Tag: manufacturing
Companies sign EU AI Pact
September 27, 2024SSN Staff
BRUSSELS — The European Commission has announced that over one hundred companies have become the initial signatories of the EU artificial intelligence (AI) Pact.
Those first signatories include many multinational companies and European SMEs including a number connected with the security industry like Milestone Systems, Securitas, Verisure, and Cisco.
“We need rules to ensure AI is being developed to serve humanity,” said Thomas Jensen, CEO of Milestone Systems earlier...
Intel and administration announce up to $8.5 billion under CHIPS, Science Act
March 21, 2024SSN Staff
SANTA CLARA, Calif., & WASHINGTON, D.C. – The Biden-Harris Administration announced that Intel and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act.
CHIPS Act funding aims to increase U.S. semiconductor manufacturing and research and development capabilities, especially in leading-edge semiconductors. The proposed funding would...
Magnasphere products complete nine-month National Safe Skies Alliance evaluation
March 20, 2024SSN Staff
WAUKESHA, Wis. – Magnasphere Corp. a Wisconsin based manufacturing company has announced that its Magnasphere Anti Cut/Climb System (MACS) fence intrusion detection system (IDS) and their MSK Radar motion sensor have completed a nine-month evaluation by the National Safe Skies Alliance at their outdoor security equipment test facility.
Magnasphere revealed that the Safe Skies’ evaluation report is currently available for distribution to qualified airport personnel at US commercial-service...
Biden-Harris Administration announces initiative to bolster cybersecurity of U.S. ports
February 22, 2024SSN Staff
WASHINGTON, D.C. – The Biden-Harris Administration has announced it will issue an Executive Order to bolster the nation’s port security, alongside a series of additional actions it said will strengthen maritime cybersecurity, fortify supply chains, and strengthen the United States industrial base.
The Administration also announced its intent to bring domestic onshore manufacturing capacity back to America as the result of an over $20 billion investment in U.S. port infrastructure under...
Boon Edam announces new executive team
January 9, 2024SSN Staff
RALEIGH, N.C. – Following the merger of its commercial and manufacturing teams, Boon Edam Inc. has announced its new executive team for the Americas.
The company described the changes as enhancements that reflect Boon Edam’s growth in the changing market climate, as well as the company’s commitment to nurturing talent and fostering innovation in its working environment.
“Security entrances have rapidly become a new security imperative across virtually every vertical,”...
Axis Communications shakes supply chain constraints with optimized production
June 6, 2023SSN Staff
CHELMSFORD, Mass. – This week Axis Communications announced it has hit a significant milestone regarding the company’s supply chain.
Axis said it reached the key metric of 45 percent year-over-year increase in Q1 deliveries with continued growth through May 31, and record inventory levels in its Americas distribution channel to meet strong demand from integrators and end customers. In a release provided by the company, it stated that it came after a record-breaking year in 2022 which...
Silmar Electronics celebrating 60th anniversary
May 11, 2023Ken Showers, Managing Editor
MIAMI – Silmar Electronics, Inc., a Florida-based wholesale distributor of low voltage security products with nine locations, is celebrating its 60th anniversary.
The origins of the company date back to 1960, when founder Jorge Smith Sr. and his family emigrated from Cuba, arriving in Miami. Smith was an electrical engineer by trade and in 1963 started Silmar Electronics. His primary focus upon establishing the company was the manufacturer of eavesdropping devices, with the...