Trump's Christmas Gift to Big Oil: Killing Hopes of Electric Car Tax Credit Extension

Ecowatch | December 19, 2019

The oil industry, a staunch opponent of electric vehicles (EVs), received an early Christmas present from the White House as President Trump reportedly intervened to quash an EV tax credit expansion from inclusion in a government spending package. The tax credit is meant to help offset the upfront cost of electric vehicles and boost the EV market. Consumers who purchase an EV can currently claim a credit up to $7,500, and the credit phases out once auto manufacturers sell 200,000 qualifying vehicles. Tesla and General Motors have both hit the 200,000-vehicle cap and had lobbied for an extension. A bipartisan proposal called for allowing a $7,000 credit for an additional 400,000 vehicles sold.

Spotlight

Limit column headings to 12 characters or less. Truncation can occur with longer column headings which may be undesirable. If longer column headings are needed, consider migrating the table into an ESRI geodatabase (.gdb) instead of a .dbf, as these types of files can support longer column names

Spotlight

Limit column headings to 12 characters or less. Truncation can occur with longer column headings which may be undesirable. If longer column headings are needed, consider migrating the table into an ESRI geodatabase (.gdb) instead of a .dbf, as these types of files can support longer column names

Related News

GOVERNMENT BUSINESS

Godspeed Capital Acquires Exceptional Software Strategies, Inc.

Godspeed Capital | January 15, 2022

Godspeed Capital Management LP (“Godspeed Capital”), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm, today announced the successful acquisition of Exceptional Software Strategies, Inc. (“ESS” or the “Company”), a leading provider of information technology solutions to mission-oriented Federal agencies, including members of the Intelligence Community and Department of Defense agencies. The financial terms of the transaction were not disclosed. ESS boasts a 25-year history of successfully integrating mission-critical information technology solutions across the Intelligence Community. The Company provides core capabilities in cyber, software and systems engineering, and geographic information systems, and works with a broad array of Intelligence Community and Federal agencies with critical National Security missions, including a strong presence in Fort Meade, Maryland. Nearly each of the Company’s seasoned engineers across its dynamic team holds the highest-level of security clearance. By developing, testing, and deploying solutions to mitigate and combat threats across emerging areas of critical importance such as blockchain, cloud computing and storage, data analytics, and artificial intelligence, ESS is critically focused on leading the next frontier of cyber-protection and innovation. The newly acquired ESS will join Godspeed Capital’s recently formed high-end cyber and technology solutions platform holding company, designed to provide U.S. Defense and Intelligence Community agencies with a full suite of solutions to combat an increasing and ever-evolving level of cybersecurity and intelligence threats. Paul Stasko, Founder & President of ESS, said, “Godspeed Capital brings an exceptional amount of government-related expertise, know-how, and vision to the table, as well as a deep understanding of our core Intelligence Community customer set. We are excited to be joining Godspeed as part of a broader, better resourced and scalable platform strategy and look forward to collaborating with like-minded providers as we continue to enhance our collective solutions to meet the increasingly complex and evolving needs of the U.S. Intelligence Community.” “We are thrilled to partner with ESS, the go-to provider of mission critical solutions and services to the Intelligence Community and other Federal agencies. Through their unparalleled knowledge and experience with existing and legacy infrastructure, data flows, and processes, ESS is uniquely positioned to shape the future of mission critical technology and data protection requirements. The increased scale and profitability of the combined platform coupled with additional capital and resources from Godspeed will allow us to invest more in technology innovation, talent acquisition, and corporate infrastructure as we move forward. We look forward to accelerating the Company’s growth initiatives.” Douglas T. Lake, Jr., Founder & Managing Partner of Godspeed Capital About Exceptional Software Strategies, Inc. Founded in 1996 and headquartered in Linthicum Heights, Maryland, ESS is a professional services company providing information technology solutions to mission-oriented Intelligence Community and Department of Defense agencies. ESS offers core capabilities in cyber, software and systems engineering, and geographic information systems with a strong presence in Fort Meade, Maryland, but also with select Department of Defense agencies, and extensive past performance with a broad array of other Intelligence Community and Federal agencies with National Security missions. About Godspeed Capital Godspeed Capital is a lower middle-market Defense & Government services, solutions, and technology focused private equity firm investing alongside forward-thinking management teams that seek an experienced and innovative investment partner with unique sector expertise, operational insight, and flexible capital for growth. While a typical investment will involve companies generating approximately $3 million to $30 million of EBITDA, Godspeed Capital has significant support to complete larger transactions through strategic co-invest relationships. The firm focuses on control buyouts, buy-and-builds, corporate carve-outs, and special situations.

Read More

CYBERSECURITY

Verimatrix Threat Defense Technology Wins 2022 Global Infosec Award

Verimatrix | June 20, 2022

Verimatrix, the leader in powering the modern connected world with people-centered security, announced Verimatrix App Shield, part of the company’s Extended Threat Defense family of products, won this year’s Global Infosec Award for Most Comprehensive Mobile Application Security. Providing fast yet comprehensive protection for mobile apps, developers turn to App Shield for powerful no-code protection against potentially devastating threats such as reverse engineering, application repackaging, emulators, debuggers and more. In 2021, Verimatrix was named winner in the Next Gen for Application Security category, marking ongoing recognition for its application shielding technology that continues to protect a growing number of apps worldwide spanning industries such as automotive, finance and medical. Verimatrix uniquely combines ease of use with security innovations that make App Shield an appealing option for protecting an app for publishing on the app stores. We’re pleased to receive this repeated honor, as we are committed to providing a streamlined path toward powerful protections – freeing up app developers to focus on their core business while still providing peace of mind that vital intellectual property, source code, APIs and personal data are safe.” Asaf Ashkenazi, Chief Operating Officer and President at Verimatrix App Shield injects protections directly into an Android APK or iOS xcarchive package via a zero-code SaaS service that takes only minutes to use. App Shield support various mobile app programming languages such as Swift, Kotlin, Java, C, C++ and Obj-C. The industry award program has been organized by Cyber Defense Magazine (CDM) for the last 10 years. Its judges are CISSP, FMDHS, and CEH certified security professionals who vote based on their independent review of company submissions. About Cyber Defense Magazine Cyber Defense Magazine is the premier source of cyber security news and information for InfoSec professions in business and government. Managed and published by and for ethical, honest, passionate information security professionals, the magazine’s mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. It delivers electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. About Verimatrix Verimatrix helps power the modern connected world with security made for people. We protect digital content, applications, and devices with intuitive, people-centered and frictionless security. Leading brands turn to Verimatrix to secure everything from premium movies and live streaming sports, to sensitive financial and healthcare data, to mission-critical mobile applications. We enable the trusted connections our customers depend on to deliver compelling content and experiences to millions of consumers around the world. Verimatrix helps partners get to market faster, scale easily, protect valuable revenue streams, and win new business.

Read More

StackRox Kubernetes Security Platform Certified as a Standard Security and Compliance Platform in DoD's Hardened Container Repository

StackRox | October 17, 2020

StackRox, the leader in container and Kubernetes security, today announced that the StackRox Kubernetes Security Platform has received accreditation from Iron Bank (formerly known as Department of Defense Centralized Artifacts Repository (DCAR)) as part of the DoD's Enterprise DevSecOps Initiative. The DoD is implementing the Enterprise DevSecOps Initiative to enable agencies to develop applications more rapidly and in a more secure manner to increase the warfighter's competitive advantage. The StackRox Kubernetes Security Platform has been certified for compliance with the DoD Enterprise DevSecOps Container Hardening guide and accredited for use by the DoD to enable automated testing and container security.

Read More