Latest news with #ITAR
Yahoo
10-06-2025
- Business
- Yahoo
VPT Announces New VP of North American Sales, Trevor Rice
BLACKSBURG, Va., June 10, 2025 /PRNewswire/ -- VPT, Inc., a global leader in high-reliability power conversion solutions and a HEICO company (NYSE: HEI.A) (NYSE: HEI), is pleased to announce the appointment of Trevor Rice as Vice President of North American Sales. With more than 25 years of sales management experience, Rice will lead VPT's Outside Sales Team, Inside Sales Operations, and an extensive network of North American representatives. His leadership will be instrumental in advancing VPT's mission to deliver high-reliability DC-DC power conversion solutions. Prior to joining VPT, Rice spent 16 years with XP Power, a global manufacturer of AC-DC, DC-DC, high voltage, and RF power solutions. As Director of Sales, he led a team of Direct Sales Managers serving key sectors including semiconductor fabrication, healthcare, industrial, and defense markets. Rice began his career at Blacksburg-based Luna Innovations, where he held multiple engineering and sales positions, including Director of Business Development. He holds a Bachelor of Science in Mechanical Engineering from Virginia Polytechnic Institute and State University. "I'm thrilled to join VPT and contribute to a company with such a strong legacy in high-reliability power solutions," said Trevor Rice. "I look forward to working with our sales team and representatives to build on their successes and deliver value to our customers across North America." "Trevor's extensive technical background and decades of leadership in power conversion solutions make him an exceptional addition to our team," said Paul Andersen, who previously served as VPT's Vice President of North American Sales. "His addition to the team reinforces VPT's commitment to innovation and delivering customer-focused solutions in the power electronics industry." To learn more about VPT's leadership team and high-reliability power solutions, visit About VPT and HEICOVPT, Inc., part of the HEICO Electronic Technologies Group, is a global provider of innovative DC-DC power converters and EMI filters for avionics, military and space applications. Every day, organizations like NASA, Lockheed Martin, Boeing, BAE Systems, Thales, and many more depend on high-reliability solutions from VPT to power critical systems. For more information about VPT, please visit HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) is engaged primarily in niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. For more information about HEICO, please visit Products described in this communication are subject to all export license restrictions and regulations which may include but are not limited to ITAR (International Traffic in Arms Regulations) and the Export Administration and Foreign Assets Control Regulations. Further restrictions may apply. The information provided is considered accurate at time of publication, errors or omissions excepted. VPT, Inc. reserves the right to make changes to products or services without prior notification and advises customers to obtain the latest version of all relevant technical information from VPT to verify data prior to placing orders. VPT, its logo and tagline are registered trademarks in the U.S. Patent and Trademark Office. All other names, product names and trade names may be trademarks or registered trademarks of their respective holders. View original content to download multimedia: SOURCE VPT, Inc. 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
03-06-2025
- Business
- Yahoo
Sharrow Engineering Announces Plans to Build Nationwide Manufacturing Network
DETROIT, June 03, 2025--(BUSINESS WIRE)--Sharrow Engineering, the company behind the revolutionary Sharrow Propeller™, today announced plans to build a nationwide 5-axis CNC manufacturing network to support its expanding operations across both its recreational division, Sharrow Marine, and its new affiliate, Sharrow Labs. This initiative represents a strategic evolution in U.S.-based manufacturing, designed to scale production efficiently by tapping into the strength and capabilities of the existing domestic industrial base. With demand for the Sharrow Propeller growing rapidly across recreational, commercial, and government sectors, the company is investing in a national network of advanced 5-axis CNC machine shops that meet the highest industry standards—including ISO 9001:2000 for quality management, AS9100 for aerospace manufacturing, and ITAR registration for defense-related production. This initiative leverages the existing talent, capacity, and infrastructure of the U.S. manufacturing base to scale production and support future innovation. "We're proud to be expanding our footprint in Detroit while also building a national manufacturing backbone that supports American jobs," said Greg Sharrow, Founder and CEO of Sharrow Engineering. "By creating a flexible and scalable production network, we can meet the demand for Sharrow Propellers today, and support the manufacturing of future technologies coming out of Sharrow Labs tomorrow." Sharrow Engineering's new manufacturing network will support multiple divisions, including Sharrow Marine, which specializes in recreational and commercial marine applications, and Sharrow Labs, a newly launched innovation affiliate focused on developing breakthrough technologies in mobility, energy, and transportation. The network also strengthens Sharrow Engineering's capabilities in delivering high-precision solutions for government and defense partners. The company is also relocating its headquarters to Michigan Central, Detroit's emerging global center for mobility innovation. From this new base, Sharrow Engineering will coordinate R&D, IP management, and advanced manufacturing efforts across its business units. CNC shops interested in joining the Sharrow Manufacturing Network or learning more about partnership requirements can contact the company at info@ About Sharrow Engineering Sharrow Engineering is a Detroit-based company pioneering breakthrough technologies in propulsion, energy, and mobility. The company is best known for inventing the Sharrow™ Propeller, the first major advancement in propeller technology since the 1830s, which delivers up to 30% greater fuel efficiency and up to 80% noise reduction compared to traditional designs. Sharrow Engineering holds over 150 patents worldwide and is the parent company of Sharrow Marine, which manufactures and delivers high-performance marine propulsion systems to customers around the globe. The Sharrow Propeller has been widely recognized, including being named one of TIME's Best Inventions of 2023 and Soundings Trade Only's Most Innovative Marine Companies, and honored by Fast Company's World Changing Ideas Awards and Innovation by Design Awards. With applications that extend beyond marine into aerospace, defense, HVAC, and renewable energy, Sharrow Labs is redefining what's possible in modern propulsion. To learn more, visit View source version on Contacts Media Contact: sharrowmarine@ 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
03-06-2025
- Business
- Business Wire
Sharrow Engineering Announces Plans to Build Nationwide Manufacturing Network
DETROIT--(BUSINESS WIRE)--Sharrow Engineering, the company behind the revolutionary Sharrow Propeller™, today announced plans to build a nationwide 5-axis CNC manufacturing network to support its expanding operations across both its recreational division, Sharrow Marine, and its new affiliate, Sharrow Labs. This initiative represents a strategic evolution in U.S.-based manufacturing, designed to scale production efficiently by tapping into the strength and capabilities of the existing domestic industrial base. With demand for the Sharrow Propeller growing rapidly across recreational, commercial, and government sectors, the company is investing in a national network of advanced 5-axis CNC machine shops that meet the highest industry standards—including ISO 9001:2000 for quality management, AS9100 for aerospace manufacturing, and ITAR registration for defense-related production. This initiative leverages the existing talent, capacity, and infrastructure of the U.S. manufacturing base to scale production and support future innovation. 'We're proud to be expanding our footprint in Detroit while also building a national manufacturing backbone that supports American jobs,' said Greg Sharrow, Founder and CEO of Sharrow Engineering. 'By creating a flexible and scalable production network, we can meet the demand for Sharrow Propellers today, and support the manufacturing of future technologies coming out of Sharrow Labs tomorrow.' Sharrow Engineering's new manufacturing network will support multiple divisions, including Sharrow Marine, which specializes in recreational and commercial marine applications, and Sharrow Labs, a newly launched innovation affiliate focused on developing breakthrough technologies in mobility, energy, and transportation. The network also strengthens Sharrow Engineering's capabilities in delivering high-precision solutions for government and defense partners. The company is also relocating its headquarters to Michigan Central, Detroit's emerging global center for mobility innovation. From this new base, Sharrow Engineering will coordinate R&D, IP management, and advanced manufacturing efforts across its business units. CNC shops interested in joining the Sharrow Manufacturing Network or learning more about partnership requirements can contact the company at info@ About Sharrow Engineering Sharrow Engineering is a Detroit-based company pioneering breakthrough technologies in propulsion, energy, and mobility. The company is best known for inventing the Sharrow™ Propeller, the first major advancement in propeller technology since the 1830s, which delivers up to 30% greater fuel efficiency and up to 80% noise reduction compared to traditional designs. Sharrow Engineering holds over 150 patents worldwide and is the parent company of Sharrow Marine, which manufactures and delivers high-performance marine propulsion systems to customers around the globe. The Sharrow Propeller has been widely recognized, including being named one of TIME's Best Inventions of 2023 and Soundings Trade Only's Most Innovative Marine Companies, and honored by Fast Company's World Changing Ideas Awards and Innovation by Design Awards. With applications that extend beyond marine into aerospace, defense, HVAC, and renewable energy, Sharrow Labs is redefining what's possible in modern propulsion.
Associated Press
03-06-2025
- Business
- Associated Press
Ort Tool Achieves AS9100 Certification and ITAR Compliance, Strengthening Its Position in Aerospace and Defense Sectors
'This certification demonstrates the company's ability to consistently provide products that meet customer and regulatory requirements'— Angelo Milano, President, Ort Tool ERIE, MI, UNITED STATES, June 3, 2025 / / -- Ort Tool, a leading provider of precision-engineered components, proudly announces its recent achievement of AS9100 Revision D certification and compliance with International Traffic in Arms Regulations ( ITAR ). These milestones underscore Ort Tool's commitment to quality, safety, and regulatory compliance in the aerospace and defense industries. The AS9100 certification, awarded by a globally recognized certification body, validates Ort Tool's adherence to the stringent quality management standards required for aviation, space, and defense organizations. Ort Tool's API certification facilitated the achievement of AS 9100 certification. Angelo Milano, President, Ort Tool commented, 'This certification demonstrates the company's ability to consistently provide products that meet customer and regulatory requirements.' In addition to AS9100 certification, Ort Tool has also become ITAR compliant, showcasing its dedication to handling defense-related products while following all ITAR regulations. This compliance allows Ort Tool to expand its services in the defense sector, handling sensitive technical data and manufacturing components for military applications. 'We are thrilled to achieve both AS9100 certification and ITAR compliance,' said Angelo Milano, Ort Tool. 'These accomplishments reflect our team's hard work and dedication to delivering the highest quality products to our aerospace and defense customers. We are now better positioned to serve mission-critical customers throughout the supply chain.' The dual achievement of AS9100 certification and ITAR compliance positions Ort Tool Manufacturing as a key player in the aerospace and defense markets. Customers can expect enhanced quality assurance, improved performance, and a commitment to meeting the unique demands of these high-stakes industries. For more information about Ort Tool, please contact, Angelo Milano, President Ort Tool Phone: 734-848-1102 Email. [email protected] About Ort Tool: Ort Tool is a leading provider of precision-engineered components for the aerospace and defense industries. With state-of-the-art facilities and a team of skilled professionals, Ort Tool is committed to delivering high-quality, innovative solutions to meet the complex needs of its customers. Angelo Milano Ort Tool +1 734-848-1102 [email protected] Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Business Wire
08-05-2025
- Business
- Business Wire
DataRobot Launches New Federal AI Application Suite to Unlock Efficiency and Impact
BOSTON--(BUSINESS WIRE)-- DataRobot, the provider of AI that makes business sense, today introduced its federal AI application suite, a comprehensive set of agents and custom applications purpose-built for government agencies to deliver mission-critical AI in high-security environments. The new AI application suite enables government agencies to improve efficiency, accelerate output, and reduce overall cost when compared to legacy systems. The federal AI application suite delivers mission-specific AI use cases to help government agencies overcome critical challenges like talent attrition, financial management hurdles, asset downtime, legacy system integration, diverse data quality issues, emerging efficiency mandates, and more. It includes flexible tools for multimodal, predictive, generative, and agentic AI, and is engineered to meet stringent security, compliance, and operational standards. Whether supporting national security, intelligence, or defense operations, the suite ensures the reliability, resilience, and customization required to power AI-driven decision-making at scale. 'DataRobot has over a decade of experience working with government agencies and knows how to deliver AI that succeeds where it matters most. Federal leaders need AI that is proven, flexible, secure, and ready to drive outcomes on day one. Our new federal AI application suite turns large-scale data into actionable insights across geospatial, time-series, and sensor fusion use cases – all deployed securely in classified, air-gapped, and hybrid environments,' said Chad Cisco, Senior Vice President of Customer Success, Services, & Solutions at DataRobot. The new application suite is built to enhance performance and control costs in high-security environments: Integrate with real-world environments: Deploy AI within existing infrastructure – whether air-gapped, legacy, or hybrid – while meeting strict compliance, security, and mission-specific requirements. Co-validation against NIST 800-53, CMMC, ITAR, and HIPAA gives security teams full data ownership and policy control. Accelerate critical decisions with mission-ready AI: Get started quickly with use case-based applications built to realize measurable savings in the first production cycle, avoiding the lengthy custom builds that typically delay value. Deliver custom applications fast and on a predictable budget: Leverage mission-specific applications for specialized use cases faster and cheaper than other solution providers, or build your own applications with the DataRobot low-code builder and library of federally validated model components, rather than commissioning ground-up development. Keep AI mission-ready: Protect against drift or adversarial attacks in real-time with built-in tools for retraining and monitoring. Government agencies and institutions can take advantage of custom applications built to address a variety of pressing challenges, including: Unliquidated obligation and contract optimization: Predict surplus funds and reallocate to higher-priority projects. Fraud, waste, and abuse detection: Detect anomalous transactions in real-time to safeguard federal resources. Talent management: Forecast enlistment trends and skill gaps to guide recruiting and training. Operational efficiency and predictive maintenance: Anticipate equipment failures, streamline procurement, and cut downtime. Government customers like the U.S. Army are using DataRobot to reallocate funds to high-priority projects, prevent fraud, reduce operational downtime, and more. 'Our model was deployed into the Army Vantage Platform, allowing Army Contracting Command to de-obligate those funds and reuse them for other priorities. The Army has identified nearly $1B annually over the last two years and reallocated these critical funds due, in part, to successful machine learning technology,' said Bakari Dale, Army Senior Advisor, Enterprise Data Science & AI, at the U.S. Army. DataRobot can be deployed in on-premise and high-security environments, including completely air-gapped or classified enclaves. It provides IL 5-ready security, end-to-end encryption, and is fully validated and integrated with platforms like the Nutanix Cloud Platform solution. The news comes on the heels of DataRobot being recognized as a Nutanix Americas Technology Alliance Partner of the Year for 2025. Learn more To learn more about the DataRobot federal AI application suite, please visit About DataRobot DataRobot delivers AI that maximizes impact and minimizes business risk. Our platform and applications integrate into core business processes so teams can develop, deliver, and govern AI at scale. DataRobot empowers practitioners to deliver predictive and generative AI, and enables leaders to secure their AI assets. Organizations worldwide rely on DataRobot for AI that makes sense for their business — today and in the future. For more information, visit our website and connect with us on LinkedIn.
