CYBERSECURITY
Fidelis Cybersecurity | February 02, 2023
National Association of State Procurement Officials (NASPO), has recently added Fidelis Cybersecurity platforms to its existing ValuePoint contracts with Carahsoft Technology Corporation, providing cyber defense solutions to associated Education institutions, States, and Local Governments.
Its integrated cloud security platform helps customers delve deeper into their digital environments, detect, and respond to threats faster, improve threat detection, enable continuous risk assessment, and ensure compliance and security.
Alex Whitworth, Sales Director leading the Fidelis team at Carahsoft, said, “The addition of Fidelis’ platforms to this contract creates new opportunities for NASPO members to protect their critical operations and safeguard sensitive Government data. “Fidelis’ cybersecurity solutions exceed standard threat protection by enabling proactive cyber defense across cloud environments and on-premises. We look forward to working with Fidelis and our reseller partners to make it easier for our joint customers to acquire this advanced technology.”
(Source – Business Wire)
Dale McCloskey, Senior Vice President, Federal Sales at Fidelis Cybersecurity, said, “Universities and State and Local agencies are under a continuous barrage of attacks. We are excited to expand our partnership with Carahsoft and enable NASPO’s State and Local agency and higher education customers to shift to proactive cyber defense with integrated Deception, XDR and cloud security and compliance platforms to better protect their hybrid environments from advanced threat actors.”
(Source – Business Wire)
About Fidelis Cybersecurity
Fidelis Cybersecurity is a cyber defense provider for modern IT, serving cyber threat detection, withdrawal, response, compliance, and cloud security. It offers dynamic cyber terrain mapping, multi-facet context, and risk assessment. It reduces attackable surfaces, threat detection, incident response, and automated exposure prevention, providing professionals with context, speed, accuracy, and portability security to the top government agencies, enterprises and commercials that trust it globally. In addition, it secures production assets from adversaries with decoys, countering ongoing attacks and gathering intelligence to prepare for future attacks.
Read More
EMERGING TECHNOLOGY
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.
Read More
EMERGING TECHNOLOGY,CYBERSECURITY
Avenu Insights & Analytics | January 20, 2023
In a recent announcement, Avenu Insights & Analytics, a firm specializing in administration and revenue enhancement solutions for governments, has acquired Interware Development Company Inc, a cloud-based payment solutions provider for local governments.
Interware's industry-leading payment processing solutions offer Avenu's existing customers a new, centralized payment platform. Avenu and Interware will jointly deliver software and services that boost government capabilities and enhance the overall citizen experience. The state and local governments will be able to collect permitting and licensing, utilities and tax revenue more efficiently through this integrated platform.
Interware's dynamic payment solutions, combined with Avenu's advanced sales & marketing framework helps bring together existing third-party payment processing providers. This results in an optimized and uniform level of service which transforms the government's ability to tackle the rapid rise in workflow processes that restricts staff productivity and resources, ultimately affecting efficiency. With shared resources and an integrated strategy, the combined company will be able to offer its customers more services and greater technical expertise.
Paul Colangelo, CEO of Avenu, said, "Governments are seeing an increasing need for an integrated payment solution software offering to streamline their administrative and budget activities and automate workflow processes." He adds, "The combination of Avenu and Interware will provide governments with a centralized solution to maximize their efficiency while shaping a more robust citizen experience."
(Source – Business Wire)
About Avenu Insights & Analytics
Founded in 1978 and headquartered in Centreville (Virginia), Avenu Insights & Analytics offers a broad range of solutions and services to more than 3,000 local and state government clients across the country. The company's services include Clearview Pension Administration Solution (CPAS) - the first ISO 9001 registered pension software, IT project management, compliance auditing, tax administration, and much more. Avenu delivers software solutions that digitally transform government customers by providing online access to records, modernizing processes, and lowering costs.
Read More