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AirBoss completes acquisition of BlackBox Biometrics


AirBoss completes acquisition of BlackBox Biometrics
AirBoss completes acquisition of BlackBox Biometrics
Rubber & Plastics News Staff
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NEWMARKET, Ontario AirBoss of America Corp. s deal to acquire BlackBox Biometrics Inc. (B3) is now complete.
BlackBox makes wearable blast overpressure sensors that are used by military and law enforcement personal.
AirBoss, based in Newmarket, paid $7 million cash and will pay up to $20 million in royalties over the next eight years based on revenue from BlackBox Biometrics products, the new owner said.
Critical Solutions International (CSI), a unit of AirBoss, has been the exclusive distributor of the Blast Gage System since 2018.
The acquisition will join with CSI to form the newly created Systems Solutions Division. Current B3 CEO Matt Boccia will head the new division and the company s headquarters and primary manufacturing and research and development will stay in Rochester, N.Y. ....

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Worldwide Insights on the CBRNE Defense System Industry to 2025 - Enhanced CBRNE Training Using Simulator Technology Presents Opportunities


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ResearchAndMarkets.com s offering.
The global CBRNE defense system market generated $13.56 billion in 2019 and is estimated to grow at a CAGR of 4.10%, during 2020-2025.
The global CBRNE defense system market is an emerging market that has been witnessing the production of an increased number of CBRNE defense systems over the years for various platforms such as military, homeland security, and commercial and civil. The market has experienced a major transformation in the innovation of CBRNE defense technology and has witnessed the development of different product types for military and commercial applications.
The market is expected to see the growth of personal protective equipment primarily due to the increasing procurement for enhancing the protection of the armed forces and homeland security officials. High demand for personal protective equipment (PPE) in emerging countries, such as Asia-Pacific, Middle East, and Afri ....

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Michael E. McCormack II joins CPS Technologies Corporation as Chief Operating Officer


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NORTON, Mass., Dec. 14, 2020 (GLOBE NEWSWIRE) CPS Technologies Corporation (NASDAQ:CPSH) today announced that Michael E. McCormack II is joining CPS in the newly created position of Chief Operating Officer (COO), effective January 4, 2021.
Grant Bennett, CEO indicated, The CPS Board of Directors has been conducting a search for a chief operating officer with the track record of accelerating growth, forming partnerships with customers to create new products, and taking new technology into the marketplace. Michael fits the bill perfectly – we are delighted he is joining CPS.
CPS today has a compelling and impressive pipeline of opportunities; most of which are in the early stages of commercialization and market penetration. Michael brings the skills, the drive, and the mindset to accelerate the commercialization and growth of these opportunities. ....

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