Latest news with #CLPS
Yahoo
11 hours ago
- Business
- Yahoo
CLPS Incorporation Unveils Transformative AI Solutions: A Catalyst for Business Value Creation and Market Expansion
HONG KONG, June 6, 2025 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced that its Singapore subsidiary, CLPS Technology (Singapore) Pte. Ltd., has achieved pivotal advancements in artificial intelligence (AI) technology development and real-world scenario applications. Following extensive refinement within the high-demand financial services sector and diverse business verticals, CLPS has successfully completed robust proof-of-concept and pilot deployments for its suite of proprietary AI innovation solutions (CLPS AI). CLPS AI is expected to open a new revenue source for the Company under its customized IT solution services, offering tailored AI implementations to clients. This marks significant step for the Company as it expands into the large-scale AI application implementation market. This move positions CLPS to address the growing global demand for intelligent transformation, aiming to deliver substantial value for companies worldwide. The CLPS AI solutions are strategically engineered to optimize core business operational aspects, including software development, compliance management, and customer service, featuring innovative scenario applications designed for tangible outcomes: AI-Powered Code MigrationAddressing the multi-billion-dollar challenge of legacy system modernization, CLPS AI establishes an intelligent, automated code migration framework. This solution efficiently converts complex legacy COBOL and JCL systems to modern architectures like Java and Python, dramatically accelerating a company's technical infrastructure transformation. This not only reduces modernization timelines but also significantly lowers associated development costs and mitigates risks inherent in manual conversions. Intelligent Automated TestingLeveraging advanced Natural Language Processing (NLP) technology, CLPS AI autonomously converts requirement documents into comprehensive test scenarios, cases, and data. This innovation is projected to increase defect detection rates, drastically reduce testing cycles, and mitigate software delivery risks, directly improving project economics and accelerating time-to-market for new applications. Long-Text Intelligent ParsingDesigned to overcome the complexities of processing lengthy and unstructured documents, CLPS AI's intelligent document parsing platform accurately analyzes multi-version document structures and nested tables. This solution significantly enhances compliance review efficiency, reduces manual processing errors, and boosts operational productivity, translating into measurable cost savings and improved regulatory adherence. Multilingual Customer Service MatrixIntegrating sophisticated speech recognition with neural machine translation, CLPS AI's intelligent customer service solution delivers seamless, 24/7 multilingual support. This empowers enterprises to build truly global intelligent service ecosystems, substantially reducing operational costs while significantly enhancing customer satisfaction and global market penetration. AI-OCR Contract Processing PlatformCombining cutting-edge deep learning with optical character recognition (OCR), this end-to-end automated solution revolutionizes contract processing. It achieves precise signature positioning, critical clause extraction, and proactive risk alerting, dramatically improving contract processing efficiency and accelerating business deal closures, thereby impacting revenue cycles. Mr. Sky Sun, Chief Marketing Officer of CLPS, stated: "These achievements demonstrate our market-driven 'scenario-first, value-centric' development strategy. By deeply embedding AI into our clients' core business processes, we are not just providing technology; we are empowering them to build intelligent, next-generation productivity systems that deliver measurable ROI and sustainable competitive advantage, solidifying CLPS's position as an indispensable partner in their digital evolution." Mr. Raymond Lin, Chief Executive Officer of CLPS, emphasized: "Deepening scenario-based AI implementation remains our paramount strategic focus for 2025. We are committed to sustained, robust AI investment, strategically allocating capital to R&D and market expansion. Furthermore, we have initiated a strategic collaboration with an industry leader through an overseas joint venture. This form of collaboration is designed to restructure industrial value chains, amplify AI's multiplier effects across diverse sectors, and unlock significant, long-term growth opportunities for CLPS and our valued shareholders as we lead the charge in enterprise AI transformation." About CLPS Incorporation CLPS Incorporation (NASDAQ: CLPS), established in 2005 and headquartered in Hong Kong, is at the forefront of driving digital transformation and optimizing operational efficiency across industries through innovations in artificial intelligence, cloud computing, and big data. Our diverse business lines span sectors including fintech, payment and credit services, e-commerce, education and study abroad programs, and global tourism integrated with transportation services. Operating across 10 countries worldwide, with strategic regional hubs in Shanghai (mainland China), Singapore (Southeast Asia), and California (North America), and supported by subsidiaries in Japan and the UAE, we provide a robust global service network that empowers legacy industries evolve into data-driven, intelligent ecosystems. For further information regarding the Company, please visit: or follow CLPS on Facebook, Instagram, LinkedIn, X (formerly Twitter), and YouTube. Forward-Looking Statements Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance. Known and unknown risks, uncertainties and other factors, which may be beyond the Company's control, may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company's expectations of the Company's future growth, deployment in the AI technology sector, performance and results of operations, the Company's ability to capitalize on various commercial, M&A, technology and other related opportunities and initiatives, as well as the risks and uncertainties described in the Company's most recently filed SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made. Contact: CLPS IncorporationRhon GalichaInvestor Relations OfficePhone: +86-182-2192-5378Email: ir@ View original content: SOURCE CLPS Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
2 days ago
- Business
- Yahoo
RDW Q1 Earnings Call: Revenue Misses Expectations, Management Focuses on Platform Expansion and M&A Integration
Aerospace and defense company Redwire (NYSE:RDW) missed Wall Street's revenue expectations in Q1 CY2025, with sales falling 30.1% year on year to $61.4 million. Its GAAP loss of $0.09 per share increased from -$0.17 in the same quarter last year. Is now the time to buy RDW? Find out in our full research report (it's free). Revenue: $61.4 million (30.1% year-on-year decline) EBITDA guidance for the full year is $87.5 million at the midpoint, above analyst estimates of $36.82 million Adjusted EBITDA Margin: -3.7% Backlog: $291.2 million at quarter end Market Capitalization: $1.14 billion Redwire's first quarter results were shaped by delays in U.S. government contract awards and shifting project timelines, which management attributed to administrative transitions at NASA and other agencies. CEO Peter Cannito cited a 'dynamic environment' in federal spending priorities, particularly for space and defense programs, and highlighted that some revenue shifted into later quarters. Recent wins in Europe partially offset lower U.S. activity, including a contract for the International Berthing and Docking Mechanism. Management acknowledged operational challenges, notably increased production costs and labor tied to new technology development for major contracts like I-Hab, which contributed to short-term margin pressure. Looking ahead, Redwire's guidance for the remainder of the year is underpinned by anticipated benefits from its acquisition of Edge Autonomy and a growing pipeline of larger bids. CFO Jonathan Baliff reaffirmed the company's combined forecast despite acknowledging 'volatility' in commercial and defense markets, stating that Redwire remains on track with its previously provided ranges. Management emphasized opportunities in autonomous systems and lunar exploration, noting expanding strategic partnerships and continued investment in in-space manufacturing. Cannito highlighted, 'Drones are here to stay,' pointing to increased defense spending in both the U.S. and Europe as a driver for new contract pursuits, although he cautioned that the market remains highly dynamic and subject to budgetary shifts. Management pointed to delayed U.S. contract awards, European market wins, and transition costs on new technologies as major factors impacting the latest quarter, while highlighting progress in platform expansion and M&A integration. European contract momentum: Redwire secured significant contracts in Europe, including providing docking systems for the European Space Agency's I-Hab module and a study contract for the ARRAKIHS dark matter mission, signaling deeper market penetration and organic capability development in the region. Lunar and space exploration partnerships: The company advanced its role in lunar missions by partnering with ispace-U.S., leveraging its prime contractor status on NASA's CLPS initiative. Management cited this as a move to pursue larger, end-to-end mission contracts beyond its historical subsystems focus. In-space manufacturing expansion: Redwire launched new drug development and cancer detection technologies to the International Space Station, expanding its PIL-BOX pharmaceutical platform. A new agreement with Espero Biomedicines aims to commercialize in-space drug crystallization, reflecting a diversification of revenue sources. Edge Autonomy acquisition progress: The acquisition of Edge Autonomy, which expands Redwire's footprint into autonomous airborne platforms, has received regulatory approvals and is expected to close in the next quarter. Management positioned this as transformational for the company's defense and multi-domain strategy. Tariff and supply chain resilience: Redwire's geographically distributed supply chain is designed to mitigate tariff risks, with U.S. and European manufacturing serving their respective markets. Management reported no material financial impact from current trade dynamics, and cited potential long-term benefits from increased investment in domestic manufacturing. Redwire's outlook is driven by integration of new capabilities, pursuit of larger contracts, and evolving defense and space spending priorities in both the U.S. and Europe. Edge Autonomy integration: Management expects the acquisition to broaden Redwire's offerings into autonomous systems, particularly drones, which are seeing increased defense spending. The company anticipates that Edge Autonomy's established manufacturing and higher gross margins will be accretive to Redwire's overall profitability as integration progresses. Pipeline of larger bids: Redwire is moving up the value chain by bidding as a prime contractor on entire mission platforms, not just subsystems. Management indicated that this strategy is enabling access to higher-value opportunities, especially in Europe, and could drive substantial backlog increases if successful. Market uncertainty and margin dynamics: While management described the current environment as 'highly dynamic' due to government budget transitions and program reprioritization, they see strong longer-term demand in space infrastructure and defense. However, near-term cost variability is expected as emerging technology contracts transition from development to production phases, with margin improvement anticipated as scale is achieved. In coming quarters, our analysts will monitor (1) the successful integration of Edge Autonomy and realization of expected margin improvements, (2) the timing and scale of new contract awards—especially in Europe and for lunar exploration, and (3) progress on commercializing in-space manufacturing capabilities. Developments in U.S. and European defense budgets and any shifts in space program funding will also be critical to Redwire's outlook. Redwire currently trades at a forward EV-to-EBITDA ratio of 18.5×. In the wake of earnings, is it a buy or sell? Find out in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-04-2025
- Business
- Yahoo
Redwire and ispace-U.S. Sign MOU to Jointly Pursue Commercial Lunar Exploration Missions
COLORADO SPRINGS, Colo., April 08, 2025--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next-generation space economy, and ispace technologies U.S., inc. (ispace-U.S.) an American lunar exploration company specializing in cis-lunar space transportation and infrastructure services, today announced at the 40th Space Symposium, a memorandum of understanding to jointly pursue commercial lunar exploration and science missions for the NASA Commercial Lunar Payload Services (CLPS) initiative and other customers. The NASA CLPS contract is a multi-award indefinite delivery, indefinite quantity (IDIQ) contract with a cumulative maximum contract value of $2.6 billion through 2028. NASA created the CLPS initiative to support the creation of a lunar economy through commercial deliveries of NASA science that will help prepare for the next generation of explorers. Redwire is one of 14 prime contractors on the CLPS IDIQ contracts, and together with ispace-U.S., the team will be pursuing future CLPS contracts, leveraging the proven ispace lunar lander. ispace-U.S.'s APEX1.0 lunar lander is ispace's next-generation lander, leveraging lessons learned from the RESILIENCE lander used for Mission 1 and Mission 2, to deliver enhanced mass-to-surface capabilities. The APEX1.0 lander serves as a multi-purpose platform, capable of delivering customer payloads to the lunar surface or to lunar orbit. "Redwire is proud to partner with ispace-U.S. to pursue upcoming commercial lunar exploration and science missions and deliver critical lunar infrastructure," said Mike Gold, President of Civil and International Space at Redwire. "The combination of Redwire's advanced digital engineering, integration and testing, and lunar subsystems and payloads with ispace's proven Lunar landing platform and mission operations creates a world-class team to support the future of humanity's operations on the lunar surface and beyond." "ispace-U.S. is thrilled to announce the partnership with Redwire to push the boundaries of lunar exploration. With significant heritage from the previous ispace lunar missions, as well as its growing footprint in the United States, ispace-U.S. is uniquely positioned to instill confidence in pursuing future commercial lunar exploration and science missions to help build a cis-lunar economy," said Elizabeth Kryst, CEO of ispace-U.S. With this strategic collaboration, Redwire and ispace-U.S. will be empowered to apply proven experience, expertise, and heritage to support future commercial lunar missions for government and private sector customers. About Redwire Redwire Corporation (NYSE: RDW) is a global space infrastructure and innovation company enabling civil, commercial, and national security programs. Redwire's proven and reliable capabilities include avionics, sensors, power solutions, critical structures, mechanisms, radio frequency systems, platforms, missions, and microgravity payloads. Redwire combines decades of flight heritage and proven experience with an agile and innovative culture. Redwire's approximately 750 employees working from 17 facilities located throughout the United States and Europe are committed to building a bold future in space for humanity, pushing the envelope of discovery and science while creating a better world on Earth. For more information, please visit About ispace-U.S. ispace-U.S. is an American lunar exploration company, specializing in cis-lunar space transportation and infrastructure services. ispace-U.S. leads the design of spacecrafts, such as the APEX1.0 lunar landers and relay satellites, and the development, integration, and testing of autonomous space exploration robotic systems and platforms. The company's U.S. headquarters serves as the central location for the development of its APEX1.0 lunar lander, which is being designed, manufactured, and launched in the United States. For more information, follow us on LinkedIn and X: @ispace_us_inc. View source version on Contacts Media Contacts:Redwire:Tere 321-831-0134ispace-U.S.:Miri CaseyM-Casey@ 719-648-3018Investors:investorrelations@ 904-425-1431 Sign in to access your portfolio
Associated Press
04-04-2025
- Science
- Associated Press
Kyung Hee University Develops South Korea's First Lunar Lander Science
04/03/2025, Seoul // KISS PR Brand Story PressWire // Seon Jongho's Research Team Collaborates with KASI on KASI Development, Contributing to South Korea's Lunar Exploration Capabilities Kyung Hee University's Department of Space Science, led by Professor Seon Jongho, in collaboration with the Korea Astronomy and Space Science Institute (KASI), has successfully developed Lunar Space Environment Monitor (LUSEM), South Korea's first scientific instrument designed for a lunar lander. This groundbreaking achievement has earned LUSEM a place among the Top 100 National R&D Achievements of 2024, receiving the highest distinction in the Fundamental Science and Infrastructure category. The instrument, developed as part of NASA's Commercial Lunar Payload Services (CLPS) program, is set to be launched aboard an unmanned lunar lander in 2025–2026. Following its completion in 2023, LUSEM was transported to the United States, where it successfully underwent functionality testing. ■ Advancing Lunar Exploration with Cutting-Edge Technology LUSEM is designed to detect high-energy electrons and protons in lunar orbit and on the surface, a capability previously achieved only by NASA's Apollo missions and China's Chang'e-4. The instrument is equipped with four detection fields, allowing it to separately observe incoming and reflected particles from the Moon's surface. Its detection range—50 keV to 3.8 MeV for electrons and 50 keV to 22.5 MeV for protons—surpasses those of previous lunar missions, enabling unprecedented observations of space weathering and high-energy interactions on the Moon. LUSEM will operate in the Reiner Gamma swirl region, a visually distinct area characterized by bright and dark patches on the lunar surface. Scientists anticipate that studying this region will offer valuable insights into how cosmic radiation influences lunar surface evolution. By providing new data on space weathering processes, LUSEM could help unravel long-standing mysteries about the Moon's geological history. ■ Strengthening South Korea's Lunar Exploration Capabilities Professor Seon highlighted the significance of this achievement, stating, 'This is South Korea's first lunar lander science instrument, and we have successfully completed its transport and functionality tests in the U.S. The expertise we have developed will be instrumental in future South Korean lunar exploration missions.' Kyung Hee University has played a significant role in advancing South Korea's space research initiatives, particularly since being selected for the World-Class Research University Program in 2008. The university has contributed to numerous major space projects, including the launch of small satellites in 2012 and 2013, the development of a space weather observation instrument for the Chollian-2A satellite in 2018, and the creation of a magnetometer for Danuri, South Korea's first lunar orbiter, in 2022. Through international research collaborations and groundbreaking space projects, Kyung Hee University continues to drive South Korea's progress in lunar exploration and space science, positioning the country as a key player in the global space sector. About Kyung Hee University Kyung Hee University is a prestigious private university located in Seoul, South Korea. Established in 1949, the university is widely recognized for its academic excellence, global engagement, and commitment to peace and cultural development. It offers a wide range of undergraduate and graduate programs across the humanities, sciences, engineering, medicine, and the arts. Press Contact: Minjae Jung +82-2-961-0114
Yahoo
19-03-2025
- Science
- Yahoo
NASA data analysis to continue after completion of Firefly's first moon mission
HOUSTON, Texas (WHNT) — At the Johnson Space Center Tuesday, NASA and Firefly Aerospace held a news conference to discuss the successful Blue Ghost Mission 1. Firefly Aerospace's Blue Ghost Mission 1 landed on the moon on March 2 and finished its mission on March 16. Lawrence Co. man sentenced for role in decade-long mail fraud The mission met '100%' of its objectives after performing the first fully successful commercial moon landing. As part of NASA's CLPS (Commercial Lunar Payload Services) initiative and Artemis campaign, Firefly's Blue Ghost lunar lander delivered 10 NASA science and technology instruments to the Mare Crisium basin on the near side of the Moon. Of those payloads, seven were managed by the Marshall Space Flight Center here in Huntsville. 'Firefly's Blue Ghost Mission 1 marks the longest surface duration commercial mission on the Moon to date, collecting extraordinary science data that will benefit humanity for decades to come,' Nicky Fox, associate administrator, of Science Mission Directorate at NASA Headquarters in Washington said. 'With NASA's CLPS initiative, American companies are now at the forefront of an emerging lunar economy that lights the way for the agency's exploration goals on the Moon and beyond.' New Hope man arrested for attempted murder after fleeing traffic stop At the news conference, it was announced that all 10 payloads were successfully activated, they collected data and performed operations on the moon. Throughout the mission, NASA said Blue Ghost sent 119 gigabytes of data back to Earth including 51 gigabytes of science and technology data. In 2021, NASA selected two project scientists to coordinate science activities. These activities include selecting landing sites, developing concepts of operations and archiving science data from surface operations as part of the Commercial Lunar Payload Services (CLPS) initiative. One of the project scientists selected was Dr. Heidi Haviland from the Marshall Space Flight Center. She was selected to coordinate the suite slated for delivery to Reiner Gamma with the Lunar Vertex. The Lunar Vertex is a joint lander and rover payload suite. Joel Kearns, Deputy Associate Administrator for Exploration, Science Mission Directorate, NASA Headquarters said that this mission was more impressive than previous missions because there were 10 payloads. Kearns said this is more than has ever flown on a CLPS delivery before and teams are analyzing the data. HEMSI: Madison police officer injured in crash 'Teams are eagerly analyzing their data, and we are extremely excited for the expected scientific findings that will be gained from this mission,' Kearns said. Below are some videos and pictures from Blue Ghost that were sent back to Earth. 33 guns intercepted by TSA at Huntsville International Airport in 2024, 130 found statewide: Report The mission had other achievements and NASA said the instruments performed 'first of their kind science and technology demonstrations. Below are some of the achievements: The Lunar Instrumentation for Subsurface Thermal Exploration with Rapidity is now the deepest robotic planetary subsurface thermal probe, drilling up to 3 feet and providing a first-of-its kind demonstration of robotic thermal measurements at varying depths. The Lunar GNSS Receiver Experiment acquired and tracked Global Navigation Satellite Systems (GNSS) signals, from satellite networks such as GPS and Galileo, for the first time enroute to and on the Moon's surface. The LuGRE payload's record-breaking success indicates that GNSS signals could complement other navigation methods and be used to support future Artemis missions. It also acts as a stepping stone to future navigation systems on Mars. The Radiation Tolerant Computer successfully operated in transit through Earth's Van Allen belts, as well as on the lunar surface into the lunar night, verifying solutions to mitigate radiation effects on computers that could make future missions safer for equipment and more cost effective. The Electrodynamic Dust Shield successfully lifted and removed lunar soil, or regolith, from surfaces using electrodynamic forces, demonstrating a promising solution for dust mitigation on future lunar and interplanetary surface operations. The Lunar Magnetotelluric Sounder successfully deployed five sensors to study the Moon's interior by measuring electric and magnetic fields. The instrument allows scientists to characterize the interior of the Moon to depths up to 700 miles, or more than half the distance to the Moon's center. The Lunar Environment heliospheric X-ray Imager captured a series of X-ray images to study the interaction of the solar wind and Earth's magnetic field, providing insights into how space weather and other cosmic forces surrounding Earth affect the planet. The Next Generation Lunar Retroreflector successfully reflected and returned laser light from two Lunar Laser Ranging Observatories, returning measurements allowing scientists to precisely measure the Moon's shape and distance from Earth, expanding our understanding of the Moon's inner structure. The Stereo Cameras for Lunar Plume-Surface Studies instrument captured about 9,000 images during the spacecraft's lunar descent and touchdown on the Moon, providing insights into the effects engine plumes have on the surface. The payload also operated during the lunar sunset and into the lunar night. The Lunar PlanetVac was deployed on the lander's surface access arm and successfully collected, transferred, and sorted lunar soil using pressurized nitrogen gas, demonstrating a low-cost, low-mass solution for future robotic sample collection. The Regolith Adherence Characterization instrument examined how lunar regolith sticks to a range of materials exposed to the Moon's environment, which can help test, improve, and protect spacecraft, spacesuits, and habitats from abrasive lunar dust or regolith. NASA Other NASA facilities that were tasked to develop the payloads include Ames Research Center in California's Silicon Valley; Glenn Research Center in Cleveland; Goddard Space Flight Center in Greenbelt, Maryland; Johnson Space Center in Houston and the Langley Research Center in Hampton, Virginia. The CLPS initiative is a key part of NASA's Artemis lunar exploration efforts. The science and technology payloads sent to the Moon's surface as part of CLPS are said to help lay the foundation for human missions and a sustainable human presence on the lunar surface. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
