The content on this page was provided by an independent third party and syndicated by XPR Media. Members of the editorial and news staff of the USA TODAY Network were not involved in the creation of this content.

Skymantics Awarded Key IRS Contract to Expand AI-Powered Simulation Engine for Fraud Detection

Phase 4 extension of SimoN platform will enhance tax compliance capabilities and provide critical support for the agency’s modernization and predictive analytics goals.

MELBOURNE, FL / ACCESS Newswire / August 5, 2025 / As the U.S. federal government accelerates its strategy to procure advanced Artificial Intelligence solutions, Skymantics, LLC is at the forefront, providing innovative AI and synthetic data capabilities to modernize the nation’s critical infrastructure. The company’s leadership in this space is demonstrated in the award of a Phase 4 contract to continue to support AI solutions for the Internal Revenue Service (IRS). The contract award is for the continued development of its Simulation of the Nation (SimoN) synthetic data engine, an IRS-specific implementation of Skymantics’ core DataGenesis AI based synthetic data platform that is central to the agency’s testing and modernization efforts.

The SimoN platform provides a crucial business value to the IRS: it allows the agency to rigorously test its complex tax systems using high-fidelity synthetic data, thereby protecting sensitive, real taxpayer information from exposure. This enhances security and privacy while ensuring system integrity. SimoN currently supports over 180 data elements with over 300 dimensionalities representing real world data relationships.

This Phase 4 contract significantly expands the engine’s scope beyond its original testing function. Skymantics will enhance the platform to generate sophisticated data models that simulate non-compliant and potentially fraudulent activities. This directly empowers the IRS’s mission-critical work in the following ways:

  • Enhances Fraud Detection: Provides a safe and renewable data source to train and validate fraud detection algorithms, increasing their accuracy and effectiveness.

  • Strengthens Tax Compliance: Allows the agency to model and understand complex compliance data scenarios, improving the IRS’s ability to ensure a fair and equitable tax system.

  • Enables Predictive Analytics: Creates a foundation for the IRS to develop advanced predictive models to anticipate and counter emerging threats to the nation’s revenue system.

  • Ensures Downstream Integration: Includes built-in ETL (Extract, Transform, Load) support to natively interface synthetic data into the IRS Modernized e-File (MeF) system, ensuring seamless compatibility for end-to-end testing.

“We are proud to continue our support of the IRS with our cutting-edge SimoN platform,” said Brad Molander, Head of Engineering. “This award validates our confidence in the power of our synthetic data engine to solve mission-critical challenges. What began as a revolutionary tool for automated testing is now evolving to directly support the IRS’s vital compliance and fraud detection efforts, providing even greater value to the agency and the public.”

Skymantics is also seeking to expand its capability to support air traffic management, building on its history of supporting the Federal Aviation Administration (FAA) since 2015. With the recent budget legislation and directive to build a brand-new Air Traffic Control (ATC) system, there is an opportunity to integrate Skymantics’ next-generation AI and data analytics to improve safety and efficiency.

“The federal government’s commitment to investing in AI technologies is creating a significant growth opportunity for our advanced capabilities across multiple sectors,” said Charles Chen, CEO of Skymantics. “Our recent contract with the IRS is a powerful testament to the innovation and personalized approach our team delivers. Now, with the additional spending in air traffic management, we are eager to extend our DataGenesis AI product to support the FAA’s critical modernization efforts and help make our skies safer. We have a proven track record and are confident that our technology can play a vital role in developing the more intelligent air traffic control systems of the future.”

About Skymantics, LLC: Skymantics, LLC is an SBA-certified 8(a) small disadvantaged business specializing in applied Artificial Intelligence and data modernization. Grounded in the core values of creativity, collaboration, and excellence, the company’s mission is to drive positive change by putting emerging data technologies into practice. As a high-tech software services provider, Skymantics works as a trusted team player with government agencies and private industry partners to solve complex challenges and lower the barriers for technology adoption.

Antonio Correas, Chief Growth Officer
antonio.correas@skymantics.com
+1 202 780 7591

SOURCE: Skymantics, LLC

View the original press release on ACCESS Newswire

The post Skymantics Awarded Key IRS Contract to Expand AI-Powered Simulation Engine for Fraud Detection appeared first on Local News Hub.

Information contained on this page is provided by an independent third-party content provider. XPRMedia and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact pressreleases@xpr.media

360Connect LLC Unveils Essential Guide for Picking the Perfect Storage Container Sizes

360Connect LLC Unveils Essential Guide for Picking the Perfect Storage Container Sizes

360Connect LLC has just rolled out a handy guide to help businesses pick the right shipping container. As more companies rely on portable storage, choosing…

August 6, 2025

Prestige Printing Expands Same-Day Services Across San Francisco Bay Area for Instant Business Solutions

Prestige Printing Expands Same-Day Services Across San Francisco Bay Area for Instant Business Solutions

Prestige Printing & Graphics, a key player in commercial print and mail services, has expanded its same-day printing services to more locations across the San…

August 6, 2025

Vancouver’s Leading Roofing Company Brisco Expands to Meet Surging Demand

Vancouver’s Leading Roofing Company Brisco Expands to Meet Surging Demand

Brisco Roofing Vancouver, WA has announced an ambitious expansion plan designed to improve service capabilities and meet the growing demand for quality roofing in the…

August 6, 2025

American Critical Minerals Extends Warrant Exercise Incentive Program

American Critical Minerals Extends Warrant Exercise Incentive Program

VANCOUVER, BC / ACCESS Newswire / August 5, 2025 / American Critical Minerals Corp. (“American Critical Minerals” or the”Company“) (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) announces that it has extended…

August 6, 2025

Kings Chapel Converts $2 Milllion of Convertible Loan

Kings Chapel Converts $2 Milllion of Convertible Loan

VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / August 5, 2025 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) (“CoTec” or the “Corporation”) is pleased to announce that Kings…

August 6, 2025

Wudinna Gold Project – Grant of New Tenements

Wudinna Gold Project – Grant of New Tenements

HIGHLIGHTS Grant of ‘New Tenements’ for Barton’s Wudinna Gold Project; precedent-setting M&A transaction under South Australia’s new regulations permitting tenement subdivision[1] ADELAIDE, AUSTRALIA / ACCESS…

August 6, 2025

All In Solutions Detox Unveils Enhanced Recovery Programs with Personalized Care in Simi Valley

All In Solutions Detox Unveils Enhanced Recovery Programs with Personalized Care in Simi Valley

All In Solutions Detox in Simi Valley has announced a significant update to its treatment programs to better support individuals on their road to recovery….

August 6, 2025

Skymantics Awarded Key IRS Contract to Expand AI-Powered Simulation Engine for Fraud Detection

Skymantics Awarded Key IRS Contract to Expand AI-Powered Simulation Engine for Fraud Detection

Phase 4 extension of SimoN platform will enhance tax compliance capabilities and provide critical support for the agency’s modernization and predictive analytics goals. MELBOURNE, FL…

August 6, 2025

TruMerit Launches Global Credential for First-Level, General Nurses

TruMerit Launches Global Credential for First-Level, General Nurses

PHILADELPHIA, PA / ACCESS Newswire / August 5, 2025 / TruMerit, a worldwide leader in international credentials evaluation to support health worker careers, today introduced…

August 6, 2025

ACCESS Newswire to Host Second Quarter Earnings Conference Call on August 12, 2025

ACCESS Newswire to Host Second Quarter Earnings Conference Call on August 12, 2025

RALEIGH, NC / ACCESS Newswire / August 5, 2025 / ACCESS Newswire Inc. (NYSE American:ACCS), an industry-leading communications company, today announced it will host a…

August 6, 2025

Optex Systems Announces a $1.6 Million Award for Laser Protected Periscopes

Optex Systems Announces a $1.6 Million Award for Laser Protected Periscopes

RICHARDSON, TX / ACCESS Newswire / August 5, 2025 / Optex Systems Holdings, Inc. (NASDAQ:OPXS), a leading manufacturer of precision optical sighting systems for domestic…

August 6, 2025

SMX Scores Institutional Growth Backing of $11 Million, Up To $20 Million YTD

SMX Scores Institutional Growth Backing of $11 Million, Up To $20 Million YTD

NEW YORK, NY / ACCESS Newswire / August 5, 2025 / SMX (Security Matters) PLC (NASDAQ:SMX), a company transforming supply chain transparency through technology that…

August 6, 2025

Interactive Strength Inc. (Nasdaq: TRNR) to Release Second-Quarter 2025 Results on Thursday, August 14

Interactive Strength Inc. (Nasdaq: TRNR) to Release Second-Quarter 2025 Results on Thursday, August 14

AUSTIN, TEXAS / ACCESS Newswire / August 5, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) (“TRNR” or the “Company”), maker of innovative specialty fitness equipment under…

August 6, 2025

SMX (Security Matters) Secures $11M in Growth Capital, Pushing 2025 Total Up To $20M

SMX (Security Matters) Secures $11M in Growth Capital, Pushing 2025 Total Up To $20M

NEW YORK, NY / ACCESS Newswire / August 5, 2025 / SMX (Security Matters) PLC (NASDAQ:SMX), a company revolutionizing supply chain transparency through technology that…

August 6, 2025

ePropelled Announces Joint Development Agreement With USA Rare Earth for Supply of Neo Magnets for Drone Technology

ePropelled Announces Joint Development Agreement With USA Rare Earth for Supply of Neo Magnets for Drone Technology

USA Rare Earth Will Produce Lightweight, Powerful Magnets Needed for Production of Uncrewed Air, Land and Sea Vehicles LACONIA, NEW HAMPSHIRE / ACCESS Newswire /…

August 6, 2025

Vendict Raises $10M Series A to Reinvent GRC with AI-Native, Hallucination-Free Compliance Platform

Vendict Raises $10M Series A to Reinvent GRC with AI-Native, Hallucination-Free Compliance Platform

NEW YORK, NY / ACCESS Newswire / August 5, 2025 / As enterprises wrestle with ballooning regulatory obligations and costly third-party risk, Vendict, the AI-native…

August 6, 2025

SMX Announces Effective Date of Reverse Stock Split

SMX Announces Effective Date of Reverse Stock Split

NEW YORK, NY / ACCESS Newswire / August 5, 2025 / SMX (Security Matters) Public Limited Company (NASDAQ:SMX)(NASDAQ:SMXWW) (the “Company”), today announced that the reverse…

August 6, 2025

SMX Announces Up To $11.0 Million Convertible Note Offering

SMX Announces Up To $11.0 Million Convertible Note Offering

NEW YORK, NY AND SINGAPORE / ACCESS Newswire / August 5, 2025 / SMX (Security Matters) PLC (NASDAQ:SMX)(NASDAQ:SMXWW), a leader in providing “physical to digital”…

August 6, 2025

Organto Foods Inc. Announces Resumption of Trading on the OTCQB Venture Market

Organto Foods Inc. Announces Resumption of Trading on the OTCQB Venture Market

VANCOUVER, BC / ACCESS Newswire / August 5, 2025 / Organto Foods Inc. (TSXV:OGO)(OTCQB:OGOFF), is pleased to announce that its shares will resume trading on…

August 6, 2025

Qollateral Now Offering Up to $10 Million in Same-Day Loans Against Fine Jewelry, Investment-Grade Diamonds, and Rare Colored Stones

Qollateral Now Offering Up to $10 Million in Same-Day Loans Against Fine Jewelry, Investment-Grade Diamonds, and Rare Colored Stones

NEW YORK CITY, NY / ACCESS Newswire / August 5, 2025 / Earlier this year, Qollateral announced its new $10 million limit for same-day loans….

August 6, 2025

Safe & Green Holdings Corp. Signs Letter of Intent to Acquire Rock Springs Energy Group

Safe & Green Holdings Corp. Signs Letter of Intent to Acquire Rock Springs Energy Group

MIAMI, FL / ACCESS Newswire / August 5, 2025 / Safe & Green Holdings Corp. (NASDAQ:SGBX) (“Safe & Green” or the “Company”), a leading developer…

August 6, 2025

New Interview and Research Reveal: Computer Ownership is Central to Broadband Adoption

New Interview and Research Reveal: Computer Ownership is Central to Broadband Adoption

A new national study finds that computer ownership is more important than in-home internet access for meaningful digital participation. A companion video interview with lead…

August 6, 2025

Simply NUC Rebrands as SNUC Systems, Making a Bold Shift Toward Real-World AI at the Edge

Simply NUC Rebrands as SNUC Systems, Making a Bold Shift Toward Real-World AI at the Edge

The new identity reflects the company’s mission to deliver rugged, trusted AI computing, where it counts most. AUSTIN, TX / ACCESS Newswire / August 5,…

August 6, 2025

WalkerHughes Deepens Commitment to Acquired Agencies With Strategic Hire of Alison Heitzman

WalkerHughes Deepens Commitment to Acquired Agencies With Strategic Hire of Alison Heitzman

Experienced Change Leader Joins as Senior Manager of M&A Integrations to Champion Seamless Transitions and People-First Growth INDIANAPOLIS, IN / ACCESS Newswire / August 5,…

August 6, 2025

Day One of Smart Moves Summit 2025: Strategic Leadership and Innovation in Global Chess Education

Day One of Smart Moves Summit 2025: Strategic Leadership and Innovation in Global Chess Education

NEW YORK CITY, NEW YORK / ACCESS Newswire / August 5, 2025 / The opening day of the Smart Moves Summit 2025, sponsored by NASDAQ-listed…

August 6, 2025

Telestream Unveils Vantage AI Media Workflow Intelligence

Telestream Unveils Vantage AI Media Workflow Intelligence

New AI capabilities drive smarter automation, enriched metadata, and enhanced QC across live and file-based workflows NEVADA CITY, CA / ACCESS Newswire / August 5,…

August 6, 2025

Mousegraphics Unleashes Cutting-Edge Expansion in Commercial Printing Capabilities

Mousegraphics Unleashes Cutting-Edge Expansion in Commercial Printing Capabilities

Mousegraphics is stepping up its game in the Commercial Printing sector with an exciting expansion in its capabilities. The company is now using advanced printing…

August 5, 2025

enVVeno Medical Participates in a New Virtual Investor “What This Means” Segment to Discuss How President Trump’s Recent CVI Diagnosis May Impact the Company

enVVeno Medical Participates in a New Virtual Investor “What This Means” Segment to Discuss How President Trump’s Recent CVI Diagnosis May Impact the Company

– enVVeno is developing the VenoValve as a potential treatment option for the approximately 2.5 million patients in the U.S. suffering from severe deep Chronic…

August 5, 2025

Arrowhead Clinic in Marietta Celebrates Over 1,000 Five-Star Reviews, Leading in Chiropractic Care for Auto Accident Recovery

Arrowhead Clinic in Marietta Celebrates Over 1,000 Five-Star Reviews, Leading in Chiropractic Care for Auto Accident Recovery

Arrowhead Clinic in Marietta is thrilled to share that it has received over 1,000 five-star reviews. This achievement makes it the most highly-rated chiropractic clinic…

August 5, 2025

Gladstone Capital Corporation Reports Financial Results for its Third Quarter Ended June 30, 2025

Gladstone Capital Corporation Reports Financial Results for its Third Quarter Ended June 30, 2025

MCLEAN, VA / ACCESS Newswire / August 4, 2025 / Gladstone Capital Corporation (Nasdaq:GLAD) (the “Company”) today announced earnings for its third quarter ended June…

August 5, 2025

Tolmer High-Grade Silver Extends, High-Grade Gold Emerges

Tolmer High-Grade Silver Extends, High-Grade Gold Emerges

ADELAIDE, AU / ACCESS Newswire / August 4, 2025 / New assays up to 2,240 g/t Ag & 51.2 g/t Au in ‘Western Silver Zone’…

August 5, 2025

New to The Street Launches 1,000+ Commercial TV Blitz for Synergy CHC ($SNYR), Makers of Focus Factor(R) – Adds NewsOut Video PR Coverage & NYC #1 Market Saturation

New to The Street Launches 1,000+ Commercial TV Blitz for Synergy CHC ($SNYR), Makers of Focus Factor(R) – Adds NewsOut Video PR Coverage & NYC #1 Market Saturation

NEW YORK CITY, NEW YORK / ACCESS Newswire / August 4, 2025 / New to The Street, the 16-year media powerhouse known for national financial…

August 5, 2025

Eskay Mining Announces Non-Brokered Charity Flow-Through Private Placement of up to $2 million

Eskay Mining Announces Non-Brokered Charity Flow-Through Private Placement of up to $2 million

TORONTO, ON / ACCESS Newswire / August 1, 2025 / Eskay Mining Corp. (“Eskay” or the “Company”) (TSXV:ESK)(OTC PINK:ESKYF)(Frankfurt:KN7)(WKN:A0YDPM) is pleased to announce the offering…

August 5, 2025

General Atomics Electromagnetic Systems Highlights Its Missile Defense Portfolio at the 2025 Space and Missile Defense Symposium

General Atomics Electromagnetic Systems Highlights Its Missile Defense Portfolio at the 2025 Space and Missile Defense Symposium

HUNTSVILLE, AL / ACCESS Newswire / August 4, 2025 / General Atomics Electromagnetic Systems (GA-EMS) returns to the Space and Missile Defense Symposium to highlight…

August 5, 2025

Optex Systems Announces Third Quarter Earnings Call

Optex Systems Announces Third Quarter Earnings Call

RICHARDSON, TX / ACCESS Newswire / August 4, 2025 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic…

August 5, 2025

Lex Wire Journal Launches to Help Attorneys Gain Visibility in AI-Powered Legal Search

Lex Wire Journal Launches to Help Attorneys Gain Visibility in AI-Powered Legal Search

As artificial intelligence tools increasingly shape how legal professionals are discovered and cited, a new legal publishing platform has launched with the goal of helping…

August 5, 2025

T.D.E. Wedding Expands as Leading Chinese Wedding Planner in San Francisco: Embracing Tradition with Personalized Touch

T.D.E. Wedding Expands as Leading Chinese Wedding Planner in San Francisco: Embracing Tradition with Personalized Touch

T.D.E. Wedding, well known for its event planning services, has announced an expansion aimed at meeting the needs of clients who want unique wedding experiences….

August 5, 2025

Gladstone Commercial Corporation Earnings Call and Webcast Information

Gladstone Commercial Corporation Earnings Call and Webcast Information

MCLEAN, VA / ACCESS Newswire / August 4, 2025 / Gladstone Commercial Corporation (Nasdaq:GOOD) announces the following event: What: Gladstone Commercial Corporation’s Second Quarter Ended…

August 5, 2025

Inspire Veterinary Partners Announces up to $10M in Financing at $1.00 per Share Through Cash and Transferred Securities

Inspire Veterinary Partners Announces up to $10M in Financing at $1.00 per Share Through Cash and Transferred Securities

VIRGINIA BEACH, VA / ACCESS Newswire / August 4, 2025 / Inspire Veterinary Partners, Inc. (NASDAQ:IVP) (“Inspire” or the “Company”), an owner and provider of…

August 5, 2025

Phase 1 Clinical Ttrial of HIV Vaccine Starts in Africa to Evaluate Immune Responses to Highly Networked HIV T-Cell Epitopes

Phase 1 Clinical Ttrial of HIV Vaccine Starts in Africa to Evaluate Immune Responses to Highly Networked HIV T-Cell Epitopes

Led by a team of African researchers, first doses of the novel T cell-inducing GRAdHIVNE1 vaccine candidate have been given. HARARE, ZIMBABWE, ROME, ITALY, NEW…

August 5, 2025