CPI Card Group Inc. (Nasdaq: PMTS) has acquired Arroweye Solutions Inc. for a purchase price of $45.55 million. Arroweye is a provider of digitally-driven on-demand payment card solutions targeted at the U.S. market. CPI Card Group is a payments technology company providing a comprehensive range of payment cards and related digital solutions. The acquisition is...
Viega North America has added globe, wafer check and butterfly valves to its MegaPress and ProPress product lines. The new valves integrate with Broomfield-based Viega’s existing press technology, which accommodates various materials and applications. Viega’s press technology allows customers to use one tool to work with PEX in residential settings, copper and carbon steel in...
A new ranking highlights public companies in Jefferson County based on their 2024 net income, showcasing the area’s economic strength and industry diversity. Ball Corp., based in Westminster, tops the list with $4 billion in net income—a notable 465% increase from $711 million in 2023. Coming in second is Molson Coors Beverage Co., with dual...
Lignetics Group has introduced NaturFil, a wood flour concentrate designed to serve as a greener alternative to traditional fillers in the plastics industry. Engineered from responsibly sourced wood residuals and utilizing patent-pending technology, NaturFil aims to set a new standard in sustainable manufacturing. This product is targeted at manufacturers seeking cost-effective and sustainable substitutes for...
CPI Card Group Inc. (Nasdaq: PMTS), a Littleton payments technology company, has launched Web Push Provisioning (WPP), allowing card issuers to connect payment cards with cardholders’ digital wallets more efficiently. With WPP, card issuers can issue payment credentials to a cardholder’s digital wallet through a simple button click on their website. This functionality simplifies the...
Viega LLC has named Todd Schwarzenbach as its new chief customer officer, effective April 7. In this role, he will work on creating a unified strategy for the customer organization and ensuring team alignment while promoting a customer-focused approach to growth. “Todd is a people-first leader who believes that success is built on strong relationships,...
Quantinuum has been chosen by the Defense Advanced Research Projects Agency (DARPA) to participate in the first stage of the agency’s Quantum Benchmarking Initiative (QBI). This initiative seeks to evaluate the feasibility of developing an industrially useful quantum computer by 2033. Successful performers in the QBI will progress through stages A, B and C. Stage...
Quantinuum’s Quantum Random Number Generator (QRNG) software, Quantum Origin, has received validation from the National Institute of Standards and Technology (NIST). This makes Quantum Origin the first software QRNG to achieve this validation, marking it as an important tool for federal agencies transitioning to post-quantum cryptography (PQC) as mandated by National Security Memorandum 10. Quantum...
A joint research team from Broomfield-based Quantinuum, JPMorganChase, Argonne National Laboratory, Oak Ridge National Laboratory and the University of Texas at Austin published a paper in Nature, marking a significant milestone in the application of quantum computing. The researchers successfully demonstrated a potential application of a quantum computer by generating Certified Quantum Randomness. This achievement...
Ball Corp. (NYSE: BALL) closed a 49:51 joint venture with Ayna.AI (Ayna), aimed at accelerating the development of the Aluminum Cup category. The new joint venture, named Oasis Venture Holdings LLC, will include the Aluminum Cup business, its commercial teams, supply chain, manufacturing teams and the plant in Rome, Ga., which will serve as its...
Quantinuum has been selected as a founding collaborator for the NVIDIA Accelerated Quantum Research Center (NVAQC), where operations are set to begin later this year. The collaboration aims to develop quantum solutions and applications to address significant global challenges. The NVAQC will utilize NVIDIA’s CUDA-Q platform and a NVIDIA GB200 NVL72 supercomputer alongside Quantinuum’s System...
Honeywell (NASDAQ: HON) has agreed to acquire Sundyne LLC from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction. This acquisition, representing approximately 14.5x 2024 EBITDA on a tax-adjusted basis, aims to enhance Honeywell’s Energy and Sustainability Solutions business segment. With approximately 1,000 employees and a significant recurring aftermarket revenue, Sundyne is...