Joint venture

FusionEdge Solutions: A Joint Venture Between TechSur Solutions and REI Systems

Retrieved on: 
Thursday, August 31, 2023

WASHINGTON, Aug. 31, 2023 /PRNewswire/ -- TechSur Solutions and REI Systems are thrilled to announce the formation of FusionEdge Solutions, a Joint Venture created to support their recent, SBA-approved Mentor-Protege Agreement.

Key Points: 
  • WASHINGTON, Aug. 31, 2023 /PRNewswire/ -- TechSur Solutions and REI Systems are thrilled to announce the formation of FusionEdge Solutions, a Joint Venture created to support their recent, SBA-approved Mentor-Protege Agreement.
  • Rupinder Yadav, President of TechSur Solutions, shares her vision for the JV, stating, "TechSur Solutions has always been committed to providing our clients with advanced technical solutions and emerging technologies.
  • REI Systems CEO, Shyam Salona states, "REI Systems has a long-standing history of supporting government agencies with robust, large-scale IT solutions.
  • This partnership with TechSur Solutions, culminating in the creation of FusionEdge Solutions, opens new avenues for innovation and enhanced service delivery.

Mercedes-Benz to open its first high-power charging stations worldwide this fall

Retrieved on: 
Monday, August 28, 2023

Mercedes-Benz opens its first high-power charging stations this fall, implementing its far-reaching plans to expand its global charging infrastructure.

Key Points: 
  • Mercedes-Benz opens its first high-power charging stations this fall, implementing its far-reaching plans to expand its global charging infrastructure.
  • (Photo: Business Wire)
    With this charging network, Mercedes-Benz sets new standards for fast, convenient and sustainable charging of electric vehicles.
  • Depending on the region, the charging stations offer a charging rate of currently up to 400 kW, provided via the respective standard charging systems CCS1, CCS2, NACS and GB/T.
  • The Mercedes-Benz charging network will be seamlessly integrated and will complement the more than 1.3 million charging points to which users already have access worldwide.

AIShield and DEKRA forge partnership to secure AI systems of the world

Retrieved on: 
Monday, August 21, 2023

BENGALURU, India, Aug. 21, 2023 /PRNewswire-PRWeb/ -- AIShield, a Bosch startup with a globally recognized AI Application Security product, is thrilled to announce a partnership with DEKRA, one of the world's leading testing, inspection, and certification (TIC) companies. This collaboration is aimed at strengthening the security of AI models and systems through advanced training, assessment, and protection, resulting in the deployment of trustworthy AI models and systems. Both organizations are deeply committed to the principles of safe, secure and trustworthy AI with a special focus on AI security, including adherence with the EU AI Act, NIST AI RMF, and other relevant standards and regulations while releasing implementations of MITRE ATLAS and ENISA's recommendation.

Key Points: 
  • The collaboration aims to enhance the security of AI models and systems through advanced training, assessment, and protection, ensuring the deployment of trustworthy AI models and systems.
  • The partnership will focus on AI security and adherence to relevant standards and regulations, including the EU AI Act, NIST AI RMF, and MITRE ATLAS and ENISA's recommendations.
  • AIShield will provide the technology for security testing and evaluation of AI models, while DEKRA will leverage its expertise in testing and certification.
  • This collaboration is aimed at strengthening the security of AI models and systems through advanced training, assessment, and protection, resulting in the deployment of trustworthy AI models and systems.

Appia Signs Definitive Agreement to Acquire up to a 70% Interest in Ionic Clay Project, Brazil

Retrieved on: 
Friday, June 9, 2023

"Brazil is emerging as a significant source of rare earths contained in ionic clays, and Appia's PCH project will further enhance this potential.

Key Points: 
  • "Brazil is emerging as a significant source of rare earths contained in ionic clays, and Appia's PCH project will further enhance this potential.
  • Appia will acquire incremental vested interests in the Company upon completion of specific expenditure requirements pursuant to the terms of the Definitive Agreement.
  • The Quotaholders Agreement will act as a unanimous shareholders agreement and a joint venture agreement with respect to the further exploration and development of the Property.
  • Thereafter, Appia shall hold the Earned Interest in the Company and Antonio shall hold 100% minus the Earned Interest in the Company.

InvestmentPitch Media Video Discusses Platinex and its Launch of Exploration Programs for its South Timmins Mining Joint Venture Properties, in the Timmins, Ontario Mining Camp

Retrieved on: 
Friday, August 4, 2023

VANCOUVER, British Columbia, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Platinex Inc (CSE:PTX) (OTCPink:PANXF) (FSE:9PX) has launched exploration programs for its South Timmins Mining Joint Venture properties, in the Timmins, Ontario mining camp.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Platinex Inc (CSE:PTX) (OTCPink:PANXF) (FSE:9PX) has launched exploration programs for its South Timmins Mining Joint Venture properties, in the Timmins, Ontario mining camp.
  • The South Timmins Mining Joint Venture includes the Shining Tree, Heenan, and Mallard gold projects, following the formation of a joint venture with Fancamp Exploration (TSXV:FNC), which closed in March.
  • If the link is not available, please visit www.InvestmentPitch.com and enter “Platinex” in the search box.
  • Both companies contributing properties to the new joint venture, with Platinex holding a 75% interest and Fancamp holding a 25% interest.

Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab

Retrieved on: 
Wednesday, August 2, 2023

DENVER, Aug. 2, 2023 /PRNewswire/ -- Voyager Space (Voyager), a global leader in space exploration, and Airbus Defence and Space (Airbus), the largest aeronautics and space company in Europe, today announced an agreement paving the way for a transatlantic joint venture to develop, build, and operate Starlab, a commercial space station planned to succeed the International Space Station. The US-led joint venture will bring together world-class leaders in the space domain, while further uniting American and European interests in space exploration.

Key Points: 
  • Joint Venture to serve as a commercial successor for the International Space Station, ensuring continued US and European collaboration in space
    DENVER, Aug. 2, 2023 /PRNewswire/ -- Voyager Space (Voyager), a global leader in space exploration, and Airbus Defence and Space (Airbus), the largest aeronautics and space company in Europe, today announced an agreement paving the way for a transatlantic joint venture to develop, build, and operate Starlab, a commercial space station planned to succeed the International Space Station.
  • The US-led joint venture will bring together world-class leaders in the space domain, while further uniting American and European interests in space exploration.
  • "We are proud to charter the future of space stations with Airbus," says Matthew Kuta, President at Voyager Space.
  • In addition to the US entity, Starlab will have a European joint venture subsidiary to directly serve the European Space Agency (ESA) and its member state space agencies.

Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab

Retrieved on: 
Wednesday, August 2, 2023

DENVER, Aug. 2, 2023 /PRNewswire/ -- Voyager Space (Voyager), a global leader in space exploration, and Airbus Defence and Space (Airbus), the largest aeronautics and space company in Europe, today announced an agreement paving the way for a transatlantic joint venture to develop, build, and operate Starlab, a commercial space station planned to succeed the International Space Station. The US-led joint venture will bring together world-class leaders in the space domain, while further uniting American and European interests in space exploration.

Key Points: 
  • Joint Venture to serve as a commercial successor for the International Space Station, ensuring continued US and European collaboration in space
    DENVER, Aug. 2, 2023 /PRNewswire/ -- Voyager Space (Voyager), a global leader in space exploration, and Airbus Defence and Space (Airbus), the largest aeronautics and space company in Europe, today announced an agreement paving the way for a transatlantic joint venture to develop, build, and operate Starlab, a commercial space station planned to succeed the International Space Station.
  • The US-led joint venture will bring together world-class leaders in the space domain, while further uniting American and European interests in space exploration.
  • "We are proud to charter the future of space stations with Airbus," says Matthew Kuta, President at Voyager Space.
  • In addition to the US entity, Starlab will have a European joint venture subsidiary to directly serve the European Space Agency (ESA) and its member state space agencies.

Quarterly Activities Report

Retrieved on: 
Monday, July 31, 2023

TORONTO, July 31, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • The Company released its third annual Sustainability Report for 2022 and held a successful Annual General Meeting (AGM).
  • During the Quarter, Xanadu outlined an updated corporate strategy, released its third annual Sustainability Report for 2022 and held its Annual General Meeting.
  • On 4 May 2023, Xanadu issued its third annual Sustainability Report for 2022, highlighting our commitment to responsible and transparent ESG.11 This report further expanded disclosure and continued Xanadu’s ESG journey to be a leader in sustainable exploration.
  • Xanadu’s Annual General Meeting (AGM) was held on 29 May 2023 with resolutions including the following:
    Key activities planned during the quarter ending 30 September 2023 (September Quarter) include:
    Infill drilling for the Kharmagtai PFS including, Metallurgy and Geotechnical.

Rover Metals Receives $153,000 Grant for IML Critical Minerals Project, NT, Canada

Retrieved on: 
Thursday, July 27, 2023

The IML Vulcanic Massive Sulphide project has had exploration dating back to the 1940s and has a historical resource spread across four zones on the project.

Key Points: 
  • The IML Vulcanic Massive Sulphide project has had exploration dating back to the 1940s and has a historical resource spread across four zones on the project.
  • Rover Metals is seeking Joint Venture partners to option the project in 2024 for drilling.
  • Judson Culter, CEO at Rover Metals, states, “Zinc, Copper, and Lithium are on the Canadian Government’s Critical Minerals List, and have been prioritized for development.
  • We’re thrilled the Government of the Northwest Territories has selected the IML project for grant funding.

Eagle Materials Reports Record First Quarter Results With 24% EPS Growth

Retrieved on: 
Thursday, July 27, 2023

Eagle Materials Inc. (NYSE: EXP) today reported financial results for the first quarter of fiscal 2024 ended June 30, 2023. Notable items for the quarter are highlighted below.

Key Points: 
  • Eagle Materials Inc. (NYSE: EXP) today reported financial results for the first quarter of fiscal 2024 ended June 30, 2023. Notable items for the quarter are highlighted below.
  • During the quarter, we reached an important milestone in the production of Portland Limestone Cement, surpassing 50% across our system.
  • We completed the acquisition of a cement import terminal in northern California that further strengthens our competitive position in that market.
  • Residential construction activity remains resilient as the market balances interest rate-related affordability challenges with chronic supply shortages and strong demand.