AIS

Cemtrex’s Advanced Industrial Services Secures New Orders Totaling $2.1 Million

Retrieved on: 
Monday, March 11, 2024

Hauppauge, NY, March 11, 2024 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced it has received $2.1 million in new orders through its Advanced Industrial Services (“AIS”) subsidiary underscoring the Company’s strong market position and optimistic growth outlook.

Key Points: 
  • Hauppauge, NY, March 11, 2024 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced it has received $2.1 million in new orders through its Advanced Industrial Services (“AIS”) subsidiary underscoring the Company’s strong market position and optimistic growth outlook.
  • Scheduled for completion within this fiscal year, these projects will leverage AIS’s comprehensive suite of services, including mechanical, electrical, piping, and project management.
  • This approach not only demonstrates AIS’s capability to handle complex industrial requirements but also reinforces its position as a preferred partner in the industry.
  • Moreover, we continue to explore acquisition opportunities that can enhance the Company’s market reach and service capabilities, and further drive AIS’ growth.”

A.I.S. Resources Announces a 1-for-10 Reverse Stock Split

Retrieved on: 
Tuesday, March 5, 2024

Resources Limited ( TSX-V: AIS, OTCQB: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) wishes to announce the decision to proceed with a 1-for-10 reverse stock split, also known as a stock consolidation, stock merge, or share rollback, applicable to all issued shares and outstanding warrants and options.

Key Points: 
  • Resources Limited ( TSX-V: AIS, OTCQB: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) wishes to announce the decision to proceed with a 1-for-10 reverse stock split, also known as a stock consolidation, stock merge, or share rollback, applicable to all issued shares and outstanding warrants and options.
  • Effective at the commencement of trading on March 8, 2024 the Company is expected to begin trading on the TSX Venture Exchange on a post-consolidated basis under the stock symbol “AIS”.
  • The Company will not be issuing fractional post-Consolidation common shares to shareholders in connection with the Consolidation.
  • Those holding paper certificates will need to present those to AIS and have a new certificate issued.

A.I.S. Resources Options Candela II Interest to American Salars Lithium Inc.

Retrieved on: 
Monday, March 4, 2024

Resources Limited ( TSX-V: AIS, OTCQB: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) is pleased to announce that the Company has reached an agreement with American Salars Lithium Inc., ( CSE: USLI , FRA: Z3P) (“American Salars”) on an option agreement on the Candela II Lithium Brine Project located in the Incahuasi Salar, Salta Province, Argentina ( American Salars Signs Option to Acquire a 100% Interest in the Candela II Lithium Brine Project with NI 43-101 Inferred Resource of 457,000 Tonnes of Lithium Carbonate Equivalent - American Salars ).

Key Points: 
  • Resources Limited ( TSX-V: AIS, OTCQB: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) is pleased to announce that the Company has reached an agreement with American Salars Lithium Inc., ( CSE: USLI , FRA: Z3P) (“American Salars”) on an option agreement on the Candela II Lithium Brine Project located in the Incahuasi Salar, Salta Province, Argentina ( American Salars Signs Option to Acquire a 100% Interest in the Candela II Lithium Brine Project with NI 43-101 Inferred Resource of 457,000 Tonnes of Lithium Carbonate Equivalent - American Salars ).
  • The Candela II Lithium Brine Project contains a NI 43-101 inferred mineral resource estimate of 86,000 tonnes of lithium metal, equating to 457,000 tonnes of in-situ lithium carbonate equivalent.
  • AIS holds a 20% equity interest in Spey Resources Argentina S.A. and will receive its share of the proceeds on a pro rata basis.
  • Andrew Neale, President & CEO of AIS commented, “American Salars is an exploration company focused on developing high-value battery metals projects and are ideally positioned to further advance the Candela II project.

Cemtrex Issues Shareholder Letter and Provides Corporate Update

Retrieved on: 
Wednesday, February 28, 2024

To the Shareholders of Cemtrex, Inc.,

Key Points: 
  • To the Shareholders of Cemtrex, Inc.,
    I wanted to provide you with a detailed update on Cemtrex’s activities over the last several months.
  • We cannot change the missteps we have taken, but we have certainly learned from them and learned how to avoid them in the future.
  • Private companies have certain luxuries that public companies do not have when it comes to building startups, particularly in rising interest rate environments.
  • Out of that purchase price, Cemtrex contributed $1,000,000 of equity, which was paid in the form of Cemtrex stock.

Zighra Awarded Contract with Canadian Coast Guard: Showcasing Multi-Sensor Fusion and AI for automated threat detection and situational awareness.

Retrieved on: 
Tuesday, February 20, 2024

This state-of-the-art technology will enhance the safety and security of Canada’s maritime territories by providing a previously unattainable level of analysis.

Key Points: 
  • This state-of-the-art technology will enhance the safety and security of Canada’s maritime territories by providing a previously unattainable level of analysis.
  • By combining the powers of AI interpretability and multi-sensor fusion, GenesysInsights offers unparalleled automated threat detection and comprehensive situational awareness in maritime environments.
  • "We are excited about our continued collaboration with the Canadian Coast Guard," says Deepak Dutt, CEO of Zighra.
  • Advanced Threat Detection and Response: Elevated capabilities to quickly detect and respond to maritime threats, including sophisticated cyber-attacks.

Planet Awarded Contract for Vessel Detection and Monitoring by Naval Information Warfare Center (NIWC) Pacific

Retrieved on: 
Tuesday, March 5, 2024

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced its fully owned subsidiary, Planet Labs Federal Inc., was awarded a seven-figure contract by the Naval Information Warfare Center (NIWC) Pacific for vessel detection and monitoring over key areas of interest throughout the Pacific.

Key Points: 
  • Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced its fully owned subsidiary, Planet Labs Federal Inc., was awarded a seven-figure contract by the Naval Information Warfare Center (NIWC) Pacific for vessel detection and monitoring over key areas of interest throughout the Pacific.
  • The contract includes fusion of technology from SynMax, a longtime Planet partner, who will provide vessel detection using their analytics technology over Planet data.
  • Further, SynMax has applied a subset of its Theia technology to meet the unique requirements of the NIWC Pacific project.
  • “NIWC Pacific continually pushes the bounds of innovating and advancing unmatched and disruptive technology in support of their operations,” said Jon Powers, Planet Federal’s General Manager.

Aromatase Inhibitors (AIs) Market Size, Target Population, Competitive Landscape & Market Forecasts, 2020-2023 and 2024-2034 with Focus on 7 Major Markets - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 28, 2024

The "Aromatase Inhibitors (AIs) Market Size, Target Population, Competitive Landscape & Market Forecast - 2034" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Aromatase Inhibitors (AIs) Market Size, Target Population, Competitive Landscape & Market Forecast - 2034" report has been added to ResearchAndMarkets.com's offering.
  • The Aromatase Inhibitors (AIs) market report provides insights around existing treatment practices in patients with Aromatase Inhibitors (AIs), approved (if any) and emerging Aromatase Inhibitors (AIs), market share of individual therapies, patient pool eligible for treatment with Aromatase Inhibitors (AIs), along with current and forecasted 7MM Aromatase Inhibitors (AIs) market size from 2020-2034 by therapies and by indication.
  • Moreover, this segment will also give a brief overview around the existing treatment paradigm of the target indications.
  • This section will include details on changing Aromatase Inhibitors (AIs) market dynamics post initiation of clinical development activities of the inhibitor.

Sidus Space LizzieSat™ Satellite Encapsulated and Scheduled for Launch

Retrieved on: 
Tuesday, February 27, 2024

Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service satellite company announced its LizzieSat satellite is now securely encapsulated within SpaceX’s payload fairing in preparation for launch.

Key Points: 
  • Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service satellite company announced its LizzieSat satellite is now securely encapsulated within SpaceX’s payload fairing in preparation for launch.
  • LizzieSat is targeted to launch as part of SpaceX’s Transporter-10 Rideshare mission no earlier than March 2024 from Space Launch Complex 4 East at Vandenberg Space Force Base in California.
  • Additionally, the satellite features Sidus’ onboard FeatherEdge AI (Artificial Intelligence) solution for near real-time, actionable intelligence processing of imagery and sensor data, offering unique solutions to customers.
  • In addition to other customer missions, LizzieSat will support NASA’s Autonomous Satellite Technology for Resilient Application and Mission Helios’ optical NFT collection.

Spire Global Awarded €8.4M by the European Maritime Safety Agency for Provision of SAT-AIS Data Services

Retrieved on: 
Wednesday, February 21, 2024

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, has been awarded two framework contracts by the European Maritime Safety Agency (EMSA) with a maximum overall budget of €8.4 million.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, has been awarded two framework contracts by the European Maritime Safety Agency (EMSA) with a maximum overall budget of €8.4 million.
  • Under the contracts, Spire will provide space-based automatic identification system (SAT-AIS) data services for ship tracking over a four-year period, including real-time, standard and high-density backup SAT-AIS.
  • Spire’s data will play a key role in enhancing global vessel tracking and maritime domain awareness, supporting EMSA’s mission.
  • “Ensuring accurate vessel monitoring is vital for maritime safety, security, and global environmental protection,” said John Lusk, general manager of maritime, Spire.

AIS Announces Successful Online Timed Auction for Meyer Metal Systems Inc./MMS Powder Coat

Retrieved on: 
Friday, March 8, 2024

ELGIN, Ill. , March 8, 2024 /PRNewswire-PRWeb/ -- The sale, which commenced on November 22, 2023, and concluded on November 30, 2023, saw an impressive turnout of bidders eager to acquire top-quality equipment from Meyer Metal Systems Inc., a prominent player in the paint, finishing, and metalworking industry.

Key Points: 
  • Aaron Industrial Solutions (AIS), a leading auction company specializing in the sale of industrial equipment, is pleased to announce the successful completion of an online timed auction for Meyer Metal Systems Inc./MMS Powder Coat.
  • The auction featured a comprehensive array of metal finishing and powder coat equipment, as well as metal fabrication machinery.
  • Meyer Metal Systems Inc. entrusted AIS with the task of liquidating their equipment within a tight timeframe due to plant closure requirements.
  • For more information about AIS and their upcoming auctions, please visit www.aaronindustrialsolutions.com .