Latest news with #COSMIC
Irish Post
5 days ago
- Business
- Irish Post
Irish tech firm will invest £1.8m in cyber security initiative
A BELFAST based tech firm has announced an investment of nearly £2m into a cyber security initiative for the manufacturing sector. Angoka has confirmed it will support the development of a world leading cyber security solution for the industry with funding of £1.8m. The COSMIC (Cybersecurity for Operational Systems in Manufacturing and Industrial Control) initiative promises to deliver a solution to protect organisations from the threat of cyber-attacks due to the digitalisation of manufacturing systems. It is currently being developed in partnership with the Advanced Manufacturing Innovation Centre (AMIC) and with financial support from Invest NI. (l-r) Sam Turner, CEO of AMIC, Economy Minister Dr Caoimhe Archibald, Steve Berry, ANGOKA Chairman and Dr Vicky Kell, Director of Innovation, Research and Development at Invest NI Founded in 2019, Angoka has developed technology that allows machines to communicate securely without interference from hackers and cyber security threats. 'With cyber threats growing in both scale and sophistication, demand for solutions that protect online devices has surged across the globe,' Angoka Chairman, Steve Berry said. 'COSMIC is a reaction to the growing need for cyber security adoption in the advanced manufacturing sector due to the detrimental impact any breaches could have on the operational resilience of manufacturing facilities,' he added. 'Our new solution will allow us to expand our core offering and achieve ambitious growth targets. 'It will be designed for ease of deployment both on existing and new manufacturing equipment. 'This seamless deployment will be a key enabler for breaking into new markets across the globe.' Northern Ireland's Economy Minister Dr Caoimhe Archibald announced Angoka's investment this week. 'This investment by Angoka will help increase productivity, create good jobs, and boost innovation across two of our priority sectors - cyber security and advanced manufacturing,' she said. 'It is the result of collaboration between government, academia and the private sector and it has been enabled by the City and Growth Deal which established the Advanced Manufacturing Innovation Centre,' the minister added. 'So this announcement is a great example of our economic strategy paying dividends.' Over the next two years AMIC will support the development of the COSMIC solution through product testing, identification of target customers for commercial deployments and acting as a point of contact with industry groups. 'AMIC is at the heart of the innovation support system for Northern Ireland manufacturing,' AMIC CEO Sam Turner said. 'Led by Queen's University in partnership with industry, Antrim and Newtownabbey Borough Council and Ulster University, we support our industrial clients in transforming processes and introducing new cutting-edge innovative products,' he added. 'With our new Factory-of-the-Future opening in 2026 and our mission to drive growth, competitiveness and innovation, the AMIC team is delighted to support Angoka with this project.' See More: Angoka, Belfast, Cosmic, Cybersecurity, Manufacturing
Belfast Telegraph
6 days ago
- Business
- Belfast Telegraph
Belfast firm to invest nearly £2m in cybersecurity product
A Belfast-based firm is investing nearly £2m on developing a cyber security product for advanced manufacturing. Angoka is spending £1.8m creating the solution designed to help businesses defend increasingly digitalised manufacturing processes. The product is being jointly developed with the Advanced Manufacturing Innovation Centre (AMIC), a project which brings together Queen's University Belfast and Ulster University with public sector bodies to support industry. The project has also received funding from Invest NI. Economy Minister Caoimhe Archibald said: 'This investment by Angoka will help increase productivity, create good jobs, and boost innovation across two of our priority sectors - cyber security and advanced manufacturing. 'It is the result of collaboration between government, academia and the private sector. And it has been enabled by the City and Growth Deal which established the Advanced Manufacturing Innovation Centre. 'So today's announcement is a great example of our economic strategy paying dividends.' Angoka chairman Steve Berry said: 'With cyber threats growing in both scale and sophistication, demand for solutions that protect online devices has surged across the globe. 'COSMIC is a reaction to the growing need for cyber security adoption in the advanced manufacturing sector due to the detrimental impact any breaches could have on the operational resilience of manufacturing facilities. 'Our new solution will allow us to expand our core offering and achieve ambitious growth targets. It will be designed for ease of deployment both on existing and new manufacturing equipment. 'This seamless deployment will be a key enabler for breaking into new markets across the globe.' Sam Turner, chief executive of AMIC, said the company is at the heart of the innovation support system for Northern Ireland manufacturing. 'Led by Queen's University in partnership with industry, Antrim and Newtownabbey Borough Council and Ulster University, we support our industrial clients in transforming processes and introducing new cutting-edge innovative products. 'With our new Factory-of-the-Future opening in 2026 and our mission to drive growth, competitiveness and innovation, the AMIC team is delighted to support Angoka with this project.' Dr Vicky Kell, director of innovation, research and development at Invest NI said: 'This investment in R&D is a vote of confidence in our talent, infrastructure and R&D capabilities in Northern Ireland. 'The benefits of investing in R&D are rich, and Angoka is testament to how R&D can enable the development of game changing products which can drive competitiveness in the global market. 'This investment directly supports our business strategy, which prioritises accelerating innovation and maximising the wider benefits of City and Growth Deals to drive innovation and build collaboration with academia and industry to develop next-generation products and services.' Angola was founded in 2019 by Mr Berry, and specialises in authentication technology. It also offers threat analysis and risk assessment services to companies. Clients and partners include Sunderland City Council and the UK Centre for Connected and Autonomous Vehicles. As part of its work on the security of self-driving vehicles, Angoka is one of the partners on the Harlander self-driving bus, which aims to enter service on the Belfast Harbour estate in the coming months.
Yahoo
06-02-2025
- Business
- Yahoo
Amentum Secures COSMIC Contract to Enhance NASA's Space Infrastructure
CHANTILLY, Va., February 06, 2025--(BUSINESS WIRE)--Amentum (NYSE: AMTM), in collaboration with Chugach Government Solutions (CGS) through the Nova Space Solutions (NSS) Joint Venture, has been awarded NASA's Consolidated Operations, Services, and Maintenance Infrastructure Contract (COSMIC) at Stennis Space Center (SSC) and Michoud Assembly Facility (MAF). On COSMIC, Amentum will deliver advanced technologies to elevate operational innovation for our national space infrastructure. With a contract value of $822.7 million, the COSMIC contract is scheduled to start operations in July 2025 and extend over 8 years. As part of this project, NSS will deliver essential facility solutions, engineering and manufacturing capabilities, contract management, logistics, facility operations, and environmental solutions. "Amentum brings technical agility and intelligent infrastructure leadership to our long-standing partnership with NASA," said Mark Walter, President of Amentum Engineering & Technology Group. "By delivering innovative solutions like Intelligent Asset Management and digital engineering to our nation's space infrastructure, we can advance NASA's space exploration and mission success." Amentum's proven performance at NASA centers nationwide highlights its reliable, high-quality, cost-effective solutions. As NASA's premier engineering services provider, Amentum will enhance the COSMIC effort with advanced technologies such as Intelligent Asset Management, digital engineering tools, and cutting-edge data analytics, driving innovation, efficiency, and operational excellence in NASA's national space infrastructure. About Amentum Amentum is a global leader in advanced engineering and innovative technology solutions, trusted by the United States and its allies to address their most significant and complex challenges in science, security and sustainability. Our people apply undaunted curiosity, relentless ambition and boundless imagination to challenge convention and drive progress. Our commitments are underpinned by the belief that safety, collaboration and well-being are integral to success. Headquartered in Chantilly, Virginia, we have more than 53,000 employees in approximately 80 countries across all 7 continents. Visit us at to learn how we advance the future @Amentum_corp on XFollow Amentum on LinkedIn Forward-Looking Statements This press release contains or incorporates by reference statements by Amentum Holdings, Inc. (the "Company") that relate to future events and expectations and, as such, constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements may be characterized by terminology such as "believe," "project," "expect," "anticipate," "estimate," "forecast," "outlook," "target," "endeavor," "seek," "predict," "intend," "strategy," "plan," "may," "could," "should," "will," "would," "will be," "will continue," "will likely result," or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements, other than historical facts, including, but not limited to, statements regarding the anticipated work and revenue under the awarded contract, and the Company's objectives, expectations and intentions, applicable legal, economic and regulatory conditions, and any assumptions underlying any of the foregoing, are forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including, among others: the occurrence of an accident or safety incident; the ability of the Company to control costs, meet performance requirements or contractual schedules; and other factors set forth under Item 1A, Risk Factors in our Annual Report on Form 10-K for the fiscal year ended September 27, 2024, which can be found at the SEC's website at or the Investor Relations portion of our website at Any forward-looking statement speaks only as of the date on which it is made, and the Company assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law. View source version on Contacts Media Contact:Leah Shoats+1 (505) Investor Contact:Nathan RutledgeIR@ Sign in to access your portfolio
Associated Press
06-02-2025
- Business
- Associated Press
Amentum Secures COSMIC Contract to Enhance NASA's Space Infrastructure
Amentum (NYSE: AMTM), in collaboration with Chugach Government Solutions (CGS) through the Nova Space Solutions (NSS) Joint Venture, has been awarded NASA's Consolidated Operations, Services, and Maintenance Infrastructure Contract (COSMIC) at Stennis Space Center (SSC) and Michoud Assembly Facility (MAF). On COSMIC, Amentum will deliver advanced technologies to elevate operational innovation for our national space infrastructure. With a contract value of $822.7 million, the COSMIC contract is scheduled to start operations in July 2025 and extend over 8 years. As part of this project, NSS will deliver essential facility solutions, engineering and manufacturing capabilities, contract management, logistics, facility operations, and environmental solutions. 'Amentum brings technical agility and intelligent infrastructure leadership to our long-standing partnership with NASA,' said Mark Walter, President of Amentum Engineering & Technology Group. 'By delivering innovative solutions like Intelligent Asset Management and digital engineering to our nation's space infrastructure, we can advance NASA's space exploration and mission success.' Amentum's proven performance at NASA centers nationwide highlights its reliable, high-quality, cost-effective solutions. As NASA's premier engineering services provider, Amentum will enhance the COSMIC effort with advanced technologies such as Intelligent Asset Management, digital engineering tools, and cutting-edge data analytics, driving innovation, efficiency, and operational excellence in NASA's national space infrastructure. About Amentum Amentum is a global leader in advanced engineering and innovative technology solutions, trusted by the United States and its allies to address their most significant and complex challenges in science, security and sustainability. Our people apply undaunted curiosity, relentless ambition and boundless imagination to challenge convention and drive progress. Our commitments are underpinned by the belief that safety, collaboration and well-being are integral to success. Headquartered in Chantilly, Virginia, we have more than 53,000 employees in approximately 80 countries across all 7 continents. Visit us at to learn how we advance the future together. Follow @Amentum_corp on X Follow Amentum on LinkedIn Forward-Looking Statements This press release contains or incorporates by reference statements by Amentum Holdings, Inc. (the 'Company') that relate to future events and expectations and, as such, constitute 'forward-looking statements' as that term is defined in the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements may be characterized by terminology such as 'believe,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'forecast,' 'outlook,' 'target,' 'endeavor,' 'seek,' 'predict,' 'intend,' 'strategy,' 'plan,' 'may,' 'could,' 'should,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result,' or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements, other than historical facts, including, but not limited to, statements regarding the anticipated work and revenue under the awarded contract, and the Company's objectives, expectations and intentions, applicable legal, economic and regulatory conditions, and any assumptions underlying any of the foregoing, are forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including, among others: the occurrence of an accident or safety incident; the ability of the Company to control costs, meet performance requirements or contractual schedules; and other factors set forth under Item 1A, Risk Factors in our Annual Report on Form 10-K for the fiscal year ended September 27, 2024, which can be found at the SEC's website at or the Investor Relations portion of our website at Any forward-looking statement speaks only as of the date on which it is made, and the Company assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law. Leah Shoats [email protected] [email protected] Contact: Nathan Rutledge SOURCE: Amentum Copyright Business Wire 2025. PUB: 02/06/2025 08:15 AM/DISC: 02/06/2025 08:15 AM
