Pleo

Reticulate Micro to Exhibit at SATELLITE 2024

Retrieved on: 
Thursday, March 14, 2024

PALM BAY, Fla., March 14, 2024 /PRNewswire/ -- Reticulate Micro, Inc., a commercial and defense technology company dedicated to delivering trusted and resilient communications over any transport and in any environment, announced that it will exhibit at the SATELLITE 2024 Conference and Exhibition, hosted in Washington, D.C. at the Walter E. Washington Convention Center, March 19-21.

Key Points: 
  • PALM BAY, Fla., March 14, 2024 /PRNewswire/ -- Reticulate Micro, Inc., a commercial and defense technology company dedicated to delivering trusted and resilient communications over any transport and in any environment, announced that it will exhibit at the SATELLITE 2024 Conference and Exhibition , hosted in Washington, D.C. at the Walter E. Washington Convention Center, March 19-21.
  • VAST is Reticulate Micro's open-standards, software-defined encoder that delivers higher compression and lower bitrates capability without reliance on hubs or cloud services.
  • Reticulate Micro is solving this long-languishing inability to orchestrate terminal commissioning, command and control that has only been partially implemented until now.
  • SATELLITE marks Reticulate's first major industry tradeshow since announcing its SATCOM-focused business segment, Reticulate Space.

Molten Ventures Plc: Secondary position in Seedcamp Fund III

Retrieved on: 
Wednesday, March 13, 2024

Molten Ventures plc (LSE: GROW, Euronext Dublin: GRW), a leading venture capital firm investing in and developing high growth digital technology businesses, is pleased to announce the acquisition of a secondary position in Seedcamp Fund III.

Key Points: 
  • Molten Ventures plc (LSE: GROW, Euronext Dublin: GRW), a leading venture capital firm investing in and developing high growth digital technology businesses, is pleased to announce the acquisition of a secondary position in Seedcamp Fund III.
  • The Group has acquired approximately 19% of the Fund for €8.5m.
  • The acquisition is in line with the Group’s previously communicated strategy to access exceptional secondary investments at attractive valuations.
  • Molten Ventures has previously acquired secondary positions in Seedcamp Funds I & II, Earlybird DWES Funds IV and Earlybird Digital East Fund I. Molten’s secondary strategy leverages its network in the venture capital market to provide liquidity to later life funds, with a focus on acquiring portfolios of high quality assets with nearer term visibility on realisation opportunities.

U.S. Department of Defense Awards Low Earth Orbit IDIQ Contract to SES Space & Defense

Retrieved on: 
Friday, October 20, 2023

SES Space & Defense, a wholly-owned subsidiary of SES, has been awarded a five-year, Indefinite Delivery Indefinite Quantity (IDIQ) contract for proliferated Low Earth Orbit (pLEO) satellite-based services (SBS).

Key Points: 
  • SES Space & Defense, a wholly-owned subsidiary of SES, has been awarded a five-year, Indefinite Delivery Indefinite Quantity (IDIQ) contract for proliferated Low Earth Orbit (pLEO) satellite-based services (SBS).
  • The IDIQ vehicle was awarded through the Defense Information Systems Agency’s (DISA) Defense Information Technology Contracting Organization (DITCO) by the U.S. Space Force.
  • Under the multi-award contract, valued at up to USD 900 million, the U.S. Department of Defense (DoD), federal agencies, and international coalition partners can acquire fully managed low-latency LEO SBS from 16 selected awardees , including SES Space & Defense.
  • “The pLEO IDIQ is the first multiple award contract to deliver pLEO COMSATCOM services to the government and military,” said SES Space & Defense President and CEO, David Fields.

U.S. Space Force Awards Viasat Contract for Proliferated Low Earth Orbit Satellite Services

Retrieved on: 
Wednesday, September 6, 2023

CARLSBAD., Calif., Sept. 6, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that Inmarsat Government, now part of Viasat, was awarded a Proliferated Low Earth Orbit (PLEO) Satellite-Based Services (SBS) contract by the U.S. Defense Information Systems Agency (DISA) on behalf of the U.S. Space Force's (USSF) Space Systems Command (SSC).

Key Points: 
  • CARLSBAD., Calif., Sept. 6, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that Inmarsat Government, now part of Viasat, was awarded a Proliferated Low Earth Orbit (PLEO) Satellite-Based Services (SBS) contract by the U.S. Defense Information Systems Agency (DISA) on behalf of the U.S. Space Force's (USSF) Space Systems Command (SSC).
  • Inmarsat Government is one of 16 companies selected for the $900 million ceiling, 10-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract.
  • The company will provide a suite of fully-managed pLEO satellite-based services and capabilities, to include space relay services, supplemented by GEO and NGSO satellites, supporting all domains – space, air, land, maritime and cyber.
  • As a leading satellite network integrator, Viasat has worked with trusted satellite owners/operators to provide the bandwidth government customers require at a cost-effective price point.

Raytheon Technologies and SpiderOak Collaborate to Secure Satellite Communications in Proliferated Low-Earth Orbit

Retrieved on: 
Tuesday, April 11, 2023

CAMBRIDGE, Mass., April 11, 2023 /PRNewswire/ -- Raytheon Technologies' (NYSE: RTX) BBN division and SpiderOak announced a strategic partnership to develop and field a new generation of zero-trust security systems for satellite communications in proliferated low-Earth orbit, or pLEO.

Key Points: 
  • CAMBRIDGE, Mass., April 11, 2023 /PRNewswire/ -- Raytheon Technologies' (NYSE: RTX) BBN division and SpiderOak announced a strategic partnership to develop and field a new generation of zero-trust security systems for satellite communications in proliferated low-Earth orbit, or pLEO.
  • SpiderOak's OrbitSecure solution will be combined with Raytheon BBN's Distributed, Disrupted, Disconnected and Denied (D4) secure cloud solution to ensure resilience of mesh networks in contested environments.
  • "This partnership is paving the way toward secure, on-demand, Geostationary Equatorial Orbit network-like pLEO communications," said Raytheon BBN President Jason Redi.
  • During this one-year effort, Raytheon, Raytheon BBN, SEAKR Engineering, and SpiderOak will integrate the capability developed during phase one into space-qualified hardware with the goal of making it flight-ready.

Trident Space Electronic Systems to Exhibit at Satellite 2023

Retrieved on: 
Tuesday, March 7, 2023

FAIRFAX, Va., March 7, 2023 /PRNewswire-PRWeb/ -- Trident Systems Inc. will be exhibiting at Satellite in Washington, DC at the Walter E. Washington Convention Center on March 14-16, 2023, at booth #1559. The Space Electronic Systems (SES) group will be presenting and discussing its small satellite enabling electronics, including its latest Xilinx Versal-based on-board processor for on-orbit AI/ML applications. Additionally, products supporting proliferated Low Earth Orbit (pLEO) programs will be on display with staff on hand to discuss their applicability to a wide range of mission applications. Email us at [email protected] to setup a meeting or stop by booth #1559 to learn more.    

Key Points: 
  • Trident Systems will showcase their newest Multi-Function RF and Processing Electronics on March 14-16th, 2023 at Satellite 2023 in Washington, DC.
  • FAIRFAX, Va., March 7, 2023 /PRNewswire-PRWeb/ -- Trident Systems Inc. will be exhibiting at Satellite in Washington, DC at the Walter E. Washington Convention Center on March 14-16, 2023, at booth #1559.
  • The Space Electronic Systems (SES) group will be presenting and discussing its small satellite enabling electronics, including its latest Xilinx Versal-based on-board processor for on-orbit AI/ML applications.
  • Email us at [email protected] to setup a meeting or stop by booth #1559 to learn more.

Slingshot Aerospace Awards Contract to HawkEye 360 for Monitoring Global GPS Interference in Support of the U.S. Space Force

Retrieved on: 
Thursday, January 19, 2023

HERNDON, Va., Jan. 19, 2023 /PRNewswire/ -- HawkEye 360 Inc., the world's leading commercial provider of space-based radio frequency (RF) data and analytics, announced today that Slingshot Aerospace awarded the RF data provider a contract to provide data for Slingshot's space-based monitoring and detection of RF threats and to support Slingshot's proliferated Low Earth Orbit (pLEO) Data Exploitation and Enhanced Processing (DEEP) program for the U.S. Space Force's Space Systems Command (SSC).

Key Points: 
  • "GPS is heavily integrated in the day-to-day operations of our global landscape, but one signal interference by an adversary can disrupt many functions of an economy and military," said Alex Fox, HawkEye 360 Chief Growth Officer.
  • "Through this partnership with Slingshot Aerospace, and the cooperative support of the Space Systems Command, HawkEye 360 is thankful for the opportunity to add an extra dimension to GPS interference discovery and incorporate our unique capabilities into the U.S. Space Force architecture to prevent and combat electronic warfare."
  • "Slingshot Aerospace is excited to add HawkEye 360 to our world-class roster of data providers.
  • HawkEye 360's data will support developmental and operational test events that provide insight into how to detect early signs of nefarious RF activity.

Constitutional Amendment allows for e-signing of cabinet decrees: Scrive sees symbolic milestone for digitalisation in Sweden and beyond

Retrieved on: 
Wednesday, November 30, 2022

STOCKHOLM, Nov. 30, 2022 /PRNewswire/ -- The newest amendment to the Swedish constitution makes it possible for cabinet decrees to be signed electronically.

Key Points: 
  • STOCKHOLM, Nov. 30, 2022 /PRNewswire/ -- The newest amendment to the Swedish constitution makes it possible for cabinet decrees to be signed electronically.
  • Scrive, a Stockholm-based electronic signature and identification solutions provider, sees this decision as a symbolic milestone towards the greater adoption of digitalisation in Sweden and beyond.
  • A digitalisation leader since 2010, Scrive automates agreements-based business processes with electronic signature and identification solutions.
  • Along the way to becoming the Nordic market leader in e-signing, Scrive became the first to use blockchain technology to secure document integrity.

AFRL and SDA contracts total $1.5 million in new awards for Cognitive Space

Retrieved on: 
Tuesday, November 8, 2022

HOUSTON, Nov. 8, 2022  /PRNewswire-PRWeb/ -- The U.S. Air Force has extended Cognitive Space's contract under a new TACFI award to enhance the Cognitive Inference Tasking (CNTIENT®) product to include tasking predictive analytics with commercial satellite vendors. The $1.2 million contract builds on Cognitive Space's work to develop a tailored version of CNTIENT for AFRL to achieve ultimate responsiveness and optimized dynamic satellite scheduling via a cloud-based API. The award follows a $1.5 million U.S. Air Force Small Business Innovation Research award that the company won in 2020 to integrate CNTIENT with commercial ground station providers in support of AFRL's Hybrid Architecture Demonstration (HAD) program.

Key Points: 
  • The $1.2 million contract builds on Cognitive Space's work to develop a tailored version of CNTIENT for AFRL to achieve ultimate responsiveness and optimized dynamic satellite scheduling via a cloud-based API.
  • "The TACFI award allows Cognitive Space to continue supporting AFRL's vitally important HAD program to help deliver commercial space data to the warfighter," said Guy de Carufel, the company's Founder and CEO.
  • The TACFI contract is the latest of several efforts Cognitive Space has been awarded to enhance the CNTIENT platform in support of AFRL's HAD program and GLUE platform.
  • Headquartered in Houston, Cognitive Space is the market leader in AI/ML-driven satellite mission operations.

LUCINITY RAISES $17 MILLION IN A SERIES B FUNDING ROUND TO PROVIDE BANKS WITH PRODUCTIVITY TOOLS TO FIGHT FINANCIAL CRIME

Retrieved on: 
Thursday, July 7, 2022

REYKJAVIK, Iceland, July 7, 2022 /PRNewswire/ -- Lucinity today announced the closing of a $17 million Series B investment round, led by Keen Venture Partners and joined by Experian and its major existing investors, Crowberry Capital, Karma Ventures, and byFounders.

Key Points: 
  • By delivering user-centric compliance systems augmented by artificial intelligence (AI), Lucinity has helped various banks and FinTechs increase their compliance productivity by over 50%.
  • This results in thousands of hours now spent on actually fighting financial crime instead of making sense of complex and noisy data.
  • "We quickly jumped on a plane to Iceland when we heard about Lucinity's Series B funding round" comments Robert Verwaayen, General Partner at Keen Venture Partners.
  • This funding round illustrates a strong belief in Lucinity's success and potential to finally provide banks and FinTechs with productive compliance tools to fight financial crime.