Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Military Industry Today.
Ocean Power Technologies Installs AI Capable Merrows™ PowerBuoy® for Naval Postgraduate School
GlobeNewswire, Inc.
·
July 9, 2025
MONROE TOWNSHIP, N.J., July 09, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced...
PTFS Awarded Contract to Modernize Collection Management at U.S. Army Heritage and Education Center
EIN Presswire
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July 9, 2025
PTFS and Knowvation were selected for a proven track record, technical excellence, and deep understanding of federal archival needs. ROCKVILLE, MD, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- Progressive Technology Federal Systems, Inc....
Richardson Electronics, Ltd. Strengthens Power Management Portfolio with Pakal Technologies Global Technology Partner Agreement
GlobeNewswire, Inc.
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July 9, 2025
LAFOX, Ill., July 09, 2025 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) today announced a global technology partner agreement with Pakal Technologies, Inc., a cutting-edge innovator in silicon power semiconductor solutions....
France gives back army base to Senegal
MENAFN
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July 9, 2025
(MENAFN) France has officially returned a military communications base in western Senegal to local authorities after withdrawing its troops, the French embassy announced. This move follows Senegalese President Bassirou Diomaye Faye’s call last...
Neuromorphic Chip Market Is Booming Worldwide 2025-2032 | IBM Research, Inc., Knowm Inc.
EIN Presswire
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July 9, 2025
CA, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- Neuromorphic Chip Market is estimated to be valued at USD 125.39 Bn in 2025 and is expected to reach USD 4,599.75 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 67.3% from...
Bangladesh, Turkey to enhance bilateral relations in defense sector
MENAFN
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July 9, 2025
(MENAFN) During a visit to Bangladesh, the head of Türkiye’s Defense Industries Secretariat, Haluk Gorgun, emphasized the importance of close collaboration in defense between the two nations. Gorgun met with Bangladesh’s interim leader Muhammad...
China establishes IDSEA to advance deep space research
MENAFN
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July 9, 2025
(MENAFN) China has inaugurated the International Deep Space Exploration Association (IDSEA), a new global academic organization focused on advancing deep space research, during an event held Monday in Hefei, the capital of Anhui province. The...
South Korea’s Defense Nominee Calls to Restore Military Pact
MENAFN
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July 9, 2025
(MENAFN) Ahn Gyu-back, the nominee for South Korea’s Defense Minister, emphasized the importance of reinstating the inter-Korean military tension reduction agreement as the new administration aims to improve relations with North Korea, according...
S. Korean DM nominee wants inter-Korean military tension reduction agreement
MENAFN
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July 9, 2025
(MENAFN) Ahn Gyu-back, nominated as South Korea’s Defense Minister, has emphasized the importance of reinstating the military tension reduction agreement between the two Koreas, as the new administration works to improve relations with the North....
Zelenskyy Demands Intensifying U.S. Weapons Deliveries
MENAFN
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July 9, 2025
(MENAFN) Ukrainian President Volodymyr Zelenskyy on Tuesday directed Defense Minister Rustem Umerov and Commander-in-Chief of the Armed Forces Oleksandr Syrsky to ramp up engagement with the United States in a push to accelerate military aid...
Military Branches Battled for Victory in Event Hosted by New Orleans Saints and Dudley DeBosier
EIN Presswire
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July 8, 2025
The New Orleans Saints and Dudley DeBosier Injury Lawyers concluded their Battle of the Branches military competition on July 1. NEW ORLEANS, LA, UNITED STATES, July 8, 2025 /EINPresswire.com/ -- The New Orleans Saints and Dudley DeBosier Injury...
PureCipher Awarded Air Force Direct-to-Phase II SBIR Contract to Deliver Secure Aerial Combat Communications
EIN Presswire
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July 8, 2025
Breakthrough Security Platform to Strengthen U.S. Air Dominance BOCA RATON, FL, UNITED STATES, July 8, 2025 /EINPresswire.com/ -- PureCipher™ has been awarded a prestigious Direct-to-Phase II SBIR contract by AFWERX to develop a next-generation...
Hong Kong-Based Company Agrees to Pay $876,000 to Resolve Alleged False Claims Act Violations
The U.S. Attorney's Office District of Puerto Rico
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July 8, 2025
Schaefer Systems International Ltd. (SSI) has agreed to pay $876,000 to resolve alleged False Claims Act violations relating to the payment of a prohibited finder’s fee in connection with the award of an Army and Air Force Exchange Service (AAFES)...
Firan Technology Group Corporation (“FTG”) Announces Second Quarter 2025 Financial Results
GlobeNewswire, Inc.
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July 8, 2025
TORONTO, July 08, 2025 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) today announced financial results for the second quarter 2025. Second Quarter Financial Highlights: Bookings: Total bookings reached $45.8...
Justice Department Announces Arrest of Prolific Chinese State-Sponsored Contract Hacker
The U.S. Attorney's Office District of Puerto Rico
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July 8, 2025
The Justice Department announced today that Xu Zewei (徐泽伟), 33, of the People’s Republic of China was arrested on July 3 in Italy at the request of the United States. Xu and his co-defendant, PRC national Zhang Yu (张宇), 44, are charged in a...
Turkish technology company is set to showcase new innovation
MENAFN
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July 8, 2025
(MENAFN) Turkish technology firm Radio Teknoloji is set to showcase its latest innovation in wireless connectivity, known as Astradrive, at the upcoming International Defense Industry Fair (IDEF 2025), which will be held from July 22 to 27 at the...
Zignal Labs and Carahsoft Partner to Deliver Next-Generation OSINT Platform to Government and Defense Agencies
GlobeNewswire, Inc.
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July 8, 2025
SAN FRANCISCO and RESTON, Va., July 08, 2025 (GLOBE NEWSWIRE) -- Zignal Labs, a leader in open source intelligence (OSINT) for mission-ready situational awareness, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®,...
Pakistan's Military Chief Denies Foreign Assistance
MENAFN
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July 8, 2025
(MENAFN) Pakistan’s top military commander, Field Marshal Gen. Asim Munir, strongly criticized what he described as unfounded "insinuations" about "external support" during the recent "purely bilateral" hostilities with India. His remarks followed...
Grushko Accuses NATO, EU of Military Clash with Russia
MENAFN
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July 8, 2025
(MENAFN) Deputy Foreign Minister Alexander Grushko asserted on Tuesday that both NATO and the European Union are actively getting ready for a possible military encounter with Russia. His remarks were made during a press conference held in the...
Russia, Mali enhance trade, joint research
MENAFN
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July 8, 2025
(MENAFN) Russian President Vladimir Putin and Mali’s transitional leader, Colonel Assimi Goita, met in Moscow on Monday to sign a series of agreements aimed at strengthening bilateral cooperation. The two countries finalized three major treaties,...