Logan City Council

The Post-Star | June 04, 2020

The semiconductor industry is seeking a $37 billion financial aid package from the federal government in a bid to reduce the United States' dependance on China for computer chip technology, an idea that has gathered support as the coronavirus pandemic has exposed the dangers of a high-tech trade imbalance with Asia. The Wall Street Journal was the first to report the proposal, which is being prepared by the Semiconductor Industry Association.The aid package, which faces an uncertain fate in ...

EMERGING TECHNOLOGY

BAE Systems | November 25, 2022

BAE Systems and IT services company Purisolve, Inc. have combined forces to form a joint venture (JV), Promoveo Solutions. The JV is an outgrowth of a U.S. Small Business Administration-approved mentor-protégé agreement between BAE Systems and Purisolve, a historically under-utilized business zones (HUBZone) certified small business. Promoveo will initially focus on competing to support the Department of Treasury, leveraging Purisolve’s 15 year h...

EMERGING TECHNOLOGY,GOVERNMENT BUSINESS

TechFlow | January 09, 2023

Logistics and digital solutions provider, Techflow, recently announced that it has received the follow-on contract to offer improvement and maintenance support services for the cloud.gov platform, by General Services Administration's (GSA) Technology Transformation Service (TTS). The total estimated value of this specific order for Labor Hours is $8,023,014.80. Platform-as-a-Service (PaaS), cloud.gov, is built and operated by TTS to assist teams with delivering federal governm...

EMERGING TECHNOLOGY

Borqs | December 20, 2022

Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless, Internet of Things (IoT) solutions, and innovative clean energy, today announced the Company has received a letter dated December 13, 2022 (the “Letter”) from the Department of the Treasury on behalf of the Committee on Foreign Investment in the United States (“CFIUS”) stating that the Company is required to negotiate with CFIUS to fully divest its...