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Yahoo
21-05-2025
- Business
- Yahoo
The PenFed Foundation for Military Heroes Announces Veteran Entrepreneur Program May 2025 Cohort
The Six-Week Program Provides Networking and Mentorship for Veteran-Owned Companies TYSONS, Va., May 21, 2025 /PRNewswire/ -- The PenFed Foundation for Military Heroes , a national nonprofit organization that supports veterans in their transition from service to success, is proud to continue supporting veteran-owned businesses with the announcement of the Veteran Entrepreneur Program May 2025 cohort. Building on the success of the March 2025 cohort, the accelerator program for veteran-owned businesses begins with a three-day in-person seminar in Tysons, Virginia, followed by a six-week virtual program. The program brings veteran-owned companies from across the country together to participate in networking events, roundtables and mentorship opportunities. Seminars with prominent business leaders cover topics ranging from business development, marketing and branding, legal considerations, communications, strategic planning and pitching investors. "As the May 2025 cohort gets underway, The PenFed Foundation for Military Heroes remains dedicated to elevating the achievements of companies led by veterans," said The PenFed Foundation for Military Heroes Director of Veteran Entrepreneur Program and retired U.S. Marine Corps Brig. Gen. Terry Williams. "With a natural alignment between military training and entrepreneurial demands, we remain committed to fostering the success of this community with another cohort in August 2025." The accelerator program is free of charge to military founders and The PenFed Foundation for Military Heroes does not take equity in the businesses. Veteran and military-spouse-owned and led companies that are interested in upcoming cohorts are encouraged to apply here. This cohort brings together military veteran entrepreneurs from a variety of industries. The May 2025 cohort includes: TyrSight IntelligenceFounded by U.S. Army veteran Ian Yee (CEO and Co-Founder) and U.S. Air Force veteran Jon Andresen (COO and Co-Founder). TyrSight is a technology-driven Open-Source Intelligence (OSINT) partner that combines AI intelligence gathering tools and battle-tested analysis to help organizations quickly identify and respond to threats. Their flagship product, TyrBrief, provides tailored analysis for rapid consumption to aid leaders in critical decision-making. TyrSight has recently partnered with REAKT, ALCON Intelligence, HM Intelligence, and Gluck AI to enhance its brand, expand internationally, and address the SMB market. Career PCSCo-founded by U.S. Navy veteran Kathy Borkoski (Co-Founder) and U.S. Army veteran Andrew Towers (Co-Founder and Product Lead). Career PCS revolutionizes military-to-civilian career transitions by transforming how companies build and manage their DoD SkillBridge programs. Their platform offers a two-sided marketplace that saves companies $45,000-$80,000 per hire while providing service members clearer pathways to civilian careers. They recently added "SkillBridge as a Service" (SBaaS) and launched a Candidate Database to connect transitioning service members with hiring companies. CrewdogsFounded by U.S. Air Force veteran Adam Hill (CEO and Co-Founder). Crewdogs is an online community marketplace specializing in short and mid-term stays for both vacation and Official Government Travel, helping veterans, service members, and other military community members find accommodations through a mobile app and website. The platform prioritizes trust and transparency with military verification for guests and offers an average 7% military discount. In March 2025, Crewdogs saw over 2,000% growth in gross booking volume with zero marketing spend and released a new mobile app to enable direct integrations with property management software companies. Castlelock CorporationCo-founded by U.S. Air National Guard veteran Shaun Tanaka (CEO and Founder) and U.S. Army veteran Matt Phillips (COO and Co-Founder). Castlelock Corporation is on a mission to save lives by reinventing firearm safety in America, with a team composed of military service members. They are the inventors of the original biometric chamber lock, developing firearm safety solutions that enhance safety without compromising performance. Castlelock has gained significant recognition, including on NPR, for its innovative technology and is in the final stages of closing an investment round to bring its innovation to market. VetScoreCo-founded by U.S. Air Force veterans Nelson Rouleau (CEO and Co-Founder) and Rob Smith (Chief Operating Officer and Co-Founder). VetScore is the first AI-powered platform designed to revolutionize how veterans prepare for their VA disability claims. The platform uses generative AI to analyze service treatment records, identify documentation gaps, and auto-generate pre-filled VA forms and personalized claim roadmaps, aiming to provide clarity, confidence, and control over veterans' benefits journeys. VetScore has launched its MVP, onboarded its first paid users, and boasts a 100% success rate with MVP clients. PalmFounded by U.S. Air Force veteran David Brown-Dawson (Founder and CEO). Palm is a career intelligence platform that helps professionals track their performance, gain personalized insights, and take control of their career growth, also serving as a lightweight performance management solution for organizations. The platform is live and onboarding high-performing professionals and transitioning veterans, and is piloting with mid-level managers at a consulting firm. SciencellaCo-founded by U.S. Army veteran Tom Coyle (Co-Founder and Co-CEO) and military spouse Isabel Otero (Co-Founder). Sciencella is a mission-driven healthtech company dedicated to reducing the risk of cancer and other diet-related diseases through diet by leveraging cutting-edge technology. At its core is an AI Nutritional Assistant that integrates with patient and provider applications for real-time dietary monitoring and compliance. Sciencella has expanded its application to assisted-living communities, partnered with BoodleAI to develop an AI chatbot assistant, and Inova Schar Cancer Institute has agreed to host a trial using the application. TacetFounded by U.S. Navy veteran Peter Sobotta (Founder and CEO). Tacet is designed to help direct-to-consumer (DTC) brands unify their first-party data and unlock predictive customer equity insights, ultimately reducing customer acquisition costs while boosting long-term profitability. It integrates with platforms like Shopify, GA4, Klaviyo, and Facebook Ads, providing marketing teams with a unified, real-time view of performance. Tacet has completed its core prototype with AI-driven attribution and a customer equity dashboard, and five mid-market DTC brands have signed up for pilot engagements Since 2018, the Veteran Entrepreneur Program has accelerated over 120 military founders. Through The PenFed Foundation for Military Heroes and its investor partnerships, alumni founders have accessed several million dollars in startup capital, grown a network of key stakeholders, and received invaluable mentorship from industry experts. About The PenFed Foundation for Military HeroesFounded in 2001, The PenFed Foundation for Military Heroes is a national nonprofit organization that supports veterans in their transition from service to success in civilian life. Affiliated with PenFed Credit Union, the Foundation has provided more than $55 million in financial support to veterans, active-duty service members and military families. PenFed Credit Union covers the salaries and administrative costs of The PenFed Foundation for Military Heroes, so more of your donation goes right to our programs. To learn more, please visit View original content to download multimedia: SOURCE PenFed Foundation
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Business Standard
27-04-2025
- Business
- Business Standard
IN-SPACe invites private firms to design, develop satellite-bus platforms
India's space regulator Indian National Space Promotion and Authorization Centre (IN-SPACe) has invited applications from private companies to design and develop satellite-bus platforms to reduce import dependence. The new initiative called the Satellite Bus as a Service (SBaaS) aims to provide a pathway for Indian private space players to design and develop small satellite bus platforms for hosted payload applications, IN-SPACe said in a statement. Through this Announcement of Opportunity (AO), IN-SPACe invites applications from eligible Indian non-governmental entities (NGEs) to undertake the design, development, and realisation of small satellite bus systems capable of supporting multiple payloads. As part of this initiative, IN-SPACe will support the realisation of satellite bus platforms through a two-phase approach. In Phase I, up to four Indian NGEs will be shortlisted based on their technical capabilities to develop a modular, multi-mission satellite bus system. In Phase II, IN-SPACe will support up to two hosted payload missions to demonstrate the utility of these platforms. 'The Satellite Bus as a Service initiative is a pivotal step in democratising access for India's Space Sector. By enabling NGEs with this opportunity, we are aiming to push innovation, and reduce our reliance on imports. Together we are looking at making India a global service provider of small satellite bus and hosted payload services," Pawan Goenka, chairman, IN-SPACe, said. The effort is aimed at easing access to flight platforms, reducing time to orbit, and enabling in-orbit demonstration for payload developers. Rajeev Jyoti, director, Technical Directorate at IN-SPACe, said, 'SBaaS is designed to bridge the gap between payload developers and satellite platforms. By providing a standardised, modular bus platform, we offer a cost-effective solution for in-orbit validation of diverse payloads. This initiative will accelerate the development cycle for emerging technologies and enhance India's capabilities in delivering end-to-end space solutions.' IN-SPACe was constituted in June 2020 following the central government's decision to open up the space sector and enable the participation of the Indian private sector in the gamut of space activities. It acts as a single-window, independent nodal agency which functions as an autonomous agency in the Department of Space (DOS). IN-SPACe is responsible for the promotion, enabling, authorisation, and supervision of various space activities of the NGEs that include, among others, the building of launch vehicles and satellites, and providing space-based services; sharing of space infrastructure and premises under ISRO; and establishment of new space infrastructure and facilities.
Time of India
26-04-2025
- Business
- Time of India
IN-SPACe launches Satellite Bus as a Service (SBaaS) initiative for Indian NGEs
Ahmedabad: The Indian National Space Promotion and Authorization Centre ( IN-SPACe ) on Saturday announced an opportunity (AO) for Indian non-governmental entities (NGEs) under the Satellite Bus as a Service (SBaaS) initiative. A satellite bus (or spacecraft bus) is the main body and structural component of a satellite or spacecraft, in which the payload and all scientific instruments are held. The initiative aims to provide a pathway for Indian private space players to design and develop small satellite bus platforms for hosted payload applications. IN-SPACe will support it in two phases. First, up to four Indian NGEs will be shortlisted to develop a modular, multi-mission satellite bus system. Second, support will be provided for up to two hosted payload missions for the demonstration of utilities. You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad Pawan Goenka, chairman of IN-SPACe, said that it will push innovation and reduce reliance on imports. Rajeev Jyoti, director of IN-SPACe, said, "SBaaS is designed to bridge the gap between payload developers and satellite platforms. By providing a standardised, modular bus platform, we offer a cost-effective solution for in-orbit validation of diverse payloads."
Economic Times
26-04-2025
- Business
- Economic Times
IN-SPACe launches SBaaS, to boost private sector payload opportunities
IN-SPACe, the commercial arm of ISRO, has launched the Satellite Bus as a Service (SBaaS) initiative to encourage private sector involvement in satellite development. The program seeks to create modular small satellite platforms by Indian entities for payload applications. This model will ease access to flight-ready platforms, boost innovation, and expand India's space capabilities. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The Indian National Space Promotion and Authorization Centre ( IN-SPACe ), the commercial arm of ISRO , on Saturday launched the Satellite Bus as a Service (SBaaS) initiative to promote private sector participation in satellite programme aims to create modular small satellite platforms designed by Indian non-governmental entities (NGEs) to host payload SBaaS model will ease access to flight-ready satellite platforms for startups and private players, boosting innovation pipelines and expanding India's capability to deliver end-to-end space solutions, according to nodal agency space activities through an Announcement of Opportunity (AO) invited proposals from eligible Indian private players to design, develop, and deliver these small satellite bus systems that can host multiple initiative will be rolled out in two phases, the Indian regulator Phase I, up to four NGEs will be shortlisted based on their technical capabilities to develop a modular, multi-mission satellite bus. In Phase II, IN-SPACe will support up to two hosted payload missions to demonstrate the platform's utility.'The Satellite Bus as a Service initiative is a pivotal step in democratizing access for India's space sector," Pawan Goenka, Chairman of IN-SPACe said. He added that by enabling NGEs with this opportunity, the aim is to push innovation and reduce reliance on imports.'Together, we are looking at making India a global service provider of small satellite bus and hosted payload services,' Goenka Jyoti, Director, Technical Directorate at IN-SPACe, added that SBaaS is designed to bridge the gap between payload developers and satellite platforms, providing a cost-effective, standardised solution for in-orbit demonstration of new technologies.
Time of India
26-04-2025
- Business
- Time of India
IN-SPACe launches SBaaS, to boost private sector payload opportunities
Live Events The Indian National Space Promotion and Authorization Centre ( IN-SPACe ), the commercial arm of ISRO , on Saturday launched the Satellite Bus as a Service (SBaaS) initiative to promote private sector participation in satellite programme aims to create modular small satellite platforms designed by Indian non-governmental entities (NGEs) to host payload SBaaS model will ease access to flight-ready satellite platforms for startups and private players, boosting innovation pipelines and expanding India's capability to deliver end-to-end space solutions, according to nodal agency space activities through an Announcement of Opportunity (AO) invited proposals from eligible Indian private players to design, develop, and deliver these small satellite bus systems that can host multiple initiative will be rolled out in two phases, the Indian regulator Phase I, up to four NGEs will be shortlisted based on their technical capabilities to develop a modular, multi-mission satellite bus. In Phase II, IN-SPACe will support up to two hosted payload missions to demonstrate the platform's utility.'The Satellite Bus as a Service initiative is a pivotal step in democratizing access for India's space sector," Pawan Goenka, Chairman of IN-SPACe said. He added that by enabling NGEs with this opportunity, the aim is to push innovation and reduce reliance on imports.'Together, we are looking at making India a global service provider of small satellite bus and hosted payload services,' Goenka Jyoti, Director, Technical Directorate at IN-SPACe, added that SBaaS is designed to bridge the gap between payload developers and satellite platforms, providing a cost-effective, standardised solution for in-orbit demonstration of new technologies.
