Congratulations to Dora Johnson, Senior Facility Security Officer, on winning the October Team Member Spotlight! Dora recently submitted several key security control documents and continues to go above and beyond in securing security clearances, enabling us to continue to do classified work with our defense customers.
Raven Industries (NASDAQ:RAVN) has acquired intellectual property (IP) and patents from Loon, LLC (formerly known as Project Loon), a subsidiary of Alphabet Inc. and the developer of an autonomous constellation of high-altitude balloons for communications. In January, Alphabet announced the wind down of Loon. The 176 assets acquired by Raven are directly related to stratospheric balloon technology, including balloon navigation, launching operations and balloon manufacturing.
Raven Industries (NASDAQ:RAVN) monitored major active wildfires via stratospheric balloon over the past several months, successfully demonstrating the use of stratospheric balloon technology for wildfire management.
At a special meeting held on September 15, 2021, Raven Industries (NASDQ:RAVN) shareholders voted strongly to approve the pending transaction with CNH Industrial N.V. (NYSE: CNHI / MI: CNHI). More than 71% of the outstanding shares of Raven voted, and of the shares that voted, over 99% voted in favor of the transaction with CNH Industrial.
This summer, 62 interns worked at Raven, making up one of the largest intern classes in company history. Raven’s robust internship program gives students a chance to make meaningful impacts on our technologies and our culture in a welcoming environment. Read more about the successful summer.
Raven Industries has been honored by Great Place to Work® and Fortune magazine as one of the 2021 Best Workplaces in Manufacturing & Production™.