In the News
Fortanix Enhances Data-First Security Platform to Secure Against Escalating AI and Quantum Computing Threats
New discover, assess, and remediate capabilities include the latest NIST quantum-resistant algorithms as promoted by the National Security Agency (NSA) to enhance data encryption and key management
SANTA CLARA, Calif.,, February 25, 2025
Fortanix, Inc., the leader in data-first cybersecurity and a Confidential Computing pioneer, today announced new capabilities to its data encryption and key management platform. Even as organizations struggle to manage the rising costs and complexity of data security, advances in AI and quantum computing will render current protections obsolete. Quantum computers will be able to break most widely used public key cryptographic algorithms, putting long-term sensitive data at risk, and recent innovations in the field signal it could happen sooner than expected—customer information, PII, employee records, proprietary company and product details—is vulnerable. For example, encrypted data is being stolen today with the intent to decrypt it in the future, once quantum computing becomes available.
Read full press release: https://www.fortanix.com/company/pr/2025/02/fortanix-enhances-data-first-security-platform-to-secure-against-escalating-ai-and-quantum-computing-threats
Fortanix Releases 2025 GenAI Data Security Report: Majority of Enterprises Under Pressure to Deploy AI Solutions, Escalating Data Security Risks
Survey of 1,000 Executives Reveals 97% of Companies Block or Restrict GenAI Usage, Yet 64% Respondents Access AI Tools via Personal Email
SANTA CLARA, Calif., February 17, 2025
Fortanix, Inc., the leader in data-first cybersecurity and a Confidential Computing pioneer, today announced its 2025 State of Data Security in GenAI Report, which reveals key insights around GenAI usage, organizational deployment plans, and data security risks. Of those surveyed, 97% said their company plans to either buy or build a GenAI solution to automate business processes or create new revenue streams. At the same time, 87% of security executives reported a breach in the past 12 months. Organizations must ultimately secure data across multiple owners, applications, environments, and geographies. While encryption is the last line of defense, and a compliance and regulatory necessity, traditional security tools are outdated, designed for a world that no longer exists.
Read full press release: https://www.fortanix.com/company/pr/2025/02/fortanix-releases-2025-genai-data-security-report
The 10 Defense Tech Startups to Watch in 2025
With hypersonic planes and sprawling drone factories, startups from Anduril to Astranis are poised to change the nature of war.
10 of the defense tech startups to watch this year include:
COMPANY: Firefly Aerospace
VALUATION: $2 billion
CEO: Jason Kim
INDUSTRY: Space vehicles
HEADQUARTERS: Cedar Park, Texas
Firefly, the maker of lunar landers and orbital vehicles, is set to make its first moon landing this month carrying NASA supplies — one of dozens of missions the company has planned for this year. The startup sells its technology to both businesses and the government, and has a growing defense operation. This fall, Firefly raised $175 million in fresh funding, and won approval to use its Elytra spacecraft to launch and maneuver military satellites.
Read full article: https://www.bloomberg.com/features/2025-tech-defense-startups-to-watch/
Federated Wireless Secures Sole Source Sustainment Contract for First DoD 5G ATO Program of Record
First Commercial Deployment of Advanced Private 5G Network for USMC LOGCOM Logistics Base, in Collaboration with JMA Wireless, Hewlett Packard Enterprise, and Shared Spectrum, Aligns with the Department of Defense’s Vision for Next-Generation Connectivity
ARLINGTON, Va, January 14 — Federated Wireless, a leader in private wireless network solutions, today announced a significant milestone in defense logistics. Its innovative private 5G networking technology is now under a 42-month sustainment contract valued at over $6 million with the Marine Corps Logistics Command (LOGCOM) at the Albany, Georgia, logistics hub. Developed in collaboration with leading technology partners including JMA, Hewlett Packard Enterprise (HPE) and Shared Spectrum, this deployment represents the Department of Defense’s (DoD) first commercial 5G private network.
Read full press release: https://www.federatedwireless.com/news/federated-wireless-secures-sole-source-sustainment-contract-for-first-dod-5g-ota-program-of-record/
Fortanix Ranked Number 167 Fastest-Growing Company on the Deloitte Technology Fast 500™ for Future-Proofing Data Security Against AI and Post-Quantum Data Exposure Threats
Company registers 706.8% Revenue Growth over 3 years, as Traditional Perimeter-Based Security Solutions Repeatedly Prove to be Inadequate for Securing Data From Hackers
SANTA CLARA, Calif., November 20, 2024
Fortanix® Inc., a leader in data-first cybersecurity and pioneer of Confidential Computing, today announced it ranked No. 167 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year. Fortanix grew 706.8% from 2020 to 2023.
Read full press release: https://www.fortanix.com/company/pr/2024/11/fortanix-ranked-167-fastest-growing-company-on-the-deloitte-technology-fast-500
Fortanix Integration with AWS Nitro Enclaves Improves Application Performance Without Adding Data Exposure Risk
Data Security Manager (DSM) Accelerator on AWS Nitro Enclaves Boosts Application Performance while Ensuring Highest Degree of Security
SANTA CLARA, Calif., November 18, 2024
Fortanix, Inc., a leader in data-first cybersecurity and pioneer of Confidential Computing, today announced a new integration between Fortanix Data Security Manager (DSM) Accelerator and AWS Nitro Enclaves that significantly improves app performance without increasing data exposure risk. Available now, this integration ensures the highest degree of data security with Confidential Computing. A similar integration with Intel SGX will be released in early 2025.
Read full press release: https://www.fortanix.com/company/pr/2024/11/fortanix-integration-with-aws-nitro-improves-application-performance-without-adding-data-exposure-risk
GiantLeap Capital Invests in Firefly Aerospace in an Oversubscribed $175 Million Series D Capital Raise Round
NEW YORK, Nov. 14, 2024 /PRNewswire/ -- GiantLeap Capital, a U.S-based alternative investment firm that partners with companies developing technologies for critical industries, announced an investment in Firefly Aerospace, the leader in end-to-end responsive space services.
Read full press release: https://www.prnewswire.com/news-releases/giantleap-capital-invests-in-firefly-aerospace-in-an-oversubscribed-175-million-series-d-capital-raise-round-302305048.html
Membrion announces stellar pilot results for novel wastewater reuse solution at 100+ Accelerator Demo Day and Sustainable Innovation Expo
Patented electro-ceramic desalination process enables impressive water circularity rate for Fortune 500 manufacturer
SEATTLE, October 29, 2024 – At the 100+ Accelerator program Demo Day in London, Membrion announced impressive data from a successful pilot project with a Fortune 500 global producer of home and personal care products. They showed the ability to treat 85 to 93 percent of wastewater coming from reverse osmosis (RO), a common water treatment process found in most manufacturing environments.
Read full press release: https://membrion.com/membrion-announces-stellar-pilot-results-for-novel-wastewater-reuse-solution-at-100-accelerator-demo-day-and-sustainable-innovation-expo/
Fortanix and Sectigo Partnership Helps Enterprises Uplevel Software Supply Chain Security
Collaboration Automates the Issuance of Code Signing Certificates, Enabling Enterprises to Accelerate, Scale and Secure Rapid Development Processe
SANTA CLARA, Calif., October 21, 2024
Fortanix, Inc., a leader in data-first cybersecurity and pioneer of Confidential Computing, today announced a new partnership with Sectigo, a global leader in certificate lifecycle management (CLM) and WebPKI solutions, enabling enterprises to secure their software supply chain by automating the issuance of code-signing certificates. The partnership gives enterprises a fast, scalable solution to automate and control their urgent and ballooning need to create, track, and attest private key security without slowing down developer workflows.
Read full press release: https://www.fortanix.com/company/pr/2024/10/fortanix-and-sectigo-partnership-helps-enterprises-uplevel-software-supply-chain-security
Fortanix Introduces Expanded Key Insight Data Security Solutions and File System Encryption Solutions for the Japan Market
New Offerings Help Strengthen Security Posture of Japanese Enterprises with Encryption Across All Layers, and Discovery of Encryption Keys and Services Across Hybrid Multicloud Environments
TOKYO & SANTA CLARA, Calif.,, October 6, 2024
Fortanix® Inc., a leader in data-first cybersecurity and pioneer of Confidential Computing, today announced the introduction of expanded Key Insight solutions, and the addition of File System Encryption to Fortanix Data Security Manager (DSM), for the Japanese market. In line with Fortanix’s global strategy, these advanced capabilities address the evolving data security needs of Japanese enterprises, and their preparation for the era of quantum computing.
Read full press release: https://www.fortanix.com/company/pr/2024/10/fortanix-introduces-expanded-key-insight-data-security-solutions-and-file-system-encryption-solutions-for-the-japan-market
Federated Wireless Announces General Availability of its Groundbreaking Adaptive Network Planner (ANP) at WISPAPALOOZA 2024
AI-Powered Tool Optimizes CBRS Networks, Boosts BEAD-Funded Broadband Deployment, and Enhances Provider Profitability
October 1, 2024 – Arlington, VA – Federated Wireless, the leader in shared spectrum management, today announced the general availability of its Adaptive Network Planner (ANP), an AI-driven, cutting-edge tool designed to meet the evolving demands of fixed wireless access (FWA) and private networks. As the $42.45 billion Broadband Equity, Access, and Deployment (BEAD) program—part of the Infrastructure Investment and Jobs Act (IIJA)—accelerates efforts to close the digital divide, Federated Wireless’ ANP delivers real-time, precise data that optimizes network performance, ensures efficient use of BEAD funds, and drives profitability for service providers.
Read full press release: https://www.federatedwireless.com/news/federated-wireless-announces-general-availability-of-its-groundbreaking-adaptive-network-planner-anp-at-wispapalooza-2024/
Xeureka Leverages Confidential Computing and AI powered by Fortanix and NVIDIA to Transform the Pharmaceutical Development Process
Mitsui & Co. Subsidiary Improves the accuracy of AI models from 65% to 74% through collaboration on confidential data. It is expected to significantly reduce the time and cost associated with Drug Discovery
SANTA CLARA, Calif., , August 22, 2024
Fortanix® Inc., a leader in data-first cybersecurity and pioneer of Confidential Computing, today announced that Xeureka Inc., a subsidiary of Mitsui & Co. established to engage in early drug discovery research using a state-of-the-art technology, has successfully leveraged Fortanix and NVIDIA Confidential Computing technologies to significantly improve the accuracy of AI models, and is expected to reduce the time and costs associated with drug discovery.
Read full press release: https://www.fortanix.com/company/pr/2024/08/transform-the-pharmaceutical-development-process-through-confidential-computing-and-ai
Fortanix Adds File System Encryption to Data Security Manager, Bolstering Full-Stack Data Security
Unified Data Security Platform Now Supports Encryption at All Layers: Application, Database, File System and Storage
SANTA CLARA, Calif.,, August 20, 2024
Fortanix® Inc., a leader in data-first cybersecurity and pioneer of Confidential Computing, today announced a major enhancement to its Fortanix Data Security Manager (DSM): File System Encryption. This new feature complements full disk encryption with the ability to protect individual file systems on specified hosts through encryption, governed by granular decryption policies. Available immediately, this addition ensures that Fortanix’s unified data security platform now supports encryption across all layers, including application, database, storage, and file system. Fortanix Data Security Manager thus becomes a comprehensive solution for enterprises, facilitating the reduction of crypto islands within their technology stacks.
Read full press release: https://www.fortanix.com/company/pr/2024/08/adding-file-system-encryption-to-data-security-manager-to-bolster-full-stack-data-security
Fortanix Makes Inc. 5000 List of Fastest-Growing Private Companies for 2024
Company Ranks No. 23 Among Security Companies and No. 1,710 Overall, Reflecting Rapid Growth as a Data Security Leader
SANTA CLARA, Calif., August 13, 2024
Fortanix® Inc., a leader in data-first cybersecurity and pioneer of Confidential Computing, today announced it was included on the 2024 Inc. 5000 list of fastest-growing private companies, coming at No. 1,710 overall and No. 23 among security companies. The annual Inc. 5000 list is a prestigious ranking that provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.
Read full press release: https://www.fortanix.com/company/pr/2024/08/fortanix-makes-inc-5000-list-of-fastest-growing-private-companies-for-2024
Fortanix Launches Industry-First Scanning for On-Premises Data and Authentication Capabilities
New Key Insight Feature Expands the Field of View to Help Enterprises Discover Encryption Keys and Related Services Across Hybrid Multicloud Environments
SANTA CLARA, Calif., July 30, 2024
Fortanix® Inc., a leader in data-first cybersecurity and pioneer of Confidential Computing, announced a major expansion to the Key Insight solution, allowing organizations to discover, assess, and remediate their fragmented cryptographic security risks proactively. Key Insight can now scan on-premises services such as databases, storage, etc., making it the market's first solution to discover encryption keys and data services across hybrid environments, including on-premises. This holistic approach to managing cryptographic risk is critical to organizations that want to protect their data today against emerging threats in a post-quantum computing era.
Read full press release: https://www.fortanix.com/company/pr/2024/07/industry-first-scanning-authentication-capabilities-for-on-premises-data
GiantLeap Capital Invests in Vantage Data Centers
NEW YORK, June 27, 2024 /PRNewswire/ -- GiantLeap Capital, a technology-focused private investment firm that partners with companies developing transformative technologies for critical industries announced today its investment in Vantage Data Centers, a leading global provider of hyperscale data center campuses, to support its growing North America and EMEA platforms.
Vantage owns or controls 25 sites in North America and EMEA totaling more than three gigawatts of expected capacity. As part of the company's investment plan, Vantage's strategic land bank is expected to drive an estimated $30 billion of additional development, extending Vantage's track record of bringing market leading capacity and innovative solutions to customers around the world. In connection with the investment, Vantage will continue its development of next-generation data centers, including energy-efficient and sustainable designs purpose-built for AI and large-scale cloud deployments.
Sunit Patel, Senior Executive Advisor at GiantLeap Capital: "We are excited to work with Vantage as they continue meeting the critical demands of hyperscalers and other leading technology companies."
"We are thrilled to support Vantage at a critical growth inflection point and to help finance one of the most pressing infrastructure needs for hyperscalers," said Himanshu Sekhar and Samir Parikh, co-Founders and Managing Partners at GiantLeap Capital. “GiantLeap and our global network of Executive Partners and Advisors look forward to supporting Vantage and its next stage of growth. Vantage is one of the most important companies globally for cloud and technology platforms and is well positioned to help accelerate adoption of cloud and AI-based technologies."
About GiantLeap Capital
GiantLeap Capital is a tech-focused, structured growth equity investment firm. GiantLeap Capital is focused on leveraging emerging technologies to rapidly scale companies providing mission-critical products and services. The firm takes a long-term, thematic approach to provide value-oriented, flexible capital focused on private markets and opportunistic special situations.
For more information, visit https://www.giantleapcapital.com.
Tarana Harnesses Federated Wireless’s Advanced Automated Frequency Coordination (AFC) for High-Power Fixed Wireless Broadband Operation
ARLINGTON, Va., June 26, 2024 – Federated Wireless, the leader in shared spectrum and private wireless solutions, is thrilled to announce Tarana has become its latest customer. Tarana will leverage Federated Wireless’s newly FCC-certified Automated Frequency Coordination (AFC) system in the 6 GHz band, marking a significant milestone in deploying advanced wireless technologies and superior connectivity solutions.
Transforming Connectivity with Federated Wireless’s AFC Solution
Federated Wireless’s AFC is the first commercially available system of its kind and the company has secured commercial agreements with a number of wireless network equipment providers. This innovative solution accelerates the deployment of standard power and outdoor access points in the 6 GHz band, unlocking new opportunities for Wi-Fi and fixed wireless providers.
The Membrion Water Service Agreement – Redefining What is Possible with Wastewater
Of all the green tech offerings in the marketplace, there is only one that unlocks sustainability with a guaranteed result and a ‘have it your way’ philosophy – the Membrion water service agreement (WSA). It’s a new path, forged to encourage sustainable wastewater solutions and water circularity programs.
What’s the alternative; the path more traveled? That one leads to the dump and is not the path to the future. For industrial wastewater treatment, the Membrion WSA is the path to sustainability through water circularity.
Read full article: https://membrion.com/the-membrion-water-service-agreement-redefining-what-is-possible-with-wastewater/
Federated Wireless Revolutionizes Shared Spectrum Management with the Launch of Adaptive Network Planner
Real-Time Accuracy and Integrated Workflows Offer Preview of CBRS Advanced Capabilities
ARLINGTON, Va., June 6, 2024 – Federated Wireless, the global leader in spectrum management and shared spectrum services, today announced the launch of its groundbreaking Adaptive Network Planner. As part of a new generation of spectrum sharing tools and functionality dubbed CBRS Advanced, this innovative solution is set to redefine the industry standard for adaptive network planning with unparalleled real-time modeling accuracy, integration with spectrum management and business operations workflow systems and 24/7 support.
Read full press release: https://www.federatedwireless.com/news/federated-wireless-revolutionizes-shared-spectrum-management-with-the-launch-of-adaptive-network-planner/