Air force

Defense Unicorns Raises $35 Million Series A to Advance National Security through Open Source Software

Retrieved on: 
Thursday, March 7, 2024

Defense Unicorns , a software startup providing open source software and AI capabilities for National Security systems, today announced it has raised a $35 million Series A funding round led by Sapphire Ventures and Ansa Capital .

Key Points: 
  • Defense Unicorns , a software startup providing open source software and AI capabilities for National Security systems, today announced it has raised a $35 million Series A funding round led by Sapphire Ventures and Ansa Capital .
  • Leveraging Defense Unicorns’ solutions, national security systems can quickly adopt modern technologies wherever the mission happens, whether in space, undersea or elsewhere.
  • Powered by these projects, Defense Unicorns currently offers three core capabilities as a service: Your App Your Environment (YAYE), Software Factory and AI for National Security .
  • Defense Unicorns has over 125 employees and is currently hiring for a number of roles, including product managers, data scientists, platform engineers, software engineers and more.

Precisely Promotes Christopher Hall to Chief Product Officer

Retrieved on: 
Wednesday, March 6, 2024

Precisely , the global leader in data integrity, today announced it has promoted Christopher Hall to Chief Product Officer.

Key Points: 
  • Precisely , the global leader in data integrity, today announced it has promoted Christopher Hall to Chief Product Officer.
  • In his new role, Christopher will oversee product strategies and roadmaps for the entire Precisely product portfolio, including the continued innovation and delivery of the Data Integrity Suite .
  • “Chris brings to Precisely a unique skillset that includes strong operational excellence and expertise to successfully drive our product direction and development.
  • He has the SaaS background and market experience that’s essential to lead our product organization as we continue to innovate and scale our Data Integrity Suite and the rest of our product portfolio,” said Eric Yau, Chief Operating Officer at Precisely.

Boingo Wireless Releases Military 5G Guide: ‘The Critical Role of 5G and Wi-Fi on U.S. Military Bases’

Retrieved on: 
Wednesday, March 6, 2024

Boingo Wireless , a leading provider of wireless solutions for the U.S. military, has released a new technology eBook titled “The Critical Role of 5G and Wi-Fi on U.S. Military Bases,” available now for download .

Key Points: 
  • Boingo Wireless , a leading provider of wireless solutions for the U.S. military, has released a new technology eBook titled “The Critical Role of 5G and Wi-Fi on U.S. Military Bases,” available now for download .
  • The Boingo eBook advises how military leadership can leverage next generation wireless connectivity and cybersecurity to bolster mission readiness, establish installation resilience and enhance the lives of service members.
  • View the full release here: https://www.businesswire.com/news/home/20240306014874/en/
    Download Boingo’s 5G eBook for Department of Defense and military leadership.
  • Critical wireless technologies: Accelerate critical innovation and troop connectivity with converged, reliable network solutions that feature 5G, Wi-Fi 7, edge cloud, network slicing and Open RAN.

Box Reports Fiscal Fourth Quarter and Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, March 5, 2024

Box, Inc. (NYSE:BOX), the leading Content Cloud, today announced preliminary financial results for the fourth quarter and fiscal year 2024, which ended January 31, 2024.

Key Points: 
  • Box, Inc. (NYSE:BOX), the leading Content Cloud, today announced preliminary financial results for the fourth quarter and fiscal year 2024, which ended January 31, 2024.
  • Non-GAAP operating income in the fourth quarter of fiscal year 2024 was $70.1 million, or 26.7% of revenue.
  • Non-GAAP diluted net income per share attributable to common stockholders in the fourth quarter of fiscal year 2024 was $0.42.
  • Non-GAAP free cash flow in the fourth quarter of fiscal year 2024 was $81.8 million, a 10% increase from non-GAAP free cash flow of $74.7 million in the fourth quarter of fiscal year 2023.

Modiv Industrial Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, March 4, 2024

Modiv Industrial, Inc. (“Modiv Industrial”, “Modiv”, the “Company”, “we” or “our”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Modiv Industrial, Inc. (“Modiv Industrial”, “Modiv”, the “Company”, “we” or “our”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the fourth quarter and full year ended December 31, 2023.
  • Fourth quarter revenue of $12.3 million increased $2.3 million year-over-year, or 23%, excluding the 2022 lease termination fee.
  • Fourth quarter AFFO of $4.5 million, or $0.40 per diluted share, exceeding street expectations by $0.05 per share.
  • January 31, 2024, completed the stock distribution of Generation Income Properties, Inc. (NASDAQ: GIPR), common stock to the stockholders of Modiv Industrial.

DLA Piper Advises Arlington Capital Partners in the Formation of Defense Manufacturing Company “Keel”

Retrieved on: 
Thursday, February 29, 2024

DLA Piper advised Arlington Capital Partners (Arlington), a Washington, DC-area private investment firm specializing in government regulated industries, in the formation of Keel Holdings, (Keel), a leading manufacturer of complex structures for the highest priority programs within the Navy, Army, and Air Force.

Key Points: 
  • DLA Piper advised Arlington Capital Partners (Arlington), a Washington, DC-area private investment firm specializing in government regulated industries, in the formation of Keel Holdings, (Keel), a leading manufacturer of complex structures for the highest priority programs within the Navy, Army, and Air Force.
  • The company was formed through the merger of existing Arlington portfolio company Pegasus Steel with the newly completed acquisitions of Metal Trades and Merrill Technologies Group.
  • With more than one million square feet of manufacturing floor space and approximately 700 employees, Keel will offer its customers a vertically integrated suite of design, engineering, fabrication, machining, integration, assembly, finishing, and surface treatment capabilities across its nine facilities in Michigan and South Carolina.
  • The Company’s locations include a facility strategically located with direct frontage to deep water that allows for large module delivery by barge to submarine and aircraft carrier customers.

Mercedes-AMG PETRONAS F1 Joins Forces with BetterUp in Their Team’s Relentless Pursuit of Excellence

Retrieved on: 
Tuesday, February 27, 2024

BetterUp® , the human transformation company and inventor of virtual coaching, today announced a North American supplier partnership with the Mercedes-AMG PETRONAS F1 Team.

Key Points: 
  • BetterUp® , the human transformation company and inventor of virtual coaching, today announced a North American supplier partnership with the Mercedes-AMG PETRONAS F1 Team.
  • The partnership is designed to enhance the wellbeing, resilience, and readiness of every member of the Mercedes F1 Team through the human transformation and 1:1 coaching capabilities of BetterUp.
  • View the full release here: https://www.businesswire.com/news/home/20240227717797/en/
    BetterUp announced a North American supplier partnership with the Mercedes-AMG PETRONAS F1 Team.
  • Pictured is BetterUp CEO and Co-founder Alexi Robichaux and Toto Wolff, CEO and Team Principal of the Mercedes-AMG PETRONAS F1 Team.

Amway Honors ‘Heroes’ for Significant Contributions to Community and Country

Retrieved on: 
Monday, February 26, 2024

Since retiring from the military, Rochelle has continued to play a pivotal role as a community builder — at home in Monument, Colorado and beyond.

Key Points: 
  • Since retiring from the military, Rochelle has continued to play a pivotal role as a community builder — at home in Monument, Colorado and beyond.
  • Bruce Kanegai’s commitment to his community in Simi Valley, California, shines through his successful thirty-four year-long teaching career.
  • He continues to inspire others through his devotion to his charitable work and as a business owner with Amway.
  • AMWAY® and the related AMWAY® logo are trademarks of Alticor Inc. Other trademarks included in this press release are the property of their respective owners.

Leidos awarded $158 million U.S. Air Force command and control emergency management contract

Retrieved on: 
Thursday, March 7, 2024

RESTON, Va., March 7, 2024 /PRNewswire/ -- Leidos (NYSE: LDOS), a Fortune 500® innovation leader, was recently awarded a follow-on prime contract to develop and expand the Air Force's Command and Control Incident Management Emergency Response Application (C2IMERA).

Key Points: 
  • RESTON, Va., March 7, 2024 /PRNewswire/ -- Leidos (NYSE: LDOS), a Fortune 500® innovation leader, was recently awarded a follow-on prime contract to develop and expand the Air Force's Command and Control Incident Management Emergency Response Application (C2IMERA).
  • The single-award contract was awarded by Kessel Run, a division within the Air Force Life Cycle Management Center.
  • "Our collaboration with the Air Force in maturing C2IMERA's command and control capability now spans a decade.
  • Under the contract, Leidos will continue to develop C2IMERA and work to expand the system to include all Air Force installations, associated forward operating locations, and contingency locations for command and control and emergency management requirements.

Operation Homefront Promotes Robert D. Thomas to President and Chief Operating Officer

Retrieved on: 
Monday, March 4, 2024

SAN ANTONIO, March 4, 2024 /PRNewswire-PRWeb/ -- Operation Homefront's Board of Directors announced today that Brig. Gen. (ret.) Robert D. Thomas has been promoted to President and Chief Operating Officer. In this capacity, Thomas will oversee the day-to-day operations of the organization. He will leverage his military background and more than eight years of experience at Operation Homefront to lead programs, services, and the multi-functional teams across the organization that provide relief and recurring family support throughout the year to tens of thousands of military families.

Key Points: 
  • SAN ANTONIO, March 4, 2024 /PRNewswire-PRWeb/ -- Operation Homefront's Board of Directors announced today that Brig.
  • Robert D. Thomas has been promoted to President and Chief Operating Officer.
  • Thomas joined the Operation Homefront executive team in August 2015 following a nearly 31-year career of distinguished service in the Air Force.
  • "Bob has done a superb job as our Chief Operating Officer for the past 8+ years and is ready for this expanded role.