Ayar Labs has raised $155 million in a round of Series D financing led by Advent Global Opportunities and Light Street Capital. The San Jose, California-based company said Wednesday it will use the capital to support high-volume production of its in-package optical interconnects to help address the need for scalable artificial intelligence infrastru...
Riverside Research has won a potential five-year, $160 million contract from the Defense Innovation Unit for technical, engineering and advisory support services to help DIU and its mission partners prototype, transition and scale commercial technologies across the Department of Defense. Steven Omick, president and CEO of Riverside Research, said th...
Mark Donar, former vice president of growth and strategy solutions at Aeyon, has joined CGI Federal as VP of business consulting, the executive announced in a LinkedIn post Wednesday. The move follows CGI Federal’s acquisition of Aeyon in September in an effort to expand its digital transformation offerings and support services for U.S. federa...
The Department of Health and Human Services is hugely optimistic about artificial intelligence’s application in the daily processes of providers and clinicians, including in potential uses like patient monitoring, health journey predictions, note-taking and even guiding surgical procedures. Steven Posnack, principal deputy assistant secretary...
By Maryam Emdadi, Vice President of Sales at Carahsoft Technology disruption and rising cloud costs are forcing public sector agencies to rethink their digital transformation roadmaps. Artificial intelligence and 5G promise revolutionary capabilities, but they also demand unprecedented computing power — and many agencies are discovering their...
The Department of Energy has awarded five companies positions on a potential 10-year, $3.4 billion contract to procure low-enriched uranium, or LEU, from domestic commercial sources. According to award notices published Tuesday on SAM.gov, the selected vendors are American Centrifuge Operating, General Matter, Global Laser Enrichment, LIS Technologi...
The State Department has approved the government of Kuwait’s request to purchase maintenance, repair and sustainment services and military equipment for an estimated cost of $300 million. The Defense Security Cooperation Agency said Tuesday BAE Systems, U.S. Ordnance, DRS Technologies, L3Harris Technologies, Northrop Grumman and RTX will ser...
Executive Mosaic has selected Mark Andress, global vice president of defense and intelligence at Oracle, as chair of the Intelligence Leadership Group for the 4×24 Executive Leadership Program. The 4×24 Executive Leadership Series is the government contracting industry’s most elite networking program. Through a series of d...
Government contracting firm CATHEXIS has acquired technology company Paradyme for an undisclosed sum to expand its presence in the mid-tier federal market. Taking Tech-Agnostic Approach to Meet Federal Market Needs Founded in 2003, Paradyme provides advanced technology platforms in artificial intelligence and machine learning, DevSecOps, human-cente...
By Kim Koster, Vice President of Industry Marketing at Unanet Effective budgeting is vital for any business. It’s needed to help you plan for the future and measure your success. For government contractors, determining the right budget for your organization helps you set realistic goals and puts you in a position to succeed. Recognizing...
