EMERGING TECHNOLOGY,GOVERNMENT BUSINESS
Precisely | January 11, 2023
Global leader in data integrity solutions, Precisely, is selected to be a supplier for the Crown Commercial Service's G-Cloud 13 Framework. Precisely's portfolio of data integrity solutions is now available on the G-Cloud procurement platform, further establishing the company's reputation as a trusted solutions provider to the central and local governments as well as the public sector.
The G-Cloud initiative aims to make cloud-based services more accessible to the UK government and public sector organizations. The framework only includes suppliers and solution providers who meet the UK Government's highest privacy, security, and scalability standards, allowing organizations to procure the services and solutions they require more quickly and with less risk.
Government and public sector services are under considerable stress, which the COVID-19 pandemic aggravated, and many organizations assigned with meeting demanding digital transformation efforts are struggling with the change. This causes data silos, inefficient resource use, a lack of understanding of citizen needs, and even regulatory compliance concerns.
Data analytics continues to be the most pressing issue for central government departments, a recent Central Gov Strategy Forum study revealed, with 65% of the departments planning to increase spending in this area in 2023.
"Whether organizations are looking to move from antiquated mainframes to the cloud, create data governance frameworks, build data quality for a 360° view of their citizens, or leverage powerful spatial insights, successful digital transformation programs need to be fuelled by accurate, consistent, and contextual data," said Jay Reilly, SVP - EMEA at Precisely. He further stated, "Our placement on G-Cloud 13 means public sector organizations can more easily access our portfolio of data integrity solutions, empowering them to make the confident decisions needed to improve the lives of citizens."
Precisely is the world's leading data integrity firm, serving 12,000 customers in over 100 countries, including 99 of the Fortune 100, by ensuring data consistency, context and accuracy in data. Precisely's data integration, quality, governance, location intelligence, and enrichment technologies help businesses make better decisions and accomplish better results.
York Space Systems | November 15, 2022
AE Industrial Partners, LP ("AEI"), a leader in space investing and a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets, announced today that it has completed its majority stake investment in York Space Systems ("York" or "the Company"), an independent provider of small satellites, satellite components and turnkey mission operations.
Dirk Wallinger, who founded York in 2012, will remain in his current role as CEO & Board Director, and Charles "Chuck" Beames will continue to serve on the Board of Directors. They will also maintain significant ownership positions in York. Terms of the transaction were not disclosed.
Headquartered in Denver, CO, York manufactures and architects low Earth orbit ("LEO"), geosynchronous equatorial orbit ("GEO"), and cislunar spacecraft solutions for the proliferated satellite market. Its products are purposefully designed to balance scalability, manufacturability, and efficiency to meet the schedule-driven, high-volume demand for customers' small satellite constellations. York's spacecraft solutions are designed for all mission types, including communications, EO/IR, radiofrequency, hyperspectral, weather, remote proximity ops, and more.
"York has transformed the small satellite market with its complete mission solutions and mass manufacturing capabilities. The Company has become a critical partner to the Space Development Agency ("SDA"), Space Force, and other national security customers given its ability to deliver new satellite technology solutions faster and more cost efficiently than any other player in the market, With significant momentum from multiple marquee national security LEO constellation wins, York now has the ability to manufacture satellites at mass production level scale, which is transformative to the commercial space industry. We are excited to collaborate with Dirk, Chuck and the entire York team as the Company enters into this next stage of growth and development."
-Kirk Konert, Partner at AEI.
York currently serves a variety of leading government and commercial customers. The SDA recently awarded York an additional contract with a total potential value of approximately $200 million. Known as the T1DES program, York will build and operate 12 prototype satellites that will test satellite communications from LEO to augment the Tranche 1 Transport Layer constellation. As previously announced, York is also providing spacecraft solutions as part of both Tranche 0 and Tranche 1 of the SDA's Transport Layer and has a contract with the U.S. Department of Defense's new proliferated LEO constellation.
AEI's experience building other space companies in their portfolio coupled with their strategic investment in York empowers us to continue to compete with the world's biggest aerospace companies while still maintaining the highest level of efficiency and affordability for our government and commercial customers, said Mr. Wallinger. With rote production now well underway at both our Denver Tech Center and downtown facilities, York is well-positioned to meet today's surging commercial and DoD market demand. We are optimistic about the opportunities ahead.
About York Space Systems:
Headquartered in Denver, CO, York Space Systems was founded in 2012 to radically improve spacecraft affordability and reliability, transforming and enabling next generation space mission operations worldwide. An independent provider of small satellites, satellite components and turnkey mission operations, York's products and solutions are used by both government and commercial customers.
About AE Industrial Partners:
AE Industrial Partners is a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets. AE Industrial Partners invests in market-leading companies that can benefit from our deep industry knowledge, operating experience, and relationships throughout our target markets. AE Industrial Partners is a signatory to the United Nations Principles for Responsible Investment and the ILPA Diversity in Action initiative.
Cybersecurity and Infrastructure Security Agency | January 17, 2023
SentinelOne, an autonomous cybersecurity solution provider, recently announced that it joined the Joint Cyber Defense Collaborative (JCDC).
The membership further supports the US Government's strategy to protect the cyber ecosystem and critical infrastructure.
Cybersecurity and Infrastructure Security Agency (CISA) founded JCDC in 2021. The collaborative aims to unite the international cyber community and defend cyberspace. SentinelLabs and SentinelOne's autonomous cybersecurity platforms will aid JCDC in collecting, analyzing, and disseminating data on cyber threats.
SentinelOne will lend its insights and support to JCDC's strategic planning and offer advice as part of the partnership. As a result, JCDC will have unprecedented insight into new threats through this collaboration, allowing them to prevent attacks even before they happen. SentinelLabs is a top-tier team of security researchers dedicated to discovering and analyzing critical vulnerabilities, attack vectors, malware strains, and threat actors.
"JCDC goes beyond other public-private partnerships, delivering collaborative engagement between the nation's top cyber minds with a focus on planning, action, and mitigation. With exceptional speed, scale and intelligence, our team and technology will play a crucial role in the organization's continued success. We have partnered closely with CISA for years and look forward to continuing that relationship, helping protect the world's most critical assets and information," said Jared Phipps, SVP of Americas Sales and Solution Engineering.
(Source: Business Wire)
About Cybersecurity and Infrastructure Security Agency
Cybersecurity and Infrastructure Security Agency (CISA) established JCDC in August 2021 to transform traditional public-private partnerships into real-time private-public operational collaboration and shift the paradigm from reacting to threats and vulnerabilities to proactively planning and taking steps to mitigate them. The company leads the national effort to understand, manage, and reduce risk to its cyber and physical infrastructure. Its multi-faceted mission is home to more than 15 career fields including business administration, cybersecurity, program management, communications, and data science.