News Hub | News Direct

News Release

Revolutionizing trucking safety: Cepton's LiDAR technology takes the wheel for semi safety

Cepton Inc

Cepton, Inc. Senior Vice President of Product Brunno Moretti joined Steve Darling from Proactive to discuss the crucial role of LiDAR technology in enhancing safety within the trucking industry in a recent interview. With a focus on the challenges posed by the sheer size and weight of semi-trucks, Moretti emphasized the need for effective detection systems, especially for autonomous and advanced driver assistance systems. LiDAR, capable of long-distance detection (over 300 meters) of small objects, addresses these concerns by providing comprehensive coverage around the vehicle, creating a protective cocoon. The technology aids in various safety aspects, including preventing trailer sway and jackknifing and ensuring safe parking. Moretti highlighted Cepton's engagement in Request for Quote (RFQ) discussions with major semi companies for autonomous driving applications, indicating a positive response and growing interest in LiDAR solutions. As the trucking industry continues to expand, the integration of LiDAR technology is poised to play a crucial role in promoting safer transportation. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

December 07, 2023 01:59 PM Eastern Standard Time

Video

International business rep.: CISCE establishes platform for global cooperation

China News Network

BEIJING, CHINA - Media OutReach Newswire - 7 December 2023 - China International Supply Chain Expo (CISCE), hosted by China Council for the Promotion of International Trade (CCPIT), was held in Beijing recently. Watch the 39-second video: http://www.ecns.cn/video/2023-12-06/detail-ihcvqepi7488707.shtml CISCE has established a new platform for global industrial cooperation and communication, said plenty of international enterprises. Their unwavering confidence in the Chinese market propels them to root themselves in this land and to be poised to provide products with higher quality for markets in and out of China. During the CISCE, 53 Fortune Global 500 companies, 57 Fortune China 500 companies, 25 top 500 Chinese private enterprises attended the exhibition. Apart from that, a bunch of specialized and sophisticated enterprises that produce new and unique products and hidden champions also took participation, presenting examples of supply chain cooperation between Chinese and international enterprises. "The inaugural supply chain expo is the right event at the right time," said Ngozi Okonjo-Iweala, director-general of the World Trade Organization. She further noted that some of the impacts faced by the supply chain actually exposed the fragility of the global production networks. Therefore, internationalization in global trade and supply chains should be strengthened, so that all links can play a role. CISCE is indeed a brand-new concept where everyone can find a place to seek out how to optimize supply chains so that's why such an Expo is significant, said Clas Neumann, Senior Vice President and Head of Global SAP Labs Network. As an open platform for international cooperation, CISCE has also sparked enthusiastic responses among global business community. Ge Yue, Apple's vice president and managing director of Greater China, said, "We have brought several very representative suppliers to the Expo. Of our top 200 global suppliers, 151 are in China." According to Zhang Yihao, president and CEO of GE Healthcare China, the advantages and resilience of China's supply chains are globally acknowledged. "Over the past 12 months, we have opened two new factories in China. China's supply chain offers significant advantages and plays a crucial role in stabilizing global business and trade development." Lily Guan is the President of Cargill China and she commended that CISCE has established an excellent platform that provides businesses with chances for them to communicate with government agencies, clients, and partners, enabling them to seize better opportunities and comprehend industrial trends. She further pointed out that Cargill continues to have a positive outlook on the Chinese market due to its paramount strategic significance. CISCE integrates trade, investment cooperation, innovation aggregation, and exchanges, aiming to build an open international cooperation platform that connects upstream, midstream, and downstream industries, facilitates integration among businesses of all sizes, fosters collaboration between enterprises, universities, research institutes and end-users, and promotes interaction between domestic and foreign enterprises. It vividly displays China's ongoing efforts in high-level opening-up and highlights the country's commitment to maintaining stability and connectivity in global industrial and supply chains, showcasing China's role as a responsible major player. During CISCE, over 360 conversations involving more than 15,000 participants have been held, with more than 20 results including reports, announcements and standards published. According to incomplete statistics, more than 200 cooperation deals and intention agreements have been reached, worth over a total amount of over 150 billion Chinese yuan. Contact Details Wen Tianxia guojixinwenbu@chinanews.com.cn

December 07, 2023 11:26 AM Eastern Standard Time

Image

Lithium Ionic Corp - The Western Hemisphere’s Next Significant Lithium Producer?

Lithium Ionic

By Jeremy Golden, Benzinga As one of the largest emitters of greenhouse gases in the global economy, the transportation sector is under heightened scrutiny. Experts are welcoming the transition from the more than 1.3 billion internal combustion engine vehicles currently on the road to electric vehicles (EVs), the largest source of demand for lithium. Essential to the production of lithium-ion batteries, lithium demand is expected to quadruple by 2030, making it a critical mineral that is fueling the green revolution. A mining company committed to the global energy transition is developing a nuanced, commercial-grade lithium operation economically and sustainably to support the EV and battery supply chains. Lithium Ionic Corp. (OTCMKTS: LTHCF) is developing lithium properties in Brazil with the goal of extracting lithium in the near future. Located in Minas Gerais state in Brazil, Lithium Ionic’s properties span 14,182 hectares, or more than 35,044 acres, in this prolific lithium province. Last month, Lithium Ionic published results that support a long-life and low-cost spodumene concentrate mining project with a post-tax net present value of $1.6 billion. In comparison, the company’s market capitalization is about $140 million. Bandeira Project – Granted Priority Status Since Lithium Ionic launched in May 2022, the company reports that its portfolio of properties has increased more than tenfold as it continues to assess prospective properties in this globally significant hard rock lithium district. Currently, the company is focused on advancing its flagship Bandeira Project toward a production decision. The Itinga basin, also known as Brazil’s “Lithium Valley,” is situated within the Eastern Brazilian Pegmatite Province, the largest lithium pegmatite province in South America. Experts view it as one of the most significant emerging lithium spodumene basins globally. The region boasts excellent infrastructure, including highway access, hydro-electrical grid power, water and nearby commercial ports. In July 2023, Lithium Ionic’s projects were granted priority status by the state of Minas Gerais regional government bodies, facilitating the acceleration of approvals and licensing through the development process and paving the way toward mine operation and production. Construction permits are expected to be obtained by mid-2024. Last month, Lithium Ionic’s 100%-owned Brazilian subsidiary, MGLIT Empreendimentos Ltda, entered into an agreement with Cemig Distribuição S.A., the largest electricity distributor in Brazil. With access to Cemig’s low-cost renewable hydroelectric power, Lithium Ionic will be prepared to fast-track Bandeira toward production by utilizing its existing power grid. In October 2023, Lithium Ionic reported an updated mineral resource and Preliminary Economic Study. The company reported that the numbers support projections that the Bandeira Project can be a highly profitable operation. Since reporting robust project economics, Lithium Ionic has announced multiple sets of drilling results that demonstrate the quality of the system and the project’s growth potential. Following the positive results from its 50,000-metre drill program, Lithium Ionic says it is rapidly advancing Bandeira, its flagship project, toward a production decision. While it continues to explore other regional targets, permitting activities are progressing and the project engineering is advancing. The Bandeira Project is in the same district where Companhia Brasileira de Litio’s Cachoeira mine has been producing lithium for more than 30 years. Nearby, Sigma Lithium operates the largest hard rock lithium deposit in the Americas through its Grota do Cirillo project. Drilling next to a multi-billion dollar lithium producer will allow Lithium Ionic to mirror this development by continuing to advance Bandeira. Lithium Ionic reports that Bandeira has delivered an 84% resource growth rate in less than four months, demonstrating its upside potential. “The growth trajectory of this deposit since we began drilling it in April 2022 is a testament to its significance within our large portfolio of properties in this belt and will continue to be a key driver of our success,” said Lithium Ionic CEO Blake Hylands. “Bandeira represents just a fraction of our land holdings, and our team strongly believes that our success at this property could be replicated at our other properties in the region with the same effort.” This Canadian company is advancing its lithium projects in Brazil’s mining-friendly jurisdiction which is quickly emerging as a world-class hard-rock lithium district. Follow its progress by visiting lithiumionic.com. Lithium Ionic is a Canadian mining company focused on becoming the next significant Brazilian lithium producer. Our properties are located in Brazil’s Minas Gerais state, a mining-friendly jurisdiction that is quickly emerging as a world-class hard-rock lithium-producing district. A recent PEA for the Bandeira Project indicates a long-life, low-cost, and highly profitable project with a Post-tax NPV8% of US$1.6B (~C$2.2B) and IRR of 121%. Our goal is to generate significant returns for our stakeholders by becoming the country's next producer of high-quality spodumene concentrate for the global lithium supply chain. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Caroline Arsenault +1 647-316-2500 info@lithiumIonic.com Company Website https://www.lithiumionic.com/

December 07, 2023 09:15 AM Eastern Standard Time

Applications for 2024 100 Best Fleets in the Americas are Now Open

NAFA Fleet Management Association

In celebration of remarkable achievements in fleet operations spanning the Americas, NAFA Fleet Management Association (NAFA), the foremost membership association in the vehicle fleet industry, is excited to unveil the launch of applications for the prestigious 2024 100 Best Fleets in the Americas competition. This year's competition will distinguish the top 100 Commercial Fleets and the top 100 Public Fleets, honoring outstanding fleet professionals with well-deserved accolades. In addition, NAFA will award two important individual awards: the Fleet Professional of the Year Award and the Fleet Technician of the Year. The competition is open to all fleets situated in North, Central, or South America. “This competition is a testament to the dedication and innovation prevalent in our community," said Mike Camnetar, CAFM, NAFA Board President and Fleet Services Manager at General Mills, Inc. “I encourage all eligible fleets to join us in this pursuit of excellence. The 2024 100 Best Fleets promises to be a platform where outstanding accomplishments and best practices shine. May this competition inspire all of us to reach new heights in advancing the standards of fleet management.” Applications for the 2024 100 Best Fleets contest will be open through Friday, January 26, 2024. Additional details and the online application can be found here. The winners of the 100 Best Fleets contest will be announced at the 2024 NAFA Institute & Expo (I&E) taking place April 22-24, 2024, in San Antonio, TX. The three day conference offers a blend of education, impactful conversations, networking opportunities, and products and services from the industry’s leading suppliers. More information about I&E can be found here. NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

December 06, 2023 01:30 PM Eastern Standard Time

Minuteman Press Franchise in Londonderry, NH Wins Business of the Year

Minuteman Press International Inc

For over 8 years and counting, Bob Bean has been the proud owner of the Minuteman Press franchise in Londonderry, New Hampshire located at 44 Nashua Road, Unit 18. When Bob purchased the business in October of 2015, he followed the Minuteman Press system and immediately became involved with several community groups and organizations. Thanks to Bob’s hard work and dedication, Minuteman Press in Londonderry has won the Business of the Year award from the Greater Derry Londonderry Chamber of Commerce. Bob accepted the award at the special awards dinner that was held on Oct. 12, 2023 at the Tupelo Music Hall in Derry NH. Bob shares his humble reaction to winning the award and provides his insights on the importance of being an active member of local groups in order to build relationships and generate referrals. He also talks about his journey to Minuteman Press and how his passion for helping others drives him today. What does it mean to you to win Business of the Year? H ow are you active in your community? Bob Bean: “Receiving the Business of the Year is a humbling experience. It was a surprise, I did not know that we had made such an impact in the Chamber and business community for this recognition. We have just tried to provide services to the businesses and the community to the best of our ability. It is great to be recognized and know that we are doing a good job with in the communities that we serve. I am involved in two local Chambers, member of the Rotary Club of Londonderry, and have been an active member in BNI for 8 years. I have made many connections with a lot of the non-profits in the area and work with them to help with their needs and support their functions. With the local rotary we have sponsored Christmas on the Commons, Senior High School Graduation Banners have donated to many non-profits and helped with fuel assistance during the winter months. I am also involved with the Freemasons in the state.” How would you best describe your community? Bob Bean: “ The Derry/Londonderry community are the largest two towns that are in the chamber and we have several smaller towns in the chamber also. New Hampshire does not have a lot of large metropolitan areas; it is made up more of small towns that are convenient to bordering states. Other than small businesses and small business owners, the majority of the communities are made up of people that work out of state. The people and businesses in the community are open and always look for ways to help each other when possible. As business owners, we all want to support each other and do what we can to see that we can grow and thrive.” What are some of the key ways you’ve grown your business? Bob Bean: “Networking is the key that has worked for us. Since 2015, I have been a member of the chamber and of BNI. I have always been very active in the networking area by going to meetings, ribbon-cuttings, events, and visiting businesses. We took advantage of the upgraded minuteman.com website to get some traffic through online channels. One of the other biggest ways we’ve built the business is through referrals from our customers and the organizations we work with.” What are your high-demand products and services? Bob Bean: “We have been able to provide direct mail services for many of our clients; this has been a big part of the business over the last few years especially during the pandemic. We also do a lot of marketing catalogs and Playbills for several theater groups and music groups.” What was your previous background? Why did you choose Minuteman Press? Bob Bean: “I was in the computer industry for almost 40 years. Most of my career was in management both in manufacturing and support. I was a Field Service Representative for a computer company for many years. Then, for 20 years, I was a Technical Support Manager for a supermarket chain. I chose Minuteman Press because of the research I did on the company and talking to the Regional Vice President and several store owners.” What has the support from Minuteman Press been like for you? Bob Bean: “Minuteman Press International support has been good on all levels. When I have a question, we can usually get an answer quickly. When there is an issue, support has been good at assisting in resolving the issue.” What are the biggest personal and professional rewards of owning your business? Bob Bean: “Personal and professional goals are similar in that I enjoy helping people and organizations. This business has given me the chance to connect with many more people and organizations to be able to help and give my knowledge and experience to them so that they can succeed.” What advice would you give to other business owners right now? Bob Bean: “Get involved with your local Chamber of Commerce and BNI Networking Group. These two are very critical to the growth and success of the business. Also, look into other organizations and groups like the Exchange, Rotary, Kiwanis, or whatever is in your area and local to your business. But do not just join these groups; get involved and be active in what is going on with the groups and be involved in the community. You get out of them what you put into them, so if you are active and visible then you will be the person or business that others will seek out and rely on for help and advice.” For more information on Minuteman Press in Londonderry, NH, visit https://minuteman.com/us/locations/nh/londonderry/ Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

December 06, 2023 09:10 AM Eastern Standard Time

Image

CAFM Live Returns to the 2024 NAFA Institute & Expo

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, is pleased to announce that CAFM Live will return at the 2024 NAFA Institute & Expo (I&E) in San Antonio, TX from April 21-24. This unique, add-on program to I&E covers all eight Certified Automotive Fleet Manager (CAFM) certification modules, offering a comprehensive curriculum to accelerate candidates' preparation for the CAFM examination and guide them toward successful certification. “In the fast-paced world of fleet and mobility, keeping up with the latest industry advancements is imperative,” said Bill Schankel, CAE, CEO of NAFA. “CAFM Live equips professionals with cutting-edge education, reinforcing their preparedness for the evolving challenges of our industry. We’re thrilled to have this innovative program back at I&E for another year.” The CAFM Live experience includes the following key components: Comprehensive Module Coverage: CAFM Live immerses participants in eight in-depth module sessions, addressing critical areas such as Asset Management, Business Management, Financial Management, Information Management, Maintenance Management, Professional Development, Risk Management, and Vehicle Fuel Management. Expert Insights: Participants will learn best practices and study tips directly from CAFM designees, gaining valuable insights that will enhance their exam preparation and overall proficiency in fleet management. Exclusive Access to NAFA’s Institute & Expo: Attendees of CAFM Live not only benefit from the program itself, but also gain complimentary access to NAFA's Institute & Expo. CAFM Live participants can explore exciting sessions, keynotes and the industry's largest Expo at no additional cost. Onsite CAFM Examination Opportunity: CAFM Live offers candidates the unique chance to complete the CAFM examination onsite, streamlining the certification process. Interested participants can learn more about CAFM Live, view the schedule and secure their registration here. NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

December 05, 2023 01:00 PM Eastern Standard Time

Classiq Unveils Comprehensive Suite of Quantum Applications on GitHub, Driving the Future of Quantum Computing Implementation

Classiq Technologies

Classiq, a pioneer in quantum computing software, today announced the launch of a comprehensive suite of quantum applications, algorithms, functions and tutorials, now publicly available in Classiq’s GitHub Repository. These algorithms and applications are all built with the Classiq platform and are open to the Classiq community. This groundbreaking release marks a significant milestone in the practical implementation of quantum computing, ensuring software advancements keep pace with the rapidly evolving quantum hardware landscape. Classiq developed the suite of new applications to empower the quantum community – as well as those investigating quantum – with an innovative approach to software development. The Classiq platform has been engineered to cater to a broad spectrum of industries, showcasing versatile applications in finance, logistics, quantum chemistry, cybersecurity and more. This extensive collection includes widely recognized quantum algorithms such as Shor, Grover and HHL, alongside a host of quantum functions critical for building robust quantum software. “Classiq’s mission is to enable building quantum programs, efficiently and at scale. This open repository places many of the common quantum programs at your fingertips,” said Amir Naveh, Chief Product Officer and co-founder of Classiq. “This provides our users the best way to learn how to build something new with Classiq. We believe this helps the quantum community build better and smarter quantum algorithms, at an accelerated pace.” At the core of Classiq’s philosophy is the belief that quantum algorithms should first be conceptualized as models. This unique approach enables the creation of optimized, hardware-aware versions of these algorithms. With the new application suite, the quantum community can easily explore and adopt this novel methodology for quantum software creation. Classiq also ensures that all resources in the GitHub repository synchronize with the latest version of the Classiq platform, providing a seamless and hassle-free experience for users. The repository is rapidly growing, with monthly additions from Classiq’s team, users and the broader community, reflecting the dynamic nature of the quantum computing field. In fact, Classiq welcomes contributions from those keen on shaping the future of quantum software. Enthusiasts are encouraged to join the collaborative effort, contribute to the growing library of applications and algorithms and engage with the community for support and feedback. All resources are accompanied by Jupyter notebooks and.qmod files, Classiq’s proprietary modeling language, ensuring easy accessibility and usability. Classiq’s commitment to education and hands-on learning is further reflected in a comprehensive library of tutorials, designed to maximize the potential of the Classiq platform. There are many ways to get involved: Participate in the Classiq Slack community Explore the capabilities of the Classiq platform Try implementing via Classiq’s GitHub Repository Classiq is at the forefront of the quantum revolution, bridging the gap between quantum hardware advancements and software development. With this comprehensive suite of quantum applications, Classiq reaffirms its commitment to fostering a vibrant, collaborative and cutting-edge quantum computing ecosystem. About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing software platform (IDE, compiler and OS) with a single point of entry into quantum computing, from algorithm design to execution. Tailored to all levels of developer proficiency, Classiq aims to democratize access to quantum computing with software that equips customers to take full advantage of the quantum computing revolution. A low-code development environment that automates quantum programming ensures that a broader range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of how to program quantum computer hardware. Classiq also works closely with advanced computation hardware providers providing software for use with quantum computers, HPC and quantum simulators. Backed by powerful investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking software development platform. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, join the Slack community, or try the Classiq platform. Contact Details Rainier Communications Michelle Allard McMahon classiqPR@rainierco.com Company Website http://www.classiq.io/

December 05, 2023 09:00 AM Eastern Standard Time

Classiq and Oxford Quantum Circuits Partner to Advance Seamless Quantum Computing and Data Center Convergence

Classiq Technologies

Classiq, a leading quantum software company, and Oxford Quantum Circuits (OQC), a pioneering quantum computing hardware company, today announced a partnership that aims to make advanced quantum computing more accessible and streamlined for users across research and industry. Classiq provides an end-to-end quantum software platform that automates the process of developing quantum software and executing it on quantum processors. The company's proprietary technology automatically synthesizes optimized quantum circuits from functional models, high-level quantum code or via Pyomo integration. OQC is focused on developing and building enterprise-ready quantum computers based on superconducting qubits. The company is committed to working with the best software partners to ensure ease of use and seamless implementation for its quantum systems. By partnering, Classiq and OQC will offer users a smooth flow including modeling, debugging, automatic quantum circuit synthesis, circuit optimization and execution on OQC's cutting-edge quantum hardware. Classiq's platform will be expanded to support executing algorithms optimized for OQC’s quantum processors, providing developers more options to select the right quantum backend for their needs, including the recently announced next-gen OQC Toshiko machine. As part of this collaboration, they will partner to further integrate their respective technologies with data centers and HPC (high-performance computing). "We’re excited to partner with OQC and help make their innovative quantum systems easily accessible to users through our software," said Nir Minerbi, CEO and co-founder of Classiq. "Together, we invite quantum developers to experience a streamlined workflow from design all the way to state-of-the-art hardware execution." "Classiq's software helps unlock the power of quantum by abstracting away complexity for developers. We are thrilled to be partnering with them to ensure our hardware can be used seamlessly by a broad quantum community to achieve real-world impact," said Ilana Wisby, CEO of OQC. This collaboration reflects both companies' commitment to advancing the quantum ecosystem by bringing together world-class quantum software and hardware. The joint solution will empower users across industries to realize the benefits of quantum computing and build the quantum future. About OQC OQC is the globally leading enterprise-ready quantum compute company. We bring quantum to our customers’ fingertips and enable them to make breakthrough discoveries. OQC Toshiko, a powerful and secure 32-qubit quantum computing platform, is now in private beta and coming soon on public cloud and data centre fabric. For more information: For more information: www.oxfordquantumcircuits.com About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing software platform (IDE, compiler and OS) with a single point of entry into quantum computing, from algorithm design to execution. Tailored to all levels of developer proficiency, Classiq aims to democratize access to quantum computing with software that equips customers to take full advantage of the quantum computing revolution. A low-code development environment that automates quantum programming ensures that a broader range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of how to program quantum computer hardware. Classiq also works closely with advanced computation hardware providers providing software for use with quantum computers, HPC and quantum simulators. Backed by powerful investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking software development platform. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, join the Slack community, or try the Classiq platform. Contact Details Rainier Communications Michelle Allard McMahon classiqPR@rainierco.com Company Website http://www.classiq.io/

December 05, 2023 09:00 AM Eastern Standard Time

TSA Records Busiest Air Travel Day in US History

MarketJar

Airlines just survived their busiest travel season in US history, with the Transportation Security Administration (TSA) reporting a record-high screening of 2.9 million passengers on Sunday alone. 1 American Airlines announced an all-time high of approximately 6.5 million passengers during the Thanksgiving period, and its busiest day on Sunday, with over 6,100 flights. United Airlines also saw a record-breaking number of travelers, with 3.2 million flying between November 17 and November 23, leading up to Thanksgiving. The record travel day happened in spite of a cross-country storm that delayed over 900 flights at the busy Chicago O'Hare International Airport. In total, there were 7,939 delays within, into, or out of the US on Sunday. 2 Fortunately, only 55 flights were canceled, three of which were out of O’Hare. This busy travel day could become the new norm as passengers return to the skies en masse. “In 2023, we have already seen seven of the top 10 busiest travel days in TSA’s history,” said TSA Administrator David Pekoske. 3 Pekoske said the TSA would be collaborating closely with airline and airport partners leading up to the holiday season, with a goal to maintain wait time standards of under 10 minutes for TSA PreCheck® lanes and under 30 minutes for standard screening lanes. Last week, US Transportation Secretary Pete Buttigieg mentioned efforts to enhance readiness for heightened holiday travel, including the recruitment of additional air traffic controllers and the establishment of new air routes along the East Coast. Travel last year rebounded to 2019 levels, but it was marred by weather and staffing challenges, resulting in dissatisfaction and stranded travelers during the holidays. This year, even more travelers means inevitably longer lineups at security checkpoints and longer wait times at major hubs, a problem that has been getting consistently worse as travel returns to pre-pandemic highs. Fortunately, AI security tech company Liberty Defense Holdings (TSXV:SCAN) (OTCQB:LDDFF) has started implementing its HEXWAVE™ system in airports across North America to greatly improve security screening for both passengers and staff. A Fast, Contactless Screening Liberty Defense ’s HEXWAVE™ system uses a combination of AI, electromagnetic waves, and 3D imaging to effectively scan and identify potentially hazardous items, such as metal, 3D-printed plastic guns, powders, and liquids. The process is remarkably swift, requiring employees to pass through a contactless walkthrough portal without having to remove their keys or cell phones. Liberty Defense has also recently acquired licenses for millimeter wave-based High-Definition Advanced Imaging Technology (HD-AIT) body scanners and shoe scanner technologies, expanding its technology portfolio. Liberty Defense has successfully delivered a HEXWAVE™ system to the Transportation Security Administration (TSA), marking the completion of the contract under the TSA’s On-Person Screening Capability Program for screening Aviation Workers. "Over the past several months, we have been working closely with major US airports, including LAX, Denver, Oakland, and others on enhancing employee screening to reduce the potential of an insider threat,” said Bill Frain, Liberty CEO. “The focus of the program is to improve the detection for a broader range of threats while also improving the throughput for a practical and efficient process. A significant number of airports will be required to improve their screening process over the next several months. We look forward to supporting the initiative and making it a seamless transition.” Given the TSA's directive to implement screening measures for aviation workers, airports need technologies that offer a comprehensive range of threat detection capabilities to meet current screening requirements and those anticipated in the future. Liberty Defense ’s superior security detection solutions are thus of great help in this matter. On November XX, Liberty Defense Holdings (TSXV:SCAN) (OTCQB:LDDFF) became a recipient of the 2023 ‘ASTORS’ Homeland Security Award from American Security Today (AST) for its HEXWAVE™ solution. The 'ASTORS' Homeland Security Awards Program honors outstanding government and vendor solutions that offer significant value and intelligence in government, homeland security, and public safety sectors. Click here for more information about Liberty Defense (TSXV:SCAN) (OTCQB:LDDFF). [1] https://abcnews.go.com/US/thanksgiving-travel-tsa-breaks-record-highest-number-daily/story?id=105178080 [2] https://www.flightaware.com/live/cancelled/yesterday [3] https://www.tsa.gov/news/press/releases/2023/11/13/tsa-prepared-more-travelers-airport-security-checkpoints-expects Disclaimer 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Liberty Defense Holdings Ltd. Market Jar Media Inc. has or expects to receive from Liberty Defense Holdings Ltd.’s Digital Marketing Agency of Record (Native Ads Inc.) ninety five thousand USD for 36 days (26 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on pressreach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on pressreach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Liberty Defense Holdings Ltd.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Liberty Defense Holdings Ltd.’s industry; (b) market opportunity; (c) Liberty Defense Holdings Ltd.’s business plans and strategies; (d) services that Liberty Defense Holdings Ltd. intends to offer; (e) Liberty Defense Holdings Ltd.’s milestone projections and targets; (f) Liberty Defense Holdings Ltd.’s expectations regarding receipt of approval for regulatory applications; (g) Liberty Defense Holdings Ltd.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Liberty Defense Holdings Ltd.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Liberty Defense Holdings Ltd.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Liberty Defense Holdings Ltd.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Liberty Defense Holdings Ltd.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Liberty Defense Holdings Ltd.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Liberty Defense Holdings Ltd. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Liberty Defense Holdings Ltd.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Liberty Defense Holdings Ltd.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Liberty Defense Holdings Ltd.’s business operations (e) Liberty Defense Holdings Ltd. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, Liberty Defense Holdings Ltd. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Liberty Defense Holdings Ltd. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Liberty Defense Holdings Ltd. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Liberty Defense Holdings Ltd. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Liberty Defense Holdings Ltd. or such entities and are not necessarily indicative of future performance of Liberty Defense Holdings Ltd. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

November 29, 2023 11:55 AM Eastern Standard Time

Image