Trump's aggressive, mixed signals on China whiplash Wall Street

Reuters | August 27, 2019

President Donald Trump’s aggressive stance and often mixed signals in his trade war with China are taking a toll on the shares of U.S. companies that are most reliant on the world’s second largest economy. U.S. stocks rose more than 1% on Monday after Trump predicted a U.S.-China trade deal following remarks by Vice Premier Liu He, who has been leading the talks with Washington, that China was willing to resolve their dispute through “calm” negotiations. On Friday, the S&P 500 tumbled 2.6% after Trump announced an additional duty on some $550 billion of Chinese goods in retaliation for Beijing’s announcement of more tariffs of its own earlier in the day. Trump also sent a tweet demanding U.S. companies seek alternatives to doing business with China, but appeared to back off the threat on Sunday.

Spotlight

First Lady Melania Trump speaks during the 2019 International Women of Courage awards ceremony at the US Senate Department in Washington, DC, on March 7, 2019.

Spotlight

First Lady Melania Trump speaks during the 2019 International Women of Courage awards ceremony at the US Senate Department in Washington, DC, on March 7, 2019.

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CYBERSECURITY

U.S. Department of Defense Awards Accrete Multi-Million Dollar AI Production OT Software Licensing Contract

Accrete | November 18, 2022

Accrete has secured a five-year multi-million dollar Production Operational Technology (OT) software licensing contract from the U.S. Department of Defense (DoD) for Argus™, Accrete's highly configurable, dual-use open-source threat detection AI software solution, worth tens of millions of dollars. The exact contract value and deal terms cannot be disclosed per government guidelines. Argus continuously analyzes the open-source web to predict anomalous and nefarious behavior hidden in plain sight. Argus performs work that would otherwise require thousands of intelligence analysts at an estimated cost of hundreds of millions of dollars a year in areas critical to national security such as supply chain risk management, vulnerability research, intellectual property theft, social media intelligence, insider threat detection, and anti-money laundering. 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EMERGING TECHNOLOGY

New Iridium Certus Service Providers to Support U.S. Government Customers

Iridium Communications | October 13, 2022

Iridium Communications Inc. (Nasdaq: IRDM) announced today that Iridium partners MetOcean Telematics, NAL Research, and Trace Systems are now Iridium Certus® service providers for U.S. government customers, joining Satcom Direct, in this capacity. These unique, long-term deals will allow these companies to provide Iridium's secure global satellite broadband and midband connectivity for mobile voice and data services to the U.S. government through a dedicated gateway. By leveraging the inherent advantages of the Iridium® network, including truly global, on-the-move L-band connectivity, MetOcean Telematics, NAL Research, and Trace Systems are now able to deliver enhanced capabilities that meet Communications Security (ComSec) requirements for the Department of Defense (DoD) and warfighter. These capabilities include global and resilient voice, data and 1080 HD live-action video over satcom across all domains (land, maritime and air) on the move. The service also serves as the "ACE in PACE" – alternate, contingent or emergency communications link, supports early entry communications packages and command and control for autonomous or uncrewed systems and data backhaul. Whether in high-risk combat zones or during inclement weather events, the Iridium network provides uncompromising satellite communications that keeps users connected when it's needed most. Iridium Certus™ terminals enable U.S. government users to securely connect remote assets to respective command and control centers in the U.S. in a cost-effective and secure manner, from anywhere in the world. "Iridium Certus continues to provide mission-critical broadband and midband capabilities to the modern warfighter and we're excited to add new service providers to expand the distribution of these offerings, With the addition of Iridium Certus for the government, these partners will play a critical role in supporting DoD personnel as they utilize this value-added service." -Scott Scheimreif, Executive Vice President of Government Programs, Iridium. Unique in the satellite industry, Iridium Certus is the only broadband service that provides highly reliable, truly global, weather-resilient connectivity for on-the-move internet and high-quality voice access. Iridium Certus terminals are low-profile, compared to the competition, and capable of maintaining broadband connectivity in fast-paced, unpredictable environments on land, at sea, in the air — and can do it without landing in or passing through non-U.S. territories. Iridium Communications Inc: Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2019, the company completed a generational upgrade of its satellite network and launched its new specialty broadband service, Iridium Certus®. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM.

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