Welcome to our dedicated page for Virnetx Holding news (Ticker: VHC), a resource for investors and traders seeking the latest updates and insights on Virnetx Holding stock.
VirnetX Holding Corporation (VHC) is a leader in secure communication technologies, specializing in Zero Trust Network Access (ZTNA) and patented encryption solutions. This page serves as the definitive source for official company news, providing investors and industry professionals with timely updates on strategic developments.
Access curated press releases, earnings announcements, and operational updates in one centralized location. Our repository includes details on product innovations, partnerships, and intellectual property milestones, enabling informed analysis of VirnetX's role in cybersecurity and enterprise communications.
Key content categories include quarterly financial results, technology patent updates, secure collaboration platform enhancements, and industry recognition. Bookmark this page for direct access to primary source materials about VHC's contributions to protecting critical digital infrastructure.
VirnetX Holding (NYSE: VHC) has appointed Dr. John Anthony Jamison as its new Chief Technical Officer (CTO). Dr. Jamison brings extensive experience from his roles as a Naval Intelligence Officer (1997-2018), Technical Director at BAE Systems' FAST Labs, and most recently as CTO at AI/ML startup OmniTeq. He holds a Doctorate of Strategic Intelligence and has significant expertise in defense electronics, tactical space satellite programs, and AI/ML applications.
The former CTO, Dr. Victor Larson, will transition to a Strategic Advisor role at VirnetX. CEO Kendall Larsen expressed enthusiasm about Dr. Jamison's appointment, highlighting his intelligence community background as valuable for the company's defense sector objectives.
VirnetX Holding (NYSE: VHC) has announced a special company webcast update scheduled for December 10, 2024, at 9 a.m. PST. CEO Kendall Larsen will lead the presentation, which will cover the company's 2024 activities and provide insights into the company's direction for 2025 and beyond. The webcast will be accessible through the company's dedicated webcast platform.
VirnetX Holding (NYSE: VHC) has announced a Cooperative Research and Development Agreement (CRADA) with the Air Force Research Laboratory Intelligence Systems Directorate (AFRL/RI). This collaboration aims to enhance cybersecurity and Zero Trust technologies for integrated surveillance, reconnaissance operations, and Air Force targeting processes.
The CRADA is expected to provide a pathway to secure and obfuscate Air Force targeting, processing, dissemination, and intelligence technology. This initiative will allow the Air Force to leverage the latest commercially available cybersecurity technology and reduce its IT attack surface in a joint, all-domain environment.
VirnetX Holding (NYSE: VHC), an Internet security software and technology company, has received a notice from the New York Stock Exchange (NYSE) on August 28, 2024, stating that the company is not in compliance with Section 802.01B of the NYSE's Listed Company Manual. This non-compliance is due to the company's average global market capitalization over a consecutive 30 trading-day period being less than $50 million, while simultaneously having stockholders' equity below $50 million.
The notice does not immediately impact VirnetX's stock listing or business operations. The company has 45 days to submit a plan to the NYSE outlining actions to regain compliance. If accepted, VirnetX will have an 18-month cure period to meet the continued listing standards, subject to periodic review by the NYSE.
VirnetX Holding (NYSE: VHC) participated in the U.S. Navy Expeditionary Combat Command (NECC) sponsored technology demonstrations during RIMPAC 2024, a large-scale international maritime exercise in Hawaii. The company successfully showcased its secure connection technology, demonstrating how it connected users on various platforms via different networks for secure video conferencing using VirnetX's War Room. The demonstrations included ship-to-shore secure video conferencing, highlighting the technology's potential for defense applications in security, stealth, and flexibility.
Lt. General (Ret.) Dan Leaf, a VirnetX Defense Advisor, emphasized the unique value of VirnetX's technology in dynamic environments, from day-to-day situations to challenging operations in conflict or humanitarian assistance. CEO Kendall Larsen noted the significance of presenting at RIMPAC, the world's largest international maritime warfare exercise, showcasing War Room's capabilities across platforms without geographical limitations.
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