Press release content from Business Wire. The AP news staff was not involved in its creation.
U.S. Department of Defense Awards Booz Allen Two Spots on $600M Contract for 5G Experimentation and Testing
March 11, 2021 GMT
MCLEAN, Va. (BUSINESS WIRE) Mar 11, 2021
On October 8, the Department of Defense (DoD) selected Booz Allen Hamilton (NYSE: BAH), among other companies, to fulfill $600 million in awards for 5G experimentation and testing at five U.S. military locations. This contract represents the largest full-scale 5G testing done to date for dual-use applications in the world and will help move DoD towards full-scale 5G military deployment.
Press release content from NewMediaWire. The AP news staff was not involved in its creation.
Tecogen Reports 2020 Results
Tecogen IncMarch 11, 2021 GMT
Waltham, MA - ( NewMediaWire ) - March 11, 2021 - Tecogen Inc. (OTCQX:TGEN, the “Company”), a leading manufacturer of clean energy products, reported revenues of $28.3 million for the year ended December 31, 2020 compared to $33.4 million for 2019, a 15.5% decrease. All segments were adversely impacted by business interruptions resulting from the COVID-19 pandemic. Product revenues decreased to $10.5 million in 2020 from $13.0 million in 2019, and service revenues were $15.9 million in 2020 compared to $17.3 million for the same period in 2019 due to a decline in installation activity. Energy Production revenue decreased to $1.8 million in 2020 from $3.1 million in 2019.
Press release content from Business Wire. The AP news staff was not involved in its creation.
tZERO ATS Forges Agreement with Tokenization Platform DigiShares to Create Path to Liquidity for its Issuer Base
March 11, 2021 GMT
NEW YORK (BUSINESS WIRE) Mar 11, 2021
tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with DigiShares, a white-label platform for tokenized securities, to connect issuers of digital securities on the DigiShares’ platform to the tZERO ATS. DigiShares’ network consists of many asset managers, investment fund managers, real estate developers, renewables project developers, among others that are based in the U.S., Asia, Russia, Europe, and Africa. Interested issuers will now be able to opt in to provide secondary liquidity for their digital securities, subject to tZERO ATS’s due
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Kratos Defense & Rocket Support Services Supports Successful Sounding Rocket Launch of AFRL .
Kratos Defense & Security Solutions, Inc.March 12, 2021 GMT
SAN DIEGO, March 12, 2021 (GLOBE NEWSWIRE) Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that its Sounding Rocket Program (SRP)-4 launch vehicle team under subcontract to Space Vector Corporation, successfully launched a scientific experiment for the U.S. Space Force Space and Missile Systems Center’s Launch Enterprise from the Wallops Flight Facility in Virginia. It was the first launch of a sounding rocket vehicle under SRP-4, an indefinite delivery/indefinite quantity contract that was awarded to the Space Vector Corporation in partnership with Kratos in December of 2018.