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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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CHAOS Industries Raises $275 Million Series C to Advance Defense and National Security Technology Innovation
LOS ANGELES--(BUSINESS WIRE)--CHAOS Industries, a technology company building the next generation of defense and national security systems, today announced that it has raised $275 Million in Series C funding to support the next phase of its commercial growth and development. The Series C was led by New Enterprise Associates (NEA) and co-led by Accel, with participation from StepStone Group, Overmatch Ventures, Tru Arrow Partners, and Valor Equity Partners. Proceeds will be used to enhance the p...
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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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Tyler Technologies’ State Partner Receives 2025 StateScoop 50 Award from Scoop News Group
PLANO, Texas--(BUSINESS WIRE)--Tyler announces its state partner in Nebraska has won the 2025 State IT Innovation of the Year award in Scoop News Group’s StateScoop 50 Awards....
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Palladyne AI and Red Cat Announce Successful Completion of Cross-Platform Collaborative Drone Flight
SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI and Red Cat Announce Successful Completion of Cross-Platform Collaborative Drone Flight...
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Safe Pro Demonstrates Next-Generation of Military Force Protection Powered by its Artificial Intelligence, Small Object Threat Detection Technology
AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI)-driven security solutions, today announced it has successfully completed multiple demonstrations of its patented Safe Pro Object Threat Detection (SPOTD) technology to various branches of the U.S. Department of Defense. Following these briefings, the Company commenced the integration of its SPOTD technology onto the Win-TAK platform, part of the U...
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Amphenol Announces Second Quarter 2025 Dividend
WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE: APH) announced today that its Board of Directors approved the second quarter 2025 dividend on its Common Stock in the amount of $0.165 per share at its meeting held on April 30, 2025. The Company will pay this second quarter 2025 dividend on July 9, 2025 to shareholders of record as of June 17, 2025. About Amphenol Amphenol Corporation is one of the world’s largest designers, manufacturers and marketers of electrical, electronic a...
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Leonardo DRS Announces Financial Results for First Quarter 2025
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the first quarter 2025, which ended March 31, 2025. CEO Commentary “Our first quarter 2025 financial results exceeded our expectations and reflect a solid start to the year. Our differentiated portfolio continues to exhibit strong customer demand, which is also translating into healthy organic revenue growth. Additionally, in the quarter we...
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Howmet Aerospace Reports First Quarter 2025 Results
PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace Reports First Quarter 2025 Results...
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Ocean Aero to Continuously Monitor the Port of Gulfport for Subsea Infrastructure and Seabed Change Detection
GULFPORT, Miss.--(BUSINESS WIRE)--The Port of Gulfport will implement continuous autonomous subsea surveillance, using Ocean Aero’s state-of-the-art technology--the Triton AUSV....