TechTaffy

tech:

taffy

Par Technology Awarded $5.2M Navy Contract

By TechTaffy Desk

George H.W. Bush is conducting training operations in the Atlantic Ocean.

Par Technology has been awarded a five-year $5.2 million contract, through its subsidiary Rome Research, to provide 24/7/365 operation and maintenance support of the Naval Radio Transmitter Facility (NRTF) Aguada, Puerto Rico Low Frequency (LF) Fixed Submarine Broadcasting System (FSBS). The FSBS provides strategic and tactical communications to U.S. and allied submarine forces in the Atlantic.

The Aguada site consists of an AN/FRT-95 series transmitter, a Top Hat Monopole 1,200-foot base insulated antenna, and associated hardware, equipment and facilities. Contract support services include transmitter site operations and maintenance, antenna tower maintenance, facilities upkeep and grounds maintenance.

[Image courtesy: U.S. Navy]

 

 

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.