Asylon Robotics Secures $24 Million in Series B Funding to Revolutionize Security with Robotics and...
Asylon Robotics, a pioneer in robotic perimeter security technology, has successfully closed a $24 million Series B funding round. This investment was led by Insight Partners, with contributions from Veteran Ventures Capital, Allegion Ventures, and the GO PA Fund. The...
RegScale Achieves Record Growth and FedRAMP High Authorization, Expanding Its Compliance Automation Platform
RegScale, a leading Continuous Controls Monitoring (CCM) platform, has announced a period of unprecedented growth, tripling its Annual Recurring Revenue (ARR) in the past year. This growth is complemented by the company’s recent achievement of FedRAMP High authorization, a pivotal...
Lockheed Martin Faces Significant Q2 Earnings Drop Due to Program Losses
Lockheed Martin Corp. (NYSE: LMT) witnessed a notable decrease in its share price following the announcement of reduced second-quarter earnings, primarily due to over $1.6 billion in program-related charges. The defense contractor’s revenue for the quarter was $18.2 billion, falling...
Kwikset Introduces Brentford Handleset with Enhanced Security and Design Features
Kwikset has unveiled the Brentford handleset, a new addition to its Signature Series collection, designed to blend transitional aesthetics with robust security and durability. The handleset’s graceful curves and clean lines make it a versatile choice for both modern and...
The Rise of AI Video Editors: Revolutionizing Content Creation
The advent of AI video editing tools has sparked a debate on their potential to replace professional editors. These tools, such as CapCut Web, have evolved to offer automatic music matching, subtitle creation, transitions, audio cleanup, and even script-to-voiceover conversions,...
Rising Phoenix Royalties Executes Strategic Divestiture in DJ Basin
Rising Phoenix Royalties, a mineral and royalty acquisition firm, has announced the completion of a strategic divestiture in Weld County, Colorado, within the DJ Basin. This transaction underscores the firm’s operational agility and its capability to swiftly act on drilling...
ReAlta’s Pegtarazimod Demonstrates Potential in Reducing Brain Inflammation in Newborn HIE Study
ReAlta Life Sciences has announced significant findings from a preclinical study published in the American Journal of Perinatology, highlighting the potential of RLS-0071 (pegtarazimod) to reduce brain inflammation in newborns with hypoxic ischemic encephalopathy (HIE). The study reveals that pegtarazimod...
Hillenbrand Optimizes Capital Structure with Note Redemption and Credit Agreement Amendments
Hillenbrand has announced the full redemption of its $375 million, 4.500% notes due September 2026, alongside the amendment and extension of its syndicated credit agreement. This strategic move includes a $700 million revolving credit facility, a $175 million term loan,...
Kilsar Secures $3.7 Million to Revolutionize Aviation Maintenance Training
Kilsar, a Virginia Beach-based company focused on transforming aviation maintenance and training through technology, has successfully closed a $3.7 million seed round. This funding was co-led by Lightbank and New York-based Cotulla Holdings, with participation from Techstars and Lithuania’s Scalewolf....
Cotulla Holdings Co-Leads $3.7M Seed Round for Aviation-Focused Kilsar
Kilsar, a Virginia Beach-based company developing a platform for aviation maintenance and training, has successfully closed a $3.7 million seed funding round. The investment was co-led by Lightbank and New York-based Cotulla Holdings, with participation from Techstars and Lithuania’s Scalewolf....