Oracle Advances National Security with New Sovereign, Air-Gapped Cloud Offering
Prnewswire· 2025-06-17 06:03
Core Insights - Oracle has launched Oracle Compute Cloud@Customer Isolated, a secure cloud service designed for governments and regulated industries to manage classified workloads and ensure mission success [1][2] - The service allows organizations to maintain data sovereignty and security while leveraging cloud and AI technologies, providing flexibility for deployment in various locations [2][3] - Oracle Compute Cloud@Customer Isolated can be deployed quickly, with options for a Fast-Start path that enables on-premises setup within six to eight weeks [3][4] Group 1 - Oracle Compute Cloud@Customer Isolated is tailored for defense, intelligence, telecommunications, and healthcare sectors, focusing on minimizing attack risks and adhering to strict regulations [1][2] - The service offers comprehensive compute, storage, and networking capabilities similar to Oracle Compute Cloud@Customer, facilitating AI innovation and operational efficiency [2][3] - The deployment can be scaled from a single rack to a hyperscale, air-gapped Oracle Cloud Isolated Region, ensuring comprehensive control and data sovereignty [3] Group 2 - Fujitsu Defence and National Security emphasizes the importance of Oracle Compute Cloud@Customer Isolated in providing secure, isolated environments that support mission-critical operations [4] - The global availability of Oracle Compute Cloud@Customer Isolated is expected later this year, expanding its reach to various sectors [4]
State Street: Offering Resilience Against Macro Uncertainty
Seeking Alpha· 2025-06-17 06:02
Group 1 - State Street (NYSE: STT) has shown reasonable performance since November, with fee revenue increasing at a decent rate [1] - The company has effectively managed costs, contributing to its overall financial health [1] - A long-term, buy-and-hold investment strategy is favored, particularly for stocks that can consistently deliver high-quality earnings [1] Group 2 - The article does not provide any specific investment recommendations or advice regarding the suitability of investments for particular investors [2][3]
Oracle and Nextcloud Deliver Collaboration Capabilities to Governments and Enterprises
Prnewswire· 2025-06-17 06:02
Core Insights - Oracle and Nextcloud have partnered to deploy Nextcloud Hub on Oracle Cloud Infrastructure (OCI), enhancing collaboration capabilities for government and enterprise customers with strict security requirements [1][2][3] Group 1: Partnership and Product Offering - The partnership aims to provide Nextcloud Hub, an open-source content collaboration platform, on OCI, allowing customers to utilize it across various sovereign cloud solutions [1][2] - Nextcloud Hub will offer automated scaling, robust security features, and predictable pricing to meet real-time user demand [2] - Government and enterprise customers will have access to a full suite of Nextcloud products in a secure, hyperscale cloud environment that adheres to data privacy and sovereignty requirements [2][3] Group 2: Security and Compliance Features - OCI's sovereign cloud solutions include dedicated infrastructure for physical and logical isolation, independent control planes for operational separation, and customer-managed encryption for data security [5] - The cloud framework complies with international and regional standards such as FedRAMP High and PCI DSS, ensuring regulatory compliance for customers [5] Group 3: Nextcloud Hub Features - Nextcloud Hub includes various tools such as Nextcloud Files for secure file sharing, Nextcloud Talk for communication, Nextcloud Groupware for integrated email and task management, and Nextcloud Office for real-time document collaboration [6] - Additional features include Nextcloud Assistant for task automation and Nextcloud Flow for workflow automation [6] Group 4: Company Background - Nextcloud is recognized as the world's most popular privacy-focused collaboration platform, utilized by numerous organizations and individuals to maintain control over sensitive data [7][8] - Founded in 2016, Nextcloud is fully employee-owned and has experienced organic growth since its inception [8]
Oracle and Metron Strategic Alliance Accelerates Defense Decision Superiority
Prnewswire· 2025-06-17 06:01
Core Insights - Oracle has formed a strategic alliance with Metron to develop scalable decision support solutions for multi-domain operations, enhancing the capabilities of defense organizations in making swift, informed decisions based on data insights [1][2][4] - The collaboration aims to improve the OODA (observe, orient, decide, and act) loop for defense organizations, allowing them to outpace adversaries [1][2] - Metron brings over 40 years of experience in innovation and field-ready applications, particularly in advanced decision-aid technologies for the U.S. Department of Defense and the Department of Homeland Security [3] Company Contributions - Oracle's Cloud Infrastructure (OCI) provides a high-performance, cost-effective platform for Metron's decision support technology, enhancing data security and resilience across battlefield networks [1][4] - Metron's focus on solving national security challenges aligns with Oracle's commitment to helping defense organizations gain insights from their data to detect and deter threats [2][3] - The partnership is expected to deliver transformative solutions that enhance situational awareness, decision advantage, and mission effectiveness for defense customers [4] Strategic Goals - The collaboration aims to enable customers to identify targets sooner, decide faster, and execute more effectively in defense operations [4] - Both companies emphasize the importance of protecting national interests while also being cost-effective for taxpayers [4]
2025 Venture Awards Celebrate Startups Partnering with Stellantis to Enhance Customer Experience
Globenewswire· 2025-06-17 06:01
Core Insights - Stellantis N.V. has recognized six startup partners and two startups from Stellantis Ventures with its fourth annual Venture Awards, highlighting innovations that enhance customer experience in mobility [1][2] Group 1: Award Winners and Focus Areas - The 2025 Venture Awards honored startups in three categories: CARE, TECH, and VALUE, focusing on their innovation, tangible results, and scalability [2][6] - Notable winners include: - **CARE**: - NetZero (France) for biochar production that improves soil quality and reduces synthetic fertilizer use [2] - Trashin (Brazil) for sustainable waste management and circular economy solutions [3] - **TECH**: - Ample (United States) for a modular battery-swapping system that charges in under five minutes [3] - Hive Power (Switzerland) for its FLEXO optimization platform for EVs [4] - HMDrive (Italy) for augmented reality driving experiences [4] - **VALUE**: - Dexory (United Kingdom) for AI-powered warehouse operations [5] - Cloud Ace (Japan) for driving digital transformation through cloud platforms [5] - GOMECANO (France) for on-demand mobile repair services [5] Group 2: Stellantis' Approach to Innovation - Stellantis has signed over 250 partnership contracts with startups in the past four years, promoting innovation through scalable solutions [7] - Stellantis Ventures, with an initial investment of €300 million, targets early- and later-stage startups developing innovative technologies in the automotive sector [8] Group 3: Upcoming Events - Stellantis Ventures will showcase award-winning startup innovations at MOVE 2025, a major mobility tech event in London on June 18-19 [9]
Pulsar Helium Announces Update for Jetstream Well Testing Program at Topaz, Minnesota
Globenewswire· 2025-06-17 06:00
Core Viewpoint - Pulsar Helium Inc. is set to commence a well clean-up and flow testing program for its Jetstream 1 and 2 wells at the Topaz Project in Minnesota, aiming to enhance production potential and provide significant data insights [1][5]. Well Testing Program - The initial phase involves a clean-up to remove drill fines from the wellbore, which is crucial for effective testing [2]. - The clean-up will utilize coil tubing from a truck-mounted unit, avoiding the need for a drill rig, and will involve a treatment of water, nitrogen, and NSF 60 compliant additives [3]. Testing Phases - After the clean-up, pressure and flow testing will be conducted on both wells, with laboratory samples collected for analysis. Results will be shared with the market as they are verified [4]. Project Details - The Topaz Project is located in northern Minnesota, where Pulsar holds exclusive leases. The Jetstream 1 well has reached a total depth of 5,100 feet (1,555 meters) and has shown helium concentrations of up to 14.5%, significantly above the economic threshold of 0.3% [6]. - The Jetstream 2 well was completed at a total depth of 5,638 feet (1,718 meters), marking a critical step in addressing the growing global demand for helium [6].
Telstra and Nokia partner to unlock network APIs for developers and enterprises
Globenewswire· 2025-06-17 06:00
Core Insights - Telstra and Nokia have announced a collaboration to provide developers with secure access to network APIs, aimed at building smarter applications for enterprises and industries [1][2][6] - The partnership will focus on real-world use cases, including network traffic management during large events and improving network observability [3][4] - Telstra's strategy, Connected Future 30, emphasizes 'Network as a Product,' aiming to enhance connectivity capabilities and create new business models [4][5] Collaboration Details - Telstra's muru-D Labs will offer access to live and simulated network APIs on Nokia's Network as Code platform, facilitating application development [2][10] - The initiative includes a local hackathon for developers to experiment with network APIs in a sandbox environment [6] - Nokia's network automation solutions will support scalable API enablement, providing developers with on-demand access to programmable network capabilities [7][8] Industry Impact - The collaboration aims to deepen Telstra's integration into developer ecosystems, offering greater choice and flexibility for application creation [8] - Nokia's Network as Code platform has expanded to over 50 partners, enhancing the range of network enablement options available to developers [9] - The partnership supports Telstra's vision of a software-defined, programmable network, aligning with industry trends towards digital innovation [6][10]
Orion and Glykos announce the extension of their research collaboration and licensing agreement for the development of next-generation ADCs
Globenewswire· 2025-06-17 06:00
ORION CORPORATION PRESS RELEASE 17 JUNE 2025 at 9.00 EEST Orion and Glykos announce the extension of their research collaboration and licensing agreement for the development of next-generation ADCs Orion Corporation and Glykos Finland Oy today announced that they have extended their research collaboration and licensing agreement for the development of next-generation antibody-drug conjugates (ADCs). Under the extended agreement, Orion gains access to Glykos’ proprietary ADC technologies with the potential ...
HighCo: EXCLUSIVE NEGOTIATIONS WITH SMP TO ACQUIRE ITS PROMOTION (SOGEC) AND MARKETING (BUDGETBOX) ACTIVITIES
Globenewswire· 2025-06-17 06:00
Aix-en-Provence, 17 June 2025 (8.00 a.m.) HIGHCO: EXCLUSIVE NEGOTIATIONS WITH SMP SAS TO ACQUIRE ITS PROMOTION (SOGEC) AND MARKETING (BUDGETBOX) ACTIVITIES HighCo announces that it has entered exclusive negotiations with SMP SAS, a subsidiary of Groupe La Poste, over the acquisition of certain businesses offering promotional marketing solutions. As part of this deal, SMP SAS would sell the promotion execution and management businesses sold under the Sogec brand, as well as its retail media subsidiary Budget ...
Virtualware will uplist on Euronext Growth Paris on June 19, following market approval
Globenewswire· 2025-06-17 05:55
Core Insights - Virtualware is set to uplist to Euronext Growth Paris on June 19, 2025, under the ticker ALVIR, following approval from the exchange's admission committee [1] - The uplisting aims to enhance market liquidity, diversify the investor base, and provide access to new financing instruments [1][3] - The company went public via a direct listing on Euronext Access in April 2023, with an initial valuation of €27 million [2] Financial Performance - Virtualware reported a 91% increase in full year 2024 EBITDA, reaching €808,000, while pre-tax profit surged 1712% to €598,000 [3] - The financial net debt to EBITDA ratio was 0.5 times at the end of 2024 [4] - Subscription-based services contributed 41% of total revenue, with VIROO XRaaS revenue growing from €590,555 in 2022 to €1,725,719 by the end of 2024, marking a 192% increase over two years [4] Market Position and Strategy - Virtualware has experienced a 35% increase in share value since its initial listing in 2023, with a current market capitalization of €36.79 million [6] - The company acquired Swedish firm Simumatik in October 2024, enhancing its capabilities in digital twin and simulation technologies, aligning with its three-year Strategic Plan [8] - The Strategic Plan includes expansion into North America and focuses on channel-based organic growth and inorganic acquisitions [8] Client Base and Industry Impact - Virtualware's client portfolio includes major companies and institutions such as GE Vernova, Petronas, Volvo, and various universities and government entities [7] - The company is recognized as a leader in immersive and 3D technology solutions, responding to the growing global demand for real-time 3D enterprise solutions [2][7]