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Archive for the ‘Press Release’ Category

AmmoSquared Inc. Launches Crowdfund to Revolutionize the Ammunition Industry

Thursday, January 2nd, 2020

No industry is immune to digital disruption… not even ammunition.

Boise, Idaho (December 2019)  AmmoSquared Inc. is on a mission to change the way 94 million gun owners think about and manage ammunition by combining the physical world of ammunition with the convenience of online digital management.

According to the company, by starting off digital, ammunition becomes more convenient to purchase, store, exchange, manage, and ultimately, own.

CEO of AmmoSquared Inc, Dan Morton, explained, “Our vision of the future is that every gun owner in America will soon have two forms of ammunition: physical, that they store in their house and take to the range, and digital, which is accumulating in the background, easily exchangeable, and deliverable on demand.”

The company’s existing business model, which was launched in 2015, already offers a unique ammunition subscription service designed to help customers stay stocked up on ammo, but according to Morton, that is just phase one of AmmoSquared’s long term vision.

“Currently customers can purchase ammunition in small amounts via a reoccurring subscription,” Morton continued. “It doesn’t matter whether they are buying one box or one round at a time, it all goes into their digital inventory and accumulates until the customer is ready for delivery. This subscription-based model is just the first phase of our vision.”

AmmoSquared is looking at the future of ammunition and has recently begun raising capital to build a next-generation digital ammunition exchange. Chris Corriveau, CTO of AmmoSquared, added, “Our ultimate goal is to build a true ‘Digital Ammunition Exchange’ where individuals can purchase, store, exchange, and sell ammunition with just a few clicks online. This way, every gun owner has a backup supply of ammunition in a ‘digital’ format that is easily exchangeable and available whenever they need it. Ammunition holders will also be able to trade into, or out of, different calibers in order to take advantage of price changes in the ammunition market.”

Morton and Corriveau predict this will create a market-based leveling mechanism to smooth out the sometimes-dramatic price and availability swings in ammunition that increase during the political election cycle.

To raise capital, the company is issuing Series Seed Preferred Shares to accredited and non-accredited investors through equity crowdfunding portal Wefunder.

“We wanted to give everyone an opportunity to join us and invest in the future of ammunition. Most folks are not accredited investors so it was important to choose an equity crowdfunding platform where anyone with as little as $100 could become a shareholder in AmmoSquared. There are also great gun related perks available for those who can invest $500 or more,” Morton said.

While there are a handful of public companies in the firearms industry such as Sturm, Ruger and Company, American Outdoor Brands, and Olin Corp (Winchester), the ability to invest in a disruptive tech startup in this industry is rare to non-existent – especially for the smaller investor.

Investors in AmmoSquared have a unique opportunity to own part of an ammunition company, drive innovation in the industry, and support the 2nd Amendment.

For investment information visit:  wefunder.com/ammosquared

Blaser USA Transitions to Blaser Group

Thursday, January 2nd, 2020

San Antonio, Texas (January 2, 2020) – Blaser USA, the official U.S. importer for Blaser, Mauser, Sauer, Rigby and Minox, is now operating under the new name of Blaser Group.   The name change is a key component in the global branding strategy of the portfolio of companies in the L&O Hunting Group.

“The transition from Blaser USA to Blaser Group reflects a significant milestone in establishing consistent branding around the world. In all key markets, Blaser Group will represent our fine German and English brands” said Jason Evans, CEO of Blaser Group (USA division). “All U.S. consumer brand strategies and business operations will remain unchanged.”

Blaser Group recently added the new Blaser R8 Ultimate and Ultimate Leather to its renowned line of bolt-action rifles.  The R8 features a straight-pull action and is among the world’s fastest and most modular hunting rifles. 

London gunmaker John Rigby & Company has released a new limited edition ‘W.D.M. Bell’ model of their Highland Stalker rifle, paying homage to adventurer Karamojo Bell.  The African big game hunter is celebrated worldwide as an advocate for accurate shot placement using smaller caliber rifles, a technique he perfected by the dissection and study of the skulls of elephants he shot, namely with his .275 Rigby.  This limited run of only 50 rifles is the first in Rigby’s new Heritage series and will be offered in .275 Rigby, like Bell’s original rifle.

www.blaser-group.com

Westchester County Police Selects GRD MLAD2 Weapon Lasers

Thursday, January 2nd, 2020

“GRD Global Response Defense (formerly DI Optical) is proud to announce Westchester County Police after extensive evaluation adopts GRD MLAD2 IR/Visible weapon lasers for use by the elite SRT and support teams. Westchester County is the most populous county of New York north of NYC and covers 450sq miles. MLAD2 lasers will increase mission critical capabilities of SRT/CST officers in the course of tactical operations.”

For more information please contact :
Champ Yi
Director of Military & L.E. Sales
champ@diopticalusa.com

Still Making History: Colt Releases Updated Python

Wednesday, January 1st, 2020

WEST HARTFORD, CONN., (January 1, 2020) – After years of research and development, Colt releases a refined and upgraded Colt Python. The legendary double-action revolver, which originally debuted in 1955, returns in stainless steel in 4.25” and 6” barrel lengths.  

“We know the Colt Python is one of the most beloved and collected firearms in American history, and its re-release has long been demanded by enthusiasts,” said Justin Baldini, Product Director at Colt.  “We took our time on R&D – we needed to be sure the look and performance of this redesign lived up to its legendary name and kept its impeccable reputation for quality and accuracy. This new Python lives up to the legend in every way.”

The Colt Product Innovation Team refined the design of the new Colt Python and performed rigorous testing, ensuring it meets the demands of shooters and collectors. Numerous improvements were made to reinforce the revolver, including the use of stronger stainless steel alloys and a re-designed rear sight which allows for a 30% increase in the cross-sectional area of the top strap — meaning more steel beneath the rear adjustable target sight, for a stronger revolver and more robust shooting experience.

Minimizing the amount of parts in the trigger action has simplified the mechanism, elevating its reliability and allowing for more straightforward maintenance. The testing process included over 40,000 trigger pulls on a single Python. Trigger pull scans show lighter trigger pull weights, less friction and increased consistency, re-enforcing the Python’s reputation as a gun that can be heavily used and passed down through generations.  

Finally, Colt builds on the modern Snake Gun legacy by adding features such as a recessed target crown, user-interchangeable front sight, and an updated Walnut grip to make this the most user-friendly Python ever. The DA revolver is chambered in .357 Magnum and also accommodates 38 Special cartridges.

The Python has been extremely popular with both target shooters and law enforcement, and featured in countless TV series, movies and video games including “The X Files,” “The Walking Dead,” “Hawaii 5-0,” “Starsky and Hutch,” “John Wick” (2014), “American Gangster” (2004), “Fight Club” (1999) and “King Kong” (1976).

The new Colt Python .357 Magnum is available now through Colt stocking dealers for $1499 MSRP.  

www.colt.com/python

Federal Ammunition Launches “It’s Federal Season” Podcast

Sunday, December 29th, 2019

ANOKA, Minnesota – December 18, 2019 – Federal Ammunition is excited to announce the launching of “It’s Federal Season,” a podcast dedicated to everything ammunition.  Federal is coming up on 100 years and there is a ton of information to share that is both entertaining and informational.  The first episode will drop on December 19, 2019 and can be downloaded from federalpremium.com/podcast.     

“This is an exciting launch and a new marketing tool for our leading ammunition brand,” says Jason Vanderbrink, President of Federal. “Our goal is to entertain, inform, and give insight into our new and existing products that you use in your practice, your hunts, and in your self-defense every day.”  

Listeners can expect to learn about new products and promotions but also hear from our many partners in the hunting and shooting industry including conservation leaders, celebrities, competitive shooters, and prominent newsmakers.  These conversations are going to be engaging and informative.  The podcast will feature a TECH TALK segment where Federal’s engineers or product managers will go in-depth on design and performance of our category leading products and the key differentiators that separate us from the competition.

The initial podcast schedule will be dropping new content each month with the primary host being Jason Vanderbrink, President of Federal.  The flexibility of the medium allows Federal to increase frequency when seasons heat up.  Look for more information at www.federalpremium.com or where you find your favorite podcasts.     

58″ Wide ACRONYM Now Available in M81 Woodland Camo from Whiskey Two Four

Saturday, December 28th, 2019

Whiskey Two Four are excited to offer 58″ wide ACRONYM in M81 woodland camo.  ACRONYM (Advanced Composite Rugged Optimized NYlon material) laminate fabric is manufactured with milspec, Berry / IR compliant, solution dyed fabrics to produce a tough, medium weight fabric perfect for laser cut applications.  Approx 18oz / sq yard.

www.wtfidea.com/acronym-500d-laminate-58-137cm-wide-per-yard

Congress Clears 2020 National Defense Authorization Act that Leverages Model Maintenance Code to Improve Conditions in Military Housing

Thursday, December 26th, 2019

The U.S. Department of Defense separately updated its building standards to the most recent international building codes 

Washington, D.C. – Earlier today, the Senate approved the House-passed National Defense Authorization Act (NDAA) for fiscal year 2020, clearing the legislation for the President’s expected signature. The measure,  which authorizes appropriations for the upcoming year and sets forth policies for U.S. Department of Defense (DOD) programs, requires that privatized military housing meet or exceed requirements set by a nationally recognized, consensus-based, model property maintenance code, such as the International Property Maintenance Code (IPMC), by February 1, 2021.

The IPMC, developed by the International Code Council, regulates the minimum maintenance requirements for existing buildings and establishes minimum standards for basic equipment, light, ventilation, heating, sanitation and fire safety. It is used or adopted in 40 states and the District of Columbia. The maintenance code requirement is part of a broader effort within the NDAA to improve the oversight, accountability, management, and, most importantly, quality of privatized military housing following several reports detailing substandard conditions.    

Separately, DOD recently updated its building code, the Unified Facilities Criteria (UFC), to use the 2018 International Building Code, 2018 International Existing Building Code and 2018 International Plumbing Code. The UFC had previously required using the 2015 versions of these codes. The UFC establishes  common requirements for DOD construction activities, and addresses safety, functionality and durability.

“Setting maintenance requirements for military housing will help ensure our service members and their families are afforded access to the well-built, well-maintained, housing they deserve,” said Code Council Chief Executive Officer Dominic Sims, CBO. “The Code Council very much appreciates the leadership of the House and Senate Armed Services Committees in addressing these issues. By working to bring uniformity in building standards to our military housing and other Department of Defense facilities, we are helping to contribute toward the safety of our servicemen and women.”  

To view the 2020 NDAA Conference Report, please click here. The UFC Building Code and UFC Plumbing Systems requirements are available here and here, respectively..

Colorado Company, Liteye Systems Expands Manufacturing, Opens 55K Sq Ft Facility

Monday, December 23rd, 2019

US Manufacture of AUDS (Anti-UAV Defense System) Experiences Rapid Growth in Counter Drone Market 

Centennial Colorado — Liteye Systems, Inc. the US leader in Counter Unmanned Aerial Systems, announced the opening of a new 55,000 square foot facility in Highfield Business Park, near Centennial Airport, CO to accommodate rapid growth and support increasing manufacturing demands.

In addition to the corporate headquarters in Centennial, CO and UK office, the new facility will bring the company’s office and manufacturing footprint to over 80,000 square feet and supports the company’s growth strategy.  Liteye added 21 jobs in 2019 and plans an additional 20 jobs next year.

Liteye, founded by Kenneth Geyer and Tom Scott in January of 2000, is now ranked as one of the leading privately held companies in Colorado. Liteye has over $70M in counter drone contracts with the US DoD and is Combat Proven with over 1000 defeats against enemy drones by ISIS, Taliban and others.

“When Liteye started we designed and manufactured small products, such as Head Mounted Displays and covert thermal cameras,” stated Kenneth Geyer, CEO. “As the company grew and evolved into the counter unmanned systems market, the need for square footage and taller ceilings to house multiple vehicles, trailers and shipping containers on a production line to meet customer demands became necessary.” 

“Like most companies, in the beginning we focused mainly on the engineering portion, subcontracting the manufacturing and assembly of our products outside the company. As our military business grew, we brought both those capabilities inside the company to meet MIL-STD requirements and fast delivery times.” Said Thomas Scott, CTO “It started with just one CNC machine and has been growing ever since, where today we have a state-of-the-art machine shop and full production floor.”  

www.liteye.com