Department of Defence

Tower Semiconductor Awarded by Northrop Grumman for Supplier Excellence

Retrieved on: 
Wednesday, March 20, 2024
NOC, Department of Defence, Tower Semiconductor, Grumman, Global Operations, Defense, Corporation

MIGDAL HAEMEK, Israel, March 20, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced that Northrop Grumman Corporation (NYSE:NOC) has recognized Tower Semiconductor during the company’s Supplier Excellence Awards.

Key Points: 
  • MIGDAL HAEMEK, Israel, March 20, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced that Northrop Grumman Corporation (NYSE:NOC) has recognized Tower Semiconductor during the company’s Supplier Excellence Awards.
  • “Tower Semiconductor has helped to advance national security solutions and achieve mission success,” said Matt Bromberg, Corporate Vice President, Global Operations Northrop Grumman.
  • “Northrop Grumman’s supplier partners connect and protect the warfighter, defining what is possible in the battlespace because of our shared commitment to the highest industry standards across the defense industrial base.”
    Recognized for Strategic Excellence, Tower Semiconductor was instrumental in aiding Northrop Grumman with manufacturing and distribution goals as the industry works to support Department of Defense customers and other commercial entities.
  • “We are honored to receive this recognition from Northrop Grumman, underscoring our dedication to excellence and ongoing efforts to support our customers in achieving their mission-critical goals," said Mike Scott, Senior Director, Tower Semiconductor USA Aerospace & Defense.

Mitesco Announces Advisory Board Appointments

Retrieved on: 
Tuesday, March 19, 2024
Department of Defence, CPG, Evolution Fresh, Emory University, Thein, Coca-Cola, Information, Park University, PepsiCo, SDVOSB, Advisory board, Public policy, Hebrew University of Jerusalem, University, OTC, Liberty University, Starbucks, Engineering, MIS, Odwalla, CIPP, Corporate title, Advisory, Marketing, Service-Disabled Veteran-Owned Small Business, MITI, Le Cordon Bleu, Arms industry

VERO BEACH, FL, March 19, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Mitesco, Inc. (OTC:MITI, “the Company”, www.mitescoinc.com ) today announced that it has appointed three (3) professionals to its recently formed “Advisory Board”.

Key Points: 
  • VERO BEACH, FL, March 19, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Mitesco, Inc. (OTC:MITI, “the Company”, www.mitescoinc.com ) today announced that it has appointed three (3) professionals to its recently formed “Advisory Board”.
  • The Board will be comprised of individuals with specific subject matter expertise who may assist the Company in finding and evaluating qualified companies.
  • The Advisory Board is a non-executive board, and its participants shall not be subject to any of the regulations under Section 16 of the Securities Act.
  • The initial appointments to the Advisory Board are as follows:
    With a career in data security, Ms. Kristen Plybon is a cybersecurity professional with a strong background in data privacy with CIPP/US and CIPP/E certifications.

Resilinc Assessed “Awardable” for Department of Defense Work in the CDAO’s Tradewinds Solutions Marketplace

Retrieved on: 
Tuesday, March 19, 2024
Failure, Department of Defence, Government, Digital, Artificial intelligence, Electronics, AI, OEM, Fortune 500, Machine learning, Federal, Map, Online shopping

The Tradewinds Solutions Marketplace is the premier offering of Tradewinds, the Department of Defense’s (DoD’s) suite of tools and services designed to accelerate the procurement and adoption of Artificial Intelligence (AI)/Machine Learning (ML), data, and analytics capabilities.

Key Points: 
  • The Tradewinds Solutions Marketplace is the premier offering of Tradewinds, the Department of Defense’s (DoD’s) suite of tools and services designed to accelerate the procurement and adoption of Artificial Intelligence (AI)/Machine Learning (ML), data, and analytics capabilities.
  • Resilinc’s solutions help global organizations put preventative supply chain risk management measures in place, like monitoring, mapping, and supplier risk scoring.
  • Resilinc was recognized among a competitive field of applicants to the Tradewinds Solutions Marketplace whose solutions demonstrated innovation, scalability, and potential impact on DoD missions.
  • Government customers interested in viewing the video solution can create a Tradewinds Solutions Marketplace account at tradewindAI.com.

Daxor Corporation CEO and President Michael Feldschuh Provides Corporate Update in Letter to Shareholders

Retrieved on: 
Monday, March 18, 2024
Department of Defence, Food and Drug Administration, Burn, Learning, Patient, BVA, Sale, Nature, Statistics, Investment, Note, LVAD, ICU, Duke, Form, Blood volume, NIH, Heart failure, Length of stay, American College, Operation, Hand, Health, Food, Sepsis, Acceleration, Letter, Proxy, Knowledge, Research, Hospital, Acquisition, CLIA, Clinical study design, Family, FDA, Consultant, Annual general meeting, Diagnosis, RCT, Financial statement, Growth, Syncope, Mortality, National Institutes of Health, Nursing care plan, Bangladesh Technical Education Board, Net, Government, Physician, Medicine, Pharmaceutical industry

We have never been more focused on our mission and goals. Every team member at Daxor sees both the remarkable strides the company has made over the past year solidifying its position as the global leader in blood volume measurement technology and the promise of what our rapid expansion means for both the company and the tens of millions of patients whose care we are eager to significantly improve. In every area 2023 and the strong start of 2024 has shown substantial progress for the company -- in revenue growth, new customer acquisitions, increasing utilization of our products by existing customers, next generation systems completed and under Food and Drug Administration (FDA) review, positive clinical studies, new patents granted and pending, successful National Institutes of Health (NIH) grant awards, Department of Defense (DoD) contracts awarded, and further research and development for groundbreaking products set to launch in subsequent fiscal years. I will detail below more in these areas but first wish to review why our company’s mission to commercialize the products that enable optimal patient care is so vital.

Key Points: 
  • Oak Ridge, TN, March 18, 2024 (GLOBE NEWSWIRE) -- Daxor Corporation (Nasdaq: DXR), the global leader in blood volume measurement technology today issued a corporate update in a Letter to Shareholders filed in its certified shareholder report on Form N-CSR on March 15, 2023 from CEO & President, Michael Feldschuh.
  • Many of these markers are costly, some are invasive, and none are accurate – in contrast to Daxor’s proven 98% accurate system.
  • Care teams cannot effectively treat what they do not correctly diagnose, so our rapid accurate diagnostic test is a game-changer.
  • Daxor has been reporting as an investment company under the Investment Company Act of 1940 since January 1, 2012.

Warrior Protection and Readiness Coalition Hosts Successful 2024 Legislative Summit

Retrieved on: 
Thursday, March 14, 2024
Sentinel, Department of Defence, Congress, Textile, Member of Congress, NJ-1, Clothing, Federation, Safety, CNA, Personal protective equipment, RFI, Federal, WPRC, Army, Commander

MARBLEHEAD, Mass., March 14, 2024 (GLOBE NEWSWIRE) -- This past week, the Warrior Protection and Readiness Coalition (WPRC) hosted its 15th annual Legislative Summit in Washington D.C., bringing together 100 industry leaders of the domestic manufacturing companies who support the uniform and equipment needs of the warfighter.

Key Points: 
  • MARBLEHEAD, Mass., March 14, 2024 (GLOBE NEWSWIRE) -- This past week, the Warrior Protection and Readiness Coalition (WPRC) hosted its 15th annual Legislative Summit in Washington D.C., bringing together 100 industry leaders of the domestic manufacturing companies who support the uniform and equipment needs of the warfighter.
  • During this event, the WPRC announced that Senator John Boozman and U.S. Representative Donald Norcross (NJ-1) have been awarded the 2024 WPRC Sentinel Award.
  • This accolade is in recognition of their outstanding legislative work to bolster the U.S. domestic defense industrial base, which plays a crucial role in supporting U.S. servicemembers and homeland security personnel.
  • This was an opportunity for WPRC members to hear directly from Department of Defense (DoD) and executive leadership regarding the Administration’s domestic defense industrial base priorities.

Spero Therapeutics Announces Fourth Quarter and Full Year 2023 Operating Results and Provides a Business Update

Retrieved on: 
Wednesday, March 13, 2024
Gram-negative bacteria, Department of Defence, Urinary tract infection, GSK, Patient, Human services, Quality of life, IND, Tebipenem, Clinical trial, Therapy, Infection, Research, Policy, Treasurer, Carbapenem-resistant enterobacteriaceae, Safety, Pharmacokinetics, Federal, Food, AP, Drug discovery, Disease, Kidney, SPA, Acinetobacter baumannii, MDR, Pyelonephritis, Annual report, FDA, Army, HBR, Government, Unitary state, NTM, Assistant, Fungal infection, Pseudomonas aeruginosa, Hope, National Institutes of Health, ID, Mycobacterium avium complex, Bangladesh Technical Education Board, Administration, Pharmaceutical industry

“2023 was a productive year for Spero and we have been focused on execution across our programs,” said Sath Shukla, President, and Chief Executive Officer of Spero.

Key Points: 
  • “2023 was a productive year for Spero and we have been focused on execution across our programs,” said Sath Shukla, President, and Chief Executive Officer of Spero.
  • Top-line data from the Phase 2a proof-of-concept clinical trial in treatment-naive and treatment-experienced non-refractory NTM-PD patients is expected in 2H 2024.
  • Spero commenced enrollment in PIVOT-PO, a global, randomized, double-blind, Phase 3 clinical trial of tebipenem HBr in patients with cUTI, including AP in December 2023.
  • Total revenue for the fourth quarter of 2023 was $73.5 million, compared with total revenue of $47.4 million for the fourth quarter of 2022.

OSS Wins U.S. Intelligence AI Project for Liquid Immersion-Cooled Storage Server at the Edge

Retrieved on: 
Tuesday, March 12, 2024
Department of Defence, Intel, SDS, Intelligence, Navy, OSS, NVM Express, HPC, Electronics, Artificial intelligence, Acquisition, AI, Water, Centauri, Solid-state drive, Machine learning, Defense, Video game

Procured through a global defense prime contractor, the win represents the first liquid immersion-cooled high-performance compute solution for a U.S. intelligence agency mobile ground station application and a new intelligence community end user for OSS.

Key Points: 
  • Procured through a global defense prime contractor, the win represents the first liquid immersion-cooled high-performance compute solution for a U.S. intelligence agency mobile ground station application and a new intelligence community end user for OSS.
  • OSS will integrate two 3U-SDS units into a liquid immersion-cooled system which will be a part of a deployable ground station at the edge.
  • The custom storage accelerator system will be ruggedized for the harshest of edge environments.
  • The OSS SDS storage system is also available for commercial and industrial use and can be ordered directly from OSS sales engineers at [email protected] or +1 (877) 438-2724.

Airbus Ventures Invests in OROS Labs®, Creators of Solarcore® Insulation, in $22M Series B Funding Round

Retrieved on: 
Wednesday, April 3, 2024
Defense, Finance, Contracts, Textiles, Chemicals, Plastics, Professional Services, Aerospace, Manufacturing, Teledyne Technologies, L.L.Bean, The North Face, Heat, Research, CTK, Department of Defence, Transport, Carbon, Teledyne FLIR, Venture, W. W. Grainger, Multimedia, Marketing, Government, Merrell, Columbia Sportswear, REI, Weather

Airbus Ventures announces its investment in OROS Labs, an innovative thermal solutions company, which has raised $22 million to support the company’s expansion in consumer, commercial, and government industries.

Key Points: 
  • Airbus Ventures announces its investment in OROS Labs, an innovative thermal solutions company, which has raised $22 million to support the company’s expansion in consumer, commercial, and government industries.
  • This round of funding was led by Airbus Ventures, with participation from REI Co-op Path Ahead Ventures, Platinum Mile Ventures, Culper Ventures, Crumpton Ventures, Iron Gate Capital Advisors, Enlightenment Capital, CTK and the Goldwin Play Earth Fund, among others.
  • With the flexible design of its thermal product suite, Solarcore® represents the most versatile aerogel materials ever made,” remarks Nicole Conner, Airbus Ventures Partner.
  • “We are proud to lead OROS Labs’ Series B round, and to bring the OROS Labs team into the Airbus Ventures portfolio.”
    “The support from our investors in this Series B funding round strongly reflects our ambition to reinvent a field that has seen limited innovation,” said Michael Markesbery, co-founder and CEO at OROS Labs.

ATLAS Space Operations Proves Operational Hybrid Space Architecture Capability

Retrieved on: 
Thursday, April 4, 2024
Hardware, Other Defense, Contracts, Aerospace, Data Management, Satellite, Manufacturing, Government Technology, Technology, Defense, Other Technology, Other Manufacturing, Telecommunications, Software, Engineering, Department of Defence, HSA, Government, Freedom, ATLAS, Space architecture, Architecture, Communications satellite

ATLAS Space Operations recently completed the successful operational integration of a Department of Defense (DoD) antenna through ATLAS’ Freedom Software Platform - demonstrating true hybrid network capability.

Key Points: 
  • ATLAS Space Operations recently completed the successful operational integration of a Department of Defense (DoD) antenna through ATLAS’ Freedom Software Platform - demonstrating true hybrid network capability.
  • Hybrid Space Architecture (HSA) has long been a sought-after capability.
  • As part of an effort to prove operational HSA capability, ATLAS enabled a DoD satellite mission operations center to access both its assigned DoD ground station and a network of public commercial ground stations using a single seamless software interface.
  • “This is a critical step forward in hybrid network infrastructure, one that goes beyond commercial augmentation by simultaneously enabling network expansion across government agencies,” said John Williams, CEO of ATLAS.

Cyberlux Corporation (OTC: CYBL) Releases 2023 Annual Report of Financial and Operational Results

Retrieved on: 
Monday, April 1, 2024
Defense, Technology, Telecommunications, Military, Other Defense, Contracts, Aircraft, CYBL, Department of Defence, Growth, Exercise, Fraction, Corporation, Acquisition, UAS, Completeness, Annual report, DMC, Bank statement, OTC, Aircraft systems, Government

Cyberlux Corporation CEO Mark Schmidt commented on the results: “2023 proved to be a noteworthy year with the strategic restructuring of all Cyberlux business units.

Key Points: 
  • Cyberlux Corporation CEO Mark Schmidt commented on the results: “2023 proved to be a noteworthy year with the strategic restructuring of all Cyberlux business units.
  • This initiative aimed to streamline operations and enhance the company's ability to deliver high-quality products and services to our customers.
  • The company reported the operations of these subsidiaries as a discontinued operation in the 2023 and 2022 financial statements.
  • For more information, please read the full 2023 Annual Report: https://www.otcmarkets.com/otcapi/company/financial-report/396408/content .