Pennsylvania Department of Environmental Protection

The Hill | February 10, 2020

President Trump’s budget proposal unveiled Monday includes significant funding increases for research and development of artificial intelligence (AI) and quantum computing. If approved, the fiscal 2021 budget would double nondefense AI spending from roughly $973 million to almost $2 billion. It would also significantly boost quantum information science research by 50 percent compared with last year, with plans to double investment by 2022. "Last year, the President committed to invest...

GOVERNMENT BUSINESS

Castellum, Inc. | December 27, 2021

Castellum, Inc. announces the signing of a letter-of-intent (LOI) to acquire an East-coast based government contractor generating over $4 million in annualized revenue. Subject to due diligence and the execution of a definitive purchase agreement, the Company hopes to close the acquisition in the first quarter of 2022. “We are happy to announce our next LOI, which adds more than 25 employees and further strengthens our past performance by adding more capabilities in In...

PayPal | April 12, 2020

Fintech payments giant PayPal announced Friday that it is taking part in the US government’s Paycheck Protection Program—making it one of the first non-bank institutions approved to provide loans to small businesses during the coronavirus crisis. The Paycheck Protection Program is the initiative of the Small Business Administration, a US government agency. It will provide $350 billion in loans to help small businesses to keep their workers on the payroll....

GOVERNMENT BUSINESS

Indigov | May 31, 2022

Tusk Venture Partners, 8VC, Wicklow Capital, Align Ventures, and Valor Equity Partners participated in a $25 million Series B investment round for Indigov, the premier constituent service platform for public officials. This takes the total amount raised by the company to more than $38.3 million. Indigov is a multi-channel constituent experience management platform that helps public officials organize, respond to, and engage those they serve proactively. It was launched in 2019. Of...