Aerospace Group:

Business/Financial

Verified Identity Obtains $44.4 Million In Venture Funding

DDN

Thursday, August 21st, 2008

SHARE:

Registered Traveler (RT) service provider Verified Identity Pass yesterday said it has secured $44.4 million in venture funding from new and existing investors for use in furthering its membership growth and expanding its fast pass lanes at airport security checkpoints. New investors include Spark Capital and Syncom Venture Partners. Ongoing investors include Lockheed Martin [LMT], General Electric's [GE] Security business, Baker Capital, Lehman Brothers, and Verified Identity founder Steven Brill. Verified Identity offers RT services under the Clear brand, which…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]