M55

Parsons Reports Strong Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 2, 2023

CENTREVILLE, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Second quarter 2023 adjusted EBITDA including noncontrolling interests increased by $3 million, or 10%, compared to the prior year period.
  • Cash flow from operating activities: Second quarter 2023: $23 million compared to $51 million in second quarter of 2022.
  • During the second quarter of 2023, the company won six single-award contracts worth more than $100 million each, a company record.
  • In addition, the company won an additional $100 million contract after the 2023 second quarter ended.

U.S. Chemical Weapons Stockpile Destruction Highlights over 30 years of IEM Support

Retrieved on: 
Tuesday, July 18, 2023

MORRISVILLE, N.C., July 18, 2023 /PRNewswire/ -- The Department of Defense announced July 7, 2023 the final munition in the U.S. chemical weapons stockpile was safely destroyed at the Blue Grass Army Depot, Kentucky. The last M55 rocket containing GB nerve agent was punched and drained at the Blue Grass Chemical Agent-Destruction Pilot Plant, which will continue to process the agent-contaminated secondary waste in rocket warheads through 2024. IEM has supported the U.S. Army by providing technical support to protect chemical weapons stockpile sites since the early 1990s.

Key Points: 
  • IEM has supported the U.S. Army by providing technical support to protect chemical weapons stockpile sites since the early 1990s.
  • "IEM has proudly provided integrated technical and programmatic support to make the communities surrounding the stockpile sites safer for the past 30 plus years.
  • In 1998, IEM began supporting the Westinghouse-Anniston team, which operated the Anniston Chemical Agent Disposal Facility to destroy the chemical weapons stockpile at the Anniston Army Depot, Alabama.
  • In addition, IEM continues to provide support to the Federal Emergency Management Agency's Chemical Stockpile Emergency Preparedness Program (CSEPP), including full scale exercise support.

Snom™ Announces the M500 Pro Wireless Family

Retrieved on: 
Monday, February 27, 2023

CHICAGO, Feb. 27, 2023 /PRNewswire/ -- Snom™, a subsidiary of VTech Holdings Limited, introduced today the M500 Pro wireless family. The M500 is an industry first, cloud accessible and provision-capable SIP based Key System Unit; a cordless phone system that allows freedom from wired networks for fast and flexible deployment anywhere within a business. The Snom M500 Pro comes as its own "office in a box" solution featuring the M500 Pro Multicell Base Station, M58 Desk Phone and M55 Handset which are all easily programmable, intuitive without user training and expandable.

Key Points: 
  • CHICAGO, Feb. 27, 2023 /PRNewswire/ -- Snom™, a subsidiary of VTech Holdings Limited, introduced today the M500 Pro wireless family.
  • The Snom M500 Pro comes as its own "office in a box" solution featuring the M500 Pro Multicell Base Station, M58 Desk Phone and M55 Handset which are all easily programmable, intuitive without user training and expandable.
  • "The M500 Pro wireless family is an all-encompassing communications solution that will streamline administrative operations and allow owners to focus on what matters most – their business specialty and team."
  • Streamline administrative operations with ease and get back to your specialty
    To learn more about the Snom M500 Wireless Family, visit www.snomamericas.com .

Emza and Alif Demonstrate Fast, Ultra-Efficient Object Detection for Tiny AI Edge Devices

Retrieved on: 
Monday, May 16, 2022

Alifs MCU is helping redefine what is possible at the smallest endpoints and Emzas contribution of optimized models to the Arm AI open-source repository will accelerate edge AI development.

Key Points: 
  • Alifs MCU is helping redefine what is possible at the smallest endpoints and Emzas contribution of optimized models to the Arm AI open-source repository will accelerate edge AI development.
  • Were delighted to work with Arm and Emza to showcase the capabilities of these devices and empower the next generation of edge AI applications.
  • The company provides solutions including hardware, software, algorithms and IP to semiconductor companies and OEMs bringing AI capability to tiny, power- and cost-constrained edge devices.
  • As the industrys first vendor to widely deploy an ultra-low power edge AI device, Emza is uniquely positioned to help customers make their tiny edge AI vision a reality.

Alif Semiconductor™ announces support for their Ensemble™ family of AI-accelerated microcontrollers and fusion processors in Edge Impulse's development platform, which significantly accelerates the path to production for ML-powered designs

Retrieved on: 
Thursday, May 12, 2022

PLEASANTON, Calif. , May 12, 2022 /PRNewswire/ -- Alif Semiconductor, at the Embedded Vision Summit taking place May 16–19, 2022, will be joining Edge Impulse to demonstrate the dramatic increases in AI/ML workload performance and efficiency its Ensemble microcontrollers (MCUs) and fusion processors are able to deliver over traditional systems.

Key Points: 
  • In addition, traditional development workflows for embedded designs are not well suited for the additional steps required to select, configure, train, and deploy a machine learning model onto an embedded MCU.
  • Alif's highly scalable lineup of Ensemble MCUs and fusion processors are powered by Arm's Ethos-U55 microNPU and latest-gen Cortex-M55 CPU.
  • The Ensemble family combines dedicated high-performance and high-efficiency processing systems built around the concept of always-available, battery-friendly, AI-accelerated environmental sensing.
  • This significantly improves AI/ML performance compared to current CPU-bound approaches, while consuming only a fraction of the power of such solutions.

Kentucky plant team eliminates U.S. stockpile of VX nerve agent

Retrieved on: 
Wednesday, April 20, 2022

RICHMOND, Ky., April 20, 2022 /PRNewswire/ -- The last U.S. chemical weapon containing VX nerve agent has been destroyed at the Bechtel-led Blue Grass Chemical Agent-Destruction Pilot Plant (BGCAPP), near Richmond, Kentucky. The milestone marks another step toward eliminating the entire U.S. chemical weapons stockpile, which the government has committed to do by the end of 2023.

Key Points: 
  • RICHMOND, Ky., April 20, 2022 /PRNewswire/ --The last U.S. chemical weapon containing VX nerve agent has been destroyed at the Bechtel-led Blue Grass Chemical Agent-Destruction Pilot Plant (BGCAPP), near Richmond, Kentucky.
  • "First, the entire U.S. stockpile of VX nerve agent is now completely destroyed.
  • The chemical weapons stockpile at the depot originally consisted of 523 U.S. tons of chemical agent configured in 155mm projectiles containing mustard and VX nerve agent, 8-inch projectiles containing GB nerve agent, and M55 rockets containing GB and VX nerve agent.
  • GB nerve agent in 8-inch projectiles was destroyed in 2020 while VX nerve agent in projectiles was destroyed in 2021.

Kentucky Plant completes destruction of mustard-agent chemical weapons

Retrieved on: 
Thursday, September 9, 2021

This marks the third of five chemical weapons destruction campaigns completed at the Blue Grass Chemical Agent-Destruction Pilot Plant, near Richmond, Ky.

Key Points: 
  • This marks the third of five chemical weapons destruction campaigns completed at the Blue Grass Chemical Agent-Destruction Pilot Plant, near Richmond, Ky.
    Workers safely processed more than 15,000, World War II-era projectiles in a sealed Static Detonation Chamber.
  • As of August 27, 2021, more than 31% of the original 523 tons of chemical agent has been destroyed in Kentucky.
  • The Blue Grass Chemical Agent-Destruction Pilot Plant was built and is being operated under contract to the U.S. Department of Defense's Program Executive Office, Assembled Chemical Weapons Alternatives.
  • The Chemical Weapons Convention commits more than 190 nations to the eradication of chemical weapons.

Kentucky plant begins nerve-agent rocket destruction campaign

Retrieved on: 
Tuesday, July 13, 2021

RESTON, Va., July 13, 2021 /PRNewswire/ --A Bechtel-led plant in Kentucky has successfully begun destroying its next batch of chemical weapons, just two months after completing a previous campaign.

Key Points: 
  • RESTON, Va., July 13, 2021 /PRNewswire/ --A Bechtel-led plant in Kentucky has successfully begun destroying its next batch of chemical weapons, just two months after completing a previous campaign.
  • The first M55 rockets containing VX nerve agent were destroyed July 9 at the Blue Grass Chemical Agent-Destruction Pilot Plant (BGCAPP), near Richmond, Kentucky.
  • "Our team has successfully completed two projectile campaigns involving nerve agent," said Ron Hink, Bechtel Parsons Blue Grass project manager.
  • "As with previous campaigns, safety will remain the top priority as we begin rocket destruction."