to make commercial supersonic flight possible.

Key Points: 
  • WASHINGTON, Jan. 5, 2024 /PRNewswire/ -- NASA will provide live coverage as it reveals its X-59 aircraft at 4 p.m. EST on Friday, Jan. 12, as part of the agency's Quesst mission to make commercial supersonic flight possible.
  • The ceremony and rollout of the aircraft will stream live on the NASA+ streaming service.
  • Coverage also will air on NASA Television, the NASA app , YouTube , and on the agency's website .
  • In addition to the on-site events, NASA will host a teleconference after the ceremony for members of the media.