White House

The API Innovation Center, Apertus Pharmaceuticals Bring API Production of Critical Generic Cancer Drug to U.S. Soil

Retrieved on: 
Tuesday, April 9, 2024

“Apertus Pharmaceuticals is proud to be selected as the contract manufacturer for lomustine,” said David Gindelberger, president and chief scientific officer of Apertus Pharmaceuticals.

Key Points: 
  • “Apertus Pharmaceuticals is proud to be selected as the contract manufacturer for lomustine,” said David Gindelberger, president and chief scientific officer of Apertus Pharmaceuticals.
  • "The St. Louis region is at the forefront of emerging technologies and API production,” said Sen. Brian Williams, D- St. Louis.
  • In 2023, the API Innovation Center was awarded $9.5 million from the Missouri Technology Corporation’s Advanced Manufacturing Resiliency Grant Program.
  • With this support, the API Innovation Center is investing in building a regional hub for drug advanced manufacturing, establishing Missouri as a leader in domestic API production to secure the U.S. essential drug supply chain.

Riverbed Survey Reveals Public Sector Has Renewed Focus on Empowering Employees and Citizens Using Tech that Enhances Digital Experiences

Retrieved on: 
Tuesday, April 9, 2024

Riverbed, the leader in Unified Observability, today announced findings for the public sector from its Global Digital Employee Experience (DEX) Survey.

Key Points: 
  • Riverbed, the leader in Unified Observability, today announced findings for the public sector from its Global Digital Employee Experience (DEX) Survey.
  • Gain Access to the Public Sector Infographic Here: https://rvbd.ly/49JJoDL
    Every industry is facing a talent shortage, and the public sector is no exception.
  • In fact, 86% of the public sector leaders surveyed believe they’ll need to provide more advanced digital experiences as a fresh generation of employees enter the workforce.
  • This aligns with Riverbed’s findings – as 80% of public sector leaders surveyed are planning to accelerate digital experience adoption and implementation.

Easterly Government Properties Schedules First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Tuesday, April 9, 2024

Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its first quarter 2024 financial results on April 30, 2024.

Key Points: 
  • Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its first quarter 2024 financial results on April 30, 2024.
  • A conference call will be held Tuesday, April 30, 2024, at 11:00am Eastern time.
  • The management team will review first quarter performance, discuss recent events and conduct a question-and-answer session.
  • There will also be a live audio, listen-only webcast of the call on the Investor Relations section of Easterly’s Investor Relations website at ir.easterlyreit.com .

Procurement Sciences AI Raises $10M in Series A Funding to Revolutionize the Government Contracting Business-Development Process

Retrieved on: 
Tuesday, April 9, 2024

Procurement Sciences AI (“PSci.AI”), the next-generation bidding-intelligence platform for government contractors, today announced that it has raised $10M in Series A funding.

Key Points: 
  • Procurement Sciences AI (“PSci.AI”), the next-generation bidding-intelligence platform for government contractors, today announced that it has raised $10M in Series A funding.
  • Brandon Gleklen from Battery Ventures and Jared Young from Tower Research will join the Procurement Sciences board of directors.
  • "We launched Procurement Sciences with the mission of addressing the industry's biggest pain points by adopting a generative AI-first approach," stated Christian Ferreira, founder and CEO of Procurement Sciences AI.
  • We are honored to partner with Procurement Sciences to support that mission.”
    For more information about Procurement Sciences or to request a product demo, please visit: https://ProcurementSciences.com/ or https://Awarded.AI/

Cognyte Reports Fourth Quarter and Fiscal Year Ended January 31, 2024 Financial Results

Retrieved on: 
Tuesday, April 9, 2024

“The fourth quarter was a strong finish to a productive year for Cognyte,” said Elad Sharon, Cognyte’s chief executive officer.

Key Points: 
  • “The fourth quarter was a strong finish to a productive year for Cognyte,” said Elad Sharon, Cognyte’s chief executive officer.
  • Our customers are facing evolving challenges and recognize the strength of our differentiated technology and the value it delivers.
  • “We have leverage in our financial model and are focusing on driving margin expansion.
  • ET to discuss our results for the three months and year ended January 31, 2024.

Cadmus Awarded $27 Million Contract to Launch U.S. Department of Transportation Reconnecting Communities Institute

Retrieved on: 
Tuesday, April 9, 2024

Cadmus, a leading provider of technical and strategic expertise to governments, energy utilities, and private sector companies worldwide, has been awarded up to $27 million to establish and administer the U.S. Department of Transportation’s (DOT) Reconnecting Communities Institute (RCI).

Key Points: 
  • Cadmus, a leading provider of technical and strategic expertise to governments, energy utilities, and private sector companies worldwide, has been awarded up to $27 million to establish and administer the U.S. Department of Transportation’s (DOT) Reconnecting Communities Institute (RCI).
  • The contract, managed by the Build America Bureau (Bureau), underscores Cadmus' extensive experience in delivering place-based technical assistance and transportation solutions to federal, state, and local government clients.
  • Under this contract, the RCI will serve as the Bureau’s center for learning and capacity building, empowering communities to develop and execute reconnection projects.
  • With the recent contract award, Cadmus and its partners are working to rapidly stand up the RCI, which will fully launch later this year.

Fairbanks Morse Defense Reshaping U.S. Shipbuilding Supply Chain with Strategic Acquisitions

Retrieved on: 
Monday, April 8, 2024

Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .

Key Points: 
  • Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .
  • “ Revitalizing the U.S. shipbuilding industry requires us to adopt a new approach, but we can’t do that if we don’t have control over our national defense supply chain ,” said Fairbanks Morse Defense CEO George Whittier.
  • U.S. shipbuilding has declined since the 1980s when Federal policies supporting a robust American shipbuilding industry were abandoned.
  • Of the six U.S. companies manufacturing large medium-speed diesel engines before 1980, Fairbanks Morse Defense is the only remaining domestic producer.

Oklo Signs LOI to Supply 50 Megawatts of Power to Diamondback Energy

Retrieved on: 
Monday, April 8, 2024

Oklo Inc. (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, announces an agreement with Diamondback Energy Inc. (“Diamondback”) (NASDAQ: FANG), the largest independent producer headquartered in the shale-oil region to collaborate on a long-term Power Purchase Agreement (“PPA”).

Key Points: 
  • Oklo Inc. (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, announces an agreement with Diamondback Energy Inc. (“Diamondback”) (NASDAQ: FANG), the largest independent producer headquartered in the shale-oil region to collaborate on a long-term Power Purchase Agreement (“PPA”).
  • View the full release here: https://www.businesswire.com/news/home/20240408533423/en/
    The LOI signed by Diamondback outlines its intent to enter into a 20-year PPA with Oklo.
  • According to the terms of the LOI, Oklo intends to license, build, and operate powerhouses capable of generating 50 MW of electric power to Diamondback E&P LLC, a wholly owned subsidiary of Diamondback near Midland, Texas.
  • The collaboration between Oklo and Diamondback represents a significant step towards emissions reductions and supporting national energy security by providing reliable access to electricity to power domestic energy operations.

JPMorgan Chase Increases Housing Affordability Commitments With Additional $20 Million in Philanthropy and Expanded Customer Offerings

Retrieved on: 
Monday, April 8, 2024

JPMorgan Chase is increasing its housing affordability commitments across the U.S. with expanded philanthropic capital and consumer lending products.

Key Points: 
  • JPMorgan Chase is increasing its housing affordability commitments across the U.S. with expanded philanthropic capital and consumer lending products.
  • “Healthy communities are integral to our business model, and affordable housing opportunities are vital to creating strong communities and building intergenerational wealth,” said Tim Berry, Global Head of Corporate Responsibility, JPMorgan Chase.
  • “The private sector has an important role to play alongside non-profit organizations and policymakers in advancing housing affordability, including increasing access to homeownership.
  • Delivering Impact with Organizations in Washington, DC and Across the Country
    Today’s philanthropic announcement builds on JPMorgan Chase’s $400 million five-year commitment to improve housing affordability and stability for underserved households.

Offshore Wind Energy Facility “Vineyard Wind 1” Wins Prestigious 2024 EBC Ruth H. Silman Award for Climate Change from Environmental Business Council of New England

Retrieved on: 
Tuesday, April 9, 2024

Epsilon Associates, Inc. (Epsilon) is pleased to announce that the Environmental Business Council of New England (EBC) has awarded its prestigious “EBC Ruth H. Silman Award for Climate Change Project of the Year” to Vineyard Wind 1.

Key Points: 
  • Epsilon Associates, Inc. (Epsilon) is pleased to announce that the Environmental Business Council of New England (EBC) has awarded its prestigious “EBC Ruth H. Silman Award for Climate Change Project of the Year” to Vineyard Wind 1.
  • The Vineyard Wind 1 energy generation facility, a joint venture between Avangrid and Copenhagen Infrastructure Partners, is the first large-scale offshore wind project in the United States.
  • Located on the outer continental shelf, the 806 MW facility consists of 62 wind turbines over 800 feet high.
  • Vineyard Wind 1 first delivered energy to the grid on January 2, 2024, through the substation in Hyannis, Massachusetts.