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Arqit Joins Oracle Defense Ecosystem
GlobeNewswire News Room· 2025-06-17 13:41
Core Viewpoint - Arqit Quantum Inc. has been selected as a member of the Oracle Defense Ecosystem, a global initiative aimed at enhancing defense and government technology innovation, particularly in the context of cybersecurity and quantum-safe encryption [1][2]. Group 1: Company Overview - Arqit is recognized for its pioneering role in securing mission-critical infrastructure against advanced cyber threats, including those from quantum computing [2]. - The company offers a unique encryption software service that secures communications links of networked devices against current and future forms of attack, including from quantum computers [8]. - Arqit's Symmetric Key Agreement Platform (SKA-Platform™) is designed to protect data in motion, in process, and at rest, and is compatible with NSA standards [8]. Group 2: Oracle Defense Ecosystem - The Oracle Defense Ecosystem aims to provide a commercial foundation for joint innovation, allowing members to collaborate on defense technology solutions [3][5]. - Members of the ecosystem can access Oracle's sales support, cloud marketplace, and compliance frameworks to enhance their offerings and streamline operations [6][11]. - The initiative includes resources for cybersecurity compliance, training, and access to Oracle's extensive customer base, which serves hundreds of thousands of clients globally [6][11]. Group 3: Strategic Positioning - Arqit's participation in the Oracle Defense Ecosystem positions the company to expand its technology deployment into new markets and alliances [4]. - The CEO of Arqit emphasized that joining the ecosystem aligns with the company's mission to deliver quantum-safe security critical for defense capabilities [5]. - The collaboration is expected to enhance Arqit's ability to address the evolving challenges in the global security landscape [1][2].
LogicMark, Inc. Appoints Jeffrey Durkin as Senior Vice President of Sales to Drive Strategic Growth in the Care Economy and Personal Safety Markets
Globenewswire· 2025-06-17 13:00
LOUISVILLE, Ky, June 17, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (the "Company"), a provider of personal emergency response systems (PERS), health communication devices, and technology for the growing safety and care economy, announced the appointment of Jeffrey Durkin, as Senior Vice President of Sales effective June 23, 2025. Mr. Durkin previously held sales and marketing roles with InfoMC, Casenet, InstaMed, HMS, and Allscripts. He holds a Master of Business Administration from Anna Maria College and a ...
Buy 5 Gold Stocks for Near-Term Gains on Rising Geopolitical Conflicts
ZACKS· 2025-06-17 12:46
Industry Overview - Gold prices have been on an upward trend, influenced by geopolitical tensions in the Middle East and ongoing conflicts in Ukraine, which have increased demand for gold as a safe-haven investment [1][2] - The World Gold Council indicates a scarcity of gold deposits in the mining industry, while central banks in emerging economies continue to purchase gold, further driving demand [4] - Major investment banks like Goldman Sachs and JP Morgan predict gold prices could reach $4,000 per ounce by 2026, indicating a bullish outlook for the gold market [5] Company Highlights Franco-Nevada Corp. (FNV) - FNV is expected to achieve a 39.6% earnings growth in 2025, with a 3.7% increase in earnings estimates over the last 30 days [8][11] - The company has a debt-free balance sheet and focuses on expanding its portfolio and paying dividends, benefiting from rising gold prices [10] - Expected revenue growth rate for FNV is 32.2% for the current year [11] Newmont Corp. (NEM) - NEM is progressing with growth projects, including the Tanami expansion and the Ahafo North project, which is set to begin commercial production in the second half of 2025 [12][13] - The company has an expected revenue growth rate of 2% and earnings growth rate of 20.1% for the current year, with a 6.6% improvement in earnings estimates over the last 30 days [13] Kinross Gold Corp. (KGC) - KGC is focusing on organic growth through its Tasiast mine and has several promising projects that are expected to enhance production and cash flow [14][15] - The company anticipates a 15.3% revenue growth and a 63.2% earnings growth for the current year, with a 6.7% increase in earnings estimates over the last 30 days [16] AngloGold Ashanti plc (AU) - AU operates in multiple regions and has a flagship property in Tanzania, with an expected revenue growth rate of 51.1% and earnings growth of over 100% for the current year [17][18] - The Zacks Consensus Estimate for current-year earnings has improved by 41.1% over the last 30 days [18] Harmony Gold Mining Co. Ltd. (HMY) - HMY is advancing key projects like the Wafi-Golpu copper-gold deposit and the Eva Copper project, which are expected to enhance production significantly [19][20] - The company has an expected revenue growth rate of 1% and earnings growth of over 100% for the current year, with a 22.2% improvement in earnings estimates over the last 30 days [21]
Tech could be a safe haven amid geopolitical uncertainty, say ETF experts
CNBC Television· 2025-06-16 21:40
I'm going to address the both of you guys again. Let's back up and talk about tech investing more broadly in the context of what else has been dominating the markets, which is this rapidly changing geopolitical landscape. Todd, I'll go to you for this one.We've seen a good amount of volatility around some of the recent developments on the geopolitical front, specifically when it comes to conflict in the Middle East. It has been jarring for sure, but interestingly enough uh not as jarring from a straight qua ...
How to Build Trustworthy AI — Allie Howe
AI Engineer· 2025-06-16 20:29
Trust is a multifaceted outcome that results when product and engineering teams work together to build AI that is aligned, explainable, and secure. Learn strategies for how to build trustworthy AI and why trust is paramount for AI systems. Trustworthy AI = AI Security + AI Safety Learn about the differences between AI Security and AI Safety and how the three focus areas of MLSecOps + AI Red Teaming + AI Runtime Security can help you achieve both and ultimately build Trustworthy AI. Trustworthy AI Issues in ...
Sarepta's gene therapy medicine kills patient, CEO suspends full year guidance
CNBC Television· 2025-06-16 15:11
We've got a number of downgrades as you might expect of Serepta today. This after the death of a second patient who received the company's gene therapy to treat Duchaine's muscular drophy. Angelica Peebles is here.She has more on the story for us. Angelica. Morning David.That's right. Surf is saying a 15-year-old who received the company's gene therapy. It's called Elevus dying from liver failure.And this is the second instance in just a matter of months. The other patient was a 16-year-old boy. And both of ...
U.S. Transportation Secretary Sean Duffy on Air India crash
CNBC Television· 2025-06-16 14:20
So, we've sent an NTSB team, FAA team over to provide assistance to the Indians. Um, and again, data is pulled from from the engines in the airplane uh as the flight departs. If there was an indication that there was anything wrong with the with with the Dreamland or the 787, we would actually take significant action.Um, we don't have that. So, we're going to wait for the data to come in and we'll uh we'll see what happened on that flight. Uh, we have we have the black boxes, so that's going to be analyzed. ...
Southwest Airlines is adding cockpit alerts on all 700 of its Boeing 737s to help prevent runway incidents
Business Insider· 2025-06-16 13:13
Core Viewpoint - Southwest Airlines is implementing advanced cockpit alert systems across its Boeing 737 fleet to enhance safety and prevent runway errors, reflecting a commitment to pilot and passenger safety [1][4][9] Group 1: Technology Implementation - The airline has equipped over 700 aircraft with SmartRunway and SmartLanding software developed by Honeywell Aerospace Technologies [1] - The systems provide real-time visual and audio alerts during critical phases of flight, including taxi, takeoff, and landing [2] - The technology builds on Honeywell's Enhanced Ground Proximity Warning System, which was previously installed on Southwest's aircraft [2] Group 2: Safety Concerns - The new system aims to prevent frequent and potentially catastrophic errors at US airports, highlighted by a near-collision incident in February involving a Southwest jet [3] - Rising air traffic and a series of high-profile close calls have increased interest in the alert system among airlines [7] Group 3: Industry Adoption - While the technology is certified for various Airbus and Boeing aircraft, many airlines have not activated it despite its availability [5][6] - Airlines have the option to activate the technology, which incurs costs but is not mandated [6] - Some airlines, like Alaska Airlines, have adopted the system, while others rely on manufacturer-specific tools [9] Group 4: Regulatory Environment - The decision to implement the system aligns with renewed regulatory focus on runway safety, with an FAA advisory panel recommending mandatory cockpit alert systems for newly built aircraft [8]
HONEYWELL RUNWAY SAFETY TECHNOLOGY SELECTED BY SOUTHWEST AIRLINES FOR FLEETWIDE INSTALLATION
Prnewswire· 2025-06-16 08:00
Core Insights - Honeywell announced that Southwest Airlines is activating its entire Boeing 737 fleet with SmartRunway and SmartLanding software to enhance runway safety [1][2] - The SmartRunway and SmartLanding solutions improve flight crew situational awareness during critical phases of flight, providing alerts for speed, altitude, and runway direction [2][3] - Honeywell's next-generation runway safety technology, Surface Alerts (SURF-A), is under testing and expected to be certified in 2026, further enhancing pilot situational awareness [3] Company and Industry Developments - The partnership between Honeywell and Southwest Airlines is strengthened through the implementation of SmartRunway and SmartLanding, continuing a long-standing collaboration [4] - Southwest Airlines emphasizes safety as a core value, with the new software aimed at providing enhanced situational awareness for pilots [5] - Honeywell Aerospace Technologies offers a wide range of products and services across various aircraft and systems, contributing to safer and more efficient aviation [5][6]
Iran launches missiles into Tel Aviv
CNBC Television· 2025-06-13 19:01
Okay, so we're going to remove that. That graphic was erroneous. These are missiles from Iran into Israel where it is about 9:14 p.m. It just got dark. And that is the Israeli Defense Response, the so-called Iron Dome, shooting anti-missile rockets into the air to intercept and hopefully knock out the incoming Iranian.Remember just a short time ago the Israeli military had told the public to enter a protected space and remain there until further notice. So they were aware that this was coming. There was TV ...