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Triterras directors quit amid row over related party claims | Global Trade Review (GTR)


Two directors have stood down from the board of Singapore-based fintech Triterras following a disagreement over the company’s response to allegations of related party transactions.
Triterras says in a regulatory filing to the Securities and Exchange Commission (SEC) that Matthew Richards and Vanessa Slowey resigned as directors on April 22. The duo have also terminated their membership of the company’s audit and compensation committees.
Richards’ resignation letter, addressed to Triterras chief executive and chairman Srinivas Koneru, says the decision was taken after a meeting of the board of directors on April 21.
“It is clear that the chairman and the company’s interim general counsel’s office have very different views to my own as to the optimal path forward for the company at this extremely challenging time,” he writes. ....

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Kratos Valkyrie Drone Drops Baby Drone Mid-Flight Because That's How It Rolls


Kratos Valkyrie Drone Drops Baby Drone Mid-Flight Because That s How It Rolls
12 Apr 2021, 15:50 UTC ·
by
Military drones are technological beasts, and the list of things they can’t do is extremely short. It got even shorter at the end of March when one of these drones managed to drop a smaller one from inside the weapons bay.
4 photos
The winged machine that managed this feat is called XQ-58A Valkyrie and it is being developed by Kratos. Still in the works, it should come out the other end of the development process as a stealth unmanned combat aerial vehicle (UCAV) capable of striking far and undetected into enemy territory. ....

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