Saturday, February 21, 2026
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Press Release Accesswire

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

August 6, 2025
in Accesswire, Artificial Intelligence
Reading Time: 5 mins read
5
SHARES
245
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

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
[email protected]
+1 202 780 7591

SOURCE: Skymantics, LLC

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.

ShareTweet1ShareSendShare2
Previous Post

Metallicus and DaLand Partner to Provide Regulated Stablecoin and Digital Asset Infrastructure to Financial Institutions

Next Post

Wisfile Launches as a Free AI File Organizer Tool That Sorts Files by Content, Type, and More

Related Posts

DigiPower X Announces Closing of Settlement

This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated November 18, 2025, to its short form base shelf prospectus dated May 15, 2025. MIAMI, FL / ACCESS Newswire / February 20, 2026 / DigiPower X Inc. ("Digipower X" or...

Read moreDetails

Running a Business Now Means Wearing 10 Hats. A New AI Platform Says It Can Help Build the Team You Don’t Have.

Image: https://www.globalnewslines.com/uploads/2026/02/6dd1eff471ba02a439ac5b98176c02aa.jpgNot long ago, launching a business meant building a product and finding customers. Today, it often means something else entirely.Modern founders and creators are expected to be marketers, sales teams, community managers, brand strategists and distribution experts - sometimes all at once.For millions of small business owners and independent...

Read moreDetails

AI-Driven Supply Chain Systems Improve Manufacturing Resilience

Image: https://www.abnewswire.com/upload/2026/02/f0d264cec2cbda2023291f85a5fe7584.jpgAs manufacturing and life sciences supply chains continue to face operational disruptions, fluctuating demand patterns, and increasing complexity, organizations are increasingly integrating artificial intelligence into enterprise operational systems. These intelligent technologies enable organizations to analyze operational data more effectively, anticipate disruptions, and improve overall supply chain resilience.Enterprise supply chains...

Read moreDetails

New Research from Verdent.ai Explores the Future of Coding Careers in an AI-Driven World

If you are a computer science student, a recent bootcamp graduate, or a junior developer just starting your first job, you have probably felt the knot in your stomach. It's that sinking feeling you get when you watch a demo of the latest AI model. You watch it solve a...

Read moreDetails

LeadTruffle Launches AI-Powered Yelp Auto Responder for Home Service Businesses

LeadTruffle is pleased to announce the launch of its AI-powered Yelp auto responder, built specifically for home service contractors who lose leads due to slow response times.LeadTruffle is an AI lead management platform serving plumbers, HVAC technicians, electricians, roofers, cleaners, and over 20 other home service trades across the United...

Read moreDetails

VERSES Announces Filing of Quarterly Report on Form 10-Q for the Three and Nine-Months Ended December 31, 2025

VANCOUVER, British Columbia, Feb. 20, 2026 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE: VERS) (OTCQB: VRSSF) ("VERSES" or the "Company"), a cognitive computing company pioneering next-generation agentic software systems today announced that it has filed its Quarterly Report on Form 10-Q (“Quarterly Report”) for the three months and nine months...

Read moreDetails

Datavault AI Announces Change in Distribution Date for Previously Announced Dividends of Dream Bowl Meme Coin II Tokens and Warrants to Purchase Common Stock to Datavault AI Record Equityholders to February 27, 2026

PHILADELPHIA, PA / ACCESS Newswire / February 20, 2026 / Datavault AI Inc. (NASDAQ:DVLT) ("Datavault AI" or the "Company"), a provider of data monetization, credentialing, digital engagement, and real-world asset tokenization technologies, today announced that its board of directors (the "Datavault Board") has changed the distribution dates for both the...

Read moreDetails

“He Touched Every Heart He Met”: Ichikawa City Zoo Staff Remember Punch-kun, the Beloved Baby Macaque Who Captured the World, in Emotional Interview

MoltCure sits down with caretakers at Ichikawa City Zoo following the heartbreaking passing of Punch-kun, the abandoned baby macaque who went viral for carrying an IKEA stuffed orangutan as his only companion PALATINE, IL / ACCESS Newswire / February 20, 2026 / The world lost a very special soul today....

Read moreDetails

WorkMax(R) Details Integration With FOUNDATION(R) Construction Accounting Software

PAYSON, UTAH / ACCESS Newswire / February 20, 2026 / WorkMax, a leading construction workforce management platform and part of Foundation Software's product portfolio, has published an overview of its integration with FOUNDATION construction accounting software. The blog post, titled "What FOUNDATION Does With Your WorkMax Data (And Why It...

Read moreDetails

Macaron Introduces Poo Play Report Card Empowering Dog Walkers with Real Time Pet Care Insights

If you are a professional dog walker, you know that the job isn't just about exercise. It isn't just about leashes, treats, and finding the right tree in the park.The real job is managing anxiety.Your clients are sitting in high-rise offices, stuck in endless Zoom meetings, or traveling for business....

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top Cross-Chain DeFi Solutions to Watch by 2025

    81 shares
    Share 32 Tweet 20
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    151 shares
    Share 60 Tweet 38
  • Best Crypto Investing App 2026 Announced

    7 shares
    Share 3 Tweet 2
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    91 shares
    Share 36 Tweet 23
  • Understanding Soulbound Tokens SBT Their Definition and Significance

    47 shares
    Share 19 Tweet 12
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

There are currently no events.

Latest on Web3Wire

  • DigiPower X Announces Closing of Settlement
  • Running a Business Now Means Wearing 10 Hats. A New AI Platform Says It Can Help Build the Team You Don’t Have.
  • Tottax Releases 2026 Step-by-Step Guide to Filing Business Taxes in Denver
  • AI-Driven Supply Chain Systems Improve Manufacturing Resilience
  • New Research from Verdent.ai Explores the Future of Coding Careers in an AI-Driven World

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.