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Company News

Raytheon to offer new long-range missile for U.S. Army fires requirement

Huntsville, AL, March 16 - Raytheon Company will offer a new missile design to meet the U.S. Army's Long-Range Precision Fires (LRPF) requirement to replace current army tactical missile system weapons.

"Our LRPF design will provide the U.S. Army with double the combat power of its ground launchers by utilizing a new design that fits two missiles in a single launcher pod -- increasing effectiveness at a fraction of the cost of the current weapon," said Dr. Thomas Bussing, Raytheon vice president of Advanced Missile Systems. "Advances in propulsion will enable LRPF to fly faster over longer distances -- approximately 500 kilometers -- to defeat fixed land targets. This is the definition of overmatch against future threats."

Raytheon will design LRPF to integrate with the M270 MLRS and M142 HIMARS rocket launchers. The new missile's range and speed will provide U.S. Army combat units to engage targets over vast geographic space in a high-threat environment.

About Raytheon LRPF

LRPF is intended to replace current weapon systems, increasing combat power by doubling the launch pod load-out and engaging targets at approximately 500 kilometers in a faster and more affordable way than current weapons.

About Raytheon

Raytheon Company, with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 94 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5ITM products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Mass.

PSEG is investing $1 billion in solar

People haven't thought of PSEG as a solar company, but to a growing extent, it is. There isn't a cleaner or more inexhaustible power source and we recognize how critical it is to meet the demand for cleaner energy. 

So we are following Thomas Edison's advice and have invested more than $1 billion over the last seven years in solar technology – yielding a rich and growing harvest of green energy and jobs on the path to a more sustainable future. The company has dedicated the largest part of this investment to develop or help finance solar installations in New Jersey. PSEG's efforts are playing an important role in helping the Garden State achieve its renewable energy goals – benefiting all of our customers, creating jobs and growing a new industry.

Public Service Enterprise Group is a publicly traded diversified energy company with annual revenues of $10.4 billion. Its operating subsidiaries are: Public Service Electric and Gas Company (PSE&G), PSEG Power, and PSEG Long Island.

Kontron to show breadth of feature rich, IoT data-driven platforms at 2016 Aircraft Interiors Expo

A global market leader for embedded computing technology (ECT), Kontron delivers critical technologies that enable a new era of connected aircraft. At Aircraft Interiors, Kontron will showcase its expanding line of scalable open-architecture platforms specifically designed to enable In-Flight Entertainment and Connectivity.

These innovative and application-ready products facilitate the ability to offer new and immediate revenue streams while enhancing the passenger experience. Helping airlines advance beyond in-flight entertainment and communication (IFE&C), Kontron’s feature-rich, Internet of Things (IoT)-enabled solutions support efficient analytical and sensor data collection capabilities to improve airline systems and operations. The Aircraft Interiors Expo will take place at the fairgrounds in Hamburg. 

We invite you to Booth #D40, Hall B2 to see first-hand how Kontron is driving connected aircraft advancements that allow airlines to securely leverage the full benefits of IoT from the company’s 30+ year experience as a trusted innovator of ultra-rugged computing platforms. 

Kontron to showcase: 

Expanded line of next-generation avionics servers including the ACE Flight 4600 with 4G LTE capabilities and our new lineup of products: 

  • ACE Flight 904
  • ACE Flight 4608 Server
  • ACE Flight 4700 Modman o ACE Flight 2600 Server
  • ACE Flight 1600 Server 

Next generation Cab-n-Connect A100 wireless access point (CWAP) supporting Wi-Fi 802.11ac with advanced AirDefenseTM capabilities for wireless security and asset tracking 

Innovative IoT-based solutions that pave the way for enhanced security, analytics and operational efficiencies with demonstrations that include: 

  • Asset tracking and Advanced AirDefenseTM using A100 Cab-n-Connect CWAP
  • Intel RealSense 3D scanning technology that can assist airline passengers and 
  • improve operational efficiencies o Visual data streaming analytics 

Avionics services and support programs that protect investments and accelerate installation and certification time 

Where: When: Location: 

Aircraft Interiors Expo
April 5 - 7, 2016
Kontron Booth#D40, Hall B2 

About Kontron 

Kontron, a global leader in embedded computing technology and trusted advisor in IoT, provides a complete and integrated portfolio of hardware, software and services. Kontron creates many of the standards that drive the world’s embedded computing platforms, bringing to life numerous technologies and applications. The result is an accelerated time-to-market, reduced total-cost-of-ownership, product longevity and the best possible overall application with leading-edge, highest reliability embedded technology. 

New video highlights leading technology, innovative features of Morse Watchmans’ key control and asset management solutions

Morse Watchmans’ newest video titled “Think Inside the Box” tells the story of the company’s strong technology leadership and the innovative features and benefits its key control and asset management solutions deliver.

“We created this video to demonstrate the advanced technologies and integrations behind Morse Watchmans’ innovations and how these advancements have allowed us to take key control and asset management to new levels,” said Fernando Pires, VP Sales and Marketing, Morse Watchmans. “Our goal is to help security professionals and businesses discover the significant benefits of our high-tech systems and solutions.”

Morse Watchmans’ full line of key control and management products and systems offers secure solutions for addressing controlled usage and safekeeping of physical keys. The tamper-proof systems are designed so that only authorized users, using pre-programmed PIN codes, access cards or biometrics, can access keys. On-board advanced technology automatically records all access activity. Among the high-tech features the company’s solutions deliver are touch panels, fingerprint readers and card scanners for enhanced key and asset control and security; audible prompts to ensure proper removal and return of keys and assets; usage reports, alerts and remote management capabilities to further enhance the solutions’ effectiveness and efficiency.

Additional state-of-the-art key control and asset management functionality highlighted in the video includesconfigurability, networking and integrationcapabilities.

To view the video, visit http://www.morsewatchmans.com/company-overview-whiteboard-video or feel free to stop by their ISC West booth to view the video (booth 15109).

About Morse Watchmans

For over a century, Morse Watchmans has been known as an innovator of high-quality, cost-effective technology. Through seamless design, manufacturing and support, we earned the reputation as the world leader in security management products. Specializing in state-of-the-art key management (KeyWatcher®), guard tour (PowerCheck®) and key ring (KeyRing™) systems, our products are reliable, easy to use and expandable to meet your growing needs. Our company offers industry-leading software, service and support to ensure the effectiveness of your security investment. Contact us today and find the right solution for all your security management needs.

VSS Structured Capital completes sale of Navtec, Inc to Airbus Prosky SAS

Navtech eCharts EFB

New York, NY, March 10 – VSS, a private investment firm focused on the information, tech-enabled business services, healthcare IT, and education industries, today announced that VSS Structured Capital II has completed the sale of its interest in Navtech Inc., a global leader in flight operations software for the commercial aviation industry.  The business was acquired by Airbus ProSky SAS, part of the Airbus group of companies.

Headquartered in Waterloo, Ontario, with offices in London and Cardiff, Navtech serves more than 400 aircraft operators and aviation services customers worldwide, with a suite of high-quality, mission-critical aeronautical products and services including aeronautical charts, navigation data solutions, flight planning, aircraft performance and crew planning solutions.  In 2015, VSS assisted Navtech with the acquisition of DW International Ltd., a U.K.-based developer of satellite flight solutions focusing on RAIM prediction technology.

VSS made a minority investment in Navtech in June 2013 to refinance a mezzanine loan and buy out some equity holders through VSS Structured Capital II, a $312 million fund raised in 2009.  VSS originated the investment on a proprietary basis, partnering with majority owner Cambridge Information Group, a family investment firm run by CEO Andy Snyder that makes private investments in the education and professional information markets. 

“VSS allowed us to accelerate the development of our SaaS and Electronic Flight Bag products.  They were supportive of the company's growth initiatives and helped us think through the most efficient capital structure at each step,” said Snyder.

“Navtech is representative of our strong experience providing flexible debt and equity solutions to lower middle market businesses in the information industry,” said David Bainbridge, a Managing Director at VSS who served on the company’s Board of Directors. “We are pleased to have been a value added strategic partner to Navtech and its shareholders.”

Other past VSS structured capital investments that the firm has successfully exited in the last year include the sale of Trover Solutions to New Mountain Capital, the sale of Cast & Crew Entertainment Services to Silver Lake, and the sale of Strata Decision Technology to Roper Technologies. VSS has a long history of partnering with entrepreneurs and providing structured capital for expansions, acquisition financings, product launches, recapitalizations and management buyouts or buy-ins. 

About VSS 

VSS is a leading lower middle-market private investment firm that makes control and non-control investments within the tech-enabled business services, information, healthcare IT, and education industries in North America and Europe.

American Science and Engineering debuts advanced security screening systems at ABU DHABI event

ABU DHABI, U.A.E. , March 15, 2016 – American Science and Engineering, Inc., a leading worldwide supplier of innovative X-ray detection solutions, today introduced three innovative scanning systems to the Middle East which are ideally suited for helping authorities combat terrorism and other security threats. New products include the next generation Z Portal® system that combines multiple detection technologies for up to six views of cargo and vehicles; the CarView™ portal, a high-throughput, relocatable, multi-technology scanning system for threats concealed in cars and small vehicles; and the Tx-View™ dual-energy transmission option for the top-selling line of ZBV® mobile cargo and vehicle screening systems.

During ISNR 2016 (March 15—17), AS&E will feature the next generation Z Portal system, CarView portal, Tx-View option for ZBV, and MINI Z® handheld imaging system in our channel partner Al Hamra’s stand #4230.     

“Security agencies in the Middle East have experienced first-hand how our systems help reduce the level of vulnerability to explosive threats and contraband,” said Chuck Dougherty, President and CEO of AS&E. “We are confident they will find that our new offerings address high-priority security objectives and trengthen their ability to protect residents, visitors, and critical infrastructure against terrorist threats.”

The Next Generation Z Portal: Multi-view, multi-technology cargo and vehicle screening system

The next generation Z Portal system is the only drive-through cargo and vehicle inspection system that uses multiple detection technologies to provide up to six views—including dual-energy transmission, Z Backscatter®, and Forwardscatter® images—of scanned passenger vehicles, trucks, buses, and cargo. The new Z Portal system incorporates AS&E’s latest source and detector innovations in a more compact design, enabling improved image quality at higher throughput in space-constrained locations such as checkpoints at high-threat facilities. View the video.

CarView Portal: Cost-effective, high-throughput, superior inspection of small vehicles

The CarView portal screens occupied cars and small vehicles to help secure special events, parking garages, and high-threat locations. The system uses innovative Wave Shifting Fibers (WSF) detector technology to simultaneously produce two top-down images: a high-quality dual-energy transmission image and a Z Backscatter image of the scanned vehicle. The dual-energy transmission image offers material discrimination technology to detect metallic and organic threats and contraband, while the photo-like Z Backscatter image offers enhanced detection of organic threats such as explosives, drugs, and stowaways. This cost-effective, versatile system is easily relocatable and its compact footprint meets the physical requirements of standard tollbooth lanes. 

ZBV with Tx-View: Dual-energy transmission option for the ZBV system

Tx-View is a dual-energy transmission option for AS&E’s industry-leading line of ZBV mobile cargo and vehicle screening systems. This ZBV with Tx-View option allows security personnel to simultaneously acquire dual-energy transmission images for detection of metallic threats such as weapons and artillery shells, and Z Backscatter images for superior detection of organic threats and contraband. Deployed quickly and easily, the Tx-View option is completely self-contained in a trailer for storage and transport, providing customs and security officials with the lowest cost, most versatile, multi-technology, mobile cargo and vehicle screening system available today.

MINI Z: Handheld Z Backscatter imaging system

The MINI Z system enables law enforcement, public safety, and other security professionals to scan in places other systems can’t reach and determine “on-the-go” if drugs, explosives, or other threats are present in difficult-to-reach locations such as car interiors and aircraft compartments. The MINI Z system was also named winner of the R&D 100 Award for Top Innovation, an ASIS Accolades Award winner and Best of What’s New Award for 2014 in Popular Science Magazine. 

About AS&E

American Science and Engineering, Inc. (AS&E) is the trusted global provider of threat and contraband detection solutions for ports, borders, military, critical infrastructure, law enforcement, and aviation. With over 50 years of experience, AS&E offers proven, advanced X-ray inspection systems to combat terrorism, drug smuggling, illegal immigration, and trade fraud. AS&E systems are designed in a variety of configurations for cargo and vehicle inspection, parcel inspection, and personnel screening. Using a combination of technologies, these systems provide superior detection capabilities, with high-energy, dual-energy, and Z Backscatter X-rays — pioneered by AS&E. 

Qognify's market leading PSIM and Situation Management Solution adds actionable intelligence capabilities

Paramus, NJ, February 29 - Qognify, formerly NICE Security, today announced the release of Situator 8.0 with the introduction of the new Operational Intelligence Center (OIC). The latest version of the market leading PSIM and Situation Management solution provides a platform for leveraging the massive amounts of big data Situator captures, monitors and correlates and turns it into actionable intelligence.

The Operational Intelligence Center, with its new advanced rules engine, monitors large volumes of data and detects deviations in leading indicators, which are often precursors to incidents. This allows organizations to prepare for impending incidents, initiate a proactive response and mitigate their impact. Additionally, the OIC introduces a new visualization engine, which greatly enhances Situational Awareness and ongoing operations management. Displaying any operational parameter, the visualization engine allows supervisors, executives and other stakeholders to customize dashboards based on their needs and their role, providing the right information to the right people in real time.

Situator's OIC goes beyond just presenting business intelligence. Its powerful correlation engine and adaptive workflow capabilities provide actionable intelligence: insight about what is happening or unfolding, together with the critical 'what to do next' guidance. This can be incredibly valuable, particularly when the cost of business disruption is measured in minutes by organizations such as airports, mass transit, critical facilities and even commercial entities such as banks. In the same way that the OIC proactively addresses unfolding incidents, it can also be used by an organization to improve performance of day-to-day operational activities.

"Our customers and partners were actively involved in the design and development of the Operational Intelligence Center," said Moti Shabtai, President of Qognify. "They wanted a solution that would help them anticipate unfolding events and effectively manage them, in order to mitigate any impact. Additionally, they wanted to get a holistic view of what is happening in their organization on a day-to-day basis. Organizations can now align KPIs with their business objectives, allowing them to understand what needs to be changed or improved and how. They can then monitor results to gauge the efficacy of their actions, making adjustments for continual improvement along the way."

Situator 8.0 is available now from Qognify.

About Qognify  

Qognify helps organizations mitigate risk, maintain business continuity, and optimize operations. The Qognify portfolio includes video management, video and data analytics, and PSIM/ Situation Management solutions that are deployed in financial institutions, transportation agencies, airports, seaports, utility companies, city centers, and to secure many of the world's highest-profile public events.

Upstream oil and gas companies spend smarter on digital technologies to drive value, reduce costs in downturn, Accenture and Microsoft survey finds

Houston, TX, March 9 - As upstream oil and gas companies scrutinize every dollar invested, they’re spending smarter today on digital technologies, seeking to drive value and reduce costs amid low oil and gas prices, a new survey by Accenture (NYSE: ACN) and Microsoft Corp. reports. Respondents to the ”2016 Upstream Oil and Gas Digital Trends Survey” included international oil companies (IOCs), national oil companies (NOCs), independents and oilfield services firms.

Over the next three to five years, 80 percent of upstream oil and gas companies plan to spend the same, more, or significantly more (30%, 36%, and 14%, respectively) on digital technologies as they do now, according to the survey, now in its fifth edition. This continued investment in digital is due to respondents’ confidence that digital technologies can continue to help them drive leaner, smarter organizations.

More than half (53 percent) of respondents said digital is already adding high to significant value to their businesses. Cost reduction was identified as the biggest challenge that digital technologies can most address today, respondents said. In addition, respondents reported that making faster and better decisions was the greatest benefit digital technologies can deliver (56 percent) and that one of the biggest barriers to realizing value is the lack of a clear strategy or business case, not the technology itself.

Today’s digital investments focus more on mobility, with almost three-fifths of respondents (57 percent) reporting having invested in mobile, compared to 49 percent of the respondents in last year’s survey. Next is investing in the Internet of Things (IoT) (44 percent) this year vs. 25 percent in 2015 and the cloud (38 percent), up 8 percent from last year. Over the next three to five years, these investments are expected to shift more to big data and analytics (38 percent), IoT (36 percent) and mobile (31 percent).

“In the current challenging environment, the upstream oil and gas industry is focusing digital technologies on areas that help them work smarter and deliver significant efficiencies and savings in the short term while enabling them to make better decisions faster,” said Rich Holsman, global head of Digital in Accenture’s Energy industry group. “So, in the short term we expect these companies will continue to invest in areas that help lower operations costs through technologies like increased worker productivity with mobility, lower infrastructure costs through the cloud and drive better asset management through analytics.”

Respondents said digital’s biggest impact to date on the upstream oil and gas workforce has been increased employee productivity and engagement followed by better training and reskilling opportunities. They see the greatest impact from IoT in enabling connected field workers, with 60 percent of respondents planning to have field workers and assets digitally connected with smart devices.

The use of the cloud, respondents said, has shifted from being used primarily for infrastructure to an enabler of mobile tools. This trend is expected to increase in the next three to five years, as companies keep using the cloud to get faster and more value from other digital technologies.

“By taking advantage of the intelligent cloud, greater use of analytics and IoT go hand in hand with what we are seeing in our business today – the advent of the industrial Internet enabling the power of digital across the oil and gas landscape,” said Craig Hodges, general manager of the Gulf Coast District at Microsoft. “You can see this trend gaining traction from connected wells and intelligent pipelines to highly- efficient digital refineries.”

While two thirds (66 percent) identified analytics as one of the most important capabilities for transforming their company, only 13 percent felt their firm’s analytical capabilities were mature. Almost two-thirds (65 percent) plan to implement more analytic capabilities in the next three years to help address this need.

The “2016 Upstream Oil and Gas Digital and Technology Trends Survey,” sponsored by Accenture and Microsoft and conducted by PennEnergy Research in partnership with the Oil & Gas Journal, surveyed upstream professionals worldwide, including engineers, geologists and mid-level and executive management.

About Microsoft

Microsoft is the leading platform and productivity company for the mobile-first, cloud-first world, and its mission is to empower every person and every organization on the planet to achieve more.

About Accenture

Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 373,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.

Ability names defense, intelligence and software industry veteran David Wiernik to Board of Directors

David Wiernik, Ability

New York and Tel Aviv, Israel, March 3 - Ability, Inc., a leading provider of innovative tactical communications intelligence solutions, today announced that David Wiernik, a successful executive with experience ranging from military leadership to startup software organizations, has been appointed to Ability's Board of Directors, effective immediately.

Mr. Wiernik currently owns and manages several international software companies, specializing in navigation and GPS-related technologies, including NNG KFT, developer of the I-GO and NAV N GO solutions, the world's leading navigation software. NNG is the provider of white-labeled navigation software to 34 car manufacturers around the world. He previously served as a commercial pilot and flight instructor, and began his career as an airline captain.

"David brings strong industry contacts and a wealth of experience to Ability's board," commented Anatoly Hurgin, Co-Founder and Chief Executive Officer of Ability. "David has over 40 years of experience, and we believe his knowledge and expertise will benefit Ability's growth plans."

"Ability has developed a compelling array of intelligence solutions which meet the significant and growing needs of governments and law enforcement personnel around the world as part of an increasingly important counter-terrorism effort," commented Mr. Wiernik. "I am excited to be a part of this organization, and look forward to contributing to the talented team at Ability."

As a result of this appointment, Ability now has seven directors, including four who are considered independent directors. Mr. Wiernik will serve on the nominating committee.

About Ability, Inc.

Ability, Inc.  is the sole owner of Ability Computer & Software Industries Ltd., following the closing of the business combination between Cambridge Capital Acquisition Corporation, Ability Computer & Software Industries Ltd. and Ability.

Headquartered in Tel Aviv, Israel, Ability Computer & Software Industries Ltd. was founded in 1994 and is a leading provider of innovative tactical communications intelligence solutions used by government agencies, military forces, law enforcement and homeland security agencies worldwide, with an installed base in more than 50 countries. Ability offers a broad range of lawful interception, surveillance, decryption, cyber and geolocation solutions, with a strong focus on active and passive off-air interception and decryption of communications on GSM, CDMA, UMTS and LTE cellular systems as well as Iridium, Thuraya, and other satellite networks. State-of-the-art technology underpins Ability's scalable offerings, which can be tactical-and-portable, or strategic-and-fixed, depending on its customers' needs.

Louisiana DOTD goes mobile to inspect levees and more with TerraGo Edge

Washington, DC, February 29 - TerraGo announced today the Louisiana Department of Transportation and Development (DOTD) has deployed TerraGo Edge for the inspection of flood protection infrastructure including levees, dams and reservoirs.

The DOTD’s Public Works and Water Resources Division inspects over 1,100 miles of levees, four times, each and every year. The legacy inspection system was a custom-built application developed by an engineering services firm, which utilized Trimble® YUMA® ruggedized tablets. Over time, the system became less reliable and database updates were cumbersome and problematic. To truly fix the system would have meant more custom development services and other expenses. Each of the six YUMA tablets, fully configured, ran around $6,000. The annual software maintenance was also expensive at around $18,000, which did nothing to improve the reliability of the system.

“We really wanted a cloud-based system, so we wouldn’t need to maintain a database server on-site. And if we could deploy an Android solution, those tablets would only cost us about $200, so the hardware would be pennies on the dollar. We could break and replace a lot of Android tablets compared to a traditional, ruggedized GPS tablet at $6,000”, said Doug Taylor, Director of Levees, Dams and Reservoirs at the DOTD.

After a series of successful field trials, DOTD knew they had found a mobile solution that met their requirements across the board for reliability, ease of use and customizability, all with a cloud-based database solution at a fraction of the cost.

TerraGo Edge’s customizable forms mean the DOTD never has to pay a software services fee for modifying a hard-coded solution again. They can design their own forms, maps and workflows, flexibly changing them whenever needed to improve the speed and quality of inspections and maintenance.

“Honestly, my favorite part about TerraGo Edge is that it’s just easy to use”, said Taylor. “It’s easy to use in the field and it’s easy to get information and reports out whenever we need them. The challenge is always how to figure out the right forms and inspection workflow. We have hundreds of codes and things change over time. With Edge, we can customize our forms and process today, and know we can adjust things in the future. ”

About TerraGo

TerraGo develops software applications and mobile apps that make it easy for our customers to collect data, share information and work together anywhere, any time. From sharing feature-rich maps and imagery to deploying on-demand apps for a mobile workforce, TerraGo builds intuitive products that enable collaboration from any place on the planet.

Founded in 2005, TerraGo invented the industry’s most widely adopted geospatial collaboration technology with its innovative GeoPDF products and is revolutionizing field data collection with its TerraGo Edge mobile platform.

TerraGo’s customers include the world’s leading defense and intelligence departments, government agencies, non-profits and commercial enterprises in every industry, with over 2,000 global customers based in over 70 countries and all 50 US states.

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