Lifestyle

Beverage: Coffee/Tea/Non-Alcoholic Beverage: Spirits/Beer/Wine Casino/Gaming Fashion Food/Cooking/Baking Health & Fitness Home Goods Hospitality Leisure Activities & Hobbies Parenting Pets Photography Seniors Travel & Tourism
News Release Digital Asset Direct

3 Reasons Milei Moneda Presale Token ($MEDA) Could Go For 100x Gains

RoundHouse Media

TLDR Milei Moneda ($MEDA) is embracing disruptive innovation and libertarian ideals. Experts believe Milei Moneda is the best crypto investment for investors looking for substantial gains. Investors looking for potentially significant gains in the cryptocurrency market should keep a close eye on Milei Moneda's ($MEDA) presale. With its strong community backing, growing market demand, and enticing incentives, Milei Moneda has the potential to soar by 100x, offering a lucrative investment opportunity. Are you curious to know the three reasons why you should get in? Read on to find out! Economize Like Milei: Invest in $MEDA! Milei Moneda: Revolutionizing the Game With Disruptive Innovation As Milei Moneda continues to gain momentum, it paves the way for a new era of crypto investments characterized by disruptive innovation and unwavering economic principles. With its unique blend of humor, politics, and blockchain technology infused with an Anarcho-capitalist spirit, Milei Moneda is challenging traditional norms and paving the way for a new era of digital finance. Moreover, Milei Moneda sets itself apart from other top altcoins with its unwavering commitment to pushing boundaries and breaking through barriers. By embracing a deflationary model, Milei Moneda ensures that investors are protected from the potential negative effects of large-scale sell-offs. This innovative approach instills confidence in investors and solidifies its position as one of the best altcoins available. Central to Milei Moneda's success is its alignment with the principles advocated by Javier Milei, the inspiration behind the token. Furthermore, Milei Moneda fearlessly champions libertarian ideals and is unapologetic about governance and economic policies. This ideological foundation has garnered a rapidly growing community of supporters who resonate with Milei's bold vision. Milei Moneda Presale: A Promising Path To 100x Returns The Milei Moneda presale has been generating significant interest, leading many experts to speculate on the potential for substantial gains. There are three compelling reasons why $MEDA could experience a remarkable increase in value, possibly reaching 100x its initial offering. Firstly, the overwhelming success of Milei Moneda's stage 1 presale clearly indicates the project's strong market demand. With over 64 million tokens already sold, it demonstrates the enthusiasm and confidence investors have in this promising venture. Such a strong start sets the stage for further growth and establishes Milei Moneda as a token with substantial potential. Secondly, the upcoming launch of $MEDA on Uniswap on 21 May 2024 at an altcoin price of $0.020 adds to its appeal. This launch is expected to provide investors with a guaranteed 60% ROI, making it the best crypto to buy for those seeking profitable ventures. Industry experts now believe once Milei Moneda starts trading on multiple exchanges, the potential for additional gains becomes even more significant. Finally, beyond the potential financial gains, Milei Moneda offers additional incentives that make it an appealing investment. The token allows holders to actively participate in community governance, contributing to the project's development and decision-making processes. Moreover, $MEDA holders enjoy monthly giveaways, substantial discounts, and access to the coolest NFTs. Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative! Contact Details Roundhouse Media marketing@rhmedia.io

April 25, 2024 07:00 AM Eastern Daylight Time

Image

American Outdoor Brands to Present at SHARE Series Event

American Outdoor Brands

COLUMBIA, Mo., April 23, 2024 – American Outdoor Brands, Inc. (NASDAQ Global Select: AOUT), an industry leading provider of products and accessories for rugged outdoor enthusiasts, today announced that the company’s President and CEO, Brian Murphy, will participate in the SHARE Series (virtual event) on Tuesday, April 30, 2024, at 2:00 p.m. ET. This event is set in a fireside chat format and intended to provide access to retail investors. The live stream of this presentation will be webcast live on the SHARE platform. Interested attendees can register and attend at www.share-series.open-exchange.net or via the American Outdoor Brands website at https://ir.aob.com/events. An archived replay will be available on the SHARE Series website and the American Outdoor Brands website for approximately 90 days following the event. About American Outdoor Brands, Inc. American Outdoor Brands, Inc. (NASDAQ Global Select: AOUT) is an industry leading provider of outdoor products and accessories, including hunting, fishing, camping, shooting, outdoor cooking, and personal security and defense products, for rugged outdoor enthusiasts. The Company produces innovative, top quality products under its brands BOG®; BUBBA®; Caldwell®; Crimson Trace®; Frankford Arsenal®; Grilla Grills®; Hooyman®; Imperial®; LaserLyte®; Lockdown®; MEAT!; Old Timer®; Schrade®; Tipton®; Uncle Henry®; ust®; and Wheeler®. For more information about all the brands and products from American Outdoor Brands, Inc., visit www.aob.com. Contact Details American Outdoor Brands Liz Sharp +1 573-303-4620 lsharp@aob.com Company Website https://www.aob.com/

April 24, 2024 05:11 PM Eastern Daylight Time

Unlocking the secrets of whisky investment with Fah Mai's Jacob Carter

Fah Mai Holdings Group Inc

Fah Mai Holdings Group Inc UK head and manager of @whiskybullauctions Jacob Carter discusses the benefits of whisky as a stable and tangible asset in a volatile stock market environment. In an interview with Proactive's Stephen Gunnion, Carter highlighted that whisky appreciates in value due to its age, scarcity, and availability, offering an independent performance from economic conditions. He differentiated between bottles and casks, noting bottles provide more flexibility while casks require longer investment periods without annual returns but with potential for substantial appreciation. Carter also addressed the role of whisky in hedging against inflation, especially through supply constraints in the bottle market. He described bottles as more adaptable and easier to sell, providing liquidity to investors. In contrast, casks represent a longer-term investment but are less correlated to volatile stock movements. He further explained Fah Mai Holdings' investment opportunities, including direct cask purchases, fractional cask investments through Platinum Cask, and Whisky Bull Auctions for trading bottles. Carter stressed the importance of transparency, honesty, and investor education in their operations, especially as the company prepares for an IPO and undergoes independent auditing for international markets. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 24, 2024 10:47 AM Eastern Daylight Time

Video

Meme Coin Mania Is Back! These Memecoins Are Fuelling the Crypto Boom

Kangamoon

Meme coins are surging in value, and could fuel the next market run, and boom within the crypto sphere. However, there are many meme coins to choose from, so knowing how to diversify is essential in order to get the best possible returns out of the market. Three meme coins have stood out the most as of recently, including Shiba Inu (SHIB), Floki (FLOKI) and KangaMoon (KANG). Today, we will be conducting an in-depth analysis of each one to determine just how far they can rise, and to see what kind of returns investors can expect. By the end, we will determine which is one of the best meme coins to invest in during 2024. Shiba Inu (SHIB) Grows 164.5% – Can This Meme Coin Climb Further? Shiba Inu (SHIB) has been dominating the chart as a top-growth meme coin as of recently, as it managed to experience a year-to-date (YTD) climb of 164.5%. Moreover, within the span of a single week, the Shiba Inu price has gone up from a low point of $0.00002107 to a maximum value point at $0.00002762, which has positioned it as a major player with a 15.3% growth. Its spike has not stopped, as if it gathers further bullish attention, the Shiba Inu crypto could soon experience major price gains. Based on the Shiba Inu price prediction, it is projected that it can spike to a maximum point of value at $0.000058 by the end of 2024. Floki (FLOKI) Spikes 516.4% YTD – Is the Rise Over? Floki (FLOKI) has experienced a notable price uptrend as well, as its year-to-date (YTD) climb was by 516.4%. At this rate of growth, it is bound to essentially fuel the next crypto boom, especially as the Floki crypto has not stopped its growth even in the short-term. Specifically, according to the on-chart metrics, the Floki price has grown from a low point at $0.00013 to a maximum value of $0.000179. As a result, market sentiment is bullish on this memecoin, and while it's up 11.3% during the past week, according to the Floki price prediction, it can end 2024 at $0.000216. KangaMoon (KANG) Rises 290% and Has Over 20K Holders Fueled by Social-Fi Elements KangaMoon (KANG) has already seen over 20,000 registered users, and its native token is a part of the crypto wallets of over 5,800 holders as-well. Moreover, the presale has raised over $5 million and by the end of April, can pass the $6 million raised mark fueled by the massive level of interest and the massive KANG growth potential. Just during the past trading session, KANG spiked from $0.005 to $0.0196, rising by 290% and now at Stage 5 of its presale, is seeing rapid momentum. The key catalyst for this growth is its unique fuse of Play-to-Earn (P2E) elements, with a focus on the community, and Social-Fi elements. These aspects differentiate this meme coin from most competitors, as it features vast utility as a result of this. KANG is one of the memecoins that will enable anyone the opportunity to buy items, level up characters within the P2E game, and access the dedicated marketplace in which they can buy, sell or trade NFTs. As a result, sentiment is bullish and analysts project that it can spike to $0.5 by the end of Q2, 2024, making it one of the best meme coins to invest in. Summary It's clear that both Floki and Shiba Inu are dominant forces within the meme coin space, and 2024 has also been a bullish year for them. But many traders, investors and enthusiasts have begun turning their attention to the blockchain ICO of KangaMoon as it can redefine the meme coin space and even become a part of the major P2E gaming industry, expected to reach $885 million by 2028, making it the hottest project to jump into. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 24, 2024 09:16 AM Central Daylight Time

Image

Borealis Teams Up With Sam’s Club, Feeding America To Fight Hunger, Food Insecurity In America

Benzinga

By Meg Flippin, Benzinga Food insecurity is a big problem in America, with 44 million people, including one in five children, facing food insecurity. In 2022, 49 million people, or one in six in the U.S. relied on food banks, food pantries and local charities to put meals on the table. Hunger affects all ages in America, from children to seniors, with millions more people one job loss, missed paycheck or medical emergency away from also facing food insecurity. To combat this problem, Feeding America® and Sam’s Club ® (a division of Walmart) are teaming up for the 11th year in a row for the Fight Hunger. Spark Change campaign. The campaign aims to raise money to fight food insecurity. New to the partnership this year is Borealis Foods Inc. (NASDAQ: BRLS), the newly public food tech company dedicated to crafting premium-quality, nutritious food solutions accessible to all. Through its Saluda, SC-based subsidiary, Palmetto Gourmet Foods, the company’s Chef Woo TM High Protein Ramen is available as of Apr. 1 for sale for the first time to 69 million members in the nearly 600 Sam's Club stores around the country. The Fight Hunger. Spark Change. campaign has raised more than $186 million over the past decade and has secured close to 1.9 billion meals for the Feeding America network of local food banks. Donations made during the campaign remain local, with purchases made in-store and online tied to the zip codes serving that area and going to a local Feeding America partner food bank. First High-Protein Noodle On The Market Borealis Foods says Chef Woo ramen is the first high and complete protein noodle, with 20g of plant-based complete protein, the equivalent of three eggs. The Chef Woo ramen uses a blend of plant-based protein, high-oleic sunflower oil, wheat flour and a variety of other legumes and grains to provide a high-protein option containing all nine essential amino acids. The ramen is fully plant-based with no animal byproducts, minimizing the company’s impact on the planet. Each package also contains 15% of an individual’s daily recommended iron intake. “We took one of the world’s quickest and most beloved meals and recreated it using simple, nutritious ingredients, like peas, instead of harmful chemicals and preservatives. Each cup of Chef Woo is jam-packed with complete protein, amino acids and essential nutrients,” the company said. Further, all of its products are certified vegan by the American Vegetarian Association. Making An Impact One Ramen At A Time Borealis said that for each specially-marked Chef Woo high protein ramen sold at Sam's Club from Apr. 1 to Apr. 29, Borealis will donate the monetary equivalent of at least five meals to Feeding America. Currently, $1 helps provide at least 10 meals secured by Feeding America on behalf of local partner food banks. The partnership with Feeding America and Sam’s Club underscores the company's commitment and focus on fighting food insecurity and helping people across the U.S. Given the amount of protein in Chef Woo, the company hopes it can make a real impact in the fight against food insecurity and malnutrition. “As a result of our partnership, we have increased our production capacity to meet the increased orders. We are honored to stand alongside Sam’s Club and Feeding America in the vital mission to alleviate hunger in our communities," said Reza Soltanzadeh, CEO of Borealis. “At Borealis, we believe that access to nourishing food is a fundamental human right, and this initiative exemplifies our dedication to creating positive change." For more on Borealis’ mission to fight hunger and malnutrition, see this recent podcast interview with Soltanzadeh on the Apple platform. Other well-known brands participating in the campaign include Kraft Heinz Company (NASDAQ: KHC), Kellogg’s (NYSE: KLG) and Hellmann’s. Featured photo by dragana991 at iStock. 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

April 24, 2024 08:50 AM Eastern Daylight Time

Image

Analyst Gives Insights on Fantom and Injective, 5 Reasons Why KANG Is at the Top

Kangamoon

Top market analyst Crypto Tony gave a sensational insight into the direction of Fantom (FTM) and Injective (INJ), exploring their potential to turn green soon. In this article, we analyzed Tony's exciting insight, drawing investors to the potential of these tokens. In the meantime, KangaMoon (KANG) has emerged as one of the top meme coins to invest in amidst the changing market dynamics. More details below. Crypto Tony Believes $19 Is a Good Entry Point For Injective For investors who may be looking for Injective to dip further before jumping in, popular crypto analyst Crypto Tony believes the token good entry point could be anywhere above the $19 mark. Tony remarked on his X post, detailing the key insights that can trigger Injective momentum. Tony noticed that the Injective token has built a base above the $19 threshold, which means the token is unlikely to dip further than that before it starts to pick up again. He advised holders not to rush to change their position and believed that the token could challenge the $30 threshold before the end of the month. Analyst Pegs Fantom (FTM) Entry Barrier at $0.65 Earlier in the month, Crypto Tony also provided a powerful insight for investors looking at Fantom token (FTM). Although the token price has dropped by 20% in the past week to stand at $0.7, Tony believes the token could dip further, providing an opportunity for investors to come in. However, Tony advised investors to be careful as a good entry point for Fantom is $0.65. He believed that the token can't get lower than this before it shoots up again in the bull market, where it is expected to rise to $5. Investors Accumulate KangaMoon (KANG), Analysts Provide Reasons While Crypto Tony has provided insightful analysis on the Fantom and Injective momentum, KangaMoon is enjoying massive attention in the meme coin market. The project has already raised over $5M in presale, registered more than 20k participants, and currently has more than 6k holders, justifying its wide acceptance across the meme coin market. Analysts observed KangaMoon's trajectory and concluded that investors are purchasing the token for 5 reasons. One is KangaMoon utility which incorporates GameFI and SocialFi functionalities. Two, the KangaMoon rewards system where gamers earn through intense competition also gives spectators a way to earn through betting and predictions. KangaMoon ROI is the third reason investors are accumulating the token. The KANG token has returned a 290% ROI for early adopters, with the price value moving from $0.005 to $0.0196. Investors are also moved by KangaMoon's potential, with its ability to become one of the best new meme coins to tap into the $200B NFT market, which looks promising. Lastly, investors' interest in KangaMoon also stemmed from its expected price jump soon. The token will be on major exchanges in the second quarter of 2024 and analysts project that the price may skyrocket to $0.5 by then. For these reasons, analysts also project KangaMoon to raise $7M in presale before its listing, making it one of the top meme coins to invest in now. Discover the exciting opportunities of the KangaMoon (KANG) presale today! Website: https://kangaMoon.com/ Join our KangaMoon community: https://t.me/kangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 24, 2024 04:23 AM Central Daylight Time

Image

Spilleloven i Danmark: Hvad du Skal Vide

AM Europe

Spillebranchen i Danmark er reguleret af Spilleloven, og den kan virke kompleks. Denne artikel giver dig et overblik over de vigtigste punkter i loven, så du kan være informeret om, hvad der er lovligt og ulovligt, når det kommer til spil. Hvem regulerer spil i Danmark? Spillemyndigheden er den offentlige myndighed, der har ansvaret for at regulere og føre tilsyn med spil i Danmark. De udsteder licenser til operatører, der ønsker at udbyde spil legally, og de sørger for, at spillene foregår på en fair og ansvarlig måde. Hvilke typer spil er lovlige i Danmark? Casinospil Online casino og betting Landbaseret betting Non-profit lotterier Det danske spillemarked er delvist liberaliseret. Det betyder, at staten har monopol på visse former for spil, såsom lotteri, som udelukkende må udbydes af Danske Spil. Hvad er forbudt ifølge Spilleloven? Online lotterier Indbetaling med kontanter Overførsel mellem spilkonti Pyramidespil Ansvarligt Spil Spillemyndigheden arbejder for at fremme ansvarligt spil, og de fleste spiludbydere har værktøjer til at hjælpe spillere med at sætte grænser for deres indsatser og spilletid. Oscar Bang fra CasinoUdenMitID.co sagde: "Alle spillere bør spille ansvarligt, og da spil er så vanedannende, kan spillere tilmelde sig ROFUS eller endda få hjælp hos forskellige ressourcer såsom Spillemyndigheden. Hold dig Informeret Dette er blot en kort gennemgang af Spilleloven. For mere information om specifikke regler og licenser, kan du besøge Spillemyndighedens hjemmeside: Spillemyndigheden hjemmeside: https://www.spillemyndigheden.dk/. Bemærk: Loven kan løbende ændres. Artiklen er vejledende og bør ikke tages som juridisk rådgivning. Contact Details Oscar Bang +45 27 35 72 27 oscar@casinoonline.com

April 23, 2024 11:00 PM Eastern Daylight Time

Image

Meme Coin Madness! New Tokens BOME, Dogwifhat, and Raboo Attract Millions in Investment

Total Media

In any bull run, the meme coin sector is filled with hot new crypto coins, such as BOME and Dogwifhat, that take gem hunters from rags to riches overnight. In the context of this dynamic market, a new contender makes its appearance on the scene. Enter Raboo. This AI meme coin, priced at only $0.0036, is poised to take the market by storm with its impressive presale performance and predictions of a possible 100x surge on launch day. Read on to find out what the future of this bull run holds for Raboo, BOME, and Dogwifhat. BOME: The hot new crypto that took the market by storm Bome is an experimental project that aims to redefine the meme coin culture through a combination of meme galore, decentralized storage solutions, and degen altcoin trading. As an epitome for meme coins, Bome strives to give a new dimension to decentralized social media, making memes an unstoppable force. Bome’s ambitious plans and strong community support are reflected in its financial performance, as the hot new crypto grew by more than 1545% over the last month. Its impressive trajectory is a prime example of the potential of the meme coin sector during a bull run and the massive impact a strong community has in the Web 3 world. When it comes to Bome’s future, most voices predict a new ATH for the coin soon after the much-anticipated halving happening later this month. Dogwifhat: The 3rd biggest meme coin by market cap Dogwifhat is a Solana-based meme coin launched at the end of 2023 that became a symbol of the potential of the meme coin culture. Dogwifhat’s positioning is simple and playful, with the quote “literally just a dog wif a hat” staying proudly at the top of their website. Although Dogwifhat doesn’t provide any impressive utility, its light-hearted nature attracted a huge following that helped the project amass a market cap of over $3.5 billion. From a performance perspective, Dogwifhat is nothing short of amazing, as its native token surged by more than 1535% in value over the last two months. These amazing returns for the initial investors are a prime signal of what other high-potential projects like Dogwifhat can expect during the rest of this bull run. Raboo: The hot new crypto to disrupt the meme coin sector Raboo is a new AI meme coin that blends SocialFi mechanics and cutting-edge AI technology to create one of the most vibrant ecosystems in Web 3. Armed with unique features, like its post-to-earn mechanic that enables token holders to monetize their social media content, this hot new crypto presale is making headlines all around the industry. With a current price of just $0.0036 and an expected growth of 233% during its presale, Raboo is a golden opportunity for any gem hunter looking to maximize his returns during this bull run. The next 100x meme coin? As the meme coin sector keeps surging, Raboo is garnering increasingly more attention and is becoming one of the hottest crypto presales on the market. This once-in-a-bull-run opportunity, characterized by its remarkable community and impressive performance, should not be overlooked. You can participate in the Raboo presale here. Contact Details Total Media Solutions media@Totalsolutionspr.io

April 23, 2024 05:18 PM Eastern Daylight Time

Image

Made in the USA: Ultrahuman plants flag in US with manufacturing facility UltraFactory to make first wearable rings in the country

Ultrahuman

With smart ring market leadership within its sights, Ultrahuman has today announced plans to open a manufacturing facility poised to accelerate its production capacity. The UltraFactory will be located in Indiana. It opens within the next six months and will be the launchpad for Ultrahuman’s next phase of growth. The UltraFactory will offer an end-to-end production capability and is based on the company’s first operational model of such a facility in India. This development comes hot on the heels of a $35 million fresh investment in the company (series B funding round) and reaffirms Ultrahuman’s ambition to become the market leader in the smart ring space in the next 12 to 15 months. The company has already seen phenomenal growth over the past year, becoming the second-largest player in the smart ring market while maintaining profitability. The opening of the new UltraFactory, will add a production capacity of 200,000 smart rings and present an additional $100m revenue opportunity annually. This is a push towards establishing smart ring market leadership in the US. Ultrahuman’s ability to make significant long-term manufacturing investments, supported by its profitability, is unique in the smart rings market. As a result, UltraFactory’s cutting-edge end-to-end production capabilities will enable the company to fully capitalize on what the company sees as its biggest competitive advantage: fast product development and iteration, and speed of execution in rolling out to global markets. With the US market growing in importance for Ultrahuman in recent months, the move will help the company lower costs in shipping and logistics, while aiding the US government in its push to strengthen domestic manufacturing rather than manufacturing in offshore locations, like China. This brings an expected hiring boom of 150 new Ultrahuman employees in the US over the next 12 months split between engineering and research (30%) and commercial operations (70%). Mohit Kumar, Founder and CEO of Ultrahuman commented: “US is an interesting market for us given it has always been huge in terms of demand for the product but we’re also seeing tremendous value from a manufacturing and research perspective. UltraFactory US would enable manufacturing for health tracking smart ring devices and give us the ability to do necessary research to evolve the form factor further.” Ultrahuman has seen phenomenal growth over the past 12 months, becoming the second-largest player in the smart ring market while maintaining profitability. "Our vision of being the top player in terms of both active devices and geographic presence is within reach, thanks to our rapid expansion and the love we've received from our users," added Mohit Kumar. UltraFactory will help Ultrahuman support its recent retail expansion into over 150 outlets worldwide, spanning iconic locations like London’s Selfridges on Oxford Street, Changi Airport in Singapore, and the Virgin megastore in Dubai. In addition to their smart ring called Ring AIR, the Ultrahuman product suite includes a continuous glucose monitoring wearable called M1 Live, a home health device called Ultrahuman Home and a preventive blood testing product called Blood Vision. Their platform integrates glucose, sleep, movement, blood markers, and HRV, offering a comprehensive approach to health monitoring. "Our growth is a testament to the user love for our products, highlighted by industry-leading NPS and engagement metrics since the launch of our latest model, the Ring AIR. Our relentless focus on improving user experience through continuous firmware and software updates is what sets us apart," Mohit Kumar emphasized. "Shipping a new firmware version every 2 weeks and weekly app improvements reflect our commitment to excellence and our speed of execution, our biggest competitive advantage. We’ve also iterated on hardware at the speed of software by designing novel devices like Ultrahuman Home, a home health monitor.” Looking ahead, Ultrahuman is on track to surpass $100 million in annualized revenue run rate (ARR) by the end of 2024, a milestone that will be achieved profitably. "Our ability to make long-term manufacturing investments, supported by our profitability, is unique in the smart ring market," Mohit Kumar noted. Ultrahuman's dedication to scientific validation and innovation is further evidenced by the completion of a clinical trial involving 105 participants, aimed at validating the ‘Metabolic Score’ generated on the Ultrahuman platform. "Our long-term investment in R&D and intellectual property is a cornerstone of our strategy, ensuring that our products not only meet but exceed the highest standards of efficacy and reliability," Mohit Kumar concluded. About Ultrahuman Ultrahuman is the world's most advanced metabolic fitness platform. Ultrahuman’s products include the Ultrahuman M1(continuous glucose monitoring sensor), the Ultrahuman Ring and Blood Vision, a preventive blood testing platform with the pioneering UltraTrace™ technology. By collating different biomarkers, Ultrahuman is helping people improve their energy levels and lifestyle, track their workout, sleep and recovery, and avoid metabolic disorders. For more information and updates on Ultrahuman, please visit ultrahuman.com or follow us on Facebook, Instagram, Twitter, LinkedIn, and YouTube. Contact Details Ultrahuman Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Ultrahuman Hisham Syed hisham@ultrahuman.com Company Website https://www.ultrahuman.com/

April 23, 2024 10:15 AM Eastern Daylight Time

Image

1 ... 34 35 36 37 38 ... 410