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VGMobility and Natixis Corporate & Investment Banking announce $95.5 million facility to finance electric bus concessions for TransMilenio

Retrieved on: 
Monday, October 31, 2022

NEW YORK, Oct. 31, 2022 /PRNewswire/ -- VGMobility and Natixis Corporate & Investment Banking (Natixis CIB) announced the closing of US$95.5 million senior facility to finance three separate green mobility concessions fully owned by VGMobility for the supply of clean transportation and clean charging solutions within the TransMilenio transit system in Bogot, Colombia.

Key Points: 
  • NEW YORK, Oct. 31, 2022 /PRNewswire/ -- VGMobility and Natixis Corporate & Investment Banking (Natixis CIB) announced the closing of US$95.5 million senior facility to finance three separate green mobility concessions fully owned by VGMobility for the supply of clean transportation and clean charging solutions within the TransMilenio transit system in Bogot, Colombia.
  • Natixis CIB acted as Sole Structuring Bank, Sole Underwriter, Sole Hedging Bank and Administrative Agent for the financing.
  • Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.
  • We are committed to supporting the environmental transition by aligning our financing balance sheet with a +1.5C trajectory by 2050.

QuantHealth Raises $2.6 Million Seed Round to Provide Comprehensive Clinical Trial Simulation Solution

Retrieved on: 
Wednesday, October 26, 2022

 TEL AVIV, Israel, Oct. 26, 2022 /PRNewswire/ -- QuantHealth, an AI-powered clinical trial design startup, today announced its emergence from stealth, along with a $2.6 million seed financing round led by Shoni Top, with participation from Pitango HealthTech, Nina Capital, Bessemer (Renegade), Atooro Fund, Boston Millenia Partners and Brigham Hyde. The funding will be used to further develop QuantHealth's platform, and expand its partnerships with global pharmaceutical companies.

Key Points: 
  • Less than 10% of drugs that begin clinical trials fail to make it to the market.
  • QuantHealth has built a unique AI-based clinical trial simulation platform that allows pharmaceutical companies to simulate their upcoming clinical trials in a cloud environment, and test thousands of protocol variations to discover the trial design that will maximize the likelihood of success.
  • "QuantHealth has developed a ground-breaking solution to a problem that has plagued drug development companies for decades," said Orr Inbar, CEO and co-founder of QuantHealth.
  • To address this challenge at its core, QuantHealth's Clinical-Simulator predicts how each patient in a clinical trial will respond to treatment, allowing trial design teams to predict how an entire clinical trial will play out, and adapt accordingly.

The Gogo 5G Network is Nationwide

Retrieved on: 
Tuesday, October 18, 2022

ORLANDO, Fla., Oct. 17, 2022 /PRNewswire/ -- NBAA-BACE, Booth 4040 -- Gogo Business Aviation (NASDAQ: GOGO) has finished construction of its nationwide Gogo 5G network.

Key Points: 
  • ORLANDO, Fla., Oct. 17, 2022 /PRNewswire/ -- NBAA-BACE, Booth 4040 -- Gogo Business Aviation (NASDAQ: GOGO) has finished construction of its nationwide Gogo 5G network.
  • The 5G network now covers the contiguous United States and will expand into Canada beginning in 2023.
  • The first-article Supplemental Type Certification (STC) for the 5G belly-mounted MB13 antennas and the X3 (5G) LRU have been completed.
  • Customers who want Gogo 5G service can install the AVANCE L5 system with full 5G provisions (including the MB13 antennas) today, and operate on Gogo's 4G network until the X3 LRU is available.

Stader Update - Record-Breaking Launch on NEAR Blockchain

Retrieved on: 
Tuesday, October 11, 2022

Last month, on September 16th , Stader launched its upgraded NearX on the NEAR Blockchain.

Key Points: 
  • Last month, on September 16th , Stader launched its upgraded NearX on the NEAR Blockchain.
  • These include:
    Staking Competition : Users with a minimum stake of 500 NEAR stand to earn additional 50 NEAR in rewards.
  • As the first multi-chain protocol to bring liquid staking to NEAR, Stader will bring its cross chain expertise and help strengthen the NEAR staking ecosystem.
  • Also, Stader will support decentralization of $NEAR as users will stake with a carefully selected set of best performing yet low voting power validators.

Minerva Intelligence Reports DRIVER Software Update

Retrieved on: 
Monday, September 12, 2022

VANCOUVER, BC, Sept. 12, 2022 /PRNewswire/ -Minerva Intelligence Inc. (TSXV: MVAI) (OTCQB: MVAIF) ("Minerva" or the "Company") an artificial intelligence software company focused on building decision support tools for climate risk, mineral exploration and mining is pleased to announceit has launched a new version of its DRIVER software.

Key Points: 
  • VANCOUVER, BC, Sept. 12, 2022 /PRNewswire/ -Minerva Intelligence Inc. (TSXV: MVAI) (OTCQB: MVAIF) ("Minerva" or the "Company") an artificial intelligence software company focused on building decision support tools for climate risk, mineral exploration and mining is pleased to announceit has launched a new version of its DRIVER software.
  • Building on a full year of industry deployment and testing, Minerva has developed enhancements to its previously released DRIVER software.The updated DRIVER software improves the integration of the machine learning-based grade directionality analysis toolkit with existing deposit frameworks.
  • "We are thrilled to be able to release the updated version of the DRIVER software pushing the boundaries of web and cloud-based 3D Artificial Intelligence modelling solutions.
  • Minerva Intelligence Inc. is a software development company based in Vancouver, Canada, with a subsidiary office in Darmstadt, Germany.

Kura Technologies’ Artificial Intelligence Generated Optics Deliver the Highest Performance for the Future of the Metaverse

Retrieved on: 
Wednesday, August 24, 2022

An AR headset is nothing without its display and optics, said Kura Founder, CEO and CTO Kelly Peng.

Key Points: 
  • An AR headset is nothing without its display and optics, said Kura Founder, CEO and CTO Kelly Peng.
  • Kura's groundbreaking performance is made possible by our grounds-up architecture, including custom display silicon we've fabricated with TSMC, the worlds largest semiconductor foundry, custom micro-LED display, and custom AI-generated optics.
  • Kuras optics are uniquely capable of:
    Up to 150-degree field-of-view, a world record for waveguide type displays and 9 times the viewable area of current market leaders.
  • 8K resolution, 16 times the resolution of existing AR, enabling text readability critical for training, remote collaboration, and design.

CORRECTION: Inflation Reduction Act Will Help Accelerate Adoption of the Halio Smart Glass Platform

Retrieved on: 
Thursday, August 4, 2022

Hayward Calif., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Halio , designer of the worlds most beautiful and technologically advanced smart windows, announced that the recently proposed Inflation Reduction Act of 2022, which includes the Dynamic Glass Act, will bring the cost of electrochromic windows to parity with low-e glass.

Key Points: 
  • Hayward Calif., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Halio , designer of the worlds most beautiful and technologically advanced smart windows, announced that the recently proposed Inflation Reduction Act of 2022, which includes the Dynamic Glass Act, will bring the cost of electrochromic windows to parity with low-e glass.
  • This ITC is similarly structured to generate rapid adoption of smart glass in the same manner that it kick-started the solar industry.
  • This added incentive will drive faster adoption, so more consumers can realize just how remarkable this architectural glass really is, added Henson.
  • Powered by Halio windows and skylights are available from both Halio and third-party fabricators, including Viracon, with various glass coatings and configurations.

Inflation Reduction Act Will Help Accelerate Adoption of the Halio Smart Glass Platform

Retrieved on: 
Thursday, August 4, 2022

Hayward, Calif.,, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Halio , designer of the worlds most beautiful and technologically advanced smart windows, announced that the recent passing of the Inflation Reduction Act of 2022, which includes the Dynamic Glass Act, brings the cost of electrochromic windows to parity with low-e glass.

Key Points: 
  • Hayward, Calif.,, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Halio , designer of the worlds most beautiful and technologically advanced smart windows, announced that the recent passing of the Inflation Reduction Act of 2022, which includes the Dynamic Glass Act, brings the cost of electrochromic windows to parity with low-e glass.
  • This ITC is similarly structured to generate rapid adoption of smart glass in the same manner that it kick-started the solar industry.
  • This added incentive will drive faster adoption, so more consumers can realize just how remarkable this architectural glass really is, added Henson.
  • Powered by Halio windows and skylights are available from both Halio and third-party fabricators, including Viracon, with various glass coatings and configurations.

Shekel supplies Belgian retailer Colruyt dozens of smart refrigerators

Retrieved on: 
Wednesday, July 27, 2022

 TEL AVIV, Israel, July 27, 2022 /PRNewswire/ -- Shekel, (ASX: SBW), along with U.S. based Parlevel Systems, supplied dozens of smart refrigerators to the Colruyt retail group operating in Belgium, Luxembourg and France. The transaction is estimated at 1M NIS.

Key Points: 
  • TEL AVIV, Israel, July 27, 2022 /PRNewswire/ -- Shekel , (ASX: SBW), along with U.S. based Parlevel Systems, supplied dozens of smart refrigerators to the Colruyt retail group operating in Belgium, Luxembourg and France.
  • The smart refrigerators (Hubz) are based on a product recognition technology developed by Shekel, a company that develops AI based electronic weighing systems.
  • The refrigerators are installed with shelves that are able to automatically identify products,
    the door unlocks when identifying a payment method.
  • Shekel is one of a small number of companies that provides Class III scales to the medical industry in Europe.

Gogo's Nationwide 5G Network Construction Halfway Complete

Retrieved on: 
Friday, July 22, 2022

BROOMFIELD, Colo., July 22, 2022 /PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) nationwide 5G network construction is halfway to completion with the 75th site now online.

Key Points: 
  • BROOMFIELD, Colo., July 22, 2022 /PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) nationwide 5G network construction is halfway to completion with the 75th site now online.
  • "Getting to the 50% mark for our 150-tower 5G nationwide network in a matter of months is an incredible accomplishment by our team," said Mike Rupert, vice president of network operations for Gogo Business Aviation.
  • "We have a team of network experts that has been working hard to bring the 5G network to life, building sites across the country, and that work will continue into the fall."
  • Gogo has been regularly updating the market on its 5G network build progress with a deployment map on its website: https://business.gogoair.com/gogo-5g/ .