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Veritone Awarded Sole Source Contract from the Department of the Air Force in Support of Air Force Office of Special Investigations
Veritone Awarded Sole Source Contract from the Department of the Air Force in Support of Air Force Office of Special Investigations

Business Wire

time25-06-2025

  • Business
  • Business Wire

Veritone Awarded Sole Source Contract from the Department of the Air Force in Support of Air Force Office of Special Investigations

DENVER--(BUSINESS WIRE)-- Veritone, Inc. (NASDAQ: VERI), a leader in building human centered enterprise AI solutions, today announced it was awarded a sole source (one year plus four years) contract with the Air Force Office of Special Investigations (AFOSI). Under the contract, Veritone's aiWARE TM platform, Intelligent Digital Evidence Management System (iDEMS) and professional services will provide AFOSI with advanced investigative and information capabilities to enhance and accelerate data analysis and workflows, investigative activity across several mission areas, and situational awareness. Veritone's aiWARE platform, which currently supports hundreds of enterprise customers, is an AI operating system that intelligently and securely orchestrates hundreds of best-of-breed cognitive and generative models in a single cloud-based or on-premise solution. It serves as the platform behind this initiative, enabling users to transform extensive volumes of textual data and unstructured video and audio data into actionable insights. Built on aiWARE, iDEMS is a comprehensive, purpose-built applications suite for the public sector that leverages AI to streamline the management and analysis of digital evidence, providing AFOSI with powerful forensic tools to handle vast amounts of data quickly and accurately. 'We are honored to support the Air Force Office of Special Investigations with Veritone's AI-powered solutions,' said Ryan Steelberg, chairman and chief executive officer, Veritone. 'By combining AI-driven automation, digital evidence management, and near real-time tracking, we can help enhance decision-making, operational efficiency and investigative effectiveness for national security applications.' Jon Gacek, general manager, Public Sector, Veritone, commented, 'This contract further expands Veritone's existing role with AFOSI as a trusted solution provider for the U.S. Department of Defense and law enforcement agencies. By leveraging our aiWARE platform and iDEMS suite, we are equipping AFOSI with cutting-edge AI applications to modernize investigative workflows and strengthen operations. We look forward to supporting their mission with scalable, secure and rapidly deployable AI-powered capabilities.' The agreement marks another milestone in Veritone's expanding role within U.S. federal law enforcement and defense agencies, providing AI-powered solutions tailored to mission-critical applications. Veritone recently achieved 'Awardable' status through the Chief Digital and Artificial Intelligence Office's (CDAO) Tradewinds Solutions Marketplace, which includes the availability of Veritone's Illuminate, Redact and Track solutions in the Tradewinds Marketplace. As AI adoption accelerates in the public sector, Veritone continues to deliver secure, scalable, and intelligent technologies that enhance operational effectiveness across investigative and defense landscapes. To learn more about Veritone's Public Sector solutions, visit: About Veritone Veritone (NASDAQ: VERI) builds human-centered enterprise AI solutions. Serving customers in the media, entertainment, public sector and talent acquisition industries, Veritone's software and services empower individuals at the world's largest and most recognizable brands to run more efficiently, accelerate decision making and increase profitability. Veritone's leading enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models, transforming data sources into actionable intelligence. By blending human expertise with AI technology, Veritone advances human potential to help organizations solve problems and achieve more than ever before, enhancing lives everywhere. To learn more, visit Safe Harbor Statement This news release contains forward-looking statements. Without limiting the generality of the foregoing, words such as 'may,' 'will,' 'expect,' 'believe,' 'anticipate,' 'intend,' 'could,' 'estimate' or 'continue' or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Assumptions relating to the foregoing involve judgments and risks with respect to various matters which are difficult or impossible to predict accurately and many of which are beyond the control of Veritone. Certain of such judgments and risks are discussed in Veritone's SEC filings. Although Veritone believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by Veritone or any other person that their objectives or plans will be achieved. Veritone undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Vantiq Earns DoD Tradewinds Awardable Status Clearing a Fast Path to Defense Deployment
Vantiq Earns DoD Tradewinds Awardable Status Clearing a Fast Path to Defense Deployment

Yahoo

time12-06-2025

  • 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

Hyliion Holdings KARNO Power Module selected by US Air Force for initiative
Hyliion Holdings KARNO Power Module selected by US Air Force for initiative

Yahoo

time29-05-2025

  • 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

Hyliion KARNO Power Module selected by US Air Force and DOD Chief Digital and Artificial Intelligence Office Under Military Multi-Fuel Initiative
Hyliion KARNO Power Module selected by US Air Force and DOD Chief Digital and Artificial Intelligence Office Under Military Multi-Fuel Initiative

Business Wire

time28-05-2025

  • 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.

Hyliion KARNO Power Module selected by US Air Force and DOD Chief Digital and Artificial Intelligence Office Under Military Multi-Fuel Initiative
Hyliion KARNO Power Module selected by US Air Force and DOD Chief Digital and Artificial Intelligence Office Under Military Multi-Fuel Initiative

Yahoo

time28-05-2025

  • 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@

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