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Elbit Systems Awarded Approximately $200 Million Contract by the Israeli MOD to Supply High-Power Laser for the “Iron Beam” Air Defense System

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HAIFA, Israel, Oct. 28, 2024 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it was awarded an approximately $200 million contract by the Israeli Ministry of Defense (IMOD) to supply high-power laser systems for the “Iron Beam” air defense system.

Under the contract, Elbit Systems will supply the IMOD, under the “Iron Beam” project, its high-power laser solution, developed by the Company to provide a robust defense against a variety of threats. Additionally, the contract includes ongoing support services.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “As Israel’s Laser Center and a global leader in high-power laser technology, Elbit Systems congratulates on the significant progress made in the “Iron Beam” project and is proud of its contribution to its success. The capabilities developed at Elbit Systems represent a leap forward in future defense against various threats.”

About Elbit Systems

Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.

Driven by its agile, collaborative culture, and leveraging Israel’s technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.

Elbit Systems employs over 20,000 people in dozens of countries across five continents. The Company reported as of June 30, 2024, approximately $1.6 billion in revenues and an order backlog of approximately $21.1 billion.

For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, Youtube and LinkedIn Channels.

Company Contact:   
Dr. Yaacov (Kobi) Kagan, Executive VP – CFO
Tel:  +972-77-2946663
kobi.kagan@elbitsystems.com

Dr. David Ravia, Investor Relations
Tel: +972-77-2947169
david.ravia@elbitsystems.com

Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com

This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management’s current expectations, estimates, projections and assumptions about future events. Forward–looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company’s future financial results, its anticipated growth strategies and anticipated trends in its business.  Therefore, actual future results, performance and trends may differ materially from these forward–looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States, among others, including the duration and scope of the current war in Israel, and the potential impact on our operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward–looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies.  All other brand, product, service and process names appearing are the trademarks of their respective holders.  Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

Logo: https://mma.prnewswire.com/media/2017806/Elbit_Systems_Logo.jpg

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SOURCE Elbit Systems Ltd.

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Shawn Wright Joins Direct Store Delivery Software Provider xkzero

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Leading Direct Store Delivery (DSD) and route delivery management software innovator xkzero has announced the addition of Shawn Wright as Senior Developer and Consultant.

CHICAGO, Oct. 28, 2024 /PRNewswire-PRWeb/ — Leading Direct Store Delivery (DSD) and route delivery management software innovator xkzero has announced the addition of Shawn Wright as Senior Developer and Consultant. Wright brings over 25 years of software development experience in accounting/ERP software, DSD, and 3rd party integrations. He was instrumental in working with the CEO and upper management of a startup and building it into a competitive route management company in the DSD realm. His experience includes working directly with small and medium-sized businesses to assess their development needs and coordinate efforts from inception to final delivery. A primary responsibility included developing 3rd party integrations to various EDI, DEX, credit card processors, eCommerce, and over a dozen ERP and CRM systems.

We’re entering a next level of growth for xkzero and XMC, and hiring Shawn is a key driver toward that endeavor

xkzero co-founder, Emre Karaca, said “We’re excited to add Shawn to our dynamic XMC (xkzero Mobile Commerce) team. Shawn understands the complexities that businesses face in managing route deliveries and ensuring everything from WMS to final delivery and invoicing runs smoothly.”

In his new role as Senior Developer and Consultant, Wright will be responsible for contributing to XMC’s continued evolution as a leading software for companies with Delivery Distribution as a mission critical business process.

XMC unifies delivery-distribution, connecting the ERP with mobile delivery & sales activities: boosting sales, profits, customer and team satisfaction. It’s designed to work out-of-the-box with leading ERP software systems Acumatica, Sage X3 and Sage 100.

Karaca added “We’re entering a next level of growth for xkzero and XMC, and hiring Shawn is a key driver toward that endeavor.”

Media Contact

Lauren Boyle, xkzero, 1 847-416-2009, lboyle@xkzero.com, www.xmcerp.com

View original content to download multimedia:https://www.prweb.com/releases/shawn-wright-joins-direct-store-delivery-software-provider-xkzero-302286871.html

SOURCE xkzero

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Zoidii Launches Revolutionary AI-Powered Checklist Generator, Setting a New Standard for Speed and Efficiency in CMMS Implementation

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Zoidii has launched an AI-powered Checklist Generator, revolutionizing CMMS implementation by reducing setup time by up to 30%, offering a clear path to faster, more effective CMMS implementations through the power of AI. This tool empowers maintenance teams to boost efficiency and productivity, making CMMS onboarding faster and easier than ever.

DUBLIN, Ireland, Oct. 28, 2024 /PRNewswire-PRWeb/ — Zoidii, a leader in Computerized Maintenance Management System (CMMS) solutions, proudly announces the launch of its cutting-edge AI Checklist Generator. This innovative tool promises to streamline the CMMS implementation process, dramatically reducing setup time and making it easier than ever for organizations to harness the full potential of their maintenance management systems.

Our AI Checklist Generator is a product of advanced technology and a solution to real-world CMMS implementation challenges. We’re excited to provide a tool that truly supports organizations in maximizing the value of their CMMS, helping them operate with greater efficiency, safety, and precision

With the launch of the AI Checklist Generator, Zoidii has made a significant leap forward in its mission to simplify and accelerate the traditionally complex process of implementing CMMS. By harnessing the power of artificial intelligence, Zoidii’s new tool automatically generates customized, task-oriented checklists tailored to each organization’s unique maintenance needs. The AI Checklist Generator provides a foundation for CMMS success by enabling faster onboarding and higher adoption rates, ultimately empowering maintenance teams to enhance productivity and reduce downtime.

A Breakthrough for Maintenance Teams

Implementing a CMMS requires meticulous setup and a deep understanding of asset-specific maintenance requirements. Zoidii’s AI Checklist Generator changes this by:

Reducing Setup Time: The AI-driven tool analyzes data inputs to instantly produce customized checklists, eliminating the need for time-consuming manual setup and reducing CMMS implementation timelines by up to 30%.Ensuring Accuracy and Compliance: With AI-based precision, the generated checklists are more comprehensive and tailored, helping organizations ensure regulatory compliance and minimize operational risk.Improving Operational Efficiency: The tool supports faster CMMS adoption, allowing teams to focus more on mission-critical tasks and less on administrative setup, ultimately driving productivity and uptime.

Empowering the Industry with Technology

“At Zoidii, we are committed to bringing the most effective and intuitive tools to maintenance teams across industries,” said Jeff O’Brien, Director of Operations of Zoidii. “Our AI Checklist Generator is a product of advanced technology and a solution to real-world CMMS implementation challenges. We’re excited to provide a tool that truly supports organizations in maximizing the value of their CMMS, helping them operate with greater efficiency, safety, and precision.”

Availability

The Zoidii AI Checklist Generator is available for all existing Zoidii CMMS users and can be implemented seamlessly for new users. To celebrate the launch, Zoidii is offering exclusive access for a limited time to qualified users seeking to accelerate their CMMS implementation process with this innovative tool.

For more information about the Zoidii AI Checklist Generator, please visit Zoidii.com or contact Tony Morsillo, Director of Sales.

About Zoidii

Zoidii is a leading provider of CMMS solutions designed to empower organizations with advanced, intuitive tools for maintenance management. With a commitment to innovation and user-centered design, Zoidii delivers technology that enhances operational efficiency, compliance, and performance across industries.

Media Contact

Jeff O’Brien, Zoidii, 353 12118944 2, Jeff@zoidii.com, https://zoidii.com/

View original content:https://www.prweb.com/releases/zoidii-launches-revolutionary-ai-powered-checklist-generator-setting-a-new-standard-for-speed-and-efficiency-in-cmms-implementation-302287867.html

SOURCE Zoidii

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Hughes Electronically Steerable Antenna (ESA) Successfully Completes Flight Test Using LEO

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Hughes leading-edge technology is ready to transform IFEC for business jet market

GERMANTOWN, Md., Oct. 28, 2024 /PRNewswire/ — Hughes Network Systems, LLC, an EchoStar company (Nasdaq: SATS), announced the Gogo Galileo HDX Electronically Steerable Antenna (ESA) built by Hughes has completed its test flight on a Bombardier Challenger 300. A commercial aviation variant will be available from Hughes in the first half of 2025, using the same flight-proven technology.

“Business jet owners can unlock the full potential of LEO connectivity with the Hughes ESA to deliver a seamless, gate-to-gate connectivity experience,” said Reza Rasoulian, SVP of the aviation business unit at Hughes. “We’re thrilled to see Gogo Business Aviation validate our industry-leading technology and look forward to providing the business aviation sector with the solutions they need to offer an exceptional, reliable, and frustration-free in-flight entertainment and connectivity experience.”

Designed with a low profile and small size to seamlessly integrate with aircraft of any size, the ESA is engineered for easy maintenance and installation. The terminals are manufactured at a new state-of-the-art Hughes facility in Germantown, Maryland. Leveraging the advanced Hughes In-Flight connectivity management system and the Hughes commercial aviation ESA, airlines worldwide can provide to their passengers an “always connected feeling.”

Hughes has over 20 years of experience in the aviation connectivity business. The company offers a suite of in-flight solutions for the aviation market, focused on providing the best passenger connectivity experience through an innovative approach to aero connectivity. This flight test validates Hughes cutting edge technology and builds on the extensive end-to-end connectivity capabilities of Hughes for the aviation sector.

For more information, visit the website.

About Hughes
Hughes Network Systems, LLC, an EchoStar company (Nasdaq: SATS), provides broadband equipment and services; managed services featuring smart, software-defined networking; and end-to-end network operation for millions of consumers, businesses, governments, airlines, and communities worldwide. The Hughes flagship internet service, Hughesnet®, connects millions of people across the Americas, and the Hughes JUPITER™ System powers internet access for tens of millions more worldwide. Hughes supplies more than half the global satellite terminal market to leading satellite operators, mobile network operators and military customers. Hughes products and services have helped bring in-flight video and broadband to thousands of aircraft for over twenty years. A managed network services provider, Hughes supports approximately half a million enterprise sites with its portfolio of wired and wireless solutions including 5G Open RAN and Low Earth Orbit (LEO) satellites. To learn more, visit www.hughes.com/ or follow HughesConnects on X (Twitter) and LinkedIn.

©2024 Hughes Network Systems, LLC, an EchoStar company. Hughes and Hughesnet are registered trademarks and JUPITER is a trademark of Hughes Network Systems, LLC.

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SOURCE Hughes Network Systems, LLC

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