Allied Nations

Skydio Begins Delivery of X10D Small UAS to Defense Customers; Debuts Dynamic Channel Switching

Retrieved on: 
Tuesday, February 27, 2024

Skydio also announced dynamic channel switching to monitor signal interference and move to a clearer channel to improve wireless transmission signal quality during flight, ensuring troops maintain communication with the drone to accomplish their mission.

Key Points: 
  • Skydio also announced dynamic channel switching to monitor signal interference and move to a clearer channel to improve wireless transmission signal quality during flight, ensuring troops maintain communication with the drone to accomplish their mission.
  • Skydio also plans to offer dynamic channel switching soon to customers already using the X10.
  • “The arrival of X10D to customers is truly a milestone moment for Skydio and the allied defense and government community,” said Mark Valentine, President of Global Government at Skydio.
  • To learn more about the future of defense technology with Skydio X10D, please visit: skydio.com/x10d

Fast-Growing Gradient AI Announces Continued Momentum Built on its AI Solutions that Transform Insurance Claims and Underwriting

Retrieved on: 
Tuesday, September 20, 2022

Gradient AI , a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced at InsureTech Connect Vegas its Q1 and Q2 highlights and continued momentum for 2023 and beyond.

Key Points: 
  • Gradient AI , a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced at InsureTech Connect Vegas its Q1 and Q2 highlights and continued momentum for 2023 and beyond.
  • Gradient AI is in rapid-growth mode and well-positioned to continue on this path well into 2023, said Stan Smith, founder and CEO.
  • The markets response to our AI solutions has been overwhelmingly positive, and our clients are achieving tremendous returns on their investment working with Gradient AI.
  • Gradient AI is a leading provider of proven artificial intelligence (AI) solutions for the insurance industry.

New Federal Legislation Could Deliver Powerful New Benefits to NioCorp for its Critical Minerals

Retrieved on: 
Wednesday, August 17, 2022

CENTENNIAL, Colo., Aug. 17, 2022 /PRNewswire/ -- The "Inflation Reduction Act of 2022," signed into law by President Biden this week, includes multiple financial and tax incentives designed to encourage greater production of critical minerals in the U.S.  Virtually all of the critical minerals NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX:NB) (OTCQX:NIOBF) intends to produce as part of its Elk Creek Critical Minerals Project in Nebraska (the "Project") would be eligible for new tax credits once the Project is financed and placed into commercial production.

Key Points: 
  • The bill creates a new 10% Advanced Manufacturing Tax Credit for a variety of critical minerals produced in the U.S., including niobium, scandium, and titanium.
  • "NioCorp could benefit substantially from these new production tax credits in the future," said Smith.
  • "This and other provisions in this bill send a powerful signal to producers, markets, and investors that the U.S. government wants to up its game in terms of encouraging more production of American-made critical minerals."
  • NioCorp is developing a critical minerals project in Southeast Nebraska that will produce niobium, scandium, and titanium.

New Federal Legislation Could Deliver Powerful New Benefits to NioCorp for its Critical Minerals

Retrieved on: 
Wednesday, August 17, 2022

CENTENNIAL, Colo., Aug. 17, 2022 /PRNewswire/ -- The "Inflation Reduction Act of 2022," signed into law by President Biden this week, includes multiple financial and tax incentives designed to encourage greater production of critical minerals in the U.S.  Virtually all of the critical minerals NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX:NB) (OTCQX:NIOBF) intends to produce as part of its Elk Creek Critical Minerals Project in Nebraska (the "Project") would be eligible for new tax credits once the Project is financed and placed into commercial production.

Key Points: 
  • The bill creates a new 10% Advanced Manufacturing Tax Credit for a variety of critical minerals produced in the U.S., including niobium, scandium, and titanium.
  • "NioCorp could benefit substantially from these new production tax credits in the future," said Smith.
  • The legislation revises the existing $7,500 federal electric vehicle (EV) tax credit.
  • NioCorp is developing a critical minerals project in Southeast Nebraska that will produce niobium, scandium, and titanium.

ZeroEyes Promotes JT Wilkins to Senior Vice President of Government Solutions and Dustin Kisling to Senior Vice President of Strategy

Retrieved on: 
Friday, June 17, 2022

PHILADELPHIA, June 17, 2022 /PRNewswire/ -- ZeroEyes ,Inc., creators of the only A.I.-based platform focused on weapons detection that holds the US Department of Homeland Security SAFETY Act Designation, today announced the promotion of JT Wilkins to Senior Vice President of Government Solutions and Dustin Kisling to Senior Vice President of Strategy.

Key Points: 
  • PHILADELPHIA, June 17, 2022 /PRNewswire/ -- ZeroEyes ,Inc., creators of the only A.I.-based platform focused on weapons detection that holds the US Department of Homeland Security SAFETY Act Designation, today announced the promotion of JT Wilkins to Senior Vice President of Government Solutions and Dustin Kisling to Senior Vice President of Strategy.
  • In his newly expanded role, Mr. Wilkins will be responsible for the strategic and targeted growth of the ZeroEyes government solutions across federal and municipal government markets.
  • threat detection into the DoD requirement cycle, developing ZeroEyes' Air Force SBIR into a program of record, expanding ZeroEyes' solution into federal civilian agencies, and establishing strategic defense partnerships.
  • "It's a privilege to be a part of a company so committed to making the world a safer place," says Kisling.

Cadre Holdings to Acquire Cyalume Technologies

Retrieved on: 
Tuesday, May 3, 2022

Cadre Holdings, Inc. (NYSE: CDRE) (Cadre or the Company), a global leader in the manufacturing and distribution of safety and survivability equipment for first responders, today announced it has entered into a definitive agreement to acquire Cyalume Technologies, a leading manufacturer of proprietary chemical illumination solutions for military, first responder and other commercial applications.

Key Points: 
  • Cadre Holdings, Inc. (NYSE: CDRE) (Cadre or the Company), a global leader in the manufacturing and distribution of safety and survivability equipment for first responders, today announced it has entered into a definitive agreement to acquire Cyalume Technologies, a leading manufacturer of proprietary chemical illumination solutions for military, first responder and other commercial applications.
  • The business is expected to generate approximately $25 million in pro forma revenues for the calendar year ending December 31, 2022.
  • Warren B. Kanders, Chairman and CEO of Cadre, said, We are pleased to enter into an agreement for our second accretive acquisition since going public less than six months ago.
  • Headquartered in Jacksonville, Florida, Cadre is a global leader in the manufacturing and distribution of safety and survivability products for first responders.

Allied National Selects Gradient AI to Streamline its Group Health Underwriting Process to Support Strategic Growth

Retrieved on: 
Tuesday, March 8, 2022

Allied National specializes in individual and small group risk-based products for companies with two to 100 employees.

Key Points: 
  • Allied National specializes in individual and small group risk-based products for companies with two to 100 employees.
  • Due to its recent growth, the company sought to streamline and improve its underwriting process to support its future expansion.
  • It has become an integral part of Allied Nationals strategic growth plan as the company continues to serve the growing marketplace.
  • It has already successfully automated Allied Nationals many manual processes associated with underwriting, including eliminating cumbersome individual health questionnaires.

Canoo Increases Production Guidance and Targets for US Facilities

Retrieved on: 
Wednesday, December 15, 2021

JUSTIN, Texas, Dec. 15, 2021 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV) today announced it will accelerate and now shift production of its breakthrough electric vehicles from Europe to the United States.

Key Points: 
  • JUSTIN, Texas, Dec. 15, 2021 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV) today announced it will accelerate and now shift production of its breakthrough electric vehicles from Europe to the United States.
  • "Canoo is now in a position to issue guidance at a time when many others in the industry are reducing targets and projections.
  • There may be additional risks that Canoo does not presently know or that Canoo currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements.
  • However, while Canoo may elect to update these forward-looking statements at some point in the future, Canoo specifically disclaims any obligation to do so.