Federal

PAWR Program Announces Dramatic Expansion of AERPAW Drone Testbed with Phase Two Launch

Retrieved on: 
Monday, March 18, 2024
Hardware, Other Defense, Contracts, Government Technology, Technology, Defense, 5G, Drones, Science, Telecommunications, Software, Networks, Other Science, Mobile, Wireless, Research, Aircraft, Project management office, Interdisciplinarity, UAV, POWDER, Classification, Commercial, Unmanned aerial vehicle, Radio, PAWR, North Carolina State University, Federal, Atmosphere, COSMOS, Ericsson, Multimedia, Platform, ARA, Computer, Federal Communications Commission, Mobile phone

AERPAW has also been designated as an Open Test and Integration Center (OTIC) by the O-RAN ALLIANCE.

Key Points: 
  • AERPAW has also been designated as an Open Test and Integration Center (OTIC) by the O-RAN ALLIANCE.
  • Software defined radios (SDRs) enable research with open source software stacks for studying and optimizing the performance of radio signals.
  • Unique to AERPAW, the wireless testbed brings with it several assets specific to testing drone-based networks.
  • “The expansion of AERPAW opens up vast new avenues of research,” said Ismail Guvenc, AERPAW Principal Investigator, and engineering professor at NC State University.

First Trust Energy Infrastructure Fund Issues Notice Regarding March 2024 Distribution

Retrieved on: 
Friday, March 15, 2024
Asset Management, Professional Services, Finance, Uncertainty, Hamas, FTP, Infection, EIP, ERISA, Risk, Notice, FTA, COVID-19, Federal, AIB (NI), Terrorism, Judgement, Investment, Internal Revenue Code, Federal Reserve, MLP, Fund, Calendar, FINRA, Net asset value, Life insurance

A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

CSI Closes Fiscal Year With Record Growth in Core Wins and New Technology Integrations

Retrieved on: 
Thursday, March 14, 2024
Software, Finance, Artificial Intelligence, Banking, Data Management, Professional Services, Technology, Fintech, Automation, CSI, AML, Risk, Salesforce, Artificial intelligence, Acquisition, Holiday, Investment, Freddie Mac, Federal, Cryptocurrency

Across all lines of business, CSI increased sales by a record-breaking 30% year over year.

Key Points: 
  • Across all lines of business, CSI increased sales by a record-breaking 30% year over year.
  • “CSI is committed to delivering exceptional technology with an unparalleled customer experience to drive success for our community bank partners,” said David Culbertson, president and CEO of CSI.
  • Among their top projected technology investments were numerous digital banking features, including online account opening, automation or artificial intelligence, and financial wellness.
  • “We are on a mission to deliver financial technology that accomplishes community banks’ distinct goals,” said Troy Bradley, CTO of CSI.

PAWR Announces 5G Open RAN Testing with Mavenir at POWDER Testbed

Retrieved on: 
Thursday, March 14, 2024
Technology, Mobile, Wireless, 5G, Networks, Internet, Hardware, Carriers and Services, Project management office, FCC, The Open Championship, Agility, Mavenir, Exercise, MMW, POWDER, University, Software, City, MDE, PAWR, Research Triangle, Federal, COSMOS, Multimedia, Platform, ARA, Triangle, Federal Communications Commission, Open, Mobile phone

The Platforms for Advanced Wireless Research (PAWR) Project Office announces a collaboration between PAWR platform POWDER and industry innovator Mavenir to test a first-of-its-kind O-RAN 5G SA network deployment with millimeter Wave (mmWave) spectrum.

Key Points: 
  • The Platforms for Advanced Wireless Research (PAWR) Project Office announces a collaboration between PAWR platform POWDER and industry innovator Mavenir to test a first-of-its-kind O-RAN 5G SA network deployment with millimeter Wave (mmWave) spectrum.
  • The solution is powered by Mavenir’s open radio unit (O-RU), open distributed unit (O-DU), open centralized unit (O-CU), and 5G core.
  • In the summer of 2023, POWDER was designated as an Open Testing and Integration Center (OTIC) by the O-RAN ALLIANCE.
  • "The POWDER team is excited to collaborate with Mavenir to test their O-RAN 5G mmW SA solution in an over-the-air setup on POWDER.

Land & Buildings Calls on Equity Commonwealth to Take Long Overdue Step of Liquidating Remaining Assets and Returning Capital to Shareholders

Retrieved on: 
Wednesday, March 13, 2024
Other Professional Services, Construction & Property, Finance, Asset Management, Banking, Professional Services, REIT, Business, EQC, Depression, Federal, History, NAV, G&A, MassINC, Federal Reserve, Life, NOI, Building

It is long overdue for Equity Commonwealth to undergo a complete liquidation of its remaining assets and return the cash to shareholders.

Key Points: 
  • It is long overdue for Equity Commonwealth to undergo a complete liquidation of its remaining assets and return the cash to shareholders.
  • Private market pricing for the property types EQC is targeting, industrial warehouses and residential, remain full.
  • Based on the foregoing, we believe Equity Commonwealth should immediately announce a complete liquidation of its remaining assets and return the cash to shareholders.
  • While Land & Buildings hopes the Board will take immediate action, we will not hesitate to do whatever is necessary to maximize value for all shareholders of the Company.

Neobanks and Other Fintechs Join Green Dot Network to Enable Cash Transactions for Customers

Retrieved on: 
Tuesday, March 12, 2024
Professional Services, Technology, Finance, Fintech, Banking, Digital Cash Management, Digital Assets, Minter, CVS, GDOT, Y Combinator, Federal, SVP, 7-Eleven, Walmart, Neobank, Hispanic and Latino Americans, Federal Reserve, Minority group, Green Dot Corporation, Bank

Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech providing seamless banking and payments services to consumers and businesses, announced the addition of three fintechs to its growing list of Green Dot Network partners.

Key Points: 
  • Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech providing seamless banking and payments services to consumers and businesses, announced the addition of three fintechs to its growing list of Green Dot Network partners.
  • REPAY , FACEBANK and Pana are now able to offer accessible and affordable cash transactions and services to customers via Green Dot’s vast network of thousands of retail locations nationwide.
  • “As the demand for cash and cash transactions persists in the U.S., more companies are looking to power their customers with simple, accessible and affordable cash services,” said Crystal Bryant-Minter, SVP, Money Movement at Green Dot.
  • The Green Dot Network’s money movement capabilities also enable partners to offer their customers the ability to move funds digitally between bank accounts.

AST SpaceMobile Updates Licensing Administration of its Satellite Constellation

Retrieved on: 
Tuesday, March 12, 2024
Technology, Mobile, Wireless, Satellite, Telecommunications, Aerospace, Manufacturing, Software, Networks, Hardware, FCC, International Telecommunication Union, Government, Millicom, Rakuten, Bell Canada, Saudi Telecom Company, Telephone, Smart Communications, AST SpaceMobile, Smartfren, Federal Communications Commission, AT&T, Indosat, Federal, Africell, Telefónica, Multimedia, ITU, TIM, Telecom Argentina, American Tower, ASTS, Mobile phone

View the full release here: https://www.businesswire.com/news/home/20240312576138/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240312576138/en/
    "Our planned satellite network will provide services globally, but this initiative represents a closer strategic alignment of our network buildout and future network operations with the United States," said Scott Wisniewski, Chief Strategy Officer of AST SpaceMobile.
  • “AST SpaceMobile is a U.S. based company, traded publicly on the NASDAQ, and has its primary satellite development and manufacturing capabilities in the United States.
  • AST SpaceMobile recently secured strategic investment from AT&T, Google and Vodafone, as well as a new contract award with the United States Government through a prime contractor.
  • Rakuten, American Tower and Bell Canada are also existing investors in AST SpaceMobile.

Lynk Successfully Deploys Two More Orbital ‘Cell Phone Towers in Space’

Retrieved on: 
Tuesday, March 12, 2024
Satellite, Software, Networks, Internet, Hardware, Technology, Mobile, Wireless, Other Technology, Federal Communications Commission, SpaceX, Vandenberg Space Force Base, Orbit, Federal, Communications satellite

Lynk Global, Inc. (“Lynk”), the world’s leading satellite-direct-to-mobile-phone (“Sat2Phone”) telecoms provider, today announced the successful deployment of two more "cell-towers-in-space."

Key Points: 
  • Lynk Global, Inc. (“Lynk”), the world’s leading satellite-direct-to-mobile-phone (“Sat2Phone”) telecoms provider, today announced the successful deployment of two more "cell-towers-in-space."
  • The satellites will further Lynk’s efforts to provide universal mobile connectivity.
  • The two satellite cell towers were launched on the Transporter-10 rideshare mission launched by SpaceX on March 4 from Vandenberg Space Force Base in California.
  • “The successful deployment of our latest cell towers in space furthers our mission to connect everyone, everywhere.

First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF

Retrieved on: 
Monday, March 11, 2024
Banking, Professional Services, Finance, Uncertainty, Commodity, Hamas, FTP, Face, Infection, ETF, ERISA, Reputational damage, FTA, Risk, COVID-19, Federal, AIB (NI), Terrorism, Judgement, Prospectus, Investment, Federal Deposit Insurance Corporation, OTC, Index, Internal Revenue Code, Federal Reserve, Fund, FINRA, Security (finance)

FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Key Points: 
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor.
  • An investment in a fund is not a deposit of a bank and is not insured or guaranteed.
  • First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s).

Redfin Reports Asking Rents Climb 2% in February, Biggest Gain in Over a Year

Retrieved on: 
Monday, March 11, 2024
Commercial Building & Real Estate, Technology, Construction & Property, Fintech, Professional Services, Software, Internet, Other Professional Services, Residential Building & Real Estate, Federal Reserve, Coronavirus, Federal, Pressure, History, Growth, Hope

Asking rents hit a low point last February, which is one reason for the sizable year-over-year increase this February.

Key Points: 
  • Asking rents hit a low point last February, which is one reason for the sizable year-over-year increase this February.
  • For the majority of 2022, growth in asking rents slowed rapidly following a surge during the pandemic, and in 2023, asking rents actually declined on a year-over-year basis.
  • The median asking rent in the Northeast jumped 5.2% year over year to $2,481 in February—the largest gain in nine months.
  • Meanwhile, asking rents in the South and West were essentially flat, rising 0.3% to $1,635 and falling 0.1% to $2,349, respectively.