Security at sea: Rheinmetall’s MASS naval countermeasures system

Ever since 2002, Rheinmetall’s versatile Multi Ammunition Softkill System (MASS) has been reliably protecting naval vessels of numerous navies from a wide array of threats on the high seas and in coastal waters alike. The fully automated MASS decoy system offers a unique degree of protection against modern, sensor-guided missiles, covering all relevant wavelengths of the electromagnetic spectrum. MASS can be installed on any type of vessel. Moreover, it can be integrated into an existing combat management system (CMS) or operate as a standalone system. Ordinarily, MASS consists of between one and six trainable launchers. Each launcher can fire 32 Omni Trap special effect charges. Each launcher comes with a control unit and a data interface.

Rheinmetall has steadily expanded its family of MASS ship protection systems. At IDEX 2019 the Düsseldorf, Germany-based specialist for security and mobility is showcasing two variants of this tried-and-tested decoy launcher system: the MASS_OCR with off-board corner reflector and the new standalone version MASS_ISS with Integrated Sensor Suite for units that lack an independent capability for detecting laser and radar threats, etc.

The MASS_OCR version features special deception and diversion capabilities. Each launcher is armed with two off-board corner rockets that produce ship-like radar signatures. Programmed for a range of between 35 and 850 metres, the effects they produce last for over 60 seconds.

Developed especially for vessels without organic shipboard reconnaissance systems, Rheinmetall’s MASS_ISS with Integrated Sensor Suite is a standalone system with an integrated sensor suite. Forming an integral part of the MASS_ISS system complex, the REKa-50, which stands for "Rheinmetall ESM Ka-Band", assures reliable detection and effective engagement of threats in the millimetre wave radar frequency range. Moreover, Rheinmetall is a one-stop-shop supplier here, producing the decoy systems, the decoy munitions as well as providing and integrating the sensors. The number of launchers is scalable. All of them are linked together and controlled by Rheinmetall’s firing algorithms.

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Rheinmetall’s Argus soldier system sets the standard for technological compatibility and crystal-clear situational awareness

Rheinmetall is ushering in a new era of heightened battlefield awareness with the Argus soldier system, a portable communication unit that is as lightweight as it is rugged. The system, worn by individual soldiers on the ground, ensures connectivity between them, platoon-level combat units, and commanders using a central network. Its compatibility with both LTE networks and Android devices makes it extremely adaptable and versatile in diverse field situations.

A highly adaptable technology
Rheinmetall Argus soldier system is network-agnostic, resulting in increased uptime and the ability to integrate with any modern military radio. Specifically, its ability to connect to LTE networks allows for a much larger communication radius: LTE service is available all over the world and lets users exchange information over an extremely broad range, overcoming the strict geographical limitations of traditional radio.

Because Argus can also be used on any Android device, this technology is essentially universal: clients are no longer limited to TUIs to get the job done. It also creates the opportunity for easy integration in other sectors, such as security.

For the time being, Argus‘ main focus is to provide platoon-level soldiers with the most effective tool possible for receiving mission-critical operational information. However, its forward-looking open architecture framework means that it will be able to run new applications in future; current add-ons include laser rangefinders, shot detectors, GPS, UGVs, UAVs, counter-UAV systems, etc.

When it comes to unmanned ground vehicles (UGV), Argus can easily indicate route planning or waypoint identification. It can also task the UGV to convert to follow-me or convoy mode. Moreover, its access to live video feeds from integrated cameras ensures enhanced visualization on the ground.

Unparalleled situational awareness
When time is of the essence and precision can save lives, the Argus soldier system is the key to streamlined decision-making and crystal-clear situational awareness. Argus‘ ability to paint a real-time picture of friendly and enemy positions, obstacles, and essential coordinates can help advance operations, diminish loss of life, and expedite the decision-making process like never before.

This ultra-portable technology allows for tactical information to be shared in real time. The live map display also pinpoints terrain obstacles and similar potential hazards. With all of this data disseminated via a common network and laid out clearly on the display, the entire chain of command can access the exact same information. At any point, this data can be updated as new information is acquired.

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Dank Sicherheitslücken: 620 Millionen Zugangsdaten im Darknet

Zugangsdaten für 16 beliebte Online-Dienste stehen über den Darknet-Marktplatz Dream Market zum Verkauf. Nach Angaben des Verkäufers wurden die Daten bei Hacking-Angriffen gestohlen, die über Sicherheitslücken in Web-Apps möglich waren.

Für weniger als 20.000 Dollar in Bitcoin werden die Zugangsdaten angeboten. Betroffen sind unter anderem Benutzerkonten für Dubsmash (162 Millionen), MyHeritage (92 Millionen) und Armor Games (11 Millionen). Die Sammlungen enthalten in der Regel Benutzernamen, E-Mail-Adressen und Passwörter, teilweise aber auch Standortdaten oder persönliche Details. Die Passwörter sind zwar verschlüsselt, können zum Teil aber mit wenig Aufwand geknackt werden.

Zielgruppe für den Verkauf der Daten sind Spammer und Credential Stuffers, die geleakte Benutzernamen und Passwörter für eine Webseite auf vielen anderen Webseiten ausprobieren – in der Hoffnung, dass die Benutzer ihre Kennwörter mehrfach verwenden.

Beim Verkäufer handelt es sich mutmaßlich um einen Hacker, der nach eigenen Aussagen Sicherheitslücken in Web-Apps ausnutzte, um per Fernzugriff (Remote Code Execution) an die Zugangsdaten zu gelangen.

Fälle von gestohlenen Zugangsdaten sind längst keine Seltenheit mehr. Und immer wieder sind es Sicherheitslücken, die Angreifern Zugang zu sensiblen Daten ermöglichen. Wer seine Web-Applikationen schützen will, muss Sicherheitslücken finden und schließen, bevor Hacker sie ausnutzen können. Möglich ist das nur mit einem professionellen und zuverlässigen Vulnerability Management.

Das 8com Cyber Defense Center durchsucht Web-Applikationen kontinuierlich nach gefährlichen Sicherheitslücken, die Angreifern Zugriff auf interne Systeme erlauben. Das Vulnerability Management von 8com geht dabei über klassische Scans hinaus: Remote Code Execution, SQL Injections und Cross-Site Scripting sind nur einige der Sicherheitsrisiken, die unsere Security-Experten zuverlässig aufspüren und beseitigen. Seit über 15 Jahren unterstützen wir unsere Kunden dabei, ihre IT-Systeme so sicher wie möglich zu machen.

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LiSS Firewall-Systems – European Concept without Backdoor

LiSS appliances combine essential security functions in a single device. Sensitive corporate networks are optimally protected from viruses, hackers, unwanted email and web content.

– Multi-level firewall
– Stateful inspection
– Intrusion detection
– Virus scanner
– VPN router
– SPAM- and web content filtering
– Https filter

The modular system provides customized solutions consisting of an optimal hardware platform and need-based compilation of functions. One VPN module is included in the security appliances by default. High availability can be achieved by combining two devices in failover mode. For higher requirement of performance and reliability, there is the possibility of clustering.

LiSS industrial series was developed specifically with application in the industrial environment in mind. The compact system works reliably in temperatures ranging from -40°C to 70°C. Through integrating optional mobile capabilities 3G/UMTS and 4G/LTE and a power supply ranging from 12 to 48 VDC self-contained operation is possible.

http://www.lantechcom.eu/

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4 Termine, 3 Experten, 2 Standorte, 1 Thema: Sichere IT-Infrastruktur für die Industrie

Gemeinsam mit ELCO, der IS4IT GmbH und CyDis GmbH organisiert die IS4IT Kritis vier Wissen X4-Workshops, in dem Security-Experten erläutern, was insbesondere mittelständische Unternehmen tun können, um ihre IT-Infrastruktur noch besser zu schützen. Dabei wird liegt ein spezieller Fokus auf IT-Security im industriellen Umfeld, wo aufgrund der Digitalisierung durch Industrie 4.0 ein besonderer Schutz- und Sicherheitsbedarf besteht.

Die Workshops finden jeweils am Standort der ELCO Industrie Automation GmbH statt, die für umfassende Industrie-Automatisierung steht. Das Unternehmen bietet Lösungen von der Datenerhebung mit eigenen Produkten aus dem Bereich Automation über die Datenvernetzung mit IoT-Hardware, Datensammlung im IoT-Hub bis zur Datenvisualisierung in Form von Industrie-Apps. Das Bewusstsein für IT-Sicherheit ist bei ELCO besonders groß: Aufgrund internetfähiger Geräte, Fahrzeugsensoren bis hin zu Haushaltsgeräten nehmen im Internet der Dinge (IoT) die Risiken immer mehr zu. Dieses Bewusstsein möchte man auch bei den eigenen Kunden durch die Wissen X4-Workshops schärfen.

Die Experten gehen bei der Veranstaltung darauf ein, wie man Security-Defizite im eigenen Unternehmen bewerten kann – Stichwort Cyber Scoring – und wie man diese lokalisiert. Ebenfalls wird vorgestellt, wie die notwendigen Maßnahmen – trotz kaum verfügbarer Security-Expertise – wirtschaftlich und effizient umgesetzt werden können. Im Anschluss an die Präsentationen können unternehmensspezifische Fragen geklärt werden.

Organisatorisches

13. oder 14.03.2019 Oberestenfeld bei Stuttgart (Benzstraße 7, 71720 Oberstenfeld)
27. oder 28.03.2019 Dresden (Königsbrücker Straße 124, 01099 Dresden)

Beginn jeweils 16:30 Uhr

Die Teilnahme ist kostenlos, jedoch auf 15 Personen pro Termin beschränkt.

Agenda & Anmeldung online unter www.is4it.de/wissenx4-kritis

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All for One Steeb AG – Strategieoffensive 2022 planmäßig gestartet / Quartalsmitteilung zu den 3-Monatszahlen veröffentlicht

Die All for One Steeb AG, führendes IT- und Beratungshaus und gefragter Digitalisierungspartner im Mittelstand, hat am 7. Februar 2019 planmäßig ihre (ungeprüfte) Quartalsmitteilung zu den 3-Monatszahlen für den Zeitraum vom 1. Oktober bis zum 31. Dezember 2018 veröffentlicht.

Um in ganz neue Dimensionen vorzustoßen und im Geschäftsjahr 2022/23 Umsätze zwischen 550 Mio. und 600 Mio. EUR mit einer EBIT-Marge von über 7% zu erzielen, hat die All for One Steeb AG Mitte November 2018 ihre Strategieoffensive 2022 gestartet. So soll der Mittelstand im deutschsprachigen Raum fokussiert digitalisiert und die Wettbewerbsfähigkeit der Kunden gesteigert werden. Ganz oben auf der Agenda steht die richtige Besetzung von Innovations- und Wachstumsfeldern rund um SAP S/4HANA als »Digital Core«.

Mit ergänzenden Cloud-Lösungen für Fachbereiche, für Security und Compliance, New Work (Microsoft), Machine Learning und IoT will All for One Steeb den Markzugang in Richtung gehobener Mittelstand erweitern. Im deutschsprachigen SAP-Mittelstandsmarkt sehen Marktbeobachter das IT- und Beratungshaus heute bereits als Nr. 1 mit der größten Kundenbasis. Erst unlängst wurde die All for One Steeb Tochter B4B Solutions als »Best Performing Partner« mit einem SAP Partner Excellence Award 2019 ausgezeichnet.

Genauso stark und marktpräsent will All for One Steeb zukünftig auch bei den »Non ERP Themen« werden, etwa im HR Bereich. So wurden zum 1. Januar 2019 alle Anteile an der TalentChamp Consulting GmbH, Wien/Österreich, übernommen. Das Unternehmen gilt als ausgewiesener Cloud-Spezialist mit langjähriger SAP SuccessFactors Expertise und sehr guten Referenzen im gehobenen Mittelstand und passt daher auch hier perfekt in die Roadmap. Dazu gehört auch, dass sich All for One Steeb zukünftig verstärkt als ganzheitlich integrierte Gruppe positionieren und eine neue Markenarchitektur einführen will.

Die bevorstehende Hauptversammlung der Gesellschaft am 13. März 2019 soll über die Umfirmierung der All for One Steeb AG in All for One Group AG entscheiden.

Online

https://ir.all-for-one.com/de/finanznachrichten-und-berichte/finanznachrichten/quartalsmitteilung-zu-den-3-monatszahlen-veroffentlicht

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Simply Mobilize Smartcards in the Office and on the Road – using the New AirID Generation

Smartcards have been recognised for security and protection for many years. For mobile devices the use was a bit bulky – with AirID smartcards can be used wirelessly for mobile devices. Perfect protection with optimum user-friendliness.

certgate GmbH, one of the leading providers of secure mobile communication solutions, has already delivered the new, second generation of the wireless, highly secure smart card reader AirID to selected customers in December 2018 and has now announced the general availability for all customers.

AirID is the optimal 2-factor authentication solution for the mobile workplace. By using a traditional smart card, AirID can easily and securely mobilize virtually any application and device, such as laptops, tablets and smartphones, into existing infrastructures and without having to modify the smart card infrastructure.

The new AirID generation has been completely improved inside & out. The internal processor has been updated, the Bluetooth connection (BLE 4.2) is considerably faster and more secure. The extended smartcard support now supports all smartcards, including international PIV and CAC cards.

Due to the special design it doesn’t matter on which side or orientation (portrait or landscape) the smartcard was printed. This ensures that the existing photo identification function of the smartcard is completely retained.

Unique is the additional transparent "bumper", which protects the housing from damage by small impacts or falling down. The flexible bumper also enables the AirID to be attached in portrait or landscape orientation.

The AirID combines the perfect hardware-based security with very high user friendliness and additionally automatic locking of devices. Simply leave the smartcard with AirID in your pocket, on your JoJo or lanyard and use the applications safely. If the user moves away from the workstation or device, the applications or device are automatically locked.

More information, including a 60-second video for overview and function is available at www.airid.de

 

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SPECTRAMI als Aussteller bei den StrategieTagen IT Security im Schloss Bensberg

Das Thema IT-Sicherheit wird für Unternehmen immer wichtiger. Denn wenn Cyberangriffe das Geschäft schädigen, muss dringend etwas unternommen werden. Was genau CIOs & Co. tun können, erfahren sie auf den StrategieTagen IT Security auf Schloss Bensberg am 12. und 13. Februar 2019. Als Aussteller mit dabei ist in diesem Jahr auch SPECTRAMI, das seine Lösungen aus den Bereichen Advanced Defense und Realizing Compliance präsentiert.

Zwei Tage rund um IT Security

Über 150 Führungskräfte der IT-Sicherheit diskutieren auf den StrategieTagen im Grandhotel Schloss Bensberg über aktuelle Themen in den Bereichen Data Security, Compliance, IT-Grundschutz und IT Security Management. Dienstleister und Anwender haben dann die Möglichkeit, sich in Vorträgen, Seminaren und Dialoggesprächen über die neuesten Entwicklungen und Trends in der Content Security, im IT Risk Management und in der IT Governance auszutauschen. Daneben zeigen namhafte Firmen mit Best Practices, wie sie die Herausforderungen einer wirksamen IT Security meistern.

Teilnehmern bietet sich an den StrategieTagen außerdem die Gelegenheit, passende Tools für ihr IT Security Management zu finden und sich darüber zu informieren, wie sie dieses effizienter gestalten können.

SPECTRAMI präsentiert Sicherheitslösungen

SPECTRAMI, global agierender Value-Added-Distributor mit Vendor Extension Model (VEM), nutzt die StrategieTage IT Security, um seine Lösungen aus den Bereichen Advanced Defense und Realizing Compliance vorzustellen.

Zu ersterem gehören eine Deception Technology für das frühzeitige Erkennen von Gefahren, eine Plattform zur Automatisierung und Orchestrierung der Sicherheitsmaßnahmen sowie Lösungen zur Identitätssicherung. Daneben präsentiert SPECTRAMI auch eine Selbstschutzsoftware, die Ihnen hilft, automatisch Schwächen in Ihren Anwendungen zu finden und zu beheben sowie Angriffe zu identifizieren und sich gegen diese zu wehren.

Um Compliance-Vorgaben zu realisieren, bietet SPECTRAMI auf der anderen Seite Lösungen zur Automatisierung des Schutzes und des Monitorings sensibler Daten, zur Datenklassifizierung sowie ein DSGVO-konformes Informationsmanagement. Zusätzlich außerdem Cyber Exposure Management und Vulnerability Bewertungen sowie Lösungen für mehr Passwortsicherheit.

Jetzt zu den StrategieTagen anmelden

Die StrategieTage IT Security finden am 12. und 13. Februar 2019 im Grandhotel Schloss Bensberg in der Nähe von Köln statt. Nutzen Sie die Gelegenheit, um sich dort genauer über die Lösungen von SPECTRAMI zu informieren.

Mehr zum Event finden Sie unter https://www.businessfactors.de/de/conferences/it-security/.

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Frankfurter Entwicklertag 2019: Agilität, Microservice-Architekturen, Big Data und Co.

Agilität auch jenseits eines Entwicklerteams, Best Practices im Umfeld von Microservice-Architekturen und die Verarbeitung großer Datenmengen – das sind drei der Themen des bevorstehenden Frankfurter Entwicklertages. Erstmalig beginnt die Konferenz mit dem Tutorial Day am Mittwoch, den 20. Februar. Am Vormittag stehen zwei Tutorials zur Wahl, „React für Einsteiger“ und „Sichere reaktive Webanwendungen mit Spring Security 5.1 (Hands-On Workshop)“. Als komplettes Novum ist der Nachmittag reserviert für einen „Open Space“. Bei diesem offenen Format können alle Teilnehmenden ein Thema oder Anliegen einbringen, das ihnen besonders wichtig ist und über das sie gerne diskutieren möchten.

Als klassischer Konferenztag mit hoch aktuellen Themen präsentiert sich der Conference Day am darauffolgenden Donnerstag, den 21. Februar. Besondere Höhepunkte sind hier die Opening Session „Gaze-based interaction with autonomous systems“ von Prof. Dr. Enkelejda Kasneci und die Keynote „Schnelle Hacks für Deine Kommunikation“ von Veronika Kotrba und Dr. Ralph Miarka.

Sessions zur Agilität befassen sich beispielsweise mit dem Profil des Quality Engineers oder der Industrialisierung der Agilität. Zu Big Data gibt es unter anderem eine Einführung in Stream Processing und „Data Science und Microservices: Architekturentscheidungen auf dem Weg zur flexiblen und schnellen Datenanalyse“. „Container vs. Serverless“ und „Eventsourcing – Sie machen es wahrscheinlich falsch“ sind zwei der Sessions aus dem Track „Microservices und Cloud“.

Noch stehen einige wenige Tickets zur Verfügung. Der Frankfurter Entwicklertag ist eine Konferenz für Software Engineering in der Rhein-Main-Region, die 2019 zum sechsten Mal stattfindet. Kernthemen waren und sind die Leidenschaft für das Software Engineering und agile Methoden. Besonders beliebt bei den Teilnehmenden ist die ganz eigene Entwicklertags-Atmosphäre mit vielfältigen Möglichkeiten zum persönlichen Austausch.

Die Daten:

Frankfurter Entwicklertag – 20. – 21. Februar 2019 – Universität Frankfurt– Campus Westend.

Das komplette Programm sowie das Online-Anmeldeformular mit den Preisen und sonstigen Informationen finden Sie auf der Webseite des Frankfurter Entwicklertages 2019:

https://entwicklertag.de/…

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Uranium Energy Corp Outlines Development Plans in Preparation for the Mid-2019 U.S. Government National Security Action on Uranium Imports

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC” – http://www.commodity-tv.net/c/search_adv/?v=298360) is pleased to provide the following letter to its shareholders from President and CEO, Amir Adnani.

Dear Shareholders,

2019 is lining up to be among the most eventful years in UEC’s 14-year history. The fundamental improvements in the uranium market appear likely to continue, following last year’s increase in the spot price to $29/lb. Additionally, the U.S. Government’s probe into foreign imports impacting domestic nuclear fuel cycle capabilities could be significant for the Company by accelerating demand for U.S. mined uranium.

With 98 operating reactors, the U.S. has the largest nuclear fleet in the world with annual requirements of about 45 million pounds of uranium per year.  In contrast, U.S. mines are projected to produce less than 400,000 pounds in 2019, not enough for even one reactor. 

The U.S. Government has launched an investigation into this over-dependence on foreign uranium as a national security matter and a final decision to enact U.S. quotas or other possible remedies is expected by mid-2019.  The potential for quotas would require a meaningful portion of U.S. demand to be supplied by domestic production, which could yield a premium for U.S. mined uranium. Fortunately, and as reported by the U.S. Geological Survey, there are abundant uranium resources that can be developed in states such as Wyoming and Texas.

In this context, we are prioritizing the advancement of our fully permitted Reno Creek ISR Project in Wyoming and development drilling at our Burke Hollow ISR Project in South Texas.  UEC has a potential U.S. production profile of 4 million pounds per year.  Reno Creek is permitted at 2 million pounds per year and our Hobson processing facility, the hub of our South Texas operations, has a capacity of 2 million pounds per year. UEC is ideally positioned to be part of an overall solution to promote growth in U.S. uranium mining with our environmentally friendly and low-cost in-situ recovery (ISR) projects.

Burke Hollow ISR Project – Advancing Development

UEC has made final preparations for the drilling and installation of monitoring wells at the proposed Production Area Authorization One (“PAA-1”) at the Burke Hollow ISR Project in Bee County, Texas. 

The Company has selected drilling and heavy equipment contractors with start-up planned for the beginning of March.  Initial plans include drilling approximately 20 holes to delineate several lightly-drilled areas for optimum monitor well ring design. The drill rigs will shift to drilling and installation of 120 monitor wells upon completion of the delineation holes. 

In 2013, UEC discovered uranium ore trends at the Burke Hollow Project, one of the only new discoveries in the U.S. over the past decade.  Resources at the project have increased with every drilling campaign, resulting in the delineation of a major uranium orebody which extends over 5 miles along its trend length.  To date, a 2.4-mile long mineralized trend has been defined, which will constitute the initial Production Area at Burke Hollow.  A large monitor well ring will encompass the proposed PAA-1, in accordance with regulatory requirements from the Texas Commission on Environmental Quality (“TCEQ”). 

Reno Creek Advancement – Largest Permitted, Undeveloped ISR Project in the U.S.

UEC is directing an independent Preliminary Feasibility Study (“PFS”) for its Reno Creek ISR project in order to expedite upcoming construction in advancing the project towards production.  The study will be accomplished in accordance with National Instrument 43-101 (“NI 43-101”) and its related guidelines and will be based on the recently updated NI 43-101 Resource Report announced in our January 15, 2019 press release.  That report estimates a Measured and Indicated mineral resource of 26 million pounds of uranium (“U3O8”) at a weighted average grade of 0.041% U3O8 contained within 32 million tons and an Inferred mineral resource of 1.49 million pounds U3O8 at a weighted average grade of 0.039% U3O8 contained within 1.92 million tons.*

The PFS will incorporate design criteria provided with UEC expertise and will be reviewed and supplemented with preliminary designs and cost estimates for project components from a qualified consulting engineering firm.

Uranium Market Improvement

Fundamentals in the uranium market are continuing to improve as we have reported over the last two years. One of the primary drivers has been the market price remaining below most producer’s production costs.  While prices have strengthened, this disequilibrium persists and is likely to continue being a strong driver supporting much higher prices. A direct result of this factor has been significant production cuts, resulting in more than 30 million pounds of annual production removed from the market since 2016.

In 2018, spot uranium prices rose about 20% year over year and more than 40% from last April.  Record transaction volume of more than 88 million pounds was reported in the spot market, almost 60% percent greater than the previous record established in 2011.  Producer buying has tripled since 2017 and the investment community has re-entered the market, taking large blocks of material out of circulation, enhancing the already bullish supply-demand picture. 

Global nuclear energy generation in 2018 returned to pre-Fukushima levels.  Meanwhile, long-term contracting by utilities remained suppressed, reaching a six-year low in 2018. This adds to the tightening demand coil that should be released as older term contracts roll out of supplier and utility portfolios and inventory is drawn down.  All these factors coupled with growing global demand bodes well for continued rebalancing and price appreciation in the uranium markets.

Government Investigation on National Security Impacts of Imported Uranium

For U.S. producers, uranium demand from U.S. utilities may become more robust as an outcome of the current national security investigation on uranium. This action was initiated as a result of the extreme dependency of the U.S. on imported uranium, with 2019 anticipated to show U.S. production at less than 1% of the nation’s reactor requirements.  The investigation is expected to result in a decision from the U.S. Government by mid-2019.  While no definitive outcome is clear at this point, a premium for U.S. mined uranium could easily evolve.

UEC remains actively engaged in industry discussions regarding the investigation and we will continue our efforts on Capitol Hill to revitalize the industry.  We meet regularly with bipartisan members of Congress, Committees, the White House and various government agencies to discuss matters relating to the U.S. uranium industry.  Several members of our senior management team are involved with this effort, including our Chairman, Spencer Abraham, former Secretary of Energy in the George W. Bush Administration.  Secretary Abraham wrote an Op-Ed article this past year published by USA Today, outlining the national security necessity for a strong domestic industry. This insightful article may be accessed at https://usat.ly/2PQfx3K.

Corporate Development Portfolio

A pillar of our three-prong strategy during the extended bear market in uranium has been to make accretive acquisitions.  As a result, the Company controls a pipeline of Resource and Preliminary Economic Assessment-stage projects in Arizona, Colorado, and Paraguay.*

In 2018, UEC was instrumental in the launch of Uranium Royalty Corp (“URC”) and is the largest shareholder, owning ~34% of this company. URC is the largest investor and a strategic partner of Yellow Cake PLC listed in London.  URC is working towards an IPO in 2019 and is seeking to emulate, with uranium, the very successful royalty and streaming business model that has emerged in the base and precious metals sectors.

The UEC portfolio also includes the Alto Parana Titanium Project in Paraguay, one of the highest-grade and largest undeveloped Ferro-Titanium deposits in the world (total Inferred resource has been estimated at 4.94 billion tonnes grading 7.41% titanium oxide and 23.6% iron oxide at a 6% TiO2 cut-off).*  While we are prioritizing capital expenditures for U.S. projects in the first half of 2019, we are also in planning phases to commission a new Preliminary Economic Assessment at Alto Parana as part of our monetization strategy.

As the year unfolds, we will provide additional perspective once the decisions associated with the U.S. Government’s investigation have been made. When the U.S. industry begins to ramp-up, it will need quality people, infrastructure, resources and permits, the four key ingredients that UEC already has in place. 

We appreciate your ongoing support of our long-term business strategy to become the leading U.S. uranium producer.  Please feel free to reach our Investor Relations department at 1-866-748-1030 or info@uraniumenergy.com with any questions or comments that you might have as the year develops. Visit our website at UraniumEnergy.com and follow us on Twitter @UraniumEnergy to keep current on all our activities.

Yours truly,

“Amir Adnani”

President & CEO

About Uranium Energy Corp

Uranium Energy Corp (UEC) is a U.S.-based uranium mining and exploration company.  In South Texas, the Company’s hub-and-spoke operations are anchored by the fully-licensed Hobson Processing Facility which is central to the Palangana, Burke Hollow and Goliad ISR projects.  In Wyoming, UEC controls the Reno Creek project which is the largest permitted, pre-construction ISR uranium project in the U.S.  Additionally, the Company controls a pipeline of uranium projects in Arizona, New Mexico and Paraguay, a uranium/vanadium project in Colorado and one of the highest-grade and largest undeveloped Ferro-Titanium deposits in the world, located in Paraguay.  The Company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in NI 43-101 and was reviewed by Clyde L. Yancey, P.G., Vice President-Exploration for the Company, a Qualified Person under NI 43-101.

Safe Harbor Statement

*   The mineral resources referred to herein have been estimated in accordance with the definition standards on mineral resources of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in NI 43-101 and are not compliant with U.S. Securities and Exchange Commission (the “SEC”) Industry Guide 7 guidelines.  In addition, measured mineral resources, indicated mineral resources and inferred mineral resources, while recognized and required by Canadian regulations, are not defined terms under SEC Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC. Accordingly, we have not reported them in the United States. Investors are cautioned not to assume that any part or all of the mineral resources in these categories will ever be converted into mineral reserves. These terms have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. In particular, it should be noted that mineral resources which are not mineral reserves do not have demonstrated economic viability. It cannot be assumed that all or any part of measured mineral resources, indicated mineral resources or inferred mineral resources will ever be upgraded to a higher category. In accordance with Canadian rules, estimates of inferred mineral resources cannot form the basis of feasibility or other economic studies. Investors are cautioned not to assume that any part of the reported measured mineral resources, indicated mineral resources or inferred mineral resources referred to herein are economically or legally mineable.

Except for the statements of historical fact contained herein, the information presented in this letter constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this letter.

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