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Amid Trump's FEMA phase-out, disasters make stark the need for federal help
MSNBC· 2025-07-09 05:01
The reality is that Trump doesn't think natural disasters should be his problem at all. I mean, from the very first week of his new term, Trump has proposed getting rid of FEMA altogether, just eliminating it. Cuz in Trump's view, the federal government shouldn't have to deal with emergencies.That task should be left to the states. And as he sees it, the only role he should really play here is being the point person on whether states get anything from the federal government at all. He loves to have that pow ...
Genasys (GNSS) Earnings Call Presentation
2025-06-25 11:26
Company Overview - Genasys has a market capitalization of $150 million, with $14 million in cash and $15 million in debt as of December 31, 2024[7] - The company estimates a total addressable market (TAM) of $5.5 billion[7] - Genasys Protect platform is used in over 100 countries worldwide[7] Recent Contracts and Projects - Genasys received over $10 million in cash deposits for the first two approved groups of Puerto Rico dams[13] - FEMA approved over $41.3 million for the construction phase of the Early Warning System (EWS) for 17 dams in 12 municipalities in Puerto Rico[16] - The Puerto Rico Early Warning System (EWS) project is fully funded by FEMA for $94.3 million[17] CROWS EOF Program - The FY24 DOD Appropriations Bill added $20 million to the CROWS program ($5 million for RDT&E and $15 million for Procurement)[25] - Tech Feasibility Study phase II cost $950K[25] California Market - Genasys Protect covers 25 million of California's 39.5 million population[32] - Genasys Protect is used in 36 of California's 58 counties[32]