EMERGING TECHNOLOGY, CYBERSECURITY
Prnewswire | May 05, 2023
IDEMIA Identity and Security (I&S) North America, the leading provider of biometrics and secure identity solutions to federal, state, and local government agencies, is pleased to announce they have been awarded a contract by the Transportation Security Administration (TSA) for the next generation Credential Authentication Technology (CAT). The contract ceiling is $128M with a period of performance over seven years.
CAT is utilized by the TSA to ensure ID authentication* and confirm boarding pass and Secure Flight pre-screening status at the airport security checkpoint. CAT provides enhanced fraudulent ID detection capabilities while confirming the identity and flight information of travelers and is currently being utilized at approximately 200 airport locations nationwide. The next generation CAT, CAT 2, enhances security screening and enables a touchless experience through biometric technology that includes face match ** and acceptance of digital identity credentials, like Mobile ID.
"CAT is one of the most innovative programs we have worked on at IDEMIA, and we are proud to continue building robust identity validation and verification technologies for our partners at TSA, supporting our Homeland's security mission," said Donnie Scott, CEO, IDEMIA I&S North America. "The CAT program is setting the standard for us in our public private partnerships across government. Earlier this year we delivered our 2,054th CAT unit to the TSA, a milestone truly representing our team's hard work, dedication and subject matter expertise in identity and security."
IDEMIA I&S North America has also been an authorized TSA PreCheck® enrollment provider since 2013, processing enrollments for over 17 million travelers to date.
About IDEMIA Identity and Security (I&S) North America
IDEMIA I&S North America is a leader in identity security and authentication services to governments and private companies, operating in North America. Our mission is to Unlock the World, Make It Safer - helping people access what matters most, more quickly, more safely, and more securely, in both the physical and the digital worlds. Our best-in-class technology helps to authenticate and secure physical and digital transactions. IDEMIA is recognized by the National Institute of Standards (NIST) as a top-ranking participant in the Institute's passenger facilitation simulation testing as well as in its regular Face Recognition Vendor Test (FRVT) rankings, reinforcing the trustworthiness and reliability of IDEMIA's facial recognition solutions for government and consumers alike.
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EMERGING TECHNOLOGY, CYBERSECURITY
PR Newswire | May 23, 2023
OnSolve, a leading critical event management provider that enables organizations to mitigate physical threats and remain agile when a crisis strikes, today announced its Federal Risk and Authorization Management Program (FedRAMP) authorization, certifying its technology has successfully gone through a rigorous review and assessment process to meet stringent federally defined standards. With the news, OnSolve continues to offer federal agencies cloud-based, secure technology to keep them ahead of risk and streamline communication during a disruption or crisis.
"Government agencies are facing significant challenges from a dynamic risk landscape and need secure technology to help them mitigate all manner of threats," said OnSolve Chief Executive Officer Mark Herrington. "Our recent Global Risk Impact report found staggering increases across infrastructure, severe weather and transportation threats. Today's news reinforces our commitment to helping the public sector navigate this complexity and keep people, places and property as safe as possible."
FedRAMP authorization enables the federal government to accelerate the adoption of cloud-based vendors by creating transparent standards and processes for security authorizations, including a C-level security evaluation from the Department of Defense, the General Services Administration and the Department of Homeland Security. By achieving FedRAMP authorization, the public sector can rapidly deploy the OnSolve Platform at a time when physical threats are rapidly increasing, helping agencies strengthen their security posture and mitigate the impact of threats to their people and assets. Federal agencies will continue to use the OnSolve Platform to securely manage risks, communicate quickly and activate crisis teams from any location. OnSolve can be found on the FedRAMP Marketplace here.
"Government agencies have a duty to protect their employees and the missions they serve from physical threats that are becoming increasingly common," said Dustin Radtke, CTO, OnSolve. "There is a clear sense of urgency to support the public sector with secure solutions that keep organizations agile and resilient in today's dynamic threat landscape. Increasing the adoption of a solution like the OnSolve Platform will save lives, protect critical infrastructure and enable operational agility. We remain committed to deepening our partnerships within the public sector."
OnSolve's public sector customer base includes over 40 percent of authorized Integrated Public Alert & Warning Systems (IPAWS) authorities, cities and counties, 250 utility agencies and 50 federal agencies. Whether a severe weather event, natural disaster or power outage, the OnSolve Platform detects and shares timely updates on public safety emergencies and other public threats, with multi-modal delivery options including mobile, text, email, phone, social media and more.
OnSolve's recent release of the 2023 Global Risk Impact Report identifies three rising threats across the U.S. Infrastructure and technology failures (+807%), transportation accidents (+296%) and extreme weather (+42%) increased significantly in 2022 when compared to 2021. To read the 2023 OnSolve Global Risk Impact report, please visit www.onsolve.com/GRI.
About OnSolve
OnSolve is a leading critical event management provider that proactively mitigates physical threats, allowing organizations to remain agile when a crisis strikes. Using the most trusted expertise and reliable AI-powered risk intelligence, critical communications and incident management technology, the OnSolve Platform enables enterprises, SMB organizations and all levels of government to detect, anticipate and mitigate physical threats that impact their people, places and property.
With billions of alerts sent annually and proven support for both the public and private sectors, OnSolve is used by thousands of entities to save lives, protect communities, safeguard critical infrastructure and enable agility for the organizations that power our economy. For more information, please visit www.onsolve.com.
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EMERGING TECHNOLOGY
Prnewswire | April 19, 2023
Renovus Capital Partners ("Renovus") today announced that its newly formed platform, Aretum, LLC ("Aretum" or the "Company"), has acquired Miracle Systems, LLC ("Miracle"), an Arlington, VA-based prime contractor to more than twenty federal agencies domestically and internationally. Miracle joins existing Renovus portfolio company Panum Telecom, LLC ("Panum") within Aretum, a leading mid-tier organization focused on providing management consulting, mission support and technology solutions. Aretum primarily serves the DoD, DHS and Federal Civilian agencies through a broad array of contracts, contract vehicles and talented resources.
"We are excited to bring together a rich and diverse pool of highly talented professionals under one organization," said Dr. Vaikunth Gupta, Co-Founder of Panum. "Our goal is to continue building Aretum into a best-in-class service provider to DHS, civilian and Department of Defense agencies."
"The combination of Panum and Miracle under the Aretum umbrella is yet another step in our growing commitment to support the mission of government agencies with technology and management consulting services," said Atif Gilani and Manan Shah, Partners at Renovus Capital. "We are confident that Aretum will bring technology-focused innovative solutions to support our customers while unlocking value for our investors and stakeholders."
Sandesh Sharda, Founder and CEO of Miracle Systems, commented, "Renovus really stood out from the other investors we considered. They had already made a significant growth investment in Panum and have great familiarity and understanding of the space where we operate."
Aretum becomes the third Renovus platform in the government service space. Renovus will leverage its deep expertise across the broader knowledge and talent space to continue building each platform through a combination of organic expansion and add-on acquisitions.
King & Spalding served as legal counsel to Renovus and Panum. UBS Investment Bank served as exclusive financial advisor to Miracle Systems, and Greenberg Traurig served as legal counsel.
About Miracle Systems
Miracle Systems is an innovative solutions provider bringing an entrepreneurial spirit and thought leadership to the Federal Government. We are an array of program managers, engineers, financial analysts, IT experts, systems designers, security specialists, trainers, and mission support specialists who have joined forces to create timely, tested, and sustainable solutions. Our signature offerings encompass PMO support, engineering services, financial consulting, IT modernization initiatives, mission-critical cyber support, and comprehensive training services. Established in 2003 and headquartered in Arlington, VA, our success has been demonstrated by cultivating long-term employees – and long-term clients. We proudly service over 100 contracts, and prime over 90 – managing over $900 million across civilian and military sectors. Miracle Systems consistently delivers high levels of customer satisfaction through innovation, ethics, and excellence.
About Aretum, LLC
Aretum LLC is a newly formed holding company that owns Miracle Systems and Panum Telecom. Miracle Systems (www.MiracleSystems.net) provides leading edge solutions and outstanding service to Federal clients, focusing on PMO Support, Financial Consulting, Engineering Services, Training Services, IT Systems, Cyber Mission. Miracle System has 90 active Prime Contracts across the US Government. Panum Telecom, LLC (www.panum.com) offers a broad spectrum of mission services including nutritional health, and management consulting services such as program & project management, acquisition & contract management, business & strategy consulting and next generation analytics, information and communications technology services such as network infrastructure & security, research & analysis, and training to Federal Government agencies. Panum is based in Bethesda, MD.
About Renovus Capital Partners
Founded in 2010, Renovus Capital Partners is a lower middle-market private equity firm specializing in the Knowledge and Talent industries. Renovus manages over $1 billion including its three sector-focused funds. The firm's portfolio includes over 25 businesses in education and training, healthcare services, technology services and professional services. Renovus typically partners with founder-led businesses, leveraging its experience to make operational improvements, recruit top talent, pursue add-on acquisitions, and oversee strategic growth initiatives.
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