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Fonon Technologies Scores Third Major Order for Advanced Laser Cleaning Systems From Incredible Supply & Logistics
ORLANDO, Fla.--(BUSINESS WIRE)--Fonon Technologies, a provider of state-of-the-art laser technologies for material processing and defense infrastructures, announced it has received a substantial third order for its DefenseTech Laser Cleaning Systems. This order was facilitated through a valued distribution partner, Incredible Supply & Logistics (ISL), an award-winning product distribution and third-party logistics (3PL) company. Bryan Lee, Vice President of Fonon Technologies, emphasized th...
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VSE Corporation Completes Refinancing of Term Loan and Revolver
MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, today announced the successful refinancing of its Term Loan A and Revolving Credit Facility. The Company entered into a new $300 million Term Loan A and a $400 million revolving credit facility, both maturing on May 2, 2030. These facilities refinance and replace the Company’s previous debt arrangements, which were scheduled to mat...
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ATDM & AM CoE Summit Bolsters Defense Manufacturing Workforce and Partnerships
DANVILLE, Va.--(BUSINESS WIRE)--ATDM & Navy AM CoE Summit unites 450+ leaders to boost defense manufacturing workforce and speed production for Navy shipbuilding....
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M-tron Industries, Inc. to Report First Quarter 2025 Financial Results on May 13, 2025 and Host Conference Call on May 14, 2025
ORLANDO, Fla.--(BUSINESS WIRE)--M-tron Industries, Inc. (NYSE American: MPTI) ("Mtron" or the "Company") will report financial results for the first quarter ended March 31, 2025, after the market closes on Tuesday, May 13, 2025. Mtron’s press release will be available on the Investor Relations website at ir.mtron.com. Mtron will also host a conference call on Wednesday May 14, 2025, at 10:30 a.m. ET to review these results. To access the conference call, please use the dial-in information below...
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BigBear.ai Announces First Quarter 2025 Results; Affirms 2025 Outlook
MCLEAN, Va.--(BUSINESS WIRE)--BigBear.ai Holdings, Inc. (NYSE: BBAI) (“BigBear.ai” or the “Company”), a leader in AI-powered decision intelligence solutions, today announced financial results for the first quarter of 2025 and issued an investor presentation that has been posted to the Investor Relations section of the Company’s website. "As we enter the second quarter, we are seeing early and encouraging signs that our strategic focus is resonating, particularly in sectors where we’ve built dee...
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Innovative Solutions & Support Announces Second Quarter 2025 Results Conference Call and Webcast Date
EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (Nasdaq: ISSC) ("IS&S" or the "Company"), today announced that it will release second quarter 2025 results after the market closes on Wednesday, May 14, 2025. A conference call will be held on Thursday, May 15 at 9:00 a.m. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available...
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Lisa Westerlind Joins Battelle to Lead its Massachusetts Environmental Laboratory, Bringing Operational Excellence and Expertise
NORWELL, Mass.--(BUSINESS WIRE)--Battelle has recently added Lisa Westerlind to its team, where she will lead laboratory operations at the Norwell facility, renowned for its cutting-edge PFAS chemistry research, capabilities in the commercial marketplace and the ability to handle unique analytical challenges. Westerlind brings more than 23 years of experience in environmental laboratory operations, enhancing Battelle's capabilities in addressing the complex challenges posed by PFAS compounds. W...
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Rare Earth Metals Refining Company Phoenix Tailings Closes on Additional $33M in Funding From Strategic Investors, Bringing the Round up to $76M to Support Rare Earth Metal Independence
WOBURN, Mass.--(BUSINESS WIRE)--Phoenix Tailings' second close of the Series B round, totalling $76 million, to scale U.S. rare earth metal production....
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Merlin Continues Certification-Ready Flight Test Operations at Quonset State Airport
BOSTON--(BUSINESS WIRE)--Merlin, the leading developer of assured, autonomous flight technology for fixed-wing aircraft, announced east coast flight operations at Quonset State Airport in North Kingston, Rhode Island. The flight test center houses Merlin’s certification-ready Cessna Caravan, the designated test aircraft for its supplemental type certificate (STC) program, and serves as the testbed for advancing the Merlin Pilot system, demonstrating the company’s ability to safely meet autonomy...
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EdgeRunner Raises $17.5M to Develop Air-Gapped, On-Device AI for the Warfighter
SEATTLE--(BUSINESS WIRE)--EdgeRunner AI, the leader in domain-specific, air-gapped, on-device AI agents for military and enterprise, today announced the closing of its $12M Series A fundraise. The round was led by Madrona Ventures with participation from seed lead Four Rivers Ventures and joined by new investors HP Tech Ventures and Alumni Ventures. This brings EdgeRunner AI’s total funding to $17.5M. The company will use the new capital to grow its team and invest in product development. Matt...