TechTaffy

tech:

taffy

Advanced IT Concepts receives multi-million dollar Army TADSS maintenance program contract

By TechTaffy Desk

Advanced IT Concepts, an Orlando-based IT and professional services company, was selected as part of the Army Training Aids, Devices, Simulators and Simulations (TADSS) Maintenance Program (ATMP) contract as a sub-contractor to Lockheed Martin.

ATMP, a program under the program executive office for Simulation, Training and Instrumentation (PEO STRI), will provide worldwide maintenance support for TADSS, Digital Ranges, and Combat Training Center Instrumentation Systems.

AITC is currently supporting several PEO STRI efforts, to include modernizing the Combat Training Centers (CTCs) under the Army Combat Training Instrumentation Contract (ARCTIC) and the Army Test Ranges under the Test Network Modernization (TNM) contract.

[Image courtesy: Advanced IT Concepts]

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.