News Hub | News Direct

Technology

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

Knightscope (NASDAQ: KSCP) Is Making A Splash In The Robotic Industry With Revenue Increases Year Over Year

Benzinga

By Faith Ashmore, Benzinga Knightscope (NASDAQ: KSCP), a technology company ushering in the dawn of Autonomous Security Robots (ASRs), is entering 2024 after what it reports was a successful 2023; the company’s 10th year in business. Founded in 2013, Knightscope anticipated the growth of AI and robotics and got into the space early, setting the company on a path toward becoming a major player. Knightscope’s record has garnered attention across the nation. The company has consistently increased its revenue; in 2021 it reached $3.4 million, followed by $5.6 million in 2022, and the company believes the final amount for 2023 reached between $12-13 million in growth. Once confirmed, the company will have demonstrated consistent growth. One of the company’s most notable achievements in 2023 was its partnership with the NYPD, which placed its ASRs in the New York City subway system. However, Knightscope’s high-profile partnership with the NYPD is only part of the company’s success as interest grows in using ASRs to increase public safety. In 2023, Knightscope expanded into various industries including commercial real estate, universities, healthcare and casinos, among others. In the fall of 2023, a California community college invested over $1.5 billion in updating its facilities, including its safety and security measures. Knightscope was chosen as the vendor to replace the college's outdated emergency phone system with K1 Blue Light Towers. Now, the college has installed a total of 26 Towers and is adding six more to enhance its operations. Knightscope has also made strides in hospitality – they have secured contracts with hotels in Portland, Oregon, where their K5 Autonomous Security Robots will patrol the parking areas to ensure the safety of guests, employees and visitors. Last year saw more casinos partner with Knightscope; two casinos in Louisiana, located in Shreveport and Bossier City signed contracts to utilize Knightscope's K5 ASRs, making it the first ASR contract in the state. Those contracts added to ASRs already deployed in Nevada, Iowa, Illinois and California. The K5 ASR has been welcomed in the casino space as it greets guests with a friendly voice and provides an additional set of eyes and ears for the human security team. The company’s recent announcement of receiving its Authority to Operate (ATO) from the Federal Risk and Authorization Management Program (FedeRAMP), opens the door, the company believes, to billions in increase to its TAM (Total Addressable Market). The first deployment is planned with the U.S. Department of Veterans Affairs. While the company has a proven track record of signing new contracts and expanding its reach with new clients, it has also demonstrated that existing clients stay on board and extend their contracts, given that multiple clients of the company renewed their contracts in 2023, including a Fortune 500 company. The robotics market was valued at $31.38 billion in 2021 and is expected to reach $110.39 by 2030, with a CAGR of 15% from 2022-2030. Knightscope seems well-positioned to capitalize on this growth and continue to increase its consumer base. Click here to read more about the company’s future plans from CEO William Santana Li. Featured photo courtesy of Knightscope. 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 not intended to be investing advice. AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT IS AVAILABLE HERE. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

March 12, 2024 08:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

XLF – Much More Than Just Money Center Banks

Select Sector SPDR

The Financial SPDR ETF (XLF) offers investors effective access to the largest U.S. financial companies. By tracking an index of S&P 500 financial stocks, XLF provides an opportunity for investors to diversify their portfolios and tap into the potential of the financial sector. XLF is weighted by market cap, meaning the larger the financial institution, the heavier the weighting. This structure ensures investors are gaining exposure to the most influential players in the sector. The ETF has proven to be a robust investment vehicle at the heart of the sector, offering a blend of large cap stability and the potential for growth. It's not just banks, XLF offer significant exposure to the credit card industry, capitals markets and insurance. Key holdings* include: Berkshire Hathaway (13.40%) JP Morgan Chase (9.68%) Visa A (8.11%) Mastercard A (7.07%) Bank of America (4.28%) Wells Fargo (3.63%) S&P Global (2.50%) Goldman Sachs (2.28%) American Express (2.27%) BlackRock (2.04%) These holdings represent a diverse cross-section of the financial sector, from banking and insurance to investment services. Each company brings its unique strengths and strategies to the table, providing investors with a balanced exposure to the sector. The Financial Select Sector SPDR Fund ( XLF ) is a passively managed ETF that's broadly diversified, offering investors access to a wide range of investment opportunities. Investors can unlock access to these holdings with XLF, making it easy for anyone interested in the financial sector to get started. With its diverse holdings and accessible structure, XLF offers investors the chance to participate in the sector's potential growth and evolution. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings & Weightings as of 2/29/24 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007354 EXP 4/30/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

March 12, 2024 05:00 AM Eastern Daylight Time

Article thumbnail News Release

Comcast Texas Commits More Than $1M to Shrink Local Digital Divide in 2024

Comcast Texas

HOUSTON, TX (March 12, 2024) – Comcast Texas, the Houston area's largest internet service provider, will commit more than $1 million to shrink the local digital divide this year by supporting digital skills training programs, adding more Wi-Fi connected Lift Zones and providing grants to dozens of organizations that help thousands of people. The investment is part of Comcast’s Project UP – a comprehensive $1 billion initiative to advance digital opportunities across the nation and help build a future of unlimited possibilities. Digital Skills in the Workforce Over 90% of jobs available today require digital skills, yet nearly one-third of U.S. workers lack opportunities to build these skills. In 2024, Comcast Texas will continue to fund programs that teach the tech skills needed to land a job and stay competitive in the changing marketplace. Expanding WiFi-Connected Lift Zones and Programming Lift Zones are spaces in neighborhood community centers that provide free Internet access for students and families. In 2024, Comcast Texas will activate a number of new Lift Zones in the surrounding Houston area. There are 53 Lift Zones that serve southeast Texas students and families. In addition to new Lift Zones, additional programming will be added to locations that focus on skills and workforce development. Connectivity & Adoption Grants Connectivity programs give individuals, families and community partners the right tools and resources to take advantage of the Internet. Adoption programs teach the skills needed to increase competency and confidence in technology to use it proficiently. In 2024, Comcast Texas will provide hundreds of thousands of dollars in grants to fund connectivity and adoption programs. “This investment in our communities will literally change generations of southeast Texas families,” said Jose Espinel, Comcast Texas’ Regional Senior Vice President. “Everyone deserves a chance to participate in the digital economy. You can’t do that without the resources and skills to use the Internet. Our commitment will ensure that people from all backgrounds can connect to the moments that matter most.” Comcast Texas’ 2024 grant funding and other support to local organizations will be announced throughout the year. Additional support will be considered for local organizations that raise awareness about connectivity programs like Internet Essentials, a low-cost, high-speed Internet plan for qualifying households ($9.95/mo for up to 50 Mbps, or $29.95/mo for up to 100 Mbps). Internet Essentials also provides low-cost computers, free WiFi hotspots, and free internet training. 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. About Project UP: Project UP is Comcast Corporation’s comprehensive initiative to advance digital equity and help build a future of unlimited possibilities. Backed by a $1 billion commitment to reach tens of millions of people, Project UP encompasses the programs and community partnerships across Comcast, NBCUniversal, and Sky that connect people to the Internet, advance economic mobility, and open doors for the next generation of innovators, entrepreneurs, storytellers, and creators. Contact Details Ilona Carson +1 346-624-2074 Ilona_Carson@comcast.com Company Website https://houston.comcast.com/

March 11, 2024 04:15 PM Central Daylight Time

Video
Article thumbnail News Release

HTX Launches Open Beta Test for "Trade to Earn" Event, A New Chapter in Rewarding Users

HTX

HTX, the leading cryptocurrency exchange, today announced the launch of the open beta test for its "Trade to Earn" event, heralding a new page of user rewards and engagement. Open to all users, including platform traders, market makers, and API traders, this event aims to revolutionize the trading experience while offering substantial rewards to its community. During the test period from March 11 to March 14, participants stand to receive generous $HTX as rewards through spot trading of BTC/USDT. This event provides users with a unique opportunity for asset growth and contributes to the stable appreciation of $HTX. The actual $HTX amount participants can receive is calculated based on their trading fees paid, order types, and reward ratio. For detailed information, please refer to the official announcement on HTX. Highlights: ● Open to all users, with customized offerings for market makers to reap lucrative rewards. ● Participants receive $HTX with the amount exceeding their fee expenditure, enabling them to experience negative fee trading. ● No lock-up restrictions for $HTX earned from the event, withdrawable at any time. ● Every day, a substantial prize pool awaits. The introduction of the "Trade to Earn" open beta test underscores HTX's commitment to enhancing users' trading experience. Following the conclusion of the beta period, HTX will soon kick off the official event with an even more substantial prize pool daily. Additionally, all daily trading fees generated from the BTC/USDT pair will be fully utilized for $HTX buybacks to support stable appreciation. All $HTX acquired through buybacks will be entirely burned! HTX remains dedicated to providing secure, convenient trading services while driving innovation to propel the cryptocurrency industry forward. We look forward to collaborating with users worldwide to establish HTX as the people's exchange and explore the limitless potential of cryptocurrency. Official Announcement: https://www.htx.com.kg/support/en-us/detail/24963611354648 About HTX Exchange Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable the exchange to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance", HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

March 11, 2024 11:07 AM Eastern Daylight Time

Article thumbnail News Release

Kaspa Partners with Lionsgate Network to Trace and Recover Lost Crypto Amid Bitcoin's Surge Towards All-Time High

Lionsgate Network

As Bitcoin surpasses its previous all-time high, the cryptocurrency community braces itself for new milestones. In the midst of this anticipation, Kaspa Blockchain, a leading digital asset management platform, has forged a groundbreaking partnership with Lionsgate Network, an Israeli blockchain agency, renowned for its expertise in complex intelligence services and recovering crypto currencies. This alliance is poised to revolutionize the landscape for Kaspa members who have been victimized by cryptographic attacks over the past septennial. Leveraging Lionsgate Network's unparalleled capabilities, Kaspa aims to recover the plundered digital assets of its members, offering them a beacon of hope in the face of adversity. " The timing of this partnership couldn't be more significant, " remarks Bezalel Eithan Raviv, CEO of Lionsgate Network. " As Bitcoin reaches its peak, cryptocurrency embezzlement and scams hit new highs showing a clear correlation, the need for robust security measures and recovery solutions becomes paramount. Kaspa's community makes it the ideal partner to embark on this journey” Through Lionsgate Network's sophisticated approach and Kaspa's commitment to safeguarding its members' investments, individuals who have fallen victim to crypto-related thefts will now have access to cutting-edge resources for asset recovery, while utilizing the KAS token, currently valued at $0.1581 with a staggering 1201.52% increase over the past year, to fund the recovery process and secure their future investment. "In the wake of Kaspa's rapid growth and the integration with Lionsgate Network, the cryptocurrency community can now enjoy a higher level of security and confidence," said N. R. Crowningshield, author of “The Book of Kaspa” and Kaspa spokesperson. "Blockchain analysis services are essential in an era where advanced recovery solutions for digital assets are in critical demand." In an era where the cryptocurrency market is characterized by unprecedented growth and innovation, the collaboration between Kaspa and Lionsgate Network exemplifies a shared commitment to resilience, security, and the protection of investors' interests. Kaspa and Lionsgate Network stand at the forefront, poised to redefine the narrative of security and trust in the digital asset ecosystem. About Lionsgate Network Lionsgate Network, an Israeli private blockchain intelligence agency, specializes in providing customized and intricate analysis and intelligence services for prominent individuals, corporations, and governments. Their intelligence operations resulted in freezing over $90 million in Hamas-affiliated crypto wallets and assisting the US in releasing crypto associated with organized crime, demonstrating their dedication to combating illicit finance and enhancing global security. About Kaspa Kaspa is the fastest and most scalable instant confirmation transaction Layer-1 built on proof-of-work. Using the GHOSTDAG (Greedy Heaviest Observed SubTree Directed Acyclic Graph) protocol, a scalable generalization of the Nakamoto Consensus, Kaspa circumvents the traditional security-scalability-decentralization tradeoff, enabling high block rates while maintaining the level of security offered by the most secure proof-of-work environments. Contact Details Colin Landers colin@energentmedia.net Company Website https://lionsgate.network/

March 11, 2024 09:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

Four Stocks Set to Gain With The Rise of AI

SKYX, MBLY, SOUN, NVDA

Artificial intelligence (AI) continues its dominance in the markets, propelling tech stocks to unprecedented heights and captivating the attention of investors, media, and government alike. As we transition into 2024, the allure of AI remains unyielding, with companies steadfastly positioning themselves to harness the immense growth potential of this revolutionary technology. The surge of investments in generative AI and AI-related startups, totaling close to $50 billion, underscores the growing enthusiasm for AI and its myriad applications in modern society. From OpenAI's ChatGPT AI chatbot to GitHub's Copilot AI code generation software and Google's Gemini AI model, the world has witnessed remarkable advances in AI technology, reshaping industries and challenging traditional paradigms. Indeed, artificial intelligence, automation, and robotics are disrupting virtually every sector, compelling companies to embrace AI-driven solutions or risk obsolescence. Machine learning, large language models, smart applications, digital assistants, synthetic media software, and autonomous vehicles represent just a glimpse of the transformative power of AI. As we navigate the evolving landscape of AI, it's clear that companies with AI and automation at the core of their business strategies are poised to thrive in the age of digital disruption. Let’s check out four stocks poised to gain from the rise of AI. SKYX Platforms Corp. (NASDAQ: SKYX) is at the forefront of integrating advanced technology into everyday living spaces, aiming to make homes and buildings safer, smarter, and more efficient. With a robust portfolio of 77 U.S. and global patents and patent-pending applications, SKYX boasts a comprehensive suite of platform technologies designed to revolutionize the way we interact with our environments. The cornerstone of SKYX's innovation lies in its commitment to high-quality and user-friendly designs, spanning various domains from lighting to home décor. In September 2023, SKYX achieved a significant milestone with the issuance of five new utility patents in the U.S. and international markets, solidifying its position as a trailblazer in advanced and smart technologies. One of SKYX's most notable achievements is its initiative to standardize safety with the National Electrical Code (NEC), revolutionizing electrical installations and enhancing overall safety standards. Spearheaded by industry leaders Mark Earley and Eric Jacobson, SKYX's code team is dedicated to mitigating hazards and ensuring unparalleled safety across residential and commercial environments. Financially robust, SKYX boasts $23.7 million in cash, cash equivalents, restricted cash, and investments, providing a solid foundation for growth and innovation as of June 30, 2023. The renewal of a five-year global licensing master service agreement with GE Technology Development, Inc. further amplifies SKYX's reach and influence in the industry, enabling effective monetization of its technologies while safeguarding intellectual property rights. At CES 2024, SKYX unveiled its patented All-In-One Smart Platform, a groundbreaking solution designed to transform homes into smart living environments seamlessly. This comprehensive platform integrates scheduling, energy-saving modes, and emergency functionalities, offering unparalleled convenience and efficiency. In addition to its technological advancements, SKYX's commitment to safety and innovation extends to its proprietary patented platform technologies for smart home and electrical installations. Notably, SKYX’s Sky Plug-Smart technology revolutionizes electrical installations with its "plug and play" installation of weight-bearing electronics, significantly simplifying and enhancing safety standards. The inclusion of the Sky Ceiling Receptacle in the NEC Code Book marks a significant milestone, reinforcing SKYX's commitment to safety and innovation. The receptacle's unique design reduces potential exposure to wires and streamlines installation processes, setting a new standard for electrical installations. With endorsements from professional bodies like ANSI/NEMA and the American Institute of Architects, SKYX's proprietary technology is poised to become the new standard for home and building electrical installations. For investors seeking opportunities in AI and smart home technology, SKYX presents a compelling investment opportunity. Its disruptive technologies, strategic partnerships, and relentless pursuit of innovation position SKYX as a frontrunner in the smart living revolution, promising unparalleled safety, convenience, and efficiency for generations to come. Mobileye Global Inc. (NASDAQ: MBLY) is at the forefront of advanced driver assistance systems (ADAS) and autonomous driving solutions, positioning itself as a leader in the rapidly evolving automotive technology landscape. With its innovative Driver Assist and Cloud-Enhanced Driver Assist solutions, Mobileye sets the standard for safety and efficiency on the road. The company's SuperVision technology represents the pinnacle of ADAS, offering hands-off capabilities for lane changes, acceleration, deceleration, and point-to-point navigation in autonomous vehicles. Analyst Itay Michaeli of Citigroup projects a bullish outlook for Mobileye Global stock, with a potential triple to $72 per share. The company's profitability during the fourth quarter underscores its financial strength and ability to sustain growth amidst economic uncertainties. Mobileye's dominance in the ADAS market, controlling nearly 70% of global market share, makes it a compelling investment opportunity for AI enthusiasts. Its cutting-edge systems leverage cameras, sensors, and proprietary EyeQ computer vision chips to deliver assisted parking, single-lane cruising, and other semi-autonomous features to vehicles. The latest SuperVision release boasts impressive figures, with 4Q23 revenues reaching $637 million, representing a 13% year-over-year growth. Notably, Mobileye successfully diversified its revenue streams across a wide range of OEMs and geographic regions, signaling robust market penetration and demand for its technologies. While Mobileye's innovative solutions and strong financial performance position it for long-term success, potential economic headwinds pose challenges to achieving the $72 price target in 2024. Nevertheless, with its track record of technological innovation and market leadership, Mobileye Global Inc. remains a formidable player in shaping the future of autonomous driving and smart mobility. Investors keen on tapping into the burgeoning automotive technology sector may find Mobileye Global Inc. to be a compelling investment opportunity, offering exposure to the transformative potential of ADAS and autonomous driving technologies in the years ahead. SoundHound AI Inc (NASDAQ: SOUN) is a global leader in conversational intelligence, empowering businesses with innovative voice AI solutions that revolutionize customer interactions across various industries. With its proprietary technology, SoundHound delivers unparalleled speed and accuracy in multiple languages, catering to automotive, TV, IoT, and customer service sectors. Groundbreaking AI-driven products like Smart Answering, Smart Ordering, and Dynamic Interaction redefine customer service standards, while SoundHound Chat AI integrates Generative AI to power millions of products and services worldwide. In its recent 8-K filing on February 29, 2024, SoundHound announced record-breaking Q4 revenue of $17.1 million, marking an impressive 80% increase year-over-year. Moreover, the company demonstrated a remarkable 80% improvement in adjusted EBITDA, showcasing its financial strength and operational prowess in the voice AI industry. Despite facing challenges reflected in net loss figures, SoundHound's strategic initiatives, including the integration of new generative AI capabilities and the acquisition of SYNQ3, position it as a dominant force in the market. The company's relentless investments in research and development, alongside robust sales and marketing efforts, underscore its commitment to innovation and market expansion. Looking ahead, SoundHound anticipates continued growth, projecting full-year 2024 revenue to range between $63 to $77 million, with a midpoint target of $70 million. With an ambitious 2025 outlook, SoundHound aims to exceed $100 million in revenue while achieving positive adjusted EBITDA, reflecting CEO Keyvan Mohajer's confidence in the company's trajectory. CFO Nitesh Sharan emphasizes SoundHound's strong finish to the year and readiness to meet surging customer demand for AI solutions. SoundHound AI Inc's commitment to innovation and delivering real commercial value positions it as a frontrunner in shaping the future of conversational intelligence. NVIDIA (NASDAQ: NVDA) stands as a trailblazer in accelerated computing, reshaping industries since its inception in 1993. The company's groundbreaking invention of the GPU in 1999 revolutionized PC gaming, redefined computer graphics, and ushered in the era of modern AI, fueling industrial digitalization across markets. In recent years, NVIDIA has emerged as the poster child for AI, experiencing a remarkable surge in its stock price, which has soared by 260% since last March. With an estimated 90% market share in AI chips, NVIDIA has cemented its position as a leader in the field. The increased demand for AI services has propelled the sales of NVIDIA's GPUs, essential for training AI models. As a result, the company has experienced substantial growth, with revenue soaring by 265% year over year to $22 billion in the fourth quarter of 2024. Operating income witnessed a staggering 983% jump, reaching nearly $14 billion, fueled by a remarkable 409% increase in data center revenue, reflecting a surge in AI GPU sales. NVIDIA's impressive performance speaks volumes about its dominance in the AI landscape and its ability to capitalize on the growing demand for GPU-accelerated computing. As the demand for AI services continues to rise across various industries, NVIDIA remains well-positioned to drive innovation and shape the future of accelerated computing. CapitalGainsReport (CGR) is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. CapitalGainsReport (CGR) is owned by RazorPitch Inc. and has been retained by SKYX Platforms Corp. to assist in the production and distribution of content related to SKYX. 'CGR' is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by CapitalGainsReport/RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR/RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com Company Website http://CapitalGainsReport.com

March 11, 2024 05:00 AM Eastern Daylight Time

Article thumbnail News Release

A Call to Action: Revitalizing U.S. Maritime Security for Global Stability and Prosperity

MAR LLC

Rarely is there a day without international shipping in the news. From Yemen's Houthi militants attacking shipping in the Red Sea, maritime food blockades around Ukraine, rising hostilities in the South China Sea, drought reducing traffic through the Panama Canal by almost 50%, global shipping is receiving more attention than ever before. And yet barely four years after the COVID-19 pandemic, supply chain crunch, blockade of the Suez Canal by the containership Ever Given, the vulnerabilities of the maritime transportation system remain and more needs to be done to protect American interests. ZERO POINT FOUR sheds light on the industry in a way that has never been done before. Bold new solutions are called for and revealed from this cutting analysis after years of working on the front lines of the shipping crisis. If you want to get a strong understanding of why the U.S. remains vulnerable to supply chain risks and a shortage of military sealift support, then this book is required reading. After years of extensive research, The Maritime Accelerator for Resilience (MAR) released the findings of its landmark study in a book entitled ZERO POINT FOUR, spearheaded by Rear Admiral James Watson (USCG Ret.) and an esteemed panel of maritime, security, ocean and supply chain experts. This critical analysis delves into the challenges and strategic imperatives facing U.S. maritime security, emphasizing its indispensable role in global commerce, national defense, and international peacekeeping and offering near, medium and long term leadership opportunities to mitigate America’s vulnerabilities. In an era marked by complex global challenges, the U.S. maritime sector's decline to a mere 0.4% of the global oceangoing commercial fleet signifies not just a loss of commercial prominence but also a critical vulnerability in national security and global economic stability. ZERO POINT FOUR offers a stark examination of the consequences of diminished U.S. influence on the seas, from eroding economic competitiveness to heightened risks in global supply chains, energy dependence, and environmental sustainability. The book highlights five key principles around security—national, economic, energy and food, climate, and workforce-- and outlines a visionary framework for action, advocating for strategic investments in maritime infrastructure, technological innovation, and a revitalized maritime workforce. These initiatives aim to restore the U.S. as a global maritime leader, ensuring the safety, efficiency, and sustainability of international shipping lanes crucial for the flow of trade, energy, and resources worldwide. Furthermore, ZERO POINT FOUR calls for enhanced international maritime cooperation to tackle piracy, illegal fishing, and environmental hazards, reinforcing the U.S. commitment to upholding the rule of law on the high seas and fostering a climate of global peace and cooperation. The impetus for the book came from the author’s recognition of the US’s vulnerability in maritime security, and its impact on all aspects of American life. From the post-World War II period when 50% of all oceangoing commercial vessels were under the US flag to today’s 0.4%, an unsustainable shift of power and influence has occurred which needs to be remedied. In addition to Rear Admiral Watson, authors include maritime mavens Carleen Lyden Walker and Captain Anuj Chopra, technology and sustainability economist Nishan Degnarain, cyber security, physical security, and enterprise resilience veteran Rich Mason, and global supply chain specialist Jonothan Kempe. The Maritime Accelerator for Resilience urges all stakeholders — government officials, industry leaders, and the public — to unite behind these proposals. By doing so, the U.S. can secure a future where its maritime domain not only thrives but also serves as a cornerstone for global trade, environmental stewardship, and international peace. ZERO POINT FOUR is available for purchase on Amazon using this LINK. The Maritime Accelerator for Resilience (MAR LLC) is a U.S.-based maritime organization operating as a maritime policy accelerator and is dedicated to propelling the U.S. maritime industry into a new era of innovation, security, and global leadership. Collaborating with influential figures in shipping, ocean policy and innovation, MAR aims to advance policy, technology, and operational strategies that enhance maritime resilience and competitiveness. Our vision is to motivate the U.S. maritime industry to global competitiveness, navigating challenges and embracing opportunities in the next decade. For more details, visit: www.maritimeresilience.org Contact Details MAR LLC Carleen Lyden Walker +1 203-260-0480 carleen.lw@maritimeresilience.org

March 11, 2024 01:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

On international Women's Day, Diamond Lake Minerals talks about the importance of a key advisor

Diamond Lake Minerals Inc

Diamond Lake Minerals CEO Brian J. Esposito and Advisory Board Agnes Budzyn joined Steve Darling from Proactive on International Women's Day to discuss the company's commitment to equity and innovation. Esposito highlighted Budzyn's leadership in the security token and digital asset space, emphasizing her valuable expertise in guiding the company's strategic vision. Budzyn, a seasoned professional with experience in blockchain investing and Wall Street, expressed excitement about Diamond Lake Minerals' role in shaping the future of digitalization. She emphasized the importance of adaptability and experimentation in navigating industry trends. Esposito underscored the democratizing potential of technologies like security tokens, noting the increased opportunities for wealth creation irrespective of gender. The discussion reflected Diamond Lake Minerals' dedication to fostering a diverse and inclusive environment while driving forward-thinking initiatives in the digital asset landscape. Contact Details Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

March 08, 2024 12:04 PM Eastern Standard Time

Video
Article thumbnail News Release

Blackbird CEO Ian McDonough discusses 2023 achievements and launch of elevate.io

Blackbird PLC

Blackbird PLC CEO Ian McDonough joins Proactive's Stephen Gunnion with insights into the company's 2023 performance and upcoming milestones. McDonough described 2023 as a year of progress, highlighting Blackbird's significant presence in major sporting events due to its unparalleled speed and stability as a video editor. The company's technology was employed across numerous high-profile sports events, including all Tennis Grand Slams, the Super Bowl, the Women's World Cup, the Ryder Cup, and the Rugby World Cup, with plans to extend its use to the Summer Games in 2024. The discussion also introduced elevate.io, a new product aimed at the creator economy, which is a level below the professional sphere where Blackbird operates. Designed with input from 300 potential users, elevate.io targets independent filmmakers, podcasters, corporate video creators, and others within a market valued at approximately $250 billion, according to Goldman Sachs, expected to grow to $500 billion by 2027. The specific segment for tools and services is anticipated to expand from $20 billion to $180 billion by 2030. To support elevate.io 's growth, Blackbird has welcomed a new director, Anne de Kerckhove, and raised over a million pounds. The product, due for general release at the end of March, will start as a freemium model and aims to build a user community through its multiplayer and collaborative features, leveraging AWS for scalability. For 2024, McDonough foresees a pivotal period of learning from the market and community feedback to refine and expand elevate.io's offerings, with a focus on agile development based on user needs. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

March 08, 2024 11:04 AM Eastern Standard Time

Video
1 ... 9495969798 ... 637