-PRESS RELEASE

Clearwater, Fl (October 2023) Delta Financial Group (Delta), a Certified Service-Disabled Veteran Owned Small Business (SDVOSB), is pleased to announce a newly formed partnership between Delta and Tompkins Robotics (Tompkins) that adds value to Tompkins’s Robots as a Service (RaaS) financing solution.  “Delta is an innovative funding source with the ability to pivot and support unique structures as well as add value as a diversity lender,” Jerry Herrmann, COO, Delta Financial explains.

Tompkins Robotics, a leader in the robotic automation of distribution and fulfillment operations offers the RaaS model that allows customers to pay for what they consume including equipment, installation, commissioning, and support costs, all of which are included in a service level agreement (SLA).  This innovative model gives the customer the flexibility of a subscription-based pricing and service option instead of traditional capital equipment purchase and support model.

Jeff Kaplan, CFO, Tompkins, credits their financial consultant Iron Horse Consulting Group (IHCG) for the introduction to Delta.  “Iron Horse specializes in equipment financing solutions with an understanding of our unique RaaS approach and who then brings to the table the right partners to further Tompkins’s growth,” says Kaplan.  “In this case, the advantage of Delta offering our RaaS solution as a SDVOSB financing source, is allowing our customers to increase their Tier 2 diversity spend goals.”

The RaaS solution conserves capital, converts investment to an operating cost, and allows a customer to “pay as they go” for the use of the system.  RaaS also provides customer with the ability to scale up and down rapidly and easily in response to changing market conditions or seasonal demand.

Tom Cira, CEO, IHCG echoes Kaplan’s sentiment.  “Finding the right partner who understands the RaaS model and then pairing it with a company like Delta is IHCG’s specialty. It is a win-win for all involved, especially the ultimate customer.”

– https://www.history.navy.mil/browse-by-topic/wars-conflicts-and-operations/sept-11-attack.html#introduction

“On the morning of 11 September 2001, 19 terrorists from the Islamist extreme group al Qaeda hijacked four commercial aircraft and crashed two of them into the North and South Towers of the World Trade Center complex in New York City. A third plane crashed into the Pentagon in Arlington, Virginia. After learning about the other attacks, passengers on the fourth hijacked plane, Flight 93, fought back, and the plane was crashed into an empty field in western Pennsylvania about 20 minutes by air from Washington, D.C. The Twin Towers ultimately collapsed, due to the damage from the impacts and subsequent fires. Nearly 3,000 people were killed from 93 different countries. Most of the fatalities were from the attacks on the World Trade Center. The Pentagon lost 184 civilians and servicemembers and 40 people were killed on Flight 93. It was the worst attack on American soil since the Japanese attacked Pearl Harbor in 1941.

After the Taliban refused to turn over the mastermind of the attacks, Osama Bin Laden, Operation Enduring Freedom officially began 7 October 2001 with American and British bombing strikes against al Qaeda and Taliban forces in Afghanistan. Initially, the Taliban was removed from power and al Qaeda was seriously crippled, but allied forces continually dealt with a stubborn Taliban insurgency, infrastructure rebuilding, and corruption among the Afghan National Army, Afghan National Police, and Afghan Border Police. Bin Laden would go into hiding for nearly 10 years.

On 2 May 2011, U.S. Navy SEALs launched a nighttime raid on Bin Laden’s compound in Abbottabad, Pakistan, killing the al Qaeda leader. Operation Enduring Freedom officially ended 28 December 2014, although coalition forces remained on the ground to assist with training Afghan security forces. American troops departed Afghanistan in August 2021.”

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