Public Policy

Maniv Announces Third Early-stage Venture Fund of $140m to Accelerate the Decarbonization and Digitization of Global Transportation

Retrieved on: 
Thursday, April 4, 2024

Investing since 2016, Maniv was among the first institutional investors to articulate a global, early-stage investment strategy focused on the intersection between mobility, transportation and energy.

Key Points: 
  • Investing since 2016, Maniv was among the first institutional investors to articulate a global, early-stage investment strategy focused on the intersection between mobility, transportation and energy.
  • Simultaneously, the market-driven decarbonization of transportation – representing as much as one quarter of global GHG emissions – is at an inflection point.
  • Maniv’s third fund is backed by institutional capital, high-net-worth individuals, and a consortium of industry leaders at the forefront of the transportation sector.
  • “Our third fund builds on two decades in the trenches of the global mobility ecosystem,” said Michael Granoff, the firm’s Managing Partner.

Global Cybersecurity Solutions Provider, eSentire, Launches a New Technology Innovation Center in India

Retrieved on: 
Thursday, April 4, 2024

eSentire , Inc., the Authority in Managed Detection and Response (MDR), announced today the opening of its new Technology Innovation Center in India, under the legal entity eSentire India Private Limited.

Key Points: 
  • eSentire , Inc., the Authority in Managed Detection and Response (MDR), announced today the opening of its new Technology Innovation Center in India, under the legal entity eSentire India Private Limited.
  • The Innovation Center will extend eSentire’s global footprint and give eSentire access to a pool of exceptional engineering talent, with expertise in cybersecurity, generative AI and low-code orchestration and automation.
  • “India is a thriving ecosystem of cybersecurity talent, particularly in cloud security and generative AI,” said Dustin Hillard, Chief Technology Officer at eSentire.
  • The opening of eSentire’s Technology Innovation Center in India, follows its celebrated service expansion across the Middle East and demonstrates its commitment to not only hiring locally but continuing to protect businesses in the region with localized, compliant, 24/7 Managed Detection and Response cybersecurity services.

Knightscope Wins 18 Contracts Valued Over $1 Million

Retrieved on: 
Thursday, April 4, 2024

Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today marks its 11th anniversary of its founding in 2013 with a total of 18 contracts for new business along with 5 renewal agreements valued at over $1 million.

Key Points: 
  • Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today marks its 11th anniversary of its founding in 2013 with a total of 18 contracts for new business along with 5 renewal agreements valued at over $1 million.
  • View the full release here: https://www.businesswire.com/news/home/20240404759299/en/
    Knightscope Wins 18 Contracts Valued over $1 Million (Photo: Business Wire)
    Building on the success of its first Innovation Week and the recently announced 2023 Financial Performance Highlights , Knightscope delivers significant growth to its top line revenue with these latest contracts.
  • Fast growing markets such as transportation, healthcare, education and local government represent the majority of these contracts and account for many more future opportunities to expand in both the individual clients and their respective markets.
  • Deployment locations will span the United States including Alabama, Arizona, California, Colorado, Delaware, Florida, Kentucky, Illinois, Louisiana, North Carolina, New Jersey, Texas and Puerto Rico.

Digimarc Appoints Accomplished B2B SaaS Legal Executive George Karamanos as Chief Legal Officer

Retrieved on: 
Thursday, April 4, 2024

Digimarc Corporation (NASDAQ: DMRC), the pioneer and global leader in digital watermarking technologies, today announced that former ZipHQ Chief Legal Officer and seasoned deal strategy and operations leader George Karamanos has joined the company as Chief Legal Officer (CLO).

Key Points: 
  • Digimarc Corporation (NASDAQ: DMRC), the pioneer and global leader in digital watermarking technologies, today announced that former ZipHQ Chief Legal Officer and seasoned deal strategy and operations leader George Karamanos has joined the company as Chief Legal Officer (CLO).
  • View the full release here: https://www.businesswire.com/news/home/20240404600773/en/
    George Karamanos, former ZipHQ Chief Legal Officer and seasoned deal strategy and operations leader has joined Digimarc as Chief Legal Officer (CLO).
  • The company is revolutionizing the digital transformation journey for companies across industries and sectors, worldwide,” said George Karamanos, Digimarc’s Chief Legal Officer.
  • Meyer served as Digimarc's Chief Legal Officer through the company’s integration of EVRYTHNG, enabling the smooth consolidation of its operations and transformation of Digimarc to a software-as-a-service business.

What’s Clogging the Pipes? The Largest Sewage Collection Study Has the Answers

Retrieved on: 
Thursday, April 4, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240404583771/en/
    A recent sewage collection study finds that consumers need to stop flushing paper towels, baby wipes, and other wipes labeled with the "Do Not Flush" symbol.
  • Kennedy Jenks , an independent engineering firm, designed the study and compiled the findings into the report.
  • Extrapolating from the results of this study, refraining from flushing “Do Not Flush” labeled wipes, paper products and feminine hygiene products would capture over 90% of items clogging sewers.
  • Multi-media assets regarding the collection study:
    Video explaining the collection study: https://youtu.be/L-UD6KB8AVA?si=RJlPuxzkhZk3REDE

The GEO Group Enters Into Private Exchange Agreements With Certain 6.50% Convertible Senior Noteholders

Retrieved on: 
Friday, April 5, 2024

The GEO Group (NYSE: GEO) (“GEO” or the "Company"), announced that it has entered into private exchange agreements with certain holders (the "Noteholders") of GEO Corrections Holdings, Inc.’s 6.50% Exchangeable Senior Notes due 2026 (the "6.50% Exchangeable Senior Notes").

Key Points: 
  • The GEO Group (NYSE: GEO) (“GEO” or the "Company"), announced that it has entered into private exchange agreements with certain holders (the "Noteholders") of GEO Corrections Holdings, Inc.’s 6.50% Exchangeable Senior Notes due 2026 (the "6.50% Exchangeable Senior Notes").
  • The Noteholders have agreed to exchange $177 million in aggregate principal amount of the outstanding 6.50% Exchangeable Senior Notes for a current estimated valuation of $305 million.
  • The consideration will consist of cash and shares of GEO's common stock issued at closing.
  • The 6.50% Exchangeable Senior Notes to be exchanged represent approximately 77% of the outstanding principal amount, with $53 million in aggregate principal amount remaining outstanding following the exchange.

Guam Department of Corrections Eliminates Paper-Based Processes with Tyler Technologies’ Solution

Retrieved on: 
Thursday, April 4, 2024

Tyler Technologies, Inc. (NYSE: TYL) announced today that the Guam Department of Corrections (DOC) has successfully gone live with Tyler’s Enterprise Supervision solution.

Key Points: 
  • Tyler Technologies, Inc. (NYSE: TYL) announced today that the Guam Department of Corrections (DOC) has successfully gone live with Tyler’s Enterprise Supervision solution.
  • “Going live with Tyler’s Enterprise Supervision solution marks a monumental shift in transitioning from a paper-based process to an electronic one,” said Fred Bordallo, director of the Guam DOC.
  • Implementing Tyler’s Enterprise Supervision solution, powered by Amazon Web Services (AWS), provides the Guam DOC parole officers with a cohesive information framework.
  • “Not only does our solution streamline client management, but it also brings multiple layers of security to ensure strong data integrity.”

FHLBank Pittsburgh, Rep. Lisa Blunt Rochester, Delaware Officials Join in Announcing Affordable Housing Awards in Harrington and $66.7 Million in Newly Available Affordable Housing Funding

Retrieved on: 
Thursday, April 4, 2024

at a ceremony to announce two affordable housing grants totaling $1.5 million from FHLBank and their member financial institutions.

Key Points: 
  • at a ceremony to announce two affordable housing grants totaling $1.5 million from FHLBank and their member financial institutions.
  • A second grant of $750,000 was presented to West End Neighborhood House from FHLBank and Community Bank Delaware.
  • The event also highlighted $114.2 million new funding opportunities, including $66.7 million for additional affordable housing, through FHLBank member institutions including:
    “I was so glad to be in Harrington, Delaware, to announce new investments in safe, stable, and affordable housing.
  • Affordable housing is the foundation for safe and prosperous communities, and in Delaware, we know too well how we need to increase our affordable housing supply,” said Rep. Blunt Rochester (D-Del.).

Trousdale Ventures Celebrates Space Economy Portfolio Companies In New Appointments

Retrieved on: 
Thursday, April 4, 2024

Trousdale Ventures , a venture capital firm specializing in space and mobility investments, announces that the founders of two portfolio companies, CesiumAstro and Venus Aerospace, have been appointed to leadership positions within Texas’s space industry.

Key Points: 
  • Trousdale Ventures , a venture capital firm specializing in space and mobility investments, announces that the founders of two portfolio companies, CesiumAstro and Venus Aerospace, have been appointed to leadership positions within Texas’s space industry.
  • View the full release here: https://www.businesswire.com/news/home/20240404356959/en/
    Texas Governor Greg Abbott visits NASA’s Johnson Space Center to announce the inaugural members of Texas Space Commission Board of Directors and the Texas Aerospace Research and Space Economy Consortium Executive Committee.
  • (Photo: Business Wire)
    “Sassie’s appointment to the Texas Space Commission and Shey’s to TARSEC’s Executive Committee is a testament to their outstanding contributions and leadership within the aerospace industry,” said Phillip Sarofim, Founder and CEO at Trousdale Ventures.
  • As Texas continues to solidify its position as a hub for aerospace innovation and investment, Trousdale Ventures remains committed to supporting the success and growth of its portfolio companies and contributing to the advancement of the state’s aerospace ecosystem.

DHCS Kicks Off Mobile Dental Van Tour

Retrieved on: 
Friday, April 5, 2024

The California Department of Health Care Services (DHCS) today kicked off its second mobile dental van tour in Fresno.

Key Points: 
  • The California Department of Health Care Services (DHCS) today kicked off its second mobile dental van tour in Fresno.
  • Through the Smile California campaign, DHCS delivers preventive dental services to children and youth, enhancing utilization of essential dental care and improving oral health, particularly for underserved groups.
  • View the full release here: https://www.businesswire.com/news/home/20240404346598/en/
    Adrianna Alcala-Beshara, Chief of DHCS’ Medi-Cal Dental Division (Photo: Business Wire)
    “Medi-Cal Dental is committed to ensuring that millions of Californians have access to the dental care they need to keep their teeth and gums healthy and strong,” said Adrianna Alcala-Beshara, Chief of DHCS’ Medi-Cal Dental Division.
  • MEDI-CAL DENTAL SERVICES: With Medi-Cal, preventive dental services are covered at no cost.