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BitX Funding Triumphs With Record 2021 Results

BitX Funding

Fairfield, CT., January 24, 2022— BitX Funding, one of the most prominent alternative lenders in Southern Connecticut, announced a banner year for growth in 2021. Overall, revenue went up 10%, new users increased by 70%, impressions went up 300%, and business applications came in at a rate of 1,275% more than the previous year. Out of all the loans that BitX sold, Startup loans had the highest increase. “Our economy saw solid growth in small business lending and the startup loan category lead the way due to the great resignation”, said Todd Rowe, president of BitX Funding. “We continue to grow BitX revenue with support from internal sales, record marketing results, CT Innovations mentor support, and our raving fans. Our 2022 goals are to continue to build out our lending platform, grow our lender base, obtain our own lending facility, and drive client growth. Our goals are to increase revenue by 160%, have a 133% increase in units sold, and a loan amount increase of 200% in 2022.” Rowe continues to promote his company as a marketplace for small business loans, especially with young entrepreneurs. With one click, you can get a response to your loan request within 24 hours. That makes BitX Funding a partner you can trust in 2022. BitX Funding is an omnichannel marketplace for alternative small business loans and business insurance. BitX connects their clients with the right loan and lender from SBA 7a, start-up loans, short-term loans, mid-term loans to merchant cash advances and business lines of credit. BitX is where lenders compete for your business. Our top-rated lenders focus on real-life business data and cash flow, which means you can qualify for small business loans even if your credit score isn’t perfect. We care about small business and it’s our mission to secure the right funding when you need alternative small business loans within our small business loan marketplace. Contact Details BitX Funding Todd Rowe +1 203-763-1430 info@bitxfunding.com Company Website https://www.bitxfunding.com

January 27, 2022 01:05 PM Eastern Standard Time

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Xeneta Acquires Leading Provider of Air Freight Market Intelligence, CLIVE Data Services

Xeneta

Xeneta, the leading ocean and air freight rate benchmarking, market analytics platform and container shipping index, has acquired Amsterdam-based air freight data analysts CLIVE Data Services to provide the most timely and comprehensive insights into the global ocean and air freight markets. This transaction comes seven months after Xeneta announced it was partnering with CLIVE to integrate its ‘dynamic load factor’ and capacity analyses into Xeneta’s market analytics platform. “We want our customers to have the best and most timely global ocean and air freight data trends,” said Xeneta CEO, Patrik Berglund. “The unique insights and timelines of CLIVE’s air freight data make it a great addition to our freight data offering. Our combined data services and industry expertise make us second to none in providing clear insights into the global freight markets. We gladly welcome Niall’s extensive air freight expertise to Xeneta’s leadership team to strengthen Xeneta’s technology and data-driven approach within the air freight space. Our recent Series-C funding is allowing us to speed up the delivery of new services and to further expand our global footprint.” Niall van de Wouw, co-founder of CLIVE Data Services, commented: “The recent partnership with Xeneta has given us valuable insights into our respective data offerings, and the additional value we can deliver by combining our expertise and resources. For CLIVE’S clients, this exciting new development will provide opportunities to further populate our data and give us the ability to help them extract more value from our data services. Our decision to team up with Xeneta was not only driven by the complementary service offering. Patrik and his team have built a great company with a unique business culture and I am really looking forward to becoming part of that.” The global freight market has been through its most dynamic period ever in the last two years. This has heightened demand for more timely data to help companies deal with this volatile time in an informed manner. By tracking daily fluctuations in the ocean and air freight markets, Xeneta supports its clients with making smarter ocean and air freight decisions. About Xeneta Xeneta is the leading ocean freight rate benchmarking and market analytics platform transforming the shipping and logistics industry. Xeneta’s powerful reporting and analytics platform provides liner-shipping stakeholders the data they need to understand current and historical market behavior—reporting live on market average and low/high movements for both short and long-term contracts. Xeneta’s data is comprised of over 280 million contracted container and air freight rates and covers over 160,000 global trade routes. Customers include General Mills, Volvo, John Deere, Amer Sports, Rockwell Automation and CEVA Logistics, ABB, Electrolux, Continental, Unilever, Nestle, L’Oréal, Thyssenkrupp and more. Each relies on Xeneta to gain better market visibility into freight rate pricing factors, which enable them to minimize supply chain disruptions. Xeneta is a privately held company with headquarters in Oslo, Norway, and regional offices in New Jersey and Hamburg. To learn more, please visit www.xeneta.com. About CLIVE Data Services Headquartered in Amsterdam, the Netherlands, CLIVE provides near-real time pricing, volume, capacity and load factor trends on the general air cargo market. It provides each Tuesday in-depth analyses for the previous week. CLIVE’s ‘dynamic load factor’ analysis refreshes the way air cargo capacity usage is traditionally measured to reflect modern day reality. To learn more, please visit www.useclive.com Contact Details Katherine Barrios +47 951 46 414 press@xeneta.com

January 27, 2022 04:00 AM Eastern Standard Time

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Kevin Hart’s 1969 Plymouth Roadrunner by Salvaggio Design

Salvaggio Design

Most people know international superstar Kevin Hart as a comedian and actor, but his friends know him as a car guy. He has a passion for American Iron; Detroit muscle cars that are both menacing and missile-fast. Hart doesn’t want to merely look at his collection; he likes to jump in and drive. In Los Angeles traffic. On hot summer days. And while the contents of Hart’s garage might be older than the owner, he enlists specialized craftsmen to ensure each car has the performance and reliability he needs. One of those craftsmen is Wisconsin-based Dave Salvaggio. The pair worked together on previous projects, and Kevin knocked on the door of the new Salvaggio Design workshop to outline his next ambitious plan. His vision was a tribute to the Mopar muscle of the late 1960s. He is also fascinated by Hollywood slasher movies, naming each car after special characters. They needed a car that would fit the bill, and a 1969 Plymouth Roadrunner was the ideal platform. Working with lead designer Sean Smith at Salvaggio Design, a timeless heritage build was imagined, embracing true Mopar muscle car spirit. Hart’s priorities were a Hemi engine, custom carbon fiber pieces, a sinister black and orange Halloween appearance, and aggressive stance with modern components. He wanted a vehicle that would appear simple and industrial, choosing traditional hubcaps to conceal the modern wheels, for example. They created a car people could admire from a distance, but only truly appreciate its sophistication when up close. Hart’s vision demanded the Roadrunner would be all about the detail. ROADRUNNER Starting with a sound donor car, the team at Salvaggio Design used 3D scanning to create a computer model before designing a custom frame with CAD software. Accepting valuable input from Detroit Speed & Engineering on its X-Gen 595 front suspension package, the frame was fabricated by Salvaggio team members Craig Provencher, Telly Violetto and Randy Russell. The result proved so successful that the frame will soon be available separately for all Mopar B body platforms. The same metalworkers built the rollcage, fabricated removable floors, a custom firewall, radiator support, wheel tubs, trunk, and more. They also shaved the drip rails to create cleaner lines without diminishing the original Plymouth design. When the paint was dry, the only original parts on the car were the roof, doors, fenders and rear quarter panels. Everything else was replaced, revised or rejuvenated. Among the new panels was a carbon fiber hood designed by Sean Smith who integrated styling cues from the Roadrunner’s A12 race package. Sean also devised the flush-fitting carbon fiber bumpers that adorn the vehicle, manufactured by Brothers Composites. The bodywork, metal finishing and paint was undertaken by Mark Klos at Salvaggio Design, along with Eric Johnson on paint finishing. Mark and the team spent countless hours sanding and shaping the Roadrunner’s sharp line and long panels until it was ready for multiple coats of pure BASF Black paint. It has a high gloss exterior, matte clearcoat for the interior, and matte orange pearl underneath. While the bodywork was underway, Sean designed a plethora of billet parts. Each was created in 3D by Mike Gundert from RAZ Technical Solutions and machined from solid aluminum. The headline act is the three-piece grille that borrows from the original but turns it up to 11. The machined metal was finished in brushed nickel by the artisans at Ogden Chrome, who contributed significantly to the project. The next billet project was the driver’s door mirror. Inspired by the original again, it takes the mirror to a place never imagined in 1969. The finish repeats the brushed nickel and adds a Halloween orange flourish to catch the eye. Billet tail light surrounds accommodate LED halos for turn and brake light functions. Each corner is hinged, giving access to the fuel filler on the driver’s side and battery disconnect on the other. The door handles were also inspired by the originals and machined from billet. Sean was able to slim the profile, remove the lock, and carve a pocket into the leading edge like a chef’s knife, improving its ergonomics. The final exterior embellishment was a set of three-piece billet hub caps that conceal HRE wheels. The hub caps pay tribute to the ’69 Roadrunner’s original “dog dish” caps but introduce far more detail, texture and solidity. You won’t see these caps fly off when Kevin takes a tight turn! Billet elements were incorporated inside the car as well, with door handles added to the exquisite door cards, and the Roadrunner steering wheel given a thorough makeover. The wheel is intended to give Kevin more connection to the car as we grabs the billet gear shifter, which resembles a slasher movie knife. As before, all billet parts received a brushed nickel finish with strategically placed Halloween orange highlights as needed. HEMI Built by Mario Abascal at Gearhead Fabrication, Salvaggio describes the 426ci Hemi as a hybrid Demon / Hellephant motor that was designed to run on California 91-octane fuel. It develops a phenomenal, dyno-proven 940hp. Internally, the V8 was equipped with a Winberg crank, CP pistons, Boostline rods, ARP hardware, Dodge Demon camshaft, ported Demon heads, Holley Dominator EFI fuel injection, and a Magnaflow exhaust. The engine is crowned by a Whipple 3.8L supercharger with bespoke CNC housing painted Orange Candy satin. The monstrous engine rests in a handcrafted bay designed to expose the rollcage and highlight some of the mechanical aspects. It creates an industrial look that conceals the induction system and throttle body, allowing the custom supercharger to take center stage. The Hemi valve covers were redesigned to echo the industrial theme, while a power steering reservoir was machined to replace the stock plastic part. To cool the Hemi in LA traffic, Salvaggio fitted a Power Cool radiator with SPAL fans, and to cool Kevin there’s air conditioning by Vintage Air. At Kevin’s request, the Hemi is regulated by a Tremec 6060 six-speed manual transmission, which was strengthened for this application. John’s Industries fabricated the rear axle assembly using a 9” center section and 3.70 gear ratio. The axle is a favorite of Dave Salvaggio because they’ve always proven exceptionally strong and every axle is dyno tested to ensure quiet running. As we mentioned, the DSE Gen-X 595 front suspension was an integral piece of the chassis design. It was grafted into the Salvaggio frame rails to create a full frame body. Fitted with JRI shocks front and rear, the suspension system will provide both the comfort and handling Kevin requires. The brakes are the latest equipment from Brembo, utilizing lightweight six-piston calipers at the front and large 14” rotors, while the rear has four-piston calipers and 13” rotors to get the job done. The high-spec braking equipment is somewhat hidden behind the black HRE wheels. Manufactured in lightweight aluminum, the 18x10” front and 20x12” rears are designed to resemble traditional steel rims to retain the classic appearance when fitted with the billet hub caps. The wheels are wrapped in high-performance Michelin rubber, measuring a healthy 345/30 R20 in the rear to provide ample grip. And for this project even the tires were customized, Diamond Back Classic Radial adding an orange stripe to reinforce the Halloween accent. INTERIOR As one of the premier upholstery shops in the country, Salvaggio has worked with Gabe’s Custom Interiors for many years and the Roadrunner would be no different. Gabe’s team used black Italian leather throughout, including perforated sections. They also went the extra mile by creating a unique orange Halloween splatter effect. It was achieved by sending color samples of the engine paint and tire stripe to Italy, where it was applied to several hides. The result is a combination of black, perforated and splattered leather used to upholster the Recaro front seats, custom rear seats, headliner and door panels. All stitched with contrasting orange thread. The trunk is far from conventional, repeating the industrial architecture of the engine bay, exposing parts of the rollcage and wheel tubs, and finished with leather panels matching the interior. As mentioned, Kevin has a custom billet steering wheel and shifter but we should also mention the billet instrument cluster. It houses Dakota digital gauges that plug into the CANbus system and communicate with the Holley Dominator engine management system. If you look closely, the gauges were airbrushed by Randy Russell with easter eggs that hint at the slasher name Kevin gave his Roadrunner, which also crops up elsewhere around the car. FINALLY With pieces of splatter leather remaining, Salvaggio Design enlisted Rey Marquez at Reymar Footwear to create a pair of custom Nike shoes, belt and wallet, allowing Kevin to match the car whenever he drives it. As a shoe specialist, Reymar bought and dismantled a pair of Nike Air Max 90 sneakers and reconstructed them using the orange splatter leather, which itself had been inspired by the splatter effect on early Air Max sneakers. He also took strips of genuine carbon fiber used to build the car and stitched them into the shoes, finally adding aluminum Roadrunner badges created for the Plymouth. The car and wardrobe elements were presented to Kevin at a secret unveiling held at Bruce Meyer’s car gallery. Expecting to shop for a wristwatch, the Roadrunner was revealed to Kevin as he rode with it in a freight elevator with his Plastic Cup Boys, Harry Ratchford and John “Burgandee” Clausell. After claiming it was impossible to “punk” him, Kevin admitted he no idea what was happening and was overjoyed at the result of his quickest build to date, with the entire project taking only ten months to complete. TECH SPEC Kevin Hart’s 1969 Plymouth Roadrunner by Salvaggio Design Engine: 426 cubic-inch (7-liter) Hemi built by Gearhead Fabrication with Winberg crankshaft, CP pistons, Boostline connecting rods, ARP mains studs, head and rod bolts, Dodge Demon camshaft, ported Demon heads, Holley Dominator EFI, bespoke Whipple 3.8L supercharger with CNC housing, Magnaflow exhaust, high-pressure Melling oil pump, Power Cool radiator with SPAL fans, air conditioning by Vintage Air with EZ Clip AC hoses Transmission: Built Tremec 6060 six-speed manual, John’s Industries Ford 9” axle with 3.70 gear ratio Chassis: Laser-cut and TIG-welded Salvaggio Design B body chassis frame with full rollcage, Detroit Speed & Engineering X-Gen 595 front suspension package, four-link rear suspension with Panhard bar, JRI shocks front and rear, Ididit steering column Brakes: Brembo six-piston calipers, 14” rotors front, four-piston calipers, 13” rotors rear Wheels / Tires: 18x10” front, 20x12” rear black HRE Steelies Are Tough wheels with Salvaggio Design three-piece billet hub caps, 285/35 R18 front and 345/30 R20 rear Michelin Pilot Sport tires with orange sidewall stripes by Diamond Back Classic Radials Exterior: Design, scanning, CAD, metal-shaping, bodywork, paintwork by Salvaggio Design including removable floors, custom firewall, radiator support, wheel tubs and trunk, shaved drip rails. Carbon fiber hood and bumpers manufactured by Brothers Composites. Custom billet three-piece grille, driver’s door mirror, door handles and window trim finished in brushed nickel by Ogden Chrome Interior: Black, perforated, and splattered Italian leather upholstered by Gabe’s Custom Interiors on Recaro front seats, custom rear seats, headliner, door panels and trunk using orange contrast stitching. Salvaggio billet steering wheel, shifter, door handles, and instrument cluster with Dakota digital gauges Thanks / Sponsors: The Plastic Cup Boys, Sean Smith Design, Advanced Speed Components, Brembo, Brothers Composites, Dakota Digital, Detroit Speed & Engineering, Diamond Back Classic Radials, Gabe’s Custom Interiors, Gearhead Fabrications, Greening Auto Company, Holley Performance, HRE Wheels, Ididit, Image Detailing, John’s Industries, Magnaflow, Michelin, Ogden Chrome, Perfect Carbon, Rock Valley Parts & Tanks, Vintage Air, VSI Design, Whipple Superchargers EDITOR’S NOTE More images are available here: dropbox.com/sh/a9vnjfxf9dnlhmo/AAC0IWRkQkGaIpsaP2i5pm1la?dl=0 Please view and share the video here: https://youtu.be/5boJu140wrk High-resolution images for print are available on request. Please use the Media Contact address below. ABOUT SALVAGGIO DESIGN Wisconsin-based Dave Salvaggio was born into an Italian family that has been involved in automotive design, racing, and engineering since 1919. He established his own business in 2003 and currently holds five patents for carbon fiber manufacturing processes. As a car builder, he has been responsible for a string of award-winning SEMA muscle cars since 2006, with a number of vehicles appearing in Hollywood movies. Throughout his career, Dave has been fortunate to build very special cars for special people and embarked on the next chapter at Salvaggio Design with a new workshop and small team of dedicated craftsmen. His aim is to focus their collective passion into building bespoke vehicles that encapsulate the best design, modern components, and the customer’s vision. The team utilize modern techniques including in-house CAD design, 3D printing, carbon fiber production, and more. Vehicle design is led by renowned designer, Sean Smith. Visit salvaggiodesign.com for more information. Contact Details Salvaggio Design Dave Salvaggio dave@salvaggiodesign.com The ID Agency Greg Emmerson greg@theidagency.com Company Website https://www.salvaggiodesign.com

January 26, 2022 05:55 AM Pacific Standard Time

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First United States Open Registry to be Launched in Washington, DC

COPE

A landmark Revitalization Plan for US Maritime Trade, Commerce and Strategic Competition to support and assist in resolving America’s supply chain crisis, ensure maritime sovereignty and security, and revitalize maritime commerce will be launched at the National Press Club in Washington, DC on February 1, 2022, at 1:30PM with remarks by Ambassador John D. Negroponte, the first U.S. Director of National Intelligence and former Deputy Secretary of State; the Governor of the U.S. Virgin Islands, the Honorable Albert Bryan, Jr.; and President Eric R. Dawicki of the Northeast Maritime Institute. Highlights of the Plan include the formation of the first U.S. open registry, and other maritime initiatives designed to make the United States more competitive and propel it into a stronger leadership position as a maritime nation. Governor Bryan and President Dawicki will participate in the signing of a historic agreement between the U.S. Virgin Islands and Northeast Maritime Institute which features the collaboration on the development of the first open U.S. registry. Following initial remarks outlining the Revitalization Plan, there will be a panel discussion moderated by Jeremy Greenwood, a Federal Executive Fellow at the Brookings Institution’s Strobe Talbott Center on Security, Strategy, and Technology. Panel participants include Stephen Flynn, PhD, Founding Director of the Center for Global Resilience at Northeastern University, leading Homeland Security advisor under the Bush and Obama administrations, and global expert on supply chain resilience; Admiral James Watson, Northeast Maritime Institute Trustee and former Director of Prevention Policy for Marine Safety, Security and Stewardship at the United States Coast Guard and the first Director of the Bureau of Safety and Environmental Enforcement at the US Department of Interior; Captain Anuj Chopra, Co-Founder & CEO of FNI ESGPlus; Carleen Lyden Walker, Co-Founder and Executive Director of the North American Marine Environment Protection Association, and Captain John Konrad, Founder and CEO of gCaptain. Additional commentary will be provided by Nishan Degnarain, former Chairman of the World Economic Forum – Global Agenda Council on Oceans; Jonathan Kempe, Verifai Australia; and Dr. Sal Mercogliano, PhD, Campbell University. Remarks from all are expected to cover topics such as decarbonization of shipping, capital investment in new technologies, supply chain security, transparency in shipping, economic growth opportunities, the status of the U.S. maritime industry, U.S. national security interests, and more. The event will outline how implementation of the Revitalization Plan for US Maritime Trade, Commerce and Strategic Competition will provide economic stability and environmental protection, as well as revitalize the position of the United States as a major competitor in international maritime trade and commerce while enhancing national security, both domestically and internationally. A Revitalization Plan for US Maritime Trade, Commerce and Strategic Competition was developed by a team of Distinguished Fellows at the Northeast Maritime Institute – Center for Ocean Policy and Economics (COPE) and advised by an array of leading thinkers in the maritime industry. Key elements of the plan include: Formation of the U.S. Virgin Islands’ open international ship registry—the first, and only, international U.S. open ship registry. Development of a short sea transshipment hub in the Caribbean to alleviate supply chain congestion by moving a portion of east coast distribution from land to sea and increasing the number of ports importing ever-increasing quantities of goods from overseas. Build public/private/international partnerships to address strategic maritime issues, increase transparency and enforce legal and ethical standards. Establish and implement a green shipping strategy, including decarbonization of the U.S.-flagged fleet. Establishing a Maritime Venture Capital Fund to finance commercially advanced technologies that solve maritime and ocean industry problems with a focus on environmental vulnerabilities. Modernization of the maritime workforce by deploying state of the art education and training tools in the US and abroad. Additional information can be found at COPE Advanced registration to attend this event will be required for access to the live stream. About Northeast Maritime Institute Northeast Maritime Institute (also called NMI) is a private, coeducational, maritime college offering an Associate in Applied Science in Nautical Science degree. Established in 1981, Northeast Maritime Institute is the only private maritime college in the Commonwealth of Massachusetts. The college was originally established to provide an alternative to traditional education and training, with an emphasis on preparing mariners for employment. Graduates receive an Associate degree and are eligible to receive a United States Coast Guard Masters license upon graduation. The college operates a training ship, the M/V Navigator, as well as the brigantine tall ship S/V Fritha. About COPE The Center for Ocean Policy and Economics (COPE) is hosted by the Northeast Maritime Institute – College of Maritime Science: Created to tackle some of the ocean’s “wicked problems.” A culmination of years of extensive research and conversations with leading experts in the maritime and ocean related fields, COPE is a facilitator for cogent maritime and ocean policy and economic development project initiatives linking academic, corporate, non-governmental, and governmental partners to create impactful solutions. Contact Details COPE Carleen Walker +1 203-260-0480

January 25, 2022 07:51 PM Eastern Standard Time

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Top Camping Destinations in America

YourUpdateTV

In the past several years, there has been tremendous growth in the outdoor travel industry. The increased popularity of camping has been fueled by a combination of long-term trends and more immediate factors related to the pandemic, such as remote work, vacations closer to home, and travelers seeking safe, outdoor vacations away from crowds. Recently, Michael Scheinman, Chief Executive Officer at Campspot, participated in a nationwide satellite media tour to discuss the top camping destinations in America and results from the first annual Campspot Awards. A video accompanying this announcement is available at: https://youtu.be/Zsi5jOBc7tE Camping really surged during COVID and has become a go-to option for friends and families to have a fun, safe, socially distant, outdoor vacation. Once people got a flavor for camping, they wanted to keep doing it. For example, from Q2 2020 to Q2 2021: The number of parks on Campspot increased by 145% Nights camped increased 191% The percent of customers who were repeat bookers grew by 21% Reservations placed increased 193% Campspot is now the largest online camping marketplace in North America, with over 140,000 campsites across the United States and Canada According to a customer survey we conducted last year, high quality showers / bathhouses (36%) was the top amenity that matters most when booking a campsite, followed closely by family activities (32%). Family vacation time (27%) was the number one reason consumers say they camp, and not surprisingly, family is who most respondents said they typically camp with (52%). Camping with friends was the second most popular response when it comes to camping companions (22%) followed by spouse (12%), an organized camping or outdoors group (8%), and solo (6%). Some of the top Campgrounds in the US include Angel Fire RV Resort in Angel Fire, NM, Cava Robles RV Resort in Paso Robles, CA, and Dark Sky RV Campground in Kanab, UT. A few of the most popular campgrounds include Santa Cruz Redwoods RV Resort in Felton, CA, Canyonlands RV Resort & Campground in Moab, UT, and Oceanside RV Resort & Campground in Coos Bay, OR For more information, visit www.Campspot.com, or download the Campspot Mobile App on Apple IOS and Android About Michael Scheinman: As CEO, Scheinman focuses on growing Campspot’s user and supplier base, while continuing to enhance the site’s products, features and functionality. An executive with more than 10 years in the travel industry, Scheinman brings a breadth of experience in e-commerce, technology, and corporate strategy. Prior to joining Campspot, Scheinman headed up Orbitz and CheapTickets, two portfolio brands of online travel giant Expedia Group. Prior, he served as general manager for the lodging division at Hotwire, another of the group's brands. He has also held leadership positions in hotel partnerships, product management, marketing, and business operations. Scheinman holds an MBA from the University of Chicago Booth School of Business and an undergraduate degree from Cornell University, where he studied Hotel Administration About Campspot: Campspot is a leading online marketplace for RV resorts, family campgrounds, cabins, glamping options and more, providing access to more than 140,000 campsites across the United States and Canada. Campspot’s real-time, cloud-based campground management solution enables a best-in-class reservation system (site inventory and ancillary add-ons) by giving its customers a POS system and the necessary management tools (utility billing, housekeeping tracking, etc.) to provide the best possible user experience. Campspot provides an intuitive easy-to-navigate guest booking experience that returns relevant and easy-to-modify searches, making planning a vacation seamless. For more information, please visit www.campspot.com. Follow Campspot on Facebook, Instagram, and Twitter. Download the Campspot Mobile App on Apple IOS HERE and Android HERE. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

January 25, 2022 02:56 PM Eastern Standard Time

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ALOFT AeroArchitects Inc. Appoints Scott Meyer as New CEO

Allied Media

ALOFT AeroArchitects announced the appointment of Scott A. Meyer as Chief Executive Officer, effective immediately. Mr. Meyer was selected to fill the role in a planned transition due to the retirement of previous CEO, Mr. Robert Sundin, after more than forty years in the aviation industry. Mr. Meyer is an accomplished aerospace and business aviation executive with more than 30 years of experience leading large organizations. After earning his degree and other post-graduate work in aerospace engineering from Purdue University, Scott’s early career focused on leading edge technologies such as solid rocket motor design, advanced material applications for launch vehicles, and aerospace technology-based operations. In the mid-90s, Mr. Meyer transitioned to the transport category business aviation sector where he’s spent nearly two decades in senior leadership roles including as CEO of startup MRO & Completion Center Comlux America LLC and most recently as COO for the North American operations of Flying Colours Corporation. “The business, commercial and defense aviation sectors are rapidly evolving and generating new opportunities as we begin to emerge from the global pandemic coupled with the rapidly changing geo-political environment,” said Mr. Meyer. “We see meaningful growth potential in leveraging ALOFT’s nearly 40 years of progressive capabilities and services to create innovative solutions for a broader aviation community. Our Delaware base of operations provides a very favorable business climate for our current and future customers including ready access to the New York-Washington, D.C. corridor with government and the military markets, large corporations as well as a considerable density of high-net-worth end-users.” Robert Sundin, retiring President and CEO of ALOFT, noted, “Scott is a solid addition to our team, bringing decades of technological expertise, executive gravitas and a practical approach to service excellence. His hands-on leadership and creative problem solving will benefit ALOFT customers and help propel expansion into new and evolving markets.” About ALOFT AeroArchitects ALOFT AeroArchitects specializes in completions, inspections, overhaul, maintenance and auxiliary fuel systems installations for large cabin Head of State, VVIP and government aircraft. The company’s campus includes its FAA Part 145 Repair Station, STC & PMA ODA/Engineering Services and aircraft systems manufacturing. ALOFT is also a Boeing authorized Service Center. The ALOFT manufacturing team and its ODA and Engineering Services are also available to support design and certification requirements for project work on behalf of our global customers. The company holds maintenance authorizations and ratings from the FAA, EASA, U.A.E. GCAA, Bermuda DCA, and a variety of other global approvals. For more information, visit www.aloftaeroarchitects.com. Contact Details Greg Wilson +1 571-239-7474 greg@curleycompany.com

January 20, 2022 09:30 AM Eastern Standard Time

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NYPA and SIGA Explore Using Level-0 Monitoring Technology To Overcome Cybersecurity Gaps in the Energy Sector

SIGA OT Solutions

The New York Power Authority (NYPA), America's largest state power organization and SIGA OT Solutions, a leading OT cybersecurity company, formed a collaboration in 2019 as part of a New York State economic development partnership, and have published a white paper based on their findings, called Overcoming Cybersecurity Gaps in the Energy Sector: How to Address Stuxnet-Type Scenarios Using Level-0 Monitoring. NYPA identified cyberattacks as a major threat to its operations in the coming years. NYPA’s cyber division—together with the AGILe team—aimed to reduce the risk of cyber-attacks on its facilities. The main objective of the collaboration is to reveal otherwise undetectable cyber threats—such as unique Stuxnet-type scenarios—using SigaGuard, an advanced electrical signal conditioning and analysis solution. SigaGuard is the leading process-oriented detection (POD) solution based on Level 0 information which cannot be tampered with or masked. Cybersecurity gaps in OT environments need to be addressed taking a multi-level approach, with ongoing threat analysis to minimize the attack surface of potential hackers. When considering adversary tactics and threat models, there is an apparent gap in the field level of the process and sensors, Level 0. This gap was exploited in several cases in recent years and can cause dangerous situations—which can impact the OT process and endanger lives. The recently published white paper describes how NYPA and SIGA collaborated in a simulated attack environment to test these scenarios. The sequence of attacks was carefully designed and executed by NYPA’s AGILe lab team and cyber experts, focusing on the main cyber scenarios which affect the real operation of a sub-station with either false or no reporting to the control level. The test outcome validates the significance of Level 0 monitoring as a holistic approach towards OT cybersecurity, clearly demonstrating the unique advantages of combining POD and Level 0 data. Focusing on electric signals—before they are converted into data packets and filtered by the PLC—is probably the most effective technique for accurately identifying an operation anomaly, regardless of the cause. It can bring the highest possible level of visibility into process equipment and sensor functioning, closing an intractable gap against determined adversaries. Link to white paper: https://sigasec.com/resources/overcoming-cybersecurity-gaps-in-the-energy-sector-how-to-address-stuxnet-type-scenarios-using-level-0-monitoring/ Alan Ettlinger, Sr. Director, Research, Technology Development and Innovation at New York Power Authority, noted: “NYPA places a priority on preventing any downtime, failure or malfunctions of its mission-critical infrastructure, and we invest a great deal of effort and resources to ensure resilience and security. SigaGuard’s monitoring system that detects anomalous behavior and provides real-time validation of process data was demonstrated in a substation environment, which is one of our critical assets, and conforms with NYPA’s innovative deployment plan in the areas of process resilience and security.” Amir Samoiloff, co-founder and CEO of SIGA, added: “SIGA’s cooperation with NYPA has demonstrated a strong and strategic bond with a major utility in the U.S., with the highest professional conduct. This collaboration became possible due to the excellent expertise and motivation of the NYPA team. SIGA is looking forward to deepening its partnership with NYPA’s elite cyber protection team by further integrating SIGA’s cyber security solution, SigaGuard, into additional NYPA critical infrastructure centers.” About NYPA NYPA is the largest state public power organization in the US, operating 16 generating facilities and more than 1,400 circuit-miles of transmission lines. More than 80 percent of the electricity NYPA produces is clean renewable hydropower. NYPA uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. For more information visit www.nypa.gov SIGA OT Solutions Developer of SigaGuard, a technology platform that providesincipient failure detection for infrastructure operators to improve the reliability, safety, and cybersecurity of their assets. SIGA’s technology is US patented and ISO / IEC 27001 certified providing OT monitoring, anomaly detection and cybersecurity solutions for commercial, industrial, critical infrastructure, ICS and SCADA systems. SIGA Data Security and SIGA OT Solutions Inc., a Delaware corporation, boasts satisfied customers in the United States, Europe, Singapore, Japan, and Israel, and were named a Gartner "Cool Vendor" for Industrial IoT and OT Security, and is a recipient of the EU Research and Innovation program - Horizon 2020. For more information visit www.sigasec.com Contact Details SIGA OT Solutions Ilan Sosnovitch +972 50-327-3092 ilan.s@sigasec.com Company Website https://sigasec.com/

January 20, 2022 09:03 AM Eastern Standard Time

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Fermata Energy Raises $40M in Recent Fundraising Round, Led by Carlyle

Fermata Energy

Fermata Energy, a leading vehicle-to-everything (V2X) technology services provider, announced today it has raised $40 million in investments to accelerate the company’s growth. "When I set out to create a company that accelerated the adoption of EVs by making them more affordable, while at the same time fortifying the electric grid, I did not imagine how quickly this technology would take off, and how important our technology would prove to be, particularly in light of climate change," said founder and CEO, David Slutzky, "I could not be more pleased by the recent round of fundraising and projects we now have in operation. Each partner brings unique, strategic benefits, and we are thrilled to leverage those in the coming months.” V2X technology enables electric vehicle (EV) integration with the continued growth in renewable energy into the electric power grid. Fermata Energy’s V2X technology provides essential energy storage to the power grid to facilitate the transition to renewables and provides revenue generation capabilities for vehicle and fleet owners. To transition to a clean energy economy, abundant energy storage must be deployed quickly and at scale. Investment from our new partners, including funds managed by global investment firm Carlyle (NASDAQ: CG) and Verizon Ventures, will allow Fermata Energy's next-generation bidirectional EV charger and accompanying proprietary software to be ready to dispatch power from stored energy in EV batteries directly back into the grid, building, or home. This functionality turns EVs into energy storage resources, and in the process, unlocks and monetizes the massive energy storage potential of EVs. “Bidirectional charging technology will become essential as electric vehicles increasingly become a key component to global decarbonization,” said J.B. Oldenburg, a Managing Director specializing in renewables investing at Carlyle. “We are proud to partner with Fermata Energy to accelerate the deployment of its bidirectional offering and believe Carlyle’s broad network and expertise in business development will help jumpstart the company’s growth.” In July 2021, as part of their participation in the 5G Studio, a collaboration between Verizon and Newlab, Fermata Energy's V2X energy management software successfully leveraged Verizon's 5G Ultra Wideband network to react to changes in the grid based on near real-time data and with near-zero latency. Through this partnership, Fermata Energy was connected to Verizon Ventures, the corporate strategic investment arm of Verizon that finds and funds the 5G future. "Distributed energy use and storage continue to grow in importance, in part due to the fast-growing EV space,” said Kristina Serafim, Managing Director of Verizon Ventures. "Both 5G and mobile edge compute are integral to the future of managing and tracking distributed clean energy, so Verizon Ventures is excited to support Fermata Energy's incredible team and mission as they help accelerate the adoption of EVs and help to transform renewable energy on the grid." Fermata Energy’s existing investors include Skyview Ventures, I Squared Capital, and ClearSky. "Our partnership with, and investment in, Fermata Energy demonstrates our commitment to being a leader in mobility and vehicle-to-everything technology,” said Andy Karetsky, President, Skyview Ventures. “We look forward to working together to implement a network of vehicle-to-grid charging stations while optimizing grid functionality.” "Fermata Energy's V2X technology has proven to save building owners money and add resilience to the grid," said Alex Weiss, Managing Partner at ClearSky "We are excited to be a part of Fermata Energy's growth at such a critical time for electric vehicles and charging infrastructure." "I Squared Capital has deep expertise in this area, and a robust venture program to help innovative companies, like Fermata Energy, scale at such a critical time in the market," said Peter L. Corsell, InfraTech Fund Partner. "We are committed to accelerating demand for V2X technology as the model for EV adoption." ABOUT FERMATA ENERGY Fermata Energy’s proprietary vehicle-to-everything (V2X) software and bidirectional hardware technology turns EVs into energy-storage assets, and makes it possible for EVs to combat climate change, increase energy resilience, and reduce energy costs. For more information, visit www.fermataenergy.com, and follow us onTwitter (@FermataEnergy), LinkedIn, Facebook, and Instagram (@fermata__energy). Contact Details North Coast Strategies Daniel Cherrin +1 313-300-0932 dcherrin@northcoaststrategies.com Company Website https://www.fermataenergy.com

January 14, 2022 08:04 AM Eastern Standard Time

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LanzaJet Secures Industry-Leading, Innovative Financing with Microsoft Climate Innovation Fund to Construct the World’s First Commercial Alcohol-to-Jet Sustainable Fuel Plant

LanzaJet

Today, LanzaJet, a sustainable fuels technology company and renewable fuels producer, announced it has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet's (and the world's) first alcohol-to-jet sustainable aviation fuel (SAF) production plant. The innovative structure of Microsoft's financing will enable LanzaJet to bring lower-cost sustainable aviation fuel and renewable diesel to the global market. LanzaJet is dedicated to accelerating the energy transition in sectors where decarbonization is hard, such as aviation. LanzaJet produces SAF and renewable diesel from low-carbon, sustainable ethanol sources. This investment also creates the opportunity for LanzaJet and the Microsoft Climate Innovation Fund to work together in enabling LanzaJet, through the Freedom Pines Fuels plant, to catalyze the market for 2 nd generation, waste-based ethanol feedstock, demonstrating clear demand signals for ethanol that can achieve greater carbon reductions. The construction of Freedom Pines Fuels is progressing as planned, even with supply chain, manufacturing, and labor shortages impacting the global economy. Fabrication of the plant is well underway; some modules are already completed and final site engineering is nearing completion. The LanzaJet Freedom Pines Fuels plant is expected to achieve mechanical completion this year and begin producing 10 million gallons of SAF and renewable diesel per year from sustainable ethanol, including from waste-based feedstocks, in 2023. The investment was made as part of Microsoft's efforts to achieve its 2030 goal of becoming carbon negative and advancing a net-zero economy. It also allows Microsoft to access sustainable, renewable diesel for its data centers to enable Microsoft to further achieve its net-zero goals. Demand for sustainable fuels is increasing, and governments like those in the United States and the United Kingdom are leading the transition by encouraging sustainable fuel production. The Biden administration set a goal for achieving net-zero aviation emissions by 2050, with the E.U. wanting to increase the amount of SAF blended to 63% by 2050. In September of 2021, the White House announced a target of 3 billion gallons of SAF produced per year by 2030. As part of that announcement, LanzaJet shared it would strive to achieve 1B gallons of SAF production in the US by 2030, significantly supporting US ambitions. Private sector investment and government support are crucial to enabling the development and scale-up of new technologies to curb carbon emissions as the world tackles climate change. The collaboration between LanzaJet and the Microsoft Climate Innovation Fund demonstrates that such an innovative investment approach breaks down barriers by deploying new technologies, improves our nation's infrastructure, and creates new economic opportunities in rural communities. The development of LanzaJet’s Freedom Pines Fuels plant is also supported by funding from the U.S. Department of Energy Bioenergy Technologies Office. LanzaJet continues to work with its founding investors to scale up the production of sustainable fuels to meet global demand and to enable the energy transition underway. Microsoft's financial support of LanzaJet joins other LanzaJet funders including LanzaTech, Inc., Suncor Energy Inc., Mitsui & Co., Ltd., British Airways, Shell, and All Nippon Airways – all who are working together to catalyze and build a new global market for sustainable fuels. Jimmy Samartzis, LanzaJet CEO, said: "We know that creating the change which our world desperately needs requires perseverance, innovation, and like-minded partnerships. We are thrilled to bring on Microsoft and its Climate Innovation Fund to help us build our first-of-its-kind sustainable fuels plant in Georgia. The partnership with Microsoft is more than just financing – it advances our work towards net zero fuels, it enables lower-cost sustainable fuels into the market, and it supports the urgency to have real, proven technologies scale-up and deploy." "We set a bold ambition to support the White House with a goal of 1 billion gallons of sustainable fuels by 2030. With Microsoft's support, this first plant significantly expands the production of sustainable fuels in the US, establishes Georgia as a leader in cleantech, and is the foundation for us as the first alcohol-to-jet sustainable fuels producer, and as a blueprint for the commercial plants we're developing globally." Brandon Middaugh of Microsoft's Climate Innovation Fund said: "With this investment, we support LanzaJet in creating new pathways to help companies across industries achieve net-zero carbon through the use of sustainable fuels. Decarbonizing hard to abate industries and technologies will be essential to achieving our carbon reduction goals by 2030. We look forward to working with LanzaJet to accelerate the global development and deployment of high-quality, sustainable fuels technologies." Governor Brian P. Kemp (Georgia), said: “LanzaJet is adding to Georgia’s growing sustainability ecosystem with the development of their aviation fuel and renewable diesel products,” said Georgia Governor Brian P. Kemp. “We congratulate LanzaJet, Microsoft, Soperton, and Treutlen County on this innovative opportunity. We’re proud that they’re growing in Georgia’s pro-business environment, and we look forward to working with them to support their production goals in the future.” U.S. Senator Jon Ossoff (Georgia), said: "This is good news for Georgia. My vision remains that Georgia should lead the nation in clean energy and renewable energy technology — including sustainable aviation fuels. I brought the Secretary of Energy to visit the LanzaJet site last year, and I will continue working to promote clean energy technology and create Georgia jobs.” U.S. Representative Rick Allen (GA-12), said: “This is great news for Georgia’s 12th District as it will enable continued investment and workforce development in Soperton. I applaud LanzaJet on today’s announcement, which is the result of free markets and innovation at work.” State Senator Blake Tillery (Vidalia-19), said: “We are continually working on jobs and investment in rural Georgia and are excited about what this announcement today means for Treutlen County and the surrounding areas.” About LanzaJet LanzaJet, Inc. is the world’s alcohol-to-jet technology leader and producer of Sustainable Aviation Fuel (SAF) and Renewable Diesel (RD) from ethanol. LanzaJet’s alcohol-to-jet technology has been in development for more than a decade through a partnership initially between LanzaTech and the US Department of Energy’s Pacific Northwest National Lab (PNNL). PNNL developed a unique catalytic process to upgrade ethanol to alcohol-to-jet synthetic paraffinic kerosene (ATJ-SPK) which LanzaTech took from the laboratory to pilot scale. LanzaJet is now commercially deploying the technology globally. Launched in June 2020, LanzaJet produces SAF and renewable diesel for hard to decarbonize sectors such as transportation including aviation and maritime. With its approach to the commercialization of SAF, LanzaJet creates regional jobs while enabling global decarbonization of the aviation sector. The LanzaJet process can use any source of low CI, sustainable ethanol for fuel production. Investors include LanzaTech, Inc. - the world’s carbon recycling leader and sponsor that spun out LanzaJet, Suncor Energy Inc. - Canada's leading integrated energy company, British Airways - the flag carrier airline of the United Kingdom, Shell – a global energy company, and Mitsui & Co., Ltd – a leading Japanese trading and investment company. Further information is available at https://www.lanzajet.com/. Contact Details North Coast Strategies Daniel Cherrin +1 313-300-0932 dcherrin@northcoaststrategies.com Company Website https://www.lanzajet.com

January 13, 2022 09:04 AM Eastern Standard Time

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