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Activities between Nov. 15, 2024, 8 p.m. and Nov. 22, 2024, 8 p.m.
from: Defense Technology.
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Document Date: Nov. 21, 2024, 6:30 p.m. / Source: GlobeNewswire
Activity Class: PartnershipActivity
Partnership:
Document Extract: Trellis Data provides a range of solutions including advanced speech-to-text capabilities, computer vision and knowledge mastery, which can be used to analyse and interpret large volumes of data from various sources. The Trellis Data platform and applications are highly customisable, allowing them to be tailored to meet the specific needs of defence as well as other national security organisations. " We are excited to partner with Vantiq, a global leader in intelligent GenAI and sensor-to-data orchestration, whose groundbreaking real-time capabilities are transforming cities worldwide ," said Dr. Cliff Seery, Chief Client Officer of Trellis Data. " By bringing these two best-in-class technologies together, we are creating a powerful foundation to empower smart cities, communities, defense and national sovereignty with faster and more resilient solutions ." Vantiq brings extensive expertise in GenAI and real-time intelligent data solutions, designed to address critical challenges in high-stakes industries where precision and speed are essential.
Document Source: https://www.globenewswire.com/news-release/2024/11/21/2985542/0/en/GenAI-Powerhouses-Join-Forces-Trellis-Data-and-Vantiq-Unite-to-Enhance-AUKUS-Capabilities.html
(archive.org page /
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Document Date: Nov. 21, 2024, 12:50 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership:
- Lockheed Martin
/ Industry: Aerospace And Technology, Defense And Aerospace and 1 more
- Romania
/ Industry: Defense Technology
- Romania
/ Industry: Defense Technology
- Lockheed Martin
/ Industry: Aerospace And Technology, Defense And Aerospace and 4 more
Document Extract: " For nearly 30 years, Romania and Lockheed Martin have been defense and security partners ," said Bridget Lauderdale, vice president and general manager, F-35 Lightning II Program, Lockheed Martin. " The acquisition of the F-35 further fortifies Romania's national security and deterrent capability ." " The F-35's growing presence across Europe demonstrates alliance - based deterrence and is setting the foundation for NATO and allied nations' next generation air power capability ," said Mara Motherway, vice president, Strategy and Business Development, Lockheed Martin. The F-35 offers the most cost-effective solution for Romania, combining unprecedented operational capability with an affordable and efficient global sustainment network. This partnership promises technological advancements, reinforcing Romania's position in the global defense landscape.
Document Source: https://www.prnewswire.com/news-releases/romania-becomes-the-20th-member-of-the-f-35-global-alliance-302312256.html
(archive.org page /
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Document Date: Nov. 20, 2024, 2 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership:
- Palladyne AI
/ Industry: Supply Chain And Artificial Intelligence Ai -Based Solutions
- Red Cat Holdings
/ Industry: Defense Technology, Drone Technology
- Palladyne AI
/ Industry: Supply Chain And Artificial Intelligence Ai -Based Solutions
- Red Cat Holdings
/ Industry: Defense Technology, Drone Technology
Document Extract: The broadened relationship includes joint go-to-market activities to be coordinated between the companies. In early October, Palladyne AI and Red Cat announced that they had partnered to embed Palladyne AI's artificial intelligence software into Teal drones, including those already in the field, to enable autonomous operation and expand drone system capabilities to facilitate the creation of a network of collaborating drones and sensors that self-orchestrate to provide superior intelligence, surveillance, and reconnaissance capabilities. Palladyne AI and Teal's expanded partnership will include joint sales and marketing for Palladyne AI's artificial intelligence software on Teal drones. Palladyne Pilot is expected to be available on all Teal drones and will be included in new drones shipped to customers who desire the features and functionality provided by the platform. Red Cat recently announced it was selected as the winner of the U.S. Army's Short Range Reconnaissance (SRR) Program of Record after a rigorous test and evaluation process for its Teal next generation sUAS, designated as the Black Widow and WEB.
Document Source: https://www.businesswire.com/news/home/20241120666119/en/Palladyne-AI-and-Red-Cat-Expand-Partnership-for-Teal-Drones
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Document Date: Nov. 20, 2024, 2 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Provided_By:
- Cat
/ Industry: Defense Technology
Awarded:
Document Extract: Red Cat recently announced it was selected as the winner of the U.S. Army's Short Range Reconnaissance (SRR) Program of Record after a rigorous test and evaluation process for its Teal next generation sUAS, designated as the Black Widow and WEB. The testing and evaluation were completed by the Army Project Management Office for Uncrewed Aircraft Systems, Army Maneuver Battle Lab, and Army Test and Evaluation Command, and the award was based on soldier feedback, technical performance, volume manufacturability, and system cost. The production contract anticipates deliveries beginning in 2025. Palladyne Pilot is expected to be available for all sUAS systems delivered to the Army. " We are extremely proud to be working with Teal on integrating our Palladyne Pilot artificial intelligence software into Teal's drones and look forward to this expanded relationship to help deliver a best-in-class experience for their defense, public safety, and commercial customers ," said Ben Wolff, CEO, Palladyne AI.
Document Source: https://www.businesswire.com/news/home/20241120666119/en/Palladyne-AI-and-Red-Cat-Expand-Partnership-for-Teal-Drones
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Document Date: Nov. 20, 2024, 2 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership:
- Palladyne AI
/ Industry: Supply Chain And Artificial Intelligence Ai -Based Solutions
- Palladyne AI
/ Industry: Supply Chain And Artificial Intelligence Ai -Based Solutions
- Teal
Document Extract: The broadened relationship includes joint go-to-market activities to be coordinated between the companies. In early October, Palladyne AI and Red Cat announced that they had partnered to embed Palladyne AI's artificial intelligence software into Teal drones, including those already in the field, to enable autonomous operation and expand drone system capabilities to facilitate the creation of a network of collaborating drones and sensors that self-orchestrate to provide superior intelligence, surveillance, and reconnaissance capabilities. Palladyne AI and Teal's expanded partnership will include joint sales and marketing for Palladyne AI's artificial intelligence software on Teal drones. Palladyne Pilot is expected to be available on all Teal drones and will be included in new drones shipped to customers who desire the features and functionality provided by the platform. Red Cat recently announced it was selected as the winner of the U.S. Army's Short Range Reconnaissance (SRR) Program of Record after a rigorous test and evaluation process for its Teal next generation sUAS, designated as the Black Widow and WEB.
Document Source: https://www.businesswire.com/news/home/20241120666119/en/Palladyne-AI-and-Red-Cat-Expand-Partnership-for-Teal-Drones
(archive.org page /
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Document Date: Nov. 20, 2024, 8 a.m. / Source: Business Wire
Activity Class: PartnershipActivity
/ Region: North Salt Lake
Partnership:
Document Extract: Under this newly signed agreement, Frontgrade will leverage its own 60-year space flight heritage with DSI's proven expertise in flash memory controller IP and full mass memory unit hardware. The SpaceStor MMU is being designed to meet the demanding requirements of today's Space environment and missions where reliable data storage is paramount. This rad-tolerant MMU offers a flexible, low power, and cost-effective data storage solution for the harshest environments. David Meyouhas, Vice President of Product Management at Frontgrade, and Elias Hashem, Chief Executive Officer at DSI Aerospace, were joined at the signing ceremony by Bremen's Governor, Dr. Andreas Bovenschulte; Bremen's Senator for Economic Affairs, Ports and Transformation, Kristina Vogt; and Dr. Walther Pelzer, Director General of the German Space Agency at DLR. " By bringing together Frontgrade's extensive subsystem and flash heritage with DSI's proven mass memory solutions, we will bring to our customers the next generation in high-performance Mass Memory Units needed to ultimately span the entire range of missions from LEO to GEO and beyond ," Meyouhas said.
Document Source: https://www.businesswire.com/news/home/20241120029383/en/DSI-and-Frontgrade-Sign-Agreement-to-Develop-and-Distribute-Next-Evolution-of-2TB-Mass-Memory-Unit-for-Space
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Document Date: Nov. 20, 2024, 8 a.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership:
- Elias Hashem
/ Industry: Aerospace And Technology
- DSI
/ Industry: Aerospace And Technology
Document Extract: DSI and Frontgrade Sign Agreement to Develop and Distribute Next Evolution of 2TB Mass Memory Unit for Space. From left at podium: David Meyouhas, Frontgrade Vice President of Product Management, and Elias Hashem, Chief Executive Officer at DSI Aerospace, signed an agreement at Space Tech Expo to develop Frontgrade's SpaceStorTM 2TB Mass Memory Unit. Frontgrade expects to introduce the new low SWAP-C MMU to the North American market in late 2025. (Photo: Business Wire) From left at podium: David Meyouhas, Frontgrade Vice President of Product Management, and Elias Hashem, Chief Executive Officer at DSI Aerospace, signed an agreement at Space Tech Expo to develop Frontgrade's SpaceStorTM 2TB Mass Memory Unit.
Document Source: https://www.businesswire.com/news/home/20241120029383/en/DSI-and-Frontgrade-Sign-Agreement-to-Develop-and-Distribute-Next-Evolution-of-2TB-Mass-Memory-Unit-for-Space
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Document Date: Nov. 20, 2024, 8 a.m. / Source: Business Wire
Activity Class: PartnershipActivity
/ Region: North Salt Lake, Bremen
Partnership:
Document Extract: The SpaceStor MMU is being designed to meet the demanding requirements of today's Space environment and missions where reliable data storage is paramount. This rad-tolerant MMU offers a flexible, low power, and cost-effective data storage solution for the harshest environments. David Meyouhas, Vice President of Product Management at Frontgrade, and Elias Hashem, Chief Executive Officer at DSI Aerospace, were joined at the signing ceremony by Bremen's Governor, Dr. Andreas Bovenschulte; Bremen's Senator for Economic Affairs, Ports and Transformation, Kristina Vogt; and Dr. Walther Pelzer, Director General of the German Space Agency at DLR. " By bringing together Frontgrade's extensive subsystem and flash heritage with DSI's proven mass memory solutions, we will bring to our customers the next generation in high-performance Mass Memory Units needed to ultimately span the entire range of missions from LEO to GEO and beyond ," Meyouhas said. " We look forward to disrupting the MMU market by introducing a low SWAP-C, 2-terabyte product to North America ."
Document Source: https://www.businesswire.com/news/home/20241120029383/en/DSI-and-Frontgrade-Sign-Agreement-to-Develop-and-Distribute-Next-Evolution-of-2TB-Mass-Memory-Unit-for-Space
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Document Date: Nov. 21, 2024, 2:03 p.m. / Source: GlobeNewswire
Activity Class: CorporateFinanceActivity
/ Type: Merger
/ Region: United States
Protagonist:
Participant:
Document Extract: Altair Engineering Inc. is set to merge with Siemens for $ 113.00 per share in cash.
Document Source: https://www.globenewswire.com/news-release/2024/11/21/2985298/0/en/Kuehn-Law-Encourages-AVAV-AE-CDMO-and-ALTR-Investors-to-Contact-Law-Firm.html
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Document Date: Nov. 19, 2024, 11:32 a.m. / Source: Business Wire
Activity Class: CorporateFinanceActivity
/ Type: Acquisition
/ Region: United States
Buyer:
- AeroVironment
/ Industry: Aerospace And Technology, Defense And Aerospace and 1 more
Target:
- BlueHalo
/ Industry: Cybersecurity And Cyber Intelligence Solutions, Defense Technology
Document Extract: AeroVironment, Inc. (NASDAQ: AVAV) ("AV" or the "Company") and BlueHalo LLC ("BlueHalo") today announced the execution of a definitive agreement under which AV will acquire BlueHalo in an all-stock transaction with an enterprise value of approximately $ 4.1 billion, creating a more diversified global leader in all-domain defense technologies.
Document Source: https://www.businesswire.com/news/home/20241119519687/en/AeroVironment-to-Acquire-BlueHalo-Establishing-Next-Generation-Defense-Technology-Company
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Document Date: Nov. 21, 2024, 9:30 p.m. / Source: GlobeNewswire
Activity Class: RoleActivity
/ Type: Starting
/ Region: United States, Wichita
Role:
Person:
Organization:
Document Extract: WICHITA, Kan., Nov. 21, 2024 (GLOBE NEWSWIRE) - AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of best-in-class unmanned aerial systems (UAS) , sensors and software solutions for customers worldwide in the commercial and government verticals, announces the appointment of L.B.
Document Source: https://www.globenewswire.com/news-release/2024/11/21/2985650/0/en/AgEagle-Aerial-Systems-Announces-Appointment-of-L-B-Day-to-Board-of-Directors.html
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Document Date: Nov. 21, 2024, 3:30 p.m. / Source: GlobeNewswire
Activity Class: RoleActivity
/ Type: Starting
/ Region: Wichita, United States
Role:
Person:
Organization:
Document Extract: WICHITA, Kan., Nov. 21, 2024 (GLOBE NEWSWIRE) - AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of best-in-class unmanned aerial systems (UAS) , sensors and software solutions for customers worldwide in the commercial and government verticals, announces the appointment of Adrienne Anderson as Interim Chief Financial Officer effective November 14, 2024.
Document Source: https://www.globenewswire.com/news-release/2024/11/21/2985393/0/en/AgEagle-Aerial-Systems-Appoints-Adrienne-Anderson-as-Interim-Chief-Financial-Officer.html
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Document Date: Nov. 20, 2024, 3:30 p.m. / Source: GlobeNewswire
Activity Class: RoleActivity
/ Type: Starting
/ Region: Wichita
Role:
Person:
Organization:
Document Extract: WICHITA, Kan., Nov. 20, 2024 (GLOBE NEWSWIRE) - AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of best-in-class unmanned aerial systems (UAS) , sensors and software solutions for customers worldwide in the commercial and government verticals, announces the appointment of Brent Klavon to the Company's board of directors effective November 8, 2024.
Document Source: https://www.globenewswire.com/news-release/2024/11/20/2984598/0/en/AgEagle-Aerial-Systems-Announces-Appointment-of-Brent-Klavon-to-Board-of-Directors.html
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