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New York State Division of Military and Naval Affairs

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uuid002t4v6

Namestring
New York State Division of Military and Naval Affairs
Legal namestring
New York State Division of Military and Naval Affairs
Websiteurl
dmna.ny.gov
Company typeenum
Private
Founded yearint
1786
Descriptiontext

The New York State Division of Military and Naval Affairs (DMNA) is a New York State government agency, founded in 1786 and headquartered in Latham, New York, that commands the state's military forces under the authority of the Governor of New York. The organization oversees the New York Army National Guard, New York Air National Guard, New York Naval Militia, and New York Guard, with a combined force of approximately 15,000+ personnel organized into 6 Army brigades (including the 42nd Infantry Division, 27th Brigade Combat Team, and 369th Sustainment Brigade) and 7 Air National Guard wings/sectors (including the 105th Airlift Wing, 106th Rescue Wing, 107th Attack Wing, and Eastern Air Defense Sector). DMNA provides dual-mission military capabilities: federal military readiness for U.S. Department of Defense deployments and state-level emergency response, counterterrorism security (via Joint Task Force Empire Shield), corrections support (via Joint Task Force DOCCS, activated February 2025), cyber support to state agencies (DHSES Critical Infrastructure Unit), and citizen preparedness training.

DMNA's core technology consists of web-based public services built on NY.gov infrastructure using HTML5/CSS3/JavaScript (ES12), Google Translate for multilingual support, and PureEdge Viewer for electronic forms. Key internal platforms include the NYNG GKO Portal (secure DoD GatewayKO integration), State Active Duty Job Application System, DMNA WebEOC (web-based emergency operations center), and GFEBS Online User Role Request (Army financial management system). The organization does not offer commercial technology products; all services are military and government services for state agencies and residents. DMNA's business model is government appropriations-based: it receives funding through New York State budget allocations and federal Department of Defense appropriations for National Guard operations, with no commercial revenue streams. Marketing and outreach channels include official social media (YouTube, X/Twitter, Facebook, Flickr), DVIDS military media distribution, Guard Times Magazine, community events, and direct recruitment through Army and Air National Guard recruiter networks. Major strategic partnerships include the American Red Cross (Citizen Preparedness Corps), PowerBank (20 MW solar/BESS energy infrastructure), and operational coordination with the U.S. Army, U.S. Air Force, DHSES, DOCCS, and the National Guard Bureau.

Short descriptiontext

The New York State Division of Military and Naval Affairs is a New York State government agency that commands approximately 15,000+ New York National Guard, Naval Militia, and New York Guard personnel, providing military forces for federal defense missions and state-level emergency response, counterterrorism, corrections support, and cyber security operations.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersLatham, United States
HQ citystring
Latham
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
state military services, national guard operations, emergency response services, homeland defense support, military recruitment services
Industry1 code
1Security Sector Reform (SSR) & Defense Institution Building
CodeBPADAFAEPrimaryYes
NAICS code4 codes
  • National Security928110
  • National Security and International Affairs9281
  • National Security and International Affairs928
  • International Affairs92812
Product category
State Military and Defense Services
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 7 records shown
1New York Army National Guard
Description

The land component of the New York National Guard

dmna.ny.gov
+6 more records
Core offering1 text field

The New York State Division of Military and Naval Affairs (DMNA) is a state government agency that commands and administers the New York National Guard (Army and Air), New York Naval Militia, and New York Guard. It provides military forces for federal combat deployments and state-level domestic operations including disaster response, counterterrorism security in the NYC metropolitan area, corrections facility support, cybersecurity assistance to state agencies, and citizen preparedness training.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • 20 MW solar and BESS projects to reduce utility costs and improve energy resiliency across NY military facilities
Product overview1 text field

The New York State Division of Military and Naval Affairs (DMNA) is a state government agency that commands the New York National Guard (Army National Guard, Air National Guard), New York Naval Militia, and New York Guard. DMNA provides military forces for federal combat missions and state-level domestic operations including disaster response, counterterrorism security, cyber support, and corrections support. The organization does not offer commercial technology products; its 'services' are military and government services for state residents and agencies.

Product and service6 records
1New York Army National Guard
CategoryMilitary Forces
Description

The land component of the New York National Guard, providing military forces for state and federal missions including domestic operations, disaster response, and federal combat deployments.

2New York Air National Guard
CategoryMilitary Forces
Description

The air component of the New York National Guard, providing aerial military capabilities including airlift, rescue, and remotely piloted aircraft operations.

3New York Naval Militia
CategoryMilitary Forces
Description

A state defense force providing naval capabilities for state operations including the Military Emergency Boat Service for maritime security and emergency response.

4New York Guard
CategoryMilitary Forces
Description

The state defense force providing trained military personnel for state active duty missions supporting civil authorities.

5Joint Task Force Empire Shield
CategorySecurity Operations
Description

Security operations in the New York City Metropolitan Area designed to deter and prevent potential terrorist operations and respond to disasters.

6NYS Citizen Preparedness Corps
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-14
Description

PowerBank has signed long-term lease and power purchase agreements with DMNA for developing 20 MW of solar and battery energy storage system (BESS) projects across New York. Construction expected to start by end of 2025. Projects aimed at reducing utility costs, improving energy resiliency, and supporting climate goals.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnership with the American Red Cross for the Citizen Preparedness Corps training program, working with experts from the Division of Homeland Security and Emergency Services, Office of Emergency Management, and Office of Fire Prevention and Control.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Federal oversight and support through the U.S. Army for the Army National Guard program, including training, equipment, and operational doctrine.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Federal oversight and support through the U.S. Air Force for the Air National Guard program, including training, equipment, and operational doctrine.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Coordinated state agency partnership for emergency response operations, including the Cyber Support to DHSES Critical Infrastructure Unit program for cybersecurity assessments.

6New York State Department of Corrections and Community Supervision (DOCCS)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Joint Task Force DOCCS mission activated February 2025 by Governor Hochul to augment DOCCS personnel with NYNG service members for operations in multiple NYS correctional facilities.

dmna.ny.gov
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partnership with West Point for military ceremonies and training opportunities, including hosting change of command ceremonies at the academy.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Federal coordinating agency between the Army/Air National Guard and DoD, providing policy guidance, resources, and operational support.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

International partnership program connecting NY National Guard with partner nations for military-to-military engagements and cooperation.

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Federal agency coordinating disaster response and emergency management. Comparable to NYS DMNA in delivering emergency response and disaster preparedness capabilities, though at the federal rather than state level and with a civilian rather than military organizational structure.

TypeDirect peer
Description

Massachusetts' state military organization providing Army and Air National Guard forces. Directly comparable to NYS DMNA as a regional state National Guard administration with analogous homeland security and emergency response missions.

TypeDirect peer
Description

Texas's state military agency commanding the Texas National Guard, Texas Air National Guard, and Texas State Guard. Mirrors NYS DMNA's organizational model with comparable scale of Army and Air National Guard units and equivalent state active duty mission portfolio.

4Pennsylvania Department of Military and Veterans Affairs
TypeDirect peer
Description

Pennsylvania's combined military and veterans affairs state agency. Closely mirrors NYS DMNA's structure as a state-administered military organization with overlapping National Guard command responsibilities and state mission portfolios.

5New Jersey Department of Military and Veterans Affairs
TypeDirect peer
Description

New Jersey's state military and veterans affairs agency. Closely mirrors NYS DMNA as a regional state military administration serving a high-density Northeast population with comparable urban-area security and emergency response missions.

TypeDirect peer
Description

Ohio's state military organization under the Ohio Department of Public Safety. Directly comparable to NYS DMNA in scope of Army and Air National Guard operations and state mission delivery.

TypeDirect peer
Description

Florida's state military agency responsible for the Florida National Guard. Directly comparable to NYS DMNA as a state-level military administration executing the same federal-state dual mission construct under gubernatorial command authority.

TypeBroad incumbent
Description

The federal coordinating agency between the Army/Air National Guard and the Department of Defense. Functions as the umbrella organization under which all state National Guard agencies including NYS DMNA operate, providing policy guidance, resources, and operational support.

9California Military Department
TypeDirect peer
Description

California's state military agency overseeing the California National Guard and state defense forces. Directly comparable to NYS DMNA as a sister state military administration with analogous dual federal-state mission structure, gubernatorial authority, and Army/Air National Guard command responsibilities.

TypeDirect peer
Description

Virginia's state National Guard organization with comparable Army and Air National Guard components. Directly comparable to NYS DMNA in mission structure, federal-state dual command, and operational portfolio.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries21 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

New York State Division of Military and Naval Affairs

State Military and Defense Servicesdmna.ny.gov

The New York State Division of Military and Naval Affairs is a New York State government agency that commands approximately 15,000+ New York National Guard, Naval Militia, and New York Guard personnel, providing military forces for federal defense missions and state-level emergency response, counterterrorism, corrections support, and cyber security operations.

What New York State Division of Military and Naval Affairs does

The New York State Division of Military and Naval Affairs (DMNA) is a New York State government agency, founded in 1786 and headquartered in Latham, New York, that commands the state's military forces under the authority of the Governor of New York. The organization oversees the New York Army National Guard, New York Air National Guard, New York Naval Militia, and New York Guard, with a combined force of approximately 15,000+ personnel organized into 6 Army brigades (including the 42nd Infantry Division, 27th Brigade Combat Team, and 369th Sustainment Brigade) and 7 Air National Guard wings/sectors (including the 105th Airlift Wing, 106th Rescue Wing, 107th Attack Wing, and Eastern Air Defense Sector). DMNA provides dual-mission military capabilities: federal military readiness for U.S. Department of Defense deployments and state-level emergency response, counterterrorism security (via Joint Task Force Empire Shield), corrections support (via Joint Task Force DOCCS, activated February 2025), cyber support to state agencies (DHSES Critical Infrastructure Unit), and citizen preparedness training.

DMNA's core technology consists of web-based public services built on NY.gov infrastructure using HTML5/CSS3/JavaScript (ES12), Google Translate for multilingual support, and PureEdge Viewer for electronic forms. Key internal platforms include the NYNG GKO Portal (secure DoD GatewayKO integration), State Active Duty Job Application System, DMNA WebEOC (web-based emergency operations center), and GFEBS Online User Role Request (Army financial management system). The organization does not offer commercial technology products; all services are military and government services for state agencies and residents. DMNA's business model is government appropriations-based: it receives funding through New York State budget allocations and federal Department of Defense appropriations for National Guard operations, with no commercial revenue streams. Marketing and outreach channels include official social media (YouTube, X/Twitter, Facebook, Flickr), DVIDS military media distribution, Guard Times Magazine, community events, and direct recruitment through Army and Air National Guard recruiter networks. Major strategic partnerships include the American Red Cross (Citizen Preparedness Corps), PowerBank (20 MW solar/BESS energy infrastructure), and operational coordination with the U.S. Army, U.S. Air Force, DHSES, DOCCS, and the National Guard Bureau.

New York State Division of Military and Naval Affairs firmographics

Firmographics
Name
New York State Division of Military and Naval Affairs
Legal name
New York State Division of Military and Naval Affairs
Website
https://dmna.ny.gov
Company type
Private
Founded year
1786
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
The New York State Division of Military and Naval Affairs is a New York State government agency that commands approximately 15,000+ New York National Guard, Naval Militia, and New York Guard personnel, providing military forces for federal defense missions and state-level emergency response, counterterrorism, corrections support, and cyber security operations.
Ownership category
akta.pro rank

New York State Division of Military and Naval Affairs industry classification

Industry
Product category
State Military and Defense Services
NAICS
National Security (928110), National Security and International Affairs (9281), National Security and International Affairs (928), International Affairs (92812)
akta.pro primary industry
Security Sector Reform (SSR) & Defense Institution Building (BPADAFAE)

Keywords

  • State military services
  • National guard operations
  • Emergency response services
  • Homeland defense support
  • Military recruitment services

Where New York State Division of Military and Naval Affairs is headquartered

Location

Headquarters

HQ city
Latham
HQ country
United States
HQ region
North America

Offices2 records

Markets served

New York State Division of Military and Naval Affairs business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Distribution channels5 records

Marketing channels8 records

New York State Division of Military and Naval Affairs product offering

Product offering

Core offering

The New York State Division of Military and Naval Affairs (DMNA) is a state government agency that commands and administers the New York National Guard (Army and Air), New York Naval Militia, and New York Guard. It provides military forces for federal combat deployments and state-level domestic operations including disaster response, counterterrorism security in the NYC metropolitan area, corrections facility support, cybersecurity assistance to state agencies, and citizen preparedness training.

Product overview

The New York State Division of Military and Naval Affairs (DMNA) is a state government agency that commands the New York National Guard (Army National Guard, Air National Guard), New York Naval Militia, and New York Guard. DMNA provides military forces for federal combat missions and state-level domestic operations including disaster response, counterterrorism security, cyber support, and corrections support. The organization does not offer commercial technology products; its 'services' are military and government services for state residents and agencies.

Differentiator

Problem solved

Functional benefit

Brands

  • New York Army National Guard: The land component of the New York National Guard
  • New York Air National Guard
  • New York Naval Militia
  • New York Guard
  • Joint Task Force Empire Shield
  • Joint Task Force DOCCS
  • NYS Citizen Preparedness Corps

Products and services

  • New York Army National Guard The land component of the New York National Guard, providing military forces for state and federal missions including domestic operations, disaster response, and federal combat deployments.
  • New York Air National Guard The air component of the New York National Guard, providing aerial military capabilities including airlift, rescue, and remotely piloted aircraft operations.
  • New York Naval Militia A state defense force providing naval capabilities for state operations including the Military Emergency Boat Service for maritime security and emergency response.
  • New York Guard The state defense force providing trained military personnel for state active duty missions supporting civil authorities.
  • Joint Task Force Empire Shield Security operations in the New York City Metropolitan Area designed to deter and prevent potential terrorist operations and respond to disasters.
  • NYS Citizen Preparedness Corps

Quantifiable outcome

  • 20 MW solar and BESS projects to reduce utility costs and improve energy resiliency across NY military facilities

Companies that use New York State Division of Military and Naval Affairs

Customer profile

Named customers4 records

Segments3 records

Ideal customer profiles4 records

New York State Division of Military and Naval Affairs technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

New York State Division of Military and Naval Affairs partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered core and minor.

  • PowerBankcoreStrategic or Co-development Partner · 14 October 2025PowerBank has signed long-term lease and power purchase agreements with DMNA for developing 20 MW of solar and battery energy storage system (BESS) projects across New York. Construction expected to start by end of 2025. Projects aimed at reducing utility costs, improving energy resiliency, and supporting climate goals.
  • American Red CrosscoreStrategic or Co-development PartnerPartnership with the American Red Cross for the Citizen Preparedness Corps training program, working with experts from the Division of Homeland Security and Emergency Services, Office of Emergency Management, and Office of Fire Prevention and Control.
  • U.S. ArmycoreStrategic or Co-development PartnerFederal oversight and support through the U.S. Army for the Army National Guard program, including training, equipment, and operational doctrine.
  • U.S. Air ForcecoreStrategic or Co-development PartnerFederal oversight and support through the U.S. Air Force for the Air National Guard program, including training, equipment, and operational doctrine.
  • New York State Division of Homeland Security and Emergency Services (DHSES)coreStrategic or Co-development PartnerCoordinated state agency partnership for emergency response operations, including the Cyber Support to DHSES Critical Infrastructure Unit program for cybersecurity assessments.
  • New York State Department of Corrections and Community Supervision (DOCCS)coreStrategic or Co-development PartnerJoint Task Force DOCCS mission activated February 2025 by Governor Hochul to augment DOCCS personnel with NYNG service members for operations in multiple NYS correctional facilities.
  • U.S. Army Military Academy at West PointminorStrategic or Co-development PartnerPartnership with West Point for military ceremonies and training opportunities, including hosting change of command ceremonies at the academy.
  • National Guard BureaucoreStrategic or Co-development PartnerFederal coordinating agency between the Army/Air National Guard and DoD, providing policy guidance, resources, and operational support.
  • State Partnership Program PartnersminorStrategic or Co-development PartnerInternational partnership program connecting NY National Guard with partner nations for military-to-military engagements and cooperation.

Scale indicators6 records

Expansion highlights5 records

New York State Division of Military and Naval Affairs competitors and assessment

Company assessment

Broad incumbents

  • FEMA (Federal Emergency Management Agency): Federal agency coordinating disaster response and emergency management. Comparable to NYS DMNA in delivering emergency response and disaster preparedness capabilities, though at the federal rather than state level and with a civilian rather than military organizational structure.
  • National Guard Bureau: The federal coordinating agency between the Army/Air National Guard and the Department of Defense. Functions as the umbrella organization under which all state National Guard agencies including NYS DMNA operate, providing policy guidance, resources, and operational support.

Direct peers

  • Massachusetts National Guard: Massachusetts' state military organization providing Army and Air National Guard forces. Directly comparable to NYS DMNA as a regional state National Guard administration with analogous homeland security and emergency response missions.
  • Texas Military Department: Texas's state military agency commanding the Texas National Guard, Texas Air National Guard, and Texas State Guard. Mirrors NYS DMNA's organizational model with comparable scale of Army and Air National Guard units and equivalent state active duty mission portfolio.
  • Pennsylvania Department of Military and Veterans Affairs: Pennsylvania's combined military and veterans affairs state agency. Closely mirrors NYS DMNA's structure as a state-administered military organization with overlapping National Guard command responsibilities and state mission portfolios.
  • New Jersey Department of Military and Veterans Affairs: New Jersey's state military and veterans affairs agency. Closely mirrors NYS DMNA as a regional state military administration serving a high-density Northeast population with comparable urban-area security and emergency response missions.
  • Ohio National Guard: Ohio's state military organization under the Ohio Department of Public Safety. Directly comparable to NYS DMNA in scope of Army and Air National Guard operations and state mission delivery.
  • Florida Department of Military Affairs: Florida's state military agency responsible for the Florida National Guard. Directly comparable to NYS DMNA as a state-level military administration executing the same federal-state dual mission construct under gubernatorial command authority.
  • California Military Department: California's state military agency overseeing the California National Guard and state defense forces. Directly comparable to NYS DMNA as a sister state military administration with analogous dual federal-state mission structure, gubernatorial authority, and Army/Air National Guard command responsibilities.
  • Virginia National Guard: Virginia's state National Guard organization with comparable Army and Air National Guard components. Directly comparable to NYS DMNA in mission structure, federal-state dual command, and operational portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

New York State Division of Military and Naval Affairs social profiles

Digital presence

New York State Division of Military and Naval Affairs financial estimates

Financial estimate

Revenue estimate

Valuation estimate

New York State Division of Military and Naval Affairs leadership team

Management profile

Number of profiles

Profiles3 records

New York State Division of Military and Naval Affairs subsidiaries and ownership

Company hierarchy

Subsidiaries21 records

New York State Division of Military and Naval Affairs funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

New York State Division of Military and Naval Affairs M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New York State Division of Military and Naval Affairs

What does New York State Division of Military and Naval Affairs do?

The New York State Division of Military and Naval Affairs (DMNA) is a state government agency that commands and administers the New York National Guard (Army and Air), New York Naval Militia, and New York Guard. It provides military forces for federal combat deployments and state-level domestic operations including disaster response, counterterrorism security in the NYC metropolitan area, corrections facility support, cybersecurity assistance to state agencies, and citizen preparedness training.

Is New York State Division of Military and Naval Affairs a public or private company?

New York State Division of Military and Naval Affairs is a private company. It is classified as state government owned and is currently operating.

When was New York State Division of Military and Naval Affairs founded?

New York State Division of Military and Naval Affairs was founded in 1786. It employs 1,001 to 5,000 people.

Where is New York State Division of Military and Naval Affairs based?

New York State Division of Military and Naval Affairs is headquartered in Latham, United States, in the North America region.

Who are New York State Division of Military and Naval Affairs's main competitors?

Broad incumbents on record are FEMA (Federal Emergency Management Agency) and National Guard Bureau. Direct peers are Massachusetts National Guard, Texas Military Department, Pennsylvania Department of Military and Veterans Affairs, New Jersey Department of Military and Veterans Affairs, Ohio National Guard, Florida Department of Military Affairs, California Military Department and Virginia National Guard.

Does New York State Division of Military and Naval Affairs have an API?

No public API is recorded for New York State Division of Military and Naval Affairs.

What industry is New York State Division of Military and Naval Affairs in?

New York State Division of Military and Naval Affairs's product category is State Military and Defense Services. Its primary akta.pro industry code is BPADAFAE, Security Sector Reform (SSR) & Defense Institution Building. Its NAICS code is 928110.

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Live signals
MorningstarPowerBank Returns to Profitability with 106% Year-Over-Year Gross Profit Growth in Q1, 145% Adjusted EBITDA IncreasePowerBank Corporation reported returning to profitability in its fiscal first quarter 2026, posting a net income of $1.01 million and a 106% year-over-year increase in gross profit driven by revenues of $19.15 million. The company also announced operational milestones including the full commissioning of the Geddes Solar Power Project in New York and the execution of agreements for a 20 MW solar portfolio with the New York State Division of Military and Naval Affairs.NewswirePowerBank Returns to Profitability with 106% Year-Over-Year Gross Profit Growth in Q1, 145% Adjusted EBITDA IncreasePowerBank Corporation reported a return to profitability for its fiscal first quarter of 2026, posting $19.15 million in revenue and a net income of $1.01 million, compared to a significant loss in the prior year period. The company highlighted operational milestones including the full commissioning of the Geddes Solar Power Project in New York and secured new lease agreements for solar developments with the New York State Division of Military and Naval Affairs.PR NewswirePowerBank Returns to Profitability with 106% Year-Over-Year Gross Profit Growth in Q1, 145% Adjusted EBITDA IncreasePowerBank Corporation reported a return to profitability in its first quarter of fiscal 2026, achieving $19.15 million in revenue and a net income of $1.01 million, marking a significant improvement from the previous year's loss. The company also saw a 145% increase in Adjusted EBITDA to $4.84 million, driven by operational milestones including the commercial launch of the Geddes Solar Power Project in New York and new development agreements with the New York State Division of Military and Naval Affairs.Yahoo20 MW of Solar and BESS Power Purchase Agreements Secured by PowerBank with the New York State Division of Military and Naval Affairs (DMNA)PowerBank executed lease and power purchase agreements with New York's DMNA for 20 MW of solar and battery storage projects. The portfolio includes 19 MW solar and 1 MW/2 MWh BESS, with construction expected to start by end of 2025. The projects will be sold to DMNA under 20-year PPAs or via community solar subscriptions.Newswire20 MW of Solar and BESS Power Purchase Agreements Secured by PowerBank with the New York State Division of Military and Naval Affairs (DMNA)PowerBank Corporation has executed lease and power purchase agreements with the New York State Division of Military and Naval Affairs (DMNA) for a portfolio of solar and battery energy storage projects totaling 20 MW DC. The projects, to be developed through PowerBank's US subsidiary Abundant Solar Power, were secured via a competitive bidding process managed by the New York Power Authority and will be located at various National Guard facilities across New York State. Construction is expected to begin by the end of 2025, with clean energy sold to DMNA under 20-year PPAs or to local residents through community solar subscriptions.