XC3 Weaponlight

Archive for the ‘Press Release’ Category

B.E. Meyers & Co., Inc. Announces Jared Reston as Latest Brand Ambassador

Friday, February 12th, 2021

February 12, 2021 (Redmond, WA) – B.E. Meyers & Co., Inc. is proud to announce the addition of Jared Reston to their team of Brand Ambassadors. Reston brings over 20-years of law enforcement experience, with over 16-years as full-time SWAT, and over 10-years as a trainer leading his company Reston Group, to B.E. Meyers and Company’s team of Brand Ambassadors.

“I am proud to be named in the same sentence as B.E. Meyers & Co., Chuck Pressburg, Bill Blowers, and the rest of the Brand Ambassador team,” said Reston. “Jacksonville Sheriff’s Office was one of the early agencies to adopt the MAWL™, and I’ve been a believer ever since. I run MAWL on everything for several reasons: I’m a lefty and the ambidextrous controls are a huge advantage for me; I’ve never run out of distance with the MAWL, even at 500-yard engagement Special Precision Rifle engagements; and I’ve never found the edge with a MAWL – it’s like turning on the lights in any engagement. It’s great to be associated with a brand like B.E. Meyers & Co. that makes products for you and the guys you respect.”

Reston began his law enforcement career as a patrol officer with Jacksonville Sheriff’s Office in 2000.  In 2004 Reston became a member of JSO’s full-time SWAT Team, where he trained in waterborne insertion and interdiction, K9 tactics, CQB, explosive breaking, less lethal, sniper, and assault tactics. Additionally, Reston served as an assigned Detective in the Department of Homeland Security/ Gang Investigations unit, and as the assistant team leader, and lead firearms instructor for the SWAT team. His career includes the successful completion of over one thousand SWAT missions.

In 2008, Reston was involved in a shoot-out with a shop lifter. Although Reston was hit seven times, he was able to return fire, ending the encounter and the effectively stopping the shooter. “Luck made the bullets not kill me, mindset kept me in the fight, skill made me win,” said Reston. For his bravery and skill, Reston was awarded The President of the United States’ “Medal of Valor”, American Police and Hall of Fame’s “National Police Officer of the Year”, Fraternal Order of Police’s “Florida Police Officer of the Year”, and the State of Florida’s “Law Enforcement Officer of the Year.”

While traveling the country and recounting this incident, Reston came to realize officers did not have the same multi-faceted training that had saved his life. This observation was the catalyst for Reston to found Reston Group, LLC, a training company focused on sharing his knowledge and experience in resolving lethal force incidents to help law enforcement, military, and responsible citizens sharpen their mindset, skills, and ultimately help save lives.

“Jared has provided both invaluable training and feedback on one of our core small arms solutions, the MAWL. His level of knowledge and expertise elevate him within the community of subject matter experts,” said Matthew Meyers, CEO of B.E. Meyers & Co. “We’re excited to add Jared to our team of Brand Ambassadors.”

Reston now works for Safariland, LLC as an Account Manager, in addition to his role as Founder and Lead Trainer of Reston Group, LLC.

www.bemeyers.com
www.restongrouptraining.com

DroneShield – Next Gen Artificial Intelligence Software Rollout

Thursday, February 11th, 2021

DroneShield Ltd (ASX:DRO) (“DroneShield” or the “Company”) is pleased to announce the rollout of its first fully Machine Learning/AI based detection and classification software to all of its existing customer systems.

DroneShield utilises its proprietary techniques in signal processing and Machine Learning/AI to do near-real time detection and identification of unmanned robotic systems and, more broadly, other potential threats in the Electronic Warfare fields. The result is a dramatic increase in detection responsiveness, lower false positives and a significant increase in the speed at which new threats are detected, classified and tracked by the DroneShield systems.

One of the key achievements that sets DroneShield’s technology substantially ahead of the existing technologies globally, is a very lightweight machine learning architecture designed to run on low power FPGA (Field-Programable Gate Array) hardware. This enables the system to be deployed for long term periods in power scarce, air-gapped environments.

The software is designed to run on all DroneShield platforms including RfPatrolTM, DroneSentryTM and DroneSentry-XTM.

Future device software updates will build on this system architecture and increase performance and the number of detectable threats.


Image: DroneSentry system

For inquiries, please contact info@droneshield.com

AMMO, Inc Executes Letter of Intent to Acquire GunBroker.com

Thursday, February 11th, 2021

SCOTTSDALE, Ariz., Feb. 11, 2021 — AMMO, Inc. (Nasdaq: POWW ) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, is pleased to announce it has entered into a non-binding letter of intent (“LOI”) dated February 9, 2021 with IA Tech LLC for its GunBroker.com business (GunBroker.com), the world’s largest on-line auction marketplace dedicated to firearms, hunting, shooting and related products. The Transaction will involve a merger or business combination resulting in GunBroker.com becoming a wholly-owned subsidiary of AMMO (the “Transaction”).

GunBroker.com Transaction

• GunBroker.com is the world’s leading online marketplace for the legal sale of firearms, ammunition and accessories with over 6.0 million registered users

• GunBroker.com’s estimated 2020 revenue of approximately $60 million, over $40 million of EBITDA, positive net income and strong free cash flow

• Purchase price of approximately $240 million, representing a purchase price to EBITDA multiple of less than 6.0x

• Transaction further expands upon AMMO’s vertical integration strategy

• Current AMMO shareholders will own the majority of the combined company

“This Transaction is accretive to our shareholders and will be another vertical integration milestone for the Company which diversifies our revenue base with high profit-margin business offered through a premier brand deploying best-in-class secure transactional technology,” said Fred Wagenhals, AMMO’s Chairman and CEO.

Mr. Wagenhals noted that “we founded AMMO to be a disruptive technology-based company that could serve the shooting community with cutting-edge ammunition offerings, whether that be for the military, law enforcement, hunting or recreational shooting communities. GunBroker.com is a perfect fit and supports AMMO’s mission across many levels. Steve Urvan had the foresight and entrepreneurial drive to start GunBrokers.com more than 20 years ago with the same spirit and vision. With his drive and intimate understanding of how to serve our collective market, Steve created the world’s largest online marketplace for the purchase and sale of firearms, ammunition, and accessories.” Mr. Wagenhals explained that “the combination made sense to our management team and Board as it expands our ability to best ensure the retail market continues to be served at the highest level while affording AMMO with an opportunity to enhance its sales channels, operating margins and drive increased shareholder value.”

Steve Urvan commented: “I am excited at the prospect of bringing the GunBroker.com technology platform, marketplace, and my world-class team to the AMMO family of companies. GunBroker.com has long been the technology leader in the industry and we look forward to continuing to build innovative products and solutions for our expanding and loyal customer base.”

Pursuant to the terms of the LOI, the parties intend to sign a definitive agreement (the “Definitive Agreement”) and work expeditiously to close the Transaction on or before March 31, 2021. The final structure of the Transaction will be determined by the parties following the receipt of tax, corporate, and securities law advice. GunBroker.com’s enterprise value in the Transaction has been valued at approximately $240 million, which will be paid by the Company via a combination of cash and shares of common stock.

The completion of the Transaction is subject to a number of conditions, including but not limited to the following: completion of mutually satisfactory due diligence, execution of the Definitive Agreement, successful completion of a capital raise, and receipt of all required corporate and third-party approvals, including fulfillment of all applicable regulatory requirements and conditions necessary to complete the Transaction.

No assurances can be made that the parties will successfully negotiate and enter into a Definitive Agreement, or that the proposed Transaction will be closed on the terms and/or timeframe currently contemplated, or at all. As noted above, the Transaction remains subject to a regulatory and Board approval, along with other customary conditions.

Maxim Group LLC served as sell side advisor to IA Tech LLC for its GunBroker.com business.

Blue Force Gear Expands Laser Cutting Capacity to Meet Industry Demand

Thursday, February 11th, 2021

BFG is poised to immediately license and produce patented Helium Whisper™ attachment technology to manufacturers with increased laser cutting capacity.

Savannah, GA – 11 February 2021

Customers and Industry Partners have spoken, BFG listened.  In response to overwhelming demand from military, first responder, commercial and third-party manufacturers Blue Force Gear has invested to expand laser cutting operations.  Not only have more cutting machines been purchased but additional team members have been brought on staff to support 24-hour seven day a week operations. Since 2012, Blue Force Gear has been licensing Helium Whisper technology to industry partners like Velocity Systems, Safariland and other premium brands.

With multiple US and International patents and patents pending, the Helium Whisper® Attachment System is recognized across the globe by manufacturers and end users alike. The design and materials of the Helium Whisper Attachment System allows for up to a 70% weight savings over traditional MOLLE systems with the same or greater strength. The system also allows for significantly less bulk over legacy pouches.

“Laser cutting is the future. We’re able to cut patterns for gear, like the one-piece Helium Whisper backer, that were never before possible.”
-Alec Coin, Laser Production Manager

The Helium Whisper Attachment System was designed and commercially released in 2011 by Blue Force Gear. Since then, Blue Force Gear has been revolutionizing how MOLLE pouches and accessories were previously imagined with the introduction of ULTRAcomp®, a radical new laminate with numerous innovative characteristics like increased strength, superior abrasion resistance and immunity to staining and liquid absorption. Manufacturers who take advantage of this technology receive the benefits of simplified manufacturing, less material waste, less production time per piece and greater piece to piece precision. These benefits can be easily obtained through Blue Force Gear’s streamlined, simple licensing process.

“As ‘Lighten The Load” has received focus from DoD and Congress, more and more equipment manufacturers are adopting Helium Whisper to meet stringent weight reduction requirements.  Helium Whisper is increasingly mentioned by name as the go-to solution and our licensing program is making it easy for other gear makers to remain competitive.”
– Doug Duggan, Director, OEM & International Sales.

Contact Blue Force Gear today to start producing pouches with the lightest, most elegant MOLLE attachment system in the industry.

Gentex Announces Ops-Core FAST Helmet System Passes US Government First Article Testing for Higher Level Threat

Thursday, February 11th, 2021

CARBONDALE, PA February 10, 2021 –  Gentex Corporation, a global leader in personal protection and situational awareness solutions for defense forces, emergency responders, and industrial personnel, announced that one of its Ops-Core® FAST Helmet Systems passed U.S. Government First Article Testing (FAT), a first for a helmet providing protection against a prevalent higher level threat.

The helmet utilizes the most advanced protective shell ever produced by Gentex, providing a level of protection that could previously only be achieved with the addition of a ballistic applique. The FAST Helmet System features the same total headborne system solutions as the Ops-Core FAST SF Helmet, the preferred helmet of U.S. Special Operations Command (USSOCOM), global special operations forces, and elite law enforcement. Maintaining the Ops-Core modular design approach, it is compatible with products including the STEP-IN® Visor, AMP® Communication Headset, and FAST ballistic mandibles.

“For over 75 years, Gentex has built a proud history of protective headborne system innovations and a series of firsts,” said LP Frieder, Chief Executive Officer at Gentex Corporation. “With this significant achievement, we are proud to continue leading the way in ballistic protection solutions.”

Since the introduction of the first aramid-based PASGT helmet in the late 1970s to the first ultra-high-molecular-weight polyethylene (UHMWPE) FAST XP helmet in 2008, Gentex has been on the forefront of ballistic innovation for over 50 years. Part of Gentex Corporation’s portfolio for defense, emergency response, and security forces, the focus and dedication of the company’s Ops-Core brand remains the same – protecting elite forces. The modular, scalable, open-architecture design of Ops-Core products allows for seamless integration and true system level performance.

www.gentexcorp.com

Blade Show West Moving to Orange County, California

Thursday, February 11th, 2021

BLADE Show, the world’s largest knife show, has announced a major venue upgrade for its BLADE Show West exhibition. The 2021 event will take place at the Long Beach Convention Center in Orange County, California, on Friday and Saturday, Oct. 8-9.

After months of searching for the best possible location for BLADE Show West, the BLADE Show staff unanimously concluded that Long Beach is the place to be.

“Many exhibitors and attendees who joined us in Portland, Oregon, for the past two West shows suggested ways we could improve on the experience. We listened and started looking for alternative locations. The Long Beach area has so much going for it that this was an easy decision,” said Alicia Newton, BLADE Show director.

“Foremost in our decision is the fact that Orange County is knife-friendly in ways that many of the other venues we considered are not. Management at the Long Beach Convention Center has been easy to work with and is genuinely excited about adding our event to their calendar. Exhibitors can expect great show traffic and hassle-free transactions.”

Long Beach has all the amenities that show attendees and exhibitors value. It’s easy to navigate, there are plenty of hotel options, and a huge variety of dining and entertainment options can be found within walking distance of the convention center. Further, the size and layout of the convention center lends itself to expansion in future years.

Additional details, including lodging information, will be posted regularly at bladeshowwest.com during the coming weeks, so check back often.

Premier Body Armor Announces Jason Mammano’s Promotion to Vice President of Marketing and Communications

Wednesday, February 10th, 2021

GASTONIA, N.C. – February 9, 2021 – Premier Body Armor is proud to announce that Jason Mammano has joined the team as Premier Body Armor’s new Vice President of Marketing and Communications. Mammano’s new role sets the stage for an increased presence for the company across the industry.

“I’m thrilled to have Jason join our team full-time as VP of Marketing,” said Frank Stewart, President of Premier Body Armor. “He is not only a friend, but also a vital and creative mind on our team as well as a leader in all our marketing efforts. I am confident in his promotion and know that he is going to help us get to the next level. We are seeking to innovate armor solutions into everyday life, a mission that Jason is already actively helping us achieve.”

“We are very excited to have Jason join the PBA team,” Alex Stewart, Premier Body Armor’s Vice President of Business Development said. “Jason has been instrumental in shaping the marketing strategies of Premier Body Armor and is an asset to the company. His new role will allow us to build partnership with more companies, do more with event sponsorship, and to grow our Pro Staff and affiliate team.”

Mammano (left, with Alex Stewart in the image below) is no stranger to Premier Body Armor. His experience in information systems and analytics made him a valuable asset for Premier Body Armor in a behind-the-scenes role. After two decades of educational instruction, Mammano has made the transition away from his advisory role to assume the new role as Vice President.

“Premier Body Armor builds armor for every-day life,” said Mammano. “I’m excited to increase my role with Premier. This is not a job; it’s a family. My new role allows me the opportunity to make a difference for people who need protection when it matters most. Together, we’ll be able to take Premier’s life-saving armor solutions to a whole new level.”

Learn more about Premier Body Armor and their complete line of off-body inserts and new low-profile body armor at premierbodyarmor.com.

Tyrant Designs Proudly Unveils NEW Glock 43X/48 Magwell

Wednesday, February 10th, 2021

CHICAGO, ILLINOIS (02/06/2021) – Tyrant Designs is thrilled to announce our NEW Glock 43X/48 Magwell for quick and smooth magazine insertions to have you spending more time shooting and less time trying to reload! The NEW Glock 43X/48 Magwell is compatible with all standard G43X and G48 models as well as their MOS (Modular Optic System) counterparts.

If you are a competitive shooter or simply want the competitive edge over your friends, then the NEW Glock 43X/48 Magwell could be your secret sauce to winning weekend medals or gentleman’s bets among your crew. Crafted from 6061 Aluminum and sporting a patent pending attachment design, you can add some flare to your magwell in seconds.

The enhanced ergonomics of the NEW Glock 43X/48 Magwell plus the forward relief cuts will always ensure you have a firm grip on your firearm to support fast insertions through the aggressive funneling of the magwell. The wider opening and thoughtful design will guarantee you always seat your magazines properly and as quickly as possible.

Like all Tyrant Designs products, the NEW Glock 43X/48 Magwell is machined from quality American materials to guarantee greater reliability. Also, if your collection of Glock magazines is a buffet of brands from Glock to the Shield Arms S15, no worries amigo, the NEW Glock 43X/48 Magwell will support them all. As always, this new offering and all of our products are manufactured in the USA and carry our fully-backed Lifetime Warranty! Available now in Black, Red, Machined Aluminum, Grey, Blue, and Gold at www.tyrantcnc.com/ at an MSRP of $69.95 each.