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Knightscope (NASDAQ: KSCP) Achieves Major Milestone As It Becomes An Approved Provider For the U.S. Federal Government

Benzinga

By Faith Ashmore, Benzinga While crime has always existed in human society, the scale and threat of crime can arguably rise higher with advancements in technology. Just as how we fight wars has changed, so have the methods of crime. The economic cost of crime is astronomical; in the U.S. the cost of crime is over $2.5 trillion in a single year. Studies have shown that violent crimes against young people have also been rising. When looking at crime rates and the communal cost, it's important to think about how modern technology can be implemented in solutions. Knightscope (NASDAQ: KSCP), a technology company ushering in the dawn of Autonomous Security Robots (ASRs), has spent the last decade demonstrating the potential of robots in security to the country through a large-scale proof of concept. The company currently has a suite of products ranging from stationary Blue Light emergency systems to self-driving ASRs. The CEO of Knightscope, William Santana Li, has shared that the long-term goal is to build a wide range of technologies encompassing incognito small devices to robots that can patrol cities, highways – and everything in between. The CEO believes the company has completed phase 1 of the company’s mission with over $30 million in lifetime revenue, as well as contracts across the country. The company has cemented phase 1 with the announcement of a major milestone by receiving its Authority to Operate (“ATO”) from the Federal Risk and Authorization Management Program (“FedeRAMP”), which is sponsored by the U.S. Department of Veterans Affairs. This achievement means that Knightscope will eventually be listed as an approved provider for federal agencies. The company can now also begin its deployment process to perform on the contract awarded by the VA. “Knightscope’s ATO achievement proves our organizational focus on cyber security and our unwavering commitment to our mission of better securing our country… We believe going through this intense and rigorous process has improved our security posture, which also will positively impact commercial and civilian applications,” shared Mercedes Soria, EVP and Chief Intelligence Officer, who led the nearly 3-year effort in reaching the key milestone. CEO Li believes that with this milestone accomplished, the company is firmly on its way through phase 2 of the company’s growth, with a focus on sustained and increased profitability. The major goals of Knightscope's phase 2 are focused on improving organizational efficiency, increasing margins, introducing new products and technologies and exploring potential acquisitions. To achieve these goals, the company aims to streamline management decision-making, reduce fixed costs, consolidate purchasing activities, re-engineer its supply chain and redesign systems and subsystems. Knightscope has set targets for margins on its K1B portfolio and ASRs and plans to scale up its operations to achieve profitability by the end of the year. Knightscope is also actively pursuing the development of new products, such as the K7 ASR for private roads and properties, and exploring potential acquisitions in the autonomous vehicle space. The company hopes that these efforts will effectively accelerate technology and product development towards a future that brings the K10 ASR into production faster for autonomous patrol of cities and highways. Becoming a federal supplier means that the company’s market has now been extended beyond city and neighborhood authorities to the federal government – in Fiscal Year 2022, the federal government committed about $694 billion to contracts. Ten years ago, the idea of robots being instrumental in public safety was an idea for the big screen but not yet tangible. Knightscope seems to have successfully demonstrated the efficacy of robotics and is looking to expand its presence in phase 2. The company seems well positioned to be a major force in the robotics market, which was valued at $31.38 billion in 2021 and is expected to reach $110.39 billion by 2030 with a CAGR of 15% from 2022-2030. Click here to read more about the company’s future plans from CEO William Santana Li Photo by Knightscope 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. AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT IS AVAILABLE HERE. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 28, 2024 08:25 AM Eastern Standard Time

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Moving Fast: Candel’s (NASDAQ: CADL) CAN-3110 Granted FDA Fast Track Designation For Recurrent High-Grade Glioma Following Fast Track Designation For CAN-2409 In Pancreatic Cancer

Candel Therapeutics

By Jeremy Golden, Benzinga A clinical-stage biopharmaceutical company has been granted Fast Track Designation by the FDA for a first-in-class drug candidate. Focused on developing multimodal biological immunotherapies to help patients fight cancer, Candel Therapeutics, Inc. (NASDAQ: CADL) was granted the designation for CAN-3110, a replication-competent herpes simplex virus-1 (HSV-1) oncolytic viral immunotherapy candidate for patients with recurrent high-grade glioma (HGG). The Needham, Mass.-based company hopes CAN-3110 will improve overall survival in this patient population. A phase 1b clinical trial of CAN-3110 in recurrent HGG, led by E. Antonio Chiocca, MD, PhD, Head of the Department of Neurosurgery at Brigham & Women’s Hospital and Professor at Harvard Medical School, is ongoing. Candel Therapeutics plans to report additional data, including the potential benefits from multiple injections of CAN-3110, from the clinical trial in the second half of 2024. Designed to facilitate the development and expedite the review of medicines that can treat serious conditions, Fast Track Designation offers an investigational medicine eligibility for more frequent interactions with the FDA to discuss the candidate’s development plan. The medicine may be eligible for priority review if relevant criteria are met. “Receiving FDA Fast Track Designation for CAN-3110 reinforces the critical need to find effective treatment options for patients with recurrent HGG and further supports the potential of CAN-3110 to address the challenges that the standard of care and conventional therapies have failed to meet,” said Paul Peter Tak, MD, PhD, FMedSci, President and CEO of Candel. “A strong local and systemic anti-tumoral response and improved survival in patients with recurrent HGG was observed following a single injection of CAN-3110 in the Phase 1b trial.” Additionally, Candel and academic collaborators at the Brigham and Women’s Hospital published results from the ongoing phase 1b clinical trial in the high-impact journal Nature, demonstrating that CAN-3110 was well tolerated with no dose-limiting toxicity reported. The investigators observed a near-doubling of the expected median overall survival (mOS) after a single CAN-3110 injection, achieving a mOS of about 12 months, compared to historical reports of less than 6 to 9 months in this therapy-resistant condition. Positive HSV-1 serology was a predictor of response and was associated with improved survival; the mOS in this population reached 14 months. 50 to 80% of American adults have oral herpes (HSV-1), which causes cold sores or fever blisters near or in the mouth. Caused by HSV-1 or HSV-2, genital herpes affects one out of every six people in the U.S. aged 14 to 49. Furthermore, increased infiltrating immune cells in the tumor microenvironment and expansion of the T cell repertoire after administration were also associated with improved survival, suggesting that CAN-3110 can elicit both a local and systemic antitumoral response. “Recurrent HGG is one of the most aggressive malignancies for which there is no cure, representing a significant and urgent unmet need,” Chiocca, the study director, said. “With Fast Track Designation, I look forward to the potential of accelerating the development of CAN-3110 and the possibility of bringing this differentiated therapy to patients with recurrent high-grade glioma as we strive to improve outcomes and provide hope for patients and their families.” In December 2023, Candel Therapeutics also received Fast Track Designation for both non-small cell lung cancer (NSCLC) and pancreatic cancer, a validation from the FDA on the potential of CAN-2409, its most advanced product candidate. An investigational viral immunotherapy, CAN-2409 is designed to stimulate an individualized, systemic immune response to the patient’s specific tumor. CAN-2409 plus valacyclovir in combination with continued PD-1/PD-L1 agents is being evaluated in an ongoing, open-label phase 2 clinical trial in patients with late-stage NSCLC. Featured photo by Hush Naidoo Jade Photography on Unsplash. Candel is a clinical stage biopharmaceutical company focused on developing off-the-shelf multimodal biological immunotherapies that elicit an individualized, systemic anti-tumor immune response to help patients fight cancer. Candel has established two clinical stage multimodal biological immunotherapy platforms based on novel, genetically modified adenovirus and herpes simplex virus (HSV) gene constructs, respectively. CAN-2409 is the lead product candidate from the adenovirus platform and is currently in ongoing clinical trials in non-small cell lung cancer (NSCLC) (phase 2), borderline resectable pancreatic cancer (phase 2), and localized, non-metastatic prostate cancer (phase 2 and phase 3). CAN-3110 is the lead product candidate from the HSV platform and is currently in an ongoing investigator-sponsored phase 1 clinical trial in recurrent high-grade glioma (HGG). Finally, Candel’s enLIGHTEN™ Discovery Platform is a systematic, iterative HSV-based discovery platform leveraging human biology and advanced analytics to create new viral immunotherapies for solid tumors. This article includes certain disclosures that contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, express or implied statements regarding the timing and advancement of development programs, including the timing and availability of additional data, key data readout milestones, including CAN-3110 in HGG; expectations regarding the potential benefits conferred by Fast Track Designation; expectations regarding the therapeutic benefit of its programs, including the potential for its programs to extend patient survival; and expectations regarding cash runway and expenditures. The words “may,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this press release are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including, without limitation, those risks and uncertainties related to the timing and advancement of development programs; expectations regarding the therapeutic benefit of the Company’s programs; that final data from our pre-clinical studies and completed clinical trials may differ materially from reported interim data from ongoing studies and trials; the Company’s ability to efficiently discover and develop product candidates; the Company’s ability to obtain and maintain regulatory approval of product candidates; the Company’s ability to maintain its intellectual property; the implementation of the Company’s business model, and strategic plans for the Company’s business and product candidates, and other risks identified in the Company’s SEC filings, including the Company’s most recent Quarterly Report on Form 10-Q filed with the SEC, and subsequent filings with the SEC. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company disclaims any obligation to publicly update or revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements. Any forward-looking statements contained in this press release represent the Company’s views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Aljanae Reynolds +1 617-916-5445 areynolds@wheelhouselsa.com Company Website https://www.candeltx.com/

February 28, 2024 08:15 AM Eastern Standard Time

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Lithium Chile Announces Favorable Results at New Arizaro Exploration Hole

Lithium Chile Inc.

CALGARY, ALBERTA – TheNewswire - February 28, 2024 – Lithium Chile Inc. (TSXV:LITH) (OTC:QB) (“ Lithium Chile ” or the “ Company ”) is pleased to provide an operational update on its Salar de Arizaro Project in Argentina, highlighting significant progress on the Company’s northeastern claims including sampling results from hole ARDHH-08. HIGHLIGHTS: One diamond drill hole was completed at the Arizaro Project: The hole encountered brine rich formations in areas not previously drilled.  Results from drilling provide for potential significant resource upside.  A new diamond drill hole, ARDDH-9 is currently underway.    ARGENTINA OPERATIONS - ARIZARO PROJECT:   ARDDH-08 has been drilled to a depth of 606-metres with a brine-rich, sandy formation encountered at 200 - metres. The bailer samples sent to Alex Stewart Laboratory, Jujuy, Argentina reported the following grades: 50-metres encountered grades of 180 mg/l Li   200-metres encountered grades of 690 mg/l Li     Results from hole ARDHH-08 represent important exploration progress for the northeastern portion of the TOLAR 6 property, where the Company does not have any mineral resource estimates contributing to the previously reported 3,342,000 tonne lithium carbonate equivalent resource associated with the project.  Due to the variability in lithium grades encountered, additional depth-specific sampling of the brines have been recommended by the Qualified Person overseeing the project.   Salar de Arizaro, Argentina: Resource Calculation Steve Cochrane, President & CEO, remarked, "The results from this new hole signify an important step in our strategic roadmap, propelling us closer towards maximizing the full potential of our claims. We are confident in the Arizaro project's potential to become a premier lithium carbonate producer, and we're energized by the promise of continued progress."   Lithium Chile’s President for South America, José de Castro, says: "We are immensely proud of our exceptional team in Argentina, whose unique experience in previous lithium projects has been instrumental in creating value for all stakeholders including the communities we work with. As we continue to progress towards a revised resource report and feasibility study to support production economics, we remain steadfast in our mission to add value and realize the full potential of the Arizaro project."   QUALIFIED PERSON, QA/QC STATEMENTS: Leandro Sastre has reviewed and approved the scientific and technical content of this news release. Mr. Sastre is a geology professional with over 20 years of experience in the international mining sector. Leandro has worked extensively throughout Latin America with a focus on Argentina, Chile and Peru.   ABOUT LITHIUM CHILE: Lithium Chile is an exploration and lithium resource company with a property portfolio consisting of 111,978 hectares in Chile and 29,245 hectares in Argentina. The Company has filed its NI 43-101 Report and Preliminary Economic Assessment, which can be viewed on the Company’s profile at SedarPlus.ca Lithium Chile also owns 5 properties totaling 22,529 hectares that are prospective for gold, silver and copper. Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-QB under the symbol “LTMCF”. To find out more about Lithium Chile, please contact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or Michelle DeCecco, Vice President and COO via email:.   NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. FORWARD LOOKING STATEMENTS: This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"),. Generally, forward-looking statements can be identified using forward-looking terminology such as "expected", "anticipated", "aims to", "plans to" or "intends to" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Such forward-looking statements are based on various assumptions and factors that may prove to be incorrect, including, but not limited to, factors and assumptions with respect to the general stability of the economic and political environment in which the Company operates and the timely receipt of required regulatory approvals.  You are cautioned that the foregoing list of material factors and assumptions is not exhaustive. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in Lithium Chile's disclosure documents on the SEDAR+ website at www.sedarplus.ca. Although Lithium Chile believes that the assumptions and factors on which such forward-looking statements are based upon reasonable assumptions, undue reliance should not be placed on the forward-looking statements because Lithium Chile can give no assurance that they will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do, what benefits Lithium Chile will derive therefrom. Lithium Chile does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

February 28, 2024 08:03 AM Eastern Standard Time

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Lithium Chile Announces Favorable Results at New Arizaro Exploration Hole

Lithium Chile Inc.

CALGARY, ALBERTA – TheNewswire - February 28, 2024 – Lithium Chile Inc. (TSXV:LITH) (OTC:QB) (“ Lithium Chile ” or the “ Company ”) is pleased to provide an operational update on its Salar de Arizaro Project in Argentina, highlighting significant progress on the Company’s northeastern claims including sampling results from hole ARDHH-08. HIGHLIGHTS:   One diamond drill hole was completed at the Arizaro Project:  The hole encountered brine rich formations in areas not previously drilled.  Results from drilling provide for potential significant resource upside.  A new diamond drill hole, ARDDH-9 is currently underway.    ARGENTINA OPERATIONS - ARIZARO PROJECT:   ARDDH-08 has been drilled to a depth of 606-metres with a brine-rich, sandy formation encountered at 200 - metres. The bailer samples sent to Alex Stewart Laboratory, Jujuy, Argentina reported the following grades: 50-metres encountered grades of 180 mg/l Li   200-metres encountered grades of 690 mg/l Li     Results from hole ARDHH-08 represent important exploration progress for the northeastern portion of the TOLAR 6 property, where the Company does not have any mineral resource estimates contributing to the previously reported 3,342,000 tonne lithium carbonate equivalent resource associated with the project.  Due to the variability in lithium grades encountered, additional depth-specific sampling of the brines have been recommended by the Qualified Person overseeing the project.   Salar de Arizaro, Argentina: Resource Calculation Steve Cochrane, President & CEO, remarked, "The results from this new hole signify an important step in our strategic roadmap, propelling us closer towards maximizing the full potential of our claims. We are confident in the Arizaro project's potential to become a premier lithium carbonate producer, and we're energized by the promise of continued progress."   Lithium Chile’s President for South America, José de Castro, says: "We are immensely proud of our exceptional team in Argentina, whose unique experience in previous lithium projects has been instrumental in creating value for all stakeholders including the communities we work with. As we continue to progress towards a revised resource report and feasibility study to support production economics, we remain steadfast in our mission to add value and realize the full potential of the Arizaro project."   QUALIFIED PERSON, QA/QC STATEMENTS: Leandro Sastre has reviewed and approved the scientific and technical content of this news release. Mr. Sastre is a geology professional with over 20 years of experience in the international mining sector. Leandro has worked extensively throughout Latin America with a focus on Argentina, Chile and Peru.   ABOUT LITHIUM CHILE: Lithium Chile is an exploration and lithium resource company with a property portfolio consisting of 111,978 hectares in Chile and 29,245 hectares in Argentina. The Company has filed its NI 43-101 Report and Preliminary Economic Assessment, which can be viewed on the Company’s profile at SedarPlus.ca Lithium Chile also owns 5 properties totaling 22,529 hectares that are prospective for gold, silver and copper. Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-QB under the symbol “LTMCF”. To find out more about Lithium Chile, please contact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or Michelle DeCecco, Vice President and COO via email:.   NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. FORWARD LOOKING STATEMENTS: This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"),. Generally, forward-looking statements can be identified using forward-looking terminology such as "expected", "anticipated", "aims to", "plans to" or "intends to" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Such forward-looking statements are based on various assumptions and factors that may prove to be incorrect, including, but not limited to, factors and assumptions with respect to the general stability of the economic and political environment in which the Company operates and the timely receipt of required regulatory approvals.  You are cautioned that the foregoing list of material factors and assumptions is not exhaustive. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in Lithium Chile's disclosure documents on the SEDAR+ website at www.sedarplus.ca. Although Lithium Chile believes that the assumptions and factors on which such forward-looking statements are based upon reasonable assumptions, undue reliance should not be placed on the forward-looking statements because Lithium Chile can give no assurance that they will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do, what benefits Lithium Chile will derive therefrom. Lithium Chile does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

February 28, 2024 08:01 AM Eastern Standard Time

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Cyber Startup Secures 7 Million Networks, 500 Million Connected Devices – SAM Seamless Network Protects Customers Of Verizon, Virgin Media, Orange And Bezeq

OurCrowd

By Jeremy Ruden, Benzinga A small startup headed by a former officer in Israel’s elite 8200 Military Intelligence cyber unit is silently protecting 500 million connected devices in more than seven million homes and businesses around the world. This is the age of the Internet of Things (IoT) with millions of smart devices connected by Wi-Fi. From garage doors to smartwatches, all have access to private Wi-Fi, and many were designed without any attention to security. Once hacked, they provide a gateway into home and business networks where cyber criminals can wreak havoc, stealing personal information and holding entire companies to ransom. “In the US, an average household has 22 connected devices,” says Sivan Rauscher, a former 8200 officer and Co-Founder and CEO of SAM Seamless Network, an Israeli startup at the forefront of securing millions of IoT devices on a global level. “We record an average of 16 attacks a day on every network.” https://youtu.be/x94vQ0CBQyY?si=XHO89NQBkNcWzbpF Fueled by the spread of 5G wireless technology, the growth of smart devices snowballed during the pandemic – and the numbers keep growing. By the end of 2024, experts expect there will be more than 17 billion IoT devices connected worldwide. These are not just tablets or smartphones but include everything from household heating systems to online factory machinery. Many of the smart devices will also be enhanced with artificial intelligence, capable of making autonomous decisions. With this increased connectivity come major security concerns. “When you have more connected devices in your perimeter, you’re opening more back doors into your data,” says Rauscher, a rare female CEO in the male-dominated world of cyber security. “It’s just like when you move into a larger house, there are more entry points for thieves. It’s the same with information – the more connectivity, the larger the threat of a breach.” SAM is currently raising a funding round via OurCrowd, the Jerusalem-based investment platform that allows accredited investors to access privately held startups. Prime Target While major corporations can look to giants like Cisco (NASDAQ: CSCO) and Check Point (NASDAQ: CHKP) for their cybersecurity needs, SAM targets small and medium-sized enterprises, which make up the vast majority of companies – including 99% of all businesses in Europe. Unlike large, security-conscious multinationals, most Wi-Fi networks in small businesses and home offices are unmanaged, unsecured and without an information officer, leaving them prey to hackers. “The fast adoption of 5G, combined with the proliferation of smart devices operating on unsupervised networks, can be catastrophic for millions of home and business users. Even with the implementation of basic security requirements on IoT devices, the threat of a silent invasion through them is very real,” says Rauscher. “SAM is the best and most cost-efficient defense to this threat and we’re proud that our solution, which is constantly adopting to the changing threat landscape, is being adopted by some of the world’s top providers.” SAM’s platform is securing networks provided by some of the largest telecommunication companies in the world. including Verizon (NYSE: VZ) in the U.S., Virgin Media in the U.K., Orange in Belgium, Bezeq in Israel and other major European providers. The company’s cloud-based software can work with any system and is deployed remotely, which means the customer doesn’t have to fiddle with complicated settings or pieces of hardware. SAM’s system works automatically through the user’s router or other onsite gateway – usually provided by an internet service provider or as an off-the-shelf product. Unrecognized Devices SAM has a special relationship with Verizon, which is both a client and an investor through its investment arm Verizon Ventures. Verizon and SAM also launched the Device ID platform, allowing users to monitor their home network for new or previously unrecognized devices. This allows customers to manage certain details of their devices, like customized naming conventions, allowing for better control of their home network and connected devices. This visibility also results in improved customer service and troubleshooting from the viewpoint of Verizon, which is truly able to “see” the connected home network. SAM has several key investors including BlackBerry, which co-led the Series B round with Verizon Ventures, Intel Capital, Night Dragon, Target Global, Ericsson, ADT Security Corporation and Blumberg Capital. OurCrowd is leading SAM’s Series C investment round, which is now funding. The company is constantly updating its security in response to new threats identified on the networks. “We employ a data-driven approach to identify emerging threats and attacks on these IoT devices, relying on data from millions of IoT devices across our networks,” says Rauscher. “We’re actively looking and researching vulnerabilities in IoT devices we believe pose a significant threat to our customers.” IoT regulation Western governments are aware of the security risks posed by IoT devices. “Malicious cyber actors may leverage your home network to gain access to personal, private, and confidential information,” the U.S. NSA warned in Best Practices for Securing Your Home Network, published in 2023. Last July, the U.S. government announced a national IoT security label that manufacturers and retailers can use to assure consumers that their smart connected IoT devices meet a certain level of cyber-safety. The EU is not making IoT security optional. This year, the European Commission imposed minimum requirements for the security of smart devices. Products not meeting the standards will be banned from the EU market. The UK has similar legislation due to take effect in April 2024. While such government programs don’t apply to IoT devices that are already in use today, they will create a more informed consumer and raise awareness among other parties in the ecosystem, such as retailers or ISPs, motivating them to take action. For more information about the SAM Seamless Network investment round on the OurCrowd platform, click HERE. Featured photo courtesy of SAM Seamless Network. OurCrowd was started in 2013, driven by the idea that the business of building startups grows bigger and better when the global ‘crowd’ gains access to VC-level investment opportunities.Today, OurCrowd is a global venture and alternative investing platform that empowers institutions and individuals to invest and engage in emerging companies. OurCrowd vets and selects companies, invests its capital, and provides its global network with unparalleled access to co-invest and contribute connections, talent and deal flow. OurCrowd builds value for its portfolio companies throughout their lifecycles, providing mentorship, recruiting industry advisors, navigating follow-on rounds and creating growth opportunities through its network of multinational partnerships. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Lisa Graston lisa.graston@ourcrowd.com Company Website http://www.ourcrowd.com

February 28, 2024 08:00 AM Eastern Standard Time

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American Rare Earths helps advancement at Halleck Creek with 13.5 million dollar private placement

American Rare Earths Ltd

American Rare Earths Limited CEO Donald Swartz joined Steve Darling from Proactive to share significant news regarding the company's recent fundraising efforts. American Rare Earths has successfully secured firm commitments for a placement to raise 13.5 million Australian dollars. This placement received strong support from both new and existing institutional, professional, and sophisticated investors, both domestically and offshore. The purpose of this capital raise is to further develop environmentally friendly and cost-effective extraction and processing methods. These methods are crucial to meeting the rapidly increasing demand for resources essential to the clean energy transition and US national security. Swartz emphasized that this funding provides the company with the necessary capital to advance its flagship project, Halleck Creek, towards delivering a secure supply of critical minerals to the North American supply chain. American Rare Earths remains dedicated to achieving its project development milestones with the support of its shareholders. The funds raised will support various activities related to the development of the Halleck Creek Rare Earths Project in Wyoming. These activities include mineral resource and extensional drilling, pre-feasibility studies, metallurgical test work and process development, as well as heritage, permitting, and environmental activities. Overall, this successful capital raise positions American Rare Earths to continue its progress towards becoming a key player in the critical minerals sector, contributing to both environmental sustainability and national security objectives. Contact Details Proactive USA +1 347-449-0879 na-editorial@proactiveinvestors.com

February 28, 2024 07:25 AM Eastern Standard Time

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Aclara Resources welcomes key delegation as company secures 100% ownership of Carina Module

Aclara Resources Inc

Aclara Resources Chief Executive Officer Ramon Barua joined Steve Darling from Proactive to share exciting news about the company's recent developments in Chile and Brazil. Aclara recently hosted a delegation from the State of Goiás, Brazil, at its pilot plant in Concepción, Chile. The purpose of the visit was to showcase the environmentally sustainable features of Aclara's patented technology, which is being implemented at the pilot plant. This pilot plant will play a crucial role in the Carina Module project located in Goiás, Brazil. Aclara had previously presented the Carina Module project to the Governor and senior officials of the state of Goiás in October. The piloting of the Carina Module's ionic clays commenced in December 2023 and is expected to be completed by the end of February 2024. During this piloting phase, Aclara aims to produce between 10-15 kilograms of heavy rare earth mixed carbonates. These products will be instrumental in advancing commercial discussions with potential separators, stakeholders in the rare earths value chain, and original equipment manufacturers. Barua also shared with Proctive the company has announced the second tranche of the earn-in agreement has been fulfilled, thus securing 100% ownership of the 8,490 hectares of mining rights comprising the Carina Module. On November 6, 2023, the Company had previously executed the first tranche of the earn-in agreement securing an initial 51% ownership interest. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

February 28, 2024 07:23 AM Eastern Standard Time

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Evergold Corp says Magnetic Survey identifies new large target at DEM Property

Evergold Corp

Evergold Corp's CEO Kevin Keough joined Steve Darling from Proactive to provide and update regarding recent developments on the DEM property in central British Columbia. He announced the completion of a high-resolution heliborne magnetic survey, which revealed a significant new target, designated as DEM2. This newly identified target shares similarities in scale and geophysical characteristics with the DEM1 porphyry prospect. According to Keough, DEM2 is situated approximately 4 kilometers southeast of the DEM1 target, separated by a granitic intrusion. The decision to conduct the survey followed a successful 3-hole reconnaissance drill program carried out late last year on the DEM1 prospect. This program targeted a multi-element geochemical anomaly in soils overlaying strong magnetic, IP chargeability, and resistivity anomalies. The company plans to provide further details on its plans for the 2024 field season, which may include drilling activities to follow up on the results obtained from the previous drill program conducted last fall. This demonstrates Evergold Corp's commitment to advancing exploration efforts and potentially unlocking the mineral potential of the DEM property. Contact Details Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 28, 2024 07:20 AM Eastern Standard Time

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Standard Uranium prepares for drilling program at Atlantic Project in northern Saskatchewan

Standard Uranium Ltd

Standard Uranium President and VP of Exploration Sean Hillacre joined Steve Darling from Proactive to share the company's plans for an aggressive exploration program set to commence in 2024. The program is poised to kick off with the mobilization of crews for the inaugural drill campaign at the 3,061-hectare Atlantic Project located in the prolific eastern Athabasca Basin in northern Saskatchewan. Currently, the Project is under an option agreement with ATCO Mining, which aims to earn a 75% interest in the project. Hillacre outlined that the 2024 drill program is designed to fulfill the first year of minimum exploration expenditures required by the Option agreement. The company plans to drill 2,000 to 3,000 meters across 4 to 6 drill holes, with a focus on targeting high-grade unconformity-related uranium mineralization. One of the key areas of focus for the drill program will be target area A on the Project, where a significant density anomaly coincides with modeled electromagnetic conductors and interpreted faults. Additionally, the program will include follow-up drilling on areas with highly anomalous uranium results and major structural intersections. Overall, Standard Uranium's aggressive exploration program underscores its commitment to advancing the Atlantic Project and unlocking its uranium potential in the highly prospective Athabasca Basin. Contact Details Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 28, 2024 07:17 AM Eastern Standard Time

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