STL | Jotup

Iridium to Expand its Reach as a Global Alternative PNT Service with Acquisition of Market Leader Satelles

Retrieved on:

Monday, March 4, 2024

Acquisition, Engineering, Iridium Communications, GNSS, Aviation, Investment, Transport, Raymond James Financial, PNT, Conference, GPS, Webcast, Telecommunications, STL, IRDM, Satellite navigation device

MCLEAN, Va., March 4, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced that it had entered into an agreement to acquire Satelles, Inc., the leader in highly secure satellite-based time and location services that complement and protect GPS and other GNSS-reliant systems. The service, named Satellite Time and Location (STL), is an easy-to-adopt, highly secure solution that increases the efficiency and reliability of timing systems for digital infrastructure like 5G base stations, data centers, and other critical infrastructure and protects against GNSS vulnerabilities using low-cost hardware that doesn't require outdoor antennas. This acquisition continues Iridium's philosophy of investing in differentiating technologies uniquely suited to its network that significantly outperform competing solutions.

Key Points:

This acquisition continues Iridium's philosophy of investing in differentiating technologies uniquely suited to its network that significantly outperform competing solutions.
Each of these servers requires time synchronization and can benefit from the in-server room efficiency and resilience delivered by Iridium STL.
STL will become a new business line of Iridium, led by Satelles CEO, Dr. Michael O'Connor who will report to Iridium CEO, Matt Desch.
A long-standing investor in Satelles, Iridium had an ownership stake of around 20 percent from three previous investments in the company.

Iridium to Expand its Reach as a Global Alternative PNT Service with Acquisition of Market Leader Satelles

Retrieved on:

Monday, March 4, 2024

MCLEAN, Va., March 4, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced that it had entered into an agreement to acquire Satelles, Inc., the leader in highly secure satellite-based time and location services that complement and protect GPS and other GNSS-reliant systems. The service, named Satellite Time and Location (STL), is an easy-to-adopt, highly secure solution that increases the efficiency and reliability of timing systems for digital infrastructure like 5G base stations, data centers, and other critical infrastructure and protects against GNSS vulnerabilities using low-cost hardware that doesn't require outdoor antennas. This acquisition continues Iridium's philosophy of investing in differentiating technologies uniquely suited to its network that significantly outperform competing solutions.

Key Points:

This acquisition continues Iridium's philosophy of investing in differentiating technologies uniquely suited to its network that significantly outperform competing solutions.
Each of these servers requires time synchronization and can benefit from the in-server room efficiency and resilience delivered by Iridium STL.
STL will become a new business line of Iridium, led by Satelles CEO, Dr. Michael O'Connor who will report to Iridium CEO, Matt Desch.
A long-standing investor in Satelles, Iridium had an ownership stake of around 20 percent from three previous investments in the company.

Lumos selects STL as a partner to build transformative 100% fiber optic internet infrastructure in the US

Retrieved on:

Wednesday, February 21, 2024

Human, STL, Wi-Fi, Lumos, Partnership, Internet service provider

STL has been strategically engaged in co-creating fiber and optical connectivity solutions suited for Lumos's mega ambition to build transformative 100% fiber optic internet in the mid-Atlantic region.

Key Points:

STL has been strategically engaged in co-creating fiber and optical connectivity solutions suited for Lumos's mega ambition to build transformative 100% fiber optic internet in the mid-Atlantic region.
Lumos was an important part of STL's recently inaugurated fiber optic plant in Lugoff, South Carolina.
In this long-term engagement, STL will offer advanced, purpose-engineered optical fiber cable designs to meet Lumos' network requirements.
"I believe STL will be a great partner to help us deliver world-class, seamless fiber connectivity to our customers."

STL connects cultures and communities through its Optical solutions in BAPS temple, Abu Dhabi

Retrieved on:

Thursday, February 15, 2024

Partnership, Heart, MEA, STL

DUBAI, UAE, Feb. 15, 2024 /PRNewswire/ -- STL [NSE: STLTECH], a leading optical and digital solutions company, announced its partnership with the prestigious BAPS Hindu temple in Abu Dhabi today.

Key Points:

DUBAI, UAE, Feb. 15, 2024 /PRNewswire/ -- STL [NSE: STLTECH], a leading optical and digital solutions company, announced its partnership with the prestigious BAPS Hindu temple in Abu Dhabi today.
STL is responsible for end-to-end premise connectivity in the temple, provided through state-of-the-art, end-to-end structured cabling solutions.
STL's solutions include optical fibre cables, category cables, cabinets and racks to support 10G network connectivity, security, wireless and building management solutions.
As a company with Indian heritage, we are proud to have delivered our optical and connectivity solutions for this very special project."

STL connects cultures and communities through its Optical solutions in BAPS temple, Abu Dhabi

Retrieved on:

Thursday, February 15, 2024

Partnership, Heart, STL, MEA, 3D printing

MUMBAI, India, Feb. 15, 2024 /PRNewswire/ -- STL [NSE: STLTECH], a leading optical and digital solutions company, announced its partnership with the prestigious BAPS Hindu temple in Abu Dhabi today.

Key Points:

MUMBAI, India, Feb. 15, 2024 /PRNewswire/ -- STL [NSE: STLTECH], a leading optical and digital solutions company, announced its partnership with the prestigious BAPS Hindu temple in Abu Dhabi today.
STL is responsible for end-to-end premise connectivity in the temple, provided through state-of-the-art, end-to-end structured cabling solutions.
STL's solutions include optical fibre cables, category cables, cabinets and racks to support 10G network connectivity, security, wireless and building management solutions.
As a company with Indian heritage, we are proud to have delivered our optical and connectivity solutions for this very special project."

Heritage Global Partners, New Mill Capital, Federal Equipment Company and Keith Machinery Corp Acquire Pharmaceutical Site from Alkem Laboratories

Retrieved on:

Thursday, January 11, 2024

Finance, Consulting, Health, Professional Services, Pharmaceutical, JV, HGP, Capsule, Alkem Laboratories, Partnership, Laboratory, Acquisition, STL, Interest, Ground substance

Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), and a worldwide leader in asset advisory and auction services, in partnership with New Mill Capital, Federal Equipment Company and Keith Machinery Corp., announced today that it has acquired a state-of-the-art pharmaceutical plant in Fenton Missouri, formerly owned by Alkem Laboratories.

Key Points:

Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), and a worldwide leader in asset advisory and auction services, in partnership with New Mill Capital, Federal Equipment Company and Keith Machinery Corp., announced today that it has acquired a state-of-the-art pharmaceutical plant in Fenton Missouri, formerly owned by Alkem Laboratories.
The joint venture plans to find a pharmaceutical user-operator to continue operations at the site and take advantage of the plug and play nature of the offering.
The facility is located in a prime area in Fenton, MO conveniently located near STL airport and all major highways.
Adam Covitt, President of Federal Equipment Company added, “This plant represents a fantastic opportunity for any pharmaceutical company looking to add immediate capacity and/or expand into the St. Louis market.

CapStone Holdings Inc.'s Investment In City Foundry Is A Boost For St. Louis' Food, Retail, And Entertainment Scene

Retrieved on:

Wednesday, December 6, 2023

ST. LOUIS, Dec. 6, 2023 /PRNewswire/ -- CapStone Holdings, Inc. has provided an update on its investment in City Foundry STL, a mixed-use development in Midtown St. Louis, Missouri. CapStone Holdings, a self-funded family office business incubator and investment group, invested $40 million in City Foundry in 2020, making it one of the largest single-entity investors in the $210 million first phase.

Key Points:

ST. LOUIS, Dec. 6, 2023 /PRNewswire/ -- CapStone Holdings, Inc. has provided an update on its investment in City Foundry STL, a mixed-use development in Midtown St. Louis, Missouri.
Although City Foundry originally planned to open to the public in 2020, the COVID-19 pandemic delayed its opening until August 2021.
CapStone Holdings' senior vice president, Ashley Beal, said, "City Foundry is very well on its way to surpassing financial expectations.
For more information about the progress of City Foundry STL, visit here as well as follow on social media on Facebook and Instagram .

STL pushes forward on Optical Connectivity business; hires industry leaders

Retrieved on:

Tuesday, November 21, 2023

Corning, Engineering, TE Connectivity, PLM, STL, CommScope, Renewable energy, 3D printing, Optics

MUMBAI, India and LONDON and COLUMBIA, S.C., Nov. 21, 2023 /PRNewswire/ -- STL_[NSE: STLTECH], a leading optical and digital solutions company, today announced that it is well poised to cater to the demand for Optical Connectivity products and has appointed industry leaders to drive its growth ambition.

Key Points:

STL, with over 30 years of Optical expertise, is one of the very few players to have end-to-end capability across the fibre value chain, starting with glass preform, fibre, cables and finally, Optical Connectivity solutions.
STL acquired Optotec in Italy in 2020 and has fully integrated optical connectivity products and design engineering capabilities into its optical business.
It now creates customised, scalable connectivity solutions to de-skill field installations and speed up the fibre deployment process.
Paul Atkinson, CEO of Optical Networking Business, STL, warmly welcomed David and Tomasz, acknowledging their invaluable expertise and experience.

STL pushes forward on Optical Connectivity business; hires industry leaders

Retrieved on:

Tuesday, November 21, 2023

Corning, Engineering, TE Connectivity, PLM, STL, CommScope, Renewable energy, 3D printing, Optics

MUMBAI, India and LONDON and COLUMBIA, S.C., Nov. 21, 2023 /PRNewswire/ -- STL_[NSE: STLTECH], a leading optical and digital solutions company, today announced that it is well poised to cater to the demand for Optical Connectivity products and has appointed industry leaders to drive its growth ambition.

Key Points:

STL, with over 30 years of Optical expertise, is one of the very few players to have end-to-end capability across the fibre value chain, starting with glass preform, fibre, cables and finally, Optical Connectivity solutions.
STL acquired Optotec in Italy in 2020 and has fully integrated optical connectivity products and design engineering capabilities into its optical business.
It now creates customised, scalable connectivity solutions to de-skill field installations and speed up the fibre deployment process.
Paul Atkinson, CEO of Optical Networking Business, STL, warmly welcomed David and Tomasz, acknowledging their invaluable expertise and experience.

DS Core Feature Updates: Smart controlled workflows, excellent patient communication, and advanced collaboration with partners

Retrieved on:

Thursday, November 16, 2023

HIPAA, Name, GDPR, PDF, Dentist, Smartphone, Patient, STL, Communication, Dentsply Sirona, Technician, Growth, 3D, PLY, DICOM, Video game, Medical device, Medical imaging

CHARLOTTE, N.C., Nov. 16, 2023 /PRNewswire/ -- DS Core is an innovative platform that enables users in practices and labs to take full advantage of digital dentistry, supporting dental professionals throughout the entire treatment continuum. DS Core connects devices and services and facilitates seamless collaboration with specialists, partners and labs, while incorporating tools for personalized patient communication.

Key Points:

DS Core connects devices and services and facilitates seamless collaboration with specialists, partners and labs, while incorporating tools for personalized patient communication.
Unified ordering system: DS Core introduces a function that links dental practices with labs and other service providers.
DS Core offers dentists an innovative platform for growth and efficiency, empowering them so they can advance with confidence.
Users of DS Core have an array of options to choose from to integrate into their daily workflows.