News Hub | News Direct

All Industries


Article thumbnail News Release

VOESH New York Launches New 28 oz. Vegan Hand & Body Crème Collection

VOESH New York

VOESH New York is debuting a new 28 oz. Vegan Hand & Body Crème Collection, created to provide salon clients with a luxurious and healthier hydration experience. These larger bottles offer the same high-quality, vegan-friendly ingredients that have established VOESH as a leader in the body care industry. “We’re thrilled about the addition of these generously sized lotions to VOESH’s product line,” said Tom Harrison, Principal of Coleman Harrison. “VOESH consistently outshines the competition with expert formulas. This new size will undoubtedly enhance manicure and pedicure services, delivering superior results for both clients and technicians.” “As a bonus, technicians can pair these lotions with VOESH’s best-selling Pedi in a Box products,” added Kendall Stone, Principal of Jay Stone Sales. Enriched with 94+% natural-origin ingredients, VOESH’s 28 oz. crèmes are formulated with organic virgin olive oil and natural extracts. They are infused with 100% vegan, clean, and certified organic components and are free from parabens, phthalates, gluten, mineral oil, and more than 1,680 other potentially harmful substances. The velvety texture provides long-lasting moisture and a radiant glow without a greasy feel. These larger bottles not only provide a superior experience but also ensure lasting hydration and value. “Our lotions have always been a best-seller, so we’ve brought them back in a more convenient size for salons,” said Joseph Choi, Co-Founder of VOESH New York. “Salon owners have been asking for our popular massage butter in a bottle, and we’re ecstatic to fulfill this request.” The new collection is available in five delightful scents: Olive Sensation, Lavender Relieve, Vitamin Recharge, Jasmine Soothe, and Green Tea Detox. Each scent is made with premium, IFRA-certified fragrances that pair perfectly with VOESH’s best-selling Pedi in a Box Deluxe 4 Step pedicure kits. This allows for a cohesive pampering experience that caters to clients’ preferences. With a transparent ingredient list, dermatologist testing, and U.S. FDA registration, VOESH’s new 28 oz. Vegan Hand & Body Crèmes are the best addition to guarantee clients and technicians feel good about what goes on their skin. For more information about VOESH’s new 28 oz. Vegan Hand & Body Crèmes, please visit voeshpro.com. About VOESH New York: Founded in 2013, VOESH New York has emerged as a premier destination for clean and efficacious body care solutions catering to head-to-toe wellness. Noteworthy products include Pedi in a Box, Mani in a Box, the award-winning Shower & Empower Vitamin C Shower Filter, and Collagen Gloves and Socks. VOESH New York is committed to providing 100% vegan, cruelty-free, and sustainable products because every body deserves better beauty! All VOESH New York products are certified by PETA and registered with the US Mocra, EU CPNP and UK SCPN, maintaining vegan, cruelty-free, and dermatologist-tested standards. VOESH New York proudly excludes all 1,680+ EU-banned ingredients and an additional 400+ potentially harmful ingredients. For more information, visit VOESH New York’s website at Voesh.com or contact press@voesh.com. All VOESH New York products are certified by PETA and registered with the EU CPNP, and UK SCPN. Always vegan, cruelty-free, and dermatologist-tested, VOESH New York proudly excludes all 1,680+ EU-banned ingredients and an additional 400+ potentially harmful ingredients. Contact Details Colleen Mathis +1 917-690-5560 Colleen@absoluterrelations.com Company Website https://voesh.com/

September 06, 2024 08:00 AM Eastern Daylight Time

Article thumbnail News Release

Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for August 2024

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) has filed a Form 8-K containing its monthly report for the period ended August 31, 2024. An aggregate total distribution of $7.77 million or $0.103632 per trust certificate will be paid on September 10, 2024, to certificateholders of record as of September 9, 2024. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Jessica Cummins +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

September 05, 2024 04:15 PM Eastern Daylight Time

Article thumbnail News Release

Top U.S. Sportsbooks Lost Out on $160.7 Million in Handle Last NFL Season, According to Latest Report from Sports Odds Intelligence Firm Bettormetrics

Bettormetrics

Bettormetrics, a sports odds intelligence firm providing competitive sports odds data and insight to the sports betting industry, released their latest report on the 2023-2024 NFL season today. The analysis found four out of the five top sportsbooks in the U.S. potentially lost over $160.7 million of revenue last NFL season due to extended suspension times and poor pricing strategies. Bettormetrics’ analysis of last season’s NFL games found that BetMGM and Bet365 were suspended in-game and not taking live wagers on average 5-10% more each game than the market leaders. Suspension is when a sportsbook periodically shuts down betting lines in a sporting event to readjust the odds based on activity within the event, while uptime is the amount of time they are accepting live wagers during the game. DraftKings averaged 96.1% uptime last season, while Bet365 averaged only 85.5% uptime – leading to a potential loss of $4.6 million. With the American Gaming Association estimating that betting on the NFL will surge by 30% in 2024 to $35 billion, this means that over $220 million will potentially be lost by tier 1 operators over the coming season. “DraftKings is clearly the team to beat when it comes to NFL betting,” said Robert Urwin, Bettormetrics’ co-founder and CEO. “With the most amount of uptime during NFL games and least amount of time suspended in isolation compared to the other bookmakers, DraftKings has a grip on the most critical betting season in the U.S. FanDuel is close behind and could make up the distance with a few tweaks in their suspension and trading strategies.” Bettormetrics’ Trading Analytics Platform (TAP) aggregates trading performance data so bookmakers gain insight into the performance of their competitors and their own trading desk, and in turn make changes to increase revenues and profitability. “It’s staggering to see the difference in uptime and therefore potential lost revenue between four of the top sportsbooks leaders in the U.S.,” said Sabin Brooks, Bettormetrics’ Chief Revenue Officer. “Without the proper suspension strategy, it’s extremely difficult for BetMGM and Bet365 to begin to catch up to FanDuel and DraftKings. As we begin the 2024-2025 NFL season, there is a real opportunity to close some of the gap if those two bookmakers can optimize their uptime and trading performance.” Bettormetrics is an innovative company providing competitive sports odds intelligence and insight to the sports betting industry. Bettormetrics’s Trading Analytics Platform is a SAAS product supporting sportsbook trading desks with cutting edge insight and analysis on the entire event life cycle, helping sportsbooks, data suppliers and B2B platforms gain an edge on competitors and ensure no profits are left on the table. For more information, please email info@bettormetrics.com or visit Bettormetrics.com. Contact Details Bailey Irelan birelan@hotpaperlantern.com Company Website https://bettormetrics.com/

September 05, 2024 10:59 AM Eastern Daylight Time

Image
Article thumbnail News Release

Goodway Group Secures Meta Media Certification: Elevating Expertise, Enhancing Efficiency, and Maximizing Media Investments as Meta Drives 21% of U.S. Ad Spend in 2024

Goodway Group

Goodway Group, a leading digital marketing agency, proudly announces that we have achieved Meta Media Certification. This prestigious recognition from Meta confirms our proven digital expertise and solidifies our position as an industry leader, enhancing our ability to deliver more efficient, effective campaigns that maximize our clients’ media investments for better outcomes. As reported by eMarketer, Meta—the parent company of Facebook, Instagram, WhatsApp, and more—is a dominant force in the U.S. and global advertising landscape. With a projected $64.63 billion in U.S. ad revenues in 2024, Meta is expected to account for 21.3% of U.S. digital ad spend and 74.5% of U.S. social network ad spend, according to a March 2024 eMarketer forecast. To achieve this top-tier certification, agencies must meet stringent standards, including maintaining a minimum of 20 active certifications or 20% of the team being certified, whichever is higher. Goodway Group has now met and exceeded these criteria with 73% of eligible team members being certified, earning recognition from Meta for our exceptional digital expertise. Our certified team members possess deep knowledge of Meta’s platforms, which is crucial for driving greater buying efficiency and ensuring that every dollar our clients invest is optimized for maximum return. Goodway Group is uniquely positioned to leverage Meta’s advanced tools and insights, enabling us to deliver exceptional value through our Outcome Engineering approach. Meta's platforms are a core component in holistic omni-channel marketing for a more connected online customer journey, with Meta apps boasting 3 billion people using their products. This certification is validation that Goodway Group is better equipped to harness Meta’s full potential, ensuring that our clients’ media investments are fully maximized to yield the best possible outcomes. Our relationship with Meta has already delivered significant results. For instance, in a recently published joint case study, Goodway Group: Meta Business Partner Conversions API Success Story, we detailed our collaboration with Tacori, a leading jewelry brand. Tacori aimed to improve overall campaign performance by achieving more granular tracking of conversion events across their websites and eCommerce platforms. By utilizing Meta’s Conversions API (CAPI) Gateway, we helped Tacori increase bookings to view jewelry for purchase by 18% and reduce costs with a 27% decrease in CPMs. This case study highlights the tangible benefits of our Meta Media Certification and how it directly contributes to our clients' success. You can view the full case study here. “Being recognized as a Meta Media Certified Company is a significant milestone for Goodway Group,” said Stephani Estes, Chief Media Officer at Goodway Group. “This certification not only validates the exceptional talent of our team but also strengthens our ability to deliver top-tier results for our clients. As we continue to innovate and push the boundaries of digital marketing, our partnership with Meta will be instrumental in helping us achieve new heights of success.” Goodway Group's Meta Media Certification provides our clients with the assurance that their campaigns are managed by experts who have been rigorously tested and certified by one of the world's leading digital platforms. This recognition solidifies our standing in the marketplace and further positions us as a leader in delivering innovative, outcome-driven digital marketing solutions that maximize buying efficiency and protect our clients’ investments. About Goodway Group Goodway Group is a leading independent digital marketing agency fueled by data, technology and a dedicated purpose of making your media investment perform. Goodway Group’s Outcome Engineering™ powers our full ecosystem, a proprietary philosophy that connects strategy, analytics and precise execution for measurable growth. Goodway Group ranks among the top North American agencies, earning prestigious awards for innovative marketing technology, impactful work and fostering inclusive, remote-first workplaces. We've been honored as a multiyear Ad Age Best Places to Work and received AdExchanger’s Best Use of Technology by an Agency award among other accolades. Our collective media buying power has led to industry-renowned partnerships. We hold certifications and are recognized with preferred partner status across the Triopoly and all major marketing and media platforms. This ensures that our clients' media investments are optimally managed, minimizing fraud and waste, and maximizing effectiveness and value. Our company encompasses five distinct divisions: CvE, a marketing advisory firm; G-Comm, a retail media accelerator; TUFF, a performance marketing agency; Goodway, a managed service media and analytics partner; and GRADIANT, a modern funnel digital media agency. Together, we make up Goodway Group, the marketing engine that unlocks measurable growth for the world's most progressive brands. Facebook® is a registered trademark of Meta Inc. Contact Details Kite Hill PR for Goodway Group +1 973-722-7881 goodway@kitehillpr.com Company Website https://www.goodwaygroup.com/

September 05, 2024 10:00 AM Eastern Daylight Time

Article thumbnail News Release

PayMedix/TempoPay Names David Kinsey Vice President of Sales

PayMedix/TempoPay

PayMedix/TempoPay announced today the appointment of David Kinsey as Vice President of Sales. Kinsey joins during a period of accelerated growth for PayMedix/TempoPay, which delivers innovative healthcare payment solutions that provide interest-free financing to employees for healthcare services, no matter their credit histories. Kinsey brings an extensive background in the healthcare and employee benefits industry. In his new role, Kinsey will lead sales initiatives, focused on driving growth of the PayMedix/TempoPay solution and building strategic relationships across the healthcare industry with a specific focus on the Southeast region. “As more health systems, employers, and benefits administrators across the country continue to look for ways to lower costs and provide affordable access to healthcare for employees, we're seeing increased interest in our flexible financing and payments solutions," said Tom Policelli, CEO of PayMedix/TempoPay. "David's extensive knowledge of healthcare sales and the employee benefits industry will help us increase our reach and ability to serve providers and employers looking for alternative healthcare payment solutions. We are excited to welcome him to our team." Before his current role, Kinsey was an Executive Director at Aetna. He led the Healthcare Business Solutions team to achieve 60% growth over five years by directing enterprise sales, retention, and membership growth strategy. Kinsey was awarded Aetna's Chairman's Leadership Award for his leadership and collaboration. Kinsey’s prior roles at Aetna included working with employer groups and consultants on innovative employee benefits strategies and plan administration. Prior to Aetna, he was a Senior Client Manager at Cigna Healthcare, where he was awarded the Gold Circle for top sales results. He earned his BBA in Finance from Stetson University. "The PayMedix/TempoPay solution is a game-changer, offering a straightforward and effective approach to tackling the demanding issue of high out-of-pocket healthcare costs," said Kinsey. "I look forward to working with the team to expand our reach and bring employers a financial safety net for their employees that ultimately improves retention and reduces absenteeism.” “Having worked with David previously, I am confident in his ability to help employers, PEOs, health plans and network builders see the value in our solution,” said Brian Marsella, President, PayMedix/TempoPay. “By ensuring individuals have access to financial resources to get care when they need versus when they think they can afford it, we can break the cycle of care avoidance, which historically has led to sicker patients entering the system, worse outcomes and increased costs.” About PayMedix PayMedix, which began as the financing arm of Wisconsin-based HPS over a decade ago, is the only company solving the problem of high out-of-pocket costs for everyone -- providers, patients, employers, and TPAs. PayMedix is changing how people access, use, and pay for healthcare by guaranteeing payments to providers and financing for all patients. PayMedix has processed more than $5 billion in medical payments for hospital systems and physician practices and can be implemented in conjunction with any PPO or HMO network. About TempoPay TempoPay partners with employers to help their employees manage their medical costs with interest-free financing and flexible repayment options. With the TempoPay Visa® card employees can take control of how they pay for healthcare without added stress, providing simple access to the financial security needed for happier, healthier lives. Contact Details Brodeur Partners Sam LeCompte +1 603-660-9407 slecompte@brodeur.com Company Website https://paymedix.com

September 05, 2024 10:00 AM Eastern Daylight Time

Article thumbnail News Release

pSTAKE is expanding Bitcoin Liquid Staking on Babylon to BNB Chain

pSTAKE

pSTAKE Finance is proud to announce that it is expanding its Bitcoin Liquid Staking solution to BNB Chain users in the near future by: Bringing yBTC (pSTAKE-issued LST for Bitcoin) to BNB Chain Accepting BTCB deposits on BNB Chain This latest addition to the Bitcoin Liquid Staking solution marks a significant milestone in providing BNB Chain users with unique opportunities to generate yields through Bitcoin Staking. pSTAKE Announces Bitcoin Liquid Staking for BNB Chain Bitcoin Staking is bringing native yields to BTC for the first time. From a DeFi perspective, this can be a huge unlock for the entire industry, with $1.2T+ capital currently sitting idle. pSTAKE Finance’s Bitcoin liquid staking product allows BTC holders to stake native BTC and generate native staking yield through innovative protocols like Babylon. By turning BTC into a slashable asset, Babylon can utilize BTC to add economic security to PoS chains and earn rewards for BTC holders. pSTAKE Finance’s liquid staking solution went live on July 28, 2024, and it quickly filled its 50 BTC deposit cap in three weeks. It then deposited a portion of its BTC into Babylon’s Staking Cap 1, marking the beginning of yields to its BTC depositors through Babylon Points and pSats (pSTAKE Points). BNB Chain is one of the leading Layer 1 chains in crypto, at a unique intersection of Bitcoin and DeFi. It has $6.7B+ TVL across leading DeFi protocols like Venus Protocol, PancakeSwap, BounceBit, Avalon Finance, Radiant Capital, ListaDAO, Aave, and more. BNB Chain is also home to the second biggest wrapped Bitcoin token, with a $4B+ supply of BTCB, Binance-wrapped Bitcoin. In line with decentralization and growing accessibility for Bitcoin yields, pSTAKE Finance has announced that it will bring its upcoming BTC LST yBTC to the BNB Chain and support BTCB deposits in its Bitcoin Liquid Staking solution. This move will bring further Bitcoin liquidity to BNB Chain and propel its existing DeFi Ecosystem. Due to its yield-generating nature, DeFi protocols can leverage yBTC as a pristine collateral asset and offer additional yields to users. At the same time, BTCB holders can stake with pSTAKE directly to earn rewards by contributing to the security of PoS chains through Babylon. Significance of BTCB BTCB is a tokenized version of Bitcoin on the BNB Chain that allows BTC holders to access the BNB ecosystem. The wrapped version of Bitcoin is held at a 1:1 peg to ensure BTCB mirrors Bitcoin's value. The wrapped BTC variant is designed to help bridge the gap between Bitcoin and the BNB Chain DeFi ecosystem and access a wide range of services on the BNB Chain with fast transactions and low fees. BNB Chain takes a custodial approach to BTCB by managing its minting and burning. As a result, Binance, one of the world’s largest and most trusted exchanges, holds the equivalent amount of BTC in a multi-signature cold storage wallet. It also has a Binance Proof of collateral feature to check the Bitcoin held in reserve at any time. BTCB is already supported by various DeFi protocols, including Venus, Aave, Solv, and soon pSTAKE. Gala Wen, Director of Ecosystem Development at BNB Chain said: "BNB Chain’s mission is to bring Web3 to the next billion users, and we are excited to see pSTAKE expanding its Bitcoin liquid staking on Babylon to BTCB on BNB Chain. This expansion not only enhances DeFi opportunities for users but also brings us closer to our goal of making Web3 accessible.” Bitcoin Season 2 on BNB Chain with pSTAKE By bringing yBTC to BNB Chain, pSTAKE expands its offering to provide more accessibility and yields to Binance users, one of the most active userbases in the crypto space. pSTAKE’s integration with BTCB provides more value to BNB Chain users by allowing holders of BTCB to access Bitcoin Staking yields securely with a single click. Bitcoin has already seen widespread adoption in BNB Chain DeFi. In the future, a yield-generating Bitcoin token like yBTC will significantly boost DeFi. About pSTAKE Finance pSTAKE Finance is a Bitcoin Yield and liquid staking protocol, backed by Binance Labs. With pSTAKE Finance, users can liquid stake BTC to get rewards from Babylon's Trustless BTC staking for securing other app chains while maintaining their liquidity. Accessing Bitcoin yields should not be complex, risky, or unsafe. With four years of liquid staking expertise and expert-curated yield strategies, pSTAKE Finance helps individuals and institutions put their BTC to work in BTCfi. pSTAKE Finance has partnered with leading blockchain security firms, such as Halborn, Hexens, Oak Security, Immunefi, Forta, and more, to offer a secure liquid staking product suite. Contact Details Colin Landers colin@energentmedia.net Company Website https://pstake.finance/

September 05, 2024 09:00 AM Eastern Daylight Time

Article thumbnail News Release

Introducing Brick Media: A New Force in Media Management and Innovation

Full Scope PR

Brick Media announces its powerful entrance into the media landscape, asserting itself as a catalyst for transformation. With a bold vision for content innovation and unparalleled management expertise, Brick Media is set to redefine and lead the charge in shaping the future of media. As a full-service media management firm at the intersection of content strategy and business execution, Brick Media is committed to nurturing the growth and monetization of its clients' careers across the digital media landscape. With a multifaceted approach, the company aims to elevate brands and voices across sports, entertainment, and beyond. Drawing from over a decade of unparalleled success in sports and entertainment management, Aaron & André Eanes of A&A Management bring their strategic expertise and deep industry insights to position Brick Media as a transformative force in the media sector. Leading this ambitious venture alongside them is CEO of Brick Media, Maggie Clifton. Formerly with Blue Wire and Wasserman, Maggie brings a wealth of experience and a visionary outlook to the company. Under her guidance, a team of highly skilled media professionals will spearhead the optimization of innovative and compelling content. Together, they stand ready to redefine the boundaries of the industry, heralding a new era of influence. "We founded Brick Media with the strategic vision of being a vital resource in the media industry for those seeking to elevate their clients' success to new levels. When we helped with the launch of New Heights, it revealed a critical need for an independent partner adept at steering through the intricacies of advertising, ancillary revenue streams, digital creation, and social growth. Brick Media fulfills that role, offering expert guidance and the best-in-class resources to empower achieving maximum value." says Aaron & Andre Eanes of A&A Management Group. "Brick Media is here to support our partners’ media businesses via strategy, monetization, distribution, marketing, and all other opportunities for growth. We’ve been building quietly all year and are excited to finally launch publicly.” says CEO of Brick Media, Maggie Clifton. In a remarkable inaugural achievement, Aaron Eanes of A&A Management Group and Maggie Clifton of Brick Media led negotiations a ground-breaking deal between the leading podcast studio Wondery and the widely acclaimed show, "New Heights with Jason and Travis Kelce," alongside Andre Eanes of A&A Management Group and Jason Bernstein of Clarity Football. This marks the beginning of Brick Media's mission to forge impactful partnerships and deliver unparalleled growth across the digital media landscape. Brick Media is dedicated to pushing the boundaries of creativity and strategic content development. As the company continues to forge influential partnerships and manage transformative projects, Brick Media is poised to become a leader in the digital media ecosystem. About Brick Media Brick Media is a media management firm specializing in content strategy and business development. Dedicated to fostering client growth and monetization across diverse media landscapes, including sports, entertainment, and news, Brick Media is set to make its mark on the future of media. Contact Details Alessandra Chisolm alessandra@fullscopepr.com

September 05, 2024 09:00 AM Eastern Daylight Time

Article thumbnail News Release

The Technology Powering Aeva's (NYSE: AEVA) Vision For A Safer Autonomous Future And Why It Could Be Game-Changing

Benzinga

By Meg Flippin, Benzinga When it comes to autonomous driving, safety and accuracy are top of mind. For self-driving cars, trucks and trains to become ubiquitous on America’s roads, streets and railways, they must be extremely safe and reliable. The same goes for the robots that will someday deliver everything from food to medicine without human intervention. They have to be able to see everything around them and react in real time to avoid crashes. Technology advances and companies like Aeva Technologies (NYSE: AEVA) are making that a reality. Mountain View, California-based Aeva makes LiDAR sensors for use in vehicles, trucks and trains. The sensors act as eyes, providing 3D views of the surroundings. FMCW, The Technology Enabler For Highway Autonomy What takes Aeva’s sensors to the next level on the safety and reliability fronts is its Frequency Modulated Continuous Wave (FMCW) 4D LiDAR technology, which uses a low-power continuous laser beam to measure range and a fourth dimension of velocity at the same time. Aeva says FMCW unlocks new levels of safety and automation by instantaneously discriminating between moving and non-moving points and knowing the precise velocity of objects in motion. Instant velocity data gives real-time insight into how an object’s position is changing, giving the vehicle’s computer a more accurate picture to help plan its next move. But that’s not all. Aeva’s sensors also have advanced perception capabilities that deliver new features, which the company says are not possible with typical legacy LiDAR sensors, including Ultra resolution and vehicle localization. Ultra resolution provides a camera-like image of the world providing what Aeva Technologies says is up to 20 times the resolution of legacy time-of-flight LiDAR sensors. Image segmentation enables the detection of roadway markings, drivable regions, vegetation, road barriers and road hazards like tire fragments at up to twice the distance of conventional time-of-flight LiDAR sensors. Instant velocity data allows for confident detection and tracking of dynamic objects such as oncoming vehicles and other moving objects at distances up to 500 meters, reports Aeva. Meanwhile the technology’s Vehicle Localization features enable real-time vehicle motion estimation with six degrees of freedom, providing accurate vehicle positioning and navigation, which could be a substitute for other sensors, like IMU or GPS. That provides for safe autonomous navigation in common GPS-denied environments like tunnels and parking structures. Aeva says its FMCW technology provides autonomous vehicles with freedom from interference from sunlight and other LiDAR sensors, elimination of retroreflector blooming and ghosting from highly reflective objects like street signs and roadway markings, as well as a greater ability to see in weather conditions like dust, fog, rain and snow. Importantly, these benefits can allow automated vehicles to safely operate at highway speeds, a feat that has been sought after by major car manufacturers. Overcoming The Limitations With all that safety and technology packed into Aeva’s LiDAR sensors, Aeva is overcoming one of the biggest challenges of self-driving vehicles today: blindspots. Self-driving vehicle algorithms and conventional sensors can have difficulty when the weather is bad, lane markings are not clear or unexpected obstacles are in their way. That can lead to accidents and fatalities. Reacting in real-time is the goal and Aeva delivers that with its LiDAR sensors. The company’s FMCW LiDAR sensors can also enable self-driving cars and trucks to achieve highway speeds safely. It's something that has eluded the industry so far, with many self-driving vehicles achieving top speeds of 35 to 45 MPH. For the trucking industry to move to autonomous vehicles, it has to be able to sustain highway speeds safely. Achieving that can someday address the labor shortages the heavy truck industry faces. Finding drivers who want to spend most of their time on the road and away from family for three to four-week clips is harder to come by. Autonomous trucks that can run all day and all night can help fill that gap. It’s why Daimler Truck AG is using Aeva’s sensors in its Class 8 Freightliner Cascadia autonomous truck platform. Daimler Truck intends to integrate the LiDAR sensors directly into its production process, making it easy for customers to buy autonomous-ready trucks directly from its manufacturing plants. Daimler Truck said it chose Aeva’s LiDAR sensors because of its ability to provide enhanced safety and control. “Daimler Truck is committed to leading the industry’s advancement toward autonomous trucks. Selecting the right LiDAR technology is a crucial strategic decision to safely deploy autonomous trucks on the road,” said Joanna Buttler, Head of Global Autonomous Technology Group at Daimler Truck. “We are convinced that Aeva with its cutting-edge and reliable technology is the right production partner for LiDAR sensors and has the manufacturing capabilities to scale along with us.” The world is moving toward autonomous vehicles but for them to become ubiquitous safety can’t be a question. That’s where companies like Aeva Technologies come in. Its advanced next-generation LiDAR sensors can react in real-time, potentially taking autonomous driving to the next level. Learn more about Aeva Technologies Inc. by checking out its investors deck here. Featured photo by Chris Bair 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

September 05, 2024 08:55 AM Eastern Daylight Time

Image
Article thumbnail News Release

Prescribing The Future: How MangoRx Is Shaking Up Telemedicine With A Fresh Platform

Benzinga

By Anthony Termini, Benzinga Since Covid-19, telemedicine has been expanding significantly, with 44% of physicians using it at least weekly and 40% daily in the U.S. in 2023. The industry is seen by some as a new frontier for patient education and access to medicine and care. The DEA Opens The Digital Door To The Telemedicine Industry Before the pandemic, the primary way a patient would get a drug prescription was through an in-person visit with a doctor. The Drug Enforcement Agency (DEA) loosened those restrictions, allowing physicians to prescribe “controlled medications” over the phone and via video conference. That’s been good for companies in the direct-to-consumer telehealth industry. One of the players in this business is MangoRx or Mangoceuticals, Inc. (NASDAQ: MGRX), which develops a variety of men's health and wellness products and services. Working with Surescripts, which helps coordinate all the parties in the prescription process, MangoRx recently transitioned its telemedicine platform to a newly developed DEA-approved telemedicine operating system. The new system allows MangoRx’s third-party doctor network to prescribe and offer controlled substances. These include Prime Protocol by MangoRx, powered by Kyzatrex, an Oral Testosterone Replacement Therapy and other hormone replacement treatments. According to Jacob Cohen, CEO and co-founder of MangoRx, the company is dedicated to “revolutionizing patient care,” and the new system enhances patient management by “offering seamless doctor visits, prescription auto-refills, and overall health management.” MangoRx is joined in the telehealth space by companies like Hims & Hers Health (NYSE: HIMS), a San Francisco-based telehealth company; Maximus Tribe, a compound pharmaceuticals company that also offers coaching and is based in Santa Monica, California; and Nu Image Medical, a Tampa, Florida-based company that sells weight loss, hormone replacement, sexual health, and general wellness products. Cohen argues, however, that MangoRx is setting a new benchmark for excellence in telemedicine. The company believes that the steps it is taking create meaningful competitive advantages over other companies in the space. MangoRx’s Digital Leap Shortens Time To Market MangoRx, which currently offers therapy options for erectile dysfunction, hair growth and hormone replacement, intends to use the new operating system to roll out new weight loss treatment options. These include an oral dissolvable GLP-1 tablet that includes Semaglutide and Tirzepatide, the ingredients in some of the most popular prescription weight loss medicines. The company’s new operating system helps it accelerate the ability to introduce other new product lines, the first of which is the dissolvable tablet they have branded as Slim and Trim. This brand will help MangoRx capitalize on the significant demand for GLP-1 weight loss treatments for both men and women. MangoRx expects these products will be available to patients before the end of the third quarter and that this new addition will help it to substantially grow revenue moving forward. The company says its new operating system will enable it to respond quickly to market needs and marks an important milestone for MangoRx, representing a significant advancement in its capabilities. Amanda Hammer, COO of MangoRx, says that the company has a “commitment to regulatory compliance and innovation” and that the new operating system’s cutting-edge technology puts it in a position to continue “revolutionizing patient care in the telemedicine industry.” MangoRx notes that the system is fully HIPAA-compliant to ensure that all operations adhere to stringent regulatory standards. The new system includes robust security measures to protect patient data and maintain the highest levels of confidentiality. The system upgrade accompanies a redesigned website with an improved user interface to optimize the customer experience and enhance workflows. The combination creates real-time data tracking and seamless integration that enhance operational efficiency and improve patient engagement. Featured photo by LinkedIn Sales Solutions 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

September 05, 2024 08:50 AM Eastern Daylight Time

Image
1 ... 6566676869 ... 3772