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GoPro becomes the Official Action Camera Partner of Formula DRIFT

Formula DRIFT

The latest global brand to join the Formula DRIFT family is GoPro, maker of the world’s most versatile camera. This collaboration is the perfect synergy, bringing together the most extreme motorsports series with the best cameras to capture the action. “We’re extremely happy to welcome GoPro to the Formula DRIFT family,” said Ryan Sage, Formula DRIFT President. “Almost since our inception, GoPro cameras have been used to capture some of the most exciting action in our sport. So, we’re delighted to make this collaboration official and be able to capture and share even more of what makes Formula DRIFT unique.” Currently, the latest GoPro cameras, including HERO11 Black and the 360° GoPro MAX, are being used by the series to capture footage for its very popular and free-to-view event livestream. So, the next logical step was to create a dedicated new video series. Called GoPro Chase for the Championship, it commenced at the St Louis Round last month and will continue to the end of the season. Each episode will follow the top drivers chasing the championship title and will be filmed entirely on GoPro. The videos will air over the Formula DRIFT livestream on YouTube and appear on FD’s social media pages for each of the remaining rounds. The GoPro video series will explore how the leading drivers reached their position in the standings and the challenges they face. While GoPro Chase for the Championship will focus on the FD PRO teams, the partnership will also feature FD Experience Presented by GoPro. Hosted by a roaming reporter, the series will drop into FD PRO and PROSPEC competition to capture the action and personalities behind the scenes as well as the fan experience as both Championships ramp up to their Final Rounds. As an additional opportunity for fans, GoPro will attend one of the final rounds to share the latest GoPro technology with attendees, including hands-on workshops with the industry-leading HERO11 Black, plus the mobile-friendly GoPro Quik app, and GoPro Subscription ecosystem. Information about the specific round will be available shortly. NEXT ROUND Evergreen Speedway in Monroe, WA will host the Formula DRIFT PRO Championship Round 6 on August 11-12. Please visit formulad.com for the competition schedule, ticket information, driver profiles, special content, and the event livestream, which will include the new GoPro Chase for the Championship and FD Experience Presented by GoPro series. About GoPro, Inc. (NASDAQ: GPRO) Founded in 2002, GoPro helps the world to capture and share itself in immersive and exciting ways. For more information, visit GoPro.com. Open roles can be found on our careers page. Members of the press can access official logos and imagery on our press portal. GoPro customers can submit their photos and videos to GoPro Awards for an opportunity to be featured on GoPro's social channels and receive gear and cash awards. Connect with GoPro on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube, and GoPro's blog, The Current. GoPro, HERO and their respective logos are trademarks or registered trademarks of GoPro, Inc. in the United States and other countries. ABOUT FORMULA DRIFT Formula DRIFT is recognized as the leading international drifting championship. Established on the streets of Japan, drifting has evolved into a worldwide competitive sport that challenges the driver's skill while demanding a great deal from their vehicle in terms of power and strength. Formula DRIFT provides a series for the best professional drifters from around the globe to compete for the coveted title of Formula DRIFT Champion. As the first official drifting series in North America, Formula DRIFT has taken competitive motorsports to the extreme, attracting drift fans and car enthusiasts from all walks of life, and established itself as the global leader for the sport. For a competition schedule, ticket information, special content and livestream, please visit formulad.com EDITOR’S NOTE The first GoPro Chase for the Championship can be viewed or shared here: youtube.com/watch?v=I2q_-X08XCw More images are available here: dropbox.com/scl/fo/d13m7atpaqtiup8juffnq/h?rlkey=vqnmf4p3g96emupnmc87tzyyk&dl=0 Contact Details Greg Emmerson greg@theidagency.com Company Website https://www.formulad.com

August 08, 2023 06:12 AM Pacific Daylight Time

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Ilika CEO says Cirtec deal an "absolutely fantastic validation"

Ilika PLC

Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy speaks to Thomas Warner from Proactive after announcing the signing of a 10-year agreement with US complex medical device company Cirtec Medical to provide Ilika's Stereax solid-state batteries. The deal establishes an exclusive relationship with Cirtech for the use of Stereax batteries in medical devices and features an initial period of profit sharing, later transitioning into a royalty on net sales, ensuring mutual benefit. He refers to the deal as an "absolutely fantastic verification and validation" of Ilika's business model. Purdy suggests that despite Stereax's potential suitability for use in sectors such as the Internet of Things, he's always been clear that the initial commercial focus for Ilika during Stereax's early life will be on medical devices. He also mentions what he calls exciting progress with the other side of the business, the much larger Goliath Electric Vehicle (EV) batteries, and signals more positive developments in the future. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

August 07, 2023 08:21 AM Eastern Daylight Time

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Saietta Group frees up funds ahead of light duty vehicle push

Saietta Group PLC

Saietta Group PLC (AIM:SED) executive chairman Tony Gott and group CFO Steve Harrison speak to Thomas Warner from Proactive about two significant recent developments at the electric drivetrain (eDrive) solutions company. Saietta recently announced changes to its agreement with auto component giants Consolidated Metco (ConMet) that mean Saietta will receive an "immediate cash injection of €3.3mln" and the removal of "around €2mln of cash burn..." in exchange for the assignment to ConMet of jointly-developed intellectual property, machinery and equipment related to the development of an in-wheel generator (IWG) and an in-wheel motor (IWM). Harrison says the money freed up will be put to use on the light-duty side of the business, where he sees excellent growth opportunities. He also says he remains confident that Saietta will meet its stated aim of being EBITDA positive in the first calendar quarter of 2024. Gott goes on to highlight news from the week prior that Saietta has signed a new agreement with a commercial partner, described as “one of the largest OEMs in the Indian light-duty mobility market”, which sets up an opportunity to distribute some 60,000 EV drive chain units over a potential 5-year period. The agreement covers an anticipated third line of electric vehicles with its existing Indian client, and, follows a previously announced client partnership, which was set up to support product development and industrialisation of electric vehicle (EV) drive systems and their associated electronics. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

August 07, 2023 08:07 AM Eastern Daylight Time

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News Release

Cepton discusses national security and cybersecurity concerns in LiDAR industry

Cepton Inc

Brunno Moretti, vice president of product at Cepton Inc, discusses the implications of potential action against Chinese LiDAR companies by Washington in an interview with Proactive's Stephen Gunnion. Moretti highlights two main concerns: national security and cybersecurity. LiDAR technology is crucial for creating high-definition maps around vehicles, but if parts are produced by state-backed entities from non-allied countries, there are risks related to data security and mapping sensitive areas. Moretti also emphasizes the importance of a level playing field in the LiDAR industry and the need to ensure fair competition by preventing state-subsidized companies from gaining an unfair advantage. Cepton is part of the LiDAR Coalition, which includes US and US ally-based companies aiming to raise these concerns with lawmakers. Moretti underlines the significance of this discussion, especially as LiDAR technology is just emerging in the automotive sector. He concludes by reaffirming Cepton's commitment to safety and consumer awareness regarding the technology embedded in their vehicles. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

August 03, 2023 02:08 PM Eastern Daylight Time

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Introducing The Aeromotive Group and its portfolio of leading Automotive Brands

The Aeromotive Group

Uniting nine automotive brands under one parent company, The Aeromotive Group represents some of the best American automotive innovation and tradition. The brands represented include the following: · Aeromotive Fuel Systems · PerTronix Ignition Products · Taylor Cable · JBA Performance Exhaust · Doug’s Headers · Patriot Exhaust · Waterman Racing Components · Compu-Fire · Spyke Among the brands, Aeromotive has been synonymous with innovation, passion and performance at the highest levels. As the Company embarks on the next chapter of growth, innovation and disruption, it felt natural to unite all the brands under the values that have driven Aeromotive for the past 30 years. Over the coming months, brands within The Aeromotive Group will launch new products that will debut to the industry and public at the 2023 SEMA and PRI shows and beyond. All new products are designed to provide racers and grassroots enthusiasts alike with rugged, dependable equipment to keep their vehicles running efficiently and in most cases with greater performance. “We’re putting a sharp focus on product innovation, branding and partnerships for the remainder of 2023 and moving forward,” said Laurent Potdevin, CEO, The Aeromotive Group. “All our effort is being directed to delivering what our customers want and have come to expect from our trusted brands.” As part of its wider activation plans, Aeromotive has been appointed the Official Fuel System for Roadkill Nights and is a partner of the RKN Direct Connection Grudge Match 2023. Not only will Aeromotive fuel systems be represented among the professionally built cars competing on the drag strip, but The Aeromotive Group is supplying parts to Grudge Match participants to help complete their project vehicles. “Roadkill Nights and the 2023 Direct Connection Grudge Match are the ideal platforms to showcase our market-leading fuel delivery systems as well as some of our JBA Performance Exhaust products,” said Sarah Lassek, Chief Brand Officer of The Aeromotive Group. “Many people have grown up using and trusting our brands and Grudge Match is the perfect way to demonstrate the power and performance available from Aeromotive fuel systems. We were delighted that the majority of teams in the competition decided to use our parts in their builds and we’re looking forward to seeing the final results on the big day.” Roadkill Nights takes place on Woodward Avenue in downtown Pontiac, MI on August 12, 2023. Tickets and information are available online here. ABOUT THE AEROMOTIVE GROUP The Aeromotive Group houses the automotive aftermarket’s top shelf manufacturers of performance products including Aeromotive Fuel Systems, Waterman Racing Components, PerTronix Ignition Products, Taylor Cable Products, JBA Performance Exhaust, Doug’s Headers, Patriot Exhaust, Compu-Fire performance products and Spyke motorcycle products. From hot rods to muscle cars, late-model cars, trucks, motorcycles and professional race teams, The Aeromotive Group’s industry savvy and product expertise provide spark, horsepower, sound, and unrivaled performance for enthusiasts of classic to modern vehicles. For more information please visit Aeromotiveinc.com and Pertronixbrands.com EDITOR’S NOTE More images are available here: dropbox.com/scl/fo/w982g92envg2qanxw06kz/h?rlkey=229e57jjkvnnhoeu34y2lh0cu&dl=0 Contact Details Greg Emmerson greg@theidagency.com Company Website http://pertronixbrands.com/

August 03, 2023 06:12 AM Pacific Daylight Time

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Saietta shares soar as it inks deal for third EV product line with Indian OEM partner

Saietta Group PLC

Saietta Group PLC, a leader in EV technology, announces a major partnership with one of India's largest OEMs in the light-duty mobility market. This collaboration could lead to the distribution of 60,000 EV drive chain units over five years, marking a significant step in the EV industry. The video sheds light on Saietta's ambitious plans for mass production, expected to commence in 2023, marking a pivotal moment in the company's journey towards establishing itself as a leader in the EV sector. Viewers will gain valuable insights into Saietta's proprietary Radial Flux Technology, a groundbreaking innovation that propels the efficiency and performance of their EV drive chain units to unprecedented levels. With the company's shares rising by 30% following the announcement, we explore what this means for the future of Saietta and the EV market in India. Tune in to learn more about Saietta's innovative Radial Flux Technology and their mission to have Saietta-powered lightweight electric vehicles on Indian roads by 2024. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

July 26, 2023 04:53 AM Eastern Daylight Time

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Triumphant Return: SERES 5 European Grand Tour Concludes on a High Note

SERES Motors

The first European Grand Tour for SERES, a leading power in China’s intelligent electric vehicle industry, has successfully wrapped up. Covering over 10,000 kilometers and 21 countries in a span of 23 days, the tour served as a comprehensive test for the company’s new energy strategy model, the SERES 5, evaluating its power, performance, safety, range, charging capabilities, driving control, and intelligence. With the goal of rigorously testing the car's capabilities and providing authentic user experiences, the SERES 5 embarked on its European Grand Tour from Amsterdam, Netherlands. Enduring diverse climates, with temperature variations of up to 25 degrees Celsius, and traversing nearly ten different road conditions, the tour passed through Norway, Germany, Italy, Spain, France, and 16 other European countries, before returning to the Netherlands. Throughout the journey, the SERES 5 Grand Tour fleet garnered significant attention from European consumers, with many expressing strong interest in the vehicle's performance. Local media in countries such as France, Italy, and Germany also conducted test drives, experiencing the unique smart driving features of Chinese new energy vehicles. The quality performance of the SERES 5 during its European Grand Tour exceeded expectations. It demonstrated remarkable endurance, traveling over 10,000 kilometers through challenging terrains like mud, snow, urban areas, and unrestricted highways. The vehicle's charging adaptability was also commendable, successfully utilizing 95% of Europe's charging facilities across the 21 countries visited, fully satisfying the travel needs of European users. Additionally, the driving experience was tailored to meet the preferences of individual drivers, providing them with a more enriching and enjoyable journey. Trond Sandven, the founder of Norwegian dealership Sandven AS, praised the SERES 5 as an outstanding vehicle, surpassing its European competitors in terms of performance. During the European Grand Tour, the SERES 5 achieved another milestone by completing the delivery ceremony to its first European customers, marking another successful step in SERES Motors' new energy international expansion. At the delivery ceremony, Andreas Bakkerud, SERES 5’s first owner in Norway and the celebrated rally driver and winner of the FIA European Rallycross Championship for two consecutive years in 2011 and 2012, expressed his high satisfaction with the vehicle's efficiency, superb handling on bumpy roads, and attractive balance between weight and power. He expressed a strong desire to own the car immediately after experiencing it. The vehicle's performance in track mode was also impressive, showcasing its ability to accelerate continuously 20 times without noticeable power decline. As a sporty and luxurious electric SUV, the SERES 5 has been well-received by European consumers since its debut at the Brussels Motor Show earlier in the year. Its distinctive appearance, cutting-edge design, premium materials, outstanding performance, and advanced intelligence have earned it a dedicated following in the European market. The European Grand Tour further reinforced the SERES 5's reputation for excellent adaptability, remarkable performance, driving comfort, and intelligent leadership across all the European countries it visited. Moving forward, SERES Motors remains committed to providing exceptional service to its users and supporting the growth of the European new energy automotive market. The company will continue to introduce various types of new energy vehicle products to overseas markets, delivering safer, more comfortable, and intelligent driving experiences for customers. For more information, please visit: http://www.global-seres.com/ https://www.facebook.com/seresmotor https://www.secure.instagram.com/seres.motor https://www.youtube.com/@seresmoto r For more about SERES 5 European Grand Tour, please visit: https://youtu.be/e2TlPii8Fx4 https://youtu.be/r8lxz5CJiHE https://youtu.be/5hiyrTaMfLI https://youtu.be/1G9q5ss1l-s https://youtu.be/Zo3KwTi2xXw https://youtu.be/dcgIHYNSqGw https://youtu.be/OJxDpd2w5BU https://youtu.be/zeMEX-deAyU Contact Details SERES Media Contacts: Song Sun +31 6 27050289 song.sun@global-seres.com Sabrina Wan +44 7762 856282 Sabrina.wan@dawnriderltd.com Company Website http://www.global-seres.com/

July 25, 2023 03:15 AM Eastern Daylight Time

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Embracing Train Travel in Europe This Summer

YourUpdateTV

This summer, Americans are flocking to Europe in record numbers and seeking out unforgettable travel experiences while there. But with inflation top of mind for many Americans, one of the easiest, most affordable and memorable ways to explore Europe is by rail. Recently, Lifestyle Expert Bethany Braun-Silva partnered with Trainline to discuss the top European destinations this year, travel tips, and the benefits of seeing Europe by train. A video accompanying this announcement is available at: https://youtu.be/n1B5FtEV8TE Europe is definitely a top destination for many travelers this summer, with demand even outpacing pre-pandemic levels. But prices for airfare have skyrocketed and many Americans find it difficult to drive in Europe – from navigating which side of the road to drive on to trying to read traffic signs in a different language. This has led many American travelers to look for easier and more affordable travel alternatives while abroad. Train travel has had a major boom in recent years and has become the go-to form of travel in Europe for Americans, with affordability, ease of travel and sustainability being the chief drivers – plus the views from the train are both breathtaking and unforgettable, while being a perfect option for families, solo travelers, business, or leisure trips. U.S. downloads for Trainline, the No. 1 train booking app in Europe, are up 108% this year, telling us travelers are eager to see Europe by train this summer. With Trainline, Americans can explore Europe from the palm of their hand – making it simple to book all your train travel needs. Plus, you can book your train travel through Trainline in English and pay in USD, so there is no need to worry about a language or currency barrier when traveling! Here are Bethany’s tips for navigating Europe by train this summer: Tip #1: Book in Advance - Train tickets in Europe are usually at their cheapest price when they first go on sale. Booking early will get you the best deal, or you can choose to get a ticket with the ultimate flexibility for those times when you might want to change your travel plans last minute. Tip #2: Travel Off-Peak – Most train tickets across Europe tend to be more expensive during morning and afternoon rush hour. If you can, be sure to look for tickets outside of these times to see if you can snap up a lower price. Tip #3: Don’t Skip Connecting Trains – While taking a connecting train might make some American travelers uncomfortable, don’t shy away from them. You may arrive at your destination a little later than high-speed or direct services, but for those with a little extra time on their hands it’s a great money-saver – and you get to see even more of Europe along the way! For more information, download the Trainline app or visit Trainline.com. About Bethany Braun-Silva Bethany Braun-Silva is the former editor at Parenting.com, one of the most trusted resources for parents online! Bethany has worked for Understood.org, Big Apple Parent Magazine, CafeMom, RedTri, Mommy Poppins, OK! Magazine, Hollywood Life and various other parenting publications. She can often be seen interviewing celebrity parents and of course at her local playground with her two boys. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

July 21, 2023 12:50 PM Eastern Daylight Time

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UNOS Applauds House Action to Improve Air Transport of Donor Organs

United Network for Organ Sharing

Today, the U.S. House of Representatives approved its 2023 Federal Aviation Administration (FAA) reauthorization bill, which includes a provision aimed at improving safety and efficiency in the transportation of donor organs through the nation's commercial aviation system. Section 834 of H.R. 3934, the Securing Growth and Robust Leadership in American Aviation Act, requires the Secretary of the Department of Transportation (DOT), in consultation with the FAA Administrator, to convene a working group to develop best practices for the transportation of an organ in the cabin of an aircraft. Before the September 11 attacks, organs – primarily kidneys – were transported within a commercial flight’s cabin, under supervision of the aircrew. Packaged organs were placed in or near the cockpit just before departure and quickly retrieved after landing. The attacks prompted significant changes to airport protocols, including no longer allowing transplant professionals without an airplane ticket to accompany an organ through security. As a result, organs currently travel in the cargo hold. Action by the House promises to review and possibly reverse that long standing practice. “I applaud the actions taken by the House today. I offer my profound thanks to those working with us to make this change a reality, namely Rep. Bruce Westerman and Rep. Greg Stanton from the House Transportation and Infrastructure Committee, and their colleagues Rep. Tracey Mann, Rep. Dusty Johnson, and Rep. Beth Van Duyne,” said United Network for Organ Sharing (UNOS) CEO Maureen McBride, Ph.D. “Today’s news is the result of collaborative efforts on behalf of patients waiting for the gift of life, while also honoring generous donors and their families. There is more work to be done as we ensure this legislation is enacted, but this is a critical step.” While not a common occurrence, any logistical delays heighten the risk that an organ cannot be transplanted. The post-September 11 relegation of organs to the cargo hold created challenges navigating cargo hours and cargo lock-out times - the cut-off time for receiving shipments before the scheduled departure of an aircraft. Not all airlines accept cargo, so options are limited for transporting organs by air, especially to areas served by smaller, regional airports. ”Any organ not ultimately transplanted represents a profound loss, both for the selfless donor’s family and the patient waiting,” said Dianne LaPointe Rudow, ANP-BC, DNP, FAAN, President of UNOS. “Our donation and transplant community is called to honor the gift of life, and that commitment includes not only publicly identifying the issue, but seeking substantive solutions to address it. We owe our patients nothing less.” The provision included in the House version of the FAA reauthorization bill is the result of ongoing advocacy by UNOS, Organ Procurement Organizations (OPOs) and other members of the nation’s organ donation and transplant community. Since December of 2022, UNOS has engaged with the FAA leadership, the Transportation Security Administration (TSA), the Department of Transportation (DOT), and members of both the House and Senate to pursue this reform. “The organ donation and transplant community rallied behind this cause, knowing that it represents major progress for our patients and selfless donors,” said Jerry McCauley, M.D., M.P.H., Immediate Past President of UNOS. “This change is also a cornerstone of the UNOS Action Agenda, a series of improvements we know will strengthen the U.S. donation and transplant system.” To further reduce risk of delay, damage or loss in organ transport, UNOS is recommending changes in the next contract for the Organ Procurement and Transplantation Network that would require the use of physical trackers for unaccompanied donor organs recovered for transplant, and the establishment of a centralized organ tracking system. The Senate Commerce Committee could mark up its reauthorization legislation as soon as next week. The Senate provision would require the FAA to establish regulations ensuring that donor organs transported via commercial flight can once again travel in the plane’s cabin, as opposed to traveling in cargo. “We look forward to supporting the passage of the provision in the Senate Commerce Committee and on the Senate floor,” said McBride. Sen. Maria Cantwell, Chair of the Senate Commerce Committee, Sen. Ron Wyden, Chair of the Senate Finance Committee, and Sen. Ted Cruz, Ranking Member of the Senate Commerce Committee, are supporters of the Senate provision. Actions to move organs back to the airplane cabin and out of cargo were widely endorsed by the donation and transplant community, including the American Association of Kidney Patients, American Foundation for Donation & Transplantation, American Society of Histocompatibility and Immunogenetics, American Society of Nephrology, American Society of Transplantation, American Society of Transplant Surgeons, Association of Organ Procurement Organizations, Donate Life America, Donate Life Virginia, Kidney Care Partners, Kidney Transplant Collaborative, National Kidney Foundation, Nationwide Organ Recovery Transport Alliance, North American Transplant Coordinators Organization, Organ Donation Advocacy Group, Renal Physicians Association, Transplant Recipients International Organization, Transplant Families, Transplant Unwrapped, and Waitlist Zero. Congress will need to advance reauthorization legislation before the current FAA authorization expires on September 30, 2023. About UNOS United Network for Organ Sharing (UNOS) is the mission-driven non-profit serving as the nation’s transplant system under contract with the federal government. We lead the network of transplant hospitals, organ procurement organizations, and thousands of volunteers who are dedicated to honoring the gifts of life entrusted to us and to making lifesaving transplants possible for patients in need. Working together, we leverage data and advances in science and technology to continuously strengthen the system, increase the number of organs recovered and the number of transplants performed, and ensure patients across the nation have equitable access to transplant. Contact Details United Network for Organ Sharing Anne Paschke +1 804-782-4730 anne.paschke@unos.org Company Website https://unos.org

July 20, 2023 11:45 AM Eastern Daylight Time

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