Latest news with #TradewindsSolutionsMarketplace
Yahoo
4 days ago
- Business
- Yahoo
Vantiq Earns DoD Tradewinds Awardable Status Clearing a Fast Path to Defense Deployment
WALNUT CREEK, Calif., June 12, 2025 /PRNewswire/ -- Vantiq, the global leader in real-time AI and intelligent systems platforms, announced today its official designation as "awardable" through the Department of Defense's (DoD) Tradewinds Solutions Marketplace. This prestigious endorsement from the Chief Digital and AI Office (CDAO) validates Vantiq's platform as mission-ready, innovative and deployable at scale across defense environments. The Tradewinds awardable status positions Vantiq directly in alignment with the Secretary of Defense's March 2025 directive to accelerate software acquisition via Commercial Solutions Opening (CSO), Other Transaction Authority (OTA) and the Software Acquisition Pathway (SWP). Vantiq now stands in the fast lane for DoD adoption, enabling agencies to procure the platform immediately and eliminating traditional delays for rapid mission delivery via the Adaptive Acquisition Framework (AAF). "Vantiq's awardable designation confirms our commitment to delivering operational—not experimental—AI solutions that support real-time decision-making, autonomy and system orchestration critical to national security," said Marty Sprinzen, Co-founder and CEO, Vantiq. "This recognition underscores that Vantiq is built for the complexities of defense missions where lives and assets depend on reliable, intelligent systems." Vantiq successfully passed a rigorous evaluation process demonstrating scalability, innovation and high impact across AI/ML, autonomous operations and real-time distributed intelligence. The platform's peer-to-peer federated architecture supports resilient operation from drones to disconnected edge environments, maintaining mission continuity even when connectivity is compromised. Industry experts agree the CDAO endorsement marks a turning point in how the DoD fields next-generation capabilities. John Weiler, CEO of the IT-AAC stated, "I am not surprised to see CDAO recognize Vantiq's unique offering that aligns perfectly with the SECDEF's memo on use of OTA's and SW Acquisition Pathways. Their AI-driven SW platform will provide PMs with means for embracing Cloud, Edge Computing and distributed data sources of every type" Key benefits of Vantiq's Tradewinds awardable status include: Supporting the DoD's need for speed and agility with faster development and operational deployment cycles Enabling real-time, distributed intelligence across cloud, edge and IoT devices Delivering 90% faster development with low-code tools designed for rapid multi-agent system creation Automating generative AI for trustworthy, auditable, multi-agent collaboration in mission-critical settings Providing end-to-end control and full interoperability without vendor lock-in Together, these capabilities give the Department of Defense a single, open platform that brings intelligence in real-time to every layer of the mission—from secure cloud to contested edge—while preserving the audit trails and interoperability mandates that safeguard national security. "Harnessing the power of agentic AI, Vantiq is transforming software design, development and deployment—enabling adaptive, autonomous solutions that accelerate innovation and operational efficiency," added Nino Marcantonio, the Director of Defense Logistics Innovation Forum. This award is a major milestone for Vantiq, affirming its role as a critical enabler for the DoD's AI-driven modernization strategy and underscores the platform's readiness to accelerate defense mission outcomes at scale. About VantiqVantiq is the leading platform for automating and orchestrating software with real-time intelligence powered by Generative AI—turning insight into instant action. Built for enterprises, governments, and industries where milliseconds matter, Vantiq enables organizations to integrate AI, edge computing, and real-time data to power intelligent, event-driven systems. With its low-code architecture and Agentic AI capabilities, Vantiq accelerates digital transformation in sectors like emergency response, smart infrastructure, defense and healthcare—ensuring AI doesn't just analyze data, but takes action when it counts. For more information, visit About TradewindsThe Tradewinds Solutions Marketplace is the premier offering of Tradewinds, the Department of Defense's (DoD's) suite of tools and services designed to accelerate the procurement and adoption of Artificial Intelligence (AI)/Machine Learning (ML), data, and analytics capabilities. View original content to download multimedia: SOURCE Vantiq Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Hyliion Holdings KARNO Power Module selected by US Air Force for initiative
Hyliion Holdings (HYLN) announced its KARNO Power Module was selected by the Department of the Air Force and the Department of Defense's Chief Digital and Artificial Intelligence Office to respond to an operational requirement. The initiative aims to maintain critical operations during fuel supply disruptions by allowing seamless transitions between available fuels. Hyliion was selected through the Tradewinds Solutions Marketplace process, designed to accelerate procurement of mission critical technologies. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on HYLN: Disclaimer & DisclosureReport an Issue Hyliion Holdings Annual Meeting Key Decisions Unusually active option classes on open May 21st Hyliion Holdings Corp. Earnings Call: Progress Amid Challenges Hyliion Holdings Reports Q1 2025 Financial Results Hyliion Holdings reports Q1 EPS (10c) vs. (9c) last year 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
Business Wire
28-05-2025
- Business
- Business Wire
Hyliion KARNO Power Module selected by US Air Force and DOD Chief Digital and Artificial Intelligence Office Under Military Multi-Fuel Initiative
AUSTIN, Texas--(BUSINESS WIRE)-- Hyliion Holdings Corp. (NYSE American: HYLN), a leading provider of innovative KARNO™ Power Modules, announced today that they were selected by the Department of the Air Force and the Department of Defense's Chief Digital and Artificial Intelligence Office (CDAO) to respond to a validated operational requirement within the Air Force to maintain critical operations during fuel supply disruptions by allowing seamless transitions between available fuels. Having achieved 'Awardable' status, Hyliion can now directly support the Air Force's transition toward more resilient energy sources, reducing reliance on one fuel and enabling integration of alternative fuels in-line with DoD energy strategy. Hyliion was selected through the CDAO's innovative solicitation process known as the Tradewinds Solutions Marketplace, which is designed to accelerate the procurement and adoption of mission critical technologies, such as Artificial Intelligence, Machine Learning, and resilient energy technologies. 'The Air Force leveraged the Tradewinds solicitation process to quickly collaborate with innovative American companies to enhance our ability to maintain critical operations during fuel supply disruptions, simplify logistics, and reduce procurement and maintenance costs over time,' said Mr. Kirk Phillips, Director, Air Force Office of Energy Assurance. 'Being featured on the Tradewinds Solutions Marketplace is a significant milestone for Hyliion,' said Thomas Healy, Founder and CEO of Hyliion. 'It validates the strategic value of our KARNO technology and underscores our commitment to supporting government missions. We are excited to play a role in reducing logistical burdens and increasing agility by eliminating the need for separate generators for each fuel type.' The KARNO system's versatility across fuel types and its superior environmental footprint makes it ideal for dynamic and remote deployment scenarios where resilience, efficiency, and sustainability are paramount. Hyliion was recognized among a competitive field of applicants to the Tradewinds Solutions marketplace whose solutions demonstrated innovation, scalability, and potential impact on DoD missions. Government customers interested in viewing the video solution can create a Tradewinds Solutions Marketplace account at About Hyliion Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The Company's primary focus is to provide modular power plant technology that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, Ohio, Hyliion is initially targeting the commercial and waste management industries with a locally deployable KARNO TM Power Module that can offer prime power as well as energy arbitrage opportunities. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. Visit to learn more. About the Tradewinds Solutions Marketplace The Tradewinds Solutions Marketplace is a digital repository of post-competition, readily awardable pitch videos that address the Department of Defense's (DoD) most significant challenges in the Artificial Intelligence/Machine Learning (AI/ML), data, and analytics space. All awardable solutions have been assessed through complex scoring rubrics and competitive procedures and are available to Government customers with a Marketplace account. Government customers can create an account at Tradewinds is housed in the DoD's Chief Digital Artificial Intelligence Office. For more information or media requests, contact: Success@ About the Air Force Office of Energy Assurance The Air Force Office of Energy Assurance (AF OEA), a directorate of the Air Force Civil Engineer Center (AFCEC), develops energy solutions that close energy resilience gaps and strengthen our nation's Air Force and Space Force installations at home and abroad. By leveraging the expertise of the energy community, AF OEA builds tailored energy solutions for each installation that are resilient, innovative, and cost-effective. For more information visit For more information or media requests, contact: Success@ Forward Looking Statements The information in this press release includes 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding Hyliion and its future financial and operational performance, as well as its strategy, future operations, estimated financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used in this press release, including any oral statements made in connection therewith, the words 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Hyliion expressly disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements herein, to reflect events or circumstances after the date of this press release. Hyliion cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyliion. These risks include, but are not limited to, our status as an early stage company with a history of losses, and our expectation of incurring significant expenses and continuing losses for the foreseeable future; our ability to develop key commercial relationships with suppliers and customers; our ability to retain the services of Thomas Healy, our Chief Executive Officer; the expected performance of the KARNO generator and system; the execution of the strategic shift from our powertrain business to our KARNO business; our ability to comply with governmental regulations related to defense spending and procurement; the suitability of our products for defense applications; and the other risks and uncertainties described under the heading 'Risk Factors' in our SEC filings including in our Annual Report (See item 1A. Risk Factors) on Form 10-K filed with the Securities and Exchange Commission (the 'SEC') on February 25, 2025 for the year ended December 31, 2024 and in our subsequently filed Forms 10-Q. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact Hyliion's operations and projections can be found in its filings with the SEC. Hyliion's SEC Filings are available publicly on the SEC's website at and readers are urged to carefully review and consider the various disclosures made in such filings.
Yahoo
28-05-2025
- Business
- Yahoo
Hyliion KARNO Power Module selected by US Air Force and DOD Chief Digital and Artificial Intelligence Office Under Military Multi-Fuel Initiative
AUSTIN, Texas, May 28, 2025--(BUSINESS WIRE)--Hyliion Holdings Corp. (NYSE American: HYLN), a leading provider of innovative KARNO™ Power Modules, announced today that they were selected by the Department of the Air Force and the Department of Defense's Chief Digital and Artificial Intelligence Office (CDAO) to respond to a validated operational requirement within the Air Force to maintain critical operations during fuel supply disruptions by allowing seamless transitions between available fuels. Having achieved "Awardable" status, Hyliion can now directly support the Air Force's transition toward more resilient energy sources, reducing reliance on one fuel and enabling integration of alternative fuels in-line with DoD energy strategy. Hyliion was selected through the CDAO's innovative solicitation process known as the Tradewinds Solutions Marketplace, which is designed to accelerate the procurement and adoption of mission critical technologies, such as Artificial Intelligence, Machine Learning, and resilient energy technologies. "The Air Force leveraged the Tradewinds solicitation process to quickly collaborate with innovative American companies to enhance our ability to maintain critical operations during fuel supply disruptions, simplify logistics, and reduce procurement and maintenance costs over time," said Mr. Kirk Phillips, Director, Air Force Office of Energy Assurance. "Being featured on the Tradewinds Solutions Marketplace is a significant milestone for Hyliion," said Thomas Healy, Founder and CEO of Hyliion. "It validates the strategic value of our KARNO technology and underscores our commitment to supporting government missions. We are excited to play a role in reducing logistical burdens and increasing agility by eliminating the need for separate generators for each fuel type." The KARNO system's versatility across fuel types and its superior environmental footprint makes it ideal for dynamic and remote deployment scenarios where resilience, efficiency, and sustainability are paramount. Hyliion was recognized among a competitive field of applicants to the Tradewinds Solutions marketplace whose solutions demonstrated innovation, scalability, and potential impact on DoD missions. Government customers interested in viewing the video solution can create a Tradewinds Solutions Marketplace account at About Hyliion Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The Company's primary focus is to provide modular power plant technology that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, Ohio, Hyliion is initially targeting the commercial and waste management industries with a locally deployable KARNOTM Power Module that can offer prime power as well as energy arbitrage opportunities. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. Visit to learn more. About the Tradewinds Solutions Marketplace The Tradewinds Solutions Marketplace is a digital repository of post-competition, readily awardable pitch videos that address the Department of Defense's (DoD) most significant challenges in the Artificial Intelligence/Machine Learning (AI/ML), data, and analytics space. All awardable solutions have been assessed through complex scoring rubrics and competitive procedures and are available to Government customers with a Marketplace account. Government customers can create an account at Tradewinds is housed in the DoD's Chief Digital Artificial Intelligence Office. For more information or media requests, contact: Success@ About the Air Force Office of Energy Assurance The Air Force Office of Energy Assurance (AF OEA), a directorate of the Air Force Civil Engineer Center (AFCEC), develops energy solutions that close energy resilience gaps and strengthen our nation's Air Force and Space Force installations at home and abroad. By leveraging the expertise of the energy community, AF OEA builds tailored energy solutions for each installation that are resilient, innovative, and cost-effective. For more information visit For more information or media requests, contact: Success@ Forward Looking Statements The information in this press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding Hyliion and its future financial and operational performance, as well as its strategy, future operations, estimated financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used in this press release, including any oral statements made in connection therewith, the words "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Hyliion expressly disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements herein, to reflect events or circumstances after the date of this press release. Hyliion cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyliion. These risks include, but are not limited to, our status as an early stage company with a history of losses, and our expectation of incurring significant expenses and continuing losses for the foreseeable future; our ability to develop key commercial relationships with suppliers and customers; our ability to retain the services of Thomas Healy, our Chief Executive Officer; the expected performance of the KARNO generator and system; the execution of the strategic shift from our powertrain business to our KARNO business; our ability to comply with governmental regulations related to defense spending and procurement; the suitability of our products for defense applications; and the other risks and uncertainties described under the heading "Risk Factors" in our SEC filings including in our Annual Report (See item 1A. Risk Factors) on Form 10-K filed with the Securities and Exchange Commission (the "SEC") on February 25, 2025 for the year ended December 31, 2024 and in our subsequently filed Forms 10-Q. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact Hyliion's operations and projections can be found in its filings with the SEC. Hyliion's SEC Filings are available publicly on the SEC's website at and readers are urged to carefully review and consider the various disclosures made in such filings. View source version on Contacts Hyliion Holdings Investor Relationsir@
Yahoo
08-05-2025
- Business
- Yahoo
EdgeRunner AI Raises $12M Series A With Support From HP, Madrona, And Alumni Ventures To Advance Air-Gapped AI For Defense
Seattle-based startup EdgeRunner AI has announced the completion of a $12 million Series A funding round, aimed at advancing its development of offline AI agents tailored for military applications. The company announced last week that the funding round was led by Madrona, with participation from HP Tech Ventures, Four Rivers Ventures, and Alumni Ventures. This investment brings the company's total funding to $17.5 million. Don't Miss: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — EdgeRunner AI specializes in creating domain-specific AI agents that operate entirely on-device, eliminating the need for internet connectivity. These agents are designed to assist military personnel in decision-making processes, particularly in roles such as logistics and maintenance. By running AI models locally, the technology ensures low latency, reduced cloud costs, and enhanced data privacy, according to GeekWire. 'We're building the J.A.R.V.I.S. to your Ironman, but we're starting with the warfighters first, because they need it,' co-founder and CEO Tyler Xuan Saltsman told GeekWire. Saltsman brings eight years of experience as an Army officer and logistician, along with roles at Amazon Web Services and Stability AI. Co-founder and Chief Operating Officer Colton Malkerson has a background in enterprise sales at Stability AI and experience within the U.S. government. According to the company's statement, the startup has entered into a Cooperative Research and Development Agreement with the U.S. Air Force Research Laboratory to develop AI agents customized for the Air Force's unique occupational specialties. Additionally, EdgeRunner AI has been designated as an 'awardable' vendor for the Department of Defense's Tradewinds Solutions Marketplace, making its platform available to support critical missions across the Pentagon. Trending: Donald Trump just announced a $500 billion AI infrastructure deal — . EdgeRunner AI's momentum is backed by a powerful roster of investors, a coalition of respected firms that brings not only capital but also strategic expertise in scaling breakthrough technologies. Matt McIlwain, managing director at Madrona, has taken a board seat at EdgeRunner, GeekWire said. In a Madrona statement last week, McIlwain emphasized the precision of EdgeRunner's approach, calling it "domain-specific, highly intentional, and built to deliver value under the most difficult conditions." EdgeRunner AI has also been recognized by CB Insights, being named to its AI 100 list, which highlights the most promising private AI companies globally. The company said it has showcased its technology at Intel (NASDAQ:INTC)'s Vision event, highlighting its advancements in on-device AI for defense. According to a LinkedIn post, it also participated in the Nvidia (NASDAQ:NVDA) AI Summit in October, further signaling its rising influence in the military technology the new funding, EdgeRunner AI plans to expand its team and invest further in product development. The company said in its statement last week that it aims to enhance its platform's capabilities, ensuring that military personnel have access to reliable AI tools, even in environments with limited or no internet connectivity. EdgeRunner is actively hiring across engineering, operations, and customer experience roles in preparation for its next phase of development, according to its website. Read Next:Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? INTEL (INTC): Free Stock Analysis Report NVIDIA (NVDA): Free Stock Analysis Report This article EdgeRunner AI Raises $12M Series A With Support From HP, Madrona, And Alumni Ventures To Advance Air-Gapped AI For Defense originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
