EMERGING TECHNOLOGY,GOVERNMENT BUSINESS
KRAKEN ROBOTICS | September 13, 2022
Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that after successful completion of an Innovative Solutions Canada (ISC) Testing Stream contract with the Royal Canadian Navy earlier this year, Kraken has been among the first Canadian companies qualified to sell its innovation directly to the Government of Canada without further competition. This qualification for Kraken’s OceanVision™ solution is under Canada’s new Pathway to Commercialization framework1 initiated by ISC. While this approval does not have a value in of itself, direct purchases can be up to $8 million per contract and are available to all government departments.
“Over the past year, Kraken has had significant interest in its technologies and services from various Canadian Government departments and agencies. We are excited to be able to offer the OceanVision service via ISC’s new PTC program to be an avenue for these departments and agencies to avail of our needed and innovative solutions. Potential applications of the OceanVision service could include habitat mapping and monitoring of Marine Protected Areas (MPAs), high resolution seabed mapping for augmenting Route Survey applications in Port and Harbour Security, or even shipwreck search and survey for marine archaeological requirements. We see significant potential for this service here in Canada.”
-Karl Kenny, Kraken President and CEO.
About Kraken’s OceanVision Service:
Kraken’s OceanVision service provides off the shelf, turnkey ultra-high resolution Synthetic Aperture Sonar (SAS) seabed imagery and bathymetry at an affordable price, delivering higher resolution, range, and area coverage rates (ACR). The increased range, resolution and associated higher ACR of SAS over traditional Side Scan Sonar and Multibeam Sonar systems significantly expands the capabilities of military, scientific, and commercial applications. Kraken’s OceanVision is capable of 2 cm x 2 cm Ultra High-Definition imaging at long ranges.
Kraken’s OceanVision Service can provide significant benefits to government agencies, offering access to cutting edge technology “as needed”, without concern for equipment obsolescence, life cycle costs, or operator skill fade. As it relates specifically to the Government of Canada, Kraken’s OceanVision offers many advantages:
Kraken’s technology greatly enhances image quality and significantly reduces the time of traditional seabed surveys due to its advanced world-leading technology.
OceanVision assets can be deployed to assist in mapping areas of interest ahead of regular operations, with the image quality required to enable change detection and optimize revisit rates. This has the potential to provide the Government of Canada a competitive edge for detecting bottom objects in complex seabeds.
The OceanVision service application can augment existing survey activities while simultaneously supporting nearshore hydrographic mapping and charting requirements on an annual basis with high-definition resolution, freeing up valuable Government assets for other mission critical functions.
OceanVision provides online and offline data analysis capabilities, enabling users to leverage Kraken’s extensive experience in image processing, target detection, and bottom classification.
ABOUT KRAKEN ROBOTICS INC:
Kraken Robotics Inc. (TSX.V:PNG) (OTCQB: KRKNF) is a marine technology company dedicated to the production and sale of software-centric sensors, subsea batteries, and underwater robotic systems. The company is headquartered in Newfoundland with offices in Canada, U.S., Germany, Denmark, and Brazil. In July 2021, Kraken acquired PanGeo Subsea, a leading services company specializing in high-resolution 3D acoustic imaging solutions for the sub-seabed. PanGeo with offices in Canada, the United States and the United Kingdom is now a wholly owned subsidiary of Kraken. Kraken is ranked as a Top 100 marine technology company by Marine Technology Reporter.
GovPilot | September 08, 2022
GovPilot, a provider of modern cloud-based government management software specifically designed for municipal and county governments has successfully migrated its platform to Azure, Microsoft’s cloud platform.
The migration affords GovPilot and its local government customers with significant benefits including access to the latest Microsoft cloud technology and security which is already trusted by the Department of Defense, the Intelligence community, and 95% of Fortune 500 companies.
GovPilot’s Azure adoption comes at a time when local governments are increasingly the target of coordinated cyber attacks and malicious ransomware code which have disrupted operations and services, jeopardized data, and caused significant financial damage to local governments across the country. According to the FBI, local governments accounted for the second-highest victimized group in 2021, trailing only the academic sector as ransomware gangs’ favorite target.
“Local governments in the U.S. have often operated with a mix of paper-based processes, spreadsheets, single-use software, and older on-site server based systems. Not only is this inefficient but it is expensive to maintain and presents a significant cyber risk for local government administrators and their constituents, As a unified cloud-based government management platform, GovPilot aims to be the operating system for local government. This implementation provides our customers with best-in-class availability, reliability, and cyber resilience. GovPilot’s mission is to empower local governments to better serve their constituents and operate efficiently. Our implementation of Microsoft’s Azure Cloud is a major part of living up to and delivering on that mission.”
-Michael Bonner Founder and CEO,GovPilot.
With the Azure migration, GovPilot and its customers will realize significant benefits including:
Enhanced Security: The GovPilot platform is secured with the latest Microsoft technology.
Data Protection: All data is encrypted, and backed-up in multiple locations.
Scalability & Performance: Azure provides limitless room to grow, all while preserving performance.
Business Continuity: GovPilot enables users to access the platform 24/7 from anywhere. Azure allows for rapid restoration of services in the event of natural disaster or other catastrophe.
“By implementing the Microsoft Azure Cloud - trusted by 95% of Fortune 500 companies and U.S government agencies - GovPilot has made a serious commitment to security. Given the current threat environment, our customers and prospective customers in local government will benefit enormously from the technology provided by Azure.”
-Robin Smith, GovPilot’s Chief Operating Officer.
GovPilot - named a GovTech 100 company for five consecutive years - is the leader in digital transformation for local governments. GovPilot's cloud-based platform was built with the sole purpose of enabling local governments to operate at their full potential by standardizing, digitizing, and unifying more than 100 operational and constituent service processes on one operating system.
EMERGING TECHNOLOGY,GOVERNMENT BUSINESS
iOffice + SpaceIQ | August 17, 2022
iOffice + SpaceIQ, the global workplace technology company, today announced its intent to seek authorization from the U.S. Federal Risk and Authorization Management Program (FedRAMP) for its Integrated Workplace Management System Archibus.
FedRAMP facilitates adoption of secure technologies across U.S. government agencies by standardizing assessment, authorization, and continuous monitoring of cloud-based products and services.
The federal government owns and leases 130,000 properties — approximately 885 million square feet and $21B in annual operational expenditures — representing the largest real estate portfolio in the United States. With nearly 7% of government-owned properties underutilized or unused, iOffice + SpaceIQ's solutions address the critical need for space optimization, cost reduction, and enhanced decision-making capabilities for federal facilities.
"There's been a major push to modernize operations and ramp up digital transformation efforts within the federal government, FedRAMP authorization will accelerate our ability to supply much-needed solutions to highly regulated government agencies and continue serving our existing federal customers."
-Chief Dan DeRosa, Product Officer, iOffice + SpaceIQ.
iOffice + SpaceIQ is already authorized to operate on secure high-side networks for several government agencies. The company has a robust federal distribution, reseller, and service provider network, meeting demand for centralized management of facility operations, maintenance, and occupancy while ensuring data security.
iOffice + SpaceIQ's infrastructure is purpose-built to increase customers' resiliency against existing and future cybersecurity challenges. The business meets the highest standards for service and accessibility, including compliance with SOC 2 and a Voluntary Product Accessibility Template for Archibus.
About iOffice + SpaceIQ:
iOffice + SpaceIQ empowers how tomorrow will work, helping employees and companies adapt and thrive to produce better outcomes for the world. Our smart workplace technology enables over 10,000 organizations in 85 countries to improve business performance through intuitive, people-first space planning and operations. More than 2M end users rely on iOffice + SpaceIQ platforms to optimize more than 2B square feet of space valued at more than $64B, maintain mission-critical assets, and enhance how people interact with the workplace.
EMERGING TECHNOLOGY,GOVERNMENT FINANCE
Kaloom | September 09, 2022
Kaloom™ today announced it secured an additional USD 21 million from the Quebec government and current investor, Alternative Capital Group (ACG), who matched the government of Quebec’s investment. This latest investment will support Kaloom's go-to-market strategy and extend its current heterogeneous hardware strategy by supporting additional platforms like SmartNICs and Servers. The latest cash infusion will also allow Kaloom to ramp up sales, and help its global service provider customers benefit from burgeoning Network transformation and 5G-Edge market opportunities.
ACG's participation in this latest financing round is a strong vote of confidence in Kaloom's ability to execute on its vision. In addition to financial support, ACG brings a wealth of experience and resources that are invaluable to Kaloom’s continued business growth.
"ACG is proud to support Kaloom’s continued business growth as the company realizes the vision it set out to achieve, Kaloom's innovative solutions help network providers overcome the major challenges of Network Transformation and 5G-Edge deployments. With Kaloom's help, network providers can deliver the high-speed, low-latency performance that users demand. We look forward to supporting Kaloom in this next growth phase."
-Nicolas Beauchamp, ACG.
This latest cash infusion strengthens Kaloom’s standing as an emerging leader providing fully programmable and automated cloud-native solutions that simplify management and save costs in complex distributed edge networks. Kaloom works with service providers around the globe and plans to expand in Japan, recently registering its business in the country.
"With this investment, we can harness our momentum and continue to serve our global customers while expanding into new markets, Our mission is to empower service providers and operators worldwide with automated and fully programmable distributed edge network solutions that transform underlying network infrastructure and reduce total cost of ownership. This investment is critical to achieving that mission globally and enabling 5G-Edge and private 5G monetization in our industry."
-Laurent Marchand, Kaloom Founder and CEO.
Kaloom is delivering a fully programmable and automated cloud-native edge center networking software solution that will disrupt how distributed cloud edge and data center networks are built, managed and operated by Telecom, Fixed and Mobile Operators, Data Center and Cloud Service Providers. Kaloom comprises technology veterans with proven track records of delivering large-scale networking, analytics, and AI-based solutions for the world's largest networks. Kaloom is based in the Quartier de l'innovation in Montréal, Quebec.