Connect with us

Technology

QINETIQ US NAMED AWARDEE ON U.S. ARMY’S $4 BILLION PD AEROSTATS MATOC

Published

on

Leading mid-tier prime contractor and persistent surveillance provider to deliver advanced capabilities for defense and security missions

MCLEAN, Va., April 14, 2025 /PRNewswire/ — QinetiQ US is selected as an awardee on the U.S. Army’s $4 billion Multiple Award Task Order Contract (MATOC) under the U.S. Army Product Director (PD) Aerostats program. This 10-year Indefinite Delivery, Indefinite Quantity contract supports system integration, hardware procurement, engineering, logistics, operations, and program management for the PD Aerostats program office.

The PD Aerostats MATOC encompasses support for Persistent Surveillance System – Tethered (PSS-T) platforms, future Elevated Sensing requirements, and the Persistent Surveillance Dissemination System of Systems (PSDS2) program. As the only Prime contractor operating multi-site strategic and tactical class aerostat sites, supporting U.S. border security and defense missions, QinetiQ US is well-positioned to deliver and sustain these critical capabilities for systems both within the United States and at overseas locations, leveraging the company’s experience and expertise to deliver persistent surveillance solutions to the U.S. and its international allies.

QinetiQ US brings comprehensive capabilities in prime contract management, sensors integration and interoperability, including aerostat platforms, hyperspectral imaging systems, and multi-modal detection technologies that provide enhanced situational awareness. The company established itself as a trusted partner in advancing sensor technology for the U.S. Army, developing intelligent processing algorithms and imaging technologies that support key modernization initiatives. Through this integrated approach, QinetiQ delivers cohesive systems that transform sensor data into actionable intelligence across domains.

“Our integrated sensor and aerostat solutions deliver effective and affordable multi-domain awareness solutions to meet the evolving threat in today’s defense and security environment,” said Jonathan Riksen, executive vice president and general manager of QinetiQ US’s National & Global Security Solutions. “By combining advanced sensor technologies with our persistent surveillance platforms, we provide decision makers with actionable intelligence that creates a decisive information advantage in evolving threat environments.”

QinetiQ US’s persistent surveillance solutions operate aerostats and payloads at altitudes up to 15,000 feet with 30-day continuous deployment capabilities, delivering best-in-class efficiency and the lowest cost per flight hour to meet and exceed mission requirements. The company’s turnkey approach integrates the Secure Persistent & Aware Data Ecosystem (SPADE) with comprehensive mission planning, sustainment, and lifecycle management services to optimize operational effectiveness throughout the entire mission lifecycle.

About QinetiQ US

QinetiQ US is a leading defense and national security company providing mission-led, customer-focused engineering and innovative solutions for next-generation ISR, advanced cyber technology, mission operations and multi-domain autonomous systems to deliver a decisive and actionable information advantage.

As a provider of secure, technologically advanced services and products to the U.S. Department of Defense, Homeland Security, Intelligence Community and other national security agencies, QinetiQ US partners closely with customers to deploy new capabilities protecting lives and the nation’s vital interests.

QinetiQ US operates under a Special Security Agreement (SSA) with the U.S. Government. As the U.S. subsidiary of QinetiQ Group plc, we maintain independent governance and oversight to protect classified information and ensure full compliance with U.S. national security requirements. For more information, visit www.us.QinetiQ.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/qinetiq-us-named-awardee-on-us-armys-4-billion-pd-aerostats-matoc-302427045.html

SOURCE QinetiQ US

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

NetRise Strengthens Leadership Team to Expand Market Reach and Impact

Published

on

By

Signaling NetRise’s commitment to channel investment and growth, three new appointments to lead go-to-market strategies and scaling efforts

AUSTIN, Texas, April 22, 2025 /PRNewswire/ — NetRise, the leader in software supply chain security — helping companies inventory software assets and identify and respond to software risk — today announced three key executive hires to its leadership team: Rick Beattie as Chief Revenue Officer, Gary Schwartz as Vice President of Marketing, and Robbie Robbins as Vice President of Business Development and Partners. These new appointments will drive go-to-market (GTM) strategies, global sales, channel growth, and customer success as the company positions itself for accelerated growth.

“Our new additions to the leadership team bring a strong combination in developing and executing strategic direction and operational frameworks that will accelerate our expansion strategies,” said Tom Pace, CEO of NetRise. “Software supply chain attacks are on the rise, and it’s our mission to help organizations close the security gap in detecting and responding to these risks. Beattie, Schwartz, and Robbins bring a proven track record and deep experience in delivering customer growth and market share. I look forward to working together as we extend our reach and continue to deliver best-in-class solutions that enable our customers to secure their software supply chain.”

As Chief Revenue Officer, Beattie brings a demonstrated ability to drive organizations through their next growth phase and ultimately to an exit. Prior to joining NetRise, he served as Executive Vice President of Cloud Security, Global Sales at Tenable, where he grew the company’s global cloud revenue by 260%, following Tenable’s acquisition of Ermetic, where he likewise drove triple-digit growth. Beattie is a recognized global sales executive who, over the past three decades, has helped spearhead company growth that led to further funding investments, to strategic acquisitions, and even to IPO. He has been in sales executive leadership positions at Q1 Labs (IBM), Carbon Black, Bugcrowd, Corelight and Ermetic (Tenable).

Schwartz is a full-stack marketing leader who has taken several companies to successful exits over the past decade. He brings a 20-year track record of proven success leading sales and marketing teams, creating and executing GTM strategies, and delivering ROI and increased ARR for organizations that include Veracode, Transfr, Forter, Vidyo, RightAnswers, and Confirmit. Prior to joining NetRise as Vice President of Marketing, Schwartz founded What Great Looks Like, a fractional CMO consultancy that advises on go to market strategies for B2B SaaS vendors focusing on cybersecurity by removing the silos and building strongly aligned GTM teams to hit company sales targets.

Robbins joins NetRise as Vice President of Business Development and Partners and will help to accelerate NetRise’s channel growth by forging strategic alliances that enhance market reach. He brings 20 years of experience driving strategic growth through key partnerships and business development initiatives. He has a proven track record of building successful alliances and securing foundational accounts at companies such as ReFirm Labs, ThreatConnect, Raytheon, and PGP Corporation. Robbins brings to NetRise a unique perspective on the information security marketplace, cultivated through a history of leading teams and establishing impactful relationships.

NetRise has experienced tremendous growth in the past year, with new and innovative products, strategic partnerships, and industry recognition. Recently, NetRise announced $10 million in growth funding led by DNX Ventures with participation by existing investors Miramar Digital Ventures, Sorenson Capital, Squadra Ventures, and Talons Ventures, bringing total funding to $24.8 million As the company embarks on its next chapter, NetRise will continue to grow its innovation capabilities and collaborate across the organization to steer the company’s next phase of growth.

About NetRise
Based in Austin, Texas, NetRise protects organizations from cybersecurity risk with a revolutionary approach to software supply chain security. By analyzing compiled code rather than source code, its category-redefining platform creates a software asset inventory that identifies risk within the software actually installed on the systems critical to enterprise infrastructure. With NetRise, software producers and device manufacturers alike build a more accurate view of the software composition of their products. Likewise, cybersecurity professionals within the enterprise and federal government can quickly identify vulnerabilities and other software supply chain risks in the assets that run their organization. NetRise provides both groups with the means to respond quickly to threats identified by the NetRise platform. When unforeseen software vulnerabilities are exploited by bad actors, NetRise enables rapid identification, prioritization, mitigation, and policy updates, reducing material risk to the business.

Media Contact for NetRise:
Danielle Ostrovsky
Hi-Touch PR
410-302-9459
ostrovsky@hi-touchpr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/netrise-strengthens-leadership-team-to-expand-market-reach-and-impact-302430817.html

SOURCE NetRise

Continue Reading

Technology

MEXC Exchange Report Shows Airdrops Resulting in Up to 35% New User Registrations

Published

on

By

VICTORIA, Seychelles, April 22, 2025 /CNW/ — A report released by MEXC, a leading global crypto exchange, indicates that airdrop campaigns account for approximately one-third of new user registrations during peak months. The numbers showcase the effectiveness of airdrops as a marketing instrument that crypto projects can leverage to attract new audiences and bootstrap engagement. The report also highlights the importance of ongoing structural shifts taking place in the industry across regions, as well as user motivation swings.

Key Takeaways:

Peak user acquisition rates driven by airdrops reach up to 35% in certain months.User behavior is influencing airdrop campaign participation through deeper mobile penetration and the involvement of gamification mechanisms.76% of users who sign up via airdrop campaigns remain on the platform, with 18% becoming active traders and 58% trading occasionally.The CIS region leads in terms of involvement at 67%, followed by Southeast Asia at 51%, and South Asia at 32%.Airdrops are evolving into a means of financial inclusion, in addition to acting as an effective marketing instrument.

MEXC analyzed user behavior during airdrop campaigns and identified a significant shift in the audience. While regions with low levels of access to banking services previously served as the main source of airdrop participants, the latest report indicates that new channels of user onboarding are ousting the trend. Gamification and Tap-to-Earn games in mobile-based Telegram channels are taking center stage as key registration sources for users with no previous experience in crypto. For instance, games like Hamster Kombat attracted over 70 million users, other notable examples of similar grade being Notcoin and Yescoin.

According to the data compiled as a result of the research, users who received their first airdrop tokens demonstrated varying degrees of continued involvement in the crypto industry. As many as 18% maintained active trading patterns and delved deeper into crypto services, 58% traded occasionally, while 24% were one-off users, withdrawing their funds without further engagement in trading. The users who evolve into active traders showcase an average daily trading volume above $58,000, with select ones achieving $31 million.

Regional segmentation of the users attracted via airdrops shows that the CIS is in a leading position, with 67% of the total, followed by Southeast Asia at 51%, and South Asia with 32%. The results of the analysis correlate with low levels of access to banking services in the given regions. They also align with data provided by Chainalysis, which positioned India, Vietnam, and the Philippines as the countries in Asia with the highest rates of crypto adoption, driven by low levels of banking services access and rapid spread of internet coverage in rural areas.

The limited financial inclusion of the countries in the indicated regions into the international banking system paves the way for cryptocurrencies to act as alternative means of payment both abroad and within domestic economies. Users participating in airdrops either withdraw them to fiat or use them for their needs. Pakistan and the Philippines are leading in this regard.

The report released by MEXC highlights the prominent role airdrops are occupying in the evolving crypto landscape, transforming from a marketing action into a separate instrument for user engagement. The ability to attract 35% new user registrations via airdrops in select regions like the CIS and Asia is a powerful factor acting in favor of using the given approach to expanding the crypto industry and advancing its maturity.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

For more information, visit: MEXC Official Website | X Telegram | How to Sign Up on MEXC

View original content to download multimedia:https://www.prnewswire.com/news-releases/mexc-exchange-report-shows-airdrops-resulting-in-up-to-35-new-user-registrations-302434325.html

SOURCE MEXC

Continue Reading

Technology

Finaya Revolutionizes Homeownership with Agentic AI

Published

on

By

Groundbreaking Platform Streamlines Real Estate, Mortgage, and other Home Related Services

PALO ALTO, Calif., April 22, 2025 /PRNewswire/ — Finaya is proud to announce the launch of its Agentic AI platform for homeownership, built from the ground up with AI at its foundation. Unlike other AI experiences in real estate, mortgage, and related sectors, Finaya’s platform raises the bar in fundamental ways:

Finaya has been architected to span real estate, mortgage, title, insurance, repairs, remodeling and more from the outset. This means Finaya has secure, compliant data sharing and integrations to enable seamless experiences across this spectrum. This is in stark contrast to other approaches attempting to stitch together legacy tech stack silos after they have already been deployed.Finaya has been designed with Agentic AI at the heart of the customer experience. This means that customers, and soon agents, can take any path on their holistic customer journey to accomplish their tasks, rather than follow set workflows in set silos. Finaya AI can also enable executing tasks, such as scheduling a home tour, completing a loan application, and negotiating with home repair service providers.Finaya’s Agentic AI is built on a powerful platform that can leverage multiple Large Language Models for different needs, and dynamically assimilate new data sources for greater intelligence. It can also create new AI experiences for consumers, real estate agents, loan officers, and contractors on the fly. This ensures that Finaya’s AI capabilities are continually advancing.Finaya’s Agentic AI platform is open to all. Real estate agents, loan officers, and other service providers can sign up for free, connect directly with customers coming through the platform, as well as add the Finaya marketplace on their websites to offer complementary services with ease. Larger enterprises can also license Finaya’s Agentic AI platform and customize it for their specific needs.

“Finaya’s platform was created with customer-centricity and customer empathy at its core”, said Naren Nath, CEO & Co-founder of Finaya. “By unleashing the power of Agentic AI natively, we are enabling transformative experiences and efficiencies for consumers, agents and service providers.”

Today, consumers assume the burden of a range of tasks. They evaluate and select a real estate agent from a long list of choices. They must navigate the lending process with its dizzying array of choices and terms. Consumers may go through much of the purchase process before knowing what size of mortgage they qualify for. Then they have to go back to the agent, find a home, make an offer, and negotiate. That is followed by the mortgage underwriting and closing process, often entailing surprise documentation needs, unexpected delays, maybe even denials.

After their home is purchased, the home owner must find service providers for insurance, repairs, and remodeling. These tasks require the home owner to provide similar information to multiple providers again and again. Taking out a home equity loan, refinancing, and selling the home also require starting over with fresh documentation.

With Finaya, these steps are combined into a single, seamless, easy to use personalized experience. For example, not only can Finaya’s platform provide responses to simple AI queries like “find me a 3 bedroom, 2 bath, 2,000 square foot house in Seattle under $1M“, but also more complex queries such as “find me a 3 bedroom, 2 bath, 2,000 square foot home in Seattle that will appreciate well and I can afford with my salary of $15K per month in a 90th percentile school district”. Customers can then select the home they would like to see and say “schedule a tour for this home”, or “I want to tour this home now”. Once they like a home, they can say “find me the best loan I can get for this house”, or “get me prequalified” or “start my loan application”.

About Finaya:
Finaya is dedicated to delivering simplified, transparent, and personalized homeownership solutions for individuals and families. Our suite of AI-powered tools help users navigate their real estate, mortgage and other home related journeys with ease. Finaya also leverages Agentic AI to simplify and reduce friction for real estate agents, loan officers and service providers. Finaya brings them qualified customers when they are ready to transact, completes pre-screenings for them, automatically sends personalized messages to customers, and provides previously collected data to avoid redundant data and document requests.

For more information, visit https://www.finaya.com/.

Facebook: Finaya
Instagram: Finaya Home
Linkedin: Finaya Home
TikTok: Finaya Home
X: Finaya Home

Media Contact: contact@finaya.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/finaya-revolutionizes-homeownership-with-agentic-ai-302433658.html

SOURCE Finaya

Continue Reading

Trending