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Tag: DoD

  • Bearing Launches FOCI Accelerator

    Bearing Launches FOCI Accelerator

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    Bearing brings together tech startups falling under Foreign Ownership Control and Influence (FOCI) with the US Government to help drive commercial innovation in the Federal Marketplace – quickly and securely.

    Press Release


    Jan 19, 2022

    Bearing Technology LLC, with offices in Colorado and Maryland, announced the launch of its FOCI Accelerator this morning.

    Companies with certain levels of foreign ownership are facing challenges fulfilling Government demand for their products while incurring extensive legal and operational costs to mitigate FOCI security concerns. With Federal spending averaging about 37% of GDP each year (United States Government Spending to GDP, 2021) the Federal market represents a huge opportunity for startups that can’t be ignored. The Government needs to move faster with the deployment of innovative technologies to meet their mission needs and keep up with nation state adversaries.

    Bearing sits at the crossroads between the two, helping startups quickly and inexpensively access the Federal Market while helping the Government acquire technology desperately needed from cutting-edge companies. 

    “Our approach allows FOCI startups to gain access to Federal business in weeks rather than years, realizing organic revenue growth with manageable incremental costs,” said George Young, Partner, Bearing Technology LLC.

    Bearing’s accelerator is based on Gov Cloud Plus compliant solutions along with the required registrations for commercial products to help ensure Government Agency and mission security and anonymity. 

    “Requiring the latest technical innovations to fulfill its mission, Bearing’s unique approach to FOCI mitigation helps the Government acquire and deploy products from startups at scale, quickly and securely,” said Dave Harrison, Partner, Bearing Technology LLC.

    To learn more, please visit https://www.bearingfx.com.

    For Additional Resources, please visit https://www.bearingfx.com/blog.

    US Bureau of Economic Analysis. (n.d.). United States government spending to GDP2022 DATA: 2023 forecast. United States Government Spending To GDP | 2022 Data | 2023 Forecast. Retrieved, from https://tradingeconomics.com/united-states/government-spending-to-gdp

    About Bearing:

    Bearing brings together tech startups falling under Foreign Ownership Control and Influence (FOCI) with the US Government to help drive commercial innovation in the Federal Marketplace – quickly and securely.

    Source: Bearing Technology LLC

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  • A Machine Learning Company in California Using Quantum Computers at Mathlabs Ventures is Building the First Q40 ME Fusion Energy Generator Using Advanced AI & Neural Networks

    A Machine Learning Company in California Using Quantum Computers at Mathlabs Ventures is Building the First Q40 ME Fusion Energy Generator Using Advanced AI & Neural Networks

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    Harvard Mathematicians using Artificial Intelligence, Machine Learning, Blockchain and Neural Networks on a Quantum Computer have developed breakthrough algorithms and simulations that will enable the world’s most efficient Fusion Energy Power Plants to be opened 20 years earlier than planned with a Q40 Mechanical Gain by Kronos Fusion Energy Algorithms

    Press Release


    Jan 10, 2022

    Kronos Fusion Energy Algorithms LLC (KFEA-Q40) and MathLabs Ventures announced today that after 60 years of global research, the Fusion Energy industry is now poised to accelerate their growth rapidly to build commercially viable power plants 20 years earlier than planned because of three recent major advances in technology. The three major problems with reaching commercial success in Fusion Energy have recently been overcome with these three new technological advancements that together will make it possible to build efficient Fusion Energy Power Plants on Earth by the mid-2030s. These innovations, ongoing contracts & patents put KFEA’s current valuation at $530m with $1.2B in projected earnings over the next 2 years.

    “We at Kronos are building a world-class team of mathematicians, physicists, scientists and other professionals whose mission is to reverse global warming by helping to make  Fusion Energy commercially viable in the near future,” said Michael Pierce Hoban, the CEO of Kronos Fusion Energy Algorithms

    Recreating the power of the sun on earth in a controlled manner takes computing power, machine learning, artificial intelligence, blockchain, quantum computers, neural networks, and other technological advances that were not even dreamed of 60 years ago when Fusion Energy research began globally. But now, with these three technological breakthroughs, the global competition to design the next-generation Fusion Energy Power Plants that are more efficient than today’s carbon-burning power plants is underway in full swing.

    The first technological barrier that was overcome is that the computing power now exists to model the sun in simulations more accurately with the launch of the Summit Supercomputer in Oak Ridge that set the world record in 2018, and in June 2021, Japan’s Fugaka Supercomputer set a new world record of 422 petaflops.

    The second technological barrier that was overcome in September 2021 was the announcement of the most powerful magnet ever created on earth (https://news.mit.edu/2021/MIT-CFS-major-advance-toward-fusion-energy-0908). This is the first magnet with enough power capable of containing a fast-moving plasma field at heats in excess of 150M degrees Celsius without touching and melting the containment barrier.

    The third technological barrier that has been the most difficult to overcome is the 1% efficiency rate (Q1 Mechanical Gain) of the top fusion energy demo reactors on earth today. The first two breakthroughs will enable the world’s top Fusion energy designers to reach a 25% efficiency rate (Q25 Mechanical Gain) by 2050. This has been a major technological barrier because there has been no fusion energy reactor solution that has been proposed in the world that exceeds 25% efficiency until now.

    Kronos Fusion Energy Algorithms LLC announced that after five years studying the global research in Fusion Energy, we have developed advanced algorithms and simulations to achieve a 40% efficiency rate (Q40 Mechanical Gain) for Commercial Fusion Energy Power Plants that will enable a 20-year advancement in the launch dates of the world’s first Fusion Energy Power Plants that are more efficient than today’s carbon burning power plants. Our algorithms and simulations use Artificial Intelligence, Machine Learning, neural networks, blockchain, quantum computing and other advances to reduce the error rate at a Fusion Energy Reactor from the 15% error rate experienced today at the International Thermodynamic Experimental Reactor (ITER) in France to a 1% error rate after our simulations have optimized the numerous variables to identify the disruptions that cause 31% of the maintenance shutdowns at ITER.

    Kronos Fusion Energy Algorithms: Developing ALGORITHMS & SIMULATIONS to build Micro Fusion Energy Generators with Q40 Mechanical Gain for a CLEAN + LIMITLESS Energy Future

    MEDIA CONTACT:

    PRIYANCA FORD  

    Founder & Chief Strategy Officer at Kronos Fusion Energy Algorithms

    Priyanca_Ford@post.harvard.edu

    Source: MathLabs Ventures

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  • USfalcon Names David Jones as Vice President, Operations

    USfalcon Names David Jones as Vice President, Operations

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    Press Release


    Dec 8, 2021

    USfalcon is pleased to announce that David Jones has been promoted to Vice President of Operations. In his new role, David will lead the operations teams in pursuing the strategic and operational goals of the Business Operations Management (BOM) and Information Technology Solutions (ITS) Business Units. David has been a member of the USfalcon team since 2004, most recently in the role of Operations Director. He is an accomplished leader with over 20 years of technical support and program management experience providing worldwide IT support. Prior to joining USfalcon, David proudly served his country for 10 years with tours of duty in Afghanistan, Kuwait, and Iraq.  

    Pete von Jess, USfalcon CEO, stated, “David’s leadership and both technical and management experience make him an excellent choice for Vice President of Operations overseeing our BOM and ITS Business Units. I look forward to supporting him in his new role as he implements growth plans for the business.” 

    USfalcon is a mid-tier growing professional services company supporting a diverse and global customer base of DoD and Federal Agencies since 1984. We deliver core capabilities in Aviation, Space, Information Technology, and Business Operations Management Services. We foster close and trusted relationships with our customers, partners, and employees.

    Source: USfalcon, Inc.

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  • CORAS® & Carahsoft Partner to Deliver FedRAMP High SaaS Enterprise Decision Management to Federal Government Customers

    CORAS® & Carahsoft Partner to Deliver FedRAMP High SaaS Enterprise Decision Management to Federal Government Customers

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    Press Release


    Nov 4, 2021

    CORAS®, the only FedRAMP High configurable Enterprise Decision Management SaaS solution in the federal marketplace, announced a new partnership with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®.

    CORAS President and CTO Dan Naselius said, “Partnering with Carahsoft gives federal agencies the highest levels of confidence, security, and performance with our configurable CORAS FedRAMP High solution. CORAS brings live-data multidimensional organizational views, budget trade-offs, decisions, and accountability to help agencies to stay on mission.”

    CORAS was built for the government marketplace and is designed for the decision-maker to view multiple option scenarios and aggregate disparate data sets for one single pane of glass solution. CORAS provides defense departments and agencies with a platform that tackles their major portfolio, programming, and asset management challenges; aggregates existing data sources, facilitates analysis of project and program readiness, and automates information reporting. Up and running in days, CORAS supercharges Decision Management and provides federal/DoD leadership with the ability to optimize the scope and impact of their data, connect siloed data sources, provide live and flexible reporting, and make defendable decisions.

    Another key differentiator is CORAS Customer Success teams, who are renowned for their unique “roll up our sleeves and help you solve it” approach to addressing customers’ problems. We pass the innovation forward, with each new application solution becoming available to future clients.

    Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, combining technological expertise with a thorough understanding of the government procurement process to help federal, state, and local government agencies select and implement the best solution at the best possible value. As a top-ranked GSA Schedule Contract holder, Carahsoft is the largest government partner and Master Government Aggregator® for many of its best-of-breed vendors, managing their public sector reseller networks and driving demand for their offerings.

    “We are proud to partner with Carahsoft to deliver CORAS more efficiently into federal agencies,” said Moe Jafari, CEO of CORAS. “CORAS is already serving clients within the DoD, and with our FedRAMP High status, we can expedite delivery of the Decision Maker’s decision tool to our federal clients to manage and solve complex data problems.”

    CORAS is available through Carahsoft’s ITES-SW2 Contract W52P1J-20-D-0042, and NASPO ValuePoint Master Agreement #AR2472. For more information, contact the CORAS team at Carahsoft at (703) 889-9811 or CORASCloud@Carahsoft.com

    CORAS is part of the family of companies held by Executive 1 Holding Company, LLC (EX1), a strategic conglomeration of leading providers of AI/ML/NLP technology and consulting solutions to the Federal Government. To learn more about how CORAS helps public sector mission speeds, go to Coras.com.

    Contact: Rebecca Churchill, Phone: (917) 518-9789, 
    Email: rc@churchillcommunicationsllc.com

    Source: CORAS

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