DOD

Manifest's Breakthrough AIBOM Capability Awarded Air Force Contract

Retrieved on: 
Tuesday, December 19, 2023

WESTPORT, Conn., Dec. 19, 2023 /PRNewswire/ -- Manifest, in partnership with Tufts University, has secured an innovation contract from AFWERX, the U.S. Air Force's innovation arm. This win tackles one of the Department of the Air Force's most pressing challenges: managing artificial intelligence bills of materials (AIBOMs).

Key Points: 
  • WESTPORT, Conn., Dec. 19, 2023 /PRNewswire/ -- Manifest , in partnership with Tufts University, has secured an innovation contract from AFWERX, the U.S. Air Force's innovation arm.
  • This win tackles one of the Department of the Air Force's most pressing challenges: managing artificial intelligence bills of materials (AIBOMs).
  • Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research process.
  • "We are enormously appreciative of this contract and the opportunity to bring AI supply chain security to the Air Force," said Manifest CEO Marc Frankel.

Lockheed Martin, Verizon Demonstrate 5G Streaming for Sustainment Applications

Retrieved on: 
Monday, December 18, 2023

This year, Lockheed Martin and Verizon focused on content streaming for sustainment use cases where advanced visualization capabilities are critical to supporting the maintainer with Resilient Logistics in a Contested Environment (RLCE).

Key Points: 
  • This year, Lockheed Martin and Verizon focused on content streaming for sustainment use cases where advanced visualization capabilities are critical to supporting the maintainer with Resilient Logistics in a Contested Environment (RLCE).
  • The target display device was a HoloLens, which used the project collaborator Holo-Light's streaming platform along with Verizon 5G Edge with AWS Wavelength over Verizon's 5G network.
  • The demonstration highlights the value of future streaming approaches for sustainment applications, ensuring that data is secure and content is efficient and effective.
  • "This effort demonstrates how Verizon's partnership with Lockheed Martin leverages the immense capabilities of 5G and edge computing to transform data streaming and AR experiences to produce advanced capabilities for military sustainment operations," said Chris Halton, vice president of Product Strategy and Innovation at Verizon.

CUTTING-EDGE AI/ML TECHNOLOGIES SHOWCASE SOLUTIONS TO U.S. SPACE FORCE AND NAVAL CHALLENGES

Retrieved on: 
Friday, November 17, 2023

The event attracted over 125 attendees eager to meet the 6 cohort companies and gain insight into their cutting-edge, dual-use technology solutions.

Key Points: 
  • The event attracted over 125 attendees eager to meet the 6 cohort companies and gain insight into their cutting-edge, dual-use technology solutions.
  • In attendance were Air Force, Space Force, Navy, and other Government personnel.
  • The AI/ML for Space and Maritime Applications cohort was the 12th Accelerator facilitated by CCTI, and the first joint Accelerator between the Space Force and Navy.
  • The joint U.S. Space Force and U.S. Navy Accelerator provided a unique opportunity to hasten the involvement of small business enterprises with relevant AI/ML commercial technologies into the national security ecosystem.

Qlik Achieves StateRAMP Authorization for Qlik Cloud Government, its AI-Powered Cloud Analytics Platform That Helps State and Local Agencies Make Data-Driven Decisions

Retrieved on: 
Thursday, November 16, 2023

PHILADELPHIA, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Qlik ® announced today that Qlik Cloud ® Government has achieved StateRAMP Moderate Authorization.

Key Points: 
  • PHILADELPHIA, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Qlik ® announced today that Qlik Cloud ® Government has achieved StateRAMP Moderate Authorization.
  • Achieving StateRAMP authorization enables all United States state and local governments and public educational institutions to confidently leverage Qlik Cloud to further their data transformation through modern cloud analytics.
  • This authorization also enables them to leverage advanced AI while meeting the rigorous security standards set forth by StateRAMP.
  • Qlik Cloud Government serves as a standard for public sector cloud analytics, empowering organization-wide data-driven decisions through a cloud modern platform.

GWSO to Unveil Revolutionary TrinityPower Nexus System at Encountering Innovation Conference

Retrieved on: 
Tuesday, November 14, 2023

Temecula, CA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- GWSO today announced it will reveal its game-changing EcoHydroGen and TrinityPower Nexus systems at the Encountering Innovation conference in Kansas on November 13-17.

Key Points: 
  • Temecula, CA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- GWSO today announced it will reveal its game-changing EcoHydroGen and TrinityPower Nexus systems at the Encountering Innovation conference in Kansas on November 13-17.
  • EcoHydrogen and TrinityPower Nexus are first-of-its-kind systems that provide on-demand, infrastructure-free pure hydrogen and oxygen generation via breakthrough proprietary electrochemical reactors.
  • The revolutionary EcoHydroGen and TrinityPower Nexus systems simultaneously generate pure hydrogen and oxygen using proprietary electrochemical reactors.
  • "Encountering Innovation presents a tremendous opportunity to highlight EcoHydroGen and TrinityPower Nexus' immense promise as an energy breakthrough," said Michael Pallastro, CEO of GWSO.

Major General (Ret.) Barbara R. Holcomb Joins Board at Humanetics

Retrieved on: 
Tuesday, December 12, 2023

Humanetics Corporation (Humanetics), a clinical-stage specialty pharmaceutical company pioneering radiation countermeasures, adjunctive oncology therapies, and pulmonary protective therapies, has announced the addition of Major General (Ret.)

Key Points: 
  • Humanetics Corporation (Humanetics), a clinical-stage specialty pharmaceutical company pioneering radiation countermeasures, adjunctive oncology therapies, and pulmonary protective therapies, has announced the addition of Major General (Ret.)
  • Barbara R. Holcomb, RN, BSN, MSN to its board of directors.
  • “General Holcomb brings a wealth of knowledge and relevant experience that strengthens our Board,” said Ronald J. Zenk, Chief Executive Officer at Humanetics.
  • Humanetics is currently working under a contract with DOD to position BIO 300 for Emergency Use.

Gigantor Technologies Wins $2M Contract at Defense TechConnect Innovation Summit & Expo

Retrieved on: 
Thursday, December 7, 2023

Gigantor Technologies , a trailblazer in cutting-edge AI solutions, emerged triumphant at the Defense TechConnect Innovation Summit & Expo in Maryland.

Key Points: 
  • Gigantor Technologies , a trailblazer in cutting-edge AI solutions, emerged triumphant at the Defense TechConnect Innovation Summit & Expo in Maryland.
  • Chief Marketing Officer Jessica Jones showcased Gigantor's pioneering technology at the Defense Business Accelerator (DBX) Microelectronics Challenge, securing a $2M contract.
  • Matthew Laudon , the Vice President of TechConnect Division of Advanced Technology International, said, "The Defense TechConnect Innovation Summit & Expo prides itself on showcasing disruptive technologies poised to reshape industries.
  • The $2M contract awarded to Gigantor Technologies marks a pivotal moment in advancing the development and commercialization of their Universal Computer Vision ASIC Hardware.

Sypris Reports Third Quarter Results

Retrieved on: 
Wednesday, November 15, 2023

Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its third quarter ended October 1, 2023.

Key Points: 
  • Sypris Solutions, Inc. (Nasdaq/GM: SYPR) today reported financial results for its third quarter ended October 1, 2023.
  • Revenue for the quarter increased 33.3% year-over-year, driven by a 73.5% increase for Sypris Electronics and a 13.8% increase for Sypris Technologies.
  • Gross profit increased 105.0% year-over-year, with an improvement of 186.8% for Sypris Electronics and 36.2% for Sypris Technologies.
  • Gross margin for the quarter increased 420 basis points to 12.0% with an increase of 710 basis points to 18.1% for Sypris Electronics and 120 basis points to 7.5% for Sypris Technologies.

bioAffinity Technologies Reports Third Quarter 2023 Financial Results and Provides Business Update

Retrieved on: 
Tuesday, November 14, 2023

bioAffinity Technologies, Inc. (Nasdaq: BIAF; BIAFW), a biotechnology company addressing the need for noninvasive detection of early-stage lung cancer and other diseases of the lung, today reported financial results for the three and nine months ended Sept. 30, 2023, and provided a business update.

Key Points: 
  • bioAffinity Technologies, Inc. (Nasdaq: BIAF; BIAFW), a biotechnology company addressing the need for noninvasive detection of early-stage lung cancer and other diseases of the lung, today reported financial results for the three and nine months ended Sept. 30, 2023, and provided a business update.
  • CMS is expected to finalize the 2024 payment for CyPath® Lung in November 2023 with an effective date of Jan. 1, 2024.
  • Clinical development expenses were $106,422 for the third quarter of 2023, compared with $60,941 for the third quarter of 2022.
  • Over the next 12 months (fourth quarter 2023 to third quarter 2024), the Company expects to generate between $8.4 and $9.0 million in net revenues.

U.S. Air Force Selects Somewear Labs to Maximize Interoperability and Ensure Critical Situational Awareness

Retrieved on: 
Wednesday, December 13, 2023

SAN FRANCISCO, Dec. 13, 2023 /PRNewswire-PRWeb/ -- Today, Somewear Labs, the technology company enabling critical communications for defense, public safety, and commercial frontline teams, announced it has received a $1.8 million contract from the U.S. Air Force. This award builds on the company's AFWERX SBIR Phase II contract through the Tactical Funding Increase (TACFI) program. This initiative integrates Somewear's existing commercial capabilities across USAF mounted and dismounted communications and networking systems, enhancing the full spectrum of Special Tactics (ST), Personnel Recovery (PR), and Terminal Attack Control (TAC) operations. The award comes in collaboration with the Special Warfare community across the National Guard and active duty units.

Key Points: 
  • The award comes in collaboration with the Special Warfare community across the National Guard and active duty units.
  • New missions and threats will require units to deploy faster, identify threats quicker, and survey areas further.
  • Through this contract with the U.S. Air Force, Somewear Labs will deliver enhanced capabilities to further integrate into the TAK ecosystem and other government systems providing critical interoperability between dismounted personnel and Air Support Operations Centers.
  • "With this contract, we are able to build on our interoperable solutions to break down communication barriers, redefine interagency collaboration, and ensure operators always maintain situational awareness, communications, and operational effectiveness."