RIC

PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share

Retrieved on: 
Tuesday, April 2, 2024
The Company, RIC, Documentation, Form 1099, Security (finance), Life insurance

MIAMI, April 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for April 2024 of $0.1025 per share, payable on May 1, 2024 to stockholders of record as of April 15, 2024.

Key Points: 
  • MIAMI, April 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for April 2024 of $0.1025 per share, payable on May 1, 2024 to stockholders of record as of April 15, 2024.
  • The distribution is expected to be paid from taxable net investment income.
  • The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
  • The Company, which operates as a regulated investment company (“RIC”), generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders.

AmpliTech Group’s Division AGTGSS, Riding The Crest Of Its Recent O-RAN CAT B 64T64R MIMO Radio Release, Teams Up With the Open6G OTIC at the Institute for the Wireless Internet of Things (WIoT) at Northeastern University To Perform O-RAN 5G Interoperabil

Retrieved on: 
Tuesday, April 2, 2024
Certification, Congestion, Verizon Communications, IOT, Mobile network operator, Commercialization, Networking hardware, Wireless, Accord, Research, Monolithic kernel, Compatibility, RF, WIOT, Radio, CAT, Acceleration, AT&T, RIC, MIMO, DU, NU

The NU Open6G OTIC will provide a comprehensive platform for end-to-end and automated integration and testing of the AmpliTech O-RU in a multi-vendor environment.

Key Points: 
  • The NU Open6G OTIC will provide a comprehensive platform for end-to-end and automated integration and testing of the AmpliTech O-RU in a multi-vendor environment.
  • Several CU/DU (Central Unit/Distribution Unit) vendors have expressed interest in conducting interoperability testing with AGTGSS’s 64T64R O-RU.
  • Thanks to the Open6G OTIC support, new market entrants can gain an advantage and explore new solutions for O-RAN systems.
  • We are proudly teaming up with the Northeastern University Open6G OTIC to conduct this key interoperability testing and certification of our radios.

Aira Technologies develops world's first AI-based channel estimation and prediction xApp and is awarded Telecom Infrastructure Project "Silver Badge"

Retrieved on: 
Monday, April 8, 2024
Algorithm, Realism, UE, Viavi Solutions, RRM, Telecommunications, MIMO, UC2, Artificial intelligence, Open, Mobile network operator, UES, Monolithic kernel, RIA, Radio, Intelligence, RIC, Machine learning, Total cost, Partnership, TIP, TCO, VMware, SON, E2, Fédération Aéronautique Internationale, High fidelity, Data science, TPM, Benchmarking, Marketing, Radio resource management, Ecosystem, DU, RAN, Use case, Medical device

SARATOGA, Calif., April 8, 2024 /PRNewswire-PRWeb/ -- Aira Technologies, a pioneer in the application of Artificial Intelligence (AI) and Machine Learning (ML) to radically improve wireless telecommunications, today announced that it has been awarded a Silver Badge from the Telecom Infrastructure Project (TIP), for delivering an AI-based High Fidelity MIMO Channel Estimation and Prediction application (UC2 xApp). The requirements of the UC2 xApp have been specified by the RAN Intelligence & Automation (RIA) subgroup of the TIP OpenRAN Project Group.

Key Points: 
  • The requirements of the UC2 xApp have been specified by the RAN Intelligence & Automation (RIA) subgroup of the TIP OpenRAN Project Group.
  • "Aira's xApp delivers against this need by providing high-fidelity beam management through improved channel estimation and prediction.
  • The Aira AI-based High Fidelity MIMO Channel Estimation and Prediction xApp ran atop the RIC.
  • "Benchmarking and testing of RIC xApp performance under realistic channel conditions is crucial for gaining operator acceptance.

Ellington Residential Announces Strategic Transformation

Retrieved on: 
Monday, April 1, 2024
Professional Services, Residential Building & Real Estate, Finance, Construction & Property, Asset Management, REIT, CLO, Growth, Environment, Trustee, Lisp (programming language), Nature, Investment, Annual report, EARN, RIC, Government, Security (finance)

Ellington Residential Mortgage REIT (NYSE: EARN) (the “Company”) today announced that its Board of Trustees has unanimously approved a strategic transformation of its investment strategy to focus on corporate collateralized loan obligations (“CLOs”).

Key Points: 
  • Ellington Residential Mortgage REIT (NYSE: EARN) (the “Company”) today announced that its Board of Trustees has unanimously approved a strategic transformation of its investment strategy to focus on corporate collateralized loan obligations (“CLOs”).
  • In connection with its strategic transformation, the Company has decided to revoke its REIT election for tax year 2024.
  • In light of the strategic transformation, the Company will reschedule its 2024 annual meeting of shareholders.
  • We believe that this strategic transformation will greatly enhance our ability to grow book value per share over time and unlock additional value for our shareholders.

KBRA Assigns Rating to Blue Owl Technology Finance Corp. II's $700 Million Senior Unsecured Notes

Retrieved on: 
Thursday, March 28, 2024
Banking, Professional Services, Insurance, Finance, Risk management, Growth, BBB, Risk, Application software, System, Business Development Company, BDC, KBRA, Diversification, Blue Owl Capital, Investment, AUM, RIC, OTF, Bank

KBRA assigns a rating of BBB to Blue Owl Technology Finance Corporation II’s (“OTF II” or “the company”) $700 million, 6.750% senior unsecured notes due 2029.

Key Points: 
  • KBRA assigns a rating of BBB to Blue Owl Technology Finance Corporation II’s (“OTF II” or “the company”) $700 million, 6.750% senior unsecured notes due 2029.
  • OTF II’s growth capital portfolio comprised 13.2% of the investment portfolio and had a weighted average enterprise value of $12.8 billion.
  • The company is managed by Blue Owl Technology Credit Advisors II LLC, an affiliate Blue Owl Capital, Inc., which had approximately $165+ billion of AUM as of December 31, 2023.
  • The company’s investment strategy coincides with the strategy of Blue Owl Technology Finance Corp. (KBRA Issuer/Senior Unsecured Debt ratings of BBB/Stable Outlook) and Blue Owl Technology Income Corp. (KBRA Issuer/Senior Unsecured Debt ratings of BBB/Stable Outlook).

South Africa’s Nedbank Uses FICO Technology to Stop Financial Crime

Retrieved on: 
Thursday, March 21, 2024
Technology, Finance, Fintech, Banking, Professional Services, Software, Data Analytics, Data Management, Artificial Intelligence, Machine learning, Employment, Organization, Horn, FICO, AI, Architecture, Safety, RIC, Cryptocurrency

Nedbank has won a 2024 FICO Decisions Award for AI, Machine Learning & Optimization

Key Points: 
  • Nedbank has won a 2024 FICO Decisions Award for AI, Machine Learning & Optimization
    Global analytics software leader FICO today announced that Nedbank , one of South Africa’s largest banks, created an integrated financial crime risk management framework that uses FICO technology as part of the strategy to stop fraud, money laundering and other financial crime.
  • Nedbank partnered with FICO to create the Risk Intelligence Centre (RIC), which consolidates relationships between entities and various financial crime risk factors into one comprehensive view.
  • Nedbank has won a 2024 FICO® Decisions Award for applying AI, Machine Learning and optimization to financial crime risk management.
  • Nedbank created an integrated financial crime risk management framework that not only enhances the prevention of financial crimes but also addresses related reputational and credit risks more holistically.

KBRA Assigns Ratings to AG Twin Brook Capital Income Fund's $240 Million Senior Unsecured Notes Due 2027 and 2029

Retrieved on: 
Wednesday, March 20, 2024
Banking, Professional Services, Finance, Uncertainty, Pressure, Risk management, BBB, Risk, KBRA, BDC, Investment, AUM, Outlook, Health care, TCAP, RIC

KBRA assigns a BBB rating to AG Twin Brook Capital Income Fund's ("TCAP" or "the company") $90 million, 7.69% senior unsecured notes due March 19, 2027, and its $150 million, 7.78% senior unsecured notes due March 19, 2029.

Key Points: 
  • KBRA assigns a BBB rating to AG Twin Brook Capital Income Fund's ("TCAP" or "the company") $90 million, 7.69% senior unsecured notes due March 19, 2027, and its $150 million, 7.78% senior unsecured notes due March 19, 2029.
  • The proceeds will be used for general corporate purposes and to pay down secured credit facilities.
  • TPG Angelo Gordon provides the company with robust deal sourcing, a strong sponsor network, and extensive banking relationships.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .

VIAVI Demonstrates Leadership in RAN Intelligence Test and Training at 2024 RIC Forum

Retrieved on: 
Thursday, March 28, 2024
Automation, National University of Singapore, UE, SSB, Drax, Amdocs, Broadcom Inc., Telecommunications, TIP, UES, NTIA, Telecom Infra Project, SUTD, RF, Engineering, Architecture, VMware, Samsung, Test, Ecosystem, Capgemini Engineering, ONF, SDK, RIC, Defense, Government, MWC, QOS, RAN

CHANDLER, Ariz., March 28, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has participated in the 2024 RIC Forum , March 26-28, in Dallas, Texas.

Key Points: 
  • CHANDLER, Ariz., March 28, 2024 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced it has participated in the 2024 RIC Forum , March 26-28, in Dallas, Texas.
  • The company contributed its TeraVM RIC Test and TM500 Network Tester to multiple demonstrations, building on collaborations at MWC 2024, where the company partnered with industry leaders to showcase RIC test and app training.
  • Live app demonstration by Capgemini – Capgemini Engineering presented energy-saving xApps and rApps for networks of different types, such as backpack RAN, mobile RAN, pole-mounted RAN and others using the TM500 for UE emulation.
  • At MWC Barcelona , TeraVM RIC Test supported demonstrations by Aira Technologies, VMware by Broadcom, Rakuten Symphony, Samsung and Singapore University of Technology and Design (SUTD).

AI and RAN Market Research Report 2024: Market will Grow by an Impressive 45% Annually During 2023-2028

Retrieved on: 
Tuesday, March 19, 2024
Well, AI, Architecture, DL, NFV, RIC, Movement, RAN, Engineering, Medical device

The fact is, that AI and RAN have been waiting to embrace each other for several years.

Key Points: 
  • The fact is, that AI and RAN have been waiting to embrace each other for several years.
  • The publisher highlights the contours of this foray and puts numbers on the addressable market size for AI in RAN.
  • The chapter traces the evolution of the RAN and its progressive virtualization
    The chapter "End-applications for AI in the RAN" details the import of AI to the RAN.
  • The chapter "Vendor Initiatives for AI in the RAN" identifies, covers, and analyzes key vendors and their solutions related to AI in the RAN.

Rexton Launches Rexton Reach Hearing Aid Platform to Ensure Every Voice in Every Conversation is Heard

Retrieved on: 
Tuesday, March 12, 2024
Smartphone, Communication, Environment, ASHA, MFI, Life, Marketing, Kool-Aid, Restaurant, RIC, WS Audiology, Hearing, Human

ISELIN, N.J., March 12, 2024 /PRNewswire/ -- Continuing its legacy of developing solutions that are simple to wear and easy to fit, hearing aid manufacturer Rexton today unveiled Rexton Reach, an all-new hearing aid platform that allows wearers to truly participate in group conversations and hear multiple voices at the same time, even in background noise.

Key Points: 
  • The first hearing aid model built on the Rexton Reach platform is Rexton Reach R-Li T, a rechargeable receiver-in-canal (RIC) hearing aid that ensures every voice within a conversation is clear and recognizable.
  • To be truly engaged in a conversation, hearing aid wearers need to be able to hear each participant clearly and consistently amidst background noise.
  • The Rexton Reach platform also features rechargeability and seamless connectivity for ease of use, while maintaining the proven performance and durability Rexton hearing aids are known for.
  • Rexton Reach R-Li T offers wearers peace of mind that their rechargeable hearing aid will get them through the day.