McKinsey & Company

World Mobile Launches Its AirNode Sales Platform in Reno Following a Successful Trial Process

Retrieved on: 
Wednesday, February 28, 2024

The launch of AirNode sales accelerates World Mobile's decentralized U.S. wireless network deployment, arriving on the heels of an accomplished pilot project in Reno, NV to enable users to earn rewards by connecting their local community

Key Points: 
  • Reno, Nevada--(Newsfile Corp. - February 28, 2024) - World Mobile , the first global mobile network powered by blockchain technology and the sharing economy, announces the global launch of its AirNode Sales Platform , enabling users to purchase an AirNode and reserve a deployment location anywhere in Reno, Nevada.
  • The trial also indicated the consistent demand for high-speed connectivity in Reno, with an AirNode garnering 130,000 network-attach attempts in one month alone.
  • "With our AirNode Sales Platform, we are revolutionizing the way people access and provide connectivity," says Micky Watkins, CEO of World Mobile.
  • "Our AirNode Sales Platform is a novel approach that integrates our decentralized AirNode infrastructure and our sharing economy concept," affirms James Tagg, Chief Architect at World Mobile.

Insider Unlocks $200 Million USD CARR as One of the Few Woman-founded B2B SaaS Unicorns on International Women’s Day

Retrieved on: 
Friday, March 8, 2024

Recognized as an industry leader by top analysts, Insider has firmly positioned itself amongst other record-breaking SaaS legends, surpassing $150M USD ARR to unlock $200M USD CARR at extraordinary speed.

Key Points: 
  • Recognized as an industry leader by top analysts, Insider has firmly positioned itself amongst other record-breaking SaaS legends, surpassing $150M USD ARR to unlock $200M USD CARR at extraordinary speed.
  • “When we founded Insider, our vision was to become the world’s most progressive and trusted technology platform for CX.
  • Unlocking $200M USD CARR is a remarkable milestone that demonstrates our vision is transpiring,” said Hande Cilingir, Co-Founder and CEO of Insider.
  • “Insider is becoming a generational company and the driving force behind the growth of the most recognized brands in existence.

Akari Therapeutics and Peak Bio Announce Definitive Agreement to Merge as Equals Creating an Expanded Pipeline That Features a Novel Antibody Drug Conjugate (ADC) Toolkit

Retrieved on: 
Tuesday, March 5, 2024

Following closing, the company will have an expanded pipeline that contains multiple compelling assets spanning early and late development stages.

Key Points: 
  • Following closing, the company will have an expanded pipeline that contains multiple compelling assets spanning early and late development stages.
  • An assessment of the pipeline is planned, including program prioritization, updated timelines, near-term value creation opportunities, and other considerations.
  • Key highlights of the merger include:
    The merged pipeline features a robust ADC toolkit with novel payload and linker technologies.
  • Goodwin Procter LLP is serving as legal advisor to Akari and DLA Piper LLP is serving as legal advisor to Peak Bio.

Akari Therapeutics and Peak Bio Announce Definitive Agreement to Merge as Equals Creating an Expanded Pipeline That Features a Novel Antibody Drug Conjugate (ADC) Toolkit

Retrieved on: 
Tuesday, March 5, 2024

Following closing, the company will have an expanded pipeline that contains multiple compelling assets spanning early and late development stages.

Key Points: 
  • Following closing, the company will have an expanded pipeline that contains multiple compelling assets spanning early and late development stages.
  • An assessment of the pipeline is planned, including program prioritization, updated timelines, near-term value creation opportunities, and other considerations.
  • Key highlights of the merger include:
    The merged pipeline features a robust ADC toolkit with novel payload and linker technologies.
  • Goodwin Procter LLP is serving as legal advisor to Akari and DLA Piper LLP is serving as legal advisor to Peak Bio.

NewHydrogen CEO Steve Hill Provides ThermoLoop™ Update

Retrieved on: 
Tuesday, March 5, 2024

SANTA CLARITA, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTCMKTS:NEWH), provided an update on its breakthrough ThermoLoop™ technology, which uses water and heat instead of electricity to produce the world’s cheapest green hydrogen. The company shared progress on its collaboration with the University of California Santa Barbara (UCSB) in developing the ThermoLoop™ technology.

Key Points: 
  • The company shared progress on its collaboration with the University of California Santa Barbara (UCSB) in developing the ThermoLoop™ technology.
  • “The demand for power is insatiable,” remarked Steve Hill, CEO of NewHydrogen.
  • Recently, OpenAI's CEO Sam Altman said an energy breakthrough is necessary for future artificial intelligence, which will consume vastly more power than people have expected.
  • For more information about NewHydrogen and its ThermoLoop™ technology, please visit https://newhydrogen.com/ .

Quantexa Strengthens Advisory Board with the Appointment of Boon Hui Khoo

Retrieved on: 
Monday, March 4, 2024

LONDON, March 04, 2024 (GLOBE NEWSWIRE) -- - Quantexa, the global leader in Decision Intelligence (DI) solutions for the public and private sectors, today announced it has appointed a new Advisory Board member, Boon Hui Khoo. Boon Hui, former INTERPOL President, and Senior Deputy Secretary for the Singapore Ministry of Home Affairs, brings a wealth of public sector experience in global security and law enforcement leadership to Quantexa. With this appointment, Boon Hui joins other distinguished industry luminaries with expertise spanning technology, finance, healthcare, and national security as part of Quantexa’s Advisory Board.

Key Points: 
  • With this appointment, Boon Hui joins other distinguished industry luminaries with expertise spanning technology, finance, healthcare, and national security as part of Quantexa’s Advisory Board.
  • The expansion of Quantexa’s Advisory Board comes at a pivotal time of momentum for the organization, following a successful year of investment.
  • Boon Hui Khoo joins Quantexa’s Advisory board with 10 years of experience in providing strategic advice to companies on cyber security, policing, and financial crime.
  • Vishal Marria, CEO and Founder, Quantexa, said: “We are pleased to welcome Boon Hui Khoo to our advisory board at a critical time of growth for the business in the APAC region and beyond.

Alta Equipment Group Appoints Sidhartha Nair as Director

Retrieved on: 
Monday, February 26, 2024

LIVONIA, Mich., Feb. 26, 2024 (GLOBE NEWSWIRE) -- On February 22, 2024, Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, increased the size of the Board of Directors (the “Board”) from five to six directors and subsequently appointed Sidhartha Nair to the Board, effective immediately.

Key Points: 
  • LIVONIA, Mich., Feb. 26, 2024 (GLOBE NEWSWIRE) -- On February 22, 2024, Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, increased the size of the Board of Directors (the “Board”) from five to six directors and subsequently appointed Sidhartha Nair to the Board, effective immediately.
  • Mr. Nair, age 52, is the Head of Strategy, Americas Region, for Mercedes-Benz Mobility and leads Strategic and Transformation activities in the U.S., Canada and Mexico since December 2021.
  • Mr. Nair holds a MBA from the University of Michigan, Ross School of Business and a Masters in Engineering from Purdue University.
  • I look forward to the contributions he will make as part of the Alta family.”
    I am excited to join the Board of Alta and be part of its rapidly expanding growth and position in the market,” said Mr. Nair.

FS Vector Adds Ashwin Vasan as a Senior Advisor

Retrieved on: 
Tuesday, March 5, 2024

Leading regulatory advisory firm FS Vector (FSV) today announced that Ashwin Vasan has joined the firm as a Senior Advisor.

Key Points: 
  • Leading regulatory advisory firm FS Vector (FSV) today announced that Ashwin Vasan has joined the firm as a Senior Advisor.
  • Mr. Vasan was most recently Associate Director of Research, Monitoring and Regulations at the Consumer Financial Protection Bureau (CFPB).
  • Ashwin’s experience gives him a unique perspective that will benefit FSV clients.”
    "I'm thrilled to join the outstanding team at FS Vector as a Senior Advisor to support their innovative clients on issues related to the ever-changing financial services landscape," said Vasan.
  • “Ashwin Vasan has that deep knowledge, that savviness, that wisdom — gleaned from years as a leader in both the public and private sectors.

Velsera Announces Appointment of Jamie Littlejohns as New Chief Executive Officer

Retrieved on: 
Tuesday, March 5, 2024

Velsera, a pioneering entity in the field of computational biology with a focus on advancing precision medicine, is delighted to formally announce the appointment of Jamie Littlejohns as its Chief Executive Officer, with his tenure commencing on the 1st of March, 2024.

Key Points: 
  • Velsera, a pioneering entity in the field of computational biology with a focus on advancing precision medicine, is delighted to formally announce the appointment of Jamie Littlejohns as its Chief Executive Officer, with his tenure commencing on the 1st of March, 2024.
  • Jamie is set to succeed Hans Cobben, who has served as the interim CEO and will revert to his position as Chairman of the Board at Velsera.
  • In his own words, Jamie says, "I am thrilled to be joining the wonderful team at Velsera.
  • Furthermore, his prior experience with both Summa and Velsera enables him to hit the ground running, providing continuity whilst injecting his unique energy into Velsera.

  Cloud Governance Meets GenAI in New Thought-Provoking White Paper from CoreStack

Retrieved on: 
Tuesday, March 5, 2024

CoreStack, a global multi-cloud governance provider, today announced that it has published a new white paper titled “Cloud Governance Meets a Powerful Ally in Generative AI,” the latest in a series of thought leadership publications focused on revolutionizing the cloud governance landscape.

Key Points: 
  • CoreStack, a global multi-cloud governance provider, today announced that it has published a new white paper titled “Cloud Governance Meets a Powerful Ally in Generative AI,” the latest in a series of thought leadership publications focused on revolutionizing the cloud governance landscape.
  • Co-authored by CoreStack’s Chief Strategy Officer, Robert Ford, and Director of Data Science, Scott Tucker, the white paper examines the role of GenAI in cloud governance.
  • Cloud management is about doing things right, whereas cloud governance is about doing the right things right.
  • Visit www.corestack.io/white-papers to download this white paper and more thought leadership from CoreStack.