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SCALIAN strengthens its avionics and unmanned offers with the acquisition of Mannarino Systems & Software

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PARIS, June 21, 2024 /CNW/ – SCALIAN today announced that it has acquired the Canadian company Mannarino Systems & Software Inc. (MANNARINO), which specializes in avionics for electric aircraft and drones, and more globally in certified systems for the aerospace sector. The acquisition is in line with the Group’s strategy to expand internationally and focus on safety-critical systems and software engineering.

MANNARINO’s engineering team is dedicated to the development of safety-critical systems, with deep expertise in hardware and software designs for a wide range of aeronautic products, including those focused on next-generation electric aircraft and drones. Through its Transport Canada Design Approval Organization (DAO), MANNARINO also supports product certification for both airborne software and electronic hardware, assisting in the acceleration of development cycles.

Customers’ time to market is further reduced with MANNARINO’s high-performing, ARINC 653 compliant Real-Time Operating System; the M-RTOS. The certification of M-RTOS is nearing completion with a major European airframer.

A comprehensive solution addressing the challenge of sustainable mobility

Together with MANNARINO, SCALIAN will offer unparalleled avionics capabilities to its customers with coverage of the whole scope of avionics engineering from basic design and architecture to certification and maintenance, in both Europe and North America. Additionally, MANNARINO is highly involved in the Advanced Air Mobility (AAM) market working with numerous clients to develop next-generation electric aircraft and drones. This expertise will allow SCALIAN to support the evolution of sustainable aeronautics over the next decade.

MANNARINO’s President John Mannarino said, “MANNARINO is excited to embrace a new chapter by joining SCALIAN Group. By building on the core competencies and excellent customer relationships of both companies, MANNARINO will offer its customers unrivalled added value and points of differentiation from competitors’ offerings. MANNARINO will continue to expand its engineering service solutions to meet the ever-increasing demand from industry and its customers for cutting-edge, agile and cost-effective solutions. We will take M-RTOS to new levels of technical innovation surpassing current market leaders and will continue to be the go-to service provider for both first-time applicants and customers developing next-generation products by continuing to grow our DAO in ways not yet imagined by the industry. As we enter this new phase, I want to thank the SCALIAN and WENDEL leadership for their vision. I also want to thank the MANNARINO staff for their dedication, expertise and teamwork, and, as always, I want to thank our customers for their trust. We will continue to deliver for all our stakeholders with continued high quality and respect for all.”

SCALIAN’s CEO Yvan Chabanne added, “The acquisition of MANNARINO is the first step of our 2028 goal to enhance our position in North America and in our System & Software Engineering practice. This partnership directly addresses the acceleration of customer needs in complex and safety-critical embedded technologies. MANNARINO is very well-recognized for its know-how in the iconic field of eVTOLs, with the ability to deploy certifiable code through its DAO accreditation, supplemented by its very innovative home-made solution for onboard operating systems. I am convinced that revenue synergies to be achieved will enable SCALIAN to significantly expand its offering by integrating high-performance systems, including AI, in the next generation of products to the benefit of our customers. Sharing the same values with the MANNARINO team, which is led by founder John MANNARINO, was a key element in bringing our businesses together. With a common vision, we share the ambition to succeed for our employees and our customers. We welcome the fantastic MANNARINO team on board!”

SCALIAN advisors:

Legal – DD et transactionnel:Fasken: Carl Bélanger, Alexie Amyotte, Émilie Clairoux, Kim LedouxAugust Debouzy: Rodrigue TchoualeFinance:Accuracy: Guillaume Roux, Eva Marichez, Hans HasenohrTax:Andersen: Patrick Coutu, Omar Yassine, Myriam ValléeStructure:Cazals Manzo: Morgan Anfray, Xavier Colard, Bertrand de Saint QuentinAndersen: Patrick Coutu, Omar Yassine, Myriam ValléeManagement consulting:Fides: Franck Vacher, Maxime Aps, Carla Llona

MANNARINO advisors:

Legal:Davies Ward Phillips & Vineberg LLP: Philippe Johnson, Elliot Greenstone, Jordan Altman, Ryan Brun, Jordana Khouah, Marie-Emmanuelle Vaillancourt, Hélène Bussières, Mark-Anthony NakisBredin Prat: Christine LenisFinancial Advisor:Ernst & Young Orenda Corporate Finance Inc.: Francois Tellier, Sid Nair, Yuwei Pan, Ryan MarinelliTax and Accounting:RICHTER LLP: Earl Forman, Dominique Loiseau, Ian Weinstein, Adam Caplan

About SCALIAN:
Founded in 1989, SCALIAN (revenue of €550 million euros) is specialized in engineering, the development of complex digital systems, industrial project management including supply chain management, business applications, cybersecurity and AI. The company is currently expanding internationally and stands out for the synergies it brings to bear on consulting, OT and IT services for major high-stakes industrial programs, with offerings and solutions supported by an in-house innovation approach (analytics, simulation, AI, drones, etc.). SCALIAN is involved in 13 countries for Aerospace, Defense, Automotive, Naval, Railways, Energy, Healthcare, Retail, Banking and Public sectors.
« Humans & Technology to scale up sustainable performance”.
www.scalian.com

About MANNARINO:
MANNARINO has over two decades of internationally recognized expertise in aerospace engineering including the development, validation and verification of safety-critical systems, certifiable software and electronic hardware. It is also an accredited Transport Canada DAO (Design Approval Organization). The company also provides a commercial-off-the-shelf (COTS) affordable, safe, and flexible real-time operating system (RTOS) solution, the M-RTOS. MANNARINO is the only COTS RTOS provider with certification delegation.
“Leading Safety-Critical Systems Engineering Company”
www.mss.ca 

SCALIAN Press contact –
Agence LA SUITE AND CO,
Omar Tazi: omar.tazi@lasuiteandco.com – 06 35 36 74 80,
Perrine Soymié, perrine.soymie@lasuiteandco.com, 06 45 33 72 18;

MANNARINO Press contact:
Mario Iacobelli, mario.iacobelli@mss.ca, 001 514 793 1354;
Jim Palmer, jim.palmer@mss.ca, 001 514 466 5031

SOURCE Mannarino Systems & Software Inc

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SSC SECURITY SERVICES CORP. ANNOUNCES SHAREHOLDER APPROVAL OF PREVIOUSLY ANNOUNCED PLAN OF ARRANGEMENT

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REGINA, SK, July 22, 2026 /CNW/ — SSC Security Services Corp. (TSXV: SECU) (US: SECUF) (“SSC” or the “Company”) today announced the voting results from its special meeting of holders (the “Shareholders”) of common shares (the “Shares”) of the Company held today (the “Meeting”) in connection with the previously announced plan of arrangement under the Business Corporations Act, 2021 (Saskatchewan) (the “Arrangement”), pursuant to which Universal Protection Service, LP (the “Parent”), through its wholly-owned subsidiary, 102236724 Saskatchewan Ltd. (the “Purchaser”, and together with the Parent, “Allied Universal”), will acquire all of the issued and outstanding Shares for $4.4075 per Share in cash, and pursuant to which certain officers and directors of the Company (the “Management Purchasers”) will purchase the Company’s legacy assets and cyber security business in a management buy-out transaction (the “MBO” and collectively with the Arrangement, the “Transaction”).

The Arrangement requires (i) the approval of 66 2/3% of the votes cast by Shareholders (including the Management Purchasers) present or represented by proxy and entitled to vote at the Meeting and (ii) the approval of a simple majority (more than 50%) of the votes cast by Shareholders present or represented by proxy and entitled to vote at the Meeting, other than the Management Purchasers and any other person required to be excluded from such vote for the purpose of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (the “Minority Shareholders”). At the Meeting, the resolution approving the Arrangement was approved by (i) 99.99% of the votes cast by Shareholders, and (ii) 99.97% of the votes cast by the Minority Shareholders.

Remaining Conditions to Completion of the Arrangement

Completion of the Transaction remains subject to the satisfaction or waiver of certain closing conditions that are set out in the arrangement agreement entered into between the Company and Allied Universal on May 26, 2026 (the “Arrangement Agreement”), including receipt of final court approval and approval of the TSX Venture Exchange. SSC intends to seek a final order (the “Final Order”) of the Court of King’s Bench for Saskatchewan to approve the Arrangement at a hearing to be held on July 27, 2026.

Subject to obtaining the Final Order and the satisfaction or waiver of the remaining conditions in the Arrangement Agreement, the Transaction is anticipated to close on July 31, 2026.

About SSC

SSC Security Services Corp. is Canada’s largest publicly traded security company. SSC acts as a public holding company investing in physical, electronic and cyber security businesses. The Company has one wholly-owned operating subsidiary: Logixx Security Inc., which provides physical, electronic and cyber security services to primarily commercial, industrial and public sector clients. The Company’s clients include federal and provincial governments, Crown corporations, and many high-profile corporate and public sector clients such as hospitals, airports, utility companies and police forces.

Forward Looking Statements

This release includes forward-looking statements concerning the future results, future performance, intentions, objectives, plans and expectations of the Company. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “estimates”, “intends”, “anticipates”, “believes” or variations of such words and phrases (including negative and grammatical variations) or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risks, uncertainties affecting SSC, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of SSC. Without limiting the generality of the foregoing, this release contains forward-looking statements pertaining to: the anticipated timing of the Transaction; receipt of required court and stock exchange approvals; satisfaction of closing conditions; and the anticipated effective date of the Arrangement. Risks and uncertainties that could cause actual results to differ materially include: failure to obtain court or stock exchange approvals; failure to satisfy closing conditions; failure of the parties to complete the Transaction for any reason, including termination of the Arrangement Agreement; legal challenges to the Arrangement; and risks and uncertainties discussed in SSC’s disclosure documents filed on SEDAR+ at www.sedarplus.ca. Forward-looking statements are not guarantees of future performance. These forward-looking statements should not be relied upon as representing the views of SSC as of any date after the date of this Release. Although SSC has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements contained in this Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this Release are made as of the date of this Release and SSC does not undertake to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise, except as required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE SSC Security Services Corp.

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GMI Cloud Announces Strategic Compute Collaboration With NVIDIA

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The collaboration advances GMI Cloud’s selective partnership strategy and supports its next phase of AI infrastructure growth

MOUNTAIN VIEW, Calif., July 22, 2026 /PRNewswire/ — GMI Cloud, a leading AI-native cloud provider delivering high-performance GPU infrastructure and inference services, today announced a strategic collaboration with NVIDIA as part of its selective approach to building long-term compute partnerships.

In support of this strategy, GMI Cloud has committed $500 million in CapEx to expand its compute capabilities and serve growing customer demand. The commitment represents a significant investment in the company’s next phase of infrastructure development.

GMI Cloud has also secured nine-figure contracts with a leading U.S. frontier AI enterprise, providing a strong commercial foundation for its continued growth.

GMI Cloud is pursuing a selective partnership model centered on a limited number of strategic relationships. The collaboration builds on GMI Cloud’s continued partnership with NVIDIA and brings together long-term compute planning with contracted customer demand.

GMI Cloud is among the earliest cloud providers to adopt this new compute partnership model, marking an important step in the company’s expansion and partnership strategy.

The $500 million CapEx commitment, nine-figure customer contracts, and selective partnership strategy establish the foundation for GMI Cloud’s next stage of growth. The company is set to continue this trajectory as it expands its compute capabilities and supports the evolving needs of frontier AI customers. For more information, visit www.gmicloud.ai.

About GMI Cloud
GMI Cloud is an AI-native cloud infrastructure company powering the next generation of AI applications. The company provides high-performance GPU infrastructure, Model-as-a-Service, dedicated endpoints, and AI workload deployment solutions for developers and enterprises building production AI systems. GMI Cloud helps teams move from experimentation to production with scalable compute, flexible infrastructure, and an ecosystem built for modern AI builders. For more information visit gmicloud.ai.

View original content to download multimedia:https://www.prnewswire.com/news-releases/gmi-cloud-announces-strategic-compute-collaboration-with-nvidia-302832476.html

SOURCE GMI Cloud

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ROKFORM Launches Rugged Case for Samsung Galaxy Z Fold8 and Z Fold8 Ultra

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Complete foldable protection with six-foot drop rating, MAGMAX ™ magnetic grip, and RokLock ® twist-lock mounting

IRVINE, Calif., July 22, 2026 /PRNewswire/ — ROKFORM today launched its Rugged Case for the Samsung Galaxy Z Fold8 and Galaxy Z Fold8 Ultra. Built with a slim, two-piece shell design — not just a backplate — the Rugged Case delivers six-foot drop protection, full hinge coverage, and secure RokLock® mounting across both foldable models.

“Users get the full ROKFORM experience with the Rugged Case, including incredible drop protection, RokLock® mounting, and MAGMAX™ magnetic strength, all in a design built specifically around the unique needs of a foldable device,” said Jeff Whitten, ROKFORM CEO.

The two-piece shell locks together to protect the outer screen, back, and spine of the Galaxy Z Fold8. In addition, the case is engineered to guard one of the most critical and vulnerable components on foldable phones — the hinge — from drops and impacts with full hinge coverage. The case exceeds military-grade drop protection standards from six feet, with a dual-layer build and reinforced corners designed to absorb real-world impact.

ROKFORM’s patented RokLock® twist-lock system delivers rock-solid, wobble-free connection to ROKFORM’s full ecosystem of car, bike, and motorcycle mounts. Combined with MAGMAX™ magnets, which deliver 3x more holding strength over standard MagSafe® magnets, users get an ultra-secure magnetic grip for mounting and use with other accessories.

The case is compatible with ROKFORM wireless chargers and compatible wireless charging accessories.

The Rugged Case for the Samsung Galaxy Z Fold8 and Z Fold8 Ultra retails for $79.99 and will be available August 5, 2026 at rokform.com.

About ROKFORM:
Founded in 2010, ROKFORM’s small but dedicated team has bootstrapped its way to becoming a leader in the design and manufacturing of innovative consumer electronics products. It is based in Irvine, California. With nearly 20 patents, ROKFORM remains a leader in the premium active lifestyle consumer electronics niche, with innovative designs to protect and enhance the world’s mobile devices. Products are designed and shipped directly from California headquarters, and customers can visit ROKFORM’s showroom to experience them. Learn more at rokform.com.

Contact:
Haley Lush
775-204-7975
419258@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/rokform-launches-rugged-case-for-samsung-galaxy-z-fold8-and-z-fold8-ultra-302832493.html

SOURCE ROKFORM

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