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Astra (Nasdaq: ASTR) Founders Chris Kemp and Adam London have presented a proposal to the board of directors to take the space company private, offering to buy all the outstanding stock at $1.50 per share, CNBC reported Thursday. According to a securities filing, the offer by Kemp, chairman and CEO of Astra, and London, the...
The cyber landscape is constantly evolving and changing as new threats, technologies and advancements emerge. Executive Mosaic sat down with Accenture Federal Services Managing Director Bill Marion, chair of Executive Mosaic’s 4×24 Leadership Group 3, to learn how artificial intelligence, machine learning, cloud and zero trust are c...
The Potomac Officers Club is looking ahead to one of its most anticipated events of the year: the annual Artificial Intelligence Summit. 2024’s edition will be held on March 21 and you can register here now. The AI Summit is POC’s yearly gathering of the foremost experts in AI, machine learning and automated technologies from both...
Joel Abrahams, former executive director at Axient, was promoted to the role of vice president of the Air Force business unit in the defense systems segment at the defense and civilian mission support company. Axient said Wednesday Abrahams will be responsible for managing contracts across the company’s Air Force portfolio and overseeing a tea...
In July, the U.S. Department of Homeland Security announced six key priorities for fiscal year 2023: cybersecurity, soft targets and crowded places, intelligence and information sharing, domestic violent extremism, community preparedness and resilience and election security. Since then, the department has been continuously exploring new wa...
Cloud technology has transformed the public sector over the last decade, but some key barriers to effectively adopting and implementing cloud environments still remain. Executive Mosaic spoke with Euna Solutions CEO Tom Amburgey to learn more about how cloud has already changed the way the government operates and what’s next on the cloud hori...
The U.S. Air Force plans to increase the ceiling amount of a potential eight-year, $2.6 billion contract for global engineering and construction support services by approximately $1.8 billion. Raising the ceiling value of the Worldwide Engineering and Construction indefinite-delivery/indefinite-quantity contract to $4.4 billion will cover the remain...
Bill Cull, a 25-year public sector sales leader, has been named vice president of federal at Austin, Texas-based cybercrime analytics company SpyCloud. In this capacity, he will oversee SpyCloud’s growth strategy, build up the company’s government client base and channel program with system integrators, value-added resellers and distributors and...
IBM (NYSE: IBM) has launched a $500 million venture fund intended for artificial intelligence-focused early-stage and hyper-growth startups. The company said Tuesday IBM Enterprise AI Venture Fund will support the advancement of generative AI technology and research while expanding the company’s AI partnership ecosystem. The investment is...
Stellant Systems, a portfolio company of Arlington Capital Partners, has completed its acquisition of Comtech Telecommunications‘ (Nasdaq: CMTL) power systems technology product line. Comtech’s net cash proceeds from the transaction amount to approximately $32.5 million, which were partly used to pay down outstanding debt on its existing...
