National University of Singapore

POET Technologies Reports Second Quarter 2022 Financial Results

Retrieved on: 
Monday, August 8, 2022 - 10:45pm

TORONTO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET or the Company) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its unaudited condensed consolidated financial results for the second quarter ended June 30, 2022.

Key Points: 
  • TORONTO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET or the Company) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its unaudited condensed consolidated financial results for the second quarter ended June 30, 2022.
  • The Company had finance costs of $13,000 in the second quarter of 2022 compared to $95,000 in the second quarter of 2021 and $14,000 in the first quarter of 2022.
  • Non-cash impact of joint venture in the second quarter of 2022 was ($0.7) million compared to nil in the same period of 2021 and ($0.4) million in the first quarter of 2022.
  • Cash flow from operating activities in the second quarter of 2022 was ($3.3) million compared to ($2.7) million in the second quarter of 2021 and ($3.7) million in the first quarter of 2022.

Klaytn Spearheads World's Largest Blockchain Research Center Program in Collaboration with Top-Ranking Universities KAIST and NUS

Retrieved on: 
Monday, August 8, 2022 - 10:29am

BRC is a virtual research institute that aims to advance cutting-edge research for blockchain technology, deepen blockchain capabilities, and support industry growth.

Key Points: 
  • BRC is a virtual research institute that aims to advance cutting-edge research for blockchain technology, deepen blockchain capabilities, and support industry growth.
  • With a US$20m funding commitment from Klaytn over the next four years, BRC is to date the world's largest blockchain research center program in terms of known funding size.
  • Through our BRC program, in collaboration with leading minds from KAIST and NUS, we are delighted to take the next step in bringing our vision to life."
  • Dr Kang said, "Our world-class blockchain researchers at the Blockchain Research Center will contribute to the seven pillars of blockchain research: consensus, privacy, network, smart contracts, DeFi, economics/ethics, and metaverse.

DGAP-News: Hannover Re appoints Sharon Ooi to the Executive Board to oversee Property & Casualty Expansion in Asia-Pacific

Retrieved on: 
Thursday, August 4, 2022 - 8:11am

Hannover,4August2022: The Supervisory Board of Hannover Rck SE has appointed Sharon Ooi as an additional member of the Group's Executive Board effective January 2023.

Key Points: 
  • Hannover,4August2022: The Supervisory Board of Hannover Rck SE has appointed Sharon Ooi as an additional member of the Group's Executive Board effective January 2023.
  • Ooi will oversee the further expansion of Hannover Res Property & Casualty reinsurance business in Asia-Pacific.
  • "With Sharon Ooi, we have been able to attract an internationally recognised expert for the growth region of Asia-Pacific to Hannover Re," said Torsten Leue, Chairman of the Supervisory Board of Hannover Re.
  • Im delighted to welcome Sharon to Hannover Res Executive Board.

DigitalBridge and Columbia Capital Launch Xenith IG Fiber Platform in Asia-Pacific

Retrieved on: 
Wednesday, August 3, 2022 - 1:33am

DigitalBridge Investment Management (DigitalBridge), the investment management arm of DigitalBridge Group, Inc., and funds affiliated with Columbia Capital have formed Xenith Infrastructure Group (Xenith IG), a new fiber platform serving hyperscalers, data center operators, carriers and enterprises in the Asia-Pacific region.

Key Points: 
  • DigitalBridge Investment Management (DigitalBridge), the investment management arm of DigitalBridge Group, Inc., and funds affiliated with Columbia Capital have formed Xenith Infrastructure Group (Xenith IG), a new fiber platform serving hyperscalers, data center operators, carriers and enterprises in the Asia-Pacific region.
  • Xenith IGs initial assets comprise conduit and fiber assets in Singapore and Hong Kong, which it acquired from Superloop (ASX: SLC).
  • Mr. Goh brings more than 20 years of digital infrastructure and technology sector experience in the Asia-Pacific market to Xenith IG.
  • John Siegel, Partner at Columbia Capital, said, Growth in data center capacity in Asia Pacific is creating meaningful demand for resilient fiber infrastructure.

36th Edition of World AI Show to Host Biggest Confluence of AI Tech, Partnerships, and Go-to-Market Strategies

Retrieved on: 
Tuesday, August 2, 2022 - 2:02am

The event will bring together the most influential players in Singapore's AI space, at Singapore's Marina Bay Sands Expo and Convention Center.

Key Points: 
  • The event will bring together the most influential players in Singapore's AI space, at Singapore's Marina Bay Sands Expo and Convention Center.
  • "It is important to understand that real-world AI isn't magic but contextual (and sensible) adoption of AI in the realm of Health & Healthcare.
  • "Dataiku will show how extraordinary AI for everyday purposes is brought to life in this edition of the World AI Show, Singapore 2022.
  • World AI Show is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world.

DayDayCook and Brinc commit to investing in 45 food tech companies that impact global food sustainability goals through the Good Food Accelerator Program

Retrieved on: 
Thursday, July 21, 2022 - 6:30am

DayDayCook and Brinc join forces to invest US$10 million over the next three years through the Good Food Accelerator Program.

Key Points: 
  • DayDayCook and Brinc join forces to invest US$10 million over the next three years through the Good Food Accelerator Program.
  • DayDayCook and Brinc share a dedicated mission to tackle global food sustainability goals by developing sustainable food systems and addressing food security issues in China and Asia.
  • DayDayCook and Brinc will invest in and support 45 companies over the next three years through the Good Food Accelerator Program, operated by Brinc.
  • Companies with commercial-ready products and services that are actively contributing toward global food sustainability goals will be prioritised.

DayDayCook and Brinc commit to investing in 45 food tech companies that impact global food sustainability goals through the Good Food Accelerator Program

Retrieved on: 
Thursday, July 21, 2022 - 6:30am

DayDayCook and Brinc join forces to invest US$10 million over the next three years through the Good Food Accelerator Program.

Key Points: 
  • DayDayCook and Brinc join forces to invest US$10 million over the next three years through the Good Food Accelerator Program.
  • DayDayCook and Brinc share a dedicated mission to tackle global food sustainability goals by developing sustainable food systems and addressing food security issues in China and Asia.
  • DayDayCook and Brinc will invest in and support 45 companies over the next three years through the Good Food Accelerator Program, operated by Brinc.
  • Companies with commercial-ready products and services that are actively contributing toward global food sustainability goals will be prioritised.

RMS, Inc. Joins the StarRez Family, Now Serving Over 1,300 Customers Globally

Retrieved on: 
Wednesday, July 20, 2022 - 2:00pm

Welcoming the RMS team and community to the StarRez family is an exciting step forward to achieving it.

Key Points: 
  • Welcoming the RMS team and community to the StarRez family is an exciting step forward to achieving it.
  • StarRezs combined customer base now exceeds 1,300 in more than 25 countries and over 3 million beds under management.
  • StarRez will continue to invest to be a trusted partner and accelerate growth in the PropTech, EdTech, student housing, PBSA and adjacent markets.
  • Customers include Utah State University, University of Alabama, University of Houston, Florida International University and 100+ more.

Defining the Future - Web 3.0 Disruptors Week Aspires to Inspire Changemakers of a New Era

Retrieved on: 
Wednesday, July 6, 2022 - 7:31pm

The fireside chats and roundtable discussions explore a wide range of key topics in Web 3.0, such as Why Web 3.0 Matters, the Web 3.0 Mindset, Go-to-Market in Web 3.0, Gaming Evolution, Web 3.0 Infrastructure, FemTech, Metaverse and Related Infrastructure, etc.

Key Points: 
  • The fireside chats and roundtable discussions explore a wide range of key topics in Web 3.0, such as Why Web 3.0 Matters, the Web 3.0 Mindset, Go-to-Market in Web 3.0, Gaming Evolution, Web 3.0 Infrastructure, FemTech, Metaverse and Related Infrastructure, etc.
  • Jenny Yang, Curator of Disruptors Summit and founder of Star Consulting says Web 3.0 is developing so fast and people probably don't want to miss anything.
  • Fireside Chat: Paradigm Shift with Web 3.0: Why Web 3.0 Matters
    It's undeniable that Web 3.0 is becoming more and more real.
  • How gaming in Web 3.0 can be different from the Web 2.0 era?

Maxeon Solar Technologies Releases 2021 Sustainability Report with Energy Payback Time, Long Term Targets

Retrieved on: 
Thursday, June 30, 2022 - 1:57pm

SINGAPORE, June 30, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced the release of its Sustainability Report for the year 2021 (Sustainability Report).

Key Points: 
  • SINGAPORE, June 30, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced the release of its Sustainability Report for the year 2021 (Sustainability Report).
  • "Maxeon strives to maintain its sustainability leadership position in the solar industry by continuing our development of more efficient, sustainable and longer-lasting panels that can ensure easy access to solar for all", said Jeff Waters, Chief Executive Officer of Maxeon Solar Technologies.
  • As highlighted in the Sustainability Report, Maxeon engaged an external consultant to assess the energy pay-back time (EPBT) for its Maxeon 3 panels, which is the period required for a renewable energy system to generate the same amount of energy that was used to produce the system itself.
  • MAXEON is a registered trademark of Maxeon Solar Technologies, Ltd. Visit https://corp.maxeon.com/trademarks for more information.