MCCS

Huawei | January 27, 2020

The U.S. Commerce Department has withdrawn a controversial rule designed to reduce sales to China's Huawei Technologies. The Commerce Department in May placed Huawei on a trade blacklist, citing national security concerns. That allowed the U.S. government to restrict sales of American made goods to the company and a small number of items made abroad that contain U.S. technology. That ruling now appears to have been reversed. President Donald Trump's administration plans a cabinet-level m...

Emerging Technology

SkyWater Technology | October 13, 2022

SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the Department of Defense (DOD) is investing $12 million to expand the intellectual property (IP) ecosystem for the company’s 90 nm radiation-hardened (rad-hard) by process offering, as part of the previously announced $27 million investment. SkyWater has been making considerable and measurable progress with its RH90 technology roadmap to broaden onshore production capabilities for strategic rad...

Emerging Technology, Infrastructure

EnviroSpark | October 11, 2022

The Georgia-based electric vehicle (EV) charging company EnviroSpark was awarded a federal government contract to design and install EV charging stations at locations run by federal agencies throughout the Southeast region of the United States. The contract, which includes a $500 million dollar budget ceiling for the region, came from the General Services Administration (GSA) amid a nationwide push for expanded EV infrastructure. EnviroSpark earned the highest technical rank...

Government Finance

White Oak Commercial Finance | November 19, 2021

White Oak Commercial Finance, LLC , an affiliate of White Oak Global Advisors, LLC, announced it provided a $5 million factoring facility to a Texas-based government contractor specializing in providing support services to the U.S. Government and subcontractors. The transaction was structured against the company’s receivables to fuel its rapid growth and secure new government contracts of increasing size and complexity. “White Oak was able ...