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Airship AI Awarded Contract With DOJ Agency, Marking Second Big Government Contract Win Since December IPO

Benzinga

By Meg Flippin, Benzinga Airship AI Holdings (NASDAQ: AISP), the Redmond, Washington, artificial intelligence company helping U.S. Homeland Security agencies monitor the nation’s border, announced that it won a large contract with an agency within the Department of Justice to support emerging public safety and investigative requirements. The DOJ will use Airship AI’s Acropolis Enterprise Video and Data Management Platform which is capable of gleaning actionable information in real-time from several sources including body cams, surveillance cameras, drones and CCTV, among others. Airship AI said it won the sole-source contract with the DOJ agency because it was the only company bidding on it capable of providing the necessary technology. Airship AI’ s Acropolis backend enterprise management system will enable the agency to manage devices and sensors across the entire digital ecosystem – directly to the cloud or through Airship AI’s Outpost AI Edge Appliance. Built on the NVIDIA (NASDAQ: NVDA) Jetson platform, Outpost AI provides advanced analytic processing at the edge, along with highly efficient video and metadata encoding and encryption over various RF and network backhauls back to the cloud. The management system, which can be deployed in specialized law enforcement agencies, has been engineered to meet law enforcement-specific needs including workflow for preserving evidence, advanced auditing capabilities, virtualized server instances and individualized cases for adaptive compartmentalization of sensitive data and video. Making Inroads The contract marks the first agency within the DOJ to deploy Acropolis within the Federal Risk and Authorization Management Program or FedRAMP, the U.S. federal government’s compliance program designed to create a standardized approach to security assessment, authorization and monitoring of cloud applications and services across all government agencies. Getting an in with the DOJ should position the company for future contracts, Airship AI said. “This award represents an expansion of a pilot program started with the agency in 2023, validating our ability to meet demanding agency operational and security requirements,” Paul Allen, President of Airship AI, said in a press release. “Equally as exciting is this project represents the second U.S. Government agency to deploy our Acropolis platform in a FedRAMP-certified cloud environment.” Airship AI’s President noted the company has a strong pipeline for 2024. When news of the award broke in early March, shares of Airship AI soared. Year-to-date the stock is up over 300% as of this writing. Big Addressable Market As it stands, surveillance can be extremely complex, with law enforcement agencies and others in surveillance tasked with managing disparate applications, equipment and permissions while at the same time managing various access levels across multiple departments. Airship AI’s platform pulls it all together – helping law enforcement, intelligence agencies and companies make informed decisions in real time. Its tailored software operating platform opens up customers' access to data from cameras and sensors for decisive and accurate responses using data that’s enhanced by AI. Airship AI customers can use their existing hardware – saving them time and money getting up and running. Airship AI is creating a niche in an area where organizations can get bogged down in the exacting and evolving technical difficulty of turning dynamic data into intelligence in real time. Managing, analyzing and gleaming actionable information from an array of sources can be difficult and time-consuming. The company said there is a big demand for its technology and pegs the addressable market at $7 billion for edge AI software and hardware. Airship AI said the market is projected to grow to over $40 billion by 2030. The company’s revenue growth seems to back up the demand estimate. For the full fiscal year 2023, Airship AI earned revenues of $12.3 million on gross profits of $5.8 million. The company entered 2024 with about $140 million in the pipeline comprised largely of U.S. government customers and new growth opportunities within commercial sectors. For all of 2024, Airship AI expects triple-digit revenue growth and positive cash flow. The Second Major Contract Win For Airship AI The deal with the DOJ agency marks the second big contract awarded to Airship AI since it went public in late December via a Special Purpose Acquisition Corp. or SPAC deal with BYTE Acquisition Corp. (NASDAQ: BYTS). As part of that win, Airship AI provided solutions based on its AI Outpost product to agencies within the U.S. Department of Homeland Security to support real-time intelligence collection along the U.S. borders. The $10.9 million contract was first inked in September. Airship AI’s Outpost solution is the company’s edge product, which consists of an edge appliance that provides local high-definition recording with user-defined low-bit rate video stream encoding and on-board edge analytic capabilities – providing the Department of Homeland Security with advanced object detection and recognition capabilities. Airship’s platform is already being used by federal, state and local law agencies as well as the private sector, including FedEx Corp. (NYSE: FDX) and Home Depot Inc. (NYSE: HD). Airship AI is making inroads into government agencies with its advanced monitoring and surveillance platforms. With two deals under its belt and a robust pipeline for 2024 and beyond, the company is optimistic it will further make its mark, helping federal, state and local governments step up enforcement and monitoring to make the world a safer place for everyone. Featured photo by Matthew Henry on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 06, 2024 08:30 AM Eastern Daylight Time

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News Release

AC MILAN AND WEB3 IGAMING LEADER TG.CASINO SIGN NEW PARTNERSHIP DEAL

Finance News

AC Milan and TG.Casino are delighted to announce a new partnership, which sees the online casino platform become the Official Regional iGaming Partner of the Rossoneri in Europe. This new collaboration between two frontrunners in their own fields offers a great opportunity to create something new and innovative. This partnership demonstrates the platform’s intent to take on and beat the iGaming competition to become the ultimate destination for all ambitious Gamefi players. The deal catapults TG.Casino into the top ranks of GameFi by bringing the brand into the living rooms and onto the mobiles of tens of millions of consumers all over Europe. Thanks to this new partnership, $TGC token holders will have the chance to win lots of experiences offered by the Rossoneri club. From visits to the Milanello training centre to winning official AC Milan jerseys and VIP access at the San Siro stadium, football fans will have the chance to enjoy unique and exclusive experiences. The new partnership provides AC Milan with a new fan engagement tool, creating bespoke experiences, which aim to give them more access, and bring them even closer to their beloved Club. TG.Casino on Web: https://shrt.care/e44200d4 TG.Casino on Telegram: https://t.me/tgcasinoofficialbot?start=intpr Contact Details Alex Brown alex@sportsnews.com

May 06, 2024 08:00 AM Eastern Daylight Time

News Release

Bitget Wallet Integrates Babylon Testnet to Simplify Bitcoin Staking

Bitget

Bitget Wallet, one of the largest Web3 wallets and full-stack DeFi platforms, has officially integrated support for the Babylon Testnet, a pioneering Bitcoin staking protocol. Following this development, users will be able to search for and connect to the Babylon Testet from the app and browser extension versions of Bitget Wallet, streamlining the Bitcoin staking process for users. This integration will allow for seamless management of tokens and asset transfers and secure interactions with decentralized applications (DApps). To connect to the Babylon Testnet, users need only to search for and add the network from their Bitget Wallet homepage. The Babylon Testnet represents the first initiative to implement trustless Bitcoin staking, introducing significant utility to Bitcoin beyond its conventional roles as a store of value and payment method. This testnet is integral to Babylon’s broader mission of securing Proof-of-Stake (PoS) systems using Bitcoin. Participants in the Babylon Testnet can opt to either become validators and finality providers, or engage in various other roles to help maintain and secure the network. The testnet is designed to test these functionalities in a real-world scenario but without risking actual Bitcoin, as it operates on the Bitcoin Signet, a test network that simulates actual Bitcoin transactions. This integration directly addresses common challenges cryptocurrency enthusiasts face, such as the complexity of managing different blockchain environments and the often inconvenient process of engaging with testnets. These complexities often necessitate the usage of multiple wallets and interfaces, each with their own setup and security protocols, as well as the prerequisite for users to understand network-specific configurations and token standards to interact with and manage assets across different blockchains effectively. Bitget Wallet’s integration eliminates these barriers by offering a seamless, one-click solution to access and manage testnet activities directly from the wallet interface. Additionally, this update allows for more efficient asset management and safer interaction with DApps, empowering users to transfer assets effortlessly and engage with the decentralized ecosystem with enhanced security. Such functionalities are crucial as they provide the stability and reliability needed for digital asset transactions and integrations. The integration of the Babylon Testnet is the latest in a series of strategic moves by Bitget Wallet to solidify its position as a leader in the Web3 space. Earlier this year, Bitget Wallet surpassed MetaMask in transaction volume with a record 1.4 million Swap transactions in late March 2024. The platform has since forged collaborations with over 70 Web3 projects, emphasizing a commitment to mutual growth and ecosystem enhancement. These partnerships are aimed at weaving a tighter network of services and support around the Bitget community, providing users with access to a wide range of Web3 functionalities directly from their crypto wallet. On top of this, Bitget Wallet has also announced the impending launch of its official platform token, BWB, to bolster its future roadmap and reward its users: “ We are introducing the BWB token, Bitget Wallet’s native ecosystem token, to attract new users and foster collaborations within our ecosystem,” says Alvin Kan, COO at Bitget Wallet. “ The latest integration of the Babylon Testnet is a testament to this commitment, as we believe that collaborations just like this will further amplify our reach and impact on the global stage.” This latest development with Babylon forms another step in Bitget Wallet’s goal towards providing users with convenient and robust access to the world of Web3. Where previously less accessible to users, Web3 services such as Bitcoin staking are now made easier through this collaboration, underscoring the wallet’s efforts in realizing the potential of Web3 for its users. About Bitget Wallet Bitget Wallet is Asia's largest and a leading global Web3 wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on nearly 50 blockchains. For more information, users can visit: Website | Twitter | Telegram | Discord Contact Details Bitget Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

May 06, 2024 06:52 AM Eastern Daylight Time

Warren Buffett Sued by Shareholder Who Was Arrested at 2023 Shareholders’ Meeting for Raising Bill Gates/Jeffrey Epstein Issue

NLPC

National Legal and Policy Center (NLPC) has filed a federal lawsuit in Omaha against Berkshire Hathaway and its Chairman, Warren Buffett. The lawsuit, seeking monetary damages, stems from actions taken by the company during last year's shareholders’ meeting where NLPC Chairman Peter Flaherty raised the issue of the reputational risk to the company posed by Buffett holding the posts of both Chairman and CEO. Flaherty cited Buffett’s strong public identification with Bill Gates, and Gates relationship with Jeffrey Epstein. Flaherty had his microphone cut, was ejected from the arena and was arrested. Charges against Flaherty were quickly dropped by the local prosecutor. Flaherty is scheduled again to speak tomorrow at the Berkshire shareholder’s meeting in support of NLPC's proposal that Berkshire disclose the risks of its investments in China. Click here for the Complaint. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

May 03, 2024 04:53 PM Eastern Daylight Time

Hornet Corporation Announces New Investment Opportunities With Innovation and Excellence in Oil & Gas Sector.

Hornet Corporation

Hornet Corporation, an organization deeply rooted in the dynamic world of oil and gas that fervently champions innovation, sustainability, and excellence at every turn of its operations, announces new opportunities in the industry for accredited investors. Ronald “Ron” C. Filer, a seasoned industry veteran and a proud resident of Hendersonville, Tennessee, brings over 20 years of invaluable experience in the energy sector to his role as the Chief Operating Officer at Hornet Corporation. A dedicated family man passionate about the oil industry, Filer is deeply resolute in guiding Hornet Corporation's strategic initiatives and investment ventures. Filer is well-known for his commitment to integrity and building strong partnerships as he fuels Hornet Corporation's efforts to remain a cornerstone of energy development in the Appalachian Basin. Investing in oil drilling projects entails inherent risks, such as dry holes. Filer and Hornet Corporation don't shy away from this as they acknowledge this reality, exclusively partnering with accredited investors who understand the industry complexities while recognizing the unique potential opportunity for significant revenue with substantial tax advantages associated with the oil and gas industry. Filer's mission is reflected in his approach to working with each accredited investor. He provides every qualified accredited investor with the knowledge and ethical insights needed to help make informed decisions while diversifying their portfolio in a way that works best for them. Through these exclusive live webinar events, Flier will provide streamlined information to accredited investors about Hornet's investment opportunities. Investing in oil and gas offers investors the potential for attractive revenue(s) driven by factors such as global demand and technological advancements in extraction methods. As economies continue to grow, the demand for petroleum products seems to increase significantly, including the use of oil directly and indirectly in producing alternative energy sources. This steady demand can translate into recurring revenue for sophisticated, accredited investors through partnering with companies like Hornet Corporation in its oil and gas drilling opportunities. Moreover, investing in oil and gas can offer significant tax advantages. One of the most prominent tax benefits is the ability to deduct intangible drilling costs (IDCs). These costs include expenses related to drilling, such as labor, fuel, and supplies. The IRS Tax Code allows investors to deduct a significant portion of these costs in the year they are incurred, providing immediate tax relief and potentially reducing taxable income. Filer points out that these breaks are frequently unknown to many investors, including the investor's tax professional. There are further tax breaks related to oil and gas investing, such as depletion allowance and other optional advantages. Direct investing in oil and gas drilling ventures can provide opportunities for tax-deferred income through partnerships or direct participation programs. "Through dedication and a thorough understanding of the oil and gas sector, we foster collaborative and informed engagements with our accredited investors. Our focus on integrity and strong partner relationships ensures that we develop long-lasting relationships with our investors," says Filer. As Hornet Corporation continues to forge ahead in its pursuit of exploring, drilling, developing, and finding big oil, investors have peace of mind knowing they are in capable hands. To learn more about these live webinar events and partnering with Hornet Corporation, please visit https://www.hornetcorp.com/. Hornet Corporation, a strategic leader in the private oil and gas industry, boasts decades of robust experience navigating the complexities of commodity-based markets with resilience and strategic insight. Its hands-on approach eliminates middlemen, enhancing seamless partnerships and fostering strong, transparent relationships. Hornet Corporation, also known as the "Boom Maker," is undoubtedly dedicated to advancing the industry and enriching the communities we serve. Contact Details R Public Relations Madison Baber +1 210-213-2426 madison@rprfirm.com Company Website https://www.hornetcorp.com/

May 03, 2024 03:30 PM Eastern Daylight Time

$BOBE Introduces New Crypto Facilities for Elite World of Memes and Wealth

BOBE

$BOBE is an emerging crypto platform. In the recent development, the company has launched a new sensation in the world of digital currency, designed to transform the meme culture and catapult its users into an avenue of opulence and exclusivity. Positioned as more than just a token, $BOBE represents a golden ticket to an elite club where only the wealthiest—in spirit and ambition—dare to mingle. With its focus to enhance status and indulge in a world where memes reflect a lifestyle of luxury, $BOBE beckons future billionaires to join the ranks of the elite and leave behind the mundane for the extraordinary. At the heart of $BOBE's allure lies its ability to transform the meme game into a playground for the affluent, $BOBE aspires to become a symbol of wealth and humor intertwined. It is offering its users a successful path where they can eliminate the mediocrity. As $BOBE gains traction, it signals a shift in meme culture, ushering in an era where indulgence and wealth converge in a space reserved for the privileged few. $BOBE provides following services for its financially ambitious clients: Develop Memes: Only the wealthiest-looking memes make the cut. It helps to create the meme that oozes opulence with immortalized on the blockchain. No Brokies Allowed Tokenomics. Total Supply: A pristine 100 million $BOBE, because exclusivity is its mantra. Liquidity Pools: People can dive into the deep end where the big fish swim, with 100% of the supply up for grabs. Mint and Freeze: The Company set it and forget it. The wealth is in the memes. Gallery of Fortunes: Explore a curated collection of the most extravagant memes. Each piece could be the ticket to success. $BOBE offers a fresh opportunity to immerse oneself in a world where only the most affluent memes thrive. This isn't just about digital currency; it's about securing a coveted spot among the meme elite. As $BOBE continues to carve its path in the meme culture landscape, now is the time to act and secure one's place in this exclusive community of wealth and hilarity. Top of Form Potential crypto enthusiasts can visit following links for more information about the updates Telegram: https://t.me/BOBECOINCOMMUNITY Twitter: https://twitter.com/bookofbilliesol Website: https://bobecoin.com/ Contact Details Syera Syailendra BOBE admin@bobecoin.com Company Website https://bobecoin.com/

May 03, 2024 03:24 PM Eastern Daylight Time

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News Release

Chesapeake Financial Shares Reports Strong First Quarter 2024 Earnings

Chesapeake Financial Shares Inc

Chesapeake Financial Shares Chairman and CEO Jeff Szyperski joined Steve Darling from Proactive to reveal impressive earnings for the first quarter of 2024, demonstrating a remarkable 303.9% increase from the fourth quarter of 2023. The company reported earnings of $2,749,988, with earnings per share reaching $0.583 fully diluted, compared to $0.192 for the previous quarter. These results reflect the company's efforts to fortify its balance sheet and enhance stability. Syzperski highlighted the company's robust financial position, with total assets reaching $1,511,866,477 by the end of the quarter, representing a $40.8 million increase from year-end. Moreover, the company's nonperforming assets stood at 0.187% as of March 31, 2024, down from 0.255% in the fourth quarter of 2023. The success can be attributed to Chesapeake Financial Shares' specialty lines of business, particularly Chesapeake Payment Systems and Flexent, which have consistently delivered strong noninterest income, bolstering the company's earnings. These segments have demonstrated resilience and contributed to the company's overall financial strength. With a focus on sustaining this positive momentum, Chesapeake Financial Shares remains committed to delivering value to its shareholders and stakeholders while maintaining a solid financial foundation. Contact Details Proactive USA +1 347-449-0879 na-editorial@proactiveinvestors.com

May 03, 2024 01:40 PM Eastern Daylight Time

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ETAO Announces Receipt of a Deficiency Notice from Nasdaq

Etao International Co., Ltd.

New York, NY, May 3rd, 2024 - ( 500NewsWire ) -- ETAO International Co., Ltd. (NASDAQ:ETAO) (“ ETAO ” or the “ Company ” ), a digital healthcare company providing medical care services, announced today that received a deficiency notice from Nasdaq that the Company is not in compliance with the $2,500,000 minimum stockholders’ equity listing requirement set forth in Rule 5550(b)(1) because its Form 6-K for the period ended June 30, 2023 filed with the SEC on March 8, 2024, reported stockholders’ equity of $1,532,492. Additionally, as of the date of this Report, the Company does not meet the alternative Nasdaq continued listing standards under Nasdaq Listing Rules. The Nasdaq Hearings Panel (the “ Panel ”) will consider this matter in their decision regarding the Company’s continued listing on The Nasdaq Capital Market. Pursuant to Rule 5810(d), the Company is required to present its views with respect to this additional deficiency to the Panel in writing no later than May 3, 2024. In the event the Company does not address this issue, the Panel will only consider the record as presented at the hearing and will make its determination based upon that information. About ETAO International Group ETAO International Group, a Cayman Islands company, aims to be the leading digital healthcare group providing telemedicine, hospital care, primary care, pharmacy, and health insurance covering all life stages of patients. ETAO became a public company listed in Nasdaq through merging with Mountain Crest Acquisition Corp. III (MCAE) on Feb 21, 2023. "ETAO" brand means "Best Medical Way" with transformative medical care and unparalleled service. ETAO aims to provide best-in-class internet medical services, such as artificial intelligence and big data technologies, to improve health care delivery and quality in specialized clinics and hospital settings. ETAO's is in the process of building a platform that is seamlessly integrated based on its ability to combine technology and health sciences. Contact Details Wilson Liu +1 347-306-5134 wilson.liu@etao.world Company Website https://www.etao.world/

May 03, 2024 01:34 PM Eastern Daylight Time

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Older Americans Are Facing a Loneliness Crisis:

YourUpdateTV

Media tour conducted to discuss how AmeriCorps Seniors can help by fostering connections and providing purpose. A video accompanying this announcement is available at: https://youtu.be/dcH7-VsQaYQ Older adults are especially vulnerable to loneliness and social isolation, which can have a serious effect on health, according to a recent report issued by the U.S. Surgeon General. Chronic loneliness (persistent feelings of isolation and/or a lack of companionship) can adversely affect mental, cognitive, and physical health, general well-being and even longevity. However, there are ways to overcome loneliness and volunteering might be the answer. AmeriCorps Seniors is helping older adults form connections in their community, provide purpose and improve their lives through volunteering. After two years of volunteering with AmeriCorps Seniors, 78% of those who reported more than five symptoms of depression at the beginning of the study said that they felt less depressed two years later. 88% of those who first described a lack of companionship said they felt less isolated after two years. AmeriCorps is the federal agency for national service and volunteerism. AmeriCorps Seniors focuses on engaging adults ages 55 and up in service in their local communities. Through three signature programs, R-S-V-P, the Foster Grandparent Program and the Senior Companion Program, AmeriCorps Seniors provides a space for older adults to take charge of this moment in life and use their time in impactful ways. Each year, AmeriCorps Seniors matches more than ONE HUNDRED FORTY THOUSAND Americans with service opportunities. For example, Shelley Brosnan, a volunteer with AmeriCorps Seniors RSVP through Volunteer Fairfax, Fairfax, Va., said, “Giving back is so very important. I’ve been volunteering for most of my adult life. Volunteering allows me to connect with my community and make it a better place. I also love the social aspects and meeting people who share my interests. We have a chance to help others and form new relationships, which has grown my social circle.” RSVP offers flexible scheduling and a diverse mix of opportunities. The Foster Grandparent Program pairs volunteers with children and youth in mentoring and tutoring relationships. Lastly, the Senior Companion Program provides a helping hand to other older adults and those with disabilities. They also support caregivers through respite services. For more information and to find volunteer opportunities near you, visit AMERICORPS.GOV/YOURMOMENT. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 03, 2024 01:01 PM Eastern Daylight Time

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