Connect with us

Technology

JSW DEFENCE & SHIELD AI FORGE STRATEGIC PARTNERSHIP TO BRING CUTTING-EDGE MILITARY AIRCRAFT TECHNOLOGY TO INDIA

Published

on

JSW GROUP TO INVEST $90 MILLION OVER THE NEXT TWO YEARS

WASHINGTON and MUMBAI, India, Nov. 12, 2024 /PRNewswire/ — JSW Defence Pvt. Ltd., part of the $24 billion JSW Group and Shield AI, Inc, a leading U.S defense technology company, today announced a strategic partnership to indigenize and manufacture Shield AI’s “V-BAT,” a Group 3 Unmanned Aerial System (UAS). This collaboration marks a significant step in boosting India’s defense capabilities by bringing in world-class UAS technology to the country.

As part of the partnership, the JSW Group will invest around $90 million in the next two years, with $65 million allocated in the first 12 months to establish JSW’s global compliance program, a manufacturing facility to ensure proper technology licensing, and training of manpower. This investment will enable JSW to establish a local supply chain and create an advanced facility in India for manufacturing, assembling and testing V-BAT aircraft. This effort will enable large-scale production of V-BATs in India to serve the needs of the Indian Armed Forces and also function as a global production hub for Shield AI.

The V-BAT is a fixed-wing, vertical take-off and landing (VTOL), long endurance intelligence, surveillance, reconnaissance (ISR) platform, currently deployed by multiple armed forces around the world, including the United States’ Marine Expeditionary Units (MEUs). It provides cutting-edge ISR functionality in a highly tactical system, capable of being forward deployed in complex and adversarial territory in order to provide a range of flexible solutions to special forces, front-line infantry, armored and artillery units. V-BAT has a unique, patented ducted-fan design with the advantage of a small logistics footprint and ease of rapid deployment.

Parth Jindal of JSW Group said, “Our collaboration with Shield AI is in keeping with our commitment to induct mission-critical technologies for deployment by the Indian Armed Forces and play an integral role in indigenizing defense technology in India. Through this partnership, we will be able to supply indigenous V-BATs at scale, provide flight operator training, and end-to-end maintenance, repair & overhaul (MRO) services to the Indian Armed Forces. The JSW Group has always believed in bringing world class products and services with State-of-the-Art technology into India and this partnership is yet another milestone in this journey.”

Sarjan Shah, Shield AI’s Managing Director for India, said, “Shield AI has been an early mover on investing deeply in India, in line with both governments’ desires for a closely integrated defense supply chain between the US and India. This partnership with JSW has been crafted over a multi-year period to transform the depth, scale and scope of India’s indigenous capabilities in the field of military unmanned systems. We look forward to doing a lot more with our partners in India.”

“Shield AI is excited to enhance the Indo-US strategic partnership through collaboration with JSW Group, strengthening our commitment to deploy cutting-edge UAS technology globally and harness India’s vast engineering and manufacturing talent. India, designated as a Major Defense Partner by the United States in 2016 and elevated to Strategic Trade Authorization tier 1 status in 2018, is one of only two countries with this designation—the other being the UAE, where Shield AI also has offices,” said Brandon Tseng, Shield AI’s President, Co-Founder and a former Navy SEAL.

“JSW recognizes the same thing Shield AI does: that Group 3 UAS like the V-BAT can accomplish the same missions as many helicopters and larger Group 5 UAS for a fraction of the price. As the market shifts from expensive, exquisite aircraft to swarms of lower-cost, AI-piloted UAS, this collaboration builds upon Shield AI’s significant U.S. investments, enhances global distribution, and supports continued expansion of U.S. operations.”

About Shield AI
Founded in 2015, Shield AI is a venture-backed defense technology company whose mission is to protect service members and civilians with intelligent systems. In pursuit of this mission, Shield AI is building the world’s best AI pilot. Its AI pilot, Hivemind, has flown jets (F-16; MQM-178 Firejet), a vertical takeoff and landing UAS (V-BAT), and three quadcopters (Nova, Nova 2, iPRD). The company has offices in San Diego, Dallas, Washington DC and abroad. Shield AI’s products and people are currently in the field actively supporting operations with the U.S. Department of Defense and U.S. allies. For more information, visit www.shield.ai. Follow Shield AI on LinkedIn, X and Instagram. 

Media contact: Lily Hinz, media@shield.ai

About JSW Group
The US$ 24 billion JSW Group is ranked among India’s leading business houses. JSW’s innovative and sustainable presence in various sectors including Steel, Energy, Infrastructure, Defence, Cement, Paints, Venture Capital and Sports is helping the Group play a significant role in driving India’s economic growth. JSW Steel, the flagship company of the Group, is today the largest steel manufacturer in India with a combined capacity of 29.7 MTPA. JSW Defence, through its arm JSW Gecko Motors, currently manufactures Specialist Mobility Vehicles “JSW ATOR” for the Indian Army. With a culturally diverse workforce spread across India, USA, Europe and Africa, the JSW Group directly employs nearly 40,000 people. It also has a strong social development focus aimed at empowering local communities residing around its plant and port locations.

For more information on the group, visit:
www.jsw.in
X : @TheJSWGroup @jsw_defence
media.queries@jsw.in

View original content to download multimedia:https://www.prnewswire.com/news-releases/jsw-defence–shield-ai-forge-strategic-partnership-to-bring-cutting-edge-military-aircraft-technology-to-india-302301375.html

SOURCE Shield AI

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Mastech Digital to Announce Second Quarter 2026 Financial Results; Participate in Upcoming Investor Conference

Published

on

By

PITTSBURGH, July 24, 2026 /PRNewswire/ — Mastech Digital, Inc. (NYSE American: MHH) (“Mastech Digital”), a leading provider of Digital Transformation IT Services, today announced the date for the release of its financial results for the second quarter ended June 30, 2026, and its participation in an upcoming investor conference.

Second Quarter 2026 Earnings:

Mastech Digital will report its financial results for the second quarter 2026 before the market opens on Thursday, August 6, 2026. Management will host a live conference call and webcast at 9:00 a.m. Eastern Time on that day to discuss the Company’s financial performance and operating results.  The conference call will be hosted by Nirav Patel, President and CEO, and Kannan Sugantharaman, Chief Financial and Operations Officer.

Those wishing to participate via webcast should access the call through Mastech Digital’s Investor Relations website at https://investors.mastechdigital.com. Those wishing to participate via telephone may dial in at 1-800-715-9871 (USA) or 1-646-307-1963 (International) with the passcode 7506988. The replay will be available via webcast through Mastech Digital’s Investor Relations website.

Upcoming Investor Conference:

Mr. Sugantharaman will host a fireside chat at the Sidoti Micro-Cap Investor Conference on Wednesday, August 19, 2026, at 9:15 a.m. Eastern Time.

Mastech Digital management is scheduled to host virtual one-on-one and small group meetings with investors during the conference on August 19-20, 2026. Investors interested in arranging a meeting should contact their Sidoti representative or reach out to the Mastech Digital investor relations team at investors@mastechdigital.com.

About Mastech Digital, Inc.

Mastech Digital (NYSE American: MHH) is a leading provider of Digital Transformation IT Services. The Company offers Data Management, Analytics & AI Solutions, and IT Staffing Services with a digital-first approach. A minority-owned enterprise, Mastech Digital is headquartered in Pittsburgh, PA, with offices across the U.S., Canada, Europe, and India. Visit us at www.mastechdigital.com.

Investor Relations Contact:
investors@mastechdigital.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/mastech-digital-to-announce-second-quarter-2026-financial-results-participate-in-upcoming-investor-conference-302834421.html

SOURCE Mastech Digital, Inc.

Continue Reading

Technology

SOLAI Limited Announces Extraordinary General Meeting

Published

on

By

AKRON, Ohio, July 24, 2026 /PRNewswire/ — SOLAI Limited (NYSE: SLAI) (“SOLAI” or the “Company”) (previously known as “BIT Mining Limited”), a technology-driven personal AI and digital infrastructure provider, today announced that it will hold its extraordinary general meeting of shareholders at 428 South Seiberling Street, Akron, Ohio, US on August 14, 2026 at 10:00 a.m., New York time.

Holders of record of ordinary shares and preference shares of the Company at the close of business on July 20, 2026, New York time (the “Record Date”) are entitled to receive notice of, and to attend and vote at, the extraordinary general meeting or any adjournment thereof. Holders of the Company’s American Depositary Shares (“ADSs”) who wish to exercise their voting rights for the underlying ordinary shares must act through the depositary of the Company’s ADS program, Deutsche Bank Trust Company Americas.

The notice of the extraordinary general meeting, which sets forth the resolutions to be submitted to shareholder approval at the extraordinary general meeting is available on the Investor Relations section of the Company’s website at https://ir.solai.com

About SOLAI Limited

SOLAI Limited (previously known as “BIT Mining Limited”) (NYSE: SLAI) (previously traded under “BTCM”) is a technology-driven personal AI and digital infrastructure provider. Building upon its historical legacy in digital asset mining and blockchain network operations, the Company is leveraging extensive experience in large-scale hardware deployment, data center operations, and high-performance computing to build the foundational infrastructure for personal AI computing and digital asset ecosystems globally.

For more information:

SOLAI Limited
ir@solai.com
ir.solai.com
www.solai.com 

Christensen Advisory
Jason Ng
Tel: +852-2117-0861
Email: solai@christensencomms.com 

 

View original content:https://www.prnewswire.com/news-releases/solai-limited-announces-extraordinary-general-meeting-302834034.html

SOURCE SOLAI Limited

Continue Reading

Technology

/U P D A T E — TrendAI/

Published

on

By

This release has been updated to include new information provided by TrendAI. The complete, corrected release follows, with additional details at the end:

TrendAI™ Adopts Claude Opus 5 to Advance Vulnerability Prioritization and Virtual Patching

As a participant in Anthropic’s Cyber Verification Program, TrendAI applies frontier reasoning to convert vulnerability intelligence into faster protection across hybrid environments

DALLAS, July 24, 2026 /PRNewswire/ — TrendAI™, the enterprise AI security leader from Trend Micro Incorporated (TYO: 4704; TSE: 4704), today announced it is adopting Claude Opus 5, Anthropic’s latest and most capable Opus model, to help security teams convert vulnerability intelligence into immediate protection, from prioritization to virtual patching. The move builds on TrendAI’s collaboration with Anthropic on Claude Opus 4.8, extending the same defensive focus to a model that delivers step-change gains in advanced reasoning, agentic workflows, and long-horizon analysis. As AI makes finding vulnerabilities easier than ever, the harder problem becomes protecting organizations faster than software can be permanently patched, and that is where TrendAI is putting Opus 5 to work.

As a participant in Anthropic’s Cyber Verification Program, which credentials organizations for the defensive use of frontier AI models, TrendAI is positioned to apply Claude Opus 5 to defensive security as access becomes available. The model is Zero Data Retention compatible, supporting TrendAI’s governance and data-protection requirements as it scales AI across security operations.

The work extends to TrendAI Threat Research, where frontier AI models are combined with our proprietary frontier intelligence engine and human expertise to generate pre-disclosure intelligence. Those insights power TrendAI Vision One™, delivering stronger detection, deeper forensic insights, and proactive protection through virtual patching.

Rachel Jin, Chief Platform and Business Officer, Head of TrendAI™:
“With Claude Opus 5, TrendAI can move from vulnerability intelligence to action faster than ever, prioritizing what matters most by exploitability and business impact. Finding the vulnerability was always the hard part. Now the challenge is protecting organizations faster than software can be permanently patched, and frontier reasoning is what changes that equation, extending all the way to virtual patching that protects customers before a vendor fix ships. This is what it means to secure the AI age, fearlessly.”

These capabilities support TrendAI Vision One™ in helping security analysts, AppSec teams, and SOC teams prioritize exposure, map attack paths, and accelerate mitigation, including virtual patching, across hybrid environments, moving vulnerability management from a static scanning process into a faster, context-aware risk mitigation workflow.

About TrendAI™
TrendAI™, the global AI security leader and enterprise business unit of Trend Micro, empowers organizations with full AI visibility and consolidated security that inspires confidence, drives innovation, and eliminates risk. Trusted by the largest enterprises and governments across 185 countries, TrendAI™ secures the entire organization, from identities, to infrastructure, to data. Global Fortune 500 companies rely on TrendAI™ to cut risk and stop threats up to three months earlier, powered by world-leading threat and attack intelligence. Through deep ecosystem partnerships with market leaders like NVIDIA, Anthropic, AWS, Google, and Microsoft, TrendAI™ empowers your organization to securely drive forward at the speed of AI. AI Fearlessly. Learn more: trendaisecurity.com

About Anthropic
Anthropic is an AI safety and research company dedicated to building reliable, interpretable, and steerable AI systems. Its Claude family of models, including Claude Opus 5, enables advanced capabilities across a wide range of applications, including code understanding and security analysis.

Update: The latest version of this release includes additional statements from TrendAI related to the original announcement.

View original content to download multimedia:https://www.prnewswire.com/news-releases/trendai-adopts-claude-opus-5-to-advance-vulnerability-prioritization-assessment-and-virtual-patching-302834362.html

SOURCE TrendAI

Continue Reading

Trending