Leonardo

AWS Announces Amazon EC2 Capacity Blocks for ML Workloads

Retrieved on: 
Tuesday, October 31, 2023

Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), today announced the general availability of Amazon Elastic Compute Cloud (EC2) Capacity Blocks for ML, an industry-first consumption model that enables any customer to access highly sought-after GPU compute capacity to run their short duration machine learning (ML) workloads.

Key Points: 
  • Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), today announced the general availability of Amazon Elastic Compute Cloud (EC2) Capacity Blocks for ML, an industry-first consumption model that enables any customer to access highly sought-after GPU compute capacity to run their short duration machine learning (ML) workloads.
  • With EC2 Capacity Blocks, customers can reserve hundreds of NVIDIA GPUs colocated in Amazon EC2 UltraClusters designed for high-performance ML workloads.
  • EC2 Capacity Blocks help ensure customers have reliable, predictable, and uninterrupted access to the GPU compute capacity required for their critical ML projects.
  • With EC2 Capacity Blocks, customers can reserve the amount of GPU capacity they need for short durations to run their ML workloads, eliminating the need to hold onto GPU capacity when not in use.

Leonardo DRS Awarded Contract for Prototype Next-Generation Joint Effects Targeting System II for Forward Observers

Retrieved on: 
Monday, October 30, 2023

Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a contract to produce a prototype of the next-generation Joint Effects Targeting System II (JETS II) multi-sensor targeting technology for Forward Observers.

Key Points: 
  • Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a contract to produce a prototype of the next-generation Joint Effects Targeting System II (JETS II) multi-sensor targeting technology for Forward Observers.
  • The 30-month performance prototype contract was awarded by the U.S. Army.
  • The updated JETS II hand-held precision laser targeting system provides Forward Observers the capability to call in precision munitions in a wide range of combat scenarios, leading to higher target success rates and greater protection for our warfighters on the ground.
  • The system improves upon and adds enhanced technologies for the users, significantly reducing weight and improving precision accuracy making the system a battlefield multiplier.

Cyber security: technology and skills at the heart of Cybertech Europe, Leonardo SpA presents new industrial plan ready for 2024

Retrieved on: 
Thursday, October 5, 2023

These are the themes that fuelled Cybertech Europe 2023, organised in partnership with Leonardo SpA.

Key Points: 
  • These are the themes that fuelled Cybertech Europe 2023, organised in partnership with Leonardo SpA.
  • Leonardo announced its new industrial plan is set to be ready by the beginning of 2024.
  • As CEO and former Minister of Ecological Transition Roberto Cingolani stated, this plan will rest on two pillars: Space and cyber security.
  • Cybertech Europe has reached its sixth edition and is primarily dedicated to cyber security.

Leonardo DRS On Board Vehicle Power System Shines in Major U.S. Army Evaluation

Retrieved on: 
Monday, October 9, 2023

Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has successfully demonstrated its On Board Vehicle Power (OBVP) technology to provide vehicle-based electrical power in support of vehicle-based weapon systems.

Key Points: 
  • Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has successfully demonstrated its On Board Vehicle Power (OBVP) technology to provide vehicle-based electrical power in support of vehicle-based weapon systems.
  • The OBVP demonstration was part of a recent U.S. Army Operational User Assessment focused on vehicle to vehicle, and vehicle to grid power generation and power management.
  • The DRS OBVP system is a vehicle-based generator using a permanent magnet machine integrated within an Allison transmission that provides electrical power to support operations in remote areas.
  • DRS solutions are leading the way in providing mission assured power to support the increased power requirements of current and future Navy ships and Army platforms.

Leonardo DRS Celebrates Five Years of Going Pink at AUSA to Raise Money for Military Women and Family Members Suffering from Breast Cancer

Retrieved on: 
Friday, October 6, 2023

Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it will celebrate its fifth year of sponsoring the “Stick It to Cancer” fundraiser at the United States Army (AUSA) expo in Washington, D.C. to recognize Breast Cancer Awareness Month, and support military members and their families dealing with breast cancer.

Key Points: 
  • Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it will celebrate its fifth year of sponsoring the “Stick It to Cancer” fundraiser at the United States Army (AUSA) expo in Washington, D.C. to recognize Breast Cancer Awareness Month, and support military members and their families dealing with breast cancer.
  • Leonardo DRS is again partnering with The Henry M. Jackson Foundation for the Advancement of Military Medicine (HJF) to raise awareness of breast cancer.
  • DRS will donate to HJF to support its breast cancer programs including the Look Good, Feel Better program, which gives active and retired military women, men, and family members affected by breast cancer an improved quality of life as they undergo and recuperate from cancer treatment.
  • For every sticker placed on the Wall, DRS will donate $10 dollars to HJF to support breast cancer programs including the Look Good, Feel Better program, up to $20,000.

Leonardo DRS to Host Investor Day in New York on March 14, 2024

Retrieved on: 
Tuesday, October 3, 2023

Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has announced that it will host its investor day on Thursday, March 14, 2024 with presentations scheduled to begin at 9:00 a.m. (ET) in midtown Manhattan near the Nasdaq MarketSite.

Key Points: 
  • Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has announced that it will host its investor day on Thursday, March 14, 2024 with presentations scheduled to begin at 9:00 a.m. (ET) in midtown Manhattan near the Nasdaq MarketSite.
  • This event will feature presentations by senior members of the Leonardo DRS management team who will provide further insight into the Company’s differentiated portfolio, strategic priorities, operations and growth outlook.
  • Analysts, institutional investors and others interested in attending in person should contact Steve Vather (Vice President, Investor Relations and Corporate Finance) at [email protected] to preregister in advance.
  • The live audio broadcast of the investor day with corresponding press release and supplemental information will be available on the Company’s investor relations website.

Leonardo DRS Schedules Third Quarter 2023 Earnings Conference Call for November 2, 2023

Retrieved on: 
Monday, October 2, 2023

Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has scheduled a conference call for Thursday, November 2, 2023 beginning at 10:00 a.m. (ET) to discuss its third quarter 2023 results.

Key Points: 
  • Leonardo DRS, Inc. (Nasdaq and TASE: DRS) has scheduled a conference call for Thursday, November 2, 2023 beginning at 10:00 a.m. (ET) to discuss its third quarter 2023 results.
  • The company plans to issue its quarterly earnings press release prior to the conference call.
  • The live audio broadcast of Leonardo DRS’s conference call with corresponding press release and supplemental information will be available on the company’s investor relations website.
  • A replay will be available on the company’s website approximately two hours after the conclusion of the conference call and will remain available for 90 days.

Leonardo DRS Announces Voluntary Delisting from the Tel Aviv Stock Exchange

Retrieved on: 
Wednesday, September 27, 2023

Pursuant to Israeli law, the delisting of Leonardo DRS’s common stock is expected to take effect three months following the date of the Company’s request to the TASE to delist the Company’s common stock, which occurred on September 27, 2023.

Key Points: 
  • Pursuant to Israeli law, the delisting of Leonardo DRS’s common stock is expected to take effect three months following the date of the Company’s request to the TASE to delist the Company’s common stock, which occurred on September 27, 2023.
  • During the interim period, Leonardo DRS’s common stock will continue to be traded on the TASE.
  • The delisting in Israel will not affect Leonardo DRS’s continued listing on Nasdaq under the symbol “DRS” and all shares of common stock now traded on the TASE may be transferred to Nasdaq.
  • “We are grateful to all of the investors who traded our common stock on the TASE and thank them for their ongoing support.”

CytoVeris Inc. Appoints Fredric Moll, MD as Strategic Advisor

Retrieved on: 
Tuesday, September 12, 2023

FARMINGTON, Conn., Sept. 12, 2023 /PRNewswire-PRWeb/ -- CytoVeris Inc., a medical device company developing intraoperative tissue visualization technologies to improve surgical decision making, today announced that Dr. Fredric Moll, MD has joined the company as a Strategic Advisor to both the board and management team. Dr. Moll has a long history as a visionary in the field of surgical robotics and has founded several noteworthy companies, including surgical robotics company Auris Health, which was acquired by Johnson & Johnson in 2019. Dr. Moll joined J&J as Chief Development Officer as part of the acquisition.

Key Points: 
  • FARMINGTON, Conn., Sept. 12, 2023 /PRNewswire-PRWeb/ -- CytoVeris Inc., a medical device company developing intraoperative tissue visualization technologies to improve surgical decision making, today announced that Dr. Fredric Moll, MD has joined the company as a Strategic Advisor to both the board and management team.
  • Dr. Moll joined J&J as Chief Development Officer as part of the acquisition.
  • Dr. Moll holds an MD from the University of Washington School of Medicine, an MS in Management from Stanford University, and a B.A.
  • "We are thrilled that Dr. Moll will help guide CytoVeris' development strategy for our AI-powered tissue imaging technology in minimally invasive surgery and robotic applications," said Alan Kersey, CytoVeris' President and CEO.

Edge Of AI Podcast Launches with Industry-Leading Guests

Retrieved on: 
Thursday, July 27, 2023

Sarasota, FL, July 27, 2023 (GLOBE NEWSWIRE) -- The Edge Of Company is thrilled to announce the highly anticipated launch of the Edge Of AI Podcast, a captivating exploration into the depths of the artificial intelligence (AI) universe.

Key Points: 
  • Sarasota, FL, July 27, 2023 (GLOBE NEWSWIRE) -- The Edge Of Company is thrilled to announce the highly anticipated launch of the Edge Of AI Podcast, a captivating exploration into the depths of the artificial intelligence (AI) universe.
  • With the launch of the Edge Of AI Podcast, the company aims to provide informative and engaging content that demystifies AI for the layperson and inspires leaders and makers in the AI space.
  • The Edge Of AI Podcast launch coincides with the rising importance of AI in shaping various industries and the global landscape.
  • As AI continues to revolutionize our world, the podcast aims to foster dialogue, knowledge-sharing, and collaboration among experts, thought leaders, and enthusiasts.