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Britive Named Winner of Global InfoSec Awards for Innovation in Cloud Privileged Access Management

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Award spotlights Britive’s leadership in identity security for the cloud era, Zero Trust, and AI-ready access management.

GLENDALE, Calif., April 28, 2025 /PRNewswire/ — Britive, the leader in cloud-native Privileged Access Management (PAM) and Zero Standing Privileges (ZSP), announced today that it has been named a winner in the Market Innovator for PAM category of the prestigious Global InfoSec Awards presented by Cyber Defense Magazine during the RSA Conference 2025.

Britive was recognized for its innovative approach to securing cloud access in dynamic, multi-cloud environments, especially for organizations facing identity sprawl across humans, non-human identities (NHIs) such as AI agents, AI workflows, API Keys, and cloud workloads.

“We’re honored to be recognized with this award at RSA,” said Art Poghosyan, CEO and Co-founder of Britive. “It’s a strong validation of the market shift we’re seeing organizations are realizing that traditional PAM wasn’t built for the cloud, and certainly not for AI and the speed of today’s innovations. We’re proud to lead the industry toward a model where dynamic Zero Trust access powered by Zero Standing Privileges at scale isn’t just a policy, it’s the default best practice.”

The Global InfoSec Awards honor companies and solutions with a proven track record of cybersecurity innovation, leadership, and effectiveness. Winners are selected by a panel of certified security professionals who vote based on independent review, without any sponsor influence.

“Britive embodies three major features we judges look for to become winners: understanding tomorrow’s threats today, providing a cost-effective solution and innovating in unexpected ways that can help mitigate cyber risk and get one step ahead of the next breach,” said Gary S. Miliefsky, Publisher of Cyber Defense Magazine.

Britive’s platform stands apart with its agent-less, proxy-less cloud-native architecture. It enables true just-in-time (JIT) access and enforces true Zero Standing Privileges across all identities in the cloud. The result: faster access, reduced risk, and better alignment with Zero Trust security models.

Why Britive Won:

Unified access control across public cloud, SaaS, and hybrid environmentsReal-time, ephemeral access provisioning — no standing privilegesScalable security for both human users and non-human identities such as AI Agents, Machines, and AutomationsSeamless integration with identity platforms like Okta, Azure AD, and cloud providers including AWS, GCP, and Azure.

For more information about Britive and its award-winning platform, visit www.britive.com.

About Britive

Britive is a cloud-native Privileged Access Management platform designed for Zero Standing Privileges (ZSP) at scale through its patented Just-in-Time (JIT) access and API-first design. It removes barriers between security and innovation by enabling teams to move fast, responsibly and stay compliant. Britive automates identity governance for dynamic multi-cloud and highly automated environments. Purpose-built for agile and highly regulated industries, Britive secures all identities through a single, unified platform. Fortune 500 enterprises across financial services, healthcare, automotive, AI, gaming, and media trust Britive to modernize access controls and form the foundation of their Zero Trust security strategy. Learn more at [www.britive.com]

About Cyber Defense Magazine

Cyber Defense Magazine is the premier source of cyber security news and information for InfoSec professions in business and government. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products, and services in the information technology industry.  We deliver 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. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives.  Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power. 

Britive Media Inquiries
Miad Moussawi, Chief Marketing Officer
Email: miad.moussawi@britive.com
Website: www.britive.com 

CDM Media Inquiries
Irene Noser, Marketing Executive
marketing@cyberdefensemagazine.com  
Toll Free (USA): 1-833-844-9468
International:1-646-586-9545
Website: www.cyberdefensemagazine.com 

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SOURCE Britive Inc

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Elbit Systems Announces the Pricing of Underwritten Public Offering of 1,365,450 Shares

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HAIFA, Israel, May 21, 2025 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today the pricing of a public offering of 1,365,450 ordinary shares at a price to the public of $375 per share. All of the ordinary shares in the offering will be sold by the Company. In addition, the Company granted the underwriters of the offering a 30-day option to purchase from the Company 204,817 additional ordinary shares at the public offering price, less underwriting discounts and commissions. The ordinary shares offered in this offering are expected to be listed for trading on the Nasdaq Global Select Market. The offering is expected to close on May 23, 2025, subject to customary closing conditions.

The gross proceeds to Elbit Systems from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $512 million (assuming no exercise of the underwriters’ option). Elbit Systems intends to use the net proceeds from this offering for general corporate purposes.

BofA Securities, J.P. Morgan, Jefferies and Morgan Stanley are acting as the joint book-running managers with respect to the offering of the ordinary shares. Barak Capital Underwriting is acting as a placement agent for the underwriters in Israel.

The offering is being made pursuant to an effective shelf registration statement on Form F-3, filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 21, 2025, which became effective immediately. The offering of ordinary shares is being made only by means of a prospectus supplement and accompanying prospectus. When available, copies of the prospectus supplement and accompanying prospectus relating to the offering may be obtained free of charge at the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus supplement and the accompanying prospectus may be obtained from: BofA Securities, Attention: Prospectus Department, NC1-022-02-25, 201 North Tryon Street, Charlotte, North Carolina 28255, by telephone (toll-free) at 1-800-294-1322, or by email at dg.prospectus_requests@bofa.com; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone: 1-866-803-9204, or email: prospectus-eq_fi@jpmorgan.com; Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at 1-877-821-7388, or by email at prospectus_department@jefferies.com; or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer, solicitation or sale of these securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).

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 approximately 20,000 people in dozens of countries across five continents. The Company reported $1.9 billion in revenues for the three months ended March 31, 2025 and an order backlog of $23.1 billion as of such date.

Company Contact:  

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

Daniella Finn, VP, Investor Relations
Tel: +972-77-2948984
daniella.finn@elbitsystems.com

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

Forward-Looking Statements

This press release may contain forward-looking statements (within the meaning of Section 27A of the Securities Act, 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 regarding the completion of the offering, the satisfaction of customary closing conditions related to the offering and the intended use of the net proceeds from the offering. 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 the Company’s 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 SEC, and in the registration statement and prospectus supplement and accompanying prospectus referred to above. 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, except as required by applicable law.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this press 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/2017806/5332901/Elbit_Systems_Logo.jpg

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SOURCE Elbit Systems Ltd

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Prime Focus Technologies expands Southeast Asia presence with strategic partnerships in Indonesia and the Philippines

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LOS ANGELES, May 22, 2025 /PRNewswire/ — Prime Focus Technologies (PFT), the creator of CLEAR®, has entered strategic partnerships with Interindo Multimedia in Indonesia and Challenge Systems in the Philippines. These collaborations mark a significant step in PFT’s regional growth strategy, bringing its cutting-edge AI Agents and AI Applications closer to content companies across Southeast Asia, one of the world’s fastest-growing media and entertainment markets.

“SEA represents a fast-evolving landscape for content creation and distribution,” said Patricio Cummins, SVP & Global Head of Technology Sales at Prime Focus Technologies. “Southeast Asia is a rich tapestry of cultures and languages, where human connection drives business. From our collaboration with Tiara Vision in Malaysia to Interindo Multimedia and Challenge Systems in Indonesia and Philippines respectively, we’re proud to partner with some of the region’s most respected systems integrators. These alliances help us bring best-in-class AI solutions to content companies in SEA, delivering measurable impact across postproduction and content supply chains.”

PFT will showcase CLEAR® AI Agents and AI Applications delivering real results at Broadcast Asia 2025, Meeting Room #5J3-8, with live demonstrations.

About Interindo Multimedia

Interindo Multimedia is Indonesia’s premier broadcast technology partner, serving TV networks, cable operators, and DTH platforms. With decades of expertise and a focus on cutting-edge design, Interindo helps media businesses modernize their infrastructure and embrace future-ready technology.

Website: www.interindo.com

About Challenge Systems

Challenge Systems is a leading media technology partner in the Philippines. With deep roots in digital content creation and system integration, it delivers scalable, end-to-end solutions to broadcasters and enterprises nationwide.

Website: www.challenge.com.ph

About Prime Focus Technologies

Prime Focus Technologies (PFT) is the creator of CLEAR®. It offers streaming platforms, studios, and broadcasters AI technology and cloud media services—enabling creativity, agility, and most importantly, revenue growth. PFT partners with major players such as Channel 4, ITV, Sinclair Broadcast Group, A&E Networks, Warner Bros. Discovery, Paramount, Crunchyroll, Insight TV, JioStar, BCCI, Tegna, Amazon MGM Studios, and more.

For more information, visit: www.primefocustechnologies.com

Press Contact

T Shobhana
Senior Vice President & Global Head of Marketing
Prime Focus Technologies
Los Angeles, CA
t.shobhana@primefocus.com

 

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SOURCE Prime Focus Technologies

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Huntsman Corporation Announces New Purification and Packaging Capability through its E-GRADE® Unit in Conroe, Texas

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THE WOODLANDS, Texas, May 22, 2025 /PRNewswire/ — Huntsman Corporation (NYSE: HUN), a global manufacturer and marketer of differentiated and specialty chemicals, is pleased to announce that its Performance Products division has expanded its manufacturing site in Conroe, Texas to better serve the growing needs of its global customers in the semiconductor industry.

Peter Huntsman, Chairman, President, and CEO of Huntsman Corporation, stated, “With the rapid growth of AI and the need for high-quality advanced node chips, our investment in Conroe marks our commitment to developing new semiconductor-grade products and enhancing supply chain security to support the demands of our customers worldwide.”

The new E-GRADE® unit will bolster Huntsman’s portfolio by providing high-purity, low-trace metal amines, including quaternary amines and amine oxides, essential for semiconductor chip manufacturing. Huntsman’s commitment to safety, quality, reliability, and manufacturing excellence will help ensure a consistent production process – from blending, purification through packaging.

“With this unique offering, we are well positioned to become a world-leading supplier of semiconductor-grade amines,” said Jan Buberl, President of Performance Products. “We now have the global manufacturing capability, R&D expertise, and broad portfolio to offer our customers with solutions that meet the industry’s highest quality standards.”

Conroe City Mayor, Duke Coon, commented, “Huntsman’s new E-GRADE® unit provides a significant boost for our local economy, helping to create numerous job opportunities and further solidifying Conroe’s position as a hub for advanced manufacturing and technology.”

About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2024 revenues of approximately $6 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 60 manufacturing, R&D and operations facilities in approximately 25 countries and employ approximately 6,300 associates within our continuing operations. For more information about Huntsman, visit the company’s website at www.huntsman.com.                            

To learn more about E-GRADE® products, visit www.huntsman.com/EGRADE

Social Media:
LinkedIn: www.linkedin.com/company/huntsman
X: https://x.com/Huntsman_Corp
Facebook: www.facebook.com/huntsmancorp
Instagram: https://www.instagram.com/huntsman_corp/ 

 

 

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SOURCE Huntsman Corporation

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