Risk

RMS Advances Climate Risk Modeling and Moves More Models to High Definition

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Wednesday, May 18, 2022 - 3:30pm

RMS HD Models represent the next generation of risk modeling, delivering deeper analysis and granularity from Moodys.

Key Points: 
  • RMS HD Models represent the next generation of risk modeling, delivering deeper analysis and granularity from Moodys.
  • Julie Serakos, Senior Vice President, Model Production Management, RMS, said: The RMS High Definition Models are delivering a step-change in risk analysis across the insurance industry.
  • RMS helped pioneer the catastrophe risk industry, and continues to lead in innovation by offering unmatched science, technology, and 300+ catastrophe risk models.
  • 2022 Risk Management Solutions, Inc. RMS, the RMS logo, and RMS Risk Intelligence are trademarks of Risk Management Solutions, Inc. All other trademarks are property of their respective owners.

IPG Launches Crowdfunding Campaign to Help Businesses Ditch Their Diesel Generators

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Wednesday, May 18, 2022 - 12:26pm

An investment opportunity is now open with climate tech company IPG, who has today announced the launch of its crowdfunding campaign to support its mission to replace the diesel generator.

Key Points: 
  • An investment opportunity is now open with climate tech company IPG, who has today announced the launch of its crowdfunding campaign to support its mission to replace the diesel generator.
  • IPGs patented product, the IPG Flameless Generator, disrupts the chicken-and-egg scenario between the supply and demand of renewable fuels, giving businesses the confidence to ditch their diesel gensets today.
  • This will provide valuable energy security for businesses by de-risking the switch to hydrogen and biofuels, enabling them to end their reliance on diesel.
  • IPG is currently raising EIS-eligible investment through Seedrs crowdfunding platform to enable our customers to replace their diesel generators.

Veeam Previews Future Product Releases and Functionality as It Strengthens Its Single Platform to Protect All Data in the Hybrid Cloud

Retrieved on: 
Wednesday, May 18, 2022 - 4:30pm

Veeam provided a select preview of the future, showcasing innovations around upcoming updates to its single platform to protect all data across all environments cloud, virtual, SaaS, Kubernetes and physical.

Key Points: 
  • Veeam provided a select preview of the future, showcasing innovations around upcoming updates to its single platform to protect all data across all environments cloud, virtual, SaaS, Kubernetes and physical.
  • With Veeam, you own, control and securely backup and recover your data anywhere in the hybrid cloud.
  • Veeam enables organizations to confidently move to the cloud, avoiding lock-in with cloud mobility.
  • For the first time, Veeam unveiled V12 at VeeamON 2022, previewing even more capabilities in cloud, security and enterprise focus areas.

Mister Teams up With Global Water Education Leader

Retrieved on: 
Wednesday, May 18, 2022 - 1:00pm

Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW) announced a partnership with the Project WET Foundation , a global non-profit water education organization.

Key Points: 
  • Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW) announced a partnership with the Project WET Foundation , a global non-profit water education organization.
  • Together, the pair aims to advance and amplify water education, resources, and action steps for the global water-consuming community.
  • Later this year, Mister will share a look behind the water systems used by the company and provide water stewardship resources and actions.
  • Project WETs (Water Education Today) mission is to advance water education to understand global challenges and inspire local solutions.

SOL Global Continues Principal Re-Payments Towards $50 Million Credit Facility

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Wednesday, May 18, 2022 - 1:00pm

SOL Global Investments Corp. (the Company or SOL Global) (CSE: SOL) (OTCQ SOLCF) (Frankfurt: 9SB) is pleased to announce that it has repaid an additional $1.5 million toward its $50 million credit facility with an arms length lender (the Credit Facility), reducing the principal amount of the Credit Facility to $21.379 million.

Key Points: 
  • SOL Global Investments Corp. (the Company or SOL Global) (CSE: SOL) (OTCQ SOLCF) (Frankfurt: 9SB) is pleased to announce that it has repaid an additional $1.5 million toward its $50 million credit facility with an arms length lender (the Credit Facility), reducing the principal amount of the Credit Facility to $21.379 million.
  • SOL Global intends to continue making principal payments towards the Credit Facility on a regular basis and will provide further updates of material changes respecting the Credit Facility, including any additional payments.
  • There is no assurance that SOL Global will be able to continue to make payments or servicing other obligations under the Credit Facility, or its other current or future debt, on the expected timeline, in the manner described or at all.
  • Additional risk factors respecting SOL Global can also be found in SOL Globals current Managements Discussion & Analysis, which has been filed on SEDAR and can be accessed at www.sedar.com .

Surf Air Mobility to Go Public Through $1.42 Billion Merger With Tuscan Holdings Corp. II, Accelerating the Rollout of Industry Leading Hybrid Electric Aircraft

Retrieved on: 
Wednesday, May 18, 2022 - 12:00pm

Surf Air Mobility is positioned to bring benefits to consumers quickly while creating opportunities for the entire aviation industry.

Key Points: 
  • Surf Air Mobility is positioned to bring benefits to consumers quickly while creating opportunities for the entire aviation industry.
  • Surf Air Mobility (SAM) is a Los Angeles-based electric aviation and air travel company reinventing flying through the power of electrification.
  • Surf Air Mobility is the parent company of Surf Air Inc. For more information, visit: https://surfair.com .
  • This press release contains financial forecasts for Surf Air Mobility with respect to certain financial results for Surf Air Mobilitys fiscal years 2021 through 2024.

UrbanFootprint Raises $25 million Series B to Expand Urban Intelligence Platform that Enables Better Decision-Making on Critical Infrastructure Investments

Retrieved on: 
Wednesday, May 18, 2022 - 2:00pm

UrbanFootprint , the worlds first Urban Intelligence platform, today announced that it has raised a $25 million Series B funding round led by Citi (via its Citi Ventures and SPRINT groups) and Social Capital, an early investor in UrbanFootprint.

Key Points: 
  • UrbanFootprint , the worlds first Urban Intelligence platform, today announced that it has raised a $25 million Series B funding round led by Citi (via its Citi Ventures and SPRINT groups) and Social Capital, an early investor in UrbanFootprint.
  • UrbanFootprint will deploy this new capital to accelerate the delivery of climate and community intelligence to the energy, government, finance, and real estate sectors.
  • Top urban planning firms and real estate investors use UrbanFootprint to inform where to invest in new housing, transit systems, and commercial space.
  • UrbanFootprint is the world's first urban intelligence platform a comprehensive urban, climate, and community resilience data system that serves mission-critical insights to the institutions that are rebuilding, financing, and insuring the world's physical and social infrastructure.

Surf Air Mobility Enters Into Exclusive Agreements With AeroTEC and MagniX to Accelerate Development of Electrified Commercial Aircraft

Retrieved on: 
Wednesday, May 18, 2022 - 12:00pm

These hybrid and fully-electric aircraft will be designed to reduce operating costs and emissions and greatly improve the affordability of regional air mobility.

Key Points: 
  • These hybrid and fully-electric aircraft will be designed to reduce operating costs and emissions and greatly improve the affordability of regional air mobility.
  • magniX and AeroTEC have successfully flown a fully-electric Cessna Grand Caravan 208B, demonstrating the technology and proving the feasibility of the future of electrified air travel.
  • AeroTEC and magniX are perfect partners for SAM to accelerate electrification of Cessna Grand Caravans and to lead the new era of green flying, said Sudhin Shahani, Co-founder and CEO of Surf Air Mobility.
  • Surf Air Mobility (SAM) is a Los Angeles-based electric aviation and air travel company reinventing flying through the power of electrification.

Aerojet Rocketdyne Executive Chairman and Aligned Shareholder Warren Lichtenstein Announces Slate’s Recruitment of Experienced and Qualified CEO Candidate

Retrieved on: 
Wednesday, May 18, 2022 - 2:00pm

I believe my slates recruitment of Mark Tucker further demonstrates that we possess these essential qualifications.

Key Points: 
  • I believe my slates recruitment of Mark Tucker further demonstrates that we possess these essential qualifications.
  • I see a tremendous opportunity to help stabilize Aerojet Rocketdyne and oversee stronger results for the Companys shareholders, customers and employees.
  • Serving as Chief Executive Officer of Aerojet Rocketdyne is the ideal capstone to my nearly four-decade career in the aerospace world.
  • Mark Tucker is a proven aerospace executive and previously served as Aerojet Rocketdynes Chief Operating Officer from 2015 through 2020.

Blockchain Veteran and Core Developer Bryan Bishop Teams Up With Shyft Network To Lead Global Security Efforts

Retrieved on: 
Wednesday, May 18, 2022 - 4:00pm

Shyft Network (Shyft), a public protocol designed to validate identity and power compliance directly into blockchain data, today announced that Bryan Bishop, a renowned Bitcoin core developer, technologist, and veteran of the blockchain industry, is teaming up with Shyfts core development team to collaborate on strengthening the global network security, scalability, and interoperability.

Key Points: 
  • Shyft Network (Shyft), a public protocol designed to validate identity and power compliance directly into blockchain data, today announced that Bryan Bishop, a renowned Bitcoin core developer, technologist, and veteran of the blockchain industry, is teaming up with Shyfts core development team to collaborate on strengthening the global network security, scalability, and interoperability.
  • Thomas Borrel, Chief Operating Officer of Shyft, said, "Bryan is a brilliant engineer whose significant experience as a developer and blockchain consultant will be extremely additive to our talented team of technologists and compliance professionals.
  • Mr. Bishop said, "Veriscope is a necessary step towards continuing to bring crypto into the existing financial system.
  • Mr. Bishop is a longtime software engineering consultant and contractor and has worked on behalf of companies including Blockstream and Genomic Prediction.