Valkyrie

Kratos Demonstrates XQ-58A Electronic Warfare Capabilities for United States Marine Corps

Retrieved on: 
Tuesday, April 2, 2024
Aircraft, Naval Air Systems Command, Department of Defence, Unmanned aerial vehicle, Marine, Risk, SAN, UAV, Integration, UAS, NAWCAD, F-35, Naval Air Warfare Center, Marine Air-Ground Task Force, MAGTF, Kratos, Grumman, Atmosphere, OUSD, MUX, Defense, Valkyrie, NAVAIR, Jet fuel

The demonstration completes the first phase of the United States Marine Corps’ Penetrating Affordable Autonomous Collaborative Killer – Portfolio (PAACK-P) program.

Key Points: 
  • The demonstration completes the first phase of the United States Marine Corps’ Penetrating Affordable Autonomous Collaborative Killer – Portfolio (PAACK-P) program.
  • Flight test support was provided by the 40th Flight Test Squadron, 96th Test Wing.
  • Flying since 2019, the Kratos XQ-58A Valkyrie is a high-performance, runway-independent tactical UAV capable of long-range flights at high-subsonic speeds.
  • “MUX TACAIR promises to increase the lethality and survivability of our current crewed platforms,” said Lt. Col. Bradley Buick, Cunningham Group Capabilities, Research, and Integration Officer.

Kratos and Shield AI Conduct AI-Piloted Flights on the Kratos Tactical Firejet

Retrieved on: 
Monday, April 1, 2024
Aircraft, Entrepreneurship, Environment, SAN, F-16, AI, UAS, Investment, Shield AI, Defense, Valkyrie, Technology company

Having successfully flown AI pilots on five aircraft — three classes of quadcopters, the MQ-35A V-BAT, and the F-16 in fully autonomous air combat training — Shield AI’s Hivemind AI pilot has now successfully flown on and controlled the Kratos Tactical Firejet.

Key Points: 
  • Having successfully flown AI pilots on five aircraft — three classes of quadcopters, the MQ-35A V-BAT, and the F-16 in fully autonomous air combat training — Shield AI’s Hivemind AI pilot has now successfully flown on and controlled the Kratos Tactical Firejet.
  • These successful flights are a major milestone in the comprehensive integration project as Shield AI and Kratos look to ultimately productize another configuration of the Valkyrie, in this case with Shield AI’s Hivemind AI pilot.
  • It was over three years from signing the contract to flying the F-16; now, it’s less than 180 days for the Kratos Firejet.
  • The vision of portable autonomy software for military hardware has been realized, flown, and deployed by Shield AI,” said Ryan Tseng, Shield AI’s CEO and Co-Founder.

BITB Crosses $2 Billion in Assets, Generates Largest Inflows of Any Crypto Specialist1

Retrieved on: 
Monday, March 11, 2024
Professional Services, Technology, Blockchain, Cryptocurrency, Fintech, Digital Cash Management, Digital Assets, Bitcoin, Russian National Wealth Fund, Theft, Health, Organization, Valkyrie, ETF, Risk, BITB, Share, History, NAV, SMA, Rest, IPO, Life, Lovell Minnick Partners, Loss, Marketing, Prospectus, RIAS, Investment, Fraud, Ecosystem, Commodity Exchange Act, Fund, CEA

Today, over 3,000 wealth teams, RIAs, family offices, and institutional clients trust Bitwise as their specialist partner in the crypto space.

Key Points: 
  • Today, over 3,000 wealth teams, RIAs, family offices, and institutional clients trust Bitwise as their specialist partner in the crypto space.
  • Bitwise’s national team of crypto experts is available to meet with investment professionals any time and in person.
  • Bitwise’s product offerings include five other crypto-themed ETFs, the world’s largest crypto index fund, private placement funds, alpha solutions, and separately managed account (SMA) solutions.
  • As of March 8, 2024, Bitwise has experienced net inflows of $1.35 billion, Valkyrie has experienced net inflows of $264 million, and Grayscale has experienced net outflows of more than $10 billion.

Shield AI Conducts AI-Piloted Flights on Sixth Aircraft, the Kratos MQM-178 Firejet

Retrieved on: 
Friday, March 29, 2024
Aircraft, Kratos XQ-58 Valkyrie, Entrepreneurship, Environment, SAN, F-16, AI, UAS, Homeland security, Investment, Shield AI, Defense, Valkyrie, Navy, Technology company, Hive mind, Airline

SAN DIEGO, March 29, 2024 /PRNewswire/ -- Shield AI, Inc., a defense technology company building the world's best AI pilot, and Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets and an industry-leading provider of high-performance, jet-powered unmanned aerial systems (UAS), today announced the successful completion of the first phase of Shield's AI-piloted flight-testing on-board Kratos platforms as the two companies move toward productizing Shield AI's pilot for the XQ-58 Valkyrie.

Key Points: 
  • Having successfully flown AI pilots on five aircraft — three classes of quadcopters, the MQ-35A V-BAT, and the F-16 in fully autonomous air combat training — Shield AI's Hivemind AI pilot has now successfully flown on and controlled the Kratos MQM-178 Firejet.
  • These successful flights are a major milestone in the comprehensive integration project as Shield AI and Kratos look to ultimately productize another configuration of the Valkyrie, in this case with Shield AI's Hivemind AI pilot.
  • The vision of portable autonomy software for military hardware has been realized, flown, and deployed by Shield AI," said Ryan Tseng, Shield AI's CEO and Co-Founder.
  • The MQM-178 Firejet marks the sixth type of aircraft that our AI pilot Hivemind has flown.

CoinShares strengthens its global reach by completing acquisition of Valkyrie ETF Business

Retrieved on: 
Tuesday, March 12, 2024
Bitcoin, WGMI, ETF, Trust, Acquisition, CS, AUM, Sponsor, BTF, Valkyrie, Cryptocurrency

CoinShares plans to rebrand Valkyrie as the Company's U.S. asset management platform that will concentrate on creating innovative products that stand out in the market.

Key Points: 
  • CoinShares plans to rebrand Valkyrie as the Company's U.S. asset management platform that will concentrate on creating innovative products that stand out in the market.
  • SAINT HELIER, Jersey, March 12, 2024 /PRNewswire/ -- CoinShares International Limited ("CoinShares" or "the Company") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), the leading European investment company specialising in digital assets, today announced the completion of its acquisition of Valkyrie Funds LLC ("Valkyrie"), the investment advisory business of Valkyrie Investments Inc. ("Valkyrie Investments"), as well as the Sponsor rights to the Valkyrie Bitcoin Fund, the physically-backed Bitcoin ETF.
  • As previously announced, CoinShares has held an option to acquire Valkyrie since November 2023, which was exercised following Valkyrie Investments' launch of Valkyrie Bitcoin Fund in January 2024.
  • Looking ahead, CoinShares plans to use the Valkyrie ETF infrastructure to develop its U.S. asset management business, with a clear focus on product innovation and market differentiation.

Kratos Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 13, 2024
Weapon, Radar, Investment, Growth, Sale, RDT, KUS, Probability, Software, Unitary state, Research and development, Defense, KGS, S&T, Communications satellite, GAAP, STS, Pedigree, EPS, TT&C, Total, Forecasting, National security, Valkyrie, Adjustment, Capital expenditure, Public expenditure, Capital, CRA, Acquisition, Hypersonic speed, Technology company, Revenue, Consolidated, Video game

Adjusted earnings per share (EPS) was $0.12 for the fourth quarter of 2023, compared to $0.08 for the fourth quarter of 2022.

Key Points: 
  • Adjusted earnings per share (EPS) was $0.12 for the fourth quarter of 2023, compared to $0.08 for the fourth quarter of 2022.
  • Fourth quarter 2023 Revenues of $273.8 million increased $24.5 million, reflecting 9.8 percent and 7.3 percent organic growth, respectively, from fourth quarter 2022 Revenues of $249.3 million.
  • KUS’s Operating Income was $1.0 million in the fourth quarter of 2023 compared to $1.8 million in the fourth quarter of 2022.
  • KUS’s Adjusted EBITDA for the fourth quarter of 2023 was $4.0 million, compared to fourth quarter 2022 KUS Adjusted EBITDA of $4.5 million, reflecting reduced volume.

Canter Resources' Technical Team Mobilizes to Site for Field Work and Drill Program Preparation

Retrieved on: 
Wednesday, January 17, 2024
Lithium, OTC Markets Group, Large Binocular Telescope, Database, Partnership, Salar, Consultant, Exploration, Data collection, Valkyrie, NOI, Canter and gallop, CRC

The Valkyrie team brings to the Canter partnership a wealth of technical expertise in lithium and critical battery metals exploration through extensive work with industry leaders such as American Lithium and collaborations with respected local prospectors like the Craig family.

Key Points: 
  • The Valkyrie team brings to the Canter partnership a wealth of technical expertise in lithium and critical battery metals exploration through extensive work with industry leaders such as American Lithium and collaborations with respected local prospectors like the Craig family.
  • The partnership with Valkyrie further equips Canter with exclusive access to their comprehensive critical metals targeting database, proprietary technology and over 90 years of collective field experience.
  • The Company has engaged principal hydrogeologist Geoffrey Baldwin and his Reno, NV based Applied Hydrologic Ltd. to work with Canter and its technical team at the Columbus Project.
  • The Company is also working towards finalizing agreements with its preferred dirt work and drill contractors for the Company's Q1/2024 initial phase of drilling at the Columbus Project.

Able Medical Announces 510(k) Clearance of New RIB System Indicated for Thoracic Repair

Retrieved on: 
Thursday, January 25, 2024
Medical Supplies, Health, Medical Devices, Surgery, General Health, Cardiology, Biotechnology, Patient, Trauma, Fracture, Multimedia, U.S. FDA, Medical device, Elective surgery, Risk, PEEK, Valkyrie

Able Medical Devices has received U.S. FDA 510(k) clearance for its Valkyrie RIB System further enhancing its cardiothoracic and trauma portfolio.

Key Points: 
  • Able Medical Devices has received U.S. FDA 510(k) clearance for its Valkyrie RIB System further enhancing its cardiothoracic and trauma portfolio.
  • View the full release here: https://www.businesswire.com/news/home/20240125747360/en/
    Able Medical received 510(k) clearance for its single-use, PEEK-based Valkyrie RIB System.
  • (Graphic: Business Wire)
    “The Valkyrie RIB Thoracic Fixation System creates an adaptive fit to the bone, promoting closer contact with the underlying rib without the need for plate bending tools,” said Wade DePas, Senior Director of RAQA and R&D.
  • All of this, makes the Valkyrie RIB system a highly desirable product to the market.”
    The Valkyrie RIB System is an exclusive member of the Valkyrie Thoracic Fixation family.

CoinShares Exercises Option to Acquire Valkyrie Funds

Retrieved on: 
Friday, January 12, 2024
Bitcoin, ETF, CS, Acquisition, ETP, BTF, Exercise, AUM, News, Appetite, Valkyrie, Cryptocurrency

SAINT HELIER, Jersey, Jan. 12, 2024 /PRNewswire/ -- CoinShares International Limited ("CoinShares'' or "the Company") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), today announced it has exercised the option to acquire Valkyrie Funds LLC ("Valkyrie Funds"), the U.S. digital asset manager's investment advisory business specialising in actively managed cryptocurrency exchange traded funds, from Valkyrie Investments Inc. ("Valkyrie Investments").

Key Points: 
  • CoinShares has confirmed the exercise of its strategic option to acquire Valkyrie Funds, thereby bolstering its entrance into the U.S. market.
  • SAINT HELIER, Jersey, Jan. 12, 2024 /PRNewswire/ -- CoinShares International Limited ("CoinShares'' or "the Company") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), today announced it has exercised the option to acquire Valkyrie Funds LLC ("Valkyrie Funds"), the U.S. digital asset manager's investment advisory business specialising in actively managed cryptocurrency exchange traded funds, from Valkyrie Investments Inc. ("Valkyrie Investments").
  • The exercise of this option signifies a pivotal step in the acquisition process, clearly demonstrating CoinShares' commitment to acquiring Valkyrie Funds.
  • Exercising our option to acquire Valkyrie Funds aims at extending  our European success in the U.S, offering unparalleled access to regulated digital asset products to American investors.

An interview with Ricardo Quintas, founder and CEO of Adamastor

Retrieved on: 
Thursday, November 30, 2023
Aston, FEUP, Venturi, Research, Pagani, Collection, Formula One, INEGI, Volkswagen Golf, Paper, Heart, Shark, Friends, Ferrari, Mercedes-Benz, University, Valkyrie, Growth, FIAT, Mechanics, Legislation, 3D printing, Marketing, Automotive industry, Adamastor, Koenigsegg, Porsche, Audi

PORTO, Portugal, Nov. 30, 2023 /PRNewswire/ -- Ricardo Quintas is one of the founders of Adamastor and is currently CEO of the Portuguese supercar brand based in Porto. A brand that, starting from a blank sheet of paper and betting on a team that combines experience with young talents, as well as technology and tools developed in-house with cutting-edge digital solutions, aims to design, develop and sell a high-performance supercar scheduled to hit the market as early as 2025.

Key Points: 
  • PORTO, Portugal, Nov. 30, 2023 /PRNewswire/ -- Ricardo Quintas is one of the founders of Adamastor and is currently CEO of the Portuguese supercar brand based in Porto.
  • The Adamastor is the final product of this idea, bringing together two inseparables but sometimes somewhat distant fields.
  • The recruitment of new staff has always kept pace with the need to evolve and acquire new technical knowledge.
  • With this investment we are placing Adamastor at the cutting edge of automotive technology, handcrafting cars far from large volumes.