Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

Unintentional Falls Number 1 Cause Of Death For Americans Over 65, 40% Of Americans Scared Of Walking Alone At Night – LogicMark Offers Solutions

Benzinga

By Meg Flippin, Benzinga The world can be a dangerous place whether you are out walking or living alone. Protecting yourself from attacks, emergencies or other calamities isn’t always that easy if there is no one around to help. Unintentional falls in the home are a major concern, being the number one cause of injury and death among people 65 and older. Safety concerns exist for individuals of all ages as they navigate life. Some 40% of Americans polled by Gallup said they would be scared walking alone at night in their neighborhoods; a thirty-year high. To address those concerns, companies are churning out remote monitoring devices, going after a market forecast to grow at a CAGR of 11.2% between now and 2028. But many are singularly focused, catering either to the aging population or to people who don’t feel safe in parking lots, getting in a ride-share or walking alone. One company going against the grain by offering solutions to both groups is LogicMark Inc. (NASDAQ: LGMK). The maker of personal emergency response systems (PERS ), health communications devices and IoT technologies has a suite of products designed to create a connected care platform that can help whether you are at home or out and about. Monitoring At Home And On The Go The Freedom Alert Mini is a compact, on-the-go safety device that offers a comprehensive set of life-saving features. With 4G LTE connectivity, at the push of a button, users can call for help everywhere there is cell service. LogicMark aims to ensure reliable communication even in situations where the user can’t speak. The company’s built-in patented fall detection technology detects falls and sudden movements, triggering an alert for help. Thanks to LogicMark’s geofencing technology, caregivers also receive alerts if their loved one moves beyond a virtual geographic boundary. GPS location service pinpoints exactly where a device is, sending help when the user is unable to speak or respond. Freedom Alert Mini connects to a 24/7 U.S.-based monitoring service that promptly contacts first responders and loved ones or caregivers when necessary. Companion Apple iOS and Android apps enable pairing to detect falls, engaging in two-way communication during an emergency and caregiving monitoring. Check out LogicMark’s investment deck here. Freedom Alert Plus is an in-home medical device that boasts several features. It includes patented fall detection, two-way communication during an emergency, and calls a 24/7 monitoring service. The device connects to in-home Wi-Fi, allowing users to reach emergency services at the press of a button or when a fall is detected. The Freedom Alert Plus companion app enables fall detection alerts, device pairing, two-way communication during an emergency, caregiver alerts, and more. No Strings Monitoring LogicMark also has a suite of devices that aim to provide safety without monitoring fees. Guardian Alert Plus is a 4G LTE-connected device that, with a press of a button, connects directly with 911 to dispatch first responders. This on-the-go device has 4G LTE coverage, two-way voice communication, and a long battery life, the company says. For in-home use, LogicMark has two devices. Freedom Alert allows users to connect with friends and family or 911 in an emergency. With the push of a button, the device can call up to four pre-programmed contacts and features 911 call forwarding. In emergencies, a family member on the line can press five to connect you directly with 911. Guardian Alert 911 connects users to 911 with the push of a button. One button means that even during a confusing or frightening moment, the user can easily call for emergency services or notify a caregiver. The device also supports two-way voice communication. Both devices use the customer’s landline to connect to emergency services. Guardian Alert 911 works within a 600-foot radius of the base unit. Freedom Alert and Guardian Alert 911 have long batteries that LogicMark says last three to six months based on battery saver settings. There’s An App For That LogicMark’s work goes beyond just making devices. It has also developed multiple personal safety apps to form a connected care platform. Their standalone app, Aster, turns mobile phones into personal safety devices. Aster is designed for people who are worried about their safety, whether in parking lots, on a date, walking down the street or in a rideshare. Users have four ways to get help: a Bluetooth button, a home screen slider for quick access to emergency services, a ‘Hold Until Safe’ button to arm the app, and the ‘Follow-Me’ feature to schedule alerts and check-ins. Once activated, the app requires you to enter a PIN to cancel if the threat becomes less urgent. Emergency services are alerted and dispatched to the phone’s GPS location. Users can add trusted followers for check-ins and schedule events that alert followers if they don’t check in on time. The app will call emergency services if you don’t check in before the timer is canceled. Aster’s Bluetooth button is a small device that clips to a purse, keychain or backpack strap that users can push to call for help without opening their phone. The button calls for help with three presses, a 24/7 monitoring service will answer and stay on the phone until users feel safe. The compact button has a five-month battery life. Whether you are at home or out and about, with LogicMark’s suite of medical alert devices and the Aster App, you can feel safe and secure no matter what stage of life you are in. From devices that have live monitoring, GPS location pinpointing and fall detection to ones that can contact your friends and family when you can’t, the company says it is striving to make the world safe. It is aiming to appeal to a growing base of older adults as well as innovating to attract younger generations. A multi-pronged approach to protecting a broad spectrum differentiates LogicMark in the industry, the company says, and is behind the company’s growth, in addition to business-to-business and business-to-government sales channels. Take a glance at LogicMark’s stock chart here Featured photo by Artem Kniaz on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 07, 2024 09:00 AM Eastern Standard Time

Image

Aspan Galaxy Lights Up Almaty Skies with Spectacular Drone Show for Republic Day

Rev Up Marketers

Aspan Galaxy, Kazakhstan’s leading drone light show company, took center stage in Almaty’s Republic Day celebrations, delivering a breathtaking aerial performance that captivated thousands. Held at Abay Square in front of the Republic Palace, the event showcased cutting-edge drone technology and creative choreography, underscoring Aspan Galaxy’s role in revolutionizing large-scale public celebrations in Kazakhstan. The drone show featured hundreds of drones equipped with advanced LED lights, forming stunning depictions of Kazakhstan’s cultural icons. Highlights included illuminated displays of the Golden Man (Altyn Adam), a tulip symbolizing the region’s natural beauty, and a snow leopard representing conservation efforts. Each formation, perfectly synchronized to music, offered a multisensory experience for attendees. "Aspan Galaxy’s mission is to blend technology and art in a way that celebrates Kazakhstan’s heritage while minimizing environmental impact," said a company spokesperson. “This Republic Day show marks a significant step forward in how large-scale events can embrace eco-friendly solutions while delivering awe-inspiring entertainment.” The use of drones as an alternative to traditional fireworks underscores Aspan Galaxy's commitment to sustainability and innovation. By harnessing drone technology, the company offers environmentally friendly performances that enhance Kazakhstan’s reputation as a forward-thinking and creative destination for tourism. Almaty’s Republic Day event not only highlighted the city’s cultural richness but also positioned Aspan Galaxy at the forefront of innovative entertainment. As Kazakhstan’s first drone show company, Aspan Galaxy continues to push the boundaries of technology and creativity, reinforcing its role as a key player in the region’s evolving tourism and event landscape. About Aspan Galaxy Aspan Galaxy is Kazakhstan’s premier drone light show company, specializing in the fusion of technology and art to create spectacular visual experiences. Known for its eco-friendly performances, Aspan Galaxy is committed to promoting Kazakhstan’s cultural heritage and environmental sustainability through innovative entertainment solutions. For more information Visit https://www.aspangalaxy.kz Contact Details Aspan Galaxy Symbat Serik +7 778 504 0208 info@aspangalaxy.kz Company Website https://www.aspangalaxy.kz

November 07, 2024 03:01 AM Eastern Standard Time

Image

OEIS Protection Expands Global Cybersecurity Footprint with New Initiatives and Strategic Partnerships

Rev Up Marketers

OEIS Protection, a leader in cybersecurity and private investigation, continues to make strides in global digital security, furthering its mission to safeguard sensitive information and protect human rights. Founded by Dr. Dinah Lilia Mansour Mourise, a prominent forensic expert and cybersecurity advocate, OEIS Protection delivers state-of-the-art cyber-defense and data security services to individuals, corporations, and governments worldwide. Based in Los Angeles, OEIS Protection has become synonymous with innovative cybersecurity solutions, supporting organizations in defending against complex digital threats. Under Dr. Mourise’s guidance, OEIS has expanded its influence through collaborations and strategic partnerships, offering tailored cyber-protection and consulting services that meet the evolving needs of clients across diverse industries. With a deep-seated commitment to social responsibility, Dr. Mourise has positioned OEIS Protection as a pioneer in the intersection of cybersecurity and humanitarian efforts. The firm actively supports anti-trafficking initiatives, utilizing its technological expertise to assist in the fight against human and organ trafficking. Dr. Mourise’s focus on trauma-informed care for trafficking survivors adds a unique dimension to OEIS’s approach, emphasizing both preventative measures and post-trauma support. In addition to its cybersecurity services, OEIS Protection offers private investigation solutions, providing clients with reliable tools to safeguard their digital and personal information. These services include threat detection, data protection, and vulnerability assessments designed to address the current and future cyber risks faced by individuals and enterprises. In January 2024, Dr. Mourise led a landmark symposium at Delphin Hall in Niagara Falls, Canada, bringing together international dignitaries and cybersecurity experts to discuss pressing issues related to global security, human rights, and mental health. Hosted by OEIS Protection, the event attracted international top officials and leaders, including local prominent law enforcement figures and cybersecurity advocates. The symposium reinforced OEIS Protection’s role as a key player in advancing international cybersecurity initiatives and promoting social responsibility within the tech industry. In addition to her work at OEIS, Dr. Mourise is also the founder of the Lilia Redemption Foundation, an organization devoted to providing support, resources, and hope to survivors of human trafficking. The foundation began as a small, grassroots effort driven by Dr. Mourise’s experiences and insights into the struggles of trafficking survivors. Under her leadership, the Lilia Redemption Foundation has grown into an influential force in promoting psychological care, rehabilitation programs, and public awareness about human trafficking. Dr. Mourise’s work through her foundation not only aids survivors in their recovery journey but also raises critical awareness of trafficking issues in underserved regions, aiming to end the cycle of exploitation. The foundation collaborates with global partners to create programs that address both immediate needs and long-term support, reflecting Dr. Mourise’s dedication to advocacy and social justice. About OEIS Protection is a Los Angeles-based cybersecurity and private investigation company founded by Dr. Dinah Lilia Mansour Mourise. Specializing in advanced digital security and cyber-intelligence solutions, OEIS Protection is dedicated to safeguarding individuals, corporations, and governments against cyber threats. Through its commitment to innovation and social responsibility, OEIS also plays a significant role in humanitarian efforts, supporting initiatives to combat human trafficking and advocating for the protection of vulnerable populations worldwide. Contact Details OEIS Protection Sally Fouad +1 866-527-1944 info@oeis.us Company Website http://www.oeis.us

November 07, 2024 02:56 AM Eastern Standard Time

Image

Tulare County Rural Broadband Project Breaks Ground

Comcast California

Today, Comcast hosted a groundbreaking ceremony in Pixley, CA, a rural community approximately 30 miles south of Visalia, to kick off its new rural broadband expansion project in Tulare County. The project will bring Comcast’s smart, fast, reliable, fiber-rich Xfinity broadband network to approximately 6,200 previously unserved locations in areas of Alpaugh, Dinuba, Earlimart, Kingsburg, Pixley, Sultana, Traver, Tulare, Visalia, and Tipton and is expected to be completed by early 2026. The planned expansion adds to Comcast’s more than $4 billion in technology and infrastructure investments across California in the past three years. The expansion is made possible by a more than $26 million Federal Funding Account (FFA) grant from the California Public Utilities Commission (CPUC) and private funding by Comcast. Additionally, Comcast announced a $25,000 contribution to the Tulare County Office of Education Foundation to help create greater digital equity and provide digital literacy resources that enable students, individuals, and families to access high speed Internet and more fully participate in the digital economy. “What we value so much about Comcast is they take a big picture view of our community,” said Fernie Marroquin, Assistant Superintendent, Tulare County Office of Education. “So yes, deploying this kind of advanced networking technology is huge. But Comcast goes beyond that to ask ‘how else can we help?’ And with a financial contribution of this size and scale, that much needed help can go a long way toward supporting a variety of needs -- and our community greatly appreciates it.” “We could not be happier or prouder that Tulare County is one of the first areas to receive a Federal Funding Account grant to bring high-speed broadband to our rural communities,” Pete Vander Poel, Tulare County Board of Supervisors. “This sizable investment in our technology infrastructure will drive economic development, support existing businesses, while attracting new ones, and enable enhanced educational opportunities and career growth for our residents. We are grateful to Comcast and the CPUC and look forward to working together to bring this important project to fruition.” “Access to next-generation broadband is something that some communities may take for granted, but it’s a really big deal in this rural part of the state.” said Donnette Silva Carter, CEO of the Tulare Chamber of Commerce. “I can’t wait to see how this technology shapes our future, supports the region’s growth, and enables us to compete in ways that were never even possible before. I think this is going to be a game changer!” Comcast’s commitment to new communities goes beyond the build—addressing digital opportunities in communities through Project UP, the company’s $1 billion dollar commitment to help tens of millions of people connect to the Internet and build futures of unlimited possibilities. Over the past three years, Comcast has invested more than $130.5 million in cash and in-kind donations into California nonprofits focused on helping people build digital skills, expanding WiFi connected Lift Zones, and funding connectivity and Internet adoption programs. Comcast’s funding also supports ongoing efforts to build awareness about affordable connectivity services like Internet Essentials, which offers eligible households high-speed Internet for $9.95/month or Internet Essentials Plus for $29.95/month. Affordable computers are also available through Internet Essentials. Since its inception in 2011, the program has connected more than 2.2 million Californians. Residential customers will be able to take advantage of Xfinity’s full suite of products, including Internet, video, mobile, voice and managed home solutions. For local businesses, Comcast Business will offer a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of different sizes prepare for what’s next. Industry analysts and associations have consistently recognized Comcast Business as a leader and innovator, and one of the fastest-growing providers of Ethernet services. Comcast’s network and Internet experience are powering homes today and into the future. Ultimate Capacity: Xfinity customers connect more than 1 billion devices across the company’s network annually. With the next-generation Xfinity gateways, we deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. Fastest Internet: Nearly a third of Xfinity Internet customers subscribe to gigabit speed products. Recently Comcast connected the first customers in the world to a DOCSIS 4.0 connection, delivering symmetrical gig speeds over existing connections in customers’ homes with plans to continue to rollout these speeds across the country over the coming years. Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful WiFi Boost Pod that extends coverage to hard-to-reach areas of the home. Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network that passes 62 million homes and businesses and counting. The company launched Storm-Ready WiFi, a new device that comes powered with cellular and battery backup to help keep customers connected even when the power goes out. Ultra-Low Latency: The Xfinity network and the latest Xfinity Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. For local businesses in Tulare County, Comcast Business will offer a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of different sizes prepare for what’s next. About Comcast Business Comcast Business offers leading global businesses the technology solutions and forward-thinking partnership they need. With a full suite of solutions including fast, reliable connectivity, secure networking solutions and advanced cybersecurity and a range of managed service options, Comcast Business is ready to meet the needs of businesses of all sizes. Comcast Business has been recognized by leading analyst firms for its continued growth, innovation and leadership, and is committed to partnering with customers to help them drive their businesses forward. For more information, call 800-501-6000. Follow @ComcastBusiness on social media networks at http://business.comcast.com/social. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Comcast California Joan Hammel +1 925-519-4874 joan_hammel@comcast.com Company Website https://california.comcast.com/

November 06, 2024 04:21 PM Pacific Standard Time

TRON Unites as Silver Sponsor at SmartCon, Justin Sun Announces TRON Integration with Chainlink Data Feeds

TRON DAO

Geneva, Switzerland, November 6, 2024 - Justin Sun, Founder of TRON, Global Advisor of HTX and Prime Minister of Liberland, delivered a keynote address at the Chainlink SmartCon, held in Hong Kong from October 30 -31. This industry-leading conference brought together top blockchain founders and experts from the world's largest financial institutions and market infrastructures, where TRON DAO was featured as a Silver Sponsor. During his keynote speech, Sun announced that Chainlink Data Feeds will become the official data oracle solution for the TRON blockchain ecosystem as part of TRON DAO joining the Chainlink Scale program. Event Highlights TRON DAO was proud to participate as a Silver Sponsor at Chainlink’s SmartCon, where its booth became a vibrant hub for engaging with industry leaders, developers, and blockchain enthusiasts. The event offered TRON a valuable opportunity to showcase its latest innovations and vision for empowering creators, developers, and users through a decentralized ecosystem. Justin Sun’s Keynote Highlights "Chainlink's industry-standard data oracles will help secure JustLend and JustStable —the two largest DeFi applications on TRON, representing over 6.5 billion in Total Value Locked (TVL)," Sun stated. TRON’s participation in the Chainlink Scale program provides developers with sustainable access to high-quality and hyper-reliable oracle services while also creating additional opportunities for Chainlink and TRON’s $60 billion in stablecoins and real-world assets (RWAs). Initially, TRON will cover certain operating costs of Chainlink oracle networks (e.g., transaction gas fees) for a period of time, before such costs can transition to being fully covered by dApp user fees as the ecosystem matures. Sun also highlighted the TRON blockchain's significant growth, reporting a global user base of over 270 million accounts and 8.8 billion transactions. Additionally, the TRON blockchain achieved historical highs with $577 million in quarterly protocol revenue in Q3 2024. Looking Ahead In closing his keynote, Sun highlighted several initiatives on TRON’s roadmap: a Bitcoin Layer 2 solution and gas-free stablecoin transfers. With these key initiatives, TRON DAO plans to expand accessibility, empower developers, and ease blockchain adoption, setting a strong foundation for developers and projects building on the TRON blockchain. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of November 2024, it has over 270 million total user accounts on the blockchain, more than 8.8 billion total transactions, and over $16 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

November 06, 2024 01:07 PM Eastern Standard Time

Image

Giving Traders What They Want: The Trading Pit Adds NinjaTrader Integration

Benzinga

By Meg Flippin, Benzinga When it comes to trading, speed is of the essence. To be successful, traders need access to fast trading platforms, customizable tools and deep insights into market moves. The Trading Pit, a proprietary trading firm, knows that – which is why it just added integration with NinjaTrader to its arsenal of trading platforms. It makes sense that The Trading Pit would integrate with the NinjaTrader platform. After all, NinjaTrader has a reputation in the market for its speed, efficiency and customizable features, reports The Trading Pit. NinjaTrader is also something the trading firm says customers were clamoring for, and since it’s committed to giving its prop traders what they want, integration with NinjaTrader was a no-brainer. “Traders have shown great enthusiasm for the NinjaTrader platform, renowned for its speed, efficiency and customizable features,” wrote The Trading Pit when announcing the integration. “At The Trading Pit, we’ve always prioritized listening to our community, and this integration is a clear reflection of that commitment. By offering NinjaTrader with its Prime Futures challenges, The Trading Pit provides prop traders with the precision and control needed to excel in the competitive futures market.” The Trading Pit is committed to meeting the demands of its traders. To learn more about its offering, click here. Empowering Traders With Platforms And Tools Liechtenstein-based The Trading Pit, with offices in Spain and Cyprus, is a proprietary trading firm that offers traders the chance to hone their skills on cutting-edge simulated platforms. The firm says it empowers traders to enhance their strategies while earning up to 80% of their simulated profits. The Trading Pit offers a diverse range of trading challenges aimed at cultivating and identifying trading talent. To achieve that, the company offers comprehensive support, including educational resources, mentorship and personalized tools. What The Trading Pit says sets NinjaTrader apart from its rivals is its advanced functionalities that enable futures traders to execute strategies with accuracy and precision, tailor trading environments to individual preferences and gain deeper insights into market movements. Combine that with The Trading Pit’s other integrations, including Tradovate, which is a commission-free futures trading platform and TradingView, which provides charting and analysis tools, and The Trading Pit says it marks the beginning of a new chapter for the trading firm. One in which innovation meets trader-focused solutions. "In addition to NinjaTrader, traders will enjoy seamless access to the Tradovate Trading platform, all with the same user account," added Daniela Egli, CEO of The Trading Pit. "We are also pleased to offer the TradingView add-on for free to all our customers, enhancing their analytical capabilities at no extra cost." The Futures Market Growth Trajectory The Trading Pit’s commitment to offering traders access to robust platforms and tools to test out their strategies comes as the futures market continues its long-term growth trajectory. Last year the total volume of trading reached 137.3 billion contracts, up 64% year-over-year. It marked the sixth year in a row in which trading activity in the global listed derivatives market set a record. The Asia-Pacific region saw the largest increase, followed by North America, Latin America and Europe. The integration of NinjaTrader also supports The Trading Pit’s efforts to expand into new markets, including the U.K., Canada and the U.S., places NinjaTrader has a strong following, reports The Trading Pit. The collaboration aims to attract futures traders and members of the NinjaTrader community, offering them what the company says is an enhanced trading experience and funded accounts. Proprietary trading firms use their own money to make trades, so it behooves them to find talented traders and provide top-notch support so everyone can thrive. The Trading Pit is betting its integration with NinjaTrader, coupled with Tradovate and TradingView achieves that. To learn more about how The Trading Pit empowers its traders, click here. Featured photo courtesy of The Trading Pit. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 06, 2024 08:35 AM Eastern Standard Time

Image

Market Alert: New Report Highlights Steakholder Foods Major Shift to Commercialization & Revenue Generation

Global Markets News

A new report by PESG Research highlights Steakholder Foods’ (NASDAQ: STKH) transformative journey from research and development to commercialization in the alternative protein and 3D food printing sectors. The report highlights how 2024 marked a pivotal year for the company, with strategic partnerships fueling revenue generation and positioning Steakholder Foods for potential growth in a booming market. Strategic Partnerships Lay Foundation for Revenue Growth Steakholder Foods secured multiple strategic agreements in 2024 that validate its proprietary technology and solidify its commercial potential. Key partnerships include a commercial memorandum of understanding with Wyler Farm, which involves the purchase of Steakholder Foods’ MX200 meat printer and SH™-Beef premix blends. This agreement also encompasses royalties and raw materials supply, enabling large-scale production of alternative proteins. Additional partnerships with the Industrial Technology Research Institute (ITRI) in Taiwan and regional collaborations in the Gulf Cooperation Council (GCC) highlight the company’s international reach. The GCC partnership, aimed at supporting local food security initiatives, involves constructing a pilot facility for hybrid-cultivated fish production and showcases Steakholder Foods’ scalability in new markets. These agreements are seen as significant steps toward establishing long-term, recurring revenue streams. Initial Purchase Orders Signal Commercial Viability According to the company, initial purchase orders from key partners such as Bondor Foods and Wyler Farm have initiated revenue streams, providing critical proof of concept for Steakholder Foods’ business model. In September 2024, Bondor Foods placed its first order for plant-based premixes for white fish and salmon patties, followed by Wyler Farm’s order for SH™-Beef premix for a new line of plant-based meat products. These initial revenues underscore the company’s successful transition from R&D to commercialization. Moreover, in a bid to attract new clients and partners, Steakholder Foods inaugurated a state-of-the-art Demonstration Center in Israel. The facility showcases live demonstrations of its MX200 and HD144 3D printers, highlighting their capabilities in real-time production of plant-based meat and seafood alternatives. This hands-on experience allows potential partners to witness the full production process, reinforcing the quality and versatility of Steakholder Foods’ offerings. Positioned for Potential Growth in Expanding Markets The PESG report places Steakholder Foods within the context of a rapidly expanding alternative protein market, projected to grow from $76.3 billion in 2023 to $423 billion by 2033. This growth is driven by consumer interest in sustainable and health-conscious food options. Additionally, the 3D food printing market is expected to surge, with estimates forecasting growth from USD 34.7 million in 2019 to USD 1,015.4 million by 2027, driven by advances in technology and consumer demand for innovative food solutions. The report highlights how Steakholder Foods’ advancements potentially align with these industry trends, positioning the company as a potential leader in sustainable food production. Its proprietary 3D printing technology and strategic partnerships are poised to capture a share of this growing demand, particularly as cost management initiatives and recurring revenues take effect. Outlook and Future Prospects With strategic partnerships maturing and a demonstration center enhancing its market presence, Steakholder Foods appears poised for potential revenue growth in the coming years. The company has noted that it is in advanced discussions for a high-impact international agreement expected to close by early 2025. This move could further bolster Steakholder Foods’ position as a leader in the alternative protein sector, which continues to gain momentum amid shifting consumer preferences and sustainability goals. Read the Full PESG Report: https://finance.yahoo.com/news/pesg-research-report-steakholder-foods-134500909.html *Please refer to the report’s full disclaimers and disclosures. This news alert may include speculative forward looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. Companies in emerging industries are volatile and risky and readers are advised to seek out preffesional advice in the relevent feilds from licensed profesionals. *** This news alert is for informational purposes only and is not intended to serve as financial, investment or any form of professional advice, recommendation or endorsement. Please review the full documentation detailing financial compensation disclosures and disclaimers the article is subject to. Global Markets News Network is a commercial digital brand compensated by the issuer (STKH) to provide coverage, sharing and syndication of news related to it and is thus subject to conflicts of interest. [ https://justpaste.it/bdh8v/pdf ]. Contact Details News Coverage globalmarkets.media@gmail.com

November 04, 2024 10:40 AM Eastern Standard Time

PathAI Launches PathExplore™ Fibrosis: An AI-Powered Pathology Breakthrough in Fibrosis, Collagen, and Fiber Quantification Directly from Whole Slide Images

PathAI

PathAI, a leader in AI-powered pathology solutions, is proud to introduce PathExplore™ Fibrosis 1 on our AISight® Translational Research platform, a one-of-a-kind AI tool designed to revolutionize fibrosis, collagen, and fiber quantification directly from whole-slide images (WSIs) of hematoxylin and eosin (H&E)-stained tissue. PathExplore™ Fibrosis offers an unprecedented ability to analyze morphology and spatial organization of fibrosis in the tumor microenvironment (TME) directly from routine pathology images at scale, providing new insights into tumor biology and therapeutic response. Fibrosis and collagen fibers are emerging as crucial biomarkers and drug targets due to their potential roles in cancer progression, metastasis, and immune response. Leveraging advanced machine learning techniques, PathExplore™ Fibrosis offers scalable, rapid analysis, making it a transformative tool in oncology translational research. PathAI’s solution facilitates this analysis directly from routine H&E pathology images from standard imaging platforms, democratizing access to key insights into tumor biology and therapeutic responses without the need of custom microscopy. "What began as internal research by our scientific team has evolved into a powerful tool for cancer researchers, enabling them to explore previously inaccessible aspects of tumor morphology," said Ben Glass, VP of Product and Translational Research at PathAI. "Fibrosis is increasingly recognized as a potentially important biomarker in cancer research. By making it possible to study this directly from routine H&E images, we’re providing researchers with the means to scale their understanding of disease biology, evaluate drug efficacy, and drive the development of new fibrosis-related therapies." “By combining the cell and tissue features provided by PathExplore™ 2 with collagen and fibrosis measurements from PathExplore™ Fibrosis, researchers now have access to an unprecedented multidimensional view of the TME,” said Eric Walk, M.D., FCAP, chief medical officer at PathAI. “From a single image, researchers can ask and answer new questions about the organization and morphology of fibrosis in the TME and how this inhibits or promotes cancer progression.” PathAI will be presenting novel findings utilizing PathExplore™ Fibrosis and the underlying technology at the upcoming Society of Immunotherapy of Cancer conference (SITC 2024) on November 6-11, 2024, in Houston, Texas. Be one of the first to access PathExplore™ Fibrosis by reaching out to us at bd@pathai.com or access our self-serve demo of PathExplore™ Fibrosis for hands-on experience here. SITC 2024 Abstracts #1378: Stromal collagen features from H&E-stained whole slide images are associated with lymphocyte infiltration and survival following checkpoint inhibition in patients with non-small cell lung cancer - in collaboration with Incendia Therapeutics #88: Machine learning-based collagen fiber quantification enables analysis of the pancreatic cancer tumor microenvironment directly from hematoxylin and eosin-stained whole slide images Footnotes 1: PathExplore™ Fibrosis is for research use only. Not for use in diagnostic procedures. 2: PathExplore™ is for research use only. Not for use in diagnostic procedures. About PathAI PathAI is the only AI-focused technology company to provide comprehensive precision pathology solutions from wet lab services to algorithm deployment for clinical trials and laboratory use. Rigorously trained and validated with data from more than 15 million annotations, its AI-powered models can be leveraged to optimize the analysis of pathology samples, with the potential to improve efficiency and accuracy of pathology interpretation, as well as to better gauge therapeutic efficacy and accelerate drug development for complex diseases. PathAI is headquartered in Boston, MA. For more information, please visit www.pathai.com. Contact Details SVM Public Relations and Marketing Communications +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

November 04, 2024 10:00 AM Eastern Standard Time

Crossroads Summit Taps Leading AI Expert Pascal Bornet For November Event To Offer Insights On Tackling Chaos Caused By Disruptive Innovation

Benzinga

By Anthony Termini, Benzinga The 2024 Crossroads Summit is less than a month away – get your tickets for this event that promises important insights! When Challenger, Gray & Christmas, an executive outplacement firm, began tracking the effect AI was having on labor markets, it noted that it was “ no longer a just threat on the horizon.” One of America’s leading authorities on hyperautomation, a combination of robotic process automation (RPA) and AI, agrees that the future is almost here – but it doesn’t have to mean jobs are threatened. Will The Risks Of AI Outweigh Its Rewards According to award-winning expert Pascal Bornet, “algorithms are to white-collar workers what tractors were to farmers.” Bornet should know. He is a recognized thought leader on the subjects of RPA and AI. Bornet is the author of the best-selling book “Intelligent Automation” and is ranked as one of the top 10 global experts in AI and Automation. He was named the Global Top Voice in Tech in 2019 and the number one Global Thought Leader in RPA in 2020. In 2022, Bornet was named one of the 50 most powerful AI influencers, and in 2023, he was named a top 50 global thought leader and influencer on AI. He is currently among the top 25 AI Influencers to follow in 2024. Bornet is a senior executive with more than 20 years of experience in digital transformation. He founded and led the “AI and Automation” practices at McKinsey & Company and Ernst & Young (EY) and is currently on the leadership team of Mountain View, California-based software innovator Aera Technology. Published in Forbes, Bloomberg, The World Economic Forum, McKinsey Quarterly, The Times, Japan Times, Business Times, AI Magazine and CIO Advisors, Bornet is a member of the Forbes Technology Council, a Senior Advisor for the Institute of Robotic, Automation and Artificial Intelligence (IRPAAI), and a senior advisor and board member to several startup enterprises and nonprofits. Bornet notes that RPA and AI are tools that “dramatically increase the productivity of each worker, and thus shrink the total number of workers required to produce the same output.” But he also points out that “as some work activities are displaced, new ones, more fulfilling and value-adding, arise.” This dichotomy between the potential risks and opportunities created by hyperautomation will be among the subjects Bornet addresses as a keynote speaker at the upcoming Crossroads Summit to be held on November 21 st and 22 nd in Miami, Florida. Why Investors And Business Leaders Are Attending The Crossroads Summit Even as hyperautomation often presents contrasting paths leading to potential risks and opportunities, the Crossroads Summit, sponsored by TradeStation Group, offers leaders a vision into the broader theme of juxtaposing potential risks against possible opportunities that could emerge from a rapidly changing world. Apart from disruptions related to technology, like the rise of AI and decentralized currencies, economic uncertainty defined by the end of near-zero interest rates and stubborn inflation pressure exists in a world where regional conflict and global tension remain in daily headlines. Yet emerging from each of these unsettling challenges could be unexpected investment opportunities. In the United States alone, every change in the federal government’s stance on regulating businesses and fiscal and monetary policy brings the potential for new investable products to emerge. The Crossroads Summit was created to provide business leaders and investors with an opportunity to hear from – and mingle with – some of the most respected authorities in disciplines including economics and political science, history and demographics and technology and automation. The Crossroads Summit could be a catalyst for uncovering opportunities for many, a place to forge new connections and a chance to redefine your future investments. TradeStation Group Is A Title Sponsor Of The Crossroads Summit TradeStation Group is an integral member of the Crossroads Summit ecosystem. The firm brings expertise, resources and opportunities that enrich the summit experience and empower attendees to thrive amid uncertainty. Supporting both sophisticated traders and institutions, TradeStation Group, through its operating subsidiaries, offers trading and brokerage solutions, award-winning trading software, modern analytics tools and extensive customization, as well as a private brokerage service to qualified clients. TradeStation Group’s sponsorship of the Summit appropriately dovetails its capabilities with the needs of attendees, as does the presence of leading experts such as Pascal Bornet. Learn from leading hyperautomation expert Pascal Bornet about its potential risks and opportunities by attending the Crossroads Summit 2024! Featured photo by Pete Linforth from Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 04, 2024 08:30 AM Eastern Standard Time

Image

1 ... 11 12 13 14 15 ... 645