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Deals With Automotive Companies, Top National Security Organization And More: What Aeva Technologies Has Been Up To This Year To Become A Market Leader

Benzinga

By Meg Flippin, Benzinga From trains to trucks, self-driving vehicles and robots will someday rule the world. That’s thanks to companies like Aeva Technologies Inc. (NYSE: AEVA), which are churning out the components that make an autonomous world a reality. Aeva makes LiDAR sensors for use in vehicles, trucks and trains. The sensors act as eyes, providing 3D views of the surroundings. They can also be used in fixed locations to provide monitoring and security. What Aeva says sets it apart from rivals is its Frequency Modulated Continuous Wave (FMCW) 4D LiDAR technology, which uses a low-power continuous laser beam to measure range and velocity at the same time. Aeva says it unlocks new levels of safety and automation by instantaneously discriminating between static and dynamic points and knowing the precise velocity of dynamic objects. Making Deals That edge isn’t going unnoticed. Aeva’s sensors are increasingly finding their way into the autonomous vehicles and machines of big-name players. After all, they know that for self-driving cars, trucks, buses and trains to be ubiquitous, safety is of the utmost importance. Take Aeva’s recent deal with Daimler Truck AG and Torc Robotics, Inc. for starters. Daimler Truck is using Aeva’s sensors in its Class 8 Freightliner Cascadia autonomous truck platform. Daimler Truck intends to integrate the LiDAR sensors directly into its production process, making it easy for customers to buy autonomous-ready trucks directly from its manufacturing plants. Daimler Truck said it chose Aeva’s LiDAR sensors because of its ability to provide enhanced safety and control. “Daimler Truck is committed to leading the industry’s advancement toward autonomous trucks. Selecting the right LiDAR technology is a crucial strategic decision to safely deploy autonomous trucks on the road,” said Joanna Buttler, Head of Global Autonomous Technology Group at Daimler Truck. “We are convinced that Aeva with its cutting-edge and reliable technology is the right production partner for LiDAR sensors and has the manufacturing capabilities to scale along with us.” Overall in the automotive market, Aeva seems to be gaining momentum with the top ten global original equipment manufactures and expects an RFQ award decision from one of them in 2024. What’s more, the company started a collaboration with another global ten OEM to integrate Aeva’s FMCW Lidar. “In automotive, we have made significant progress on opportunities with multiple global top 10 passenger vehicle OEMs,” said Soroush Salehian, Co-Founder and CEO of Aeva during the company’s second-quarter earnings conference call. “With one top passenger OEM, we continue to expect the award decision later this year and with another top passenger OEM, we began a new collaboration around 4D LiDAR vehicle integration.” Expanding Into New Markets On top of Aeva’s progress in the automotive market, the company is making inroads in new markets. That was on display in late July when Aeva won a deal with a top national defense security organization to supply its 4D LiDAR technology to help protect critical energy infrastructure sites across the United States. Aeva’s sensors are expected to be the primary detection sensors to protect sensitive locations in various facilities, including water entries and exits and perimeter fences. Aeva says it was selected because of its FMCW-based technology. Meanwhile, its deal to produce sensors for Nikon industrial machines to scan objects coming off an assembly line for defects is also making progress, with the company on track for the first industrial precision product with Nikon in the fourth quarter of 2024. Then there’s Aeva’s deal with the sector initiative Digitale Schiene Deutschland. Aeva’s 4D LiDAR technology is being used in the group’s AutomatedTrain project. The AutomatedTrain project, funded by the German Federal Ministry of Economic Affairs and Climate Action with collaboration from ten partners, including Siemens Mobility and Bosch Engineering, aims to create and trial driverless, fully automated passenger trains by 2026. “We continue to achieve key milestones on our production programs with Daimler Truck in auto and Nikon in industrial while also making significant strides on additional automotive opportunities with multiple global top 10 passenger OEMs looking to adopt 4D LiDAR,” said Salehian. “Our increasing list of wins and the significant progress on new opportunities are further indication of the growing demand for our products across a diverse mix of markets and Aeva's leadership position to drive this adoption with our 4D LiDAR technology. Aeva is in the final stages of a number of key opportunities and continues to advance on other engagements across automotive and beyond.” Keep a look out for more Aeva Technologies Inc. announcements here. Featured photo by Samuele Errico Piccarini 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

August 13, 2024 08:40 AM Eastern Daylight Time

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VenHub’s Wants To Revolutionize Retail Through Its Fully Autonomous Retail Robots, But Some Have Objections – Here’s Why Consumers May Not Need To Worry

Benzinga

By Anthony Termini, Benzinga VenHub, developer of fully autonomous and robotic plug-and-play Smart Stores that can be delivered, unpacked and merchandised virtually anywhere in the world within a few days, believes that its technology solution will dramatically reshape the retail landscape in the coming years. But can VenHub overcome some potential obstacles to transforming the industry? Objection #1: There Will Be A Greater Chance Of Theft The National Retail Federation says that theft costs retailers more than $100 billion annually. A large portion of that is attributable to shoplifting. These types of losses are especially costly for traditional brick-and-mortar retailers, who typically have very tight operating margins. Furthermore, smash and grabs have also been in the news in recent years. The VenHub solution resolves these two interconnected problems. VenHub modules are designed for security and protection. They are constructed with insulated walls, monitoring systems and bulletproof glass. As such, they are resistant to theft, riots and fires, and each of these attributes leads to reduced operating expenses and expanded margins for the retailer. Objection #2: An Autonomous Store Leads To Job Losses Management consultants, McKinsey & Company note that attrition in retail has always been very high. It notes that employee turnover has been 60% or higher for a long time. According to VenHub, it is especially difficult to find workers to staff 24/7 stores. Many of these retailers must rely on transient workers. Furthermore, VenHub is creating a technology solution, which puts it in a position to continuously expand its team of highly skilled workers. As with each previous evolution of any industry, VenHub says that more jobs get created than eliminated. In most cases, the wages new industries create are higher than what individuals may have made previously. The net effect is that VenHub will create more high-paying jobs than the number of low-wage jobs that might be displaced. Objection #3: The Technology Is Too New And Consumers Won’t Adapt A similar sentiment was expressed at the advent of eCommerce. The U.S. Federal Reserve notes that online sales accounted for 0.6% of all retail transactions in America at the end of 1999. Today online sales represent about 16% of retail purchases, totaling more than $289 billion. People often say that convenience and avoiding crowds draw them to purchase online. The VenHub Smart Store delivers these same benefits. Objection #4: People Aren’t Ready For A Fully Autonomous Experience Research from tax and accounting consultants Deloitte suggests that retailers need to leverage new markets, explore new business models and change the mechanics of the way they do things. It says that demand-driven retail requires product offerings that are specifically designed and targeted for various consumer groups. VenHub offers retailers complete discretion on how to merchandise their Smart Stores, so they can be tailored to satisfy the specific demands of a local or neighborhood market. Richard Kestenbaum, a partner at investment banking firm Triangle Capital, says that the future of retail will be hybrid channels that include the strengths of both physical and digital retail. This is exactly what the app-based VenHub Smart Store delivers to consumers. Objection #5: A Fully Autonomous Store Won’t Work In Rural Communities According to the U.S. Department of Agriculture (USDA), communities with populations between 2,500 and 20,000 have witnessed a significant decrease in the number of grocery stores since 1990. They have been replaced mostly by convenience stores. The USDA also points out that some 80% of Americans must drive five miles or more to reach the closest grocer. VenHub can help resolve both issues. Smart Stores can be located closer to shoppers, even in remote communities, because they can be solar-powered. In addition, a Smart Store’s merchandise can be tailored to the local community instead of stocked with what a national chain believes should be on the shelves. VenHub: The Company Looking To Revolutionize Retail To date, more than 800 VenHub Smart Stores have been pre-ordered globally. The stores use an app-based ordering system that makes items available to consumers 24/7. Using artificial intelligence and smart inventory management systems, the stores generate revenue around the clock. The prefab VenHub Smart Store is an expandable 800-square-foot plug-and-play storefront technology that can be delivered, unpacked and installed in just a few days. VenHub is on the path to issuing shares to the public in a Regulation CF offering. Issuance Express is facilitating the distribution. Investors interested in this company’s shares may still have an opportunity to invest, but only until August 21st. The offering is highlighted on the Issuance Express portal. Featured photo of Choctaw Bluff Alabama General Store 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

August 13, 2024 08:35 AM Eastern Daylight Time

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What Do Electric Vehicles, Energy Storage Systems And Electric Aircraft Have In Common? The Argument For Lithium's Long-Term Value

Benzinga

By Mangeet Kaur Bouns, Benzinga As the world increasingly shifts toward greener and more sustainable energy sources, the demand for lithium is expected to grow in the coming years. This commodity underpins key advancements across three pivotal sectors: electric vehicles (EVs), energy storage systems and electric aircraft. While lithium has faced short-term weaknesses and price fluctuations due to broad market factors, it is believed to still hold long-term value, and companies like Atlas Lithium Corporation (NASDAQ: ATLX) are strategically positioning themselves to capitalize on this growing demand. Lithium's Role In Electric Vehicles Electric vehicles are part of the global transition to sustainable transportation. A key part of this shift is lithium-ion battery technology, renowned for its high energy density, long lifespan and relatively low cost. These attributes make lithium-ion batteries ideal for automotive applications, aligning well with global goals to achieve net-zero emissions by 2050. According to Dimension Market Research, the lithium-ion battery market is projected to reach $470.50 billion by 2033, expanding at a CAGR of 21% from an estimated $84.3 billion in 2024. This surge is expected to be driven by the worldwide adoption of EVs. The adoption of EVs is accelerating globally, spurred by some supportive government policies and incentives. Countries like Norway have set ambitious goals, such as banning the sale of new internal combustion engine vehicles by 2025. In the U.S., California wants all new passenger vehicles and light-duty trucks sold to be zero-emission by 2035. These regulations create a fertile ground for the lithium market to expand, with lithium-ion batteries being a cornerstone of EV technology. Energy Storage Systems: A Renewable Energy Solution Lithium-ion batteries are also critical for renewable energy storage, providing a potential solution to the intermittency of wind and solar energy. Utilities globally are investing heavily in lithium-ion battery systems to store vast amounts of energy, ranging from 100 to 800 megawatts (MW). For instance, the Moss Landing energy storage facility in California, one of the world's largest lithium-ion battery systems, has a capacity of 750 MW/3,000 MWh. As countries transition to renewable energy sources, the ability to store and manage energy becomes crucial. Lithium-ion batteries provide the needed flexibility and reliability, allowing for the stabilization of power grids and the optimization of energy use. The falling cost of lithium-ion batteries, coupled with their ability to store increasing amounts of energy, makes them a cornerstone of many renewable energy strategies. Governments worldwide are recognizing the need for robust energy storage solutions. The European Union, for example, has set ambitious targets for energy storage capacity to ensure energy security and grid stability. Similar initiatives are underway in the U.S. and Asia, where large-scale energy storage projects are being implemented. This global trend underscores the role of lithium-ion batteries in achieving sustainable energy goals. Electric Aircraft: The Future Of Aviation The aviation industry is exploring lithium-ion battery technology as a game-changer for electric aircraft. As this sector evolves, lithium-ion batteries seem poised to provide the power needed for longer flights and more efficient operations. Although still in the early stages, advancements in lithium battery technology are critical for overcoming the challenges of electric aviation, such as weight and energy density. Companies like Joby Aviation and Lilium are pioneering electric vertical takeoff and landing (eVTOL) aircraft, which aim to transform urban air mobility. These eVTOL aircraft, powered by lithium-ion batteries, promise to reduce traffic congestion and lower carbon emissions associated with traditional air travel. While regulatory hurdles and technical challenges remain, the successful deployment of eVTOLs could significantly boost lithium demand. Short-Term Weakness Vs. Long-Term Potential In recent years, lithium prices have been highly volatile, peaking dramatically before falling sharply. Factors such as speculative trading, shifting demand projections and supply-demand imbalances have driven this fluctuation. For example, lithium prices soared from around $12,000 per metric ton in 2019 to $46,000 per metric ton in 2023. China's dominance in lithium processing — accounting for about two-thirds of the global supply — impacts the supply chain. Geopolitical tensions and trade restrictions exacerbate these issues, as seen with U.S. legislation excluding companies that are Foreign Entities of Concern (FEOCs) from receiving tax credits for EV investments. Additionally, the environmental impact of lithium mining and the slow pace of regulatory approvals for new mines complicate the growth of domestic production. Despite these challenges, lithium's long-term potential across EVs, energy storage systems and electric aircraft seems robust. Governments worldwide are setting ambitious targets for zero carbon emissions, and automakers are ramping up EV production. How Atlas Lithium Is Positioning Itself For Long-Term Growth Atlas Lithium is strategically positioning itself to meet the growing demand for lithium. With one of the largest exploration projects in Brazil, the company seems poised to capitalize on this need. Atlas Lithium has more than doubled its exploration portfolio in Brazil to approximately 539 km² (nearly 133,294 acres), including new claims in the Doce River and Mucuri Valleys, which are emerging as promising lithium jurisdictions. In addition to expanding its exploration footprint, Atlas Lithium says it is investing in advanced technologies and sustainable mining practices to enhance its production capabilities. These efforts, it says, aim to increase output and to mitigate the environmental impact of lithium extraction. Lithium's role in powering electric vehicles, enabling energy storage systems and supporting the development of electric aircraft underscores its critical importance in the transition to a more sustainable future, and the recent sell-off may have made the prices of stocks and commodities like lithium more attractive for interested investors. Leveraging substantial exploration activities and an established resource base, Atlas Lithium could be poised to benefit from rising global demand. Featured photo by Priscilla Du Preez 🇨🇦 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

August 13, 2024 08:30 AM Eastern Daylight Time

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Vymo Launches OnboardIQ, the First AI/Machine Driven Solution for Insurance Recruiting, Onboarding, and Compliance

Vymo, Inc.

Vymo, a leading multi-channel distribution management platform powered by AI for the global insurance industry, recently announced the launch of OnboardIQ. By leveraging AI and ML, OnboardIQ is the first complete solution designed to streamline recruiting, onboarding, and compliance, marking a swift departure from existing, outdated legacy systems. “Traditional recruitment methods are typically tedious, inefficient, and costly. But by factoring in a prospect’s skills, licensure history, and a carrier’s specific needs, OnboardIQ can generate comprehensive candidate profiles,” notes Venkat Malladi, Vymo Co-Founder and CTO. The system then scours these profiles and targets the most suitable candidates by generating campaigns on LinkedIn, Facebook, and Instagram. He adds, “no matter how much the talent pool shrinks in the coming years, with OnboardIQ, carriers will have access to top-tier, matched talent.” One carrier remarked that their biggest challenge during onboarding was the "lack of visibility." OnboardIQ addresses this issue by providing complete transparency from the moment an agent decides to start selling, through the licensing and appointment processes, all the way to completing their product training and achieving ready to sell status. Beyond recruiting and onboarding agents, OnboardIQ helps agents to live up to their full potential. For example, a carrier based in California might want to make inroads in the midwestern market. OnboardIQ will pinpoint the agents best suited for this expansion, check their existing state licenses, and guide those who need additional licenses through the acquisition process. “ This approach helps carriers get the most value from each agent, while allowing agents to maximize their commissions. The platform empowers both carriers and agents to expand their footprint,” notes Venkat Malladi. The U.S. has a uniquely intricate regulatory landscape, with varying licensing requirements across states. As legislation tightens, OnboardIQ helps prevent fines, and irreversible reputational damage by proactively—not reactively—identifying compliance issues across an entire multi-state insurance organization. Notes Malladi, “without software that can create a database of agent licenses and update them in real time as agents obtain new licenses, managing compliance becomes extremely complex.” At the core of OnboardIQ is Co-Pilot, an AI-powered, text-based personal assistant designed to answer recruiting, onboarding, and compliance questions for both agents and carriers. For example, an agent might ask Co-Pilot, “what are the pre-licensing education requirements for obtaining a health insurance license in Florida?” While a carrier might inquire, “which of my agents are due for license renewal in the next three months in New Jersey?” Co-Pilot provides accurate and easy-to-understand answers for both queries. Malladi notes, “OnboardIQ serves as a conduit for seamless interaction between carriers and agents—adapting to an era where insurance operations extend beyond local boundaries.” About Vymo® Vymo is a global provider of a smart distribution management platform powered by AI to deliver data-driven insights and transform the way your businesses operate. Meticulously crafted for insurers, MGAs, FMOs, IMOs, and insurance distributors who have outgrown legacy sales and account management tools and require greater automation for producer administration and sales processes. Vymo's platform features a suite of modular applications—including OnboardIQ and EngageIQ, and is engineered to deliver a superior producer experience through critical steps in the sales process, such as onboarding, compliance, activity tracking, and sales enablement. Vymo has secured over $45M in funding from Peak XC Partners, Emergence Capital, and Bertelsmann India Investments and is also an award winner of CB Insights' and Microsoft's 'AI for All' awards. Additional Resources: Vymo Distribution Management Platform Vymo OnboardIQ Vymo EngageIQ for Leaders Vymo EngageIQ for Sellers U.S. Media Contact: Meir Kahtan MKPR mkahtan@rcn.com +1 917-864-0800 Michael Palmisano Vice President, Marketing Vymo, Inc. 440 N Wolfe Rd. Sunnyvale, CA 94085 Web: https://getvymo.com/ Blog: https://getvymo.com/blog All other registered trademarks, or service marks belong to their respective companies. Contact Details MKPR for Vymo Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://getvymo.com/

August 13, 2024 08:00 AM Eastern Daylight Time

Safety Shot, Inc. (NASDAQ: SHOT): Upside Confirmed by Scientific Research

CGR-SHOT

As the wellness industry evolves, there is increasing interest in products that address specific consumer needs beyond traditional health solutions. One area with limited innovation has been managing the effects of alcohol consumption. Safety Shot, Inc. (Nasdaq: SHOT) is making strides in this space with its flagship drink. Safety Shot is a patented beverage designed to lower blood alcohol content (BAC) by accelerating alcohol metabolism. It also aims to enhance clarity, energy, and mood. Backed by recent scientific research and expanding its distribution network, Safety Shot is positioning itself as a key tool for responsible alcohol consumption. Scientific Backing of Safety Shot The foundation of Safety Shot’s market proposition is its scientific validation, supported by significant results from a clinical trial conducted by the Center for Applied Health Sciences (CAHS) and announced on August 12, 2024. This double-blind, randomized, placebo-controlled study demonstrated the product's effectiveness in reducing BAC. Participants aged 24 to 46, with varying body weights, showed a dramatic reduction in BAC, with some experiencing rates that dropped 30%–50% faster than the placebo group. Key findings included consistent reductions in both breath and blood alcohol content, enhanced energy levels, and improved concentration. Participants also reported less head discomfort and fatigue, further substantiating the product's claims. Chief Operations Officer and co-inventor David Sandler highlighted, “These results are revolutionizing the wellness space as we continue to pioneer the world’s most innovative functional beverages.” Dr. Tim Ziegenfuss, CEO of CAHS, echoed this sentiment: “These results are highly encouraging, showcasing Safety Shot’s potential as a beneficial supplement for individuals consuming alcohol.” Expansion Through Partnerships Safety Shot, Inc. has pursued expansion through strategic partnerships, significantly enhancing its market reach. In early June, the company announced their partnership with Mr. Checkout, a national network of independent distributors and grocery distributors. This collaboration aims to introduce Safety Shot to over 200,000 independent retail locations across the U.S., leveraging Mr. Checkout’s expertise in launching and scaling innovative products. Chief Revenue Officer Josh Wagner expressed optimism about the partnership: “This is a significant step forward in exploring new verticals of accessibility for our revolutionary product. We are confident that with Mr. Checkout’s support, we will be able to expand Safety Shot’s presence into diversified retailers to meet our customers where they prefer to shop.” Expanding in New York and New Jersey Furthering its expansion efforts, Safety Shot partnered with Prime CSB, a boutique broker with a strong presence in New York and New Jersey, to enhance its footprint in these key markets. Prime CSB’s personalized distribution approach is expected to help Safety Shot gain a solid foothold in these regions, particularly as demand surges during the peak summer season. Pharmacy Integration with Capital Drugs Safety Shot’s distribution efforts extend into the pharmacy sector through a deal with Capital Drugs, placing its product in 300 pharmacies nationwide. This partnership aligns Safety Shot with its wellness mission, allowing it to reach a like-minded consumer base that frequents pharmacies for health and wellness products. Northeast Presence via Atlantic Beverage Distributors To further bolster its market presence in the Northeast, Safety Shot partnered with Atlantic Beverage Distributors, a key player in Massachusetts and Rhode Island’s beverage markets. This collaboration is expected to significantly enhance Safety Shot’s presence in the region, thanks to Atlantic Beverage Distributors’ deep understanding of the market and extensive distribution network. Wagner noted, “Their expertise in the beverage and spirits industry and dedication to working with specialty products align perfectly with where we want to take Safety Shot as we continue to grow and expand.” Nationwide Reach with KeHE Distributors The company’s nationwide expansion strategy received a significant boost through a partnership with KeHE Distributors, a leading distributor of natural and organic products in North America. This alliance is expected to bring Safety Shot to thousands of new retail locations across the country, capitalizing on KeHE’s vast distribution network. Conclusion With robust scientific evidence and a series of strategic partnerships, Safety Shot, Inc. is poised to become a leader in the wellness and dietary supplement industries. As it continues to disrupt the market and redefine responsible alcohol consumption, investors may want to be closely watching its progress. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Awareness Consulting to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 Mark@razorpitch.com Company Website http://razorpitch.com

August 13, 2024 06:00 AM Eastern Daylight Time

News Release

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM): Powering The Electrification Segment with AI-Driven Innovation

CNTM

In the push towards a clean energy future, electrification is emerging as a key strategy to reduce CO2 emissions and combat climate change. This shift is creating significant market opportunities, particularly for the companies at the forefront of this transition. As sectors across the economy move away from fossil fuels and towards electricity powered by renewable sources, the demand for innovative solutions that can optimize and manage this new energy landscape is on the rise. ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) is one such company, positioning itself to capitalize on this growing market. CNTM is a rising company in the electrification sector blending cutting-edge technology with a vision for a more sustainable future. With its AI-driven platform and focus on electrified energy assets, ConnectM could be a key player in advancing the electrification economy, offering investors a potential opportunity in a rapidly evolving sector. A Comprehensive Technology Platform At the core of ConnectM’s business is its proprietary Energy Intelligence Network, an all-in-one platform designed to monitor and manage electrified assets across their entire lifecycle. Serving over 50,000 customers and managing more than 100,000 assets, this platform collects anonymized performance data to refine AI models, continually enhancing network efficiency. By focusing on residential and light commercial applications, as well as all-electric OEMs, ConnectM is making electrification more accessible, efficient, and impactful. For investors, this data-driven approach could translate into a scalable and adaptable business model capable of meeting the growing demand for electrified energy solutions. Product Innovation Driving Market Penetration ConnectM’s recent launch of its intelligent heat pump system for residential and light commercial use showcases the company’s innovation within the electrification space. Integrated with the Energy Intelligence Network, this system leverages AI and IoT technologies to optimize heating and cooling efficiency. Considering that heating and cooling account for approximately 54% of total energy usage in single-family homes, according to the Energy Information Agency (EIA), ConnectM’s product could address a significant market need by reducing energy consumption and utility costs. CEO Bhaskar Panigrahi highlighted the importance of this advancement, noting that the heat pump “represents a major advancement in climate control technology.” The system’s potential to enhance energy efficiency, especially when combined with renewable energy sources like solar panels, may attract a broad customer base and drive further market penetration. Expansion Through Acquisitions ConnectM’s acquisition of a controlling interest in DeliveryCircle, a final-mile delivery service, signals the company’s intent to diversify and expand into adjacent markets. The acquisition, valued at up to $5.2 million, provides ConnectM with immediate exposure to the $165 billion U.S. couriers and local delivery services market. DeliveryCircle’s asset-light business model, relying on a network of independent contractors, complements ConnectM’s existing operations and could create synergies in fleet electrification and connected logistics. Panigrahi expressed optimism about the acquisition, stating, “This acquisition complements the robust organic growth we have achieved in recent years.” For investors, this move into last-mile logistics could potentially enhance ConnectM’s revenue streams, improve profitability, and support the company’s broader electrification goals. Performance Metrics Indicating Growth Potential ConnectM’s impact scorecard for the six months ending June 30, 2024, provides quantifiable insights into the company’s operational performance. During this period, ConnectM reported a 200% increase in electrified energy, reaching 87 GWh—enough to power 26,000 homes daily. This growth, alongside a 273% increase in CO2 sequestration and a 295% increase in fossil fuel displacement, underscores the scalability of ConnectM’s technology and its potential to contribute meaningfully to environmental sustainability. For potential investors, these metrics suggest that ConnectM’s platform not only drives customer adoption but also has the potential to deliver tangible environmental benefits. The consistent growth in these key performance indicators may signal the company’s ability to capture a larger share of the electrification market over time. ConnectM Technology Solutions, Inc. (Nasdaq: CNTM ) has a compelling opportunity in the electrification economy. The company’s focus on AI-driven technology, product innovation, and strategic acquisitions positions it to capitalize on the increasing demand for sustainable energy solutions. As CNTM advances its growth strategy, its commitment to integrating advanced electrified assets with cutting-edge technology has the potential to drive substantial long-term growth and profitability. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 mark@razorpitch.com Company Website https://razorpitch.com

August 13, 2024 06:00 AM Eastern Daylight Time

AAMS/ADM e Regolamentazione del Gioco in Italia

AM Europe

Il gioco d'azzardo in Italia è un tema complesso e soggetto a una normativa rigorosa. In questo contesto, i cosiddetti "casino non AAMS" rappresentano un argomento di crescente interesse. Ma cosa sono esattamente e quali sono le implicazioni legali? Cosa sono i Casino Non AAMS? AAMS è l'acronimo di Amministrazione Autonoma dei Monopoli di Stato, l'ente governativo italiano preposto alla regolamentazione del gioco d'azzardo. I NewsDirect casino non AAMS sono, quindi, piattaforme di gioco online che operano senza la licenza rilasciata dall'AAMS. La Regolamentazione del Gioco in Italia Il panorama del gioco d'azzardo in Italia è caratterizzato da una regolamentazione severa, volta a proteggere i giocatori e contrastare il gioco illegale. L'AAMS svolge un ruolo fondamentale nel rilasciare le licenze e nel monitorare l'attività dei concessionari. Le principali caratteristiche della normativa italiana sono: Licenza obbligatoria: Ogni operatore di gioco d'azzardo deve ottenere una licenza dall'AAMS per poter operare legalmente in Italia. Tutela dei giocatori: La legge italiana prevede misure di protezione dei giocatori, come i limiti di deposito e i sistemi di autoesclusione. Lotta al gioco illegale: L'AAMS e le autorità competenti sono impegnate nella lotta contro il gioco illegale e i siti non autorizzati. I Rischi dei Casino Non AAMS Giocare su piattaforme non autorizzate comporta diversi rischi: Mancanza di garanzie: I giocatori non hanno alcuna garanzia sulla sicurezza dei loro dati personali e finanziari. Gioco illegale: Utilizzare piattaforme non autorizzate è illegale e può comportare sanzioni. Mancanza di tutela: In caso di dispute o problemi, i giocatori non hanno alcuna tutela legale. Conclusione La scelta di giocare su un casino online deve essere fatta con consapevolezza. Optare per piattaforme autorizzate dall'AAMS è fondamentale per garantire sicurezza, trasparenza e tutela dei propri diritti. Ricordiamo sempre che il gioco d'azzardo deve essere considerato un divertimento e non una fonte di reddito. È importante sottolineare che questo articolo ha carattere informativo e non costituisce consulenza legale. Per maggiori informazioni: Sito ufficiale dell'AAMS: [ adm.gov.it ] Nota bene: La normativa italiana sul gioco d'azzardo è soggetta a modifiche. Per informazioni aggiornate, consultare sempre le fonti ufficiali. Vuoi saperne di più su un argomento specifico legato al gioco d'azzardo in Italia? Contact Details Vladimiro Lorenzo +49 2735 7227 Vladimiro.l@clo.com

August 12, 2024 11:30 PM Eastern Daylight Time

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SunPump Beta Launches on TRON, Driving Innovation in Meme Coin Development

SUN

Singapore, August 13, 2024 - SUN.io, a leading DeFi platform on TRON, is thrilled to announce the launch of SunPump Beta, the first dedicated platform for the fair launch and trading of meme coins. SunPump offers creators an accessible, low-cost way to launch their own meme coins in a secure and user-friendly environment. This innovative platform will elevate user engagement and promote a more autonomous trading experience. SunPump combines user-friendliness, fairness, and accountability. The operational mechanism streamlines token issuance and trading, allowing users to easily browse and select their preferred meme coins on the platform. A joint curve pricing mechanism provides direct and transparent access to token purchases. SunPump also offers flexible trading options, allowing users to sell their tokens whenever they choose. SunPump has implemented liquidity and burn mechanisms designed to maintain market integrity and foster community engagement. When a meme coin's market cap hits a predetermined threshold, the corresponding liquidity is automatically deposited into SunSwap V2 and subsequently burned. Key features: One-Click Token Generation: Users can easily create their own meme coins by inputting a token name and symbol, uploading an image, and paying a small fee. This streamlined process significantly reduces the barriers to entry. Bonding Curve Mechanism: The platform utilizes a joint curve pricing model that adjusts prices based on token supply, ensuring fairness and transparency. This approach reflects SunPump’s dedication to creating an equal trading environment. Instant Market Access: Newly created tokens are immediately listed on the SunPump platform, allowing users to buy and sell seamlessly. This approach guarantees liquidity and convenience, allowing for swift and seamless market engagement. Liquidity and Token Burn: When a token's market cap meets specific criteria, SunPump automatically injects preset liquidity funds into SunSwap and executes a token burn. This mechanism helps maintain equilibrium in market supply and demand. Transparency: All transactions on SunPump are public, allowing users to monitor activity and transaction histories. It's important to note that users are ultimately responsible for their trading decisions. To make participation even more accessible, SunPump has introduced a gas fee reduction program. This initiative lowers the cost of gas fees by 99% for activities like token launches, trading, and other related activities on the platform, particularly for meme coin-TRX trading pairs that add liquidity to SunSwap post-launch. TRON offers an ideal environment for developing meme coins. TRON's fast transaction speeds and low fees have garnered widespread market recognition, attracting over 2 million daily active users. As of August 2024, the issuance of TRON-based USDT exceeds $60.8 billion, comprising 53% of total USDT issued. This ample liquidity enhances trading efficiency and provides financial support for innovative projects. The launch of SunPump is a significant advancement for the TRON ecosystem. SunPump provides a fair and secure trading platform coupled with a range of user-friendly features. As community engagement deepens, SunPump will become a key player in the meme coin market, injecting new vitality and momentum into the ongoing evolution of the TRON ecosystem. About SUN.io SUN.io is the first decentralized autonomous platform on the TRON network, distinguished by its integration of stablecoin trading, comprehensive token exchange, and liquidity mining capabilities. As a cornerstone of the TRON ecosystem, SUN.io is dedicated to optimizing trading liquidity and asset returns for its users. The platform empowers participants to stake SUN tokens, earning veSUN, which unlocks a suite of exclusive benefits, including enhanced rewards and voting rights in the platform's governance. About SunPump SunPump stands as a groundbreaking platform on the TRON blockchain, specifically engineered to revolutionize the creation and trading of meme coins. By prioritizing simplicity, affordability, and fairness, SunPump eliminates traditional barriers in the token launch process, such as the need for pre-sales and team allocations, fostering a transparent environment for all participants. This user-centric approach ensures that anyone can effortlessly launch and trade meme coins, democratizing access to this vibrant market. Contact Details Karina.Wang marketing@sun.io

August 12, 2024 07:01 PM Pacific Daylight Time

News Release

Pawfury Presale Nears $5M Mark – Don’t Miss Your Chance to Join the Next Crypto Giant!

Cartel Blue, Inc

Pawfury (PAW) is making waves in the crypto world as its presale surges past the impressive $5 million milestone. Launched just weeks ago, Pawfury has quickly captured the crypto community’s attention, demonstrating its potential to be a major player in the evolving blockchain ecosystem. With a unique blend of community-driven initiatives and innovative features, Pawfury is not just another crypto project—it’s a dynamic ecosystem designed to appeal to traditional investors and the wider cryptocurrency market. This remarkable early success in its presale phase clearly indicates growing investor confidence and Pawfury’s potential for long-term impact in the crypto space. Pawfury (PAW) At first glance, one might be tempted to dismiss Pawfury as just another token in an already crowded market, but a closer look reveals a project with depth and ambition. Pawfury is committed to creating a decentralized, community-centric platform where participants have a direct say in its future direction. Built on robust tokenomics, Pawfury offers a balanced ecosystem where holders and participants are rewarded for their involvement, fostering a thriving community that actively contributes to its growth. Pawfury’s ecosystem is meticulously designed to be accessible and rewarding. It features DAO governance, where token holders can influence key decisions, a staking mechanism that offers additional rewards for those who lock in their PAW tokens, and an expanding suite of utilities for the token itself. This combination not only attracts a diverse range of participants but also ensures that the project remains resilient and adaptable in the fast-paced crypto environment. The PAW Token Central to Pawfury’s ecosystem is the PAW token, which plays a multifaceted role within the platform. Initially launched with a clear vision for deflationary mechanics, PAW is designed to increase in value over time. This is achieved through a structured vesting schedule and strategic burns, where a portion of the tokens are permanently removed from circulation, thereby increasing the scarcity and potential value of the remaining tokens. The value of PAW is further bolstered by its various use cases within the Pawfury ecosystem. From staking rewards to DAO governance, PAW is integral to every aspect of the platform. As the project continues to expand, the utility of the token is expected to grow, providing even more incentives for early investors and long-term holders alike. A Strong Start and Promising Future Pawfury’s presale is progressing through multiple planned phases, with each phase offering tokens at increasingly higher prices. Currently, in its penultimate phase, the token price is set to rise significantly, reflecting the strong demand and growing confidence in the project’s future. This impressive presale performance is not just a financial milestone; it marks a significant step forward for Pawfury as it gears up to launch its full suite of products. With a roadmap that includes the introduction of an NFT marketplace, P2E further development of its staking platform, and the implementation of full DAO governance, Pawfury is poised to make a lasting impact on the blockchain landscape. Exciting developments have been shared on Pawfury’s social media channels, including early progress on key features and the announcement of upcoming partnerships. As the project moves ahead of its original schedule, the team is preparing for the beta release of several key components of the Pawfury ecosystem, including a much-anticipated staking platform and advanced community governance tools. The future looks bright for Pawfury, and with the presale surpassing $5 million, the project is well on its way to becoming a cornerstone of the blockchain space. Whether you’re a seasoned investor or new to the crypto world, Pawfury offers a unique opportunity to be part of a project that is set to redefine the industry. Click Here To Take Part In Pawfury Presale Visit the links below for more information about Pawfury (PAW): Website: pawfury.com Whitepaper: www.pawfury static whitepaper.pdf.com Disclaimer: Content is being provided by Cartel Blue. Contact Details Pawfury Jonathan info@pawfury.com Company Website https://www.pawfury.com/

August 12, 2024 04:09 PM Eastern Daylight Time

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