Transportation

Airlines Automotive Electric Vehicles Logistics Maritime
News Release Digital Asset Direct

TalkMarkets Announces Company Spotlight Featuring SaverOne

SaverOne

TalkMarkets.com announces a company spotlight series featuring SaverOne (NASDAQ: SVRE ), a US-listed early-stage driving technology company, whose goal is to make roads safer for drivers, passengers, and pedestrians alike, via a cellular network-based technological solution for reducing road accidents. The article is titled, “ SaverOne – A Publicly Traded Tech Startup with Highly Positively Skewed Risk-Reward Ratio.” Key Highlights include: Highly skewed risk-reward ratio: The company's market cap is around $5 million, so the risk-reward is highly skewed: it is the full share price to the downside or many multiples of that to the upside, should they ultimately succeed. Company product has been gaining traction: the company has revenues- up 4X year-over-year at $400k in H1 2023, albeit not yet profitable, with 3,000 customer installations as of August 2023 – up 70% in 5 months. Until the end of 2022, the product was only being sold in Israel. In 2023, SaverOne started selling throughout the world, and has started gaining solid traction in Europe and has begun trials in the US. A solution to significant global problem: has over 20 patents for its solution to prevent a driver- and only the driver- from being distracted by their cellphone while driving. Just in the US, crashes where the driver was identified as being distracted resulted in over 10,000 fatalities, 1.3 million injuries, costing $100 billion in economic losses, and were 29% of all crash costs in the US in 2019. Read the full article here. Originally published at TalkMakets.com. TalkMarkets is a financial site that customizes, optimizes, and socializes content to ensure a personalized experience. For more information, please visit www.TalkMarkets.com Related Articles: SaverOne: Publicly Traded Tech Startup With Highly Positively Skewed Risk-Reward Ratio SaverOne Makes Solid Strides During 2023, Setting It Up For A Potentially Strong 2024 SaverOne Gains Rapid Traction With Its DDPS Solution More By This Author: TalkMarkets Announces Company Spotlight Featuring Evogene TalkMarkets Announces Company Spotlight Featuring Adamas One Biomica Announces Closing of $20 Million Financing Round led by Shanghai Healthcare Capital Contact Details TalkMarkets ir@talkmarkets.com Company Website https://www.TalkMarkets.com

December 19, 2023 10:07 AM Eastern Standard Time

ToolsGroup/Engage Alliances Summit 2023 Launches New Era for ToolsGroup and Its Global Partners

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, welcomed members of its partner ecosystem to the ToolsGroup/Engage Alliances Summit 2023 in Vienna, Austria. The event both reflected and drove the community’s momentum, articulating the company’s progress, expounding on strategic acquisitions and product updates, and continuing to nurture fruitful collaborations. One of the event highlights was the distribution of the ToolsGroup Partner Awards, recognizing partners who exemplify the collaborative mindset and industry expertise that catalyze successful supply chain transformation. “After an exciting period of change and growth, it was wonderful to gather again as a community to discuss the learnings and successes of the past year,” said ToolsGroup CEO, Inna Kuznetsova. “The energy and excitement is palpable as we look ahead to a future brimming with collaborative opportunities. We’re grateful to have such engaged and insightful partners, and together, we look forward to fulfilling our mission to make supply chain a force for good worldwide.” ToolsGroup congratulates the winners of the 2023 ToolsGroup Partner Awards. Global VAR of the Year: Awarded to Optilon for consistently demonstrating tenacity, expertise, and a commendable collaborative spirit. The company exhibits exceptional skill in harnessing ToolsGroup’s solutions and an unwavering commitment to supply chain optimization and operational efficiency. “Our holistic approach helps companies find unique solutions to complex supply chain challenges,” said Richard Barkevall, CEO. “Our 15-year partnership has been integral to the success of our customers, leveraging powerful ToolsGroup technology and our Nordic expertise to maximize business impact for organizations across the region.” Longest-Standing Partner: Awarded to Israel-based Rasner Logistic Software for its profound competence, partnership-driven attitude, and commitment to supply chain excellence. “Our thriving customer base relies on the innovations born of this partnership,” said Amnon Rasner, CEO. “We’re grateful for this recognition and look forward to continuing this tradition of mutual respect, collaboration, and innovation.” Best Referral Partner of the Year: Awarded to Italy-based Carpe Diem Valuenet, for driving customer value through their expertise, relationships, and tailored solutions. “Our partnership with ToolsGroup helps us equip our customers with the vital resources and solutions that effect successful supply chains,” said Federico Turco, Board Member. “This accolade reflects our shared mission to maximize value for our clients.” Rookie Partner of the Year: Awarded to one of ToolsGroup’s newest partners, Spain-based Lãberit, for its dedication to enhancing customers’ supply chain performance through technological innovation. “ToolsGroup’s machine learning and Lãberit’s consulting expertise is a powerful combination,” said Pablo Boix, SCM BU Manager. “We’re excited to develop this partnership further, transforming supply chains as we expand into new regions.” Most Challenging Partner Deal: Awarded to NTT DATA and LogicaMatrix for co-navigating one of the year’s most complex deals with finesse and commitment. According to Jukka Korpela, Business Consulting Managing Directors at NTT DATA, “Our membership in the ToolsGroup community empowers us to neutralize supply chain challenges by joining our data-driven strategies with other industry-leading supply chain experts. We’re grateful to ToolsGroup and LogicaMatrix for their collaborative efforts that helped us deliver a powerful solution to the customer.” Manoranjith Pathekkara, Leader, Digital Supply Chains at LogicaMatrix, added: “We are delighted to be part of the ToolsGroup community for the past nine years, contributing to the establishment of ToolsGroup's presence in this region. Our commitment involves delivering powerful, transformative solutions alongside consulting partners like NTT Data and to make significant impact and market reach. This collaborative network serves as a crucial avenue for accumulating and sharing industry expertise, enabling us to provide cutting-edge solutions that contribute to our customers' prosperity." Technology Partner of the Year: Awarded to Plannet-Warrant Hub for enabling smart decision-making through collaboration, commitment to innovation, and advanced software solutions. “It’s immensely satisfying to be honored with the Technological Partner of the Year award. This recognition reflects the unwavering commitment and expertise of the entire Plannet team, consistently navigating a path of continuous evolution. For our clients, it reaffirms the exceptional quality of the software solutions we deliver,” said Fabrizio Arnaldi, Head of Sales BU Digital Supply Chain of Plannet-Warrant Hub.” Emerging Market Partner of the Year: Awarded to One Forecast whose tireless dedication to introducing ToolsGroup technology to Australia and the ANZ region has been nothing short of extraordinary. “One Forecast’s drive is to bring our customers’ the world’s leading Supply Chain Planning technology and as such we’re thrilled to work alongside ToolsGroup in Australia and New Zealand,” said Leo van Rensburg, Managing Director One Forecast Pty Ltd. System Integrator of the Year: Awarded to EY for its dedication to leveraging ToolsGroup technology to neutralize the threat of market volatility while enhancing customer satisfaction and profitability. According to Andrea Mariani, Director, “At EY, our purpose is building a better working world. ToolsGroup’s powerful solutions, combined with our business and technological acumen, help us amplify supply chain benefits for companies worldwide, from more resilient business operations to a more robust bottom line.” Additional Resources: For more information on ToolsGroup’s partner program, click HERE. For a list of ToolsGroup’s accolades from customers and analysts alike, click HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

December 19, 2023 09:30 AM Eastern Standard Time

Image

Agora Data Revolutionizes Retail Auto at NADA 2024

Agora Data, Inc.

Agora Data, Inc., a fintech company transforming automotive financing for U.S. car dealerships by offering abundant, low-cost capital with precision loan performance data and analytics, will be attending and exhibiting at the National Automotive Dealer Association (NADA) Show. NADA 2024 is February 1-4 in Las Vegas at the Las Vegas Convention Center. Agora® will be present throughout the conference and at booth #6705N near the North Hall entrance. “Agora continues to expand our auto finance capabilities to help any car dealer build a revenue-generating non-prime auto loan portfolio by keeping customers in their ecosystem instead of passing the relationship and profits over to a bank,” said Brett Beebe, CRO of Agora Data. “Our innovative fintech approach generates additional revenue streams from auto loan payments, increasing profits beyond car sales and service departments.” Agora Data is revolutionizing the non-prime auto industry by offering capital and predictable performance of non-prime loans using advanced modeling and artificial intelligence (AI) to optimize loan portfolios and minimize risks. With Agora’s turnkey resources, including capital funding, legal structures, compliance, loan servicing, and technology efficiencies, a dealership can seamlessly and quickly build its non-prime auto loan portfolio. Dealers can easily improve portfolio performance by realizing revenue from the gross profit on cars and services and financing profit on loans. In December 2020, Agora Data made auto industry history by completing the first-ever crowdsourced non-prime auto securitization. This milestone achievement and succeeding private financing and other funding strategies provide auto dealers direct access to ample capital with favorable terms to help fuel their business. The company’s diversified capital financing resources open doors for car dealers to confidently gain access to a whole other consumer segment previously underserved. About Agora Data, Inc. Agora Data, Inc. is an automotive industry fintech revolutionizing financing for car dealers and finance companies. Car dealerships can secure affordable capital to build their own non-prime captive finance portfolio, obtain actionable loan performance data to support their lending portfolios and use a wide range of solutions to grow their business safely. Powered by patent pending artificial intelligence (AI) and machine learning technology, car dealers can access real-time data analytics and planning resources to help optimize the performance of their portfolios. For more information, visit www.agoradata.com or contact us at 1-877-592-4672. # # # Contact Details Shelly Vandeven media@agoradata.com Company Website https://agoradata.com/

December 19, 2023 08:06 AM Eastern Standard Time

Cepton Inc's Chief Commercial Officer Reveals Cost-Efficient Innovations and Strategic Partnerships

Cepton, Inc.

Mitch Hourtienne, Chief Commercial Officer at Cepton, Inc. (NASDAQ:CPTN), discussed the evolution of LiDAR technology in a recent interview. Over the past 15 years, LiDAR costs have significantly decreased, making it more accessible. Hourtienne highlighted Cepton Inc’s approach to cost efficiency, emphasizing their use of a low-cost base material and strategic supplier partnerships. Cepton Inc.’s choice of a 905 nanometer wavelength for their laser, based on widely available silicon, contributes to affordability. In contrast, other companies using a 1550 nanometer wavelength incur higher costs due to exotic materials. Hourtienne emphasized the importance of careful partner selection, citing a strong 100-year vision as a crucial factor. Cepton's commitment to innovation includes developing their own application-specific integrated circuit (ASIC) for high-volume, low-cost production. The interview showcases Cepton Inc.’s dedication to advancing LiDAR technology economically through strategic partnerships and innovative design choices. Contact Details Proactive United States Proactive United States +1 347-449-0879 action@proactiveinvestors.com

December 18, 2023 12:08 PM Eastern Standard Time

Video

News Release

Ocean Power Technologies secures new multi-million-dollar contract with U.S Government

Ocean Power Technologies Inc

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to announce a significant development for the company. Ocean Power Technologies has secured a letter contract from a US-based prime contractor for the delivery of multiple maritime domain awareness buoys, with a strong emphasis on national security and intelligence. Stratmann shared insights into this collaborative effort between OPT and the prime contractor, emphasizing the shared goal of providing multidomain marine solutions in support of US government agencies. OPT's PowerBuoy technology will serve as a cornerstone in enhancing surveillance capabilities both above and below the waterline, making a substantial contribution to maritime domain awareness initiatives. The current contract enables OPT to advance the preparation of multiple Next Generation PowerBuoy systems, with the expectation of receiving further details in the future. The integration of OPT's cutting-edge technology signifies a significant step forward in bolstering maritime surveillance efforts, ultimately enhancing security and safety within the maritime domain. This collaboration reinforces OPT's position as a key player in the development of innovative solutions that contribute to national security and intelligence efforts. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

December 12, 2023 01:35 PM Eastern Standard Time

Video

Contract Management Institute Announces New Governance Board

National Contract Management Association

National Contract Management Association’s (NCMA) Contract Management Institute (CMI), an institution dedicated to advancing the profession of contract management is thrilled to introduce its newly appointed Governance Board for the 2023-2024 term. These accomplished professionals will play a pivotal role in guiding the strategic direction of CMI and ensuring the organization's success. "Having had the privilege of working alongside these distinguished professionals throughout my career, I am absolutely thrilled and deeply proud to welcome them to the newly revitalized CMI," stated CMI's Executive Director and former Department of Homeland Security Chief Procurement Officer, Soraya Correa. "Their exceptional expertise and dedication will undoubtedly contribute to our shared vision, and I look forward to the extraordinary journey ahead." NCMA Chief Executive Officer, Kraig Conrad will become the Board Chair for CMI. He expressed his excitement, saying, "I am delighted and honored to serve as Chair for the Institute. CMI is poised to become an important extension of NCMA, providing valuable resources to elevate our profession. I look forward to our journey together and the positive impact we will make." Denyce Carter, the current Board Chair of NCMA, will be joining Kraig Conrad as a distinguished addition and Vice Chair to the CMI board. She said, "I look forward to being part of an initiative that identifies and creates ways to enhance contract management practices, ultimately improving the profession for the workforce and the broader acquisition community." Along with Mr. Conrad and Ms. Carter, the Governance Board includes several accomplished professionals – including three NCMA past Presidents – that bring a wealth of knowledge and experience to the CMI board, representing a diverse range of organizations from government agencies and industry leaders to top consulting firms. The full list includes: Amanda Christian, Senior Vice President of Subcontracts and Procurement at CACI International Inc. She is responsible for setting direction, policy, and procedures based upon corporate-level strategy, and ensuring that procurement and subcontracts personnel provide value and contribute to the overall success of the company. Amanda is a Past-President of NCMA and served on its Board of Directors for seven years. She is a Fellow and currently serves on the Board of Advisors. Alan Chvotkin, Partner at Centre Law Group where he specializes in federal government contracts law and its policies and practices, including counseling companies on a wide range of matters from contract formation and performance through disputes and claims. Mr. Chvotkin is a Fellow of NCMA and currently serves on its Board of Advisors. Kim Denver, Senior Vice President and Chief Contracts Executive at Leidos, leads a team of over 250 contracts professionals, overseeing a diverse portfolio of thousands of active contracts, and previously held a key role as Deputy Assistant Secretary of the Army for Procurement. Mr. Denver currently serves on NCMA’s Board of Advisors. Wendy Masiello is currently an independent consultant, having retired from the U.S. Air Force as a three-star general in July 2017. During her 36-year career with the Air Force, she served as director of the Defense Contract Management Agency; deputy assistant secretary (contracting), Office of the Assistant Secretary of the Air Force for Acquisition; and program executive officer for the Air Force’s $30 billion service acquisition portfolio. She is an NCMA Past-President, and currently a member of the Board of Directors for KBR Inc. and Board of Advisors for NCMA and the Public Spend Forum Debra Scheider is Vice President, Corporate Contracts for Lockheed Martin Corporation. She is responsible for leading the Corporations Contracting, Industrial Development, and Estimating work encompassing policies, strategies, training, and procedures across the Corporation. Ms. Scheider is Past-President of NCMA and served on its Board of Directors for nine years. She is a Fellow of NCMA and currently serves on the Board of Advisors. She is a Director for the Procurement Round Table. Karla Smith Jackson, currently serving as the Senior Procurement Executive, Deputy Chief Acquisition Officer, and Assistant Administrator for Procurement at NASA, is a seasoned professional with extensive expertise with more than three decades of federal contracting experience. Her noteworthy background is in program management, acquisition, and contract planning. She is currently a member of the NCMA Board of Directors. Charlie Williams, President, CWilliams, LLC., held a number of pivotal roles that significantly contributed to the field of contract management., Notably, he served as the Deputy Assistant Secretary, Contracting for the United States Air Force, Director of the Defense Contract Management Agency (DCMA), Commissioner on the Section 809 Panel, President of the NCMA Board of Directors, Chair of the NCMA Standards Consensus Body, a valued member of the NCMA Board of Advisors, and a distinguished Member of the NASA Advisory Council. CMI is dedicated to fostering excellence in contract management by conducting research, studies, and analyses that promote engagement, standards, professional development, and enhanced business practices. The new Governance Board will play a pivotal role in guiding the organization's strategic direction and ensuring the continued growth and success of CMI. For more information about the Institute and its Governance Board, please visit ncmahq.org/cmi. The National Contract Management Association (NCMA) – www.ncmahq.org – stands as the premier contract management organization whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums. Contact Details National Contract Management Association Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org

December 12, 2023 05:00 AM Eastern Standard Time

Image

News Release

First Phosphate signs MOU with Ultion Technologies for LFP and LFP Cathode

First Phosphate Corp.

First Phosphate Corp CEO John Passalacqua joined Steve Darling from Proactive to share shared significant news. The company has signed a memorandum of understanding (MOU) with Ultion Technologies, based in Las Vegas, Nevada, for the procurement of lithium iron phosphate (LFP) and lithium iron manganese phosphate (LFMP) cathode active material. Passalacqua provided insights into the scope of this MOU, revealing that the LFP technology covered by the agreement is already in production across two facilities. One facility boasts an impressive annual capacity of 10,000 tonnes, while the other can produce up to 50,000 tonnes annually. This extensive production capacity underscores the scale of the operation. To put the potential market value of 50,000 tonnes of LFP cathode active material into perspective, Passalacqua highlighted that it could range from US$625 million to US$1.25 billion, based on recent market price ranges. In addition to LFP, the MOU also encompasses LFMP technology, which is currently in development and being produced at a quantity of several tonnes per month. These developments showcase the strategic importance of First Phosphate Corp's partnership with Ultion Technologies, positioning the company to capitalize on the burgeoning demand for lithium-based materials in the rapidly expanding battery and clean energy sectors. This agreement reflects the company's commitment to providing essential materials for sustainable and renewable energy solutions while contributing to the growth of the global lithium supply chain. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

December 11, 2023 01:26 PM Eastern Standard Time

Video

AirConsole strikes strategic investment from KPIT Technologies to expand in-car gaming solution

AirConsole

Leading in-car gaming platform AirConsole (owned by N-Dream) has secured strategic investment from KPIT Technologies, an independent software integration partner to the automotive and mobility ecosystem to increase AirConsole’s lead in in-car gaming. The AirConsole in-car gaming solution was launched in new BMW vehicles earlier this year. With KPITs extensive experience in software development, integration and validation in Cockpit, Cloud and Connectivity domains, they are the ideal integration partner for N-Dream to scale the rollout of AirConsole to more models and brands. The innovative collaboration can be experienced at CES 2024, where KPIT will present their Cockpit of the Future together with AirConsole. Anthony Cliquot, CEO of N-Dream. “It's been a transformational year at AirConsole and in the industry. We have scaled our BMW partnership and have extended that to the MINI brand. Not only this, but we struck a partnership with Sony’s Who Wants To Be A Millionaire and will be launching the game in 2024. Now, working KPIT will take AirConsole to the next level. This investment will enable us to provide even more impressive games in the near future, increase our footprint in the automotive industry and overall establish ourselves as the ideal gaming solution for car makers and passengers. We look forward to CES 2024 where the world will get to see AirConsole in action.” KPIT’s equity investment in N-Dream will allow the company to grow their team, as well as enabling AirConsole to build out its game portfolio with well known gaming brands, creating more immersive experiences designed for the car. “Casual gaming is a fast-growing use case in a modern cabin. AirConsole is one of the industry’s early movers in the In-vehicle game aggregation space. KPIT is excited to strategically complement its software development and integration capabilities with AirConsole to realise new experiences for the Cockpit of the Future. Together, we will help OEM clients create monetizable Digital Services for existing vehicles and new launches”, said Mr. Pushpahas Joshi, EVP and member of the Executive Board at KPIT Technologies. The AirConsole in-car gaming solution allows passengers to play a diverse library of casual video games on the car’s entertainment system. AirConsole transforms the whole vehicle into a gaming console by using its surround sound system, big displays and interior lighting with smartphones as controllers. This unique experience is specifically designed for cars and catered to a broad audience from occasional players to hardcore gamers. “We are thrilled to have such a strong partner from the automotive industry. With autonomous driving, the way we commute will change forever. Together with KPIT we will spearhead in-car gaming, in a world where passengers will be able to spend much more time on entertainment.” says Andrin von Rechenberg, founder of N-Dream. AirConsole’s latest gaming software technology is able to run the games directly inside the vehicle and the service does not rely on streaming the games from the cloud, which would require more mobile bandwidth than is available in many cases. AirConsole is using smartphones to control the games, with each game having its own unique game controller design on the phone. Compared to controlling games with touch input on a flat head unit display, AirConsole is far more ergonomic, feels more natural and allows any passenger inside the car to participate in a multiplayer experience. About AirConsole AirConsole was founded in 2015 and is currently located in Zurich, Switzerland. AirConsole is the leading casual gaming platform for in-car entertainment. Its games are seamlessly played using smartphones as controllers while playing games on a big screen, eliminating the need for additional hardware. The Swiss gaming company recently launched a successful partnership with the BMW Group globally, making their games available in millions of vehicles. Over 18 million players have already played the AirConsole experience on TV and Web. For more details, https://corp.airconsole.com/ About KPIT KPIT Technologies is a global partner to the automotive and mobility ecosystem for making software-defined vehicles a reality. It is a leading independent software development and integration partner helping mobility leapfrog towards a clean, smart, and safe future. With 11,000+ automobelievers across the globe specialising in embedded software, AI, and digital solutions, KPIT accelerates its clients’ implementation of next-generation technologies for the future mobility roadmap. With engineering centers in Europe, the USA, Japan, China, Thailand, and India, KPIT works with leaders in automotive and mobility and is present where the ecosystem is transforming.For more details, visit https://www.kpit.com/ Contact Details AirConsole Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://corp.airconsole.com/

December 11, 2023 07:00 AM Eastern Standard Time

Image

Ilika passes another milestone in solid-state battery development race

Ilika PLC

Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graham Purdy speaks to Thomas Warner from Proactive after the innovative battery developer announced it has passed another development milestone with its Goliath program, achieving lithium-ion energy density parity. The company's share price has risen sharply on the news. Purdy explains the significance of the development and puts it in context, describing solid-state batteries as a rapidly expanding market. He says "its an interesting [development race], its not one of those races where the first person to cross the finishing line is the only person to get a medal. Its one of those races where actually participation is important, and the benefits of the different types of technology that are being used will be deployed in various sectors across the world, and in different markets." He goes on to reveal more about what investors can expect from Ilika in the new year, and trails a half-year trading update he expects to deliver in January 2024. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 11, 2023 06:56 AM Eastern Standard Time

Video

1 ... 23 24 25 26 27 ... 140