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Chelsea Piers Fitness Unveils a Luxurious 60,000-Square-Foot Club in Flatiron

Chelsea Piers Fitness

Chelsea Piers Fitness today announced the opening of its Flatiron club at 308 Park Ave S in One Madison Avenue, marking a significant milestone in the brand’s expansion of its legacy throughout the New York City Metro area. With a focus on supporting the city’s evolution as a leader in sports, fitness, entertainment, and hospitality - Chelsea Piers continues to break down barriers and shape the future of fitness with an inclusive approach that embraces the local community with unique amenities and experiences. Located in the iconic One Madison Avenue building developed by SL Green, Chelsea Piers Fitness Flatiron spans over 60,000 square feet across four floors. This elite facility sets the standard for modern premium fitness, providing cutting-edge amenities such as a contrast therapy suite, meticulously crafted locker rooms that include relaxing steam and sauna experiences, and distinctive studio spaces with salt walls and infrared technology. A strong emphasis on community wellness can be seen throughout the facility as well, with the layout built to cultivate in-person social engagement. From a floor dedicated to co-working and social experiences to Roman bath inspired recovery spaces - Chelsea Piers Fitness is revolutionizing the fitness industry by reimagining the concept of a gym, transforming it into a true community with spaces designed for gathering. "Our expansion into the Flatiron community represents a milestone for Chelsea Piers Fitness, pairing our unmatched fitness experience with one of Manhattan’s most active neighborhoods," said David Tewksbury, CEO and Co-Founder of Chelsea Piers Fitness. "We designed our Flatiron club to be a destination where the community can come together to prioritize health and wellness. With extensive amenities and a strong focus on community and wellbeing, this new location embodies our dedication to making a positive impact on New Yorkers’ lives." To design a space that honors the brand’s deep roots in New York City and the essence of its new locale Chelsea Piers Fitness joined forces with Dan Fink Studio, a distinguished interior design and architecture firm. The club embodies a blend of modernity and heritage, combining cutting-edge wellness technology with timeless architectural motifs reminiscent of New York's iconic public buildings. Paying homage to Chelsea Piers Fitness' legacy, the design artfully integrates elements from its original location — including industrial red trusses and a grand staircase constructed with materials inspired by the flagship Pier 60, and custom leaded stained glass windows to represent the hues of the Hudson River. Furthermore, the club features a curated collection of commissioned artwork from local New York artists that celebrates the Flatiron neighborhood's spirit, adding a distinctive cultural layer to the member experience. “Designing this club was an unbelievable journey, weaving the rich history of both Chelsea Piers Fitness and New York City into an architectural narrative,” said Ariel Calderón, Vice President Architecture and Design at Chelsea Piers Fitness. “Our goal was to create a welcoming and inclusive space that embodies community and New York City’s dynamic spirit – a place where people can gather, exercise, work, and connect, capturing the essence of Chelsea Piers." Chelsea Piers Fitness’ Flatiron facility boasts top-of-the-line amenities and offerings, including: Himalayan Salt-Covered Wall + Infrared Yoga Studios – unique studio spaces that offer a myriad of health & wellness benefits Co-Ed Contrast Therapy Suite – communal wellness space offering opportunities for contrast therapy with a 10-person infrared sauna Boutique Classes – 120+ weekly classes run by top-tier group fitness instructors + personal trainers Fully-Stacked Strength + Cardio Floors – a strength floor offering a 4,000-square-foot multi-functional turf, boxing bags, TRX, olympic platforms, complimentary fitness assessments and more, plus a dedicated cardio floor stacked with a second functional turf, Peloton bikes, a fleet of Woodway equipment, and the only gym in NYC with the new Symbio treadmills from Life Fitness equipment. Massive Members Lounge + Co-Working Space – a 6,000 square foot lounge with numerous library-style tables and privacy booths, and a dedicated quiet-area Luxury Locker Rooms – immaculate steam & sauna experiences crafted with recovery and relaxation in mind, stocked with Malin + Goetz personal care products For more information about Chelsea Piers Fitness Flatiron and membership opportunities, visit fitness.chelseapiers.com/locations/flatiron. About Chelsea Piers Fitness The Chelsea Piers brand represents the New York Metro area’s most dynamic sports and fitness center with its original 28-acre waterfront sports village complex located between 17th and 23rd Streets along Manhattan’s Hudson River. Chelsea Piers opened in 1995, transforming four historic, but long-neglected, piers into a major center for public recreation and waterfront access. Situated on Piers 59, 60, and 61 in the head house that connects them, Chelsea Piers features the Golf Club, Field House, Sky Rink, Chelsea Piers Fitness, and Bowlero at Chelsea Piers; the Pier Sixty, Lighthouse, and Current event centers; along with movie and television studios and The Marina at Chelsea Piers. In June 2018, Chelsea Piers opened its first stand-alone fitness club, Chelsea Piers Fitness in Downtown Brooklyn. The Chelsea Piers Fitness brand redefines the traditional gym experience, incorporating state-of-the-art training options, studio-quality class experiences, open creative spaces, unique design, and first-rate customer service. The clubs offer a wide array of traditional fitness options such as hot yoga, Pilates, cycle, strength, and cardio as well as sports specific fitness options like swimming, boxing, rock climbing, basketball, and sand volleyball. Chelsea Piers Fitness club locations include Chelsea, Downtown Brooklyn, Flatiron, Prospect Heights Brooklyn, and Stamford CT. About SL Green Realty Corp. SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing the value of Manhattan commercial properties. As of June 30, 2024, SL Green held interests in 55 buildings totaling 31.8 million square feet. This included ownership interests in 28.1 million square feet of Manhattan buildings and 2.8 million square feet securing debt and preferred equity investments. About One Madison Avenue Developed by SL Green Realty Corp., One Madison Avenue is a 27-story newly developed office tower located in Midtown South, adjacent to Madison Square Park. The 1.4 million-square-foot office tower provides the highest standard for today’s workplace with forward-thinking amenities and a cutting-edge healthy work environment, in addition to an amenity-rich and curated retail collection at the base of the building. It features oversized roof terraces, “The Commons”, a 7,000-square-foot tenant-only amenity space and Le Jardin sur Madison, a one-of-a-kind 6,200-square-foot rooftop event space designed by renowned architect David Rockwell with a lushly landscaped 5,000-square-foot rooftop garden by SMI Landscape Architecture. The newly transformed office tower will also feature La Tête d’Or, a refined steakhouse by Michelin-starred Chef Daniel Boulud. Notable tenants include Chelsea Piers Fitness, International Business Machines Corporation (“IBM”), Franklin Templeton, Coinbase, Palo Alto and FanDuel. Contact Details Powers PR Alex Turk alext@powers-pr.com Company Website https://fitness.chelseapiers.com

August 01, 2024 09:12 AM Eastern Daylight Time

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Renowned Family-Run Hospitality Group Takes Over Three Iconic Virginia Dining Destinations

Pack Brothers Hospitality

Pack Brothers Hospitality is thrilled to announce the expansion of its esteemed portfolio with the addition of three iconic dining establishments, bringing a new level of excellence and personal touch to Virginia’s vibrant culinary scene. The new additions—Decoys Seafood and Bennetts Creek Marina, Vintage Tavern, and River Stone Chophouse—promise to deliver memorable dining experiences, each with its own distinct flavor and atmosphere. A Legacy of Excellence in Hospitality As a family-run duo, Pack Brothers Hospitality has a proven track record of quality, attention to detail, hospitality, and being community-minded. Known for their exceptional restaurants and hotels across Virginia, the Pack Brothers have cultivated a reputation for delivering unforgettable experiences through meticulous attention to detail and a genuine passion for hospitality at properties like Smithfield Station in Smithfield, Virginia, and The Surry Seafood Company in Surry, Virginia. “We are excited to welcome Decoys Seafood, Vintage Tavern, and River Stone Chophouse into the Pack Brothers family,” said Randy Pack, Co-Founder of Pack Brothers Hospitality. “Each of these restaurants has a storied history and a loyal following, and we are honored to build on their success. Our mission is to preserve the unique character of these establishments while infusing them with our commitment to excellence and personal service.” Introducing The Newest Additions in Suffolk, Virginia DECOYS Seafood Restaurant and Bennetts Creek Marina Waterfront Restaurant, Blind Duck Tiki Bar, Bennetts Creek Marina, and Cottages on the Point Escape the hustle and head to Decoys, with its stunning views of Bennetts Creek. This restaurant specializes in an innovative menu that features a range of gourmet comfort foods, from artisanal burgers and hand-cut fries to creative seafood dishes and farm-fresh salads. With its on-site seafood restaurant, 60-slip marina, The Blind Duck Tiki Bar featuring live entertainment on the weekends on its deck, and four luxurious cottages for your overnight stay, Decoys has a warm, inviting ambiance and is set to become the go-to spot for both casual dining and special occasions. VINTAGE TAVERN Step into a restaurant with genuine character where great food is served without pretension. A place that welcomes guests with a relaxed atmosphere and surrounds them with rustic arts and crafts architecture such as exposed beams, Rumsford fireplaces in each dining room, and game trophies in the lounge. From the exhibition kitchen come signature dishes prepared by the culinary team, among them an appetizing Taste of Southern Goodness sampler of homemade biscuits, house-made sausages, shaved Virginia ham, deviled eggs, house-made spreads such as strawberry jam, and seasonal entrees like oven-baked flounder with herb-onion spoon bread and lemon brown butter sauce. Vintage Tavern just received its two-stem award from Wine Spectator, showcasing its deep commitment to wine. The menu is truly Seasonally Southern. RIVER STONE CHOPHOUSE The River Stone Chophouse is Coastal Virginia’s premier Chophouse featuring Steaks, Seafood, and Raw Bar. The only restaurant locally aging Hereford Beef and custom cutting our own steaks to delight every carnivore. Signature dishes include a 22 oz. Dry Aged Ribeye, aged in-house for 28 days, Deviled Crab Dip, and Live Maine Lobsters. A rotating selection of oysters, plus seasonal salads and sides, complete the dining experience. Exceptional service combined with a carefully selected Two Stem award-winning wine list makes dining at River Stone an unforgettable experience. The Arts and Crafts inspired space includes a stone fireplace, romantic booths, dramatic lighting, an oyster and raw bar, and a vibrant bar scene featuring Happy Hour every weekday. A separate bar menu offers more casual selections including a ½ lb burger, House Cut Fries, and a Philly Steak Spring Roll. Outside the bar, the stone patio with a fire pit offers a relaxing atmosphere for an after-dinner cocktail or to enjoy a fine cigar. The second floor offers four private rooms with exceptional audio-visual to accommodate all your meeting needs. A New Chapter for Virginia’s Culinary Scene The acquisition of these celebrated restaurants marks an exciting new chapter for Pack Brothers Hospitality. The Pack brothers' passion for creating outstanding dining experiences and their commitment to maintaining high standards of quality and service will ensure that Decoys Seafood and Bennetts Creek Marina, Vintage Tavern, and River Stone Chophouse continue to be beloved destinations for locals and visitors alike. “We look forward to the dedicated teams at each restaurant and working together to uphold the high standards that these establishments are known for,” said Randy Pack, Co-Founder of Pack Brothers Hospitality. “Our goal is to honor the legacy of these iconic restaurants while introducing new elements that will delight our guests and keep these venues at the forefront of Virginia’s dining scene.” Company Links: Website: Pack Brothers Hospitality Decoys | Instagram Bennetts Creek Marina Vintage Tavern | Instagram River Stone Chophouse | Instagram #PackBrothersHospitality #VirginiaDining #DecoysSeafood #BennettsCreekMarina #VintageTavern #RiverStoneChophouse #SuffolkVirginiaRestaurants #FamilyRunHospitality #CoastalVirginiaCuisine #GourmetComfortFoods #SeasonallySouthern #WineSpectatorAward #HerefordBeef #Chophouse #RawBar #FineDiningVirginia About Pack Brothers Hospitality Experience Exceptional Hospitality: Discover a realm where luxury intertwines with approachability and warmth, where every detail is meticulously crafted to exceed your expectations. Pack Brothers collection of properties offers a sanctuary for those seeking refinement and rejuvenation along the Virginia coastlines. At Pack Brothers Hospitality, hospitality is not just a service—it’s a passion. Our dedicated team is committed to anticipating your every need and ensuring that your experience with us is nothing short of exceptional. Pack Brothers Hospitality is a family-owned and operated company known for its exceptional restaurants and hotels across Coastal Virginia. With a focus on quality, innovation, and personalized service, Pack Brothers Hospitality has established a reputation for creating memorable experiences that reflect a deep passion for hospitality and community. Contact Details Pack Brothers Hospitaltiy Randy Pack +1 757-357-7700 randy.pack@packbrothershospitality.com Company Website https://www.packbrothershospitality.com/

August 01, 2024 09:00 AM Eastern Daylight Time

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N6 Group Expands Portfolio with Launch of SHFT Labs

North Sixth Group

N6 Group (N6G), a family office operating company with interests in digital media and marketing, sports and entertainment, and technology, today announced the launch of its latest venture, SHFT Labs, a strategic think tank designed to tackle marketing challenges for today’s brands. SHFT was created to solve problems. Run by experts in creative, media, and technology, SHFT leverages its extensive understanding of marketing factors combined with AI technology to address the challenges faced by modern brands. With a unique think tank-style business model, SHFT complements existing teams and agency partners and works to solve specific problems that brands face in the areas of creative, media, social and tech. Once a solution has been determined, SHFT can execute across multiple touch points, from full-funnel cross-platform advertising campaigns and content creation to eCommerce design and development. SHFT integrates seamlessly with any team, working closely with brands on specific areas of focus. SHFT clients include Habitat for Humanity and renowned jewelry designer Sidney Garber. SHFT supported Habitat for Humanity by creating a social advertising campaign that brought in nearly $700K and broke their previous fundraising record. With Sidney Garber, SHFT created and launched the company’s eCommerce platform, an in-store experience for their high-end clientele. Recently, SHFT partnered with Daggers Football Club in England to overhaul its brand and Mental Golf Type, a company focused on unlocking golfers' mental state of play through personalized strategies, to accelerate its user acquisition strategy. In addition to providing a solutions-based approach for their clients, SHFT is bringing to market a revolutionary marketing platform called TIDL. Leveraging the unparalleled power of AI and machine learning, TIDL provides a FICO-type scoring for a brand’s overall marketing. “The synergy of content, web, and media fuels brand potential. When these components are in harmony, they create a seamless experience that captures users' attention and drives remarkable outcomes,” said Jason Jacquot, Head of Digital and Media for SHFT. As an expansion of the N6 Group family, SHFT joins a portfolio of best-in-class companies, including the recent acquisition of West of Fairfax, an all-female powerhouse social team led by Courtney Lopez, KRMA – the engine behind the N6 brand – and Club Underdog, an ownership group whose football clubs include Brooklyn FC (USA), Dagenham & Redbridge (London) and Campobasso FC (Italy), with investors Mark Consuelos and Kelly Ripa. "SHFT represents a natural evolution and expansion of the N6 Group brand," said Morgan Harris, CEO at N6 Group. "By harnessing the collective strengths of our diverse portfolio, SHFT’s think tank style allows for data-driven creative solutions to specific problems brands are facing by leveraging best-in-class creative, media and technology.” With a focus on innovation, creativity, and results-driven strategies, SHFT is committed to pushing the boundaries of digital possibilities. Through this new venture, N6 Group solidifies its position as an industry leader, providing clients with access to a wider array of cutting-edge services and expertise. For more information about SHFT Labs and the services offered, please visit shftlabs.ai. About North Sixth Group North Sixth Group LLC is a family office operating company. The company has wholly owned and minority interests in a variety of investments across multiple sectors all sharing a common vision of Passion, Purpose and Progress. Included in the North Sixth Group family of companies are leading public relations firm N6A; modern marketing and content house Studios; professional European football club SS Campobasso; and other holdings across media, marketing, technology, sports and entertainment, and emerging markets. Additionally, North Sixth Group dedicates financial, networking and human capital resources to community-based and philanthropic initiatives geared toward Passion, Purpose and Progress. About SHFT Labs We are problem solvers. An explosive and nimble team of strategists and human behavior analysts; creators and amplifiers who thrive on solving big challenges. We operate as a think tank, leveraging the unmatched power of AI to develop solutions across a brand's entire digital ecosystem. We are experts in creative, media, social, and tech, with years of experience helping brands of all sizes improve their digital marketing. We aim to diagnose the problem and develop a tailor-fit solution to drive long-term growth. Contact Details N6 Powered by KRMA Shayla Ridore shayla.ridore@n6krma.com Company Website https://northsixthgroup.com/

August 01, 2024 09:00 AM Eastern Daylight Time

AmeriLife Welcomes Elite Insurance Group to Its Rapidly Expanding Health Distribution Network

AmeriLife

AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, announced today that it has partnered with Elite Insurance Group, an independent, Reidsville, Georgia-based insurance brokerage that specializes in the Medicare, health insurance, and life insurance markets. Per the agreement, terms of the deal were not disclosed. “We are so happy to become part of the AmeriLife family,” said David Wilson, owner and Chief Executive Officer of Elite Insurance Group. “This partnership will allow us to take our business to the next level and ensure the continued success of our company.” “This partnership gives us and our employees the opportunity to provide outstanding resources and benefits that our clients deserve,” added Hunter Davis, Chief Operating Officer of Elite Insurance Group. “We look forward to expanding the excellence of the Elite Insurance Group brand with our new partners.” Elite Insurance Group, which is licensed in 28 states and has satellite offices in Alabama, Virginia, and Kentucky, has been serving the senior market since 2005, by simplifying the health and life insurance buying process for clients – all with a personal touch. As a full-service brokerage founded on the values of honesty, integrity, and trust, the company offers deep and diverse plan options from some of the industry’s top carriers to ensure its clients find the best benefits and savings for themselves and their families. As Elite Insurance Group joins AmeriLife’s growing Health Distribution organization, it will enjoy access to a number of best-in-class platforms, tools, and resources that will help accelerate its already impressive growth and serve more beneficiaries. “I’m thrilled to welcome David, Hunter, and their ‘Elite’ team to AmeriLife,” said Scotty Elliott, Chief Distribution Officer of Health for AmeriLife. “As we continue to navigate disruption and change throughout our industry, it’s important that we bring onboard strong, resilient partners who are built for clients’ needs today and tomorrow, and Elite Insurance Group is exactly that kind of partner. We can’t wait to get to work together.” ### About Elite Insurance Group Since 2005, Elite Insurance Group has been specializing in the senior market. As an independent insurance company, we strive to uphold professional values such as honesty, integrity, and trust. By following these guiding principles, we have become just what our name states: elite. Our mission at Elite Insurance Group is to support and provide our agents with the resources they need to serve the senior market with the appropriate selections of health and life insurance products they and their clients need. To learn more, visit Elite-InsGroup.com. About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as a leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and advisors and 120 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details Media Jeff Maldonado media@amerilife.com Partnership Inquiries Patrick Nichols corporatedevelopment@amerilife.com Company Website https://amerilife.com/

August 01, 2024 09:00 AM Eastern Daylight Time

Benchmark International Unveils the 2024 Global Transportation & Logistics Industry Report

Benchmark International

Benchmark International is excited to announce the release of its latest industry analysis, the 2024 Global Transportation & Logistics Industry Report. This detailed report provides vital insights into the growth, trends, and dynamics shaping the global transportation and logistics sector. The global freight and logistics market is projected to grow to $18.69 billion by 2026, with a compound annual growth rate (CAGR) of 4.4%. The logistics segment alone is expected to reach $6.55 trillion by 2027, growing at a CAGR of 4.7% from 2022 to 2027. This growth is driven by the increasing need for efficient and cost-effective transportation and storage solutions across various industries. The report highlights key drivers of market growth, including the rapid proliferation of trade agreements, technological advancements, and the surge in e-commerce. Technological innovations such as automated material handling equipment, robotics, GPS, and blockchain integration are transforming logistics operations, enabling real-time tracking and predictive management. The rise of e-commerce has significantly increased the volume of shipments, creating both opportunities and challenges for logistics companies. Key trends identified in the report include the adoption of green logistics solutions, the integration of advanced technologies, and the growth of the "last mile" gig economy delivery. These trends are shaping the future of logistics, with an emphasis on sustainability, efficiency, and customer satisfaction. The report also explores the anticipated activity in the mergers and acquisitions (M&A) landscape within the transportation and logistics sector. Lower interest rates and improved market conditions are expected to drive consolidation and expansion efforts, particularly in the U.S. and Canada. For more information and to access the full 2024 Global Transportation & Logistics Industry Report, please visit https://www.benchmarkintl.com/insights/2024-global-transportation-logistics-industry-report/ ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

August 01, 2024 09:00 AM Eastern Daylight Time

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Dragonfly Energy (NASDAQ: DFLI) Gets Foothold Into New Markets Through Massive $30M Licensing Deal With Stryten Energy

Benzinga

By Meg Flippin, Benzinga Stryten Energy, a leading North American battery manufacturer, and Dragonfly Energy Holdings Corp. (NASDAQ: DFLI), an industry leader in energy storage and manufacturer of lithium-ion batteries, inked what could amount to a significant licensing agreement to use Dragonfly Energy’s Battle Born Batteries ® brand in a lineup of lithium battery products for military, automotive, marine, power sports, lawn and garden and golf cart applications. Stryten Energy, a leading manufacturer of lead-acid batteries with over 2,500 employees and ten North American battery manufacturing plants, is significantly expanding its lithium battery operations through a new agreement with Dragonfly Energy. By integrating Dragonfly Energy's advanced technology, Stryten will offer customers across various industries a more sustainable and longer-lasting power solution. The deal, which is potentially worth over $30 million in licensing fees alone, is in the early stages of what is expected to be a broader partnership. In the initial stage, Dragonfly will contract manufacture lithium battery models for Stryten and provide custom battery design services tailored to its new market needs. Leveraging Stryten's strong retail relationships, Dragonfly anticipates seeing Battle Born Batteries branded products in major big-box stores. Additionally, the plan is to expand its technical support to accommodate the anticipated surge in customer demand. Busting Into New Markets For Dragonfly Energy, the licensing agreement is a game-changer. By partnering with Stryten Energy, the company significantly expands the reach of its Battle Born Batteries brand into new and lucrative markets. This strategic move will expose the Battle Born brand to a vastly wider customer base across industries such as military, automotive, marine, power sports, lawn and garden and golf carts. This increased visibility is expected to bolster brand recognition and solidify Battle Born's position as a leading name in lithium-ion batteries. Essentially, Stryten becomes a powerful distribution channel for Dragonfly, propelling Battle Born Batteries into the mainstream consumer and commercial markets. The collaboration aims to create a one-stop shop for battery solutions, catering to the growing demand for long-lasting batteries in consumer markets. Stryten will distribute a combination of existing Battle Born Batteries produced at Dragonfly Energy’s Nevada facility and jointly develop new battery models tailored to specific market segments. Leading with Sustainability Beyond market expansion, the partnership focuses on sustainability. Stryten will leverage its existing battery recycling infrastructure to create a closed-loop system for Battle Born Batteries products, ensuring proper disposal or recycling of returned products. Stryten's proven track record in sustainable lead battery recycling will be instrumental in developing a similar circular economy for lithium batteries. This commitment to environmental responsibility not only benefits the planet but also enhances the overall value proposition for customers who can be confident that their used batteries will be handled responsibly. Just The Beginning? “Stryten Energy is investing in domestic lithium battery assembly to support its next-generation lithium battery production for military, essential power and industrial applications,” said Mike Judd, CEO and President of Stryten Energy. “This partnership creates a path for Stryten to incorporate Dragonfly Energy’s future production of lithium battery cells in North America into batteries assembled in our facilities, a critical component to establishing a strong industrial base and achieving our country’s energy independence and sustainability goals.” This aligns with the U.S. government’s push for domestic battery manufacturing and energy independence. The two companies are natural partners, given Stryten’s focus on partnering with American-made battery packs. Dragonfly Energy, hailing out of Nevada – the epicenter of lithium mining in the United States – fits that bill. Dragonfly Energy's patented dry electrode battery manufacturing technology is revolutionizing the industry. A recent third-party assessment revealed that the company's process is not only cost-competitive with China's, even before considering tariffs and incentives like the IRA tax credits, but also significantly more sustainable. By eliminating toxic solvents, reducing energy consumption and producing PFAS-free electrodes, Dragonfly Energy is setting a new standard for environmentally friendly battery production. Demand Growing For Lithium Batteries Stryten is the latest high-profile deal Dragonfly Energy has entered into in recent weeks. In early July, it announced that is now providing power solutions to Refreshment Services Pepsi, a privately held independent bottler and distributor for Pepsi-Cola® (NASDAQ: PEP). Dragonfly is providing Refreshment Services Pepsi with lithium-based liftgate power solutions, saving the bottler money and lowering emissions compared to using lead-acid batteries. The company also hosted an event with Gina Raimondo, the United States Secretary of Commerce, and Nevada Senator Jacky Rosen, during which Rosen announced a $21 million investment in Nevada’s tech hub. The program is one of many around the country focused on scaling the production of critical technologies, including lithium batteries. Dragonfly Energy was selected to host the event because of its technology and was highlighted as an example of the technological innovation happening in Nevada, a key component of the program. With a strong focus on research and development, Dragonfly Energy is driving initiatives for its patented non-toxic, deep-cycle Lithium Iron Phosphate (LiFePO4) batteries in the United States. The company has a track record of securing over 90 patents, covering various aspects of battery pack design, cell manufacturing, battery communication technology and more. The deal with Stryten Energy underscores that commitment to growth. The world is moving to a greener future and lithium batteries and companies like Dragonfly Energy are playing an important role in that. With demand poised to increase and with Dragonfly Energy innovating on the lithium battery front, this deal could grow into more as the company continues on its path – and more deals may be coming. Featured photo courtesy of Dragonfly Energy. 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 not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 01, 2024 08:45 AM Eastern Daylight Time

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Theriva Biologics Advances Its Product Pipeline To Improve Survival Rates For Many Difficult-To-Treat Cancers

Benzinga

By Anthony Termini, Benzinga According to Cancer Research UK, "Cancer survival has doubled in the last 40 years, but progress hasn’t been equal across all types of the disease." Their research shows that survival rates of some forms of brain tumors and pancreatic cancers have barely improved in that time. One company has made it its mission to change that. Theriva TM Biologics Has A Novel Approach To Address Difficult-To-Treat Cancers Theriva Biologics (AMEX: TOVX) is headquartered in Rockville, Maryland, and its clinical research efforts span the Atlantic. Theriva is a leader in the development of oncolytic virus therapies – treating cancer with viruses that target tumors. The company recently announced positive results from one of its several ongoing clinical trials. Theriva’s oncolytic viruses are designed to address a wide range of difficult-to-treat tumor types. “Solid tumors are complex organ-like structures consisting of cancer cells, vasculature, and tumor matrix,” said Steven A. Shallcross, CEO of Theriva. He added that “this dense extracellular matrix, also known as stroma, hampers the intratumoral accessibility of chemotherapy, making them hard to treat.” And these are the challenges that Theriva seeks to address in a number of clinical trials. How Theriva Focuses Specific Oncolytic Viruses To Treat Various Cancers Theriva says its viruses have the potential to treat a broad range of difficult-to-treat tumor types. Their leading candidate, VCN-01, is a stroma-degrading oncolytic virus. It is intended to break down the tumor’s protective barrier and improve tumor access by co-administered cancer therapies and the patient’s immune system. It may be combined with other types of cancer therapies to treat a number of tumor types. Theriva has reported encouraging results from clinical trials in pancreatic cancer (PDAC), retinoblastoma and head and neck squamous cell carcinomas (HNSCC). Ongoing clinical trials conducted in collaboration with the School of Medicine at the University of Leeds in England and the University of Pennsylvania's Perelman School of Medicine are evaluating VCN-01 in other difficult to treat cancers.. Theriva’s additional next generation oncolytic viruses such as VCN-11, which incorporates the novel Albumin Shield technology, are in preclinical development in collaboration with researchers from at the Institut d’Investigació Biomèdica de Bellvitge ( I DIBELL) and the Catalan Institute of Oncology ( ICO ). These studies are being conducted to determine safe dosage protocols and assess potential toxicity issues. The data from the tests will help inform clinical trial plans and other important aspects of product development programs. In conjunction with Washington University in St. Louis, Theriva is also investigating an approach to prevent acute graft-versus-host disease (aGVHD), a common and serious immune complication in allogeneic hematopoietic cell transplantation (allo-HCT). Allo-HCT, commonly known as bone marrow transplantation, is used to treat hematologic cancers, which begin in blood-forming tissue or immune system cells. Theriva’s oral β-lactamase (SYN-004), is an antibiotic-degrading enzyme being evaluated as a way to prevent aGVHD and other serious side effects caused by extensive use of antibiotics in these high-risk patients.. Addressing Difficult-To-Treat Cancers Represents Significant Commercial Opportunity The various types of solid tumors that Theriva’s oncolytic virus therapies treat represent a global commercial opportunity that could be as large as $532 billion by 2032, according to Precedence Research. Other analysts estimate the global market will be over $885 billion by 2033. Grand View Research estimates the global retinoblastoma treatment market will reach more than $3.3 billion by 2030. In its estimate of the growing market for treating the disease, Grand View attributes growing advancements in medical technology and the rising incidence of retinoblastoma. Theriva Has High Hopes For Its Therapies In a poster presented at the 2024 meeting of the American Society of Clinical Oncology, the principal investigator and country coordinator of Theriva’s main clinical site in Spain, Dr. Rocio Garcia-Carbonero detailed the clinical trial design for the VIRAGE Phase 2b clinical trial of VCN-01 when administered to PDAC patients in combination with standard of care chemotherapy. In a recent interview, Garcia-Carbonero noted that metastatic PDAC has a high fatality rate despite recent treatment advancements. While the field has seen minimal improvement in standard care for decades, she said that she has “high hopes for VCN-01 due to its unique mechanism of action, which differs from traditional chemotherapy. VCN-01 aims to induce a robust immune response against the cancer.” More information about Theriva’s oncolytic virus therapies is available on the company’s website. Featured photo by Prawny 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 01, 2024 08:35 AM Eastern Daylight Time

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Abaxx and MineHub Forge Strategic Partnership to Revolutionize Commodities Markets

MarketJar

On behalf of MineHub Technologies Inc. As the energy transition accelerates, the mining industry faces labor strikes, transport constraints, and natural disasters, impacting copper availability and costs. Despite easing bottlenecks, geopolitical risks and climate issues still affect shipping. Governments and businesses focus on secure mineral sourcing and strategic endeavors to stabilize supply chains. MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBD) is improving the efficiency, resilience, and sustainability of the metals and mining industry through its digital supply chain platform. The platform offers enterprise-grade digital solutions that connect buyers, sellers, laboratories, and financiers within physical commodities supply chains through a digitally integrated workflow. This workflow is powered by data that is usable, shareable, verifiable, and unforgeable. MineHub solutions give users complete control over their supply chains, allowing them to optimize resource use, respond quickly to disruptions, and deliver superior customer service. Major global enterprises already utilize MineHub solutions for logistics, compliance, trade management, and financing operations. Abaxx Is Acquiring an 11% Ownership Interest in MineHub MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBD) recently announced a share exchange agreement with Abaxx Technologies Inc, where Abaxx will acquire an approximate 10.9% ownership interest in MineHub. This partnership aims to drive digitization more broadly within the physical commodities markets. Abaxx, the indirect majority-owner of Abaxx Exchange and Abaxx Clearing, has developed and deployed technologies that unlock latent value in global markets, making communication, trade, and transactions easier and more secure. The companies share a mission to improve data transparency and empower market participants with better tools to navigate the evolving commodities landscape, which faces challenges such as climate change, the energy transition, and increasing regulatory pressure. Comprehensive digital tools are essential to adapt to this changing environment. Abaxx and MineHub are partnering to explore a wide range of commercial and product collaboration opportunities, leveraging their collective expertise and capabilities to enhance value for customers and shareholders. The collaboration aims to integrate Abaxx and MineHub digital tools to broaden the value available to customers and increase commercial traction. It will also facilitate entry into new commodities markets beyond MineHub 's historical focus on copper and aluminum. Additionally, the partnership will utilize Abaxx's ID++ identity protocol to enrich MineHub 's secure and user-friendly communication tools. This collaboration will strengthen the physical commodities market's ability to meet evolving sustainability requirements, such as reporting, carbon offsetting, and traceability. Furthermore, it will enable more efficient and secure hedging by bridging physical and financial commodities data while maintaining data privacy. Lastly, the partnership will promote compliance within the dynamic global regulatory landscape. Andrea Aranguren, President, CEO, and Director of MineHub, highlighted the numerous collaboration opportunities with Abaxx, emphasizing how the partnership will leverage their combined strengths to capitalize on market momentum and expedite tool adoption, ultimately maximizing customer value. Under the Share Exchange Agreement, MineHub will receive Abaxx common shares in exchange for issuing its own shares, representing a certain percentage of MineHub. Abaxx will also receive MineHub share purchase warrants, exercisable for three months from the Closing Date. If exercised, these warrants will increase Abaxx’s ownership to 19.9% MineHub Reports Record Revenue for Fiscal Q1-2025 MineHub achieved record revenue of $776,000 in Fiscal Q1-2025, marking a 127% increase compared to Fiscal Q1-2024. This revenue included $300,000 from the completion of a successful development project. MineHub is experiencing accelerating customer activity with several industry leaders, including Codelco, Sumitomo, Surecomp, and Southwire. By the end of Fiscal Q1-2025, the company had expanded its ecosystem to include over 165 companies connected to MineHub ’s network. Click here to learn more about MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBD). Disclosure: 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, Minehub Technologies Inc. Market Jar Media Inc. has or expects to receive from Minehub Technologies Inc.’s Digital Marketing Agency of Record (Native Ads Inc) one thousand seven hundred USD for this article. 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. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 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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 Minehub Technologies Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. 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These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Minehub Technologies Inc.’s industry; (b) market opportunity; (c) Minehub Technologies Inc.’s business plans and strategies; (d) services that Minehub Technologies Inc. intends to offer; (e) Minehub Technologies Inc.s milestone projections and targets; (f) Minehub Technologies Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Minehub Technologies Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Minehub Technologies Inc.’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 Minehub Technologies Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Minehub Technologies Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Minehub Technologies Inc.’s ability to enter into contractual arrangements with additional parties; (e) the accuracy of budgeted costs and expenditures; (f) Minehub Technologies Inc.’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 Minehub Technologies Inc. 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) Minehub Technologies Inc.’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 Minehub Technologies Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Minehub Technologies Inc.’s business operations (e) Minehub Technologies Inc. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Minehub Technologies Inc. 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. 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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

August 01, 2024 08:30 AM Eastern Daylight Time

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Copper Is Having a Resurgence Thanks To Renewable Energy And EV Push, And World Copper Is Positioning Itself To Benefit

Benzinga

By Meg Flippin, Benzinga There’s been a lot of excitement lately around the new highs gold has been achieving, but another metal also seems to be witnessing a resurgence – copper. So much so that, by some estimates, 2035 demand is forecast to outstrip supply to the tune of 22 billion pounds per year. Driving a lot of that demand are the renewable energy and electric vehicles sectors, and the general global push toward electrification. The world is moving toward a greener future and copper is helping get it there. Over the next decade, copper consumption is forecast to increase by a minimum of ten million metric tons. It's already in a tight supply environment, which drove copper prices to a two-year high earlier this year. All of it is good news for World Copper Ltd. (OTC: WCUFF), the Vancouver-based miner that happens to have a copper mining project in Arizona, a state rich in the “eternal metal.” In the early 20th century, Arizona was the world’s copper mining capital. Today it is responsible for about 74% of the country’s copper. It is home to some of the world’s largest copper mines including Morenci Mine, owned by Freeport-McMoRan Inc. (NYSE: FCX). All told, there are ten major copper mines in the state. World Copper’s proximity to these mines should bode well for the company’s position and future growth. “Copper's essential role in electrification, renewable energy infrastructure and electric vehicles underscores its strategic importance,” wrote StockResearch Today in a recent report looking at World Copper’s prospects. “Copper prices are projected to remain strong due to supply constraints and increasing demand, which can drive up copper prices and, consequently, the company's profitability. Strategically Located Mine World Copper’s Zonia project, which is in the Walnut Grove Mining District, Yavapai County, Arizona, consists of 96 patented and 185 unpatented mineral claims, 566.85 acres of surface rights acquired from the state of Arizona and 376 acres purchased from a private estate – all totaling 4,373 acres. Zonia is a near-surface, copper-oxide resource and a brownfield site having already been pre-stripped and mined in the late 1960s and '70s. The project has been significantly de-risked with over 50,000 meters of drilling completed to date and with substantial amounts of detailed engineering completed. The Zonia project's most recent mineral resource estimate includes 75.7 million short tons grading 0.30% total copper (Indicated Resources) containing 450.5 million pounds of copper and 122 million short tons grading 0.24% total copper (Inferred Resources) containing 575.4 million pounds of copper. With a favorable NPV of $192 million at $3.00/lb copper and resource expansion potential, Zonia represents a low-risk, high-reward investment, World Copper says. Furthermore, World Copper recently identified a new opportunity at the mine, finding what could amount to over 14 million tons of historically mined material available for re-processing. "The prospect of re-processing historically mined mineralized material would add more value and provide additional upside to the Zonia Project, and it is a unique potential value opportunity,” said Gord Neal, CEO of World Copper. “In mining projects, any opportunity to start production early and to generate revenue right from the start of the operations, can greatly improve the economics of the project, increasing the net present value (NPV) and reducing the financing needs, making the project more robust, and lowering the execution risk." A Green Edge The Zonia mine boasts several infrastructure advantages including on-site power and water, road and rail access, close proximity to major cities and existing mining operations, which brings down production and transportation costs. Arizona is also a mining-friendly state making it easier to obtain permits. Proximity and infrastructure aren’t the only advantages World Copper can boast of – the company also has an environmentally friendly and cost-effective mining process. As it stands, World Copper estimates that 85% of global refined copper production comes from sulphide concentration and smelting. It's expensive, slow to develop and harmful to the environment. Only 15% of global refined copper production comes from oxide deposits, which are cheaper, faster and greener. World Copper is among the handful of miners using oxide deposits. But that’s not all. Its SX-EW (solvent extraction-electrowinning) process eliminates the need for smelting, lowering emissions. All told, World Copper is cutting costs and curbing emissions by 38%. The goal is to achieve net zero CO2 emissions. Mining companies are being put under increasing pressure to adopt sustainable mining practices, and embracing them increases the company’s appeal to ESG-focused investors. Seasoned Management Team It shouldn’t be too surprising that World Copper says the Zonia project is moving along hiccup-free – the company is run by a seasoned team of professionals led by CEO Neal. Neal has extensive experience in the metals and mining sector, as well as in capital markets, corporate governance, corporate finance and investor relations. Board members Derek White, who has over 35 years of experience in senior management and mine building, and Myron Smith, who has successfully permitted multiple mining projects in Arizona, round out the pedigree, which includes several other C-suite players. World Copper says its experienced team enables it to efficiently navigate project development, regulatory challenges and market dynamics, increasing the likelihood of project success and value creation for investors. Copper is playing an important role in the world’s transition to green energy and World Copper is positioning itself to be a major supplier of the eternal metal. With a mine strategically located in Arizona, a green and low-cost approach and a deep management bench, World Copper may prove to be an ESG holding that’s around for the long haul. Featured photo by Karim Ghantous 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 01, 2024 08:30 AM Eastern Daylight Time

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Abaxx and MineHub Forge Strategic Partnership to Revolutionize Commodities Markets

Copper Is Having a Resurgence Thanks To Renewable Energy And EV Push, And World Copper Is Positioning Itself To Benefit