MOU

Avanti Communications Signs Strategic Collaboration Agreement With Telesat as Part of New Multi-Orbit Strategy

Retrieved on: 
Wednesday, February 21, 2024

Avanti plans to incorporate Telesat’s Lightspeed™ services into its network to provide affordable, high quality broadband connectivity worldwide.

Key Points: 
  • Avanti plans to incorporate Telesat’s Lightspeed™ services into its network to provide affordable, high quality broadband connectivity worldwide.
  • Avanti is investing heavily in strategic partnerships and its managed services to meet customers’ requirements in an evolving industry where demand for capacity is growing.
  • Avanti’s first low-latency LEO constellation agreement will support the execution of Avanti’s new strategy, which is built on a “customer pull” vs. “technology push” model.
  • The collaboration will be optimised to serve the critical connectivity requirements of Avanti’s enterprise and government customers once the Telesat Lightspeed constellation is operational in 2027.

Curi Bio, Genetox, and DreamCIS Sign MOU for Strategic Collaboration on 3D Neuromuscular Junction Model for Botox Potency Assay

Retrieved on: 
Thursday, February 22, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240222795787/en/
    Curi Bio, Genetox, and DreamCIS Sign MOU for Strategic Collaboration on 3D Neuromuscular Junction Model for Botox Potency Assay (Photo: Business Wire)
    BoT is renowned for its therapeutic applications, including the treatment of chronic pain, autonomic disorders, congenital neuromuscular conditions, and cosmetic enhancements.
  • The project has supported Curi Bio’s development of a next-generation 3D human neuromuscular junction model used for disease modeling, for pharmaceutical and cosmetics potency assays, and for testing broad pathogenicity.
  • The project will deliver a functional potency assay for botox research and manufacture in a turnkey, scalable format.
  • With this MOU, Genetox shows its commitment to making Curi Bio’s NMJ-based potency assay a key part of BOTAONE’s manufacturing, quality control, and product release processes.

Renesas Announces Termination of Memorandum of Understanding and Tender Offer for Proposed Acquisition of Sequans

Retrieved on: 
Friday, February 23, 2024

The previously announced tender offer has also been terminated by Renesas.

Key Points: 
  • The previously announced tender offer has also been terminated by Renesas.
  • As a result, Renesas exercised its right to terminate the MOU, and as a result of such termination, the tender offer has also been terminated.
  • As a result of the termination of the MOU and termination of the tender offer, no ordinary shares or ADSs of Sequans will be purchased by Renesas in the tender offer and all ordinary shares and ADSs previously tendered but not withdrawn will be promptly returned.
  • This communication constitutes a formal notification of the expiration of the tender offer and a formal notification that Renesas will not accept for purchase any ordinary shares or ADSs of Sequans tendered in connection with the tender offer.

Iveda and VinaFore, Authorized AI Solutions Provider to the Vietnamese Government, Partner for Multi-Million Dollar AI Security and Safety Solutions Mandated Across Vietnam

Retrieved on: 
Thursday, February 22, 2024

These projects are currently in the design phases and are anticipated to be multi-million-dollar undertakings for 2024 and over the course of the next several years.

Key Points: 
  • These projects are currently in the design phases and are anticipated to be multi-million-dollar undertakings for 2024 and over the course of the next several years.
  • “Last year was spent laying critical groundwork alongside VinaFore; now, 2024 is slated to be a year of massive growth and implementation for Iveda across Vietnam,” said David Ly, Iveda CEO and founder.
  • Iveda and VinaFore are currently working with the customer to actively train vumastAR’s customizable AI technology for a variety of automated inspection tasks.
  • At the event, Iveda will demonstrate the technology’s capabilities to thousands of major manufacturers throughout the greater Southeast Asian region.

Barnes Aerospace Unveils New Facility in Singapore to Increase Engine Component Repair Capacity

Retrieved on: 
Wednesday, February 21, 2024

In the face of critical aerospace engine component repair capacity constraints within the aerospace industry, Barnes Aerospace is excited to announce that it has added a new component repair facility in Singapore.

Key Points: 
  • In the face of critical aerospace engine component repair capacity constraints within the aerospace industry, Barnes Aerospace is excited to announce that it has added a new component repair facility in Singapore.
  • Barnes Aerospace’s component repair capacity to support customers’ needs in the region will increase, as does the facility footprint by approximately 50%.
  • This strategic expansion marks a significant milestone for Barnes Aerospace as it enhances its capacity to provide cutting-edge aerospace engine component repair services in the heart of the Asia-Pacific region.
  • “We welcome the expansion by Barnes Aerospace, which further solidifies Singapore as a global node for aerospace manufacturing as well as maintenance, repair and overhaul (MRO).

NetDragon Forges Strategic Partnerships to Revolutionise Human Capability in Saudi Arabia

Retrieved on: 
Thursday, March 7, 2024

This landmark conference, attracting registrants from upwards of 100 nations, has established a benchmark for global initiatives aimed at unlocking human potential.

Key Points: 
  • This landmark conference, attracting registrants from upwards of 100 nations, has established a benchmark for global initiatives aimed at unlocking human potential.
  • Dr. Simon Leung, Vice Chairman of NetDragon, remarked, "We are deeply honoured and thrilled to support Saudi Arabia's progressive vision for its educational sector.
  • Dr. Dejian Liu, Chairman of NetDragon, commented, "We are extremely excited to take part in the compelling growth journey within the Kingdom of Saudi Arabia.
  • Our initiatives in Saudi Arabia represent an integral part of our commitment to leveraging technology to unlock the potential of learners.

SHINE Technologies Selects Deep Isolation as its Technology Provider for High-Level Waste Storage and Disposal

Retrieved on: 
Thursday, March 7, 2024

Under this agreement, SHINE and Deep Isolation will collaborate and exchange critical information for the use of Deep Isolation's Universal Canister System (UCS) and patented directional drilling solution for deep borehole disposal for isolation and management of high-level waste.

Key Points: 
  • Under this agreement, SHINE and Deep Isolation will collaborate and exchange critical information for the use of Deep Isolation's Universal Canister System (UCS) and patented directional drilling solution for deep borehole disposal for isolation and management of high-level waste.
  • The study also identified areas where further technical work could optimize Deep Isolation's technology for the remaining waste, reducing disposal costs even further.
  • Deep Isolation has proven they have a realistic and reasonable solution for the disposal of these wastes, among others as needed.
  • Integrating Deep Isolation's disposal technology with SHINE's recycling technology offers a powerful solution."

NetDragon Forges Strategic Partnerships to Revolutionise Human Capability in Saudi Arabia

Retrieved on: 
Thursday, March 7, 2024

This landmark conference, attracting registrants from upwards of 100 nations, has established a benchmark for global initiatives aimed at unlocking human potential.

Key Points: 
  • This landmark conference, attracting registrants from upwards of 100 nations, has established a benchmark for global initiatives aimed at unlocking human potential.
  • Dr. Simon Leung, Vice Chairman of NetDragon, remarked, "We are deeply honoured and thrilled to support Saudi Arabia's progressive vision for its educational sector.
  • Dr. Dejian Liu, Chairman of NetDragon, commented, "We are extremely excited to take part in the compelling growth journey within the Kingdom of Saudi Arabia.
  • Our initiatives in Saudi Arabia represent an integral part of our commitment to leveraging technology to unlock the potential of learners.

Liquid C2 partners with Google Cloud and Anthropic to bring advanced cloud, cyber security and generative AI capabilities to Africa

Retrieved on: 
Wednesday, March 6, 2024

Liquid C2 is set to be one of Google Cloud's largest Managed Security Service Providers (MSSPs) in Africa, combining Google Cloud's leading security solutions with Liquid C2's expertise and vision in offering comprehensive security consulting.

Key Points: 
  • Liquid C2 is set to be one of Google Cloud's largest Managed Security Service Providers (MSSPs) in Africa, combining Google Cloud's leading security solutions with Liquid C2's expertise and vision in offering comprehensive security consulting.
  • In addition, the collaboration enables Liquid C2 to bring the capabilities of both Google Cloud and Anthropic's AI models to its customers via Google Cloud's Vertex AI platform, helping businesses develop and deploy solutions quickly within their cloud environments.
  • As a strategic partner of Google Cloud's innovative solutions in Africa, Liquid C2 will also deliver Google Workspace to customers across the continent.
  • Daniela Amodei, President of Anthropic, said: "We're excited to partner with Liquid C2 and Google Cloud, bringing frontier AI to businesses across Africa.

KIA MAKES UNEXPECTED DEBUT at WORK TRUCK WEEK

Retrieved on: 
Friday, March 1, 2024

IRVINE, Calif., March 1, 2024 /PRNewswire/ -- Kia America is making its Work Truck Week debut at the Indiana Convention Center in Indianapolis March 6-7, 2024.

Key Points: 
  • IRVINE, Calif., March 1, 2024 /PRNewswire/ -- Kia America is making its Work Truck Week debut at the Indiana Convention Center in Indianapolis March 6-7, 2024.
  • Kia will exhibit concept models of two Platform Beyond Vehicles (PBVs) - the PV5 and the PV7.
  • Headquartered in Irvine, California, Kia America continues to top automotive quality surveys.
  • Kia is recognized as one of the TIME100 Most Influential Companies of 2023.