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Ares announced a new R&D program for it's Security and Law Enforcement product division. Propelled by the surprise unveiling of a fully functional vehicle-mounted laser at this years LES conference, it received mass praise from the community. Although the item is prohibitively expensive at this time for most law enforcement units at 400k nuyen per unit, the appearance of a live model ready for purchase was a boon to the military hardware mega corps stock prices. Given the strong competition presented this year from other corporations such as Saeder-Krupp, Ares ended the fiscal year with a strong overall showing.
Also featured prominently in this years fiscal report,. Knight Errant continues to dominate in private and corporate security contracts overall major rival Lone Star Security. The security provider arm of Ares boasts the best trained, equipped and experience security experts in the industry, with top results. Looking to branch out however, Knight Errant has been engaged in ongoing battles with Lone Star over municipal contracts in the security and law enforcement areas all year. The most notable being the coveted Seattle-Tacoma LEO contract, with the Austin, CAS company retaining control of the city law enforcement and order.
Industry experts note that Lone Star won the battle over the Pacific Northwest, but at a high cost that may prove fatal in the longer war with Knight Errant. It remains to be seen if Lone Star can fullfill some of the promises it made in this contract. City officials demanded that Lone Star do more to reduce gang violence through the city and make inroads on the ailing Redmond district. Redmond in particular is going to prove most challenging, the district was recently the scene of a string of grisly serial killings and the murder of a Black Forest Embassy employee. It's anyone's game, and Knight-Errant division of Ares is poised to make a huge mark on the world this year.
Renraku continues in a dominant role in the software computer industry. The release of Renraku's breakthrough Semi-Autonomous Knowbot software early in the fiscal year was a a massive boost to the company and pushed them forward into clear prominence over long-time rivals Fuchi and Yamatetsu. The replacement of Devon Eurich (named “The World's Most-Sought Matrix Developer” five years running by Moneyline and CentraSoft Alliance) as head of the Cybersoftware division in Renraku caused some small disturbances in stock prices near the close of the year. However Renraku was quick to assure stockholders that the change was to allow Mr. Eurich more time for development and that he was still an employee of the company.
On the computer engineering and hardware sales side, Renraku has seen very minor growth this year compared to last and was under internal projections. The stagnation can be attributed to Fuchi's incredible marketing and sales of it's Cyber 3, 5 and 7 models which have dominate large portions of the low, middle and high end markets for cyberdecks. Industry experts also attribute the construction delays on their new flagship office and production facility (the Seattle Arcology of Renraku) to the under performing sales.
The Renraku Arcology is the most impressive and ambitious structure of it's type, capable of housing 100-200,000 employees in total comfort, with it's own internalized food and power production. Not to mention some of the most state of the art laboratories and assembly lines in the industry. When complete, it will provide R&D, implementation, testing and production all under one roof to Renraku's growing North American markets.
Renraku's assembly lines are scheduled to begin going online late this year, with full construction completed by 2053.
MoneyLine Business News is required to disclose that it is owned by MoneyLine Consultants Inc, a subsidiary of Renraku Industries and Computing.