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Company profile: ICx Technologies
ICx Technologies has been largely built through the far-sighted and strategic acquisition of seventeen companies and the formation of two others since it was founded in 2003; the successful management of this growth has positioned the company as a technology leader in the detection and surveillance fields; 2007 was the company’s most successful year ever
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Cargill to promote food safety training in China
Cargill will partner with AQSIQ to provide Chinese government officials, academics, and business leaders with food safety training to expand their knowledge in food safety management
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Homeland security: U.K. perspective // by Terry Shear, MBE
The United Kingdom is a preferred market for security companies: It has a global financial center in the City of London, years of experience in dealing with terrorism threats to its infrastructure, and has therefore reacted and developed accordingly with sophistication and expertise in the sector
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Sequiam files for Chapter 11
Orlando biometrics company claims its lead investor reneged on as much as $3 million of the firm’s $11 million loan commitment; late last week this investor announced plans to become the lead financier for Sequiam’s rival
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Fingerprint market to reach $2.1 billion by 2013
The fingerprinting/biometrics segment will reach $940 million in 2008 and $2.1 billion by 2013; next five years will be a boon to forensic technologies
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Pay By Touch discontinues biometrics services
Pay By Touch came to market with much fanfare, offering to process biometric transactions for merchants; things did not work as planned, and company discontinues service
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Canadain chocolate factory off-limit to visitors
Non-American companies exporting food to the United States must comply with the strictures of the 2002 BioTerrorism Act; for a Victoria, Canada, chocolate factory this meant prohibiting school kids from touring the factory
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Company profile: Universal Detection Technology (UDT)
UDT licenses spore detection technology from NASA’s Jet Propulsion Laboratory and commercializes it; UDT developed a real-time continuous detection device capable of identifying abnormal levels of bacterial spores in the air, which is signature of a possible anthrax attack
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Western companies eyeing India's $90 billion processed food market
The globalization of food supply is a two-way street: More and more Western food companies sell their products in the growing Indian market; rising standard of living and working mothers drive the demand for pre-packaged and pre-prepared food, but local culinary preferences, and government bureaucratic practices, die hard
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Company involved in largest U.S. meat recall admits it was at fault
In February Hallmark/Westland Meat was forced to recall 143 million pounds of meat — the largest recall in U.S. history — after it was revealed that the company processed cows which were potentially sick; a week after the recall, the company went out of business; company’s president admits company was at fault
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Beyond fingerprinting: Alternative biometric technologies advance
As more organizations turn to biometric technology to help them perform their missions, they show interest in a variety of technologies — vein architecture, retinal scan, facial recognition, and more; these are good times for innovative biometric companies
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Fuel cell joint venture formed
In an effort to accelerate the development of fuel cells, two companies form a JV to target the light industrial, commercial, and residential markets in the United Kingdom and Ireland
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Resistance to a U.K. hedge fund's effort to control CSX
Ever since the 2006 Dubai Ports World’s takeover of management operations in major U.S. seaports, Congress has shown increasing irritation with attempts by foreign companies to own U.S. critical infrastructure assets; there is a growing resistance in Congress to U.K.-based TCI to take control of rail operator CSX
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Singapore embarks on water reclamation project
Singapore suffers increasing water shortages; the country’s Public Utility Board (PUB) has joined with two specialists in the field in a joint development of wastewater reclamation technologies using separation membranes
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Bosch acquires Extreme CCTV
Video surveillance is a growing market, and Bosch moves in by acquiring Canadian specialist in infrared illuminators
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The long view
U.S. contemplates responses to a cyber-Pearl Harbor attack on critical infrastructure
Cybersecurity experts often contemplate how U.S. security agencies would react to a cyber-9/11 or a digital Pearl Harbor, in which a computer attack would unplug the power grid, disable communications lines, empty bank accounts, and result in loss of life. “Ultimately, it absolutely could happen,” says one expert. “Yeah, that thought keeps me up at night, in terms of what portion of our critical infrastructure could be really brought to its knees.”
To bolster the world’s inadequate cyber governance framework, a “Cyber WHO” is needed
A new report on cyber governance commissioned by Zurich Insurance Group highlights challenges to digital security and identifies new opportunities for business. It calls for the establishment of guiding principles to build resilience and the establishment of supranational governance bodies such as a Cyber Stability Board and a “Cyber WHO.”
More money, different approach offer opportunities to border security tech companies
The number of border agents has reached roughly 21,000, up from 5,000 two decades ago. In fiscal year 2012, spending for border and immigration enforcement totaled almost $18 billion — 24 percent more than the combined budgets of the FBI, the DEA, the Secret Service, the U.S. Marshals, and the Bureau of Alcohol, Tobacco, Firearms and Explosives (total: $14.4 billion). One major trend driving the border security industry is the government’s shift from large-scale border security infrastructure projects to small unit security systems.
Coastal communities can lower flood insurance rates by addressing sea-level rise
City leaders and property developers in Tampa Bay are urging coastal communities to prepare today for sea-level rise and future floods in order to keep flood insurance rates low in the future. FEMA, which administers the National Flood Insurance Program(NFIP), is increasing flood insurance premiums across the country, partly to offset losses from recent disasters such as hurricanes Katrina and Sandy. Cities can reduce insurance premiums for nearly all residents who carry flood coverage by improving storm-water drainage, updating building codes to reflect projected rise in sea-levels, moving homes out of potentially hazardous areas, and effectively informing residents about storm danger and evacuation routes.
Changing human behavior key to tackling California drought: Expert
California is experiencing a drought that has gone far beyond a “dry spell,” and the state has imposed the first water restriction in state history, aiming to cut back on water consumption by 25 percent. One expert says that strict water conservation measures are long overdue, and that “what is happening is a realization that you can’t simply transplant another ecosystem onto a California desert system or arid southwestern system. In a sense, California and much of the U.S. southwest are living beyond their ecological means. Certain lifestyles have been adopted and crops are being grown that are not endemic or sustainable for this particular bioregion.” He adds: “This is a moment for not just cutting off personal water use and turning the tap off when you’re brushing your teeth, as important as that is. This is a moment of reflection, invitation and, I hope, legislation that will cause people to think about water use in the industrial sector too. This is for the long-term prosperity of the state and sustainability of the ecosystem.”