Infrastructure, Cybersecurity
PR Newswire | August 01, 2023
Palantir Technologies Inc. (NYSE: PLTR) today announced that it was selected by the Defense Information Systems Agency (DISA) to support coordination between federal and commercial licensees of the 3450 - 3550 MHz spectrum band. Palantir will provide its software platform to enable end-to-end automation that will enhance coordination between the Department of Defense and commercial spectrum licensees for shared use of the 3450-3550 MHz band within cooperative planning area (CPA) and periodic use area (PUA) coordination zone boundaries.
As part of an ongoing interagency effort to facilitate the shared usage of critically important mid-band spectrum, Palantir's software will enable DISA's Defense Spectrum Organization (DSO) to support formal and informal coordination processes between the Department of Defense and commercial licensees. Existing and future government activities in the spectrum band are vital to protect national security and ensure military readiness.
Palantir software will be used to integrate multiple existing functions and capabilities into a single infrastructure that will result in more efficient workflows, reducing the timelines for licensee coordination with DoD to establish sharing agreements and enable deployment of 5G wireless services within CPA/PUA boundaries. Palantir software will also be used to demonstrate the ability to support more advanced spectrum sharing use cases.
"We are proud to partner with DISA DSO to support the complex task of sharing limited spectrum resources between federal and commercial users," said Akash Jain, President, Palantir USG. "We are excited to rapidly deploy software that will accelerate and automate coordination workflows and enable the increasingly dynamic and efficient use of spectrum."
"As military and commercial use of radio-frequency spectrum continues to grow, spectrum coordination will be increasingly necessary to preserve the effectiveness of critical national security capabilities while enabling U.S. commercial leadership in 5G and other critical technology areas. Palantir looks forward to working alongside the Department of Defense to deploy innovative software solutions that support advanced spectrum sharing workflows and processes," said Miriam Marwick, SVP, Emerging Technologies, Palantir USG.
About Palantir Technologies Inc.
At Palantir, we're helping the world's most important institutions use their data to solve their most urgent problems. Our software lets our customers integrate and analyze all of their data so they can answer questions that they couldn't before. From delivering disaster relief to building safer automobiles, we're honored to help make our partners better at their most important work.
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Emerging Technology
PR Newswire | July 03, 2023
Cybersecurity pioneer Coalfire, IT solutions provider Carahsoft Technology Corp., and Google Public Sector have entered into a partnership to accelerate FedRAMP Authority to Operate (ATO) certification and public sector opportunities for customers deployed on Google Cloud. Coalfire's FedRAMP expertise and offerings will be bundled and delivered to Google Cloud's state, federal, and institutional clients by Carahsoft, one of the public sector's largest solution providers, and its ecosystem of reseller partners and systems integrators.
"With the Federal Risk and Authorization Management Program now the law of the land, achieving FedRAMP certification has quickly evolved from cost burden to exponential business opportunity," said Troy Bertram, managing director of Google Cloud's Public Sector Partner Ecosystem. "Whether or not our clients are selling into government markets or looking ahead to renewing contracts, Coalfire's disruptive services portfolio and ability to provide enterprise SaaS companies with FedRAMP advisory and assessment services that accelerate time to market is a mission-critical differentiator for government contractors."
The collaboration enables Google Public Sector and Carahsoft clients to accelerate their digital transformation and enter new federal markets through Coalfire's FedRAMP advisory services. These offerings allow customers to quickly and cost-effectively understand gaps and build required architectures and documentation to achieve FedRAMP authorization, reducing the historically exorbitant financial barriers to entry that FedRAMP was known for. Once clients achieve ATO, they are positioned to sell across multiple agencies (not just one), and with the Coalfire/Google Public Sector/Carahsoft solution, clients retain ownership of all technology deliverables.
"The FedRAMP roadmap leads to a threat-informed approach to risk management, and the FedRAMP Authorization Act passed in December of last year opens new opportunities for companies to test once and certify many times with reciprocity among agencies," said Carahsoft President Craig P. Abod. "From gap and desired architecture analysis to audit-ready, this partnership with Coalfire enables Carahsoft technology partners operating in Google Cloud to confidently accredit and deploy FedRAMP-compliant environments within an accelerated timeline. Carahsoft and its ecosystem of partners are excited for the opportunity to offer public sector customers a greater variety of FedRAMP-certified solutions deployed on Google Cloud to achieve their mission goals."
"Bringing disruptive and cost-effective FedRAMP services to companies on or considering Google Cloud through channel leader Carahsoft now enables customers to accelerate or expand their sales opportunities with the federal government," said Coalfire CEO Tom McAndrew. "As a FedRAMP pioneer, we have a 100% pass rate on FedRAMP environments we've built. This partnership enables a faster, more cost-effective path for companies considering FedRAMP."
Coalfire has a well-established relationship with Carahsoft and a long history of serving as the trusted FedRAMP auditor and assessment body for Google Cloud. "Whether required or not, FedRAMP is a business opportunity, and every cloud services and SaaS provider should have a FedRAMP strategy," said Jeff Rector, head of worldwide channels and partnerships at Coalfire. "We're excited to take this next step with Google Public Sector and Carahsoft as we work together to help our customers manage and monetize the FedRAMP opportunity."
About Carahsoft
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at www.carahsoft.com
About Coalfire
The world's leading organizations – including the top five cloud service providers and leaders in financial services, healthcare, and retail – trust Coalfire to elevate their cyber programs and secure the future of their business. Number one in compliance, FedRAMP®, and cloud penetration testing, Coalfire is the world's largest firm dedicated to cybersecurity services, providing unparalleled technology-enabled professional and managed services. To learn more, visit Coalfire.com.
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Government Business
PR Newswire | July 05, 2023
DroneShield Ltd has been awarded a follow-on 2-year R&D contract with a total value of $9.9 million by a Five Eyes Department of Defence (DoD). Approximately $4.5 million is due in the September and December 2023 quarters. Five Eyes refers to the defence/intelligence alliance between the US, Canada, UK, Australia and NZ.
The award follows DroneShield materially completing the $3.8 million contract announced 4 June 2021 with the DoD, with a final milestone payment expected this month.
Oleg Vornik, DroneShield's CEO, commented, "Follow-on contracts are the ultimate customer measure of our performance. As an Australian sovereign industrial capability business, DroneShield is proud and pleased to continue undertaking multi-year contracts of increasing size with this customer."
"This is the largest long-term contract received by DroneShield to date, significantly larger than the earlier, $3.8 million contract. The 2-year term locks in cash receipts over a period of time. Further larger contracts are anticipated following completion of this phase."
"In the current uncertain geopolitical environment, there is a significant focus by the Five Eyes Governments to procure from defence industrial capability champions within their network of countries. Having deep engineering and research capability, TRL9 products and a track record of working with Defence, places DroneShield in a favourable position for ongoing work."
Operational Update
Following a strong $7 million cash receipts 1Q23 quarter, DroneShield is on track for an all-time record 2Q23 quarter and continuing on a trajectory for another record year for cash receipts in 2023. Further detail will be provided in the next 4C quarterly, due to be released later in July.
Significant progress on manufacturing, operations and inventory scale-up to support additional anticipated orders for remainder of 2023. DroneShield is currently finalizing the location for a larger industrial site to move its Sydney operations to enable the growth.
With the $11 million contract announced in December now fully delivered and paid for, DroneShield is progressing the inventory build of the second $11 million order announced in January, expected to be delivered later this year.
Current order book (committed and binding customer purchase orders) of approximately $29 million, an all-time record.
Over $200 million qualified opportunities pipeline (in addition to the order book), across approximately 80 projects.
Ongoing record demand for counterdrone / C-UAS equipment, underscored by the events in Ukraine and increasing defence and security budgets globally.
In addition to military and intelligence communities, significant engagement with critical infrastructure plants, airports and other civilian customers.
About DroneShield Limited
DroneShield provides Artificial Intelligence powered platforms for protection against advanced threats such as drones and autonomous systems. We offer customers custom counterdrone (or counter-UAS) solutions and off-the-shelf products, designed to deliver highly effective capabilities for multiple missions and use cases. Our customers include military, government, law enforcement, critical infrastructure, and airports globally.
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