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Laser Photonics Is Trailblazing With Advanced Lasers That Include Cutting-Edge Tech

Benzinga

By Meg Flippin, Benzinga Laser Photonics Corp. (NASDAQ: LASE) has emerged as a leader in laser cleaning and cutting technology, but that’s not the only area it’s trailblazing in. From next-generation laser systems to anti-drone solutions, LPC has many innovations in the pipeline. It shouldn’t come as a surprise. Laser Photonics, which traces its roots back to 1981, has long been recognized as a leading manufacturer of industrial-grade laser solutions for marking, engraving, cleaning and cutting. Leveraging its extensive experience in delivering cutting-edge laser-powered systems to industry leaders across diverse markets and its world-class R&D team, the company owns a number of licenses and patents for innovative and advanced laser products and technologies. The result: a new generation of vanguard laser blasting technologies and equipment that are automated, precise, non-abrasive, eco-friendly and emit no hazardous particles that can harm the operator. Laser Photonics says its technology also addresses the health, safety, environmental and regulatory issues associated with the old methods, which is why it counts Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, industrial, maritime, space exploration and shipbuilding industries as customers. With a multi-billion-dollar market opportunity in laser cutting and cleaning alone, it would be easy for Laser Photonics to sit back and enjoy the ride, but that’s not in its DNA. Innovators at heart, LPC is taking its technology and industry prowess to new levels. Protecting The Skies Take the Laser Shield Anti-Drone System (LSAD), which LPC is testing with parent company, Fonon Corporation. Fonon is a multi-market holding company, R&D center, equipment designer and manufacturer of advanced laser material processing systems for subtractive and additive manufacturing. The two successfully tested a laser prototype that can destroy small-scale unmanned aerial systems (UAS) in conflict zones and expeditionary locations. The prototype was tested at LPC’s new state-of-the-art facility, which features an internal laser range. This enabled Laser Photonics and Fonon to evaluate the proof of concept under controlled conditions. The range served to test the lasers’ capabilities in terms of precision and effectiveness when it came to targeting and destroying distant objects. LPC said the facility will play a crucial role in developing LSAD. “Defense professionals worldwide are focused on anti-drone technology due to its increasing prevalence, which presents an opportunity for LPC and Fonon to collaborate on this project,” said Wayne Tupuola, CEO of Laser Photonics. “We believe that Fonon’s LSAD has the potential to become a must-have technology for modern defense infrastructures.” Mobile And On The Go Then there’s the company’s next-generation upgraded CleanTech laser cleaning systems, which it launched in May. Aimed at on-the-go applications, the new lasers include mobile connectivity for remote monitoring and control, a new compact form factor and a smart overheat protection feature for increased safety. The lasers can be used manually or through its new and improved Robotic Cell unit for automated cleaning. Laser Photonics said the CleanTech Next-Generation Laser Systems are the world’s most compact and portable Class I and Class IV systems in the market. Compact and portable lasers can be useful in many industries – including aviation, manufacturing and shipbuilding – to remove rust, grease, mold and other contaminants. “Modern challenges demand tech-savvy solutions,” says Tupuola. “We are thrilled to roll out our next generation of CleanTech systems. With our new technology improvements, we are ready to tap into diverse market segments and bring in new clients.” Building on its next-generation lasers for cleaning, the company also overhauled its lasers for cutting, rolling out the SaberTech laser-cutting systems. The line will include upgraded versions of the TiTAN Express and TiTAN FX high-power laser-cutting systems. These next-generation systems will feature Turbo Piercing technology, an invention that minimizes the heat-affected zone (HAZ) of the material being processed, thereby reducing material distortion caused by laser heat throughout the cutting operation. By providing fiber laser cutting, LPC gets access to untapped potential in the aerospace, automotive, maritime and defense industries. Taking It To The Next Level Turning the centuries-old multi-billion-dollar sand and abrasives blasting market on its head has always been the goal of Laser Photonics, but it is taking it to the next level with AI and IoT technology. Laser Photonics is adding both to its existing laser products for even more speed, precision and automation. Laser Photonics plans to provide on-site support and AI and IoT training, too, setting it apart from its rivals. The idea is to not only lead in laser cutting and cleaning but also expand through innovation. It's why the company has so many licenses and patents. Laser Photonics has been a leader in laser cutting and cleaning for decades and is taking that expertise to new heights and markets. Its anti-drone lasers and fiber laser-cutting systems are just the start, and many developments can be expected to continue to come from this innovator. Featured photo by Artem Bryzgalov on Unsplash. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 17, 2024 08:30 AM Eastern Daylight Time

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Briefly Bio launches with $1.2m funding to help scientists reproduce complex experiments

Briefly Bio

Science is in a reproducibility crisis. In preclinical research, it’s estimated that over 50% of efforts to reproduce experiments fail, costing the industry over $50bn each year. Solving this problem, techbio startup Briefly Bio has launched with software that makes lab work more reproducible by helping scientists capture and share their work clearly and consistently. With this launch, Briefly Bio has secured a $1.2m pre-seed funding round. It was led by Compound VC, with participation from NP Hard, Tiny VC and angel investors across tech and biotech. Biological experiments have become increasingly complex. With this growing complexity, details that are critical to our shared understanding are often undocumented and lost. This makes scientific collaboration inefficient: lab scientists struggle to reproduce and build on top of each other's experiments; data scientists do not have the necessary context to analyse the data produced in their labs; and automation teams lack all details to build robotic labs. Briefly Bio is tackling this, creating a shared language for experiments that is consistent across scientists, and clear for any collaborator to understand. Their software uses AI to convert existing experiment descriptions into this consistent format, while automatically filling in gaps and spotting errors. This helps capture the value of every experiment that is run, and enables scientists to learn from each other’s work. Briefly was founded by Dr Katya Putintseva, Harry Rickerby and Staffan Piledahl. They have varied backgrounds, through academia, tech, biotech and robotics. Before founding the company, the three worked together at drug discovery startup LabGenius, where they helped build its ML-driven antibody discovery platform. Harry Rickerby, CEO and co-founder at Briefly Bio, commented: “Scientific methods are a bit like software code, they are a set of instructions that define how an experiment should be run. The majority of this ‘code’ is incomplete, since writing up each experiment completely takes a huge amount of effort. Now, with LLMs, there’s a way to make these methods consistent without imposing on a scientists’ workflow. As Github helped software engineers collaborate and build on each other’s code, we think Briefly can help scientists and engineers do the same with their experiments.” With AI and high throughput experimentation, there is an opportunity for huge improvements in the efficiency of scientific discovery. Hundreds of billions of dollars are being invested through startups and big pharma to take advantage. To realise this potential, science needs more consistency and transparency in how these datasets are generated, since the value of any model is a product of the data it has been trained on. Briefly Bio is building this necessary layer of infrastructure to accelerate scientific discovery in biology. “This is a revolution in documenting lab experiments. It is the future of foolproof knowledge-sharing between scientists” said Dr Gena Nikitin, Founder of Miphic. While Dr Maria Anastasina, Wet Lab Head at the Evolutionary and Synthetic Biology Unit, OIST, added: “Briefly has become a core part of our lab's knowledge base and a great help to me in training researchers and lab management”. And Suparna Kumar, PhD student at Weill Cornell commented: “Briefly Bio has become an indispensable part of my lab routine because it helps me save so much time”. Rob Harkness, CTO of Biosero, added: “We're very excited by what Breifly.Bio can offer with their software tools. Inconsistent and incomplete data can compromise research, making it difficult to reproduce experiments and undermining trust in scientific results. Digitalising and automating laboratory operations can address this, but this effort faces challenges of inefficiency and high error rates, primarily due to the diverse formats in which workflows are presented. Briefly.bio addresses this by converting scientific protocols written in natural language into a common and consistent structured format. This facilitates much faster design and implementation of automated systems, ensuring all critical information is captured and utilized effectively. The result is a significant boost in workflow integration, efficiency, and data quality, all of which are crucial for generating reliable experimental results. This leads to more comprehensive and innovative solutions in lab automation that can only help accelerate scientific research.” Shelby Newsad, Investor at Compound, commented: “The crux of successful science lies in consistent and executable methods. Whereas most bio software companies focus on data and its analysis, Briefly goes upstream to the core problem space of reproducibility via protocols. For the first time in science history, this incentivizes scientists to share more of their previously tacit knowledge. The fact that Briefly-made methods can be built and collaborated upon creates unique potential for network effects from their software.” Briefly Bio is creating a future where scientists can stop reinventing the wheel – spending time and resources on experiments that they can’t reproduce. This will enable scientists to produce datasets that will quickly expand our understanding of biology. About Briefly Bio Briefly Bio is the tool to make lab work reproducible. It helps scientists capture, share their experiments clearly and consistently. Briefly is based in London, UK. For more information, visit https://briefly.bio. About Compound VC Compound is a research-centric, thesis-driven investment firm. We are a team of investors, researchers, and operators. We use our domain expertise, network, and prior experiences to help our founders solve previously unsolvable technical problems, communicate these breakthroughs to the world, and scale commercialization. Contact Details Briefly Bio Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://briefly.bio/

July 17, 2024 08:00 AM Eastern Daylight Time

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HTX Unveils June Performance Report: Achievements Across Diverse Sectors, Highlighting a Forward-Thinking Approach

HTX

Recently, HTX released their June performance report, sharing their key achievements and milestones with users. June was a month of breakthroughs and harvests. The report updates both new and existing users on HTX's significant progress across various fronts, including operational data, ranking by external institutions, new asset listings, updates from HTX Ventures (the platform's investment arm), new product features, major platform events, user feedback collection, as well as security developments and market-related activities. Through this disclosure, HTX expressed gratitude to its users for their continued support and trust. HTX Rated AA, Ranks Fourth Among Top 10 Exchanges by Liquidity Furthermore, HTX's trading volume and scale continue to increase. Based on CoinGecko data for the last 30 days, HTX consistently ranks among the top 3 exchanges in terms of trading volume and scale. As of July 1st, the number of Bitcoins on the HTX platform reached 30,112 — an increase of 4,454 from the previous month, representing a growth rate of 17.36%. This growth underscores HTX's development momentum and boosts user confidence in its future. In June, HTX continued to bolster their position in blockchain investments by listing a variety of new assets. During the month, HTX introduced 13 new projects, with some noteworthy performers. The token MOTHER surged by an impressive 120%, while ATH skyrocketed by 100%. IO and ZRO also posted significant gains of 95% and 76%, respectively. Additionally, HTX also listed some popular cryptos like ZK, ZRO, and BLAST simultaneously, expanding trading options for the platform users. HTX Continues to Invest in Innovative Projects Externally and Optimize Product Features Internally In June, HTX Ventures announced investments in projects such as Avail and Nexgami. Additionally, they published three significant research reports: " Exploring Investment Opportunities Where AI Meets Crypto ", " BTCFi and CoreX: Pioneering the Future of Bitcoin DeFi ", and "What's Next for the Crypto Field Amid Increasing Venture Capital". HTX has made significant optimizations in product features. Recently, HTX launched an iceberg order feature supporting both spot and marginfutures trading. This feature automatically splits large orders into several smaller orders on the order book, reducing slippage and overall trading costs. The iceberg order conceals the majority of the order from the market, effectively protecting the user's trading strategy. This makes it easier for traders to execute large orders. In addition, HTX has also made a new upgrade to its copy trading product, launching Copy Trading Version 3.0. This new version introduces several new features, including a proportional copy-trading mode that allows setting a multiplier for precise trade following, as well as a slippage protection mechanism to ensure the safety and stability of every trade. HTX Hosts Many Exciting Events with Generous Rewards in June HTX was bustling in June with many exciting events. HTX launched its first Web3 Quiz, attracting tens of thousands of participants and awarding 2,000 pizza vouchers and over 4,000 USDT in prizes. The inaugural "Earn with Pending Orders" event saw an individual's highest cumulative reward of up to 1,271,487,424 $HTX within 24 hours of its launch. In June, HTX proactively engaged with users and HTX DAO committee memberstheir users and members, collecting hundreds of insightful suggestions. Many of these suggestions offered strategic ideas for HTX's ongoing development, such as refining the voting mechanism, cultivating a new ecosystem, continuing to empower $HTX, and introducing more popular assets for PrimePool, as well as high-quality projects for PrimeVote. HTX expresses sincere gratitude to all contributors and pledges to carefully review each suggestion. HTX is committed to fully integrating meaningful proposals into the platform's optimizations in July. HTX Prioritizes Security with Hassan Sanni Appointed Chief Safeguarding Officer and a 100% Reserve Ratio in June In June, Singaporean national goalkeeper Hassan Sunny officially became Chief Safeguarding Officer and spokesperson for HTX. HTX DAO's Asia tour was successfully carried out in multiple cities, engaging in offline collaborations with local top KOLs to discuss the future direction of HTX DAO's business operations. In June, HTX focused on the Vietnamese market, advancing its international expansion by participating in local industry conferences, co-hosting events with prominent media outlets, and establishing effective contacts and partnerships with more collaborators. HTX, as one of the world's leading exchanges, has always been committed to safeguarding user assets as its highest priority. HTX has been among the first exchanges to adopt "Merkle Tree Proof" to ensure transparency in their asset reserves and has made it routine to release audit reports. Now, HTX publishes itstheir security monthly reports every month and lets data tell the platform's concrete efforts in security. According to HTX's official website, HTX has updated the Merkle Tree proof of reserves data as of June 30, 2024, at 16:00:00 (UTC). HTX consistently maintains a reserve ratio exceeding 100%. The latest Merkle tree-based proof of reserves data is as follows: 100% for USDT (HTX wallet balance: 610,174,986), 100% for BTC (HTX wallet balance: 25,735), 101% for ETH (HTX wallet balance: 92,631), 105% for $HTX (HTX wallet balance: 360,938,524,569,165), and 105% for TRX (HTX wallet balance: 9,754,300,787). The data for USDT and ETH already includes stUSDT and stETH. It's worth noting that on July 11, the HTX app was reinstated on Apple'sthe Apple Store. Looking ahead, HTX remains committed to collaborating with everyone to shape a promising future for cryptocurrencies. May July mark another step towards a brighter tomorrow for HTX! 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 EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 17, 2024 03:03 AM Eastern Daylight Time

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Zoomex Receives Comprehensive Security Audit from Hacken

Zoomex

Zoomex, an innovator in the cryptocurrency exchange market since its inception in 2021, has announced the successful completion of its latest security audit conducted by the renowned cybersecurity firm, Hacken. The evaluation underscores Zoomex’s unwavering commitment to ensuring the highest levels of security, transparency, and user experience in the fast-evolving digital asset trading industry. Overview of the Security Audit The security assessment, documented under the "Pentest and Security Analysis Report for Zoomex," was led by Faizan Nehal and approved by Stephen Ajayi from Hacken. This thorough evaluation entailed penetrating testing and security analysis to ascertain the robustness of Zoomex’s platform, covering both the web application and API endpoints. Zoomex, recognized for its cutting-edge blockchain technology, continues to reinforce its reputation as a secure and reliable platform offering transparent digital asset trading services to millions of users worldwide. Audit Summary The audit identified seven vulnerabilities, classified by severity into critical, high, medium, and low categories. Here’s a summary of the findings: 1. Commitment to Security and Transparency The audit report underscores Zoomex's significant strides in security enhancement. The identification and resolution of these vulnerabilities demonstrate Zoomex's dedication to safeguarding user assets and providing a resilient trading environment. 2. Vulnerability Details The report detailed the various vulnerabilities as follows: Unauthorized Fund Transfer (F-2024-4042) [Critical]: A vulnerability allowing unauthorized users to transfer funds. Status: Fixed. Improper KYC Verification (F-2024-4028) [High]: Weaknesses in the Know Your Customer (KYC) process could potentially allow users to create accounts using stolen identities. Status: Accepted. Access Control Issue (F-2024-4019) [Medium]: This issue pertained to the ability to apply for the Zoomex VIP Club on behalf of other users. Status: Fixed. Bypass Email Code Verification (F-2024-3998) [Medium]: A vulnerability enabling bypassing 2FA email code verification when activating Two-Factor Authentication (2FA). Status: Accepted. Bypass 2FA Verification (F-2024-4004) [Medium]: A similar vulnerability that affects 2FA verification but occurs when changing phone numbers. Status: Accepted. Vulnerable JavaScript Dependency (F-2024-4043) [Low]: This low-risk vulnerability involves identifiable weak points in the JavaScript dependencies. Status: Accepted. Bypass Nickname Length Verification (F-2024-4009) [Info]: This issue was a less critical vulnerability that allowed users to bypass the length verification for nicknames. Status: Fixed. 3. Response and Resolutions Zoomex proactively took steps to rectify several of the highlighted vulnerabilities, marking critical steps towards bolstering security. Three of the vulnerabilities were resolved, demonstrating a diligent response process: Access Control Issue，Unauthorized Fund Transfer and Bypass Nickname Length Verification were fixed immediately. Critical vulnerabilities such as improper KYC verification, as well as the medium-risk 2FA bypass issues, are currently under an accepted resolution plan, indicating ongoing efforts to enhance platform security. 4. Transparency and Accountability Zoomex's engagement with Hacken for this audit highlights their commitment to transparency and accountability. By making the audit results public, Zoomex ensures that users and stakeholders remain informed about the measures being taken to protect their assets and personal information. This level of openness is crucial in building and maintaining user trust in the competitive and rapidly evolving cryptocurrency exchange market. In a statement, Zoomex’s leadership emphasized, “Our collaboration with Hacken has been instrumental in identifying and addressing potential vulnerabilities in our platform. We are committed to continually improving our security measures to provide our users with the safest and most reliable trading experience possible.” Future Plans and Security Enhancements With the preliminary report now published, Zoomex is set to implement further enhancements as part of its ongoing security roadmap. The continued partnership with Hacken will ensure that new and emerging threats are promptly identified and addressed. Future updates and security audits will be scheduled periodically to ensure sustained compliance with the best security standards and practices. Zoomex has also outlined plans to incorporate additional layers of security measures, including: Enhanced Monitoring Systems: Implementation of advanced monitoring tools to detect and respond to suspicious activities in real-time. User Education and Awareness: Launching educational campaigns to inform users about best practices in securing their accounts and transactions. Advanced Authentication Mechanisms: Strengthening two-factor and multi-factor authentication systems to further mitigate risks associated with unauthorized access. Final Thoughts The latest security audit by Hacken is a significant milestone for Zoomex, reaffirming its resolute commitment to security and transparency. As the cryptocurrency exchange industry advances, maintaining rigorous security standards is not just an option but an imperative necessity. Zoomex's proactive approach in addressing vulnerabilities and reinforcing its security infrastructure. Users can remain confident that Zoomex is dedicated to providing a secure, reliable, and transparent trading platform. Moving forward, Zoomex will continue to prioritize user safety and platform integrity, ensuring that it remains at the forefront of secure digital asset trading. By regularly engaging with top-tier cybersecurity firms like Hacken and adhering to stringent security protocols, Zoomex is well-positioned to navigate the complexities of the digital asset landscape. For more detailed information, users and interested parties can access the full security audit report and future updates on the Zoomex and Hacken websites. Contact Information Hacken: [hacken.io](https://hacken.io) Zoomex Official: https://www.zoomex.com X (Twitter): https://twitter.com/ZoomexOfficial Telegram: https://t.me/zoomex_com LinkedIn: https://www.linkedin.com/company/zoomex-com Contact Person: Ashley Levin Business Mail: business@zoomex.com Contact Details Ashley Levin business@zoomex.com Company Website https://www.zoomex.com/en/UEFA

July 16, 2024 11:31 PM Eastern Daylight Time

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Standard Fleet and UP.FIT Partner to Modernize Government Electric Vehicle Fleet Management

Standard Fleet

Standard Fleet, an electric vehicle management technology developer, and UP.FIT, an Unplugged Performance company focused on the upfitting of Tesla electric vehicles for fleet use, today announced a collaborative initiative designed to enhance government electric vehicle (EV) fleet management. This effort brings together UP.FIT’s industry-leading expertise in customizing Teslas for specialty use with Standard Fleet's sophisticated fleet management software, aims to improve operational efficiency and support the environmental goals of government fleets including those managed by emergency responders and law enforcement. “Our collaboration with UP.FIT aims to equip police departments with the tools they need for a smoother, more cost-effective fleet management experience,” said David Hodge, Founder and CEO of Standard Fleet. “Integrating our software with UP.FIT’s customized Tesla vehicles means we can offer a system that improves operational efficiency while supporting environmental goals.” "Our mission at UP.FIT is to simplify the adoption of electric fleets for first responders and fleet operators globally,” said James Hedland, Fleet Director at UP.FIT. “Standard Fleet software gives operators complete control of the access, charging, maintenance, and dispatching of their up-fitted EVs. Together we’re providing police departments and other city and county fleet operators with an electric vehicle management system proven to enhance performance and operational efficiency." The partnership addresses a growing need for cost-effective and responsible deployment of EV fleets in public service by merging the expertise and capabilities of UP.FIT and Standard Fleet. This initiative is poised to redefine fleet management for government entities, enhancing both vehicle functionality and operational oversight. Key Benefits of the Partnership: Improved Operational Efficiency: Standard Fleet’s software streamlines the management of charging, maintenance, and daily operations of EVs, reducing both time and costs for fleet managers. Tailored Vehicle Customizations: UP.FIT modifies Tesla vehicles to meet the specific needs of police and public safety operations, enhancing their reliability and suitability for work in the communities they serve. Environmental Impact: The shift towards EVs helps reduce emissions and air pollution, and aligns with local, state, and federal environmental objectives. Sergeant Tony Abdalla from the South Pasadena Police Department, a client benefiting from this partnership, stated, “Adopting electric vehicles for police work presents a unique set of challenges along with opportunities to better serve our community with a cleaner, more reliable, and higher performance police fleet at lower costs over the long term. Standard Fleet technology gives us mobile access to all of our EVs to enhance our operations from dispatch, charging, maintenance, and analytics, to keyless access for officers coming on- and off-duty. Combining Standard Fleet software with the hardware and digital technology upgrades installed by UP.FIT puts our fleet at the forefront of sustainability and performance.” This initiative underscores the potential of technology to improve public sector operations and promotes the adoption of sustainable practices in fleet management. As police departments and other city and county fleet operators increasingly turn to electric vehicles, Standard Fleet and UP.FIT provides scalable, impactful, and effective solutions for the challenges of modern fleet operations. To learn more about this strategic collaboration, please visit here. Useful Links: Learn More: www.standardfleet.com About UP.FIT: https://up.fit/ Follow us: Blog | X | Instagram | LinkedIn Sales and Partnership Inquiries: Please email Standard Fleet at contact@standardfleet.com. About Standard Fleet: Founded in 2021 and based in San Francisco, Standard Fleet envisions a future where electric vehicle (EV) fleets are at the forefront of sustainable transportation, supporting a more environmentally friendly approach to urban mobility. The company’s software simplifies the management of electric vehicle fleets by enhancing operational efficiency and facilitating the transition to sustainable transportation. For more information, please visit www.standardfleet.com. About UP.FIT: Based in Hawthorne, CA, UP.FIT, an Unplugged Performance company, is the global leader in upfitting Teslas for fleet use. Launched in response to the growing need for advanced, sustainable fleet solutions, UP.FIT collaborates with industry leaders to engineer high-level components, turnkey vehicles, training, and innovative management tools. The UP.FIT mission is to provide first responders with the most innovative, safe and reliable equipment possible, all while driving to a cleaner tomorrow. Contact Details ANW Networks for Standard Fleet Alicia V. Nieva-Woodgate +1 720-808-0086 alicia@anwnetworks.com Company Website https://www.standardfleet.com/

July 16, 2024 11:30 AM Eastern Daylight Time

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Nextech3D.ai Welcomes Mady Wynsma as New Head of Global Sales

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg and new Head of Sales Mady Wynsma joined Steve Darling from Proactive to share the exciting news. Wynsma brings a wealth of experience to her new role, having worked with e-commerce giants like Walmart and Kohls. Gappelberg highlighted Wynsma's deep understanding of e-commerce and her extensive experience in building efficient, scalable, and profitable sales teams. He expressed confidence that her expertise will significantly contribute to Nextech3D.ai's growth during this pivotal time for both the company and the 3D/AI industry. Wynsma expressed her enthusiasm for joining Nextech3D.ai, emphasizing her excitement about the opportunities ahead in the rapidly evolving 3D/AI sector. She is eager to leverage her skills and experience to drive Nextech3D.ai's growth and success in this dynamic industry. Nextech3D.ai is looking forward to the innovative strategies and leadership Wynsma will bring to the team, positioning the company for continued advancement and expansion in the 3D and AI markets. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

July 16, 2024 11:15 AM Eastern Daylight Time

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Huma completes Series D with total financing of over $80m as it launches Huma Cloud Platform with GenAI integrations to bring digital first care and research to everyone

Huma

Building and launching a scalable digital health product that meets regulatory demands typically takes a few years to deliver. Today, global healthcare AI company Huma Therapeutics Limited is announcing the completion of its Series D funding round to help cut that time down to days as it launches the Huma Cloud Platform. The platform offers no-code configuration of regulated disease management tools for any therapeutic area, a library of pre-built modules and device connectivity capabilities, a cloud-agnostic framework for flexible hosting, readily available APIs and integration capabilities, the ability to host and deploy diagnostic and predictive AI algorithms, a marketplace, and more to advance digital-first care and research. The Series D funding round, alongside investments from leading industry partners since its Series C round, created a total issuance of shares by Huma of over $80m. With this round, Huma has now raised over $300m. The Series D saw the participation of new and existing strategic and financial investors, including AstraZeneca, Hat Technology Fund 4 by HAT SGR, HV Fund by Hitachi Ventures and Leaps by Bayer and others. HSBC Bank plc acted as advisor to Huma during the fundraise. Alongside its Series D, Huma is also announcing the launch of its Huma Cloud Platform – a technology ecosystem designed not only to support the company’s own digital health initiatives, but also to empower others to launch and scale their projects efficiently. With its Huma Cloud Platform and the regulatory foundation that it is built on, Huma aims to reduce the time it takes to develop and launch digital health projects at scale from years to as little as a few days. The Huma Cloud Platform is built to serve the company's existing regulated products. In 2023, Huma achieved the landmark milestone of becoming the first and only configurable, disease-agnostic FDA Class II, EU MDR Class IIb, India CDSCO Class C and Saudi FDA Class C platform, enabling rapid, code-free configuration with the ability to host AI/ML models. The regulatory status of the Huma Cloud Platform significantly reduces the cost, time, and risks associated with bringing digital health projects to life. Huma is now making this platform available to customers which comes with a Software Development Kit (SDK) to enable the accelerated development of similar applications or to embed functionalities into their existing solutions. Dr Juergen Eckhardt, EVP, Head of Leaps by Bayer and Pharmaceuticals Business, Development & Licensing commented: “We have known Huma for several years and we've been impressed by their remarkable progress. We have seen this first-hand. They have demonstrated strong growth and excellent metrics. With their next-generation AI capabilities and Huma Cloud platform, Huma can partner with pharma companies to deliver efficient digital health solutions to patients focused on predictive and proactive care.” “Pharmaceutical companies need financially and technically efficient digital solutions to minimise spending on efforts that are duplicative or can't scale. The Huma Cloud Platform enables companies to streamline how they bring digital medicine, companion apps, and data collection capabilities to patients from the R&D phase to post-launch.” To date, Huma’s technology has powered projects in over 3,000 hospitals and clinics. The platform has been used to engage and screen over 35 million individuals, with 1.8 million active users across its products in over 70 countries. Huma’s U.S. business has grown significantly since launch with new reimbursement codes. The RPM product, built on top of the Huma Cloud Platform for respiratory use cases, now covers 140,000 contracted lives. As a result of all these successes, the company has doubled its revenue year-on-year, and is targeting to become profitable this year. Huma also collaborates with over half of the top 20 pharmaceutical companies globally and has been involved in major national healthcare projects worldwide. Huma has partnered with Google and others to develop new AI models that could enable its Cloud Platform users to care for many times more patients with less work; for example a feature called “10x Nurse” that significantly reduces administrative tasks and brings automation to the patient review process with a human in the loop. This opens new possibilities, such as efficiently managing chronic diseases with fewer staff or using real-time monitoring systems to ensure patients are on the correct treatment pathways while keeping humans still in the loop. Looking ahead, combining the Huma Cloud Platform with next-generation AI models will enable Huma to have a bigger impact through its digital-first care and research initiatives, as well as supporting small startups and enterprises in launching the digital solutions they need. It promises to do this much faster and cheaper, shifting the focus to project or venture success rather than getting distracted with scaling technology or managing regulatory burdens. Dan Vahdat, Founder and CEO of Huma, said, “I am thankful for the support of our new and existing shareholders, helping our vision become a reality, which we are closer to than ever before. We are here to accelerate the adoption of digital and AI across care and research, and we do that by making the building of digital health solutions for care and research easy. We like to think of Huma Cloud Platform much like Shopify but for digital health instead of e-commerce. We believe when digital and AI are scaled, they become affordable for both the poor and the rich. This will help us transition medicine from being reactive to proactive.” About Huma Huma is a global healthcare AI company on a mission to accelerate the adoption of digital solutions in care and research. Its award-winning modular platforms are used by more than 3,000 hospitals and clinics, with over 35 million screened users and 4 million registered users in healthcare, and has powered over 800 studies supporting about 1 million participants across research. The company is renowned for its role in major national healthcare projects worldwide, from the US and the UK to Germany, Greece, and Saudi Arabia, as well as collaborating with most large pharma companies. Huma's technology powers: ● multi-channel patient engagement at population-wide scale for healthcare systems ● remote patient monitoring (RPM) at scale ● companion apps to support patients through treatment and drug therapies ● digital clinical trials, including decentralised trials, to accelerate medical research Huma's regulated Software as a Medical Device, used in its RPM and companion app platforms, is the only disease- and device- agnostic platform to hold EU MDR Class IIb, US FDA (510-k) Class II clearance and Class IIb registration with the UK MHRA. The SaMD platform is regulated to accept artificial intelligence algorithms and monitor patients of all ages. For more information please visit www.huma.com. Contact Details Huma Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.huma.com/

July 16, 2024 08:00 AM Eastern Daylight Time

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Benchmark International Successfully Facilitated the Transaction Between Computer Systems Integrators, Inc. and Acture Solutions

Benchmark International

Benchmark International has successfully facilitated a transaction between Fishkill, NY-based Computer Systems Integrators, Inc. (“CSI”) and Albany, NY-based Acture Solutions (“Acture”). CSI is a trusted hybrid information technology (IT) services partner primarily for K-12 schools, providing IT solutions, security, and support for schools’ IT networks. “CSI President Bob Knapp and his team built a great business in a reliable market niche with a strong customer set and high recurring revenues,” commented Benchmark Senior Transaction Director William Sullivan. “IT businesses like this are really a pleasure to bring to market because there is such a large, disaggregated buyer community, which drives a fairly clear path to partnership options for our clients. Ultimately, Acture Solutions proved to be the perfect fit among a very attractive field of highly motivated buyers. The Acture team was fantastic throughout the process, and we’re very pleased to have helped find CSI such a great partner.” Founded in 1991, Computer Systems Integrators is a hybrid provider of multiple IT products and services (including integration / value-adding reselling relationships with Nimble and VMWare) and a variety of security and maintenance services. The company is additionally an authorized partner of Cisco, Microsoft, and Barracuda. Acture Solutions provides clients with managed IT services, cybersecurity, cloud solutions, and IT projects, including networking, physical security, classroom collaboration, and Hardware as a Service (HaaS). The company serves multiple industries, including K-12 school districts, higher education, healthcare, legal, financial services, and small to medium-sized businesses. Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.com Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 16, 2024 06:00 AM Eastern Daylight Time

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HTX Marks 11th Anniversary with Launch of Battle of Glory for KOLs, Offering 200,000 USDT to Foster Cooperation and Mutual Success

HTX

On July 16, HTX announces a special event: HTX's 11th Anniversary Celebration—Battle of Glory for KOLs, featuring a prize pool of 200,000 USDT. The platform takes this initiative to celebrate HTX's 11th anniversary and give back to HTX Affiliates, partner KOLs, and users. Through this event, HTX aims not only to express heartfelt thanks to users who have long supported and contributed to the platform's growth, but also to foster its stable, sustainable operation and promote long-term development for the future. * Event details： https://www.htx.com.cm/en-us/support/24975351885393 According to HTX's official announcement, this event will last nearly two months and feature four major awards: Premier HTX Affiliate, Best Creator KOL, Most Influential Livestreamer KOL, and Most Popular KOL. Eligible HTX Affiliates and partner KOLs can register to participate in the event, with winners sharing from a substantial prize pool. Details are as follows: ● The Premier HTX Affiliate: Bring in New Futures Users and Split 5,000 USDT This Referral Competition requires HTX Affiliates to invite friends to sign up and trade futures on HTX from August 1 to August 31. Participants will be ranked based on their valid invitees (new futures users who trade any amount during the event period). The competition will select the top 30 participants as the Premier HTX Affiliates in referring new futures users. They will be eligible to share a prize pool of 5,000 USDT, with the champion winning 1,000 USDT. ● The Best Creator KOL: Post Graphic and Textual Content to Share 3,000 USDT The HTX Community Best Creator Competition will be held from August 1 to August 31. HTX Community KOLs are encouraged to create engaging graphic and textual content on any topic within the community. By doing so, they can compete for the title of HTX Community's Best Creator KOL and a share of the 3,000 USDT prize pool. HTX will rank creators based on their total number of followers, as well as the views, likes, comments, and shares on all their posts during August. The top 25 creators will be selected as the Best Creator KOL, with the champion winning 700 USDT. * Click the link to post in the HTX Community: https://www.htx.com.de/feed/ ● The Most Influential Livestreamer KOL: Participate in Livestreaming on HTX Live and Share 5,000 USDT From August 1 to August 31, HTX Live presents the Most Influential Livestreamer Competition. The platform will select the Most Influential Livestreamer KOL based on points accumulated by each livestreamer through the August incentive plan and the HTX 11th anniversary-themed livestreams. Livestreamers who host special sessions sharing their unique HTX experiences will earn additional points. Each livestreamer can host a maximum of 5 anniversary-related sessions per week. Any sessions exceeding this limit will be counted as 5 sessions. Based on the total points earned by each livestreamer during the event period, the top 46 will be selected as HTX Live's Most Influential Livestreamer KOLs, with the champion winning 400 USDT. ● The Most Popular KOL: Share in a 2,000 USDT Prize Pool upon Being Selected From 16:00 (UTC) on July 31 to 16:00 (UTC) on August 31, social media KOLs with at least 10,000 followers can register via the event page to participate in this award selection (HTX affiliates and KOLs participating in the above three competitions will automatically qualify). During the event, KOLs can encourage their followers to vote for them, with each user allowed one vote per day. Based on final vote counts, the 10 Most Popular KOLs will be selected to share a 2,000 USDT prize pool, with the champion pocketing up to 700 USDT. Please note that all the events mentioned above require registration through the announcement page. Registration is open from July 16 to July 31. Participants will receive a random airdrop worth up to 88 USDT in Futures Trial Bonuses upon successful registration. In addition, HTX will announce the winners of the four major awards on September 11 through a livestream on HTX Live. During the livestream, there will be numerous airdrops of red packets. Please stay tuned! Since its establishment, HTX has always upheld a user-first philosophy, prioritizing interaction with users and community development. HTX will continue to collaborate with users to optimize products and services, explore new business models, and advance its mission of building a Web3 finance hub in the Metaverse. 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 EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 16, 2024 04:59 AM Eastern Daylight Time

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