Oil steadies, set for weekly gain amid hopes for end to U.S.-China trade war

Reuters | September 06, 2019

Oil prices were steady on Friday, with crude benchmarks poised for multi-week gains amid a sharp drawdown in U.S. crude inventories, while trade tensions eased as Washington and Beijing agreed to hold high-level talks next month. Brent crude was down 3 cents at $60.92 a barrel by 0850 GMT, while U.S. West Texas Intermediate (WTI) crude was down 10 cents at $56.20 a barrel. Brent is set to mark its fourth weekly gain, while U.S. crude is headed for a second weekly rise. Beijing and Washington on Thursday agreed to hold high-level talks in early October in Washington, cheering investors hoping for an end to the trade war between the world’s two biggest economies that has brought tit-for-tat tariff hikes, chipping away at economic growth.

Spotlight

Although Class 8 Trucks only make up 4% of the vehicles on the road, they use about 20% of the nation's transportation fuel. In this video, learn how new fuel-efficient technologies are making our country's big rigs quieter, less polluting, more energy-efficient, and less expensive to operate over time.

Spotlight

Although Class 8 Trucks only make up 4% of the vehicles on the road, they use about 20% of the nation's transportation fuel. In this video, learn how new fuel-efficient technologies are making our country's big rigs quieter, less polluting, more energy-efficient, and less expensive to operate over time.

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GOVERNMENT BUSINESS

Equifax Becomes First Consumer Reporting Agency to Achieve FedRAMP Ready Designation

Equifax | March 15, 2022

Equifax announced that it is the first consumer reporting agency to achieve a Federal Risk and Authorization Management Program (FedRAMP) 'Ready for Agency Authorization,' a designation enabled by the $1.5 billion Equifax technology and security transformation. The newly-listed Equifax Government Data Exchange system is an Application Programming Interface (API)-based delivery channel that enables secure access to real-time income and employment verification services from The Work Number. With the 'Ready for Agency Authorization,' the Equifax Government Data Exchange is the first offering to include an income and employment verification solution that meets FedRAMP standards for inclusion on the FedRAMP Marketplace. Equifax expects this to be the first of many Equifax products that will ultimately be made available to U.S. Government customers through the FedRAMP Marketplace. FedRAMP is a U.S. government program that provides a standardized approach to security assessment, authorization and continuous monitoring for cloud products and services. Achieving FedRAMP Ready status indicates that Equifax delivers the security and enterprise-level capabilities required for commercial cloud service offerings. The approval of the Equifax Government Data Exchange system follows a third-party audit and preparation of a Readiness Assessment Report (RAR) that was performed by a FedRAMP third-party assessment (3PAO) organization. Achieving the FedRAMP Ready milestone is a testament to the engineering excellence of the Equifax CloudTM, our unique implementation of a public cloud infrastructure designed to meet the needs of our highly regulated data environment. Our global data fabric securely unifies more than 100 data silos into a single platform that delivers smarter insights at a greater velocity than ever before. That scale and integration is how the Equifax Cloud has moved us far beyond the scope of a consumer reporting agency and enabled us to respond to the needs of customers across industries in new ways. As government agencies continue to expand their use of data and analytics in the cloud, we're providing a secure, fully-managed FedRAMP-ready environment." Bryson Koehler, Chief Product, Data, Analytics & Technology Officer at Equifax Federal government agencies rely on The Work Number database to deliver seamless, instant verifications of income and employment information in support of social service benefit decisions. In 2021, The Work Number service fulfilled 30 million verifications in support of government assistance programs in the United States. Those streamlined verifications help government agencies make faster benefits decisions, which can reduce the time it takes for people to receive the critical assistance they need. "The Equifax Cloud environment has given us real-time visibility into our cloud infrastructure along with top-tier cybersecurity detection and response capabilities. Achieving FedRAMP Ready status—validation from one of the most stringent security standards in the world—further validates our commitment to being a leader in security," commented Jamil Farshchi, Chief Information Security Officer at Equifax. "Few companies have dedicated more time and resources into ensuring that information is protected. And, while our participation in FedRAMP guides our interactions with federal agencies, the rigor of the program benefits both the commercial clients of The Work Number and the consumers whose information is included within." The Equifax Government Data Exchange system is now listed on the FedRAMP Marketplace and Equifax is currently pursuing full FedRAMP Moderate certification. About Equifax At Equifax we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by more than 13,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region.

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GOVERNMENT BUSINESS

senseFly, an AgEagle Company, Named to Blue sUAS 2.0 List of Drone Suppliers by the U.S. Defense Innovation Unit

AgEagle Aerial Systems Inc. | October 29, 2021

AgEagle Aerial Systems Inc. , an industry-leading provider of full-stack drone, sensor and software solutions, today announced that its wholly-owned subsidiary, senseFly, has been named to the Blue sUAS 2.0 list, published by the U.S. Department of Defense’s Defense Innovation Unit (DIU) earlier this month. The Blue sUAS 2.0 project follows the successful partnership between the U.S. Army and DIU on the Short Range Reconnaissance (SRR) program for small unmanned aircraft systems (sUAS), which started in 2019. DIU’s Blue sUAS project, now referred to as ‘1.0,’ followed the SRR program in August 2020 and made minor modifications to five final SRR candidate air vehicles and built integrated commercially-based ground control stations to create a standalone commercial/enterprise configuration available to the Department of Defense (DoD), as well as other U.S. government entities. The 2.0 project was subsequently created to increase the diversity, capability and affordability of UAS on DIU’s “Blue UAS Cleared List,” bringing a greater variety of UAS with a wide range of modalities, capabilities and price points. A secondary part of the project involves: 1) an effort to define a common standard across the DoD for UAS vendor onboarding; 2) the means to communicate that standard; and 3) a uniform process to assist authorized vendors in the procurement process. In March 2021, DIU sought proposals from UAS vendors and in the brief period the Request for Prototype Proposals was listed on its website, www.sam.gov, DIU received more than 100 responses. From this group, senseFly, along with ten other companies, were selected to participate in the Blue sUAS 2.0 program to prototype a new approval process, significantly increasing the variety of UAS capabilities available to all branches of the U.S. military. As part of the Blue sUAS 2.0 registration and qualification process, senseFly has completed two demonstrations for U.S. government officials of its highly ruggedized eBee TAC UAV, a hand-launched fixed wing tactical mapping drone solution that enables users in disconnected environments to execute complex mapping and scouting missions safely and efficiently. Weighing only 3.5 pounds, eBee TAC features a digital camouflage skin for increased stealth and can be rapidly deployed, from assembly to hand-launch, in three minutes by a single user. In late July 2021, an initial technical demonstration took place at Fort Hunter Liggett, the U.S. Army Reserve’s largest training installation, where senseFly’s eBee TAC underwent testing and evaluation of its system configuration, flight test profile and safety of flight procedures, coupled with the repeatability and reliability of flights and data capture. In mid-September 2021, the Company conducted a second demonstration at the U.S. Air Force Academy in Colorado consisting of various flight demos of the eBee TAC for the purpose of testing and evaluating the system’s capabilities in adverse and high altitude environments. senseFly expects to complete the registration process prior to the end of this year. “Since their creation more than 50 years ago, drones have continued to evolve, becoming one of the main tools integrated into military and defense forces throughout the world. Through senseFly’s innovative eBee TAC, AgEagle believes our Company can become an important player in the UAS domestic industrial base for the U.S. and its allies, helping to ensure delivery of secure drone mapping and scouting solutions that the DoD and other government entities will come to depend on.” AgEagle CEO Brandon Torres-Declet About AgEagle Aerial Systems Inc. AgEagle and its wholly owned subsidiaries are actively engaged in designing and delivering best-in-class drones, sensors and software that solve important problems for our customers. Founded in 2010, AgEagle was originally formed to pioneer proprietary, professional-grade, fixed winged drones and aerial imagery-based data collection and analytics solutions for the agriculture industry. Today, AgEagle is a leading provider of full stack drone solutions for customers worldwide in the energy, construction, agriculture, and government verticals.

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EMERGING TECHNOLOGY

Deepspatial Inc. Partners with IPE Global to Provide its Technology in the Government Sector

Deepspatial Inc. | October 06, 2021

Deepspatial Inc. is pleased to announce a partnership with IPE Global Limited (IPE Global) to provide its Geospatial Artificial Intelligence (AI) (patent pending) solutions to IPE Global’s clients throughout government and private sectors. IPE Global will be leveraging Deepspatial’s technology to assist their global client base in addition to working together towards jointly proposing their solutions to specific markets and clients identified by IPE Global. IPE Global Limited is a leading international development consulting group, providing Information and Communication Technology solutions for development and sustainable growth in developing countries. IPE Global currently operates in 8 countries encompassing Africa, Asia, and Europe with a workforce of over 1100 employees globally. Over the last 20 years, IPE Global has successfully implemented 800 multi-sectoral projects in over 100 countries, across 5 major continents. IPE Global has partnered with multilateral & bilateral agencies such as ADB, The World Bank, DFID, USAID, DANIDA, KfW, EC, GTZ, JICA, UNICEF, UNDP, and more. As well as governments, private sectors, not-for-profit entities, and philanthropic organizations like BMGF, MasterCard Foundation, Children’s Investment Fund Foundation (CIFF) and more in anchoring development agendas for sustainable and equitable growth. “In today’s world, the need for evidence-based decision making in the social development sector is much greater than ever before. We at IPE Global strongly believe that data driven solutions to social development problems are more effective in bringing sustainable change. We are very happy to partner with Deepspatial in our endeavour to continuously provide our clients state of the art IT and AI based solutions.”, said Shalender Sharma, Director at IPE Global. “We are grateful that Deepspatial is able to bring its solutions to IPE Global’s impressive client base to tackle the evergrowing socio-economic challenges countries are facing right now. Furthermore, we are eager to leverage IPE Global’s established relationships in the government, targeting key public sector opportunities where our solutions can add the most value.” Dr. Rahul Kushwah, CEO of Deepspatial. About Deepspatial Inc. Deepspatial Inc. is an artificial intelligence, technology SaaS company at the forefront of geospatial artificial intelligence and geographic informational systems, specializing in providing robust, AI-powered solutions to businesses by leveraging the power of geospatial data. The company has currently built products that target four specific customer needs across industry verticals. These are (1) geodemographic customer profiling, (2) price recommendation engine, (3) inventory management and supply chain analytics (market entry and expansion), and (4) sentiment monitoring to measure and improve brand health. About IPE Global IPE Global Limited is an international development consulting group known for providing technical assistance and solutions for development and sustainable growth in developing countries.

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