USGIF Honors Vice Admiral Robert Sharp, USN (Ret.), with 2025 Lundahl-Finnie Lifetime Achievement Award
HERNDON, Va.--(BUSINESS WIRE)--Jun 30, 2025--
The United States Geospatial Intelligence Foundation (USGIF) is proud to announce Vice Admiral Robert 'Bob' Sharp, USN (Ret.), as the recipient of the 2025 Arthur C. Lundahl-Thomas C. Finnie Lifetime Achievement Award. This prestigious award recognizes individuals who have made distinguished, long-standing contributions to the geospatial intelligence (GEOINT) tradecraft and community. VADM Sharp is being honored for more than three decades of service and leadership in national security and intelligence, culminating in his tenure as the Director of the National Geospatial-Intelligence Agency (NGA) from 2019 to 2022.
As Director of NGA, VADM Sharp led a global workforce of more than 14,000 professionals across 120+ locations, delivering trusted geospatial intelligence to decision-makers, warfighters, first responders, and allies. His leadership was instrumental in modernizing NGA operations during the COVID-19 pandemic, emphasizing agility, resilience, and a people-centered approach.
A Naval Intelligence Officer for more than 34 years, VADM Sharp played a pivotal role within the Navy's Information Warfare Community. Known for fostering high-performing teams and strategic transformation, his career reflects a deep commitment to service, collaboration, and excellence.
VADM Sharp earned a Bachelor of Arts from the University of the Pacific and a Master of Science in National Resource Strategy from the Industrial College of the Armed Forces. In his current role as CEO of B Sharp – Global Solutions, he advises organizations dedicated to making a positive global impact.
The award will be formally presented at the annual GEOGala, taking place on Friday, December 5, 2025, at the Ritz-Carlton in Tysons, VA.
About USGIF:
The United States Geospatial Intelligence Foundation is a non-profit educational foundation dedicated to promoting the geospatial intelligence tradecraft and building a stronger GEOINT community through education, professional development, and innovation.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250630231803/en/
CONTACT: Sabrina Castellanos, Senior Communications Manager
United States Geospatial Intelligence Foundation (USGIF)
[email protected]
KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA
INDUSTRY KEYWORD: PUBLIC POLICY/GOVERNMENT DEFENSE OTHER DEFENSE OTHER EDUCATION HOMELAND SECURITY EDUCATION AEROSPACE MANUFACTURING
SOURCE: The United States Geospatial Intelligence Foundation
Copyright Business Wire 2025.
PUB: 06/30/2025 11:12 AM/DISC: 06/30/2025 11:12 AM
http://www.businesswire.com/news/home/20250630231803/en
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
25 minutes ago
- Business Wire
Tempus Announces Pricing of Upsized Offering of $650 Million of Convertible Senior Notes
CHICAGO--(BUSINESS WIRE)--Tempus AI, Inc. ('Tempus') (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, today announced the pricing of $650 million aggregate principal amount of 0.75% Convertible Senior Notes due 2030 (the 'Notes') in a private placement (the 'Offering') to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the 'Securities Act'). The aggregate principal amount of the Offering was increased from the previously announced offering size of $400 million. Tempus also granted the initial purchasers of the Notes an over-allotment option to purchase, within a 13-day period beginning on, and including, the date on which the Notes are first issued, up to an additional $100 million aggregate principal amount of Notes. The sale of the Notes to the initial purchasers is expected to close on July 3, 2025, subject to customary closing conditions. The Notes will be general unsecured obligations of Tempus and will accrue interest payable semiannually in arrears on January 15 and July 15 of each year, beginning on January 15, 2026, at a rate of 0.75% per year. The Notes will mature on July 15, 2030, unless earlier converted, redeemed or repurchased. Tempus estimates that the net proceeds from the Offering will be approximately $625.3 million (or approximately $721.7 million if the initial purchasers exercise their over-allotment option to purchase additional Notes in full), after deducting the initial purchasers' discounts and commissions and estimated Offering expenses payable by Tempus. Tempus expects to use the net proceeds from the Offering to repay $274.7 million principal amount of its outstanding senior secured term loans, plus accrued and unpaid premium and interest, to pay the approximately $36.2 million cost of the capped call transactions described below, and for general corporate purposes, which may include acquisitions or strategic investments in complementary businesses or technologies, working capital, operating expenses, capital expenditures and repayment of additional indebtedness. If the initial purchasers exercise their over-allotment option to purchase additional Notes, Tempus expects to use a portion of the net proceeds from the sale of the additional Notes to enter into additional capped call transactions and for the general corporate purposes described above. Prior to April 15, 2030, the Notes will be convertible at the option of the noteholders only if one or more specific conditions are met. On or after April 15, 2030 until the close of business on the second scheduled trading day immediately preceding the maturity date, the Notes will be convertible in integral multiples of $1,000 principal amount at the option of the noteholders at any time regardless of these conditions. Upon conversion, Tempus will pay or deliver, as the case may be, cash, shares of Tempus' Class A common stock, par value $0.0001 per share ('Class A common stock') or a combination of cash and shares of Class A Common stock, at its election. The initial conversion rate is 11.8778 shares of Class A Common stock per $1,000 principal amount of Notes (equivalent to an initial conversion price of approximately $84.19 per share of Class A Common stock, which represents a conversion premium of approximately 32.5% to the last reported sale price of Class A Common stock on the Nasdaq Global Select Market on June 30, 2025), and will be subject to customary anti-dilution adjustments. Tempus may not redeem the Notes prior to July 20, 2028. Tempus may redeem for cash all or any portion of the Notes (subject to the partial redemption limitation described below), at its option, on or after July 20, 2028 and prior to the 21 st scheduled trading day immediately preceding the maturity date of the Notes if the last reported sale price of Class A common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which Tempus provides notice of redemption at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. If Tempus redeems fewer than all of the outstanding Notes, at least $100 million aggregate principal amount of Notes must be outstanding and not subject to redemption as of, and after giving effect to, delivery of the relevant notice of redemption. If Tempus undergoes a 'fundamental change' (as defined in the indenture that will govern the Notes), then, subject to certain conditions and limited exceptions, holders of the Notes may require Tempus to repurchase for cash all or any portion of their Notes in principal amounts of $1,000 or an integral multiple thereof at a repurchase price equal to 100% of the principal amount of the Notes to be repurchased, plus accrued and unpaid interest, to, but excluding, the fundamental change repurchase date. In addition, following certain corporate events that occur prior to the maturity date of the Notes or if Tempus delivers a notice of redemption, Tempus will, in certain circumstances, increase the conversion rate of the Notes for a holder who elects to convert its Notes in connection with such a corporate event or convert its Notes called (or deemed called) for redemption during the related redemption period, as the case may be. In connection with the pricing of the Notes, Tempus entered into privately negotiated capped call transactions with one of the initial purchasers and certain other financial institutions (the 'Option Counterparties'). The capped call transactions cover, subject to customary adjustments, the number of shares of Class A common stock initially underlying the Notes. The capped call transactions are expected generally to reduce the potential dilution to the Class A common stock upon any conversion of Notes and/or offset any cash payments Tempus is required to make in excess of the principal amount of converted Notes, as the case may be, with such reduction and/or offset subject to a cap. The cap price of the capped call transactions relating to the Notes will initially be $111.1950, which represents a premium of 75% over the last reported sale price of the Class A common stock on the Nasdaq Global Select Market on June 30, 2025, and is subject to certain adjustments under the terms of the capped call transactions. In connection with establishing their initial hedges of the capped call transactions, Tempus expects the Option Counterparties or their respective affiliates will enter into various derivative transactions with respect to the Class A common stock and/or purchase shares of Class A common stock concurrently with or shortly after the pricing of the Notes, including with, or from, as the case may be, certain investors in the Notes. This activity could increase (or reduce the size of any decrease in) the market price of the Class A common stock or the Notes at that time. In addition, the Option Counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to the Class A common stock and/or purchasing or selling Class A common stock or other securities of Tempus in secondary market transactions following the pricing of the Notes and prior to the maturity of the Notes (and are likely to do so during the 20 trading day period beginning on the 21 st scheduled trading day prior to the maturity date of the Notes, or, to the extent Tempus exercises the relevant election under the capped call transactions, following any repurchase, redemption or conversion of the Notes). This activity could also cause or avoid an increase or a decrease in the market price of the Class A common stock or the Notes which could affect a noteholder's ability to convert the Notes and, to the extent the activity occurs during any observation period related to a conversion of Notes, it could affect the number of shares, if any, and value of the consideration that a noteholder will receive upon conversion of its Notes. The Notes and any shares of Class A common stock issuable upon conversion of the Notes have not been and will not be registered under the Securities Act, any state securities laws or the securities laws of any other jurisdiction, and unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws. This press release is neither an offer to sell nor a solicitation of an offer to buy any of these securities nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction. About Tempus Tempus is a technology company advancing precision medicine through the practical application of artificial intelligence in healthcare. With one of the world's largest libraries of multimodal data, and an operating system to make that data accessible and useful, Tempus provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics. The goal is for each patient to benefit from the treatment of others who came before by providing physicians with tools that learn as the company gathers more data. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, the proposed Offering, including statements concerning the proposed and the anticipated completion, timing and size of the proposed Offering of the Notes, the capped call transactions, the anticipated use of proceeds from the Offering, and the potential impact of the foregoing or related transactions on dilution to holders of the Class A common stock and the market price of the Class A common stock or the Notes or the conversion price of the Notes. These forward-looking statements are based on Tempus' current assumptions, expectations and beliefs and are subject to substantial risks, uncertainties, assumptions and changes in circumstances that may cause Tempus' actual results, performance or achievements to differ materially from those expressed or implied in any forward-looking statement. These risks include, but are not limited to market risks, trends and conditions. These and other risks are more fully described in Tempus' filings with the Securities and Exchange Commission ('SEC'), including in the section entitled 'Risk Factors' in its Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 24, 2025, as well as other filings Tempus may make with the SEC in the future. Tempus undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.
Business Wire
36 minutes ago
- Business Wire
Ryan Named One of the 100 Best Companies to Work for in India by Great Place To Work ®
HYDERABD, India--(BUSINESS WIRE)-- Ryan, a leading global tax services and software provider, has been recognized as one of India's 100 Best Companies to Work for in 2025 by Great Place To Work ®, ranking 45. This year's recognition marks the third year Ryan has been selected as one of the premiere workplaces across India. Through a rigorous evaluation process, 100 organizations have been recognized as India's Best Companies to Work for in 2025. These companies have demonstrated exceptional performance in crafting innovative people practices and actively responding to employee feedback. Each company's commitment to building and nurturing a high-trust culture sets them apart, reflecting their dedication to creating workplaces where employees feel valued, supported, and empowered. 'This is a significant milestone that reflects the unwavering commitment of our India team and their intentional focus on building culture rooted in trust, pride, and camaraderie,' said Ginny B. Kissling, President Americas and Chief Operating Officer. 'We are incredibly proud of our leaders and team members who are the backbone of this recognition. Thank you all for a job well done.' Great Place To Work, a global authority on workplace culture, has been at the forefront of advancing employee experience and people practices for more than three decades. Each year, more than 100 million employees spanning over 150 countries participate in the Great Place To Work assessment. This comprehensive evaluation enables organizations worldwide to benchmark their workplace culture and implement strategic actions to foster exceptional employee environments. 'I would like to congratulate Ryan's India team for accomplishing this milestone,' says Balbir Singh, CEO of Great Place To Work India. 'Getting recognized among India's Best Companies to Work for in 2025 is a testament to what's possible when trust is nurtured, people feel heard, and everyone feels they belong. We invite every leader to join us on this journey of becoming great.' Earning a spot on the list is an important indicator of overall company performance. Companies on the 100 Best list consistently outperform the market and exceed their competitors on key business measures like retention and innovation. A complete list of the winning companies can be found here. Learn more about exciting career opportunities with Ryan here. About Ryan Ryan, an award-winning global tax services and software provider, is the largest Firm in the world dedicated exclusively to business taxes. The Firm provides an integrated suite of international tax services on a multijurisdictional basis, including cost management, compliance, consulting, and technology services. Ryan is an 11-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognised as the most innovative in the tax services industry, Ryan's multidisciplinary team of more than 5,900 professionals and associates serves over 77,000 clients in more than 80 countries, including many of the world's most prominent Global 5000 companies. More information about Ryan can be found at
American Military News
an hour ago
- American Military News
Gas prices at 4-year low under Trump admin
Following President Donald Trump's military strikes against Iran's nuclear facilities and his announcement of a ceasefire between Iran and Israel, gas prices have dropped to a four-year low. As of Friday, the national average price for a gallon of gasoline was $3.20, according to Fox Business. The outlet noted that oil prices remain at the same level they were at prior to a temporary spike in prices amid concerns that conflict between Iran and Israel could disrupt the supply of oil in the Middle East. According to CNBC, Patrick De Haan, the head of GasBuddy's petroleum analysis, recently suggested that Americans could see the lowest gas prices in years over the upcoming summer months. De Haan also indicated that the national average price of gas could drop under $3 per gallon by September. 'It's going to be the cheapest summer since 2021, when the economy was heavily influenced by Covid,' De Haan told the outlet. According to Fox Business, oil temporarily spiked to $78 per barrel following Trump's military strikes on Iran's nuclear facilities in June; however, the outlet noted that the temporary spike in oil prices quickly dropped just two days after the U.S. military strikes. READ MORE: Gas prices soar to eight-month high Addressing the temporary spike in oil prices, De Haan said, 'Obviously the Middle East situation is an exception, but now that this is, seemingly for now, in de-escalation, gas prices should resume their slow decline over the course of the summer.' De Haan explained that gas prices are close to the lowest level observed over the last two decades when prices are adjusted for inflation. De Haan added, 'Americans are actually spending far less of their income on energy than they have in quite some time.' According to Fox Business, Lipow Oil Associates President Andy Lipow explained oil prices are expected to remain at their current level due to an abundant supply of oil and increased production from OPEC+. Lipow suggested that gas prices could drop between three and five cents over the week ahead of the July 4 holiday weekend. Phil Flynn, an energy market analyst, told Fox News that the reduction of geopolitical concerns following the destruction of Iran's nuclear program has 'shown up in the gas prices.' The energy market analyst also highlighted the Trump administration's favorable energy regulations, saying, 'This is going to be a big win for consumers as inflation continues to come down.'
