Inmarsat | September 17, 2022
Viasat Inc., (NASDAQ: VSAT), a global communications company, and Inmarsat, a leading provider of global mobile satellite communications services, today announced the receipt of approval of the proposed combination of their businesses by the UK Government under the National Security & Investment Act.
The Secretary of State for Business, Energy and Industrial Strategy (BEIS) has announced that the transaction does not pose a risk to the UK's national security.
In March 2022, the companies committed to economic undertakings with BEIS, which underlined their pledge to strengthen and advance the UK's National Space Strategy. The economic undertakings include an expansion in the number of highly skilled jobs in key areas and a 30% increase in overall research and development spending in the UK.
"The combination of Viasat and Inmarsat creates a leading global communications innovator with enhanced scale and scope to affordably, securely and reliably connect the world. The UK Government's clearance of Viasat's proposed acquisition of Inmarsat under the National Security and Investment Act is another important step forward on the road to closing the deal, and we would like to thank the UK Government for their close collaboration throughout the process. Viasat has been a trusted partner of the UK's defence and national security communities for more than a decade, including in the provision of its market-leading encryption products. The combined company, whose global international business headquarters will be situated in the UK, will build upon the strong UK relationships that Viasat and Inmarsat already enjoy and allow us to deepen our contribution to the UK's National Space Strategy."
-Mark Dankberg, Executive Chairman and CEO of Viasat.
Rajeev Suri, Inmarsat CEO, added: Inmarsat is proud of our decades of close work with the UK government. Today's approval brings us closer to delivering the new jobs and investment to the UK that have been committed by both Inmarsat and Viasat. Together, we will be well-positioned to compete in a robust market that has both well-funded new entrants and other industry players in the process of consolidating.
Viasat is a global communications company that believes everyone and everything in the world can be connected. For over 35 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea.
Inmarsat delivers world leading, innovative, advanced and exceptionally reliable global, mobile communications across the world – in the air, at sea and on land - that are enabling a new generation of commercial, government and mission-critical services. Inmarsat is powering the digitalisation of the maritime industry, making operations more efficient and safer than ever before. It is driving a new era of inflight passenger services for aviation, while ensuring that aircraft can fly with maximum efficiency and safety. Furthermore, Inmarsat is enabling the rapid expansion of the Internet of Things (IoT) and enabling the next wave of world-changing technologies that will underpin the connected society and help build a sustainable future. And now Inmarsat is developing the first-of-its-kind, multi-dimensional communications network of the future, ORCHESTRA. In November 2021, Inmarsat and Viasat announced the planned combination of the two companies, to create a new leader in global communications. The deal is scheduled to close in the second half of 2022.
Forescout | August 12, 2022
Forescout Technologies Inc., the global leader in automated cybersecurity, today announced it has joined the Joint Cyber Defense Collaborative (JCDC) to further support the U.S. government’s focus on the cybersecurity and resilience of its industrial control systems and operational technology (ICS/OT). Established by the Cybersecurity and Infrastructure Security Agency (CISA), JCDC connects cyber defenders to enable critical thinking and planning against cyberattacks.
“It’s an honor to be included in the newly expanded JCDC-ICS to share Forescout’s leadership and deep expertise in ICS/OT security, Having worked directly with CISA for years, I know this type of collaboration between industry leaders in cybersecurity is exactly what our nation needs to protect against cyberattacks that threaten critical infrastructure systems on which our daily lives depend.”
-Tim Jones, Forescout’s US Federal Government VP of Systems Engineering.
Forescout’s cybersecurity solutions are used by many of the world’s largest utilities, governments, and other critical infrastructure providers. Forescout is committed to enhancing the cybersecurity posture of the critical infrastructure community with dedicated OT solutions and through OT-specific research from Forescout’s Vedere Labs, which has disclosed over 50 OT vulnerabilities in the past month alone. Further, Forescout is a founding member of the OT Cyber Coalition, the central aim of which is to enhance resiliency of our nation’s critical infrastructure.
JCDC-ICS will build on the existing platform of the JCDC by taking advantage of the knowledge, visibility, and capabilities of the ICS community to improve the protection and defense of control systems, inform U.S. government guidance on ICS/OT cybersecurity, and contribute to real time operational fusion across private and public partners in the ICS/OT space. More information about CISA’s work with the ICS community is available at www.cisa.gov/ics.
Forescout Technologies, Inc. delivers cybersecurity automation across the digital terrain, maintaining continuous alignment of customers’ security frameworks with their digital realities, including all asset types- IT, IoT, OT, IoMT, and cloud environments. The Forescout Continuum Platform provides complete asset visibility, continuous compliance, network segmentation and a strong foundation for Zero Trust. For more than 20 years, Fortune 100 organizations and government agencies have trusted Forescout to provide automated cybersecurity at scale. Forescout arms customers with data-powered intelligence to accurately detect risks and quickly remediate cyberthreats without disruption of critical business assets.
Cartegraph | July 04, 2022
Cartegraph, a leader in infrastructure asset management software, has announced the launch of its right-of-way permitting solution for city and county public works, engineering, and transportation departments. By adding Cartegraph for Right-of-Way Permitting to its suite of asset management, work order, resource planning and facility management solutions, the organization assists municipalities in saving time and tax dollars by streamlining the permitting process.
“We are in a period of accelerating innovation in local government right now, From city hall to public works, parks and water utilities, municipal agencies are embracing technology to deliver high-quality services for their residents: online options, contactless payment, and transparent communication. It’s exciting to partner with cities and counties on these efforts. Our comprehensive and modern infrastructure management platform is designed to meet the dynamic and evolving needs of infrastructure owners—from asset and work management to ROW permitting and beyond.Procedural logjams can significantly slow down infrastructure improvement efforts. That’s why we’re so focused on helping cities and counties move beyond a ‘how we’ve always done it’ mindset, It’s inspiring to see so many local government leaders leverage software to work smarter and create better experiences for their teams and residents—particularly at a time when no one has the luxury of extra staffing resources.”
-Josh Mallamud, CEO of Cartegraph.
In the past, public works and engineering teams have relied on paper, spreadsheets, interoffice mail and disjointed systems to manage their street, utility, telecommunication and tree permits. These processes often led to inefficiencies, lost requests and miscommunication between departments and constituents. Today, these infrastructure-focused agencies can use Cartegraph’s secure, digital permitting hub to manage contractor, homeowner and business requests to close roads, repair sidewalks, remove trees and more.
With Cartegraph for Right-of-Way Permitting, constituents quickly submit, track and pay for permit applications. Once received, government teams easily review, approve and reject applications. Office staff can also create, store and send permits, and process payments in seconds. Cartegraph for ROW Permitting helps its users eliminate paperwork, automate workflows, boost departmental efficiency and accelerate sustainable community growth. To learn more, visit cartegraph.com/row-permitting.
Cartegraph builds safer, more resilient and sustainable communities through better stewardship of buildings and critical infrastructure. They offer powerful, intuitive SaaS solutions that help government agencies, utilities, and educational institutions manage their physical assets and associated operations. With Cartegraph software, users optimize the life of their infrastructure, deploy maintenance resources efficiently and increase productivity to drive high-performance operations.