Footprint has been reduced to approximately 53% of that of conventional products, will enable more compact inverter substrates TOKYO–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed a new compact version of its DIPIPM power semiconductor modules specifically for use in consumer and industrial equipment such as packaged air conditioners and heat […]
ALBUQUERQUE, N.M. & MONTREAL & STØVRING, Denmark & WASHINGTON–(BUSINESS WIRE)–#AIROGroup–AIRO Group Holdings, Inc. (NASDAQ: AIRO) (“AIRO”), a company specializing in advanced aerospace and defense technologies, today announced the pricing of its upsized underwritten public offering of 4,200,000 shares of its common stock at a public offering price of $18.50 per share. The gross proceeds to […]
ARLINGTON, Wash.–(BUSINESS WIRE)–FDG Web, a web design and development agency, is celebrating its 25th anniversary this month, a rare milestone in an industry where most agencies dissolve in fewer than five years. The company credits its longevity to a disciplined, client-first approach, a commitment to a 100% U.S.-based team, and a forward-thinking embrace of new […]
COLUMBIA, Md.–(BUSINESS WIRE)–Today, BigBear.ai (NYSE: BBAI), a leading provider of AI-powered decision intelligence solutions, announced the completion of its acquisition of Pangiam Intermediate Holdings, LLC (Pangiam), a leader in Vision AI for the global trade, travel, and digital identity industries. This strategic move accelerates and evolves BigBear.ai’s mission to create clarity for the world’s most […]
LOS ANGELES–(BUSINESS WIRE)–Resecurity, Inc. has been honored with the prestigious Emerging Threat Intelligence Innovator Award at the CyberX Qatar Summit 2024 held in Doha on February 21, 2024. The recognition underscores Resecurity’s commitment to advancing the cybersecurity technologies through innovative solutions that address effective protection in scope of National Cyber Security Strategy (NCSS), National Development […]
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–$KSCP #SecurityRobot–On December 20, 2023, Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”) filed a federal lawsuit in the United States District Court for the Southern District of New York, Knightscope, Inc. v. Capybara Research et. al., Case No. 1:23-cv-11050-DLC (the “Action”) against Capybara Research, Igor Appelboom (“Appelboom,” and together with Capybara […]
Renowned Military Intelligence Veteran Joins Cybersecurity Advisory Board LOS ANGELES–(BUSINESS WIRE)–Resecurity, Inc. (USA), a global leader in cybersecurity and risk management solutions protecting Fortune 100 corporations and government agencies worldwide, proudly announces the appointment of Mr. Teisuke Hayano, Rear Admiral JMSDF (Ret.), to its Advisory Board. With a distinguished career spanning decades in the Maritime […]
AI Security leader combines forces with leading tech consulting firm to offer regional customers customized AI security roadmap WASHINGTON & ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–CalypsoAI, the leader in AI Security and Enablement, announced today it has partnered with Deloitte Middle East to bring the power of its enterprise-grade AI security and enablement platform, Moderator, […]
NEW BRIGHTON, Minn.–(BUSINESS WIRE)–APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced the upsize and pricing of the previously announced underwritten registered public offering of 10,569,106 shares of common stock of the Company commenced by certain funds affiliated with Blackstone Inc. (the “Blackstone Selling Stockholders”) and Viking Global Investors LP (the “Viking Selling Stockholders”), […]
CHICAGO & NEW DELHI, India–(BUSINESS WIRE)–Secure India, a leader in Cyber Intelligence, eDiscovery, and Digital Forensics solutions and services, today announced a landmark partnership with Reveal, the global provider of the premier AI-powered eDiscovery, review, and investigations platform. This collaboration signifies Secure India’s dedication to pioneering advanced data solutions, employing AI-centric methods for eDiscovery, Legal […]
Record fourth quarter service revenue of $55.9 million, growing 45.9% year over year Record GAAP net earnings per diluted share (EPS) of $0.01 and record non-GAAP EPS of $0.11 in the fourth quarter Annual recurring revenue (ARR) ended at $210.1 million, growing 52.5% year over year (1) Full year service revenue of $201.2 million, growing […]
Q3 Revenue of $328 million, up 19% year-over-year (18% in constant currency) Q3 Elastic Cloud Revenue of $143 million, up 29% year-over-year (29% in constant currency) SAN FRANCISCO–(BUSINESS WIRE)–Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its third quarter of fiscal 2024 ended January 31, 2024. Third Quarter Fiscal 2024 Financial […]
Q4 Revenue of $21.8 million, up 4% year-over-year Q4 Ending ARR1 of $75.0 million, up 120% year-over-year Q4 Ending RPO2 of $240.5 million, up 66% year-over-year Q4 Ending Evolv Express® subscriptions of 4,505, up 99% year-over-year WALTHAM, Mass.–(BUSINESS WIRE)–Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based weapons detection to create safer experiences, […]