GEM

Biban 2023: Saudi Arabia’s largest SME conference hosts final round of Entrepreneurship World Cup and other major highlights

Retrieved on: 
Thursday, March 2, 2023

Biban , Saudi Arabia’s largest start-up, SME, and entrepreneurship conference, takes place between March 9 and March 13, 2023, at the Riyadh Front Exhibition & Conference Center.

Key Points: 
  • Biban , Saudi Arabia’s largest start-up, SME, and entrepreneurship conference, takes place between March 9 and March 13, 2023, at the Riyadh Front Exhibition & Conference Center.
  • This year, international audiences will benefit from more highlights than ever before, with the forum strongly positioned to foster tangible opportunities.
  • Biban 2023 will host the Global Finals of the Entrepreneurship World Cup (EWC), one of the biggest and most diverse start-up pitch competitions and support programs of its kind.
  • At Biban 2023, international guests can network and collaborate with government authorities, entrepreneurs, and investors - from the Kingdom and beyond.

Motivation Excellence Wins Prestigious SITE Crystal Award Two Years in a Row

Retrieved on: 
Tuesday, February 21, 2023

SITE honored Motivation Excellence and our client partner, Farm Bureau Insurance of Michigan, for Excellence in Incentive Travel: Europe at their global conference in New York City this week.

Key Points: 
  • SITE honored Motivation Excellence and our client partner, Farm Bureau Insurance of Michigan, for Excellence in Incentive Travel: Europe at their global conference in New York City this week.
  • Motivation Excellence received the prestigious SITE Crystal award for incentive travel excellence a second year in row!
  • "Being recognized by SITE and the Crystal Award judges is always an amazing feat that reinforces our dedication to our clients and industry partners.
  • Motivation Excellence won the SITE Crystal Award last year for Most Creative Solution Deployed at a Time of Crisis for our program "GEM Club 2020: From Kauai to Concierge."

Core Industrial Partners Acquires GEM Manufacturing

Retrieved on: 
Tuesday, February 14, 2023

CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of GEM Manufacturing (“GEM” or the “Company”), a provider of precision deep drawn metal components and mechanical assemblies.

Key Points: 
  • CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of GEM Manufacturing (“GEM” or the “Company”), a provider of precision deep drawn metal components and mechanical assemblies.
  • GEM represents the fifth platform investment in CORE Industrial Partners Fund II, a $465 million fund closed in February 2021.
  • Founded in 1950, GEM utilizes vertical transfer and progressive die press technology to manufacture high-precision deep drawn components spanning from prototype through high-volume applications.
  • We believe CORE is an ideal fit, and we’re looking forward to working with CORE to further expand our capabilities and reach.”
    Matthew Puglisi, Partner at CORE said, “GEM’s broad manufacturing capabilities, extensive capacity, international reach, and collaborative, customer-oriented approach collectively form a compelling foundation as a new platform investment.

Giga Carbon Neutrality Inc., the Global Leader in Providing Open V2X Systems and Commercial Transportation Clean Energy Solutions, Secures USD500 Million SSF Capital Commitment From GEM

Retrieved on: 
Tuesday, February 7, 2023

Giga Carbon Neutrality Inc. (“GCN”) today announced a USD500 Million capital commitment from GEM Global Yield LLC SCS ("GEM"), the Luxembourg based private alternative investment group, in the form of a Share Subscription Facility (“SSF”).

Key Points: 
  • Giga Carbon Neutrality Inc. (“GCN”) today announced a USD500 Million capital commitment from GEM Global Yield LLC SCS ("GEM"), the Luxembourg based private alternative investment group, in the form of a Share Subscription Facility (“SSF”).
  • Under the agreement, GEM will provide GCN with a Share Subscription Facility of up to USD 500 Million of GCN’s common stock.
  • Martin Wade, Chairman of GCN, commented: “The world is embracing rapid industrial transformation brought about by new energy systems and their integration into various industry sectors.
  • The SSF will allow us to finance cutting-edge technology capabilities and substantial expansion of service platform and sales.”

Entrepreneur Harry Massey Launches Energy4Life – A Cutting-Edge, Biotech Company

Retrieved on: 
Wednesday, February 8, 2023

Successful entrepreneur and human bioenergetics expert Harry Massey, announced his latest company, Energy4Life, has been created and designed to help people better manage and master their emotional and physical energy.

Key Points: 
  • Successful entrepreneur and human bioenergetics expert Harry Massey, announced his latest company, Energy4Life, has been created and designed to help people better manage and master their emotional and physical energy.
  • View the full release here: https://www.businesswire.com/news/home/20230206005496/en/
    “Collectively, we’re more stressed out, burned out, and chronically fatigued than ever before,” explained Massey, founder and CEO.
  • Our goal is to help people improve their performance, enhance their quality of life, and lead happier, healthier, and more vibrant lives,” said Massey.
  • For more information on Energy4Life and the GEM wearable, visit energy4life.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20230206005496/en/

Automotive Hypervisor Global Market Report 2023: Increased Complexity of Electrical/Electronic Architecture in Modern Vehicles Boosts Growth

Retrieved on: 
Friday, February 17, 2023

Due to the rise in the penetration of V2V, V2I features, demand in the hypervisor market is expected to rise.

Key Points: 
  • Due to the rise in the penetration of V2V, V2I features, demand in the hypervisor market is expected to rise.
  • The hypervisor technology is expected to play a key role in the evolution of autonomous vehicles and mobility services.
  • The adoption of electronic components in vehicles has increased rapidly during the last two decades and the pace is expected to accelerate further.
  • Thus, the demand for electronics has increased at a rapid pace in the automotive industry, which, in turn, is expected to drive the growth of the market.

Entrepreneur Harry Massey Launches Energy4Life - A Cutting-Edge, Biotech Company

Retrieved on: 
Wednesday, February 8, 2023

PARK CITY, Utah, Feb. 8, 2023 /PRNewswire/ -- Successful entrepreneur and human bioenergetics expert Harry Massey, announced his latest company, Energy4Life, has been created and designed to help people better manage and master their emotional and physical energy.

Key Points: 
  • "Collectively, we're more stressed out, burned out, and chronically fatigued than ever before," explained Massey, founder and CEO.
  • "These factors can lead to lower productivity, less efficiency, reduced happiness, and can increase our risks for developing serious diseases."
  • By using cutting-edge, bioenergetics technology, Massey's company will launch the GEM, a wearable device combined with a subscription service later this year.
  • Our goal is to help people improve their performance, enhance their quality of life, and lead happier, healthier, and more vibrant lives," said Massey.

Genasys Inc. Awarded Contract to Provide Critical Notifications to Aramco

Retrieved on: 
Thursday, February 9, 2023

SAN DIEGO, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions that help protect and keep people safe, today announced a contract with Aramco for Genasys Emergency Management (GEM) enterprise services. Genasys was awarded the contract by Aramco over other leading mass notification software providers as a result of a competitive bidding process.

Key Points: 
  • SAN DIEGO, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions that help protect and keep people safe, today announced a contract with Aramco for Genasys Emergency Management (GEM) enterprise services.
  • Genasys was awarded the contract by Aramco over other leading mass notification software providers as a result of a competitive bidding process.
  • Richard Danforth, Chief Executive Officer, Genasys Inc. said, "This award from one of the world's leading companies is a significant win for Genasys and our emergency management Software-as-a-Service (SaaS).
  • Under the contract, Aramco will use GEM to create, manage, and deliver geo-targeted, multichannel notifications to employees if risk is detected."

Genasys Inc. Reports Fiscal First Quarter 2023 Financial Results

Retrieved on: 
Thursday, February 9, 2023

Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, "We are off to a strong start in fiscal year 2023 with our largest SaaS bookings quarter to date.

Key Points: 
  • Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, "We are off to a strong start in fiscal year 2023 with our largest SaaS bookings quarter to date.
  • Mr. Danforth added, "In what is typically our slowest quarter, fiscal first quarter revenue was $10.5 million, in-line with our expectations.
  • Fiscal first quarter revenue was $10.5 million, a decrease of 2% from $10.7 million in the prior year's quarter.
  • Management will host a conference call to discuss the financial results for the first quarter of fiscal year 2023 this afternoon at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time.

Genasys Inc. Announces New and Follow-On Public Safety Emergency Warning Systems Orders

Retrieved on: 
Wednesday, February 1, 2023

The Integrated Mass Notification System (IMNS) installations will be powered by Genasys Emergency Management (GEM) software-as-a-service (SaaS).

Key Points: 
  • The Integrated Mass Notification System (IMNS) installations will be powered by Genasys Emergency Management (GEM) software-as-a-service (SaaS).
  • The expanded network and the city's use of our Zonehaven evacuation platform will provide residents and students more emergency warning coverage and notification channels during public safety threats."
  • Brendan Manning, Emergency Operations Coordinator, City of Laguna Beach Fire Department, said, "Our alert and warning plan uses text messages, social media, and outdoor warning system speakers from Genasys.
  • Mr. Danforth added, “Genasys has provided highly effective emergency warning service for Mill Valley, CA since 2019, when the city replaced it's 'air raid' style sirens with clear voice IMNS installations.