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ECD Automotive Design financial guidance for 2024 calls for 50% increase in revenue

ECD Automotive Design Inc.

ECD Automotive Design CEO Scott Wallace joined Steve Darling from Proactive to share news that the company is gearing up for an exciting year ahead in 2024 as the first publicly-traded "restomod" company. ECD is a creator of restored luxury vehicles that combines classic English beauty with modern performance. ECD anticipates a strong financial performance for 2024 with revenue projected to be $33 million, an impressive increase of over 50% compared to anticipated 2023 revenue of $22 million, and gross margins expected to be 35%in 2022 to 38% in 2024. One notable achievement is that ECD's core Defender North production line is already completely sold out for 2024. This, combined with the introduction of the Jaguar E-Type and an undisclosed new model on the South production line, means that ECD has already secured binding orders of over 80% of its total 2024 production capacity. To accommodate this increasing demand, ECD plans to add another manufacturing line to its Rover Dome facility in Kissimmee, Florida. This expansion aligns with its commitment to sustainable growth and positions the company for long-term success. ECD's growth plans also include consolidating the ecosystem that surrounds the luxury auto client. This is a $15 billion industry that is highly fragmented. In addition to these exciting developments, ECD has unveiled Project QE, a Defender 110 that blends modern amenities with classic British heritage. This vehicle boasts a LT1 V8 engine with 450 horsepower. With its classic grill, bumper, and 6-point roll cage, Project QE pays homage to its English roots while offering a comfortable and powerful driving experience. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 08, 2024 09:47 AM Eastern Standard Time

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Manganese X Energy Corp agrees to MOU with US battery technology leader C4V

Manganese X Energy Corp

Manganese X Energy Corp CEO Martin Kepman joined Steve Darling from Proactive to share the news that the company has entered into a Memorandum of Understanding (MOU) with C4V, a prominent US battery technology leader, which holds immense promise for a potential off-take agreement from Manganese X Energy Corp's Battery Hill High Purity Manganese project located in Woodstock, New Brunswick, Canada. C4V, renowned for its leadership in renewable battery technology and its involvement in major Gigafactory developments worldwide, including those in Geelong, Australia, and the United States, has shown keen interest in the collaboration. This non-binding agreement is predicated on the possible supply of Electric Vehicle (EV) compliant High Purity Manganese Sulfate Monohydrate, a sample of which is currently undergoing pre-qualification by C4V for use in their Gigafactory joint ventures. The sample in question was produced as part of Manganese X Energy Corp's Pilot Plant Project, which employs their patent-pending, groundbreaking manganese purification technology. This technology enables the transformation of Battery Hill manganese carbonate into Electric Vehicle compliant High Purity Manganese Sulfate Monohydrate (HPMSM), serving as a precursor to the cathode in battery manufacturing. This strategic partnership holds the promise of playing a pivotal role in the supply chain for EV batteries, as high-purity manganese is a crucial component in the production of advanced batteries. The MOU represents a significant step forward in the company's quest to contribute to the growing electric vehicle industry while further solidifying its position as a key player in the renewable energy sector. The collaboration between Manganese X Energy Corp and C4V exemplifies their shared commitment to sustainable energy solutions and highlights the importance of securing a stable supply of critical materials for the EV revolution. As the pre-qualification process advances and the partnership takes shape, both companies are poised to make a lasting impact on the clean energy landscape by fostering innovation and the development of cutting-edge battery technology. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 07, 2024 12:38 PM Eastern Standard Time

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Cepton, Inc. SVP Brunno Moretti on US DOD 1260H List Breaking News

Cepton, Inc.

Cepton, Inc. Senior Vice President of Product & Commercial Operations Brunno Moretti joined Steve Darling from Proactive to discuss the recent update from the U.S. Department of Defense (DOD), listing Chinese military companies operating in the U.S. Specifically, the conversation revolves around the inclusion of a lidar company, Hesai, on this list. Moretti highlights potential repercussions for companies with Chinese technology, such as restrictions, increased scrutiny, and impacts on global reputation and partnerships. The discussion then delves into the sensitivity of lidar technology, emphasizing its high precision, 3D imaging capabilities, and the potential risks associated with data breaches and unauthorized access. Moretti underlines the importance of addressing national security concerns, especially when deploying lidar in critical infrastructure. Towards the end, Moretti sheds light on Cepton, Inc.’s commitment to safe deployment of lidar technology in the United States. He emphasizes the company's dedication to cybersecurity, adherence to industry standards, and the goal of making lidar a safe automotive technology for every household. Cepton, Inc.’s strong reputation within the industry is highlighted, emphasizing their focus on providing lidar at a competitive price to improve safety and enable advancements in smart infrastructure. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

February 07, 2024 10:16 AM Eastern Standard Time

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Nano One: Powering the Future with Advanced Battery Materials in 2024

Nano One Materials Corp

Nano One Materials Corp CEO Dan Blondal joined Steve Darling from Proactive to share significant updates regarding the company's progress in the lithium iron phosphate (LFP) market during an interview with Steve Darling from Proactive. Blondal mentioned that Nano One's plan for commercialization is on target and advancing with its partners. The company's One-Pot process is specifically targeting energy storage and electric vehicles (EV's) in North America and globally. He highlighted the strong collaborative work with partners, focusing on NMC (nickel manganese cobalt) and LFP (lithium iron phosphate). Nano One is validating its LFP technology with multiple partners, with the goal of securing off-take agreements. Blondal also emphasized the company's growth into Quebec in 2022, which has accelerated Nano One's path to commercialization ahead of competitors in the LFP market. This strategic move positions Nano One to potentially become a leader in the emerging LFP market, which is projected to grow to tens of billions of dollars over the coming decade. In summary, Nano One Materials Corp is making significant strides in the LFP market, with strong collaborations, validation of its technology, and a strategic presence in Quebec, all contributing to its growth and leadership potential in the industry. Contact Details Proactive USA +1 347-449-0879 na-editorial@proactiveinvestors.com

February 07, 2024 10:04 AM Eastern Standard Time

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FuelRod Deploys Swappable Charging Program at Miami International Airport

Fuel Rod

FuelRod, a leading provider of portable power solutions, announced today that Miami International (MIA) is the latest airport to deploy their innovative charging service with the installation of ten automated kiosks in select locations throughout the airport. By implementing the FuelRod program, the airport now provides the more than 50 million annual passengers with an environmentally friendly, portable option to power their devices—helping to eliminate “low power anxiety” and creating a more connected and less stressful traveling experience. FuelRod kiosks allow travelers to buy a kit with a fully charged FuelRod and all necessary cables to support any phone or pad. The rods may be recharged by the user or swapped for a fresh, fully charged replacement at any one of the many kiosk locations nationwide so travelers never need to worry about running out of power on the go. MIA is the newest addition to a rapidly growing list of more than fifty U.S. airports that have adopted the patented FuelRod two-way exchange mobile charging program, which includes major hubs such as Hartsfield-Jackson (ATL), John F. Kennedy (JFK), Dallas Fort Worth (DFW), Boston Logan (BOS), and Harry Reid Las Vegas (LAS). “We're thrilled to kick off 2024 with the installation of FuelRod kiosks at Miami International Airport,” said FuelRod COO Joe Yeagley. “This latest expansion to our kiosk network at MIA highlights our commitment to providing travelers with easily accessible and reliable power solutions. We believe that staying charged should be easy and convenient, and our continued focus on expanding our presence in airports reinforces this belief.” It is FuelRod’s hope that their collaboration with airports such as MIA will improve the overall quality of the traveling experience and allow passengers to focus on the matters that are most important to them. About FuelRod FuelRod is a California-based portable power solutions company and developer of the FuelRod kit—the first reusable, portable charging system that allows you to charge your mobile device on the go, and then recharge or swap for a fresh one. With a growing network of kiosks nationwide, FuelRod can keep your devices powered virtually anywhere you go. Learn more at www.fuel-rod.com. Contact Details FuelRod Claudio Frescas +1 423-914-9647 claudio@fuel-rod.com Company Website https://www.fuel-rod.com/

February 07, 2024 09:00 AM Eastern Standard Time

Exciting Transition as Executive Director Prepares for New Chapter

National Contract Management Association

The NCMA Contract Management Institute (CMI) announces that Soraya Correa, who has served as the dedicated Executive Director for the past year, will be joining the team at National Industries for the Blind as their new President and CEO-Elect. Ms. Correa will be transitioning into a governance role, maintaining a crucial connection with CMI and its strategic direction. This shift reflects her continued dedication to the institute's mission and the desire to contribute to its future success at a governance level. Kraig Conrad, CEO of NCMA and Chair of the CMI Governance Board, "We express our gratitude for the invaluable contributions Soraya has made to the relaunch of the Contract Management Institute. Her enduring legacy is marked by a steadfast commitment to remaining actively engaged in the NCMA community and continuing her involvement in the governance of CMI." Amid expressions of gratitude for her contributions, Ms. Correa reflected on her time at the Institute, underscoring the impact she has had on its relaunch, community engagement, and governance. “While I am excited about this new opportunity with the National Industries for the Blind (NIB), I am sad to leave CMI. As Executive Director of CMI I had the opportunity to work with the outstanding leadership, team, and members of NCMA, an experience I will always appreciate and remember fondly. I remain committed to the success of CMI and the vital role it plays in advancing the contract management profession. As I embark in my new role at NIB, I will continue to support NCMA initiatives, especially those of the CMI!” In the interim, taking over the Executive Director position for CMI will be Mr. Conrad. Stay tuned for more updates and CMI’s research projects begin this Spring. For inquiries and paper submissions, please contact info@ncmahq.org. The Contract Management Institute (CMI) is a leading professional organization dedicated to advancing the field of contract management. With a mission to drive innovation, promote excellence, and enhance the role of the contracting professional, CMI provides valuable resources including collaboration and partnership opportunities for individuals and organizations involved in contract management across government, industry, and academia. The Institute serves as a catalyst for the study of the profession to elevate engagement, standards, and professional development. The CMI mission and vision are aligned with its parent, NCMA. CMI is a 501(c)(3) charitable organization. The National Contract Management Association (NCMA) - www.ncmahq.org - stands as the premier contract management organization whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums. Contact Details NCMA Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org

February 05, 2024 07:05 PM Eastern Standard Time

Tertre Rouge Assets aiming for "15-25% return" from classic cars and motorcycles

Tertre Rouge Assets PLC

Tertre Rouge Assets PLC CEO André Ahrlé and Chairman Steven Schapera speak to Thomas Warner from Proactive about their innovative approach to generating shareholder returns by consolidating investment-grade classic cars and motorcycles. Their strategy revolves around creating a portfolio that aims for a 15% Internal Rate of Return (IRR) and operating companies with potential returns of 20-25%. This combined approach targets an overall investor return of 15-20%. The company's board boasts deep industry knowledge and includes prominent figures like Mika Hakkinen, David Coulthard, and Allan McNish. André Ahrlé, a former professional racer and Daytona winner himself, highlights his journey from collecting Porsches to co-founding Tertre Rouge Assets. He emphasises the global appeal and iconic status of their car collection, appealing to a wide range of enthusiasts and collectors. The investment model allows shareholders to benefit from the appreciation of the entire portfolio, rather than individual assets. Looking ahead, Schapera is confident about the company’s meticulously planned future, citing an analysis by Oberon that predicts a 15-25% return. This optimism is based on the solid foundation of their car portfolio and cash-generating businesses. Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 05, 2024 01:51 PM Eastern Standard Time

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Industrials ETF 'XLI': Potential Catalyst for Growth and Expansion

Select Sector SPDR

The industrial sector, traditionally the backbone of any robust economy, is currently experiencing a resurgence. As a nation, we are focusing on revitalizing our infrastructure, which includes railroads, aviation, and heavy machinery. This renewed focus has increased demand for industrial space and sparked job creation in these sectors. An exchange-traded fund (ETF) such as the Industrials Select Sector SPDR Fund (XLI) provides investors with an efficient, cost-effective* way to gain exposure to this expanding sector. XLI offers access to key sub-sectors of the US economy which may fuel this growth. The XLI tracks a market cap-weighted index of industrial-sector stocks drawn from the S&P 500. Currently holding over $15 billion in assets under management, it has a low annual expense ratio of 0.10%, making it one of the most efficient and tradable ways to gain access to the industrial sector. The top 10 holdings** for XLI are: Caterpillar Inc. (4.28%) Union Pacific Corp. (4.25%) Boeing Co. (4.20%) General Electric Co. (3.94%) Honeywell International Inc. (3.92%) Uber Technologies (3.59%) RTX (3.43%) United Parcel Service, Inc. Class B (3.22%) Deere & Co. (3.04%) Lockheed Martin Corp. (2.84%) Dominant Market Players Caterpillar Inc., Union Pacific Corp., Boeing Co., General Electric Co., Honeywell International Inc., and Uber Technologies dominate the sector by market capitalization, representing industries such as aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies, air freight and logistics, airlines, marine, road, and rail. Investors ranging from institutional, broker-dealers, financial advisors, and retail are adding diversification to their portfolios with XLI. This actively traded ETF can be an attractive option for investors and traders seeking exposure to the sector. The foundation of any strong economy lies in the manufacturing and distribution of goods to businesses and consumers. XLI provides investors with exposure to this fundamental process that is essential to the daily operations of commerce, retail, and services. The Role of XLI in Portfolio Diversification A key aspect of building a portfolio is understanding the significance of each of the core 11 sectors of the S&P 500. The industrial sector, represented by XLI, can serve as a viable starting point for investors of all sizes seeking diversified investments. As we move forward, XLI can open doors to manufacturing and transportation, serving as a gateway to the infrastructure revitalization and industrial expansion that is currently driving our economy. 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. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 12/31/23 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. SEL007228 EXP 3/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

February 02, 2024 05:00 AM Eastern Standard Time

University of Dayton Law School Leads the Way in Contract Excellence with the Adoption of the NCMA Contract Management Standard™

National Contract Management Association

The University of Dayton School of Law (UDSL) proudly announces its commitment to advancing education in Government Contracting & Procurement through the adoption of the National Contract Management Association's (NCMA) ANSI-approved Contract Management Standard™ (CMS™) and Contract Management Book of Knowledge ® (CMBOK ® ). The Master in the Study of Law (M.S.L.) in Government Contracting & Procurement program at UDSL is dedicated to providing students with the highest quality education and ensuring they are equipped with the knowledge and skills necessary for success in the ever-evolving profession of contract management. By incorporating the NCMA CMS™ and CMBOK ® into its program and course curricula, UDSL reaffirms its commitment to academic excellence and aligns with contract management best practices. Kraig Conrad, CEO of the National Contract Management Association, expressed enthusiasm about the partnership, stating, "We commend the University of Dayton School of Law for taking this progressive step for their program. This standard is a recognized benchmark in the profession, and its incorporation into UDSL's program reflects the university's dedication to providing students with a competitive edge in their careers." The NCMA CMS™ and CMBOK ® will serve as the foundation for UDSL's M.S.L. program, guiding the development of curriculum that addresses the dynamic and complex landscape of government contracting and procurement. This strategic adoption ensures that students receive comprehensive and up-to-date education and prepares them for success in the workforce. In response to the adoption, Sabra Tomb, UDSL’s Director of Training Programs and Strategic Business Development stated, "UDSL’s Government Contracting & Procurement Program is committed to delivering excellence in education and preparing our students to excel in their professional pursuits. The integration of the NCMA Contract Management Standard™ into our program is a testament to our dedication to providing a top-notch education that meets the needs of the industry and empowers our students for success." As UDSL continues to strengthen its position as a leader in legal education, this decision underscores its commitment to staying at the forefront of profession advancements and provide students with a competitive advantage in the job market. The National Contract Management Association (NCMA) – www.ncmahq.org – stands as the premier contract management organization whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums. The School of Law offers a fully online master's program in government contracting and procurement designed by seasoned industry and government experts. The program is designed for contract professionals; a law degree is not required. Courses are taught in real-time to encourage active learning and provide opportunities for live feedback and interaction between faculty and students. Each class meets once a week, scheduled for working professionals. Financial aid, military, and veteran benefits; and corporate and government tuition deferment, assistance and reimbursement options are available. For more visit: https://udayton.edu/law/. Contact Details National Contract Management Association Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org

February 01, 2024 05:00 AM Eastern Standard Time

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