Torch.AI to Support New $75 Million U.S. Department of Defense Program to Modernize Security Clearance Vetting

Chantilly, Va.— May 28, 2019—Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that it has been awarded an Other Transaction Agreement  (OTA) from the Defense Security Service (DSS) and Defense Information Systems Agency (DISA), to support the continued reform and modernization strategy for the National Background Investigation Service (NBIS). The two-year award represents new work for the company and has a potential ceiling value of nearly $75 million.

Under the agreement, Perspecta will work to update and rebuild the Department of Defense (DoD) personnel security vetting and adjudication technology apparatus. The goal of the program is to make the personnel security clearance process faster, scalable and more secure through an innovative delivery model. Specifically, the company plans to leverage commercial-off-the-shelf solutions combined with its advanced data analytics capabilities and expertise in emerging technology areas such as big data, cloud, artificial intelligence and machine learning, to deliver a new, more agile process to support DSS’ rapidly evolving needs.

“Perspecta is a leading DoD mission partner in supporting the development of a trusted workforce model that can meet evolving national security demands and better support the dedicated personnel involved in background investigations and adjudication,” said Mac Curtis, president and chief executive officer of Perspecta. “We applaud DoD’s efforts to drive bold, transformational change in technology and will provide an unmatched combination of proven innovation and intellectual property (IP), scalable agile development/security/operations (DevSecOps) expertise and intimate knowledge of the security clearance vetting process to our DSS customer.”

To deliver the DSS OTA program, Perspecta has partnered with Torch.AI; C3 IoT; Pegasystems, Inc.; CA Technologies (A Broadcom Company); Accenture Federal Services, LLC; Prime Technical Services, Inc.; and Next Tier Concepts, Inc.

Additional information can be found here:  Defense Security Service & Defense Information Systems Agency : Partnering with Industry to Protect National Security

About Torch.AI

Torch.AI is on a mission to enable machine augmented trust at scale. The platform offers rapidly deployable augmented intelligence technologies that use unique data ingestion technologies and advanced techniques to provide an automation and judgement solution within a convenient framework.

Through the lens of network-centric intelligence, variable detection and change are illuminated and displayed in real-time, facilitating opportunities for improved decisioning with outputs needed to measure and optimize performance. With built-in connections for entity search, classification and investigation modules, Torch can quickly and dynamically surface out-of-range variables without manual intervention. Learn more at https://torch.ai.

About Perspecta Inc.

At Perspecta (NYSE: PRSP), we question, we seek and we solve. Perspecta brings a diverse set of capabilities to our U.S. government customers in defense, intelligence, civilian, health care and state and local markets. Our 260+ issued, licensed and pending patents are more than just pieces of paper, they tell the story of our innovation. With offerings in mission services, digital transformation and enterprise operations, our team of 14,000 engineers, analysts, investigators and architects work tirelessly to not only execute the mission, but build and support the backbone that enables it. Perspecta was formed to take on big challenges. We are an engine for growth and success and we enable our customers to build a better nation.


William Beyer Joins Torch.AI’s Board of Directors

LEAWOOD, Kansas—May 17, 2019—Torch.AI today announced that William Beyer, founding partner of Deloitte’s federal practice, has been elected to Torch.AI’s board of directors.

Mr. Beyer brings more than 30 years of direct experience in the Federal marketplace to Torch.AI.  “Bill is widely regarded as one of the most effective professionals in the Federal arena, especially within the National Security and the Intelligence Communities,” said Brian Weaver, Chairman of the Board.  “He is already engaged with our teams in both D.C. and Kansas City to continue to evolve how we select and support key mission areas.”

Before joining Torch.AI, Mr. Beyer was one of four partners to establish Deloitte’s Federal consulting practice which today boasts more than $3 billion in annual revenue. He was responsible for clients across both the civilian and defense landscape.  Bill personally led the top 12 strategic accounts for the firm.  In his most recent role, he led the Deloitte’s West Coast innovation group and established Deloitte’s Space practice. In just the past year Bill has been interviewed by Fed Radio, Politico, and ABC for his insights on Space and innovation.

Bill brings expertise in scaling enterprises in professional services and technology.  Prior to Deloitte, he led the Federal Health practice at Booz, Allen and Hamilton, growing the unit into the largest professional services practice for that sector in the world.  He sat on the UN’s Council for Aids Relief in Geneva and worked with top global health organizations and countries to combat epidemics across the globe.

Early on, his entrepreneurial talents became evident when Bill led Xerox Corporation’s entry into China, establishing a robust base of operations in the emerging economy.  He lived in Shanghai and served as General Manager and Director of China Operations responsible for all aspects of sales, service and manufacturing.  Bill was the youngest senior manager in the company’s history.  In less than two years, Xerox became the largest document management company in the continent.

“I am excited to be joining the board of a company that is squarely on the forefront of evolution through AI.  Many companies talk a big game and label themselves as AI firms.  Torch has done what most dream of, actually implementing mission critical solutions across the commercial and Federal landscape”, said Mr. Beyer. “Brian Weaver is a true entrepreneur with a unique creative spirit. He leads with consistency of execution, focus and vision.   It’s a privilege to work with him and Torch.AI to protect our homeland and furthering the use of software and data to help humanity, the enterprise, our world.”

 

Torch.AI is currently on a hiring spree, adding additional team members in both Kansas City and in a new Washington, D.C. office near Dupont Circle to better serve public sector clientele.

 

About Torch.AI

Torch.AI is on a mission to enable machine augmented trust at scale. The platform offers rapidly deployable augmented intelligence technologies that use unique data ingestion technologies and advanced techniques to provide an automation and judgement solution within a convenient framework.

Through the lens of network centric intelligence, variable detection and change are illuminated and displayed in real-time, facilitating opportunities for improved decisioning with outputs needed to measure and optimize performance. With built-in connections for entity search, classification and investigation modules, Torch can quickly and dynamically surface out-of-range variables without manual intervention. Learn more at https://torch.ai.


Torch.AI CEO Delivers Commencement for Northwest 2019 Graduating Class

Torch.AI CEO Delivers Commencement for 2019 Graduating Class, Northwest celebrates connections, bachelor’s degree candidates.

Leaders and alumni of Northwest Missouri State University emphasized the value of connections Saturday as the institution celebrated its newest graduates and put a stamp on its 2018-19 academic year.

Noting its network of more than 70,000 alumni throughout the world, Northwest President Dr. John Jasinski said the graduates represent a long and proud tradition of excellence at the University. He challenged them to use their network and stay connected while bettering the communities in which they live and work.

“Your diploma is testament,” Jasinski said. “It is testament to you committing to live your life as an educated person. Our society needs you now more than ever. Go forth and make Northwest proud as you contribute to the societal good. Go lead the Bearcat way.”

Brian Weaver, a 1995 Northwest alumnus, delivered the day’s commencement addresses. Weaver is chief executive officer of Torch.AI, a Leawood, Kansas, company that helps organizations leverage artificial intelligence through a proprietary enterprise data management software solution.

Read more here.


Eric McGrane Torch AI

Eric McGrane Joins as National Security Sector Leader, Heads DC Office

Torch.AI announced today that Eric McGrane has joined the executive team as the firm’s new National Security Sector Lead.  Since the award of the U.S. Department of Defense National Background Investigation System, demands from the Federal marketplace have risen dramatically.  McGrane’s role will be growth oriented with a mission to mature specialized federal offerings and further enhance the partner ecosystem.

“Eric is one of those special humans.  I’m so very excited for our clients to be able to enjoy Eric’s wisdom, passion and unique problem solving skills.  Torch.AI is a very mission focused firm and Eric is ideally suited to help propel the company forward as we focus on tackling tough problems for our country,” said Brian Weaver, founder and CEO.  “McGrane has already begun working closely with the team to identify strategic paths in order to meet the needs of a growing federal customer base.”

Before joining Torch.AI, Mr. McGrane served as Client Executive for Perspecta.  He was responsible for clients in the Intelligence Community and Department of Defense for the U.S. Public Sector, including the development of new solutioning as well as the orchestration and execution of the company’s strategic growth vision. Mr. McGrane brings more than 14 years of direct experience in the federal marketplace to Torch.AI.

“I wanted to be on team Torch after seeing the platform and the people bringing solutions to the federal government. The culture and the speed at which value is delivered is truly a discriminator in the market”, said Eric. “Torch solves problems for their clients at a speed I’ve never seen in the federal space.  It’s this immediate return on investment for our customers that excites me the most.”

 

Torch.AI is currently on a hiring spree, adding additional team members in both Kansas City and in a new Washington, D.C. office near Dupont Circle to better serve public sector clientele.


Torch.AI Featured in Forbes Magazine for New Encapsulation Technology

Forbes – Trick-Or-Treat: 13 Blockchain Companies By Industry That Will Have Your Cauldrons Bubbling For 2019

As Halloween approaches, there are some chilling blockchain projects out there that you will want to keep your tech cauldrons brewing for. But don’t worry, none of them involve the Sanderson Sisters returning to suck the life force out of these projects.

I’ve cracked the spells of 13 different companies across various industries and how they are using their technological magic for the public good. So, take your broomsticks and fly with me on a trip into these hauntingly beautiful projects.

Rossow, A. (2018). Trick-or-treat: 13 blockchain companies by industry that will have your cauldrons bubbling for 2019. Forbes.


Torch.AI to Support $49 Million Program with U.S. Department of Defense

Chantilly, Va.— August 7, 2018—Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, announced today that its subsidiary, Enterprise Services LLC, has been awarded an agreement to support the Defense Information Systems Agency’s (DISA) National Background Investigation Services (NBIS) Investigation Management program. The award, which represents new work for the company has a value of $49 million. Work on the program began in June and will conclude after 18 months.

The award was made possible via a prototype project sub-agreement through an Other Transaction Agreement (OTA) with Consortium Management Group (CMG) on behalf of Consortium for Command, Control and Communications in Cyberspace (C5).

On the agreement, Perspecta will deliver a government-wide information technology system that will support suitability, security and credentialing (SSC) investigations for all federal employees. The standardized investigative platform will be scalable, highly configurable and will integrate multiple systems and agencies. Designed to improve the investigative process with a streamlined case management system, the platform will provide enhanced visibility into investigative data and give field investigators a robust suite of collaboration and investigative tools to support their mission.

“Determining an individual’s trustworthiness to have access to U.S. government facilities, information systems and data is one of the key focus areas of Perspecta’s analytics program,” said Mac Curtis, president and CEO of Perspecta. “That is why we have brought together the best and brightest team of industry experts in case and content management, national security, clearance processing and data analytics to support this critical DISA program, and provide our government customers with the highest degree of assurance and security.”

Perspecta is the nation’s largest provider of background investigative services and offers a full suite of investigative services to help government organizations identity, investigate and mitigate risk. To deliver the NBIS program, Perspecta has partnered with Torch Research (Torch.AI), Accenture Federal Services, Pegasystems, Next Tier Concepts and CA Technologies.

About Torch.AI

Torch.AI is on a mission to enable machine augmented trust at scale. The platform offers rapidly deployable augmented intelligence technologies that uses advanced techniques to provide an automation and judgement solution within a convenient framework.

Through the lens of network centric intelligence, variable detection and change are illuminated and displayed in real-time, facilitating opportunities for improved decisioning with outputs needed to measure and optimize performance. With built-in connections for entity search, classification and investigation modules, Torch can quickly and dynamically surface out-of-range variables without manual intervention. Learn more at https://torch.ai.

About Perspecta Inc.

At Perspecta (NYSE: PRSP), we question, we seek and we solve. Perspecta brings a diverse set of capabilities to our U.S. government customers in defense, intelligence, civilian, health care and state and local markets. Our 260+ issued, licensed and pending patents are more than just pieces of paper, they tell the story of our innovation. With offerings in mission services, digital transformation and enterprise operations, our team of 14,000 engineers, analysts, investigators and architects work tirelessly to not only execute the mission, but build and support the backbone that enables it. Perspecta was formed to take on big challenges. We are an engine for growth and success and we enable our customers to build a better nation.  For more information about Perspecta, visit perspecta.com.

About CMG

The mission of Consortium Management Group, Inc. on behalf of Consortium for Command, Control, and Communications in Cyberspace (C5) is to speed development of technologies to improve U.S. Government capabilities required to sustain U.S. military supremacy in weapon systems information technologies.

For more information on CMG and its uniquely rapid, cost-effective and collaborative acquisition vehicle for companies, nonprofits and academic organizations seeking to do business with the Federal Government, contact Mary Reinecke at mary@cmgcorp.org, 202-466-4211.