Vencore Labs to Provide American Electric Power with Continuous Monitoring Services

Chantilly, Va. – August 7, 2017 – Vencore, Inc. announced today that its innovative research arm, Vencore Labs, has been awarded a contract from American Electric Power (AEP) to pilot a continuous monitoring service of the utility’s Advanced Metering Infrastructure (AMI).

Under the contract, Vencore Labs will deliver its ground-breaking SecureSmart™ solution, a patented infrastructure monitoring technology for smart grid field networks in two operating companies within AEP. SecureSmart™ will provide a cost-effective monitoring and analysis solution for AEP’s wireless field networks, increasing visibility into system operation and improving the ability to react more quickly to maintain and protect its AMI and distribution automation (DA) systems.

AEP is the first in the industry to explore SecureSmart™ as a monitoring solution across multiple AMI and DA systems from different vendors. SecureSmart™ will help to more efficiently investigate and diagnose recurring system operation issues using the product’s ground truth sensor-based architecture and its comprehensive suite of applications.

SecureSmart™ is an integrated cybersecurity, operations and engineering solution for AMI, Distribution Automation (DA) and Supervisory Control and Data Acquisition (SCADA) systems. SecureSmart™ is the industry’s only wireless network intrusion detection system that provides real-time network health, anomaly detection, threat analysis and visualization.   

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About Vencore, Inc.  

Vencore is a proven provider of information solutions, engineering and analytics for the U.S. Government. With more than 40 years of experience working in the defense, civilian and intelligence communities, Vencore and its transformational applied research organization, Vencore Labs, design, develop and deliver high impact, mission-critical services and solutions to overcome its customers most complex problems. 

Vencore has 3,750 employees and is based in Chantilly, Va.  For more information about Vencore and Vencore Labs, visit www.vencore.com and www.vencorelabs.com. 

This press release contains forward-looking statements. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Vencore and are subject to significant risks and uncertainty. Readers are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Vencore undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Vencore believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve a variety of risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements.

Vencore Labs Selected to Present Game-Changing Internet of Things Technologies at INSA Innovators Showcase

Vencore Labs, was selected to present on three Internet of Things (IoT) technologies to a panel of leading scientists, technologists and engineers from the U.S. government at the 2017 Innovators’ Showcase. The showcase is an annual forum for independent research and development (IR&D) hosted by the Intelligence and National Security Alliance (INSA).   

Vencore Labs delivered three out of the four selected presentations in the IoT category. The presentations provided insights from the company’s leading edge research in the emerging IoT areas of telematics, smart grid and low power networks. The Vencore Labs solutions presented government agencies innovative approaches to better achieve their missions and revealed several new opportunities in a rapidly changing technology landscape.

INSA’s Technology and Innovation Council has hosted the Innovators’ Showcase since 2010, in collaboration with the Office of the Director of National Intelligence (ODNI).  The annual exhibition provides a unique forum for the private sector, public-private enterprises and academia to present their innovative IR&D projects to members of the Intelligence Community as well as other agencies that contribute to national security. This year, only 24 abstracts were accepted out of the 110 received, making this the most competitive showcase yet.

Vencore Files Registration Statement for Proposed Initial Public Offering

Chantilly, Va. — June 21, 2017 —Vencore Holding Corp. (“Vencore”), the parent company of Vencore, Inc., a leading provider of mission-critical, innovation-driven services and solutions to U.S. government customers, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) for an initial public offering of its common stock. The number of shares and price range of the proposed offering have not yet been determined.

Goldman Sachs & Co. LLC and Wells Fargo Securities are acting as joint book-running managers and acting as representatives of the underwriters for the common stock offering. The proposed offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained from Goldman Sachs & Co. LLC at Prospectus Department, 200 West Street, New York, N.Y. 10282, telephone: 866-471-2526, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com, or Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, N.Y. 10152, at 800-326-5897 or email a request to cmclientsupport@wellsfargo.com.

A registration statement on Form S-1 relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of these securities under the securities laws of any such state or jurisdiction.

About Vencore
Vencore is a proven provider of information solutions, engineering and analytics for the U.S. Government. With more than 40 years of experience working in the defense, civilian and intelligence communities, Vencore and its transformational applied research organization, Vencore Labs, design, develop and deliver high impact, mission-critical services and solutions to overcome its customers’ most complex problems.

Vencore has approximately 3,750 employees and is based in Chantilly, Va. 

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This press release contains forward-looking statements, including statements about the proposed offering. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of risk factors and uncertainties discussed in documents filed by Vencore with the SEC. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

Vencore Labs to Support Dispersed Computing Research Program at DARPA

U.S. Air Force photo by Staff Sgt. Stephanie Longoria/Released

U.S. Air Force photo by Staff Sgt. Stephanie Longoria/Released

Chantilly, VA – June 15, 2017 – Vencore Inc., announced today that its innovative research arm, Vencore Labs, has been awarded a prime contract to provide research and development services in support of the Defense Advanced Research Project Agency’s (DARPA) Dispersed Computing (DCOMP) program. Work on the cost-plus-fixed-fee contract will take place in Basking Ridge, New Jersey through 2021 and has a value of $10.3M.

The DCOMP program aims to remedy the cost and latency issues of data computation in a rugged, operational environment where network connectivity and power is limited.  By leveraging dispersed computing systems, the DCOMP program seeks to create software instantiations of protocol stacks and algorithms to improve performance of networks and applications.

Under the contract, Vencore aims to provide DARPA with innovation in network protocols. Specifically the company proposes a solution leveraging programmable network elements that collect in-path network data for analytics and uses these analytics with programmable protocol logic for boosting network performance.

“This work leverages Vencore Labs’ industry-leading expertise in networking and analytics,” said Petros Mouchtaris, Ph.D., president of Vencore Labs. “We look forward to expanding our relationship with DARPA to bring them an innovative solution in support of this important mission.”

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Vencore Technical Director Named Inaugural Neil Armstrong Award of Excellence Honoree

Chantilly, Va. – June 7, 2017 – Vencore, Inc. announced today that Patrick T. Biltgen, Ph.D., technical director of analytics, has been named the inaugural winner of the Neil Armstrong Award of Excellence. Biltgen will receive the award at the Astronaut Scholarship Foundation’s (ASF) Innovators Gala on Sept. 16, 2017 in Washington, D.C.

The award is presented to a former ASF scholar whose research and work has made a positive impact on industry and who exemplifies a passion to expand the boundaries of exploration through science and technology. Biltgen is a two-time ASF scholar having received the award in both 2001 and 2002.

“At Vencore we are tasked with solving our customers’ most difficult problems,” said Mac Curtis, president and CEO of Vencore, Inc. “And we couldn’t do that if it weren’t for the ground-breaking innovators we employ. We congratulate Pat on this well-deserved award, and are proud that he is part of the Vencore Family.”

Over the last several years, Biltgen has used innovative methods for data integration and analysis to further the advancement of Activity-Based Intelligence (ABI). Additionally, Biltgen is the co-author of the textbook “Activity-Based Intelligence: Principals and Applications.”  Advancements in ABI have benefitted the United States military and Intelligence Community by locating and identifying explosive caches used to manufacture improvised explosive devices, saving dozens of soldiers’ lives.

In addition to his contributions to the U.S. military and Intelligence Community, Biltgen’s work has also had a positive impact on humanitarian efforts through the documentation of treaty violations and monitoring relief efforts in the Middle East.

Vencore serves as a corporate partner of ASF and is committed to providing internship opportunities to ASF scholars, and is dedicated to furthering their professional development.

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