Government Technology

TrustPoint Announces AFWERX Phase II Contract Award

Retrieved on: 
Tuesday, April 9, 2024

TrustPoint announces it has been selected by AFWERX for a STTR Phase II in the amount of $1.6M focused on advanced resilient navigation applications to address the most pressing challenges in the Department of the Air Force (DAF).

Key Points: 
  • TrustPoint announces it has been selected by AFWERX for a STTR Phase II in the amount of $1.6M focused on advanced resilient navigation applications to address the most pressing challenges in the Department of the Air Force (DAF).
  • The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution.
  • "This program marks the next phase of investment by the U.S. Government into TrustPoint's suite of advanced PNT applications, which go well beyond the historic purpose of simply deriving a position from GPS signals," said TrustPoint CEO and Founder, Patrick Shannon.
  • "We are excited by the DoD's support and shared vision for the future of commercial space-based PNT."

Evolv Technology to Release First Quarter Financial Results on May 9, 2024

Retrieved on: 
Monday, April 8, 2024

Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based screening to create safer experiences, announced that the Company will release financial results for the first quarter of 2024 on Thursday, May 9, 2024, after the market closes.

Key Points: 
  • Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based screening to create safer experiences, announced that the Company will release financial results for the first quarter of 2024 on Thursday, May 9, 2024, after the market closes.
  • Members of the Company’s management team plan to host a live conference call and webcast at 4:30 p.m. Eastern Time on that day to discuss the financial results as well as management’s outlook for the business.
  • The conference call may be accessed in the United States by dialing +1.877.692.8955 and using access code 825879.
  • The conference call may be accessed outside of the United States by dialing +1.234.720.6979 and using the same access code.

Global Tactical UAV Industry Research 2023-2033: Integration of Artificial Intelligence (AI) and Rising Geopolitical Tensions and Security Concerns Fueling Developments and Expansion - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

As technology continues to evolve, these tactical unmanned aerial vehicles (UAVs) play a crucial role in addressing emerging threats and safeguarding national security interests.

Key Points: 
  • As technology continues to evolve, these tactical unmanned aerial vehicles (UAVs) play a crucial role in addressing emerging threats and safeguarding national security interests.
  • The tactical Unmanned Aerial Vehicle (UAV) market is experiencing a transformative surge, presenting a paradigm shift in military and security solutions globally.
  • The global tactical unmanned aerial vehicle (UAV) market based on UAV type is led by fixed wing unmanned aerial vehicle (UAV).
  • Competitive Strategy: Key players in the tactical UAV market analyzed and profiled in the study involve tactical unmanned aerial vehicle (UAV) products offering companies.

Fairbanks Morse Defense Reshaping U.S. Shipbuilding Supply Chain with Strategic Acquisitions

Retrieved on: 
Monday, April 8, 2024

Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .

Key Points: 
  • Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .
  • “ Revitalizing the U.S. shipbuilding industry requires us to adopt a new approach, but we can’t do that if we don’t have control over our national defense supply chain ,” said Fairbanks Morse Defense CEO George Whittier.
  • U.S. shipbuilding has declined since the 1980s when Federal policies supporting a robust American shipbuilding industry were abandoned.
  • Of the six U.S. companies manufacturing large medium-speed diesel engines before 1980, Fairbanks Morse Defense is the only remaining domestic producer.

U.S. Space Force Awards Rocket Lab Launch Contract for Space Test Program (STP)-S30

Retrieved on: 
Monday, April 8, 2024

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”) today announced it has been awarded a $14.49 million task order by the U.S. Space Force (USSF) to launch an Electron mission from Launch Complex 2.

Key Points: 
  • Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”) today announced it has been awarded a $14.49 million task order by the U.S. Space Force (USSF) to launch an Electron mission from Launch Complex 2.
  • The mission, called Space Test Program-30 (STP-S30) falls under the Space Systems Command (SSC) Assured Access to Space organization and is part of Orbital Services Program-4 (OSP-4).
  • View the full release here: https://www.businesswire.com/news/home/20240408470615/en/
    Electron at Launch Complex 2 at the Mid-Atlantic Regional Spaceport within NASA Wallops Flight Facility in Virginia.
  • "Flexible, responsive, and reliable launch is critical to ensuring resilient space capabilities for the nation and we’re proud to deliver it to the Space Force once again with Electron,” said Rocket Lab founder and CEO Peter Beck.

Battelle Delivers Up-Armored Ford Expeditions to U.S. Department of State

Retrieved on: 
Monday, April 8, 2024

Battelle has delivered four upgraded Ford Expeditions to the United States Department of State (DoS) for testing, evaluation, and certification.

Key Points: 
  • Battelle has delivered four upgraded Ford Expeditions to the United States Department of State (DoS) for testing, evaluation, and certification.
  • Battelle upgraded the Expeditions with armor and technology to meet specific protection mission requirements while leaving the original showroom appearance.
  • Battelle is also producing 229 up-armored Toyota Land Cruiser 200s for DoS that will be delivered within the next 15 months.
  • “We are really proud of these vehicles,” said Battelle Ground Systems Senior Program Manager Jim LaBine.

The Czechoslovak Group Highlights the Benefits of Its Planned Acquisition of Vista Outdoor’s Sporting Products Business, The Kinetic Group

Retrieved on: 
Monday, April 8, 2024

CSG also highlighted the benefits of its planned Acquisition:

Key Points: 
  • CSG also highlighted the benefits of its planned Acquisition:
    “CSG is a leading industrial technology company operating across strategic business segments including defense, aerospace, ammunition and mobility.
  • We look forward to successfully closing the Acquisition of The Kinetic Group and becoming the steward of such venerable American brands as Federal, CCI and Remington.
  • CSG understands the special importance to American consumers of the brands that are part of The Kinetic Group.
  • Working alongside Vista Outdoor, we are actively engaged in the process and believe we will secure all required approvals.

Tata Advanced Systems Limited and Satellogic Announce TSAT-1A Satellite Launch Success

Retrieved on: 
Monday, April 8, 2024

TSAT-1A has been assembled in TASL’s Assembly, Integration and Testing (“AIT”) plant at its Vemagal facility in Karnataka.

Key Points: 
  • TSAT-1A has been assembled in TASL’s Assembly, Integration and Testing (“AIT”) plant at its Vemagal facility in Karnataka.
  • This achievement follows the collaboration signed between TASL and Satellogic in November 2023, leveraging Satellogic’s expertise to develop and integrate an advanced EO satellite in India and TASL’s capability to undertake complex system integration.
  • Sukaran Singh, Chief Executive Officer and Managing Director, TASL, said, “This milestone shows TASL’s commitment to the space sector.
  • “Congratulations to both teams on the efficient collaboration that brought TSAT-1A to life and ready for launch,” commented Emiliano Kargieman, CEO at Satellogic.

TRIVAD Recognized by Northrop Grumman for Quality Excellence

Retrieved on: 
Monday, April 8, 2024

Northrop Grumman Corporation (NYSE:NOC) has recognized TRIVAD for Quality Excellence during the company’s Supplier Excellence Awards.

Key Points: 
  • Northrop Grumman Corporation (NYSE:NOC) has recognized TRIVAD for Quality Excellence during the company’s Supplier Excellence Awards.
  • “TRIVAD has helped to advance national security solutions and achieve mission success,” said Matt Bromberg, Corporate Vice President, Global Operations Northrop Grumman.
  • “To be chosen for this coveted award from tens of thousands of Northrop Grumman suppliers is the greatest honor.
  • We take great pride as a significant partner in this industry, and like Northrop Grumman, the TRIVAD name is also synonymous with Quality Excellence.

Terran Orbital Showcases Key Programs at 2024 Space Symposium

Retrieved on: 
Friday, April 5, 2024

Today, Terran Orbital Corporation (NYSE: LLAP ) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, announces its space-related technologies and programs for the 2024 39th Space Symposium (April 8-11, Broadmoor Hotel, Colorado Springs, CO).

Key Points: 
  • Today, Terran Orbital Corporation (NYSE: LLAP ) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, announces its space-related technologies and programs for the 2024 39th Space Symposium (April 8-11, Broadmoor Hotel, Colorado Springs, CO).
  • Schedule an interview with Marc Bell, Terran Orbital's Co-Founder, Chairman, and CEO, to learn more about Terran Orbital's vision for the future of space.
  • Schedule a meeting with our leadership team at 2024 Space Symposium April 9-11, 2024.
  • Join Terran Orbital and Advanced Space for a Happy Hour at the Space Symposium to celebrate 500+ days of the CAPSTONE mission in lunar orbit!