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Tag Archives: investment

Siemens Expands LO3 Partnership With New Investment in Blockchain-Based Energy Tech

TYSONS CORNER, VA, Dec. 29, 2017 — Siemens has placed an investment with LO3 Energy under a Series A funding round to expand an existing partnership that seeks to advance blockchain-based technology applications for energy management, ExecutiveBiz reported Thursday. The investment is aimed to drive joint programs to establish self-sufficient microgrids as …

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Boeing Commits to $300M Investment for Employee & Charitable Programs

TYSONS CORNER, VA, Dec. 22, 2017 — Boeing (NYSE: BA) has pledged a new $300 million investment in several initiatives for workforce development and charitable programs related to veterans, military personnel, education and local communities, GovCon Executive reported Thursday. The company said Wednesday the move aims to facilitate innovation and growth …

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Symantec’s Chris Townsend: Cyber Investments Should be Aligned With Critical Data Protection

Chris Townsend, vice president of federal business at Symantec (Nasdaq: SYMC), has said government agencies should ensure that investments in cybersecurity infrastructure are aligned with efforts to protect critical data from cyber threats. Townsend wrote that agencies should establish a platform that works to offer a standardized approach to data …

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Northrop Grumman Provides Support for Naval Academy STEM, Cyber Programs

TYSONS CORNER, VA, Dec. 14, 2017 — Northrop Grumman‘s (NYSE: NOC) philanthropic arm has placed an investment to support cybersecurity, science, technology, engineering and math programs at the U.S. Naval Academy, GovCon Executive reported Wednesday. The company said Tuesday Northrop Grumman Foundation’s gift serves to fund efforts such as the Cybersecurity Capstone Project …

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Accenture Partners With Quantum Computing Firm to Develop Analytics Capability

TYSONS CORNER, VA, Nov. 30, 2017 — Accenture (NYSE: ACN) has entered into a strategic alliance and placed an investment with quantum computing software developer 1QBit in the former’s effort to advance quantum-based analytics technology, ExecutiveBiz reported Wednesday. The company said Tuesday the expanded partnership aims to help organizations generate intelligence to address …

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Rick Ambrose: Lockheed Pursues Investments to Advance Manufacturing Process Amid ‘NewSpace’ Challenge

TYSONS CORNER, VA, Nov. 28, 2017 — Rick Ambrose, executive vice president of the space systems segment at Lockheed Martin (NYSE: LMT), has noted the company’s multi-year investments in production techniques as it works to position itself against “NewSpace” startups, ExecutiveBiz reported Wednesday. Ambrose, an inductee into Executive Mosaic’s Wash 100 for …

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CACI Plans Machine Learning, Electronic Warfare Investments; Ken Asbury Comments

TYSONS CORNER, VA, Nov. 13, 2017 — CACI International (NYSE: CACI) CEO Ken Asbury has said the company is exploring investments in the areas of machine learning and electronic warfare as it aims to build on its product portfolio for intelligence services, ExecutiveBiz reported Nov. 3. CRN reported Nov. 2 that …

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UK Gov’t Invests Over $100M in CAE-Operated Pilot Training Simulation Center

TYSONS CORNER, VA, Oct. 27, 2017 — A CAE-operated helicopter simulation facility in England has received an estimated $118.8 million investment from the U.K. defense ministry to advance training capabilities for the country’s future naval and air force pilots, ExecutiveBiz reported Thursday. The U.K. government said Tuesday the funds will support training programs …

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In-Q-Tel Enters Investment Deal With Primer in Push for AI-Based Data Analysis

TYSONS CORNER, VA, Oct. 26, 2017 — In-Q-Tel has invested in artificial intelligence company Primer in efforts to deliver AI technologies that will work to support analysts in the government, financial and retail sectors, ExecutiveBiz reported Wednesday. IQT said Tuesday the strategic investment agreement aims to utilize Primer’s machine learning systems for processing …

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Intel Capital Makes $60M Investment to Support 15 Tech Startups

TYSONS CORNER, VA, Oct. 24, 2017 — Intel‘s (Nasdaq: INTC) investment arm has placed more than $60 million in funds to support 15 startups as they work to develop cybersecurity, analytics, machine learning, artificial intelligence and autonomous technologies, ExecutiveBiz reported Monday. The company said Thursday the startups from Canada, China, Israel, Japan …

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