Valkyrie

Shield AI and Kratos Team up to Integrate AI Pilot on Valkyrie XQ-58

Retrieved on: 
Thursday, June 15, 2023

SAN DIEGO, June 15, 2023 /PRNewswire/ -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, and Shield AI, Inc., a defense technology company building the world's best AI pilot, have signed an agreement to integrate and bring to market an AI pilot built by Shield AI for Kratos' XQ-58 Valkyrie, making real the concept of crewed-uncrewed teaming for jet aircraft.

Key Points: 
  • Integration of AI Pilot onboard XQ-58 Valkyrie will unlock concept of intelligent, affordable mass for US DoD and Allies – the Holy Grail of Deterrence
    SAN DIEGO, June 15, 2023 /PRNewswire/ -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, and Shield AI, Inc., a defense technology company building the world's best AI pilot, have signed an agreement to integrate and bring to market an AI pilot built by Shield AI for Kratos' XQ-58 Valkyrie, making real the concept of crewed-uncrewed teaming for jet aircraft.
  • When you take an incredible, affordable uncrewed jet aircraft like the XQ-58 and pair it up with our AI pilot, you create a game-changing strategic deterrent."
  • "The Valkyrie is one of a very few number of uncrewed jet aircraft that are flying today, ramping in production, and are ready for AI pilot integration.
  • Shield AI has developed a combat-deployed AI pilot that has flown on a variety of platforms, including a quadcopter, their own manufactured Group 3 unmanned aircraft system called the V-BAT, and a modified F-16 fighter jet.

Battalion Oil Corporation Announces First Quarter 2023 Financial and Operating Results

Retrieved on: 
Monday, May 15, 2023

HOUSTON, May 15, 2023 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the first quarter of 2023.

Key Points: 
  • HOUSTON, May 15, 2023 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the first quarter of 2023.
  • Excluding the impact of hedges, Battalion realized 95% of the average NYMEX oil price during the first quarter of 2023.
  • Lease operating and workover expense was $8.94 per Boe in the first quarter of 2023 versus $9.32 per Boe in the first quarter of 2022.
  • General and administrative expense was $3.53 per Boe in the first quarter of 2023 and $3.75 per Boe in the first quarter of 2022.

Kratos Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 3, 2023

SAN DIEGO, May 03, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a Technology Company in the Defense, National Security and Global Markets, today reported its first quarter 2023 financial results. For the first quarter of 2023, Kratos reported Revenues of $231.8 million, Operating Income of $0.5 million, Net Loss of $7.0 million, Adjusted EBITDA of $17.0 million and a consolidated book to bill ratio of 1.1 to 1.0.  

Key Points: 
  • First Quarter 2023 Revenues of $231.8 Million Increased 18.1 Percent over First Quarter 2022 Revenues of $196.2 Million, including 12.0 Percent Organic Growth
    First Quarter 2023 and Last Twelve Months Ended March 26, 2023 Consolidated Book to Bill Ratio of 1.1 to 1
    SAN DIEGO, May 03, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a Technology Company in the Defense, National Security and Global Markets, today reported its first quarter 2023 financial results.
  • Adjusted EPS was $0.06 for the first quarter of 2023, compared to $0.04 for the first quarter of 2022.
  • First quarter 2023 Revenues of $231.8 million increased $35.6 million, or 18.1 percent, from first quarter 2022 Revenues of $196.2 million.
  • Eric DeMarco, Kratos’ President and CEO, said, “Kratos’ expected 2023 transition to sustained year over year increasing revenues, profitability and operating cash flow, is on track with our first quarter results, including 12 percent organic growth and our affirmed full year 2023 financial forecast.

Kratos Reports Fourth Quarter and Fiscal 2022 Financial Results

Retrieved on: 
Thursday, February 23, 2023

SAN DIEGO, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, today reported its fourth quarter and fiscal year 2022 financial results. For the fourth quarter of 2022, Kratos reported Revenues of $249.3 million, Operating Income of $4.1 million, Net Loss of $8.3 million, Adjusted EBITDA of $19.2 million and a consolidated book to bill ratio of 1.2 to 1.0.  

Key Points: 
  • Fiscal 2022 Revenues of $898.3 Million and Fourth Quarter 2022 Revenues of $249.3 Million Increased 10.7 Percent and 17.8 Percent over Fiscal Year and Fourth Quarter 2021 Revenues, Respectively
    SAN DIEGO, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, today reported its fourth quarter and fiscal year 2022 financial results.
  • Adjusted EPS was $0.08 for the fourth quarter of 2022, compared to $0.11 for the fourth quarter of 2021.
  • Fourth quarter 2022 Revenues of $249.3 million increased $37.7 million, or 17.8 percent, from fourth quarter 2021 Revenues of $211.6 million.
  • The approximate three-month CRA from October 1, 2022 to December 29, 2022 adversely impacted the Company’s Fiscal 2022 fourth quarter and is expected to adversely impact the Company’s Fiscal 2023 first quarter, with such adverse impacts expected to begin to decline in Kratos’ second fiscal quarter of 2023.

David Streett Takes Helm as Valkyrie CEO

Retrieved on: 
Wednesday, January 18, 2023

Jeff Weber, Partner at DC Capital, said, "Gary Lisota and Dave Streett have built Valkyrie into a formidable platform.

Key Points: 
  • Jeff Weber, Partner at DC Capital, said, "Gary Lisota and Dave Streett have built Valkyrie into a formidable platform.
  • Valkyrie Founder and former CEO, Gary Lisota, will continue in a senior leadership role as Vice Chairman and focus on growth and business development.
  • "I am honored to have the opportunity to lead Valkyrie Enterprises," Streett said.
  • David began his career serving in the U.S. Navy nuclear power program in the submarine service.

Sign Up Today for the TRON Grand Hackathon a.k.a. “HackaTRON” Season 4

Retrieved on: 
Thursday, February 2, 2023

Sign Up Today for the TRON Grand Hackathon a.k.a.

Key Points: 
  • Sign Up Today for the TRON Grand Hackathon a.k.a.
  • “HackaTRON” Season 4
    Sign Up Today for the TRON Grand Hackathon a.k.a.
  • “HackaTRON” Season 4
    Season 4 of the TRON Grand Hackathon has begun!
  • If you are a blockchain enthusiast, developer, or entrepreneur, then you don’t want to miss all that Season 4 has in store.

Kratos, USAF Further Advance Capabilities in Successful XQ-58A Valkyrie Block 2 Flight Focused on Operational Aspects

Retrieved on: 
Thursday, November 3, 2022

This flight was conducted with another of the Block 2 Valkyrie aircraft produced in the company-initiated 12-lot build and was the first flight for this tail number.

Key Points: 
  • This flight was conducted with another of the Block 2 Valkyrie aircraft produced in the company-initiated 12-lot build and was the first flight for this tail number.
  • The flight was conducted with and demonstrated encrypted communications with redundant radios/communications (comms) packages for range and operational missions remote from government ranges.
  • For the final test point, the aircraft navigated to the landing site in a simulated loss of communications scenario.
  • It landed within the target zone, demonstrating key autonomous capability for the end of mission phase of flight and recovery of the aircraft without RF comms.

Abingdon, Poised to Lead Female Watch Performance Market with Rebrand

Retrieved on: 
Friday, October 21, 2022

LAS VEGAS, Oct. 21, 2022 /PRNewswire/ -- The Abingdon Co. has a fresh new look and is excited to announce the next step in its evolution emerging as Abingdon. The new brand, which includes a new logo, watch designs, packaging, website, and imagery, has been designed to reflect the values of the company. Abingdon provides high-quality, purpose-built watches for women who do more. Every detail of an Abingdon watch from the hands on the dial to the buckle on the band is designed to help customers reach their goals. Abingdon continues to empower consumers with a strong focus on supplying the tools they need to succeed so they can climb, drive, fly, ride and discover.

Key Points: 
  • The new brand, which includes a new logo, watch designs, packaging, website, and imagery, has been designed to reflect the values of the company.
  • Every detail of an Abingdon watch from the hands on the dial to the buckle on the band is designed to help customers reach their goals.
  • Those who purchase a watch become part of the Abingdon Crew and these fearless members do impressive things in remarkable places.
  • Celebrities including Laura Dern and Jasmine Davis have also been spotted wearing an Abingdon watch.

New Girls' Softball Association Has Been Formed for Geneva IL

Retrieved on: 
Thursday, October 13, 2022

GENEVA, Ill., Oct. 13, 2022 /PRNewswire-PRWeb/ -- 33 years ago, Geneva residents established a community-based organization for young boys to play baseball. This association was based on the foundation for the love of the sport, and it also provided a feeder program for boys' baseball programs in the community and high school. Now, 33 years later, history has been made again, as the new GSA supports the young women of Geneva. According to Lisa Leslie, President of the Geneva Softball Association, "We felt it was time to be able to tell our daughters they also have a place in our community and now have the opportunity for personal growth by playing in a team sport like softball."

Key Points: 
  • A new Geneva Softball Association (GSA) has been formed for girls starting at 9 years of age and older in Geneva, IL.
  • GENEVA, Ill., Oct. 13, 2022 /PRNewswire-PRWeb/ -- 33 years ago, Geneva residents established a community-based organization for young boys to play baseball.
  • Now, 33 years later, history has been made again, as the new GSA supports the young women of Geneva.
  • Lisa Leslie, Business Development Director with Freeman, partnered with her co-coach of 4 years, Diane Bemer, Middle School Math Teacher, to formulate the Geneva Softball Association.

Intrepid Automation introduces “Valkyrie” systems for scalable production using patented modular DLP technology

Retrieved on: 
Sunday, September 18, 2022

Intrepid Automation, a manufacturing technology company that develops custom, end-to-end solutions for large scale manufacturing customers using 3D print technology and materials, announced this week the launch of the Valkyrie system: a large-format, industrial-grade, modular tool for manufacturing customers to quickly scale production of printed patterns, molds, and parts.

Key Points: 
  • Intrepid Automation, a manufacturing technology company that develops custom, end-to-end solutions for large scale manufacturing customers using 3D print technology and materials, announced this week the launch of the Valkyrie system: a large-format, industrial-grade, modular tool for manufacturing customers to quickly scale production of printed patterns, molds, and parts.
  • Most 3D print manufacturing processes today are slow, expensive, deliver inconsistent accuracy, and are difficult to scale, says Ben Wynne, CEO of Intrepid Automation.
  • Intrepid Automation creates custom, industrial-scale additive manufacturing systems for high volume production: 3D printers, software, materials, automation, and quality control.
  • Our end-to-end systems integrate high-speed, patented modular DLP technology with materials optimized for additive manufacturing to produce end-use parts with less waste and a smaller carbon footprint.