Attractive upfront purchase multiple of approximately 17x 2024E Adjusted EBITDA, supported by Adjusted EBITDA margins in the mid-30s and a three-year historical organic revenue CAGR in the mid-teens, ...

CEO Sebastian Siemiatkowski called a U.S. banking license a "natural next step, giving customers tools to borrow responsibly ...

Sens. Elizabeth Warren, D-MA, and Andy Kim, D-NJ, are calling for a moratorium on commercially owned industrial loan company charters until such entities are defined as "banks" under the Banking ...

The Federal Deposit Insurance Corp. has approved investment firm Edward Jones' application for an industrial loan company charter, the agency announced Friday. The approval caps a nearly six-year ...

Senator Mitt Romney, R-Utah, led a bipartisan group of Senators in calling on the Federal Deposit Insurance Corp. to give Industrial Loan Company applications a fair chance of approval. Banks and some ...

Senate Banking Committee ranking member Elizabeth Warren, D-Mass., and committee member Andy Kim, D-N.J., are calling on the Federal Deposit Insurance Corp. to halt Industrial Loan Company charter ...

Sierra Space will work with ILC Dover on a series of progressively larger inflatable modules called LIFE for use on commercial space stations and missions to the moon and Mars. Credit: Sierra Space ...

Nolana AI, the developer of an agentic artificial intelligence operating system for insurance operations, was recognized as a finalist and runner-up at the annual ClaimsTech – The Pitch 2026 live ...

U.S. Rep. from Delaware Lisa Blunt Rochester and state Sen. Colin Bonini, R-Dover get a look at products made by ILC Dover. (Zoë Read/WHYY) In 1962, ILC Dover won a bid to build the Apollo spacesuit — ...