Press Releases

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, and medium- and heavy-duty commercial vehicles, has been awarded a $6.55 million contract by the U.S. Army’s Ground Vehicle Systems Center to design, develop and test an electric hybrid sub-system in Allison’s Next Generation Electrified Transmission for armored combat vehicles. The Next Generation Elect

Genius Group Limited , a world-leading entrepreneur Edtech and education group has today announced plans to introduce the NASA Technology Transfer Program at its subsidiary - University of Antelope Valley in Lancaster, California, USA. University of Antelope Valley (UAV), recently acquired by Genius Group, is partnering with NASA to create a unique learning opportunity for engineering and business students. NASA’s Technology Transfer University (T2U) program connects universit

Astronics Corporation, a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced today that it has been selected by the U.S. Army as the down select winner for the development of its Radio Test Set referred to as TS-4549/T. This program will replace aging GRM-122 radio test equipment for tactical radios in the U.S. Army. It will be an ID/IQ program (Indefinite Delivery/Indefinite Quantity) with anticipated deliverables over mul

NUBURU®, an industry leader in high-power and high-brightness blue lasers for 3D printing and industrial applications, has been awarded an AFWERX Small Business Innovation Research (SBIR) Phase II contract to develop a blue laser-based 3D printing solution with area printing technology. The goal of the one-year project is to demonstrate improved speed and accuracy of a metal 3D printer based on NUBURU’s blue laser technology. This new class of 3D printers will aim to offer

Seabury Securities LLC (Seabury”) announced today that the company’s Aviation team advised The Malaysia Aviation Group (“MAG”), the parent company of Malaysia Airlines, in the acquisition of 20 Airbus A330-900neo aircraft. Seabury served as MAG’s exclusive financial and fleet advisor for the fleet acquisition and financing. The transaction covers 10 A330neos purchased directly from Airbus with a back-to-back sale and leaseback arrangement with Avolon. T

Terran Orbital Corporation , a global leader in satellite solutions, primarily serving the United States and Allied aerospace and defense industries, integrated the Lunar Infrared imaging spacecraft, also known as LunIR into NASA’s Space Launch System (SLS). With its unprecedented power and capabilities, SLS is the only rocket that will be able to send the Orion capsule, astronauts, and cargo directly to the Moon on a single mission. LunIR will fly by the Moon and collect surface thermo

BAE Systems’ Beowulf has won the U.S. Army’s competition for its Cold Weather All-Terrain Vehicle (CATV) program, and the company has received a $278 million contract for production units, spare parts, and contractor logistics support. The win further confirms BAE Systems as the industry leader in the design and production of military all-terrain vehicles for operations in harsh terrains and in the toughest weather conditions. Beowulf is an unarmored, tracked, and highly

SpaceLink,  a company that provides secure data from any orbit, any time, announced it was selected by the Defense Advanced Research Projects Agency (DARPA) Strategic Technology Office (STO) for a contract award. SpaceLink will participate in the Space-Based Adaptive Communications Node (Space-BACN) program designed to connect the proliferated space domain. SpaceLink is building a constellation of relay satellites in MEO that use optical intersatellite links to speed communicat

QuSecure™, Inc., a leader in post-quantum cybersecurity (PQC), today announced that the public-private initiative it sponsored, QuForce, is emerging as the world’s leading community for quantum computing experts, academics and enthusiasts. QuForce held its first-ever QuForce Demo Day last week to showcase the research of the first class of QuForce Fellows, which included six demos and nine participating Fellows that competed over a six-month period. “Congratulation

AeroVironment, Inc.  a global leader in intelligent, multi-domain robotic systems, today announced it received an Other Transaction Agreement award by the United States Army on Aug. 18, 2022 for Increment 1 of the Future Tactical Unmanned Aircraft System (FTUAS) program. The contract encompasses the purchase, testing and delivery of one JUMP® 20 medium unmanned aircraft system (MUAS) to a selected Army Brigade Combat Team (BCT) and associated services, training and support.

nLIGHT, Inc. a leading provider of high-power semiconductor and fiber lasers used in the industrial, microfabrication, and aerospace and defense markets, announced that US Senators Maria Cantwell (D-WA) and Patty Murray (D-WA) visited nLIGHT’s Camas, Washington, headquarters yesterday. “nLIGHT is honored to have hosted Senators Cantwell and Murray to celebrate the passage of the historic CHIPS and Science Act. This legislation is a critical component to the future health

Energy Focus, Inc. , a leader in sustainable, energy efficient LED lighting control systems and products for the commercial, military maritime and consumer markets introduces the updated EnFocus™ Power Line Controlled commercial LED lighting system that is simpler to install, commission and operate and less costly than other dimming and color tuning systems. EnFocus™ offers dimming, and color tuning control over retrofit lamps, including tubular LEDs, A19 and BR30 LED lamps with a

AttackIQ®, the leading independent vendor of Breach and Attack Simulation (BAS) systems, today announced it has been granted a three-year Assess Only Authority to Operate (ATO) by the U.S. Army. Senior officials granted this approval to launch the company’s Security Optimization Platform within the military branch based on an in-depth, risk-based security assessment. AttackIQ is the first Breach and Attack Simulation platform to receive this ATO designation. It will allow

IronNet, Inc. an innovative leader Transforming Cybersecurity Through Collective DefenseSM and member of the Joint Cyber Defense Collaborative (JCDC), today announced it has entered into an agreement with the Cybersecurity and Infrastructure Security Agency (CISA) to share information from IronNet’s Collective DefenseSM platform to help the agency defend against increased global cyber threats. “IronNet is proud to collaborate with CISA to strengthen our nation&rsquo

Advent Technologies Holdings, Inc. an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce the successful delivery of Advent’s portable fuel cell products to the Hellenic Army’s Z Amphibious Raider Squadron (“Z’MAK”). Advent’s fuel cell technology powers a highly sophisticated, incredibly portable battery charger designed to meet the rugged off-grid power needs in performance-demanding settings, such as t