SNC

Colorado Launches State Medicaid eConsult Platform

Retrieved on: 
Tuesday, March 19, 2024

Safety Net Connect (SNC), a leading provider of advanced virtual care solutions, announced the launch of the Colorado Medicaid eConsult platform by the Colorado Department of Health Care Policy & Financing (HCPF) to improve access to specialty care advice for Members across the state.

Key Points: 
  • Safety Net Connect (SNC), a leading provider of advanced virtual care solutions, announced the launch of the Colorado Medicaid eConsult platform by the Colorado Department of Health Care Policy & Financing (HCPF) to improve access to specialty care advice for Members across the state.
  • By implementing statewide eConsult, Colorado is taking a significant step towards enhancing healthcare equity and improving access for Members.
  • Starting February 1, 2024, PCMPs can use the web-based Colorado Medicaid eConsult platform to transmit secure eConsult requests to specialists.
  • Health First Colorado Providers will have access to Colorado Medicaid eConsult for free.

Army Selects Palantir to Deliver TITAN Next Generation Deep-Sensing Capability in Prototype Maturation Phase

Retrieved on: 
Wednesday, March 6, 2024

Building off Palantir’s prior work delivering AI capabilities for the warfighter, Palantir is deploying the Army’s first AI-defined vehicle.

Key Points: 
  • Building off Palantir’s prior work delivering AI capabilities for the warfighter, Palantir is deploying the Army’s first AI-defined vehicle.
  • Their mutual focus on openness, interoperability, and modularity enables the team to deliver modern capabilities to the warfighter at rapid speeds.
  • Building on Palantir’s years of experience bringing AI-enabled capabilities to warfighters, Palantir is now proud to deliver the Army’s first AI-defined vehicle,” said Akash Jain, President, Palantir USG.
  • This award is a successful progression of the Army’s competitive, software-centric approach to the June 2022 competitive prototyping phase of the TITAN Program.

Allient Reports 34% Operating Income Growth on Revenue of $578.6 Million in 2023

Retrieved on: 
Tuesday, March 5, 2024

Excluding the favorable impact of foreign currency exchange rate fluctuations on revenue of $1.6 million, organic growth was approximately 6%.

Key Points: 
  • Excluding the favorable impact of foreign currency exchange rate fluctuations on revenue of $1.6 million, organic growth was approximately 6%.
  • As a result, operating income was $7.0 million, or 5.0% of revenue, compared with $8.2 million, or 6.2% of revenue.
  • As a result, operating income increased 34% to $42.3 million, or 7.3% of sales, compared with $31.7 million, or 6.3% of sales.
  • Cash provided by operating activities improved to a record $45.0 million for the year compared with $5.6 million in 2022.

World View Secures Strategic Series D Funding Led by SNC

Retrieved on: 
Tuesday, February 27, 2024

World View, a global leader in stratospheric exploration and flight, announces the successful opening and initial funding of a Series D round.

Key Points: 
  • World View, a global leader in stratospheric exploration and flight, announces the successful opening and initial funding of a Series D round.
  • (Photo: Business Wire)
    This strategic investment builds upon the multi-year strategic partnership initiated in 2022 between World View and SNC.
  • As part of the Series D funding round, two notable individuals join the World View Board of Directors.
  • “SNC is committed to quality and excellence in performance, and we look forward to enhancing this much-needed capability in coordination with World View."

Allient Announces Acquisition of SNC Manufacturing

Retrieved on: 
Thursday, January 11, 2024

SNC will become a Technology Unit of Allient within the Allied Power Technology Pillar and will report to Ashish Bendre, Corporate VP and Group President.

Key Points: 
  • SNC will become a Technology Unit of Allient within the Allied Power Technology Pillar and will report to Ashish Bendre, Corporate VP and Group President.
  • Richard S. Warzala, Chairman, President and CEO of Allient, commented, “SNC is a solid addition to our Allied Power pillar.
  • “We are honored that John Vette III, selected Allient to carry the legacy of SNC forward after owning and leading the Company for 50+ years.
  • John has built a strong leadership team and Jim Koepke the current President and COO of SNC will continue to lead SNC under Allient as the VP and General Manager of the Technology Unit.

Spire Global Successfully Launched 11 Satellites on SpaceX’s Transporter-9 Mission

Retrieved on: 
Saturday, November 11, 2023

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, successfully launched eleven satellites on the SpaceX Transporter-9 mission from Vandenberg Space Force Base, including ten satellites for Space Services customers and one for Spire’s data and analytics solutions.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, successfully launched eleven satellites on the SpaceX Transporter-9 mission from Vandenberg Space Force Base, including ten satellites for Space Services customers and one for Spire’s data and analytics solutions.
  • Onboard the launch, Spire Space Services had satellites for:
    GHGSat: Spire launched three satellites carrying payloads to monitor greenhouse gas emissions for GHGSat, including the first commercial CO2 sensor and two sensors dedicated to methane monitoring.
  • HiSky: Ella 1, a satellite designed to showcase the capabilities of hiSky’sSmartellite™ ground network, also launched on the mission.
  • Jacobs: Spire launched two satellites for Jacobs, a leader in advanced manufacturing, critical infrastructure, health & life sciences and national security.

Eastern Bankshares, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, October 26, 2023

The release of the Company’s quarterly financial results follows its September 19, 2023 announcement of the sale of the insurance operations of Eastern Insurance Group, LLC (“Eastern Insurance”) (“the insurance transaction”) and the pending merger with Cambridge Bancorp (“Cambridge”) (“the merger”).

Key Points: 
  • The release of the Company’s quarterly financial results follows its September 19, 2023 announcement of the sale of the insurance operations of Eastern Insurance Group, LLC (“Eastern Insurance”) (“the insurance transaction”) and the pending merger with Cambridge Bancorp (“Cambridge”) (“the merger”).
  • Regarding the Company’s third quarter financial results, Mr. Rivers commented, “Our results continue to demonstrate our robust capital position and the strength of our franchise.
  • Net interest income was $137.2 million for the third quarter of 2023, compared to $141.6 million in the prior quarter, representing a decrease of $4.4 million.
  • A conference call and webcast covering Eastern’s third quarter 2023 earnings will be held on Friday, October 27, 2023 at 9:00 a.m. Eastern Time.

SNC-LAVALIN CHANGING NAME TO ATKINSRÉALIS - A NEW NAME, A NEW ERA

Retrieved on: 
Tuesday, September 12, 2023

Headquartered in Montréal, Canada, AtkinsRéalis combines the expertise of its 36,000 employees across markets and regions to deliver end-to-end solutions in the built and natural environments.

Key Points: 
  • Headquartered in Montréal, Canada, AtkinsRéalis combines the expertise of its 36,000 employees across markets and regions to deliver end-to-end solutions in the built and natural environments.
  • I could not be prouder of our team's dedication to the success of this Company", said Ian L. Edwards, President and CEO of AtkinsRéalis.
  • "Réalis" also resembles the verb "to realize" or "to make happen" which emphasizes our focus on outcomes and project delivery.
  • As of September 13, the Company's new brand and associated visual identity will be used on all communications materials.

SNC-LAVALIN CHANGING NAME TO ATKINSRÉALIS - A NEW NAME, A NEW ERA

Retrieved on: 
Tuesday, September 12, 2023

Headquartered in Montréal, Canada, AtkinsRéalis combines the expertise of its 36,000 employees across markets and regions to deliver end-to-end solutions in the built and natural environments.

Key Points: 
  • Headquartered in Montréal, Canada, AtkinsRéalis combines the expertise of its 36,000 employees across markets and regions to deliver end-to-end solutions in the built and natural environments.
  • I could not be prouder of our team's dedication to the success of this Company", said Ian L. Edwards, President and CEO of AtkinsRéalis.
  • "Réalis" also resembles the verb "to realize" or "to make happen" which emphasizes our focus on outcomes and project delivery.
  • As of September 13, the Company's new brand and associated visual identity will be used on all communications materials.

Arqit: New Product Launch and Business Update

Retrieved on: 
Thursday, September 7, 2023

LONDON, Sept. 7, 2023 /PRNewswire/ -- Arqit Quantum Inc. (Nasdaq: ARQQ) (Nasdaq: ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the launch of its third application product, Arqit WalletSecure™.

Key Points: 
  • LONDON, Sept. 7, 2023 /PRNewswire/ -- Arqit Quantum Inc. (Nasdaq: ARQQ) (Nasdaq: ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the launch of its third application product, Arqit WalletSecure™.
  • This announcement follows the launch of Arqit's first two applications - TradeSecure™ and NetworkSecure™ - earlier this year.
  • The third application product WalletSecure™ makes any Ethereum-based digital wallet used to store and transact digital asset transactions quantum-safe.
  • The company hopes to announce initial customers for this product in the next few months.