Beekeeping

The Drone Racing League and T-Mobile Bring Epic Championship Drone Race to the Las Vegas Strip

Monday, October 25, 2021 - 12:00pm

NEW YORK, Oct. 25, 2021 /PRNewswire/ --The Drone Racing League (DRL), the world's premier, professional drone racing property, today announced the DRL Vegas Championship Race Presented by T-Mobile, the finale of the 2021-22 DRL Algorand World Championship Season.

Key Points: 
  • NEW YORK, Oct. 25, 2021 /PRNewswire/ --The Drone Racing League (DRL), the world's premier, professional drone racing property, today announced the DRL Vegas Championship Race Presented by T-Mobile, the finale of the 2021-22 DRL Algorand World Championship Season.
  • As the biggest event during the largest global tech conference, the DRL Vegas Championship Race Presented by T-Mobile will feature the world's best drone pilots, a custom-designed aerial race track, and a star-studded concert.
  • "Our Championship Race will showcase the incredible collaboration between T-Mobile and the Drone Racing League on the greatest stage for the world's top technology leaders.
  • The Drone Racing League (DRL) is the world's premier, professional drone racing property.

HIVE Blockchain Restates Previously Issued Financial Statements Based on Non-Cash Valuation of 25,000 Ethereum Investments

Monday, October 25, 2021 - 12:00pm

Vancouver, British Columbia--(Newsfile Corp. - October 25, 2021) - HIVE Blockchain Technologies Ltd. (TSXV: HIVE) (Nasdaq: HIVE) (FSE: HBF) (the "Company" or "HIVE") has announced that the previously issued financial statements for the interim period ended June 30, 2021 and 2020 and the corresponding management's discussion and analysis (collectively, the "Original Documents") have been restated and reissued (collectively, the "Restated Documents") and filed under the Company's profile on www.sedar.com. An incorrect mark-to-market value relied upon in the Original Documents caused the coin inventory of 25,000 Ethereum to be higher and, as a result, the Company's profit, to be overstated by approximately US$5.0 million. Revenue as reported for the quarter remains unchanged. Earnings are comprised of two major components, cash flow from operations and changes in liquid investments like stocks, bonds and digital assets such Bitcoin (BTC) and Ethereum (ETH). The earnings reported from operations have not changed however the price used to value the 25,000 ETH coins in our cold wallet have been restated and reduced by US$200 per ETH coin, which amount is expected to be fully recovered in the following quarter ended September 2021 due to an increase in the mark-to-market value of ETH coins.

Key Points: 
  • Earnings are comprised of two major components, cash flow from operations and changes in liquid investments like stocks, bonds and digital assets such Bitcoin (BTC) and Ethereum (ETH).
  • The effect of the restatement does not impact the Company's ongoing operations, revenue from digital currency mining, equipment or other assets.
  • About HIVE Blockchain Technologies Ltd.
    HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy.
  • Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards.

El Salvadoran Honey Company Plans to Bring Sweetness and Nutrition to America

Thursday, October 21, 2021 - 7:22pm

De Valiente said people don’t realize the power of nature’s most amazing animals -- bees.

Key Points: 
  • Health Co., a health and wellness company based in El Salvador, announced recently it would bring its high-quality honey products and dietary supplements to America.
  • Apiculture, or beekeeping, provides tasty food but also high-quality nutrition, she added.
  • This is why we developed high-quality supplements from a wide variety of natural extracts and honey.
  • The exotic flavor of mangos, strong and delicious green apples, and traditional natural honey are the principal flavors of creamed honey, she added.

Draganfly Commences Drone Pilot Training Program at Alabama State University

Thursday, October 21, 2021 - 12:45pm

Los Angeles, CA., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (Draganfly or the Company), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that its Drone Pilot Training program is now being offered at Alabama State University (ASU) in Montgomery, Alabama.

Key Points: 
  • Los Angeles, CA., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (Draganfly or the Company), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that its Drone Pilot Training program is now being offered at Alabama State University (ASU) in Montgomery, Alabama.
  • From sophomores to PhD experts, the Drone Pilot Training program teaches future generations how to solve real world problems through the proper operation of unmanned aerial vehicles, said Cameron Chell, CEO of Draganfly.
  • With the help of ASU and their association within the HBCU community we see a lot of potential to grow this program into a national footprint of drone pilot training at the university level.
  • Draganflys Drone Pilot Training program will also be commercialized next year.

HIVE Increasing Hashpower By 585 PH/s By Buying 6,500 High Performance Bitcoin Miners

Thursday, October 21, 2021 - 6:00am

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 21, 2021) - HIVE Blockchain Technologies Ltd. (TSXV: HIVE) (Nasdaq: HIVE) (FSE: HBF) (the "Company" or "HIVE") is excited to announce the purchase of 6,500 next generation Bitcoin miners.
  • The integration of these miners into HIVE's systems will be made in tranches over the next 130 days.
  • Bitcoin continues to have a daily volatility of plus or minus 6% and investors should be aware of this volatility.
  • This new production along with our monthly deliveries of previously announced miners will quickly accelerate building up our Bitcoin reserves.

Encycle and Enersponse Announce Partnership to Provide Specialized Demand Management (DM) Solutions for Retailers

Wednesday, October 20, 2021 - 3:20pm

Enersponse has enabled participation in utility programs for over 7,000 commercial sites to which they provide millions of dollars of incentives each year.

Key Points: 
  • Enersponse has enabled participation in utility programs for over 7,000 commercial sites to which they provide millions of dollars of incentives each year.
  • Enersponse has avoided over 5,000,000 lbs of CO2 emissions this year and saved almost 6,000 MWh of energy consumption.
  • "Retailers are already struggling from the economic and labor effects of the Covid-19 pandemic," said Steve Alexander, Encycle President and COO.
  • "Our partnership with Enersponse brings large and small commercial customers an elegant solution to achieve energy cost savings in addition to cash payments.

BeeHero Lands $19M to Scale Data-Driven Precision Pollination and Transform the Global Food Crisis

Wednesday, October 20, 2021 - 2:00pm

New plans include ramping up the company's end-to-end services for major food growing operations on an accelerated path to becoming the largest pollination provider in the US and helping solve the global food crisis.

Key Points: 
  • New plans include ramping up the company's end-to-end services for major food growing operations on an accelerated path to becoming the largest pollination provider in the US and helping solve the global food crisis.
  • "BeeHero continues to drive transformation in the pollination industry," said Richard O'Gorman, MD of the Rabo Food & Agri Innovation Fund.
  • "Solving the global food crisis depends on conjoining efforts of growers and beekeepers to scale their operations, incrementally innovating current and generational knowledge and processes," said Omer Davidi, CEO of BeeHero.
  • With millions of dollars in revenues since launch, BeeHero is rapidly becoming the largest pollination provider in the US by augmenting the precision agriculture movement.

Rapid Growth in Demand for Observability Fuels $50M Series C for Honeycomb, Led by Insight Partners

Wednesday, October 20, 2021 - 1:00pm

George Mathew, Insight Partners

Key Points: 
  • George Mathew, Insight Partners
    Observability is succeeding APM because it enables teams to quickly find critical issues in their cloud-native, microservices-based apps.
  • The recent round of funding comes as observability adoption rapidly accelerates and, according to O'Reilly Media , "Observability saw the greatest growth in the past year (128%), while monitoring is only up 9%."
  • "We are very pleased to have Insight Partners join our existing investors as we scale to meet the demands for observability," said Christine Yen, CEO of Honeycomb.
  • Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all.

Fortem DroneHunter Successfully Takes Down Target Drone at Norway's Avinor Oslo Airport in Landmark Test Event

Tuesday, October 19, 2021 - 3:00pm

The recent test event at Oslo Airport in Norway was spearheaded by Interpol, Avinor, the police, and UAS Norway to demonstrate counter drone capabilities.

Key Points: 
  • The recent test event at Oslo Airport in Norway was spearheaded by Interpol, Avinor, the police, and UAS Norway to demonstrate counter drone capabilities.
  • Following the drone incident in 2018 that shut London's Gatwick Airport down for two days, sightings of drones at airports are still occurring.
  • The operation at Avinor Oslo was used to test various counter-drone systems.
  • It was the first time the Norwegian police were shown options for how to safely mitigate a threatening drone.

Empowering Drone Operators to Help Farmers Grow Profits with "Smart Farming" Technology

Tuesday, October 19, 2021 - 2:00pm

Aquiline Drones (AD), a drone and cloud solutions company, has an immediate solution Smart Farming with Drones , an online training course.

Key Points: 
  • Aquiline Drones (AD), a drone and cloud solutions company, has an immediate solution Smart Farming with Drones , an online training course.
  • "The educational journey offered here takes the user through the ever-expanding world of drone-based smart farming solutions covering crop, orchard and livestock operations.
  • Studying crop health applications - how spectral reflectance properties of vegetation are leveraged to help farmers early-detect crop stress factors and mitigate losses.
  • Learning how drone-based sowing and damage assessments can become powerful operational enhancements, empowering farmers to leverage increasing value from smart farming operations.