Storm | Jotup

Sivers Semiconductors extends partnership with Strategic Lead SATCOM Customer

Retrieved on:

Thursday, March 21, 2024

Storm, Sivers, SATCOM, Beam, Partnership, Disclosure, USD, European

KISTA, Sweden, March 21, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a leading supplier of integrated chips and modules for the most advanced communications and sensor solutions, today announced that its subsidiary Sivers Wireless has signed a third product development agreement with its lead European Satellite Company.

Key Points:

This new contract, valued at USD $4,73 million, covers the development of next-generation production-ready beamformer chipsets during 2024 and 2025.
This third project with this customer will further expand Sivers' footprint into the rapidly evolving SATCOM sector.
"Deepening our strategic partnership with this customer is a testament to our mission to shape the future of connectivity worldwide.
This new project is yet another opportunity to develop even more SATCOM products, reaffirming our position in the heart of innovation," said Anders Storm, Group CEO of Sivers Semiconductors.

iTrip® San Diego North Opens Short-term Rental Property Management Company

Retrieved on:

Tuesday, March 19, 2024

Storm, Automation, Marketing, Property management

NASHVILLE, Tenn., March 19, 2024 /PRNewswire-PRWeb/ -- iTrip® is expanding services to short-term rental property owners and guests in San Diego, California. Owned and managed by Will and Amy Seban, iTrip San Diego North Beaches has launched as the newest franchise destination.

Key Points:

The short-term rental property management company serves homeowners and guests in the North County San Diego region.
"I'm excited to open the new iTrip San Diego North Beaches in California," said Will Seban, iTrip San Diego North Beaches co-owner.
The San Diego North addition is part of a growing portfolio of destinations managed by iTrip, the largest franchise brand serving the short-term rental property management industry in North America.
To learn more about the short-term rental property management program, contact iTrip San Diego North Beaches at 760-652-3223.

Sivers Semiconductors Teams With Strategic Customer

Retrieved on:

Friday, March 15, 2024

Storm, Sivers, Growth, Wireless, AI, Disclosure, Silicon, Silicon photonics, USD, Photonics, Computer data storage

KISTA, Sweden, March 15, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a leading supplier of integrated chips and modules for the most advanced communications and sensor solutions, today announced that its subsidiary Sivers Photonics has signed a product development agreement with an undisclosed company.

Key Points:

Upon entering full production, the annual chip volume is anticipated by the customer to exceed several million units per annum beyond 2026.
This is a fantastic opportunity short term and is a mega opportunity for exceptional continued growth from 2026," said Anders Storm, Group CEO of Sivers Semiconductors.
Sivers Semiconductors AB (SIVE.ST) is a leader in SATCOM, 5G, 6G, Photonics, and Silicon Photonics that drives innovation in global communications and sensor technology.
With innovation at our core, Sivers Semiconductors is committed to delivering bespoke, high-performance solutions for a better-connected and safer world.

GBK Brand Bar Celebrated their 15th Annual Luxury Lounge prior to Oscars, Presented by Care A2+

Retrieved on:

Tuesday, March 12, 2024

BEVERLY HILLS, Calif., March 12, 2024 /PRNewswire/ -- The Biggest Award night in Hollywood, brought out the brightest stars in Entertainment for GBK Brand Bar's 15th Annual Oscar Luxury Lounge at the Beverly Wilshire Hotel, Presented by CARE A2+. GBK Brand Bar presented select guests over $100,000 in various gifts, including 7 different travel getaways, (African Safari, Turks & Caicos, Greece, and many others) Electronics, Jewelry, and 20 other exciting giveaways. As always, there was an amazing selection of beverages & food to nibble on, as well as music from DJ Kara keeping the guests entertained from the moment they entered.

Key Points:

BEVERLY HILLS, Calif., March 12, 2024 /PRNewswire/ -- The Biggest Award night in Hollywood, brought out the brightest stars in Entertainment for GBK Brand Bar's 15th Annual Oscar Luxury Lounge at the Beverly Wilshire Hotel, Presented by CARE A2+.
GBK Brand Bar presented select guests over $100,000 in various gifts, including 7 different travel getaways, (African Safari, Turks & Caicos, Greece, and many others) Electronics, Jewelry, and 20 other exciting giveaways.
Care A2+ donated product to a local women's shelter in the name of the celebrities present.
Any media inquiries and/or interview request, please contact Tad Hamilton of Mosaic Public Relations at: [email protected]
This press release was issued through 24-7PressRelease.com.

Sivers Semiconductors announces an expanded loan facility of SEK 50 million

Retrieved on:

Monday, March 11, 2024

Storm, Annual, Sivers, The Company, Growth, Communication, YOY, Wireless, AI, Disclosure, Silicon, Silicon photonics, Nasdaq Stockholm, Photonics, Security (finance)

KISTA, Sweden, March 11, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), (the "Company"), a leading supplier of integrated chips and modules for the most advanced communications and sensor solutions, has, according to previous communication in connection with the 2023 fourth-quarter report, agreed to entered into a loan agreement with Formue Nord and partners extending the previous SEK 75 million facility. The new SEK 50 million loan facility includes a SEK 35 million convertible loan at a fixed conversion rate of 4.86 SEK, corresponding to 125% of the closing price for the Company's ordinary shares on Nasdaq Stockholm on 8 March 2023. The Company anticipates this financing, and its own cash flow will fully address funding for at least 2024, without the need for any further capital contributions from shareholders.

Key Points:

The new SEK 50 million loan facility includes a SEK 35 million convertible loan at a fixed conversion rate of 4.86 SEK, corresponding to 125% of the closing price for the Company's ordinary shares on Nasdaq Stockholm on 8 March 2023.
"With this new loan facility, we have now secured our funding base, providing us with the resources needed to meet market demands.
The directed convertible issue is a prerequisite for obtaining the SEK loan facility.
With innovation at our core, Sivers Semiconductors is committed to delivering bespoke, high-performance solutions for a better-connected and safer world.

Foundation Health Secures $6 Million in Seed Funding to Power the Next Generation of Consumer Healthcare Experiences

Retrieved on:

Monday, March 11, 2024

SAN FRANCISCO, March 11, 2024 (GLOBE NEWSWIRE) -- Foundation Health, a pioneering healthcare technology company, today announced the closure of a $6 million seed funding round.

Key Points:

SAN FRANCISCO, March 11, 2024 (GLOBE NEWSWIRE) -- Foundation Health, a pioneering healthcare technology company, today announced the closure of a $6 million seed funding round.
Foundation Health is dedicated to redefining the consumer healthcare experience by empowering clients to quickly develop and launch modern, digital-first pharmacy and telehealth solutions at scale.
"Our vision is to grow Foundation Health into the definitive tech platform for powering and managing complex consumer healthcare operations globally," said Foundation Health founder and CEO, Umar Afridi.
For more information about Foundation Health and its healthcare solutions, visit www.foundationhealth.com .

AmeriCorps Week 2024: Celebrate Millions of Americans Who Answered the Call to Service

Retrieved on:

Monday, March 11, 2024

Washington, DC, March 11, 2024 (GLOBE NEWSWIRE) -- WASHINGTON, DC— March 10-16, AmeriCorps, the federal agency for national service and volunteerism, celebrates AmeriCorps Week , a week-long celebration observed during AmeriCorps 30th Anniversary, recognizing AmeriCorps programs and offers thanks to millions of members and volunteers for uniting in service.

Key Points:

Washington, DC, March 11, 2024 (GLOBE NEWSWIRE) -- WASHINGTON, DC— March 10-16, AmeriCorps, the federal agency for national service and volunteerism, celebrates AmeriCorps Week , a week-long celebration observed during AmeriCorps 30th Anniversary, recognizing AmeriCorps programs and offers thanks to millions of members and volunteers for uniting in service.
In September 2023, AmeriCorps celebrated the 30th anniversary of President Bill Clinton signing the National and Community Trust Act to establish AmeriCorps.
"For thirty years, AmeriCorps members and AmeriCorps Seniors volunteers have been a vital resource for communities and families in greatest need,” said Michael D. Smith, CEO, AmeriCorps.
This AmeriCorps Week, AmeriCorps celebrates the millions of Americans ages 18 and older, who have served with AmeriCorps and AmeriCorps Seniors programs.

Commonwealth of Virginia Selects Voltus as its Demand Response Provider

Retrieved on:

Wednesday, February 21, 2024

Storm, DER, SAN, Distributed generation, Demand response, Commonwealth, Airport, Plant, University, Carbon, Communication, PJM, Electricity, Recycling, Renewable energy

Voltus was selected by Virginia Energy to help participating Commonwealth facilities earn revenue and generate savings by reducing electricity use in response to grid signals, such as high demand, inadequate supply, high prices and high emissions.

Key Points:

Voltus was selected by Virginia Energy to help participating Commonwealth facilities earn revenue and generate savings by reducing electricity use in response to grid signals, such as high demand, inadequate supply, high prices and high emissions.
The Voltus platform will enhance performance during dispatches, track demand response earnings and avoided carbon emissions, and identify new energy efficiency and demand response opportunities, thus creating an increased financial opportunity for Commonwealth facilities.
“Most of our existing customers, like the Commonwealth, participated in PJM demand response programs for years prior to partnering with Voltus.
Voltus is deeply committed to delivering more demand response value to our customers, in some cases tripling demand response value compared to previous providers.

AIR-A Appoints Emmy Award-winning Producer, Bolsters Legal Team, and Announces New Partnership

Retrieved on:

Thursday, March 7, 2024

In this role, Lewis is responsible for overseeing all aspects of the production process for AIR-A Network, including content creation, live events, and remote programming.

Key Points:

In this role, Lewis is responsible for overseeing all aspects of the production process for AIR-A Network, including content creation, live events, and remote programming.
As the coordinating producer for the network’s signature news and information show, Lewis won back-to-back Sports Emmys for Outstanding Studio Show.
AIR-A announced on Thursday that its outside legal team will include trademark lawyers Phillip Barengolts and Brett Manchel from Pattishall, McAuliffe, Newbury, Hilliard & Geraldson LLP.
The workstation features high-performance hardware to facilitate the execution of broadcast-related functions, such as real-time processing of high-resolution video, streaming, editing, and design.

Comcast Boosts Speeds for Millions of Xfinity Internet Customers

Retrieved on:

Wednesday, March 6, 2024

Today, millions of Xfinity Internet customers are waking up to faster speeds at no additional cost.

Key Points:

Today, millions of Xfinity Internet customers are waking up to faster speeds at no additional cost.
Xfinity has 99.99 percent reliability, and the Xfinity network utilizes artificial intelligence to keep customers connected by fixing issues before they even affect homes.
Xfinity Promotional Offers – ACP participants who are existing Xfinity customers or new to Xfinity can take advantage of current promotional offers.
Internet Essentials – Xfinity customers benefitting from ACP are automatically eligible to enroll in Internet Essentials for as low as $9.95 a month or Internet Essentials Plus, which doubles the speed of traditional Internet Essentials for $29.95 per month.