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

Global Markets News

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

November 04, 2024 10:40 AM Eastern Standard Time

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

PathAI

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

November 04, 2024 10:00 AM Eastern Standard Time

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ENEOS brings Dazzling array of Booth Cars and New Products to SEMA 2024

ENEOS USA

ENEOS – Japan’s largest oil company and supplier of motor oil and transmission fluids to the majority of Asian vehicle manufacturers – will be located in booth #24133 in Central Hall at the annual SEMA Show in Las Vegas this week. The company supplies lubricating oil to Japanese and Asian manufacturers for factory fill around the world. It also provides the aftermarket with premium vehicle lubricants and is introducing a new line of EV/Hybrid fluids to assist with long term vehicle maintenance. The ENEOS booth will highlight its activities in the performance aftermarket, high-performance motorsports, and showcase its most advanced products. ENEOS display vehicles will be located throughout the show to capture the essence of ENEOS and its commitment to performance. ENEOS booth #24133 will feature a pair of high-profile vehicles, including a widebody 1971 Datsun 240Z and 1972 Toyota Celica. Both feature significant engine upgrades in addition to bodywork and chassis modifications that will appeal to performance enthusiasts. Additionally, ENEOS invited two vehicles from its annual Show Car Contest. A 1960 Renault Dauphine with a mid-engined VW VR6 engine conversion and 1100hp Mk4 Toyota Supra will both be displayed in Silver Lot V024 and V025. Details and photographs of all four vehicles are available below and in the News section on the ENEOS website here: eneos.us 1971 DATSUN 240Z The ENEOS booth #24133 will feature John Lau's “Devil Z” Datsun 240Z (S30), which was inspired by the anime manga series Wangan Midnight. The project is a collaboration between Lau and designer Jon Sibal – a SEMA veteran who designed the Datsun’s muscular widebody styling, also incorporating a Skillard custom front splitter and rear diffuser. The wider fenders allowed significantly bigger 17x11.5” front, 18x13” rear Work Meister M1 wheels with Toyo Proxes R888R tires. And with all that grip, the owner wanted to ensure the ENEOS-lubricated engine was up to the challenge, so he installed a Datsun 280ZX L28 bored to L30 with forged 87mm flat-top pistons, forged H-beam connecting rods, and a ported and polished P90 head. A Garrett G35-900 turbo was mounted on a Protuner ZTurbo manifold and downpipe, which forces air into a fabricated intake plenum with 47mm velocity stacks. Everything is controlled by a Haltech 2500 ECU programmed for E85 and providing traction control. Power is transmitted through a Nissan G37 six-speed transmission to a Ford Super 8 diff. Apex Engineered takes care of the major suspension components while Turbohoses crafted 340mm carbon-ceramic rotors to ensure the 240Z could stop efficiently. The car features a number of special emblems and easter eggs for visitors to find. These include billet pitchfork emblems on the exterior, a billet "Devil Z" oil cap under the hood, and personalized "Devil Z" Speedhut gauges inside. The car was assembled and painted by Supreme Auto Body, finished in Porsche PTS San Marino Blue Metallic. You’ll find the full spec on John’s “Devil Z” here: eneos.us 1972 TOYOTA CELICA Displayed alongside the 240Z in ENEOS booth #24133 is the first-generation Toyota Celica belonging to veteran racer, Formula DRIFT team manager and engineer, Stephan Papadakis. The barn find-turned-showpiece is Steph’s personal project, which has been chronicled on his popular social media channels, gaining hundreds of thousands of views. The 1972 Celica had been sitting for more than 20 years before Steph discovered it and began his off-season passion project to keep himself busy in between Formula DRIFT competition. The restoration included a bare metal bodywork overhaul, while the rare 18R-G four-cylinder, eight-valve, twin-cam engine was fully rebuilt and bored to 2.2 liters. Lubricated by ENEOS motor oil, it was converted to dual 44 Mikuni PHH side-draft carburetors and runs a Link ECU thanks to a full motorsport-spec wiring harness to enhance reliability. The engine produced 170hp close to its 8000rpm maximum, necessitating four-piston Wilwood big brakes front and rear. Steph significantly upgraded the suspension using JRZ dampers, Techno Toy Tuning front spindles and tension control rods, Annex Suspension caster and camber plates, four-link rear suspension and panhard bar. Steph was able to increase wheel and tire widths thanks to TRD-style fender flares, which were produced by Toy Garage along with a lip spoiler and rear wing to enhance the Celica’s road presence. The new fenders accommodate custom 15” three-piece wheels inspired by Tom’s heritage design. For anybody unfamiliar with Stephan Papadakis, he established an unbeatable reputation in Import Drag Racing, building the first front-wheel-drive, tube-chassis drag car. He then set records with the world’s fastest FWD and RWD Hondas, the first import driver to break 6sec, and the first to exceed 180mph. Steph was the 1999 SEMA Import Racer of the Year, 2000 NIRA Pro Comp Champion, 2001 NIRA Pro FWD Champion and IDRC Outlaw Class Champion. Joining Formula DRIFT in 2004, Papadakis Racing has won the PRO Championship in 2007 and 2008 with Tanner Foust driving, as well as 2015, 2021 and 2022 with Fredric Aasbo at the wheel of the 1200hp Toyota GR Supra. During the interim years, Papadakis cars have placed in the top three on numerous occasions, and Steph himself has been voted Formula Drift Team Manager of the Year several times. The Papadakis Racing Rockstar Energy / Toyota Racing GR Supra has been a regular podium contender using ENEOS motor and gear oils. Steph also uses ENEOS lubricants in all his personal projects, including the 1972 Toyota Celica. You’ll find the full spec on Steph’s Celica here: eneos.us 1960 RENAULT DAUPHINE As the winner of the 2024 ENEOS x Pit+Paddock Show Car Contest, 20-year Navy veteran Justin Cashmore was invited to display his car outdoors at SEMA. Having retired in 2019, he found time to “build stuff I like in the best way I can.” Stationed in Japan, Italy, Florida, and California, he found inspiration in automotive trends around the world, which he’s been able to translate into various builds, including his extraordinary Renault. Justin “pulled the car out of the desert” in 2017 and it became a Hot Wheels Legends Tour Finalist in 2019. It’s since been featured by Stanceworks, Autopia LA, Hoonigan and Avants before being chosen as our winner of the ENEOS x Pit+Paddock Show Car Contest. While the Renault wears its patina with pride, Justin’s Group 5 racing-inspired carbon fiber widebody, which extended the car 22” wider than stock, might distract you from its mid-engined layout. Sitting transversely behind the rear firewall is a 2.8L Volkswagen VR6 24v engine. Thanks to a United Motorsports tune, custom intake and exhaust, the VR6 develops 230hp. The power is transmitted by a VW 02M six-speed transmission with Peloquin limited-slip differential. The driver sits on the right side of the cockpit inside the custom chassis and is protected by a “bumper-to-bumper” rollcage. The chassis allowed Justin to build a custom pushrod/bellcrank suspension system, incorporating NASCAR take-off Schroeder sway bars. The custom fenders accommodate 17” Felgen Factory wheels with extra-wide Toyo R888R rubber and a Wilwood big brake kit. You’ll find the full spec on Justin’s remarkable Dauphine here: eneos.us 1995 TOYOTA SUPRA As a runner-up in the 2024 ENEOS x Pit+Paddock Show Car Contest, Leo Barrit was invited to display his Mk4 Supra JZA80 outdoors at SEMA. Based in San Diego, Leo has owned the car for the last 12 years and used his time productively to build it to an incredible specification. The highlights included a fully rebuilt 2JZ-GTE VVTi engine, which was stroked to 3.3L with a Brian Crower billet crank, 272 cams, gears, and a Ferrea valvetrain, featuring custom Hypertune cam covers, intake manifold, and fuel rail. Fitted with a custom twin-turbo setup, it uses BorgWarner EFR 7163 turbos, Turbosmart internal wastegates and blow-off valves, plus a custom manifold and hand-welded titanium piping. In this state, the engine develops more than 1100hp. The Supra features a unique Varis widebody kit that blends Ridox fenders with Solid and Joker aero pieces. It’s complemented by a Varis carbon fiber hood, canards and GT wing. Advan RZ-DF2 wheels were wrapped in Toyo Proxes R888R tires, while Brembo GT-S six-piston monobloc front calipers and four-piston rears were hard anodized black and provide optimal braking. The Supra has KW V3 coilovers with Stanceparts air cups to provide driveway clearance. The interior features period-correct Recaro Tomcat seats in yellow Kevlar fabric with matching rears. There’s also a matching steering wheel and Alcantara headliner, both with hand-stitched yellow accents. The sound system utilizes an Alpine ILX-507 head unit and Focal Flax EVO speakers plus a 10" JL subwoofer in a custom enclosure powered by a Focal amp. You’ll find the full spec on Leo’s mouthwatering Supra here: eneos.us TEAM ENEOS FORMULA DRIFT AUTOGRAPH SESSION WEDNESDAY NOVEMBER 6, 2PM ENEOS BOOTH #24133 IN CENTRAL HALL All 2024 SEMA Show attendees are invited to join Team ENEOS for an autograph session featuring its Formula DRIFT driver line-up including: ● Fredric Aasbo – three-time Formula DRIFT PRO Champion ● Dai Yoshihara – ENEOS ambassador and 2011 FD PRO Champion ● Odi Bakchis – Team Feal owner and 2024 FD PRO runner-up ● Simen Olsen – 2024 Team Feal FD PRO driver ● Faruk Kugay – FD PROSPEC driver and ENEOS ambassador ● Stephan Papadakis – owner and team manager of Papadakis Racing ● Hana Burton – ENEOS ambassador and driver ENEOS NEW PRODUCTS As a global R&D partner and technology innovator for many of the world’s automotive manufacturers, ENEOS constantly strives to provide applications for emerging transportation developments in line with global lubricant market trends. Making its debut at SEMA 2024 are four products in the ENEOS EV/Hybrid Line. The first is e-Axle Fluid, which was developed specifically for e-axles on electrified vehicles. This breakthrough formulation uses state-of-the-art ENEOS base oil technology to provide superior thermal and oxidation breakdown resistance compared to traditional ATF or Gear Oil. The low viscosity e-axle Fluid flows better at low temperatures than conventional oils, further improving energy efficiency. Additionally, ENEOS will introduce its new 50/50 Antifreeze/Coolant, which is a high-performance, extended life antifreeze with high heat transfer capability specifically designed for the cooling systems of EV, Hybrid, and Plug-in-Hybrid (PHEV) vehicles, as well as all types of diesels, gasoline and NG/LPG Internal Combustion Engines. The ENEOS Super Extended Life coolant offers its latest Hybrid Organic Acid Technology (HOAT) formulation. Designed for complete protection for all cooling systems and designed to cool electronic components with non-depleting corrosion inhibitors and maintenance-free protection. There are three formulations available, differentiated by Pink, Blue and Green coloring, with specific applications for vehicles from the major electric vehicle OEMs and a wider range of hybrid vehicles. More information on the ENEOS EV/Hybrid Line is available at eneos.us EDITOR’S NOTE Images of the ENEOS booth vehicles are available here: dropbox.com/scl/fo/j3hylpzkvz2bg0immz9b9/ACIADzQx0ctt0JdlBe9puUU?rlkey=5jr89zd9pvz2o05xy3wu5362f&dl=0 You’ll find this release, complete with full tech spec on all four cars at eneos.us ABOUT ENEOS MOTOR OIL Established in 1888 and headquartered in Tokyo, ENEOS is Japan’s largest oil company, with manufacturing and sales facilities throughout the world. With a unique position in its home market, ENEOS has worked with Asia’s automakers and leading race teams for decades, creating advanced lubricants with their vehicle engineers to provide optimum fuel economy with maximum power and long-term protection. ENEOS also recently announced availability of a new 0W-8 motor oil for future vehicle applications including the latest hybrid technology. For more information, please visit eneos.us Contact Details Greg Emmerson greg@theidagency.com Company Website https://www.eneos.us

November 04, 2024 06:07 AM Pacific Standard Time

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HELLA Celebrates 125th Anniversary at SEMA 2024

Hella

Legendary German lighting specialist HELLA is racing into Central Hall at SEMA 2024 to celebrate 125 years at the forefront of performance and off-road lighting technology. It will be joined by Jimco Racing – itself celebrating 50 years in the dirt – to debut its newly developed 1-2/1600 Class Buggy fitted with the latest and greatest HELLA products in SEMA booth #23335 in Central Hall. As an additional treat, HELLA and Jimco will display a Spec Trophy Truck. Parked outside Central Hall, the off-road beast will also showcase the latest HELLA products. And parked alongside the Trophy Truck will be the Rotek Racing Porsche 718 Cayman GT4 RS Clubsport, which claimed multiple 2024 SRO Pirelli GT4 championships with HELLA illuminating the way. HELLA CELEBRATES 125 Founded in 1899, HELLA is one of the oldest automotive accessories suppliers in the world. Known for its unrivalled German engineering and top quality lighting built to OE standards, the company has operated as a brand in North America for more than 40 years. While vehicle original equipment, off-road and performance lighting will always illuminate its path, HELLA has diversified its portfolio over the decades into categories such as brakes, sensors, engine management and more. The company continues to set the bar for safety, visibility, and performance, specifically in the off-road and performance markets where the HELLA brand is legendary. While HELLA has continued to reinforce its reputation as a trusted off-road partner, it has also increased activity at off-road and motorsports events to leverage its strong brand equity and introduce new technology. Located in SEMA booth #23335 in Central Hall, HELLA will be highlighting a number of cutting-edge products including HELLA Blade LED lights, Black Magic light bars, X-Treme LED cube lights, and the new HELLA Lift Kits. "HELLA has always been about more than just lighting; it's about telling a story,” said Rob Tinson, Vice President of Sales and Marketing for HELLA. “When you equip your vehicle with HELLA, you elevate your ride to a true expression of adventure, precision, quality and individuality. Our passion for continuing the brand’s legacy extends to our partnerships, which help showcase the HELLA story. We value both their professional input with our products and enjoy their successes. The team at Rotek Racing drove the HELLA-sponsored Porsche GT4 RS to Championship victories this season. Our connection to Robb Holand and the Rotek team not only displays prominent HELLA branding at races but solidifies our reputation as a premium supplier of several automotive parts for Porsche, including lighting. And the top off-road builders at Jimco Racing demand the best in terms of safety and performance, specifically their need for the best products available. The company’s legacy is unmatched and has developed loyalty around quality and performance like HELLA. These collaborations reflect our commitment to excellence, evolution, and innovation. A Legend is Reborn at HELLA.” Full information on the latest HELLA products is available at hella.com and myhellalights.com JIMCO 1600 CLASS BUGGY As one of the leading off-road experts, Jimco Racing celebrates 50 years as one of the sport’s premier builders with the launch of its all-new 1-2/1600 Desert Buggy. Intended to complement its existing range of racing vehicles while returning the company’s Limited Class roots, the innovative Jimco N-spec two-seat chassis was designed to offer racers a more affordable way to eat dirt. The custom chassis will be powered by a proven1600cc Volkswagen air-cooled powerplant from Jimenez Racing Engines and mated to a modified Volkswagen gearbox built by California Performance Transmission. Equipped with Fox Shox and ProAM hubs to mount the Method Wheels with BFGoodrich tires, the combination will help the driver maintain control in the toughest conditions. Among the most essential equipment for any desert racer is lighting, and HELLA has provided a suite of its latest technology including its Black Magic Tough Double Row Curved light bar, 6" HELLA Blade lights and HELLA X-treme 4.3" LED lights. With this cutting edge technology, the team is able to follow the trail on even the darkest nights. Debuting in the HELLA booth #23335 in Central Hall at SEMA 2024, the Jimco 1-2/1600 Class Buggy is one of the most affordable entries into the competitive and exciting world of off-road racing, created by the company named “Builder of the Year” by SCORE International a record 25 times. Jimco representatives will be available throughout the show to discuss vehicle specifics with show attendees. JIMCO SPEC TROPHY TRUCK Powered by a Chevrolet 525 RLB crate engine with RDE T400 transmission and Fortin underdrive, the truck rides on Fox Shox and bump stops with a Gearworks 10” third Member. Rolling stock again features 17” Method Wheels and 40” BFG Baja T/A tires for maximum traction. Illuminating its path are a host of HELLA lighting products, including the Black Magic Tough Double Row Curved light bar above the windshield aperture, plus a total of seven 6" HELLA Blade lights on the front bumper. For crew use, there are HELLA X-treme 4.3" LED lights mounted on the B-pillars, while a Black Magic Tough Single Row light bar has been fitted to the rear as a chase light. The HELLA / Jimco Racing Spec Trophy Truck can be found outside Central Hall in display spot V018. “It’s been great to work with HELLA with its incredible motorsports legacy,” said Rafael Navarro IV from Jimco Racing. “Not only does HELLA have an incredible history in off-road racing, but it’s also at the cutting edge of the sport with its newest innovation and technology. At Jimco, we’re stoked to work with brands that have the same thirst to stay ahead of the competition. As a partner, HELLA can help us maintain our position as a fortress brand in the off-road world where we’re engineering and building platforms that are out front, winning races,” he continued. “We’re especially excited to reveal our new 1600, which was in final assembly during the days leading up to SEMA. Now completed, we’re looking forward to seeing both vehicles decked out in the iconic HELLA livery and on display at the show!” ROTEK RACING PORSCHE 718 CAYMAN GT4 RS CLUBSPORT HELLA partnered with Rotek Racing in 2022 and this year the team swept the board in both the Pirelli GT America and GT4 America road racing championships. The team uses Porsche factory built and prepared Cayman GT4 RS Clubsport cars, which clearly gave them an advantage this year. In fact, Rotek won a total of four championships, taking the driver and team titles in both classes. Isaac Sherman drove in GT America and scored 13 wins plus three podiums, while Robb Holland and Jaden Lander secured four wins and two additional podiums to claim the GT4 honors. The championship-winning Rotek Racing Porsche 718 Cayman GT4 RS Clubsport can be found outside Central Hall in display spot V017. PHOTOGRAPHY Vehicle photography is available here: dropbox.com/scl/fo/ua3l62ddiogh6m5m4djtm/ACqTI0oas5d3HEgoYKiyJO0?rlkey=vxlj8za1oz80jnoeipdjwsccr&st=umxxfr19&dl=0 ABOUT FORVIA HELLA FORVIA HELLA is a listed, internationally positioned automotive supplier. As a company of the FORVIA Group, FORVIA HELLA stands for high-performance lighting technology as well as vehicle electronics and covers a broad service and product portfolio for the spare parts and workshop business as well as for manufacturers of special vehicles with its Lifecycle Solutions business group. With currently around 37,500 employees at over 125 locations, the Company is active worldwide and achieved adjusted sales of €8.1 billion in the fiscal year 2023 on a preliminary basis.. hella.com ABOUT FORVIA FORVIA combines the technological and industrial strengths of Faurecia and HELLA, which complement each other perfectly. With over 300 industrial sites and 76 R&D centers, 157,000 employees, including more than 15,000 R&D engineers, in over 40 countries, FORVIA offers a unique and comprehensive approach to the automotive challenges of today and tomorrow. FORVIA consists of six business groups with 24 product lines and a strong portfolio with over 14,000 patents. FORVIA endeavors to become the preferred innovation and integration partner for OEMs worldwide. FORVIA has set itself the goal of recognizing the changes in mobility at an early stage and putting them into practice. forvia.com Contact Details Forvia Hella Pablo Segura Sanchez pablo.sanchezsegura@forvia.com Forvia Hella Daniel Morfeld +49 2941 387566 daniel.morfeld@forvia.com Company Website http://www.hella.com/

November 04, 2024 06:05 AM Pacific Standard Time

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Better Trucks Adds 4.6 Million Households with New England Delivery Expansion

Better Trucks

Better Trucks, a technology-driven logistics firm focused on rapid parcel delivery, now delivers to millions of households in Boston and greater New England. Shippers are already utilizing this additional service area that is made possible through Better Trucks’ partnership with Optima Overnight. Better Trucks’ delivery area now reaches 139 million people and over 40% of U.S. households from coast to coast. “Our current clients as well as prospects have asked for service in New England, and our open technology platform made it easy to expand our partner network in time for peak season,” said Josh Fredman, Better Trucks Senior Vice President of Commercial and Growth. “Optima is a tech-forward carrier that shares our commitment to deliver on-time with full transparency to shippers and make their customers happy.” The partnership adds more than 1,000 new zip codes to Better Trucks’ footprint in Massachusetts, Connecticut, New Hampshire, and Rhode Island. “Boston is a key market where we now add more choices for shippers. Our current clients have expressed great interest in diversifying their carriers there,” added Fredman. “Our partnership with Better Trucks adds volume to densify our operations, and opens a path for our clients to expand to Better Trucks vast coverage across the country,” said Len Braudis, Optima Overnight, President. “The smooth tech integration allowed us to operationalize this partnership in record time.” The bilateral partnership allows Better Trucks’ clients to ship to New England with a seamless experience, utilizing a Better Trucks label with last-mile delivery fulfilled by Optima. Similarly, Optima clients have the same option with fulfillment by Better Trucks in its footprint. About Better Trucks Better Trucks is a technology-driven, last-mile delivery carrier built for digital commerce. Founded in 2019, it delivers a better experience for retailers, e-commerce firms, and fulfillment centers to ship parcels faster with better communication and better value. Specializing in next-day and two-day deliveries, Better Trucks sorts and labels packages within its strategically-placed warehouses and delivers them through its extensive driver network. Visit bettertrucks.com for more information. About Optima Overnight Optima specializes in serving direct-to-consumer, e-commerce businesses, along with medical and traditional courier clients by focusing on efficient last-mile delivery solutions. Through its robust logistical network, Optima provides scheduled route services for industries such as libraries and banks; and offers last-mile distribution for major brands. By leveraging advanced technology, Optima helps mid-sized to large shippers optimize their operations, improving transit times, reducing costs, and enhancing shipment visibility. Clients working with Optima benefit from accurate delivery information, real-time tracking, and transparent communication. Optima’s technology, powered by Beans.ai, ensures operational efficiency and reliable service. For businesses looking for cost-effective alternatives to traditional providers like UPS and FedEx, Optima offers a scalable solution that drives efficiency without compromising service quality. Contact Details For Better Trucks John Hall +1 303-223-6965 john@hallwaycommunications.com Company Website https://www.bettertrucks.com/

November 04, 2024 08:01 AM Central Standard Time

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Lowering Of Rates Spurs Investment In Bitcoin And Other Digital Assets

Benzinga

By Johnny Rice, Benzinga Dean Skurka, CEO & President of WonderFi Technologies Inc (TSX: WNDR) (OTC: WONDF) (WKN: A3C166), was recently a guest on Benzinga’s All-Access. WonderFi operates digital asset platforms trusted by over 1.6 million Canadians. WonderFi's Bitbuy, Coinsquare and CoinSmart cryptocurrency trading platforms provide Canadians with access to regulated cryptocurrency trading and staking. SmartPay provides cryptocurrency payment processing on a global scale. The company recently instituted a program of holding Bitcoin and Ethereum on its balance sheet and launched new versions of its apps. Watch the full interview here: Featured photo by fabio on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 04, 2024 08:45 AM Eastern Standard Time

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These ETFs Track Trades Made By Congress So You Can Invest Like Those In Office

Benzinga

By Johnny Rice, Benzinga Mike Venuto, co-founder and CIO of Tidal Financial Group, w as recently interviewed by Benzinga about Subversive ETFs and its Unusual Whales Democratic ETF (BATS: NANC) and Unusual Whales Republican ETF (BATS: KRUZ). Given their knowledge of active geopolitics and ability to make policy, congressional members may be able to make smarter trades than members of the public. For investors who wish to use this information to their advantage, these ETFs make the same investments as their respective members of Congress using data obtained from the STOCK Act, which requires the disclosure of trades by Congress. Learn more here: Featured photo courtesy of Subversive ETFs. 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 advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 04, 2024 08:35 AM Eastern Standard Time

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

Benzinga

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

November 04, 2024 08:30 AM Eastern Standard Time

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BridgeFT Wins 2024 Global Tech Award in the WealthTech Category

BridgeFT

BridgeFT, a cloud-native, API-first wealth infrastructure software company that enables financial institutions, fintech innovators, and registered investment advisors to deliver better, data-driven outcomes for their clients, announced today that it has been named a winner of the 2024 Global Tech Awards in the WealthTech category. BridgeFT’s distinction as the only winner in the WealthTech category is a testament to its commitment to accelerating, simplifying and reducing the cost of wealth management application development and maintenance, which empowers clients to focus on their differentiators. The Global Tech Awards recognizes outstanding achievements of tech organizations and professionals who are making an impact worldwide by creating and delivering innovative technologies that drive progress and shape the future of technology. The 2024 award program highlights 200 winners, including organizations and individuals, across 106 categories, evaluating entries based on four criteria: design, impact, creativity, and ease of use. “We are honored to receive the 2024 Global Tech Award alongside companies and individuals pushing the boundaries of innovation across numerous industries,” said BridgeFT Chief Executive Officer Joe Stensland. “At BridgeFT, we remain committed to being a true technology enabler for our clients, making it easier for them to gain access to critical total wealth data⸺whether from custodians, back offices, alternatives or held-away assets⸺to further enable differentiation and accelerate growth. This award serves as further validation that our modern, API-first WealthTech-as-a-Service platform is having an impact on the wealth management industry.” BridgeFT offers the industry’s first true, API-only WealthTech-as-a-Service platform, a purpose-built, WealthTech-specific data infrastructure and application development solution that enables wealth management firms to build apps faster and better. With BridgeFT’s WealthTech API platform, financial services firms and technology companies can build next-generation apps with direct access to the highest-quality total wealth data, advanced analytics and application building blocks needed to differentiate and scale. WealthTech API users experience a 50-75% quicker time to market and cost reduction when compared to internal builds or other outsourced data integration options. Over the last year, BridgeFT has earned numerous awards and accolades, including a Wealthies Award in 2023 from WealthManagement.com in the category of Industry Disruptors, multiple awards from the WealthTech Americas Awards, and Data Warehouse Solution Provider of the Year in the Data Breakthrough Awards. BridgeFT has further received nominations from prestigious outlets such as ThinkAdvisor Luminaries, InvestmentNews and U.S. FinTechAwards, among others. About BridgeFT BridgeFT is a cloud-native, API-first Wealth Infrastructure software company that enables financial institutions, FinTech innovators, TAMPs, and registered investment advisors to deliver better, data-driven outcomes for their clients. Leading financial services firms and technology companies trust BridgeFT to power their digital wealth management ecosystems and automate critical back-office operations—seamlessly aligning essential wealth data, proactive client insights and reporting, and portfolio management automation to deliver a truly personalized client experience. From an integrated advisor solution to the industry’s only WealthTech-as-a-Service platform offering open APIs, BridgeFT delivers the infrastructure needed to power next generation wealth management applications. For more information, visit bridgeft.com. Contact Details For BridgeFT Peter Page ppage@vocatusllc.com Company Website https://www.bridgeft.com/

November 04, 2024 08:15 AM Eastern Standard Time

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