News Hub | News Direct

All Industries


Article thumbnail News Release

Alkane Resources increases Tomingley extension gold reserves to 664,000 ounces

Alkane Resources Limited

Alkane Resources Ltd managing director Nic Earner sits down with Jonathan Jackson in the Proactive studio to discuss the large increase in reserves at the Tomingley Gold Extension Project, where that increase has come from and what it means for the company's mining plans. Earner addresses the adjustments in the resource statement compared to previous reports, highlighting the importance of these changes and the factors contributing to them. He also looks at the prospects for further expansion in Alkane Resources' reserves and resources, examining the potential for growth and the company's strategies moving forward. Earner said: “The updated Roswell reserve is the latest step in the development of the Roswell orebody as the new source of ore for Tomingley. First stoping from Roswell is expected in April as soon as the regulator has given approval to the relevant management plans. “The higher grades expected to be mined at Roswell, together with the paste plant under construction should lift production to the run rate of 80,000 ounce per annum level. This is the first stage in the pathway to regularly producing over 100,000 ounces per year at Tomingley.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

February 27, 2024 03:45 PM Eastern Standard Time

Video
Article thumbnail News Release

Island Pharmaceuticals to raise $1.95 million for ISLA-101 development

ISLAND PHARMACEUTICALS LIMITED

Island Pharmaceuticals Ltd (ASX:ILA) CEO and managing director Dr David Foster joins Jonathan Jackson in the Proactive studio to discuss the company’s $1.95 million raise and developments around ISLA-101, its leading drug candidate. Dr Foster provides an overview of ISLA-101, focusing on its intended purpose and potential impact, before speaking about the allocation of funds, particularly towards the analysis of data from the Phase 1 dose-escalation study. He also discusses the outcomes of this study, including the safety and tolerability of the drug, and what these results signify for the company. Money will also be used to advance a Phase 2 clinical trial. Dr Foster details the steps involved in this and what the company aims to achieve in this next phase of research. Finally, he looks ahead to the upcoming quarter, discussing the milestones and developments Island Pharmaceuticals anticipates. “We are delighted with the support shown by existing and new sophisticated and professional investors to this offer and are very pleased to extend the offer on the same terms to all eligible shareholders," Dr Foster said. "Funds raised will be used to analyse the Phase 1 dose and prepare for the planned Phase 2 clinical trial. If the options issued under the offer are exercised funds will advance our Phase 2 efficacy study for ISLA-101 with respect to dengue fever, which will define an exciting and critical period for the company.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

February 27, 2024 03:40 PM Eastern Standard Time

Video
Article thumbnail News Release

Galileo Mining set to drill in April with $10 million in the bank

GALILEO MINING LTD

Galileo Mining Ltd (ASX:GAL) managing director Brad Underwoood sits down with Proactive’s Jonathan Jackson to discuss the completion of high-powered induced polarisation (IP) geophysical surveys on three of 12 planned lines at the North Callisto prospect within its Norseman Project in Western Australia. The data is expected to provide drill targets for the upcoming drill campaign at North Callisto which is set to kick off in April. Meanwhile, IP surveying will continue for the next few months over the project’s underexplored South Callisto and Mission Sill prospects, aiming to identify undercover sulphide deposits. With $10.4 million in cash in the bank, Galileo is very well funded to undertake its upcoming exploration programs. “Work at our Norseman Project has been moving quickly over the last month as we continue to undertake extensive geophysical surveys and field mapping programs, Underwood said. "The breakthrough discovery of the PGE-nickel Callisto deposit in 2022 has opened up the strong possibility of new discoveries within our highly prospective 254 square kilometre Norseman land position. "As the discoverer of a new deposit, Galileo has a unique first mover position to aggressively explore the area for new high-value resources and we are very excited to be exploring within such a prospective region of Western Australia with its long history of exploration and mining successes.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

February 27, 2024 03:30 PM Eastern Standard Time

Video
Article thumbnail News Release

Legible Partners with Dreamscape Media to Expand Audiobook Offering

Legible Media Inc

February 27, 2024 – TheNewswire - Vancouver, British Columbia – Legible Inc. (CSE:READ) (OTC:LEBGF) (FSE:D0T) ("Legible” / “Company”), a global digital reading platform, publisher and eBookstore offering a vast selection of ebooks and audiobooks, is excited to announce an agreement with Dreamscape Media to distribute its outstanding audiobook catalogue. Dreamscape Media’s catalogue includes bestselling audiobooks, children’s educational videos, prominent independent authors, and partnerships with key publishers such as Bloodhound Books, with new publications being released monthly. "We are excited to collaborate with Legible to widen our audiobook audience, including in the growing global automotive infotainment sector," said Sean McManus, the president and publisher of Dreamscape Media. "This partnership aligns perfectly with our goal to expand opportunities for listeners to enjoy our standout offerings worldwide." With thousands of titles, hundreds of award-winning digital publications, presence in 100 countries, and an additional focus on creative multimedia, Dreamscape Media is an ideal partner for Legible, which is a distributor of audiobooks and multimedia books for the next generation of book lovers, as well as automotive customers. "We are thrilled to join forces with Dreamscape Media’s expert team," said Kaleeg Hainsworth, CEO of Legible. "Their deep commitment to excellence in audiobook publishing reflects Legible’s focus on creating and distributing high quality digital publications positioned for the rapidly expanding market for e-reading and listening." Dreamscape Media’s audiobooks will be available on Legible’s eBookstore for purchase and as part of Legible’s Unbound monthly membership program, augmenting the great selection available to Legible customers around the world. About Dreamscape: Dreamscape Media is an award-winning independent publisher that produces fiction and non-fiction audiobooks, book-based children’s read-along video programs, and offers audio publishing services to prominent independent authors and publishers through Dreamscape Select. Dreamscape strives to publish and distribute titles that both inspire and entertain listeners, readers, and viewers around the world. Titles are available to both library and retail channels in physical and digital formats. For more information about Dreamscape, please visit dreamscapepublishing.com. About Legible: Legible is a groundbreaking, mobile-centric global company specializing in eBooks and audiobook entertainment, boasting a market opportunity exceeding billions of dollars. Legible’s extensive partnerships encompass four of the Big 5 Publishers, the world's largest eBook distributor, and a wide range of outstanding and innovative publishers of all sizes, enabling it to seamlessly deliver millions of multi-lingual eBooks and audiobooks, effectively transforming any smart device into a dynamic library and eBookstore. Legible’s publishing division is revolutionizing the industry by crafting proprietary AI and multimedia-enriched books, setting new standards in literary engagement, and has created the world’s first LibrarianAI to offer personalized book recommendations. Legible is at the forefront of reshaping the digital publishing landscape, committed to gaining a significant market share by providing innovative 21st-century publishing solutions and enriching global reading experiences. Visit Legible.com and discover the place where eBooks come to life. Legible Contact Ms. Deborah Harford EVP, Global Strategic Partnerships Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T) E-mail: invest@legible.com Website: https://invest.legible.com Legible Investor Relations Mr. Neil Simon, CEO Investor Cubed Tel: +1 647-258-3310 E-mail: nsimon@investor3.ca Cautionary Note Regarding Forward Looking Information This Press Release contains certain statements which constitute forward-looking statements or information (“forward-looking statements”), including statements regarding Legible’s business. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Legible's control, including the impact of general economic conditions, industry conditions, currency fluctuations, the lack of availability of qualified personnel or management, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Legible believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward- looking information. As such, readers are cautioned not to place undue reliance on the forward- looking information, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Legible does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

February 27, 2024 02:15 PM Eastern Standard Time

Article thumbnail News Release

IPX Unveiled Its First PFP Project ‘WADESIDE’, Elevating the Dynamics Between Authentic IP Activities and NFT Value Growth

IPX

IPX Unveiled Its First PFP Project ‘WADESIDE’, Elevating the Dynamics Between Authentic IP Activities and NFT Value Growth IPX launches WADESIDE, its digital artist WADE’s first PFP project consisting of 13,333 pieces, through industry’s first INO (Initial NFT Offering) with bucket auction for corporations and the public throughout the year with CRIPCO, the global blockchain and NFT company According to the company, the private auction which has been held for 5 days from Feb.22 has raised record-breaking amounts with participation from high-profile Web3 firms including Animoca Brands, Chiru Labs, and Phaver while public release starts from Feb.28 followed every week Launched in 2022, WADE F&F Membership NFTs’ prices in this January recorded approx. 240x higher compared to initial minting, validating authentic IP activities as catalysts for NFT value growth – per the company’s statement The new WADESIDE project was highlighted as ‘one of the most anticipated PFP projects of the year’ by major global NFT alpha groups and communities even before its launch IPX elevates WADE’s digital artist identity to maximize IP value in both Web 2 and Web3, and WADESIDE offers benefits encouraging collaborative growth between the IP and the fans Digital IP entertainment company IPX (formerly LINE FRIENDS) announced the launch of its first PFP (Profile Picture) project, “WADESIDE”, through its partnership with CRIPCO, a global blockchain and NFT company. Since the release of the WADE F&F membership NFT in September 2022, IPX has been building trust and a strong bond with holders by closely communicating with them and consistently showcasing WADE’s performances as a digital artist. Despite the volatile market conditions, the NFT prices have steadily increased, reaching approximately 240 times the initial minting price as of January, per the company’s statement. IPX’s commitment to sustained and authentic IP activities has demonstrated a correlation with the surge in NFT values, even during the ‘crypto winter’. The “WADESIDE” project, created based on the digital artist IP WADE on the Ethereum blockchain, introduces a total of 13,333 profile pictures (PFP) NFTs sequentially. It employs the industry’s first INO (Initial NFT Offering) system, featuring a bucket auction sales method that will take place every week throughout the year, targeting corporations, in addition to the public. IPX completed the pre-sale of 1,916 NFTs through a private auction to companies and whitelists from February 22 to 27. According to the company, global Web3 giant firms and projects such as Animoca Brands, Azuki, Sappy Seals, Phaver and Mocaverse participated in the auction, raising record-breaking amounts in total in five days, proving the industry’s strong interest. The remaining NFTs, except for some NFTs that have been airdropped to existing WADE membership NFT ‘WADE F&F’ holders, will be sold through weekly auctions in the next 43 weeks to the public starting from February 28. WADESIDE has attracted several reputable companies in its pre-sale and has garnered attention as ‘one of the most anticipated PFP projects of the year’ in key alpha groups and communities in the NFT circle on Discord and X (formerly Twitter). The project has garnered substantial attention on it’s online communities and many participants in the cryptocurrency ecosystem are waiting for it’s launch. “IPX’s NFT business is not merely a means to generate instant profits, but an integral part of our IP business aimed at sustainable growth of IPs. That is why we want to extend the WADE IP, which has been building influence by communicating with fans in the music, fashion, and art scene, to the Web3 as NFTs.” said an IPX official, “WADESIDE is a unique project that benefits fans who recognize the value of WADE as an artist. We anticipated it to be a project where the IP and fans grow together.” Meanwhile, WADE has showcased impressive collaborations with high-end fashion brands such as PEACEMINUSONE, SAINT MXXXXXX, Valentino, and more, both virtually and in real life. WADE has also established his online and offline influence as a digital artist, by hosting pop-up (IRL) events for WADE F&F holders and business partners, presenting his works at the ‘O! Leica 2022’ photo exhibition as the first virtual artist and presenting as a digital ambassador for Sneakers Unboxed Seoul. This year, WADE will continue to release digital music, participate in cultural and arts festivals, and collaborate with renowned brands in various fields. According to IPX, this shall start with participation in the AIRLESS GEN1 brand campaign with Wilson, the official ball manufacturer of the NBA. Detailed information about “WADESIDE” can be found on the website: https://mint.wade.club/ Bucket Auction In a bucket auction, participants bid with Ethereum for each NFT, and winners and losers are determined by the clearing price, which is determined at the end of the auction. The floor price is calculated by dividing the final amount that would be raised by the number of NFTs sold. About IPX (F.K.A LINE FRIENDS) IPX is the new corporate name of LINE FRIENDS, a global character brand that originally started from Original Characters including BROWN, CONY, SALLY created for use as stickers for the leading mobile messenger app LINE and its 200 million active users worldwide. IPX recently announced a new business strategy that it would accelerate the global expansion of its IP businesses by diversifying its IP portfolios targeting all ages and advancing its digital and retail business. IPX has carried out its IP-based business by partnering with global companies including Netflix (original animated series), SUPERCELL (Brawl Stars), and NEXON (KartRider), while it has created popular IPs including digital artist ‘WADE’, ‘BT21’ (BTS), ‘TRUZ’ (Treasure) and broadened their boundaries to virtual influencers to win the hearts of over 40 million Millennials and Generation Z worldwide. IPX currently operates in 17 markets worldwide including Seoul, New York, LA, Tokyo, and Shanghai, and operates in 16 online sales platforms. Contact Details IPX Ron Han ron.han@hillandknowlton.com

February 27, 2024 01:39 PM Eastern Standard Time

Image
Article thumbnail News Release

TRUE Addiction & Behavioral Health: Elevating Standards of Care in Murfreesboro, Tennessee

TRUE Addiction & Behavioral Health

TRUE (Transforming Roots Unto Eternity) Addiction & Behavioral Health proudly announces its grand opening in Murfreesboro, Tennessee for individuals seeking comprehensive addiction and behavioral health services. Founded by Benjamin Dobbs, the facility stems from the urgent need for elevated standards of care in substance abuse and mental health treatment across the greater Nashville area. TRUE offers a spectrum of services addressing substance abuse, mental health disorders, and gambling and process addiction. Recent statistics underline the critical need for such services. According to the National Institute on Drug Abuse (NIDA), approximately 20.4 million adults in the United States battled a substance use disorder in 2019, with only about 10.3% receiving the specialized treatment they needed. Furthermore, NIDA indicates a concerning trend of increased drug overdose deaths with 92,000 fatalities recorded in 2020. Dobbs emphasizes, “As a leading substance abuse and mental health treatment facility, we are committed to delivering the highest quality care and fostering lasting recovery. Through evidence-based best practices and client-centered care, we equip individuals with the tools for transformation. Our approach delves into core beliefs, values, and connections, ensuring comprehensive support tailored to each client’s needs and fostering results-driven progress.” Programs offered: Partial hospitalization program (PHP): Intensive and structured care for individuals, ideal for those needing support beyond outpatient therapy without 24-hour hospitalization. Intensive outpatient program (IOP): Structured therapy and support while individuals continue living at home or in a supportive environment. Sober living homes: Structured housing offering additional accountability through drug tests and curfews, often utilized alongside PHP and IOP. Treatment services used in programs include: Cognitive Behavioral Therapy (CBT): Proven effective for various disorders, including depression, anxiety, and substance use issues. Dialectical Behavioral Therapy (DBT): Focused on managing emotions and relationships, particularly beneficial for addiction and self-harm. Holistic Therapy: Addressing physical, emotional, mental, and spiritual well-being for balanced development and coping skills. 12-Step Facilitation and Relapse Prevention: Customized aftercare plans and techniques to prevent relapse and sustain recovery. Additionally, TRUE plans to enhance community engagement among the clients with the upcoming opening of a 3,500-square-foot community center this spring. The center will feature a cafe, a 50-person meeting area, a meditation and yoga room, a lounge area, and a gaming area with ping pong, a pool table, and cornhole. These amenities are designed to aid in the healing process, promoting relaxation and stress reduction in clients between therapy sessions, as well as improving their comfort and ability to concentrate during therapy. TRUE Addiction & Behavioral Health in Murfreesboro, Tennessee, is dedicated to delivering compassionate and personalized care to individuals facing addiction and mental health challenges. Unlike standardized approaches, TRUE devises tailored treatment plans, equipping clients with the tools needed for lasting recovery. It stands as the only facility in Tennessee offering outpatient care for both mental health and substance abuse. For more information about programs and scheduling tours, visit https://trueaddictionbh.org/. Contact Details R Public Relations Madison Baber +1 210-213-2426 madison@rprfirm.com Company Website https://trueaddictionbh.org/

February 27, 2024 01:31 PM Eastern Standard Time

Image
Article thumbnail News Release

Express Gene Molecular Diagnostics Laboratory Receives Accreditation from the College of American Pathologists

ExpressGene Lab

The Accreditation Committee of the College of American Pathologists (CAP) has awarded accreditation to Express Gene Molecular Diagnostics Laboratory (Express Gene Lab), following a comprehensive on-site inspection by CAP inspectors, who are experienced professionals in pathology and laboratory medicine. This accreditation is a testament to Express Gene's adherence to the highest standards of quality and risk management, contributing significantly to enhanced patient outcomes. Express Gene Lab, was informed of this prestigious global recognition and praised for the laboratory's commitment to excellence in its services. Express Gene Lab is now among the elite group of over 8,000 CAP-accredited facilities worldwide. Express Gene Lab Team expressed their enthusiasm: "Achieving CAP accreditation is a monumental milestone for Express Gene Lab. It underscores our dedication to providing the highest quality of laboratory services and our commitment to patient care. This accreditation affirms our relentless pursuit of excellence and our unwavering commitment to the health and safety of our patients." The CAP accreditation process is rigorous, involving detailed scrutiny of the laboratory’s procedures, records, quality control measures, staff qualifications, equipment, facilities, safety protocols, and overall management. This evaluation ensures adherence to the latest best practices in laboratory medicine.. Express Gene Lab takes immense pride in this achievement, which reflects our pathology and laboratory medicine team's hard work and dedication to high-quality patient care. About the College of American Pathologists: The CAP is the world’s largest organization of board-certified pathologists and a leading provider of laboratory accreditation and proficiency testing programs. It serves patients, pathologists, and the public by promoting excellence in pathology and laboratory medicine globally. For more information, visit CAP.org and follow the stories of pathologists making a difference in patient care at yourpathologist.org. Rooted in pathologist expertise, CAP collaborates with laboratories globally to enhance the quality of laboratory medicine, aiming for operational excellence, diagnostic confidence, and superior patient care About Express Gene Molecular Diagnostics Laboratory Express Gene Lab is at the forefront of molecular diagnostics, offering a comprehensive suite of genetic testing services designed to provide insightful and actionable health information. Our state-of-the-art laboratory is equipped with advanced technology to ensure accuracy and reliability across all tests, including pharmacogenomics, cancer risk assessment, neurogenetic disorders, and prenatal screenings. At Express Gene Lab, we are committed to making genetic testing accessible and understandable, empowering individuals and healthcare providers to make informed decisions about health and treatment strategies. Our team of expert geneticists, pathologists, and laboratory technicians work diligently to uphold the highest standards of quality and confidentiality. With a patient-centric approach, we strive to deliver not just results, but also the support and resources needed to navigate genetic health. Express Gene Lab is proud to be an accredited facility by the College of American Pathologists (CAP), reflecting our dedication to excellence in laboratory services. For Press Inquires: AlphaBull (800) 530-0412 www.Pubcowire.com For more information about our services or to request a testing kit, please visit our website www.expressgene.me/collection or contact us directly. Our customer service team is available to answer any questions and assist with your genetic testing needs. At Express Gene Lab, your health is our priority, and we are dedicated to providing you with the highest level of service and care. Contact Details ExpressGene Lab Lab Direct +1 786-250-3419 info@expressgene.us Company Website https://www.expressgene.us

February 27, 2024 12:54 PM Eastern Standard Time

Article thumbnail News Release

ASTRO America joins Government of Guam and US Navy for Announcement of ‘Project Plan’ for 3D Printing Center on Guam

ASTRO America

The Applied Science & Technology Research Organization of America ( ASTRO America ) joined Governor Lourdes A. Leon Guerrero of Guam and U.S. Navy Rear Admiral Scott Pappano, Program Executive Officer, Strategic Submarines (PEO SSBN) at a joint meeting last week, where they announced a project plan for building an additive manufacturing (AM) technology and workforce education center on Guam. This project is the culmination of efforts, spearheaded by the Governor over two years ago, to bring industrial additive manufacturing (or 3D Printing) to the island in order to diversify and expand Guam’s economy. She and her administration commissioned a study by ASTRO America, a manufacturing policy think-tank, to evaluate the feasibility of bringing such technology to Guam. A strong advocate for modernizing submarine production and addressing material readiness challenges through advanced technology, Rear Adm. Pappano and his team became natural partners, especially as they implement and scale innovative solutions to modernize America’s submarine industrial base. The new center is envisioned to serve a dual mission of: 1) Advancing national security by giving the submarine industrial base abilities to print components on-demand at the point-of-need. 2) Supporting economic development in Guam, forming a workforce skilled in key science, technology, engineering, and mathematics (STEM) careers, while also building out a new industry sector on-island, capable of delivering complex ship components. “Our announcement marks an historic inflection point for both the Government of Guam and the United States Submarine Industrial Base,” said ASTRO America President Neal Orringer (former Department of Defense Director of Manufacturing). “Working together, we will build an innovative and resilient technology base. Not only will we train a new generation of advanced manufacturing engineers, and operators but we will ensure the Navy’s access to critical capabilities for prototyping, producing, and validating key parts, components, and materials through advanced manufacturing and 3D printing capability.” The project plan discussed by Governor Leon Guerrero and Rear Adm. Pappano involves three key phases to develop and sustain submarine industrial base capabilities in the Indo-Pacific. PHASE 0: Structure and Business Plan. This phase, announced earlier this year, includes designing an advanced manufacturing technology and education center on Guam, with plans to procure, position, and operate industrial equipment on the island. A satellite campus at the University of Guam will be comprised of several partners that are mainland U.S.-based universities with leading industrial manufacturing higher education programs. This concept will include strategies for the campus’ long-term training, operation, and sustainment. Additionally, details for building capabilities on-site for part-production and test/evaluation will be developed, in concert with leading submarine industrial base and government officials to ensure supply can meet demand in Guam. PHASE 1: Staging and Transition. Based on the plans and concepts established in Phase 0, while the Government of Guam is constructing a permanent facility, the team will procure equipment and position technology appropriately within shipping container modules to establish initial capability, and determine optimal factory equipment and large-scale testing configuration for qualification of advanced shipbuilding tools and components. The campus will be operational, enrolling students with appropriate support staff and technology integration. Additionally, use-cases will demonstrate effectiveness of the team’s short- and long-term approach to part prototyping and validation. PHASE 2: Deployment and Operational Launch. In the next stage, modules with 3D production and advanced inspection equipment will be positioned and transitioned for implementation on Guam. Coursework will be underway for students in Guam for on-island credentialed higher education, as well as prototyping and testing/evaluation of naval ship production parts to support the submarine supply chain. Each of these phases will be carried out in close coordination with and direction from another leading defense nonprofit organization, BlueForge Alliance (BFA), which serves as project integrator for the submarine industrial base’s broad-based initiatives across every region of the United States. At the meeting, Governor Leon Guerrero and Rear Adm. Pappano affirmed their joint commitment to this project plan, including support from the Guam Economic Development Authority and University of Guam in establishing a facility and investments by BFA on behalf of the Navy to advance common goals, including enabling the future tri-lateral AUKUS partnership. The project’s success will be measured by the team’s efforts to catalyze growth of a specialized advanced manufacturing workforce, as well as necessary capabilities to produce parts that will meet growing national security needs for the submarine industrial base. “I am pleased to join Rear Admiral Pappano in developing this project plan, informed by the input of public and private entities across the island of Guam,” said Governor Leon Guerrero. “This plan will create new job opportunities for Guam while contributing to America’s national security interests. It’s a win-win.” “The Navy is excited to be working with the Government of Guam and the great team at ASTRO on this vital mission to further the national imperative for advanced manufacturing capability and the workforce to execute those requirements in a strategic location that directly benefits our ships and submarines,” said Rear Adm. Pappano. ASTRO will continue to manage this effort, with support from both the U.S. Navy and the Government of Guam. The project is expected to be informed by Phase I of the feasibility study completed for the Guam Economic Development Authority last year, as well as the second report being completed with the Guam Bureau of Statistics and Plans. That forthcoming report is focused on developing an implementation plan to establish an ecosystem tailored to distinct advanced manufacturing and AM requirements, as well as the unique economic and geo-political conditions on Guam. Both agencies will play roles in the new project that advances both economic and security needs through AM development on the island. For more information on this project, click here. The Applied Science and Technology Research Organization of America (ASTRO America) is a 501(c)(3) not-for-profit, non-partisan Research Institute and Think Tank. It was established in 2018 to advance the public interest through manufacturing technology and policy. Led by manufacturing professionals with broad public and private sector experience, ASTRO America supports collaborations by government agencies and companies to address supply chain challenges in highly regulated industries, including aerospace and defense. Find out more: https://www.astroa.org/ Contact Details Elizabeth Heaton +1 202-445-9858 elizabeth@astroa.org Company Website https://www.astroa.org

February 27, 2024 12:42 PM Eastern Standard Time

Image
Article thumbnail News Release

Aethir Unveils Its First Decentralized AI Node Sale

Aethir

Aethir, a leader in decentralized GPU cloud infrastructure, has announced its highly anticipated Node Sale. Aethir is an enterprise-grade, AI and Gaming-focused GPU-as-a-service provider. Aethir’s decentralized cloud computing infrastructure enables GPU providers to connect with enterprise clients who need the raw power of NVIDIA’s H100 chips for sophisticated AI/ML tasks. In addition, Aethir’s infrastructure supports cloud gaming clients and has contracts with the world’s largest gaming and telecom companies, taking advantage of its flexibility and coverage across technological and operational expertise. $ATH token is the native token for the Aethir network, to reward node providers and checkers for maintaining the Aethir Decentralized Cloud Infrastructure network. This decentralization starts first with the Checker Nodes, the validator of our ecosystem, equal opportunity to participate, equal opportunity to validate, and equal opportunity to earn an additional bonus for catching bad actors and slashing their rewards. Aethir aims to be an enterprise-first infrastructure partner leveraging the Arbitrum ecosystem for DePIN and AI, as it will host its node infrastructure in the ecosystem and prepare for its own node sale on Arbitrum. Why Run a Node on Aethir? Running a node on Aethir contributes to the decentralization of cloud compute and earn rewards from being a network participant. The first type of node in the Aethir network that will be made available is the checker node, a node for any user to operate to help in the verification of the uptime, latency, quality of service, and computational power provided by other node participants in the future. Aethir’s team always strives to ensure a decentralized approach in every aspect of the project. The team’s commitment to decentralization and community ownership starts with opening up the decentralization of the checker nodes licenses, which play a critical role in the ecosystem in validating service provision within the Aethir infrastructure. The Node Sale details are as follows: 100,000 nodes available in a tiered pricing system. Nodes will be sold on Arbitrum via a public sale. Nodes are transferable one year post-sale. Rewards will be accrued and earned upon a vesting logic for each user No cap on the number of nodes one can purchase. Special allotment for the Aethir community, partners, and KOLs for whitelists for early adopters of the network Exclusive Revenue Opportunities for Node Operators As a node operator in Aethir’s ecosystem, users stand to earn up to a total of 15% of the total supply of the Aethir ecosystem (over the course of the next four years) set aside for checker Node Operators specifically. Other rewards will be set aside for other mining and technical participation roles within the network. Nodes earn rewards for helping verify the data and service provision within the network, serving as checks and balances for the future mining throughput of AI-enabled processing chips and other computational power. This checker node sale gives the opportunity for anyone to be a part of the network to support in the build up of a decentralized ecosystem for the largest collection of decentralized AI computational power, without forcing every regular user to be ready on day one to participate in heavy duty computational work. Tiered Public Node Sale – A Chance for Everyone to Participate With nodes starting at $500 per checker node, and then increasing at each tier, and whitelists set aside for different participants amongst Aethir community, partner communities, KOLs, and venture capital teams, this sale has been designed to involve all types of participants. Users will be participating with wrapped ETH (WETH) on Arbitrum network, and full details of the sale will be available at this link: http://checker.aethir.com The details of running the node will be made available at the time of testnet launch. Aethir is excited to announce the first ever tiered decentralized AI public node sale, ensuring fair and broad access to its burgeoning network. While a select number of nodes have been reserved for whitelists, including KOLs and members of the Aethir and partner communities, the majority of the nodes are open to the public to purchase on a first come first serve basis. This structure guarantees that everyone has the opportunity to join Aethir’s revolutionary journey towards decentralization. KOLs will receive a unique referral code to share with their community, earning a referral fee for each node sale made using their code. Node Sale Timeline Node sale announcement: February 26, 2024, 12 PM UTC Impossible Whitelist campaign Node sale launch: March 20, 2024, 10 AM UTC Network launch: Q2 2024 For more details on how to purchase and run a node, stay tuned to Aethir’s official channels. Aethir’s Ecosystem and Your Role As node operators, you’re an integral part of Aethir’s ecosystem, earning rewards for your crucial computing contributions once the network goes fully live. Aethir is on a mission to accelerate the world’s transition to universal cloud computing—and you’re invited to join this journey through our Initial Node Offering. More on Aethir Aethir’s Unprecedented Product Traction Secured a mid 7-figure annual contract with the world’s largest telco, scaling to 8-figures by Q2 2024. On track to sign three more enterprise contracts in Q1 2024. Signed three contracts for cloud gaming, with over ten more anticipated in Q1 2024, including partnerships with the world’s largest gaming company boasting 150M+ MAU and a 22% conversion rate. Grown to over 170k+ community members. Proud members of NVIDIA’s Inception Program, equipped with a strong lineup of H100 chips that even Meta (Facebook) is acquiring in billions. Backed by the Best Our mission is supported by an impressive roster of committed investors, including Maelstrom, Mirana Ventures, Animoca Brands, Sanctor Capital, Hashkey, Merit Circle and CitizenX, IVC, Framework Ventures, and Infinity Ventures Crypto. Meet the Team Behind the Mission Mark Rydon Daniel Wang Kyle Okamoto Paul Thind About Aethir Aethir is revolutionizing DePIN with its advanced, distributed enterprise-grade GPU-based compute infrastructure tailored for AI and gaming. Backed by leading Web3 investors like Framework Ventures, Merit Circle, Hashkey, Animoca Brands, Sanctor Capital, Infinity Ventures Crypto (IVC), and others, with over $32 M in funds raised for the ecosystem, Aethir is paving the way for the future of decentralized computing. Users who want to be a part of the node sale and help shape the future of AI and gaming can check Aethir’s official node sale link to learn how to participate in the sale. Contact Details Aethir David Costello dave@aethir.com

February 27, 2024 11:31 AM Eastern Standard Time

Image
1 ... 386387388389390 ... 3755