FFG

Anyline Advancing AI Development with Major Funding from Austrian Research Promotion Agency

Retrieved on: 
Tuesday, March 26, 2024

VIENNA, March 26, 2024 /PRNewswire-PRWeb/ -- Anyline, a global leader in AI-enabled mobile data capture and data insights, today announced that it received €2.64 million euros administered through the Austrian research promotion agency – Österreichische Forschungsförderungsgesellschaft (FFG) – as a public grant over the last three years to fund research and development of Closed Loop Training (CLT) for Artificial Intelligence (AI) models that speed the time to accurately capture and digitize analog information.

Key Points: 
  • This funding is boosting our tech and validates our vision.
  • Thanks to FFG we've reinvented our tech stack, industrialized and automated our AI training models, and can deploy solutions faster," says Christian Pichler, CTO at Anyline.
  • Think about it as a smart, continuously improving methodology to increase the accuracy of AI models.
  • The result of CLT is that creating accurate data capture solutions using AI models and computer vision has been shortened from months to days.

Square Enix-Backed Atlas Secures $4.5M Grant To Power 3D Generative AI Innovation

Retrieved on: 
Wednesday, February 7, 2024

LOS ANGELES, Feb. 7, 2024 /PRNewswire/ -- In a significant stride for 3D generative AI, Vienna-based Atlas, a vanguard in genAI and 3D asset creation, has been awarded a $4.5M grant from The Austrian Research Promotion Agency (FFG). The funding is set to supercharge the company's R&D initiatives, further propelling its mission to revolutionize the creation of virtual worlds and gaming experiences in collaboration with world-class game developers and brands.

Key Points: 
  • "Receiving this grant signifies trust and belief in Atlas's 3D generative AI innovation, not just as a participant in the space, but as the leader," said Ben James, CEO & Founder, Atlas.
  • The competitive grant is given to companies driving high-impact innovations with the potential to create new markets or disrupt existing ones.
  • By prioritizing ethical AI practices at every turn, Atlas simultaneously ensures partner data integrity while unlocking new efficiencies and expanding the horizons of 3D generative AI.
  • Atlas has also previously received funding from grants dedicated to building AI technology in alignment with the European Union's High-Level Expert Group on Trustworthy AI in 2020.

Aztec Software Acquires Financial Fitness Group

Retrieved on: 
Tuesday, February 6, 2024

MORRISTOWN, N.J., Feb. 6, 2024 /PRNewswire/ -- Aztec Software ("Aztec"), an educational software company focused on helping adults make generational change through academic upskilling, workforce and job-specific certification preparation, and wealth management and financial literacy programming, today announced that it has acquired Financial Fitness Group ("FFG"), a provider of industry-leading interactive financial wellness solutions. FFG will be combined with iGrad, an Aztec brand and award-winning, web-based financial literacy platform that provides lifetime personalized financial wellness education. The combination brings together two highly complementary businesses with a shared mission to enrich lives by making financial education personal, easy, effective, and enjoyable.

Key Points: 
  • MORRISTOWN, N.J., Feb. 6, 2024 /PRNewswire/ -- Aztec Software ("Aztec"), an educational software company focused on helping adults make generational change through academic upskilling, workforce and job-specific certification preparation, and wealth management and financial literacy programming, today announced that it has acquired Financial Fitness Group ("FFG"), a provider of industry-leading interactive financial wellness solutions.
  • FFG will be combined with iGrad, an Aztec brand and award-winning, web-based financial literacy platform that provides lifetime personalized financial wellness education.
  • Financial Fitness Group is a leading FINRA-reviewed financial content provider that helps thousands of advisors and financial service firms attract, build, educate, and cultivate relationships with their clients.
  • "Financial advisors play a critical role helping individual investors of all ages navigate an increasingly sophisticated financial landscape, and their expertise is invaluable in helping clients make informed financial decisions," said Joe Saari, Founder and Chairman of the Financial Fitness Group.

EQS-News: G.ST Antivirals reports positive Phase I trial results for 2-Deoxy-D-glucose against upper respiratory infections

Retrieved on: 
Tuesday, January 30, 2024

Results of the Phase I trial demonstrated that an intranasal administration of 2-DG is safe, well tolerated and does not lead to any serious adverse events (SAEs).

Key Points: 
  • Results of the Phase I trial demonstrated that an intranasal administration of 2-DG is safe, well tolerated and does not lead to any serious adverse events (SAEs).
  • Alongside these clinical results, the company has raised funds totalling over EUR 6 million to complete the Phase II clinical trial.
  • “The results of the Phase I trial confirm the safety of our innovative approach of using 2-DG to treat respiratory infections.
  • “While viral infections of the upper respiratory tract are ubiquitous, they are currently insufficiently treated, and RVs are responsible for most of these infections.

Fairbanks Morse Defense Expands Product Portfolio With American Fan Acquisition

Retrieved on: 
Monday, October 30, 2023

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired American Fan , a leader in axial and centrifugal fan technology .

Key Points: 
  • Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired American Fan , a leader in axial and centrifugal fan technology .
  • “Now more than ever, Fairbanks Morse Defense remains committed to expanding our growing array of OEM equipment to ensure that our fleet is always mission-ready,” said George Whittier, FMD CEO.
  • They are utilized in a broad range of onboard air-moving applications , from compartment ventilation to gas turbine air supply .
  • “American Fan and Fairbanks Morse Defense customers rely on us to deliver quality, speed, and expertise, and we have a shared commitment to exceeding these expectations for every customer engagement,” said American Fan General Manager Paul Brown.

Retired Navy Admiral Philip Davidson Named Recipient of 2023 Freedom of the Seas Award by National Museum of the Surface Navy

Retrieved on: 
Friday, October 13, 2023

SAN PEDRO, Calif., Oct. 13, 2023 /PRNewswire-PRWeb/ -- The National Museum of the Surface Navy, founded aboard Battleship USS IOWA and scheduled to open in 2025, today named retired Navy Admiral Philip S. Davidson as the recipient of the 2023 Freedom of the Seas Award. The Freedom of the Seas Award goes to an accomplished individual who embodies the core principles of America's Surface Navy to protect and defend our oceans for the benefit of the free world.

Key Points: 
  • The National Museum of the Surface Navy today named retired Navy Admiral Philip S. Davidson as the recipient of the 2023 Freedom of the Seas Award.
  • SAN PEDRO, Calif., Oct. 13, 2023 /PRNewswire-PRWeb/ -- The National Museum of the Surface Navy , founded aboard Battleship USS IOWA and scheduled to open in 2025, today named retired Navy Admiral Philip S. Davidson as the recipient of the 2023 Freedom of the Seas Award.
  • The Freedom of the Seas Award goes to an accomplished individual who embodies the core principles of America's Surface Navy to protect and defend our oceans for the benefit of the free world.
  • Admiral Davidson is the former 25th Commander of United States Indo-Pacific Command (USINDOPACOM), America's oldest and largest military combatant command.

GLASfunds, a Leading Alternative Investment Platform, Acquires Fund Formation Group

Retrieved on: 
Thursday, September 7, 2023

GLASfunds, a turnkey alternative investment platform and alternative asset management firm, announces today it will acquire Fund Formation Group (“FFG”), a Texas-based firm launching and operating fund structures for RIAs and wealth advisors.

Key Points: 
  • GLASfunds, a turnkey alternative investment platform and alternative asset management firm, announces today it will acquire Fund Formation Group (“FFG”), a Texas-based firm launching and operating fund structures for RIAs and wealth advisors.
  • Founded in 2009, GLASfunds is one of the leading tech-enabled platforms providing investors with secure and streamlined digital access to institutional-quality alternative investment opportunities and asset management oversight.
  • “We saw a real opportunity to amplify the great work Fund Formation Group was already doing for this particular group of RIAs, who were looking to access alternatives in a highly customized way,” said Michael Maroon Jr., Managing Director at GLASfunds.
  • “GLASfunds is democratizing alternative investing for RIAs by making it efficient, streamlined, and scalable, which enables more powerful outcomes for their clients,” said Haynes.

EQS-News: invIOs starts further clinical trial of APN401, novel cell therapy against solid cancers, and secures major Austrian grant funding

Retrieved on: 
Tuesday, September 5, 2023

invIOs starts further clinical trial of APN401, novel cell therapy against solid cancers, and secures major Austrian grant funding

Key Points: 
  • invIOs starts further clinical trial of APN401, novel cell therapy against solid cancers, and secures major Austrian grant funding
    The issuer is solely responsible for the content of this announcement.
  • invIOs starts further clinical trial of APN401, novel cell therapy against solid cancers, and secures major Austrian grant funding
    Multi-center trial of novel autologous cell therapy APN401 leveraging two GMP-compliant manufacturing sites has received regulatory approval and patient recruitment has started;
    invIOs awarded up to 45% funding of trial costs by Austrian Research Promotion Agency (FFG) to support Phase 1b RP2D trial;
    invIOs recently also awarded grant funding to advance novel CAR-T cell therapy INV451 against lung cancer with Medical University of Innsbruck.
  • PALINDROM is a multi-center trial taking place in Austria with two GMP-compliant manufacturing sites in Vienna and Linz.
  • As part of the Austrian Life Sciences Programme 2023 initiative, the Austrian Research Promotion Agency (FFG) has awarded invIOs funding to support the PALINDROM study.

invIOs starts further clinical trial of APN401, novel cell therapy against solid cancers, and secures major Austrian grant funding

Retrieved on: 
Tuesday, September 5, 2023

VIENNA, Austria, Sept. 05, 2023 (GLOBE NEWSWIRE) -- invIOs GmbH (“invIOs”), a privately held biotechnology company developing novel therapies for cancer, today announces that it has started patient recruitment for a Phase 1b trial of its novel autologous cell therapy, APN401, in patients with solid tumors, and has successfully secured grant funding.

Key Points: 
  • VIENNA, Austria, Sept. 05, 2023 (GLOBE NEWSWIRE) -- invIOs GmbH (“invIOs”), a privately held biotechnology company developing novel therapies for cancer, today announces that it has started patient recruitment for a Phase 1b trial of its novel autologous cell therapy, APN401, in patients with solid tumors, and has successfully secured grant funding.
  • PALINDROM is a multi-center trial taking place in Austria with two GMP-compliant manufacturing sites in Vienna and Linz.
  • As part of the Austrian Life Sciences Programme 2023 initiative, the Austrian Research Promotion Agency (FFG) has awarded invIOs funding to support the PALINDROM study.
  • “I am delighted that the Austrian government is supporting our latest clinical trial using the EPiC cell therapy platform to develop an innovative and potentially game-changing approach to treating solid tumors,” said Peter Llewellyn-Davies, CEO of invIOs.

Airline Catering Workers with UNITE HERE Local 11 Allege Violations of Living Wage Ordinance Potentially Worth Tens of Thousands of Dollars for Hundreds of Workers

Retrieved on: 
Thursday, April 6, 2023

The most recent complaint alleges that FFG is failing to provide a “total economic package” of $23.81 to hundreds of its workers.

Key Points: 
  • The most recent complaint alleges that FFG is failing to provide a “total economic package” of $23.81 to hundreds of its workers.
  • If true, the estimated value of the violations is tens of thousands of dollars to hundreds of workers, with damages continuing to accrue.
  • The Living Wage Ordinance (LWO) requires employers to pay a $18.04 minimum, with an additional healthcare portion of the wage set to $5.77 per hour.
  • Airline catering workers’ collective bargaining agreement with FFG expired last June, and a six-month extension produced little progress during negotiations.