SOUTHAMPTON

Kuehn Law Encourages LSAK, PRFT, SLCA and ALE Investors to Contact Law Firm

Retrieved on: 
Thursday, May 9, 2024
Advertising, Lesaka Technologies, PLLC, Adumo, Human, Security (finance)

NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers.

Key Points: 
  • NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers.
  • Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies.
  • Concerned shareholders are encouraged to contact Justin Kuehn, Esq., at [email protected] or call (833) 672-0814.
  • Kuehn Law covers all case costs and does not charge its investor clients.

Skyborne Technologies Unveils the Cerberus Modular Integration

Retrieved on: 
Thursday, May 9, 2024
Cerberus, AITR, System, IP, CBRNE, United States Army, CMI, MILSPEC, BDA, EW, UAS, Electronics, Robotics, Fort Moore, Rain, Artificial intelligence, CBO, Telescopic sight

BRISBANE, Australia, May 10, 2024 (GLOBE NEWSWIRE) -- Skyborne Technologies is proud to unveil Cerberus Modular Integration (MI), a multi-mission, man-packable, Group 2 sUAS equipped with modular kinetic and non-kinetic payloads.

Key Points: 
  • The old Cerberus GLH lacked the endurance, survivability and accuracy required for a real operation.
  • Adrian Dudok, CBO and co-founder, Skyborne Technologies, says, “Our customers asked for a multi-mission modular payload lethal small UAS capable of delivering organic low cost strike capability with the ability to perform non-kinetic sensors and effectors operations.
  • We’re proud to release the Cerberus MI to deliver a unique capability to our customers and the warfighter.
  • The new Cerberus MI will be landing in the hands of customers from Q4 this year.”
    Skyborne Technologies Pty Ltd, is an Australian defence technology company developing smart aerial robotics, with its flagship tri-tilt rotor lethal sUAS, Cerberus UAS.

Red Cat Launches Robotics and Autonomous Systems Consortium to Bridge Critical UAS Technology Gaps for Warfighters

Retrieved on: 
Tuesday, May 7, 2024
FPV, Ecosystem, AI, Teal, Software, RAS, 3D, SRR, Government, RCAT, Acquisition, UAS, RFI, Robotics, Ocean Power Technologies, Marketing, Replicator, Atmosphere, SAN, Pharmaceutical industry

RFI is an independent, industry-wide consortium of robotics and autonomous systems (RAS) partners dedicated to putting the most advanced and interoperable uncrewed aircraft systems into the hands of warfighters.

Key Points: 
  • RFI is an independent, industry-wide consortium of robotics and autonomous systems (RAS) partners dedicated to putting the most advanced and interoperable uncrewed aircraft systems into the hands of warfighters.
  • Founding members include Ocean Power Technologies (NYSE: OPTT), Sentien Robotics , Primordial Labs , Athena AI , Unusual Machines , Reach Power , and MMS Products .
  • The shared goal is advocacy, integrations and co-marketing that bridges considerable technology gaps through modular open architecture.
  • “The need for the UAS sector to move quickly to meet the requirements of Replicator is more urgent than ever,” said Jeff Thompson, Red Cat CEO.

Global Military Drone Market Expected to Reach $18 Billion By 2028 as U.S. Government Plays Crucial Role in Military Drone Industry

Retrieved on: 
Tuesday, May 7, 2024
ARK, Online, UAV, Group 1, Grumman, News, Partnership, AeroVironment, Convention (norm), RCAT, UAS, Defense, LMT, Aircraft, Lockheed Martin, Machine learning, Software, ATAK, NDAA, Special, Telephone, Radio, MANET, Ad hoc, Demonstration, SRR, Sony, Raytheon Technologies, Century, Government, Atmosphere, USD, FPV, PALM, Environment, General Atomics, Northrop Grumman, Technology company, Drone, Growth, Compound annual growth rate

According to a report from MarketsAndMarkets, the military drone market is poised to reach USD 18.2 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 7.0% during the period from 2023 to 2028.

Key Points: 
  • According to a report from MarketsAndMarkets, the military drone market is poised to reach USD 18.2 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 7.0% during the period from 2023 to 2028.
  • The report said: “The global race among nations to invest in drone technology has sparked a competitive environment.
  • This demand for more sophisticated drone capabilities is a key factor stimulating the expansion of the military drone market.
  • The MarketsAndMarkets report continued: “Based on operation mode, The military drone market is divided into remotely piloted, optionally piloted, and fully autonomous categories.

ETC’s Commercial/Industrial Units Awarded Three Contracts Totaling $15.9 Million

Retrieved on: 
Monday, May 6, 2024
Ethylene oxide, ETC, Software system, Static pressure, Steam, OTC Markets Group, Medical device

SOUTHAMPTON, Pa., May 06, 2024 (GLOBE NEWSWIRE) -- Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Sterilization Systems Group announced it has been awarded $13.9 million in contracts from two multi-national medical device manufacturers.

Key Points: 
  • SOUTHAMPTON, Pa., May 06, 2024 (GLOBE NEWSWIRE) -- Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Sterilization Systems Group announced it has been awarded $13.9 million in contracts from two multi-national medical device manufacturers.
  • The contracts include four, sixteen pallet ethylene oxide (“EO”) sterilization system chambers with related conveyer systems, and a large capacity vacuum drying chamber with preconditioning.
  • “These contracts reflect ETC Sterilization Systems Group’s dedication to innovation in our mechanical designs, control systems and software expertise to meet the challenging requirements of this market,” states Eric Hunnicutt, ETC Director of EO Sterilizer Sales.
  • In addition, ETC’s Environmental Testing and Simulation Systems (“ETSS”) unit was awarded a $2.0 million contract as the environmental simulation equipment supplier for a new, state-of-the-art auto racing test cell project.

Reach Establishes Government Advisory Board to Drive Growth in Federal Business

Retrieved on: 
Wednesday, May 8, 2024
Mobile, Wireless, Technology, Homeland Security, Utilities, Telecommunications, Public Policy, Government, Alternative Energy, Networks, Energy, Hardware, Public sector, RET, Army, Tampa Convention Center, Power, Intelligence, Special Operations Warrior Foundation, WPT, Robotics, Multimedia, Command, Strategic studies, Embry–Riddle Aeronautical University, Management

Reach Power (Reach), the leader in wireless Power-at-a-Distance, today announced the creation of its Government Advisory Board.

Key Points: 
  • Reach Power (Reach), the leader in wireless Power-at-a-Distance, today announced the creation of its Government Advisory Board.
  • This newly established board, focused on guiding Reach’s growth in the public sector, will be anchored by Major General (Ret.)
  • The board will be composed of a senior group of former military and government executives who will provide strategic guidance and direction on how Reach can best meet the federal government’s growing operational energy needs.
  • "I am excited to be Reach’s first advisory board member and I look forward to both helping Reach build a strong board and bring wireless power technology directly to the warfighter."

Teledyne FLIR Defense Unveils Rogue 1 Loitering Munition System at SOF Week

Retrieved on: 
Tuesday, May 7, 2024
Government Technology, Defense, Military, Drones, Technology, Collateral damage, Pedigree, Black Hornet Nano, EFP, Teledyne FLIR, Organic, TDY, Sky, Indefinite, Explosively formed penetrator, Rogue, Booth, Rogue One, UAS, FLIR, Multimedia, Skyranger 30, Telescopic sight

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), is introducing its new Rogue 1™ loitering munition system at this week’s Special Operations Forces (SOF) Week convention in Tampa.

Key Points: 
  • Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), is introducing its new Rogue 1™ loitering munition system at this week’s Special Operations Forces (SOF) Week convention in Tampa.
  • View the full release here: https://www.businesswire.com/news/home/20240507088477/en/
    Teledyne FLIR Defense introduced its new Rogue 1™ loitering munition system at this week’s SOF Week convention in Tampa.
  • “The new Rogue 1 gives warfighters the versatility, survivability and lethality demanded by the modern battlespace,” said Dr. JihFen Lei, executive vice president and general manager of Teledyne FLIR Defense.
  • Visit Teledyne FLIR Defense at SOF Week at Booth 1020 to see the new Rogue 1, or learn more online .

Kuehn Law Encourages IP, SWAV, NX, and UNIT Investors to Contact Law Firm

Retrieved on: 
Friday, May 3, 2024
International Paper, DS Smith, Johnson & Johnson, PLLC, Human, Advertising, NX, Security (finance)

NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers.

Key Points: 
  • NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers.
  • Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies.
  • Concerned shareholders are encouraged to contact Justin Kuehn, Esq., at [email protected] or call (833) 672-0814.
  • Kuehn Law covers all case costs and does not charge its investor clients.

Red Cat Successfully Passes Field Testing with Doodle Labs Against Electronic Warfare Technology in Ukraine

Retrieved on: 
Thursday, April 25, 2024
Defense Innovation Unit, Radio, Teledyne Technologies, Blue, Helix, Software, Partnership, Teledyne FLIR, SRR, Government, RCAT, Ocean Power Technologies, SAN

SAN JUAN, Puerto Rico, April 25, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announced it has successfully passed electronic warfare (EW) testing in Ukraine with Doodle Labs.

Key Points: 
  • SAN JUAN, Puerto Rico, April 25, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announced it has successfully passed electronic warfare (EW) testing in Ukraine with Doodle Labs.
  • The successful test is part of a continuous innovation cycle that began in May 2023 with a partnership between Doodle Labs and Red Cat for its U.S. Army Short Range Reconnaissance (SRR) program prototype.
  • The ongoing partnership between Red Cat and Doodle Labs is addressing the growing need by the U.S. and its allies for small, autonomous, and attritable drones equipped with anti-jamming radios capable of operating in electronic warfare.
  • Teal systems with Doodle Labs frequency-hopping radios can evade jamming attempts and are usable in multi-domain environments for surveillance and swarming operations.