da-kuk Anduril Industries and Palantir Technologies ( PLTR ) are working together to develop the core software for the U.S. “Golden Dome” missile‑defense initiative, The Wall Street Journal reported, citing people familiar with the matter. These companies are part of a broader consortium of defense and technology firms aiming to have the Golden Dome software ready for testing as early as this summ...
da-kuk Anduril Industries and Palantir Technologies ( PLTR ) are working together to develop the core software for the U.S. “Golden Dome” missile‑defense initiative, The Wall Street Journal reported, citing people familiar with the matter. These companies are part of a broader consortium of defense and technology firms aiming to have the Golden Dome software ready for testing as early as this summer. Other companies involved are Aalyria Technologies, AI startup Scale AI ; and software firm Swoop Technologies , according to the report . The companies will be collaborating to build the core software layer of the Golden Dome project—an $185B initiative to build a space-based missile shield designed to counter ballistic, cruise, and hypersonic threats. Anduril Industries is known for autonomous defense systems and AI-driven surveillance platforms. Their expertise lies in sensor fusion, autonomous drones, and battlefield AI. Its founder, Palmer Luckey, had earlier said that he doesn't object to the tighter oversight of defense contractors proposed by President Donald Trump, including potential limits on executive compensation. Palantir Technologies specializes in data integration, analytics, and decision-support software. The company could likely focus on real-time threat detection, tracking, and command-and-control systems. Recently, Deputy Secretary of Defense Steve Feinberg reportedly told Pentagon leaders that Palantir’s ( PLTR ) Maven AI system will become an official program of record. Space Force Gen. Michael Guetlein, who leads the project at the Pentagon, described the software as a “glue layer” designed to help military officers coordinate and manage networks of sensors, radars, and missile systems. After the launch of the Golden Dome software consortium last year, Michael Guetlein brought in established defense contractors, including Lockheed Martin ( LMT ) , Northrop Grumman ( NOC ) , and RTX ( RTX ) , to support development of the system’s operating framewo...
da-kuk Anduril Industries and Palantir Technologies ( PLTR ) are working together to develop the core software for the U.S. “Golden Dome” missile‑defense initiative, The Wall Street Journal reported, citing people familiar with the matter. These companies are part of a broader consortium of defense and technology firms aiming to have the Golden Dome software ready for testing as early as this summ...
da-kuk Anduril Industries and Palantir Technologies ( PLTR ) are working together to develop the core software for the U.S. “Golden Dome” missile‑defense initiative, The Wall Street Journal reported, citing people familiar with the matter. These companies are part of a broader consortium of defense and technology firms aiming to have the Golden Dome software ready for testing as early as this summer. Other companies involved are Aalyria Technologies, AI startup Scale AI ; and software firm Swoop Technologies , according to the report . The companies will be collaborating to build the core software layer of the Golden Dome project—an $185B initiative to build a space-based missile shield designed to counter ballistic, cruise, and hypersonic threats. Anduril Industries is known for autonomous defense systems and AI-driven surveillance platforms. Their expertise lies in sensor fusion, autonomous drones, and battlefield AI. Its founder, Palmer Luckey, had earlier said that he doesn't object to the tighter oversight of defense contractors proposed by President Donald Trump, including potential limits on executive compensation. Palantir Technologies specializes in data integration, analytics, and decision-support software. The company could likely focus on real-time threat detection, tracking, and command-and-control systems. Recently, Deputy Secretary of Defense Steve Feinberg reportedly told Pentagon leaders that Palantir’s ( PLTR ) Maven AI system will become an official program of record. Space Force Gen. Michael Guetlein, who leads the project at the Pentagon, described the software as a “glue layer” designed to help military officers coordinate and manage networks of sensors, radars, and missile systems. After the launch of the Golden Dome software consortium last year, Michael Guetlein brought in established defense contractors, including Lockheed Martin ( LMT ) , Northrop Grumman ( NOC ) , and RTX ( RTX ) , to support development of the system’s operating framewo...
Edward Moncreiffe, Insurance CEO at HSBC Group, says he's been seeing a lot of "new money" coming in as clients look to de-risk. He also discusses HSBC insurance's exposure to private credit on "Bloomberg: The China Show." (Source: Bloomberg)
Edward Moncreiffe, Insurance CEO at HSBC Group, says he's been seeing a lot of "new money" coming in as clients look to de-risk. He also discusses HSBC insurance's exposure to private credit on "Bloomberg: The China Show." (Source: Bloomberg)
A fire was being contained at Russia’s Ust-Luga port on Wednesday after 56 drones were destroyed over the Leningrad region, local governor Alexander Drozdenko said, the latest strike on the country’s oil export infrastructure. The roof of a residential building was also damaged in Vyborg and air defenses were continuing to repel the attack, Drozdenko said on Telegram. Ust-Luga is one of Russia’s l...
A fire was being contained at Russia’s Ust-Luga port on Wednesday after 56 drones were destroyed over the Leningrad region, local governor Alexander Drozdenko said, the latest strike on the country’s oil export infrastructure. The roof of a residential building was also damaged in Vyborg and air defenses were continuing to repel the attack, Drozdenko said on Telegram. Ust-Luga is one of Russia’s largest oil export terminals on the Baltic Sea and a key hub for crude and refined product shipments, while nearby Vysotsk, close to Vyborg, hosts Novatek PJSC’s Cryogas-Vysotsk LNG plant. The latest attack follows the March 23 drone strike that caused disruptions at the Russian Baltic port of Primorsk, where crude and diesel loadings were suspended. That strike contributed to at least a 36-hour hiatus in cargo loadings, according to shipping information seen by Bloomberg. Primorsk and Ust-Luga are Russia’s main western oil export hubs, and any sustained disruption there would add to strains on global supply as Brent oil trades near $100 a barrel due to the Iran war and severe disruption to flows through the Strait of Hormuz. In total, air defense forces shot down 389 Ukrainian drones over Russian regions overnight, the Russian Ministry of Defense said, one of the largest numbers in recent months.
undefined War risk insurance for ships crossing the Strait of Hormuz has surged in cost and become intermittently unavailable after a conflict involving the U.S., Israel and Iran began in late February, disrupting global shipping. Premiums for a single transit have risen from about 0.25% of a vessel’s value before the conflict to as high as 4%–10%, while insurers at times withdraw quotes entirely,...
undefined War risk insurance for ships crossing the Strait of Hormuz has surged in cost and become intermittently unavailable after a conflict involving the U.S., Israel and Iran began in late February, disrupting global shipping. Premiums for a single transit have risen from about 0.25% of a vessel’s value before the conflict to as high as 4%–10%, while insurers at times withdraw quotes entirely, industry participants told Caixin.
American No 4 seed beats Belinda Bencic 6-3, 1-6, 6-3 in quarter-final Gauff next faces 13th seed Karolína Muchová for a place in final Coco Gauff may be struggling with an unfamiliar arm injury, indifferent form and the pressure of attempting to transform her serve with the entire tennis world watching, but the one quality that will never evade her is her fighting spirit. Under far from ideal cir...
American No 4 seed beats Belinda Bencic 6-3, 1-6, 6-3 in quarter-final Gauff next faces 13th seed Karolína Muchová for a place in final Coco Gauff may be struggling with an unfamiliar arm injury, indifferent form and the pressure of attempting to transform her serve with the entire tennis world watching, but the one quality that will never evade her is her fighting spirit. Under far from ideal circumstances, Gauff’s mental toughness continues to guide her through the Miami Open draw and to her best ever result at her hometown tournament. She navigated a path into the semi-finals for the first time in her career with an arduous 6-3, 1-6, 6-3 win over Bencic. Continue reading...
Earnings Call Insights: Intrusion Inc. (INTZ) Q4 2025 Management View CEO Anthony Scott highlighted that fiscal year 2025 began and ended with unexpected events, notably the full elimination of debt and Series A preferred stock at the start of the year, and an unanticipated delay in the extension of a critical infrastructure contract with the Department of War at year-end. Scott emphasized, "At th...
Earnings Call Insights: Intrusion Inc. (INTZ) Q4 2025 Management View CEO Anthony Scott highlighted that fiscal year 2025 began and ended with unexpected events, notably the full elimination of debt and Series A preferred stock at the start of the year, and an unanticipated delay in the extension of a critical infrastructure contract with the Department of War at year-end. Scott emphasized, "At the beginning of the year, we improved our balance sheet by fully eliminating our then outstanding debt and Series A preferred stock." Product milestones included launching critical infrastructure solutions for essential assets, making two versions of Shield Cloud available on AWS marketplace, and introducing Shield Cloud on Microsoft's Azure platform. Scott stated, "With availability across both leading cloud marketplaces, we've meaningfully expanded our sales reach, which will help enhance our customer pipeline and drive future revenue growth." Strategic partnerships expanded, with PortNexus embedding Intrusion's Shield endpoint solution in MyFlare safety technology and the launch of the P.O.S.S.E program for law enforcement cyber protection. Scott noted, "Our pilot experience with the P.O.S.S.E program is encouraging with a high adoption rate so far." Management changes included hiring Valencia Reaves as Public Sector Vice President of Sales and Patrick Duggan as Director of Channel Sales & Partnerships to strengthen business development efforts. CFO Kimberly Pinson reported, "Fourth quarter results totaled $1.5 million in revenue, a decrease of 25%, compared to the prior quarter, and 12% when compared to the prior year period, as noted earlier on the call. This was due to the delayed incremental funding of a major U.S. government contract." Outlook Management anticipates recognizing delayed revenue from the Department of War contract extension in the first half of 2026, assuming normalization of procurement activity. Scott stated, "We do believe that we will be able to re...