The Project Provides Residents on Yas and Saadiyat Islands with 8 Robotaxis and 4 Minibuses, Serving Over 5,000 Registered Users and Fulfilling 17,000 Orders ABU DHABI, UAE, Aug. 8, 2023 /PRNewswire/ — In line with the vision of the wise leadership to make Abu Dhabi’s cities smarter and more sustainable, the Integrated Transport Centre (ITC) of the Abu… Continue reading Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future
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Beond Holding Successfully Closes Over US$17M Seed Round to Establish World’s First Premium Leisure Airline
DUBAI, UAE, Aug. 8, 2023 /PRNewswire/ — Beond, the world’s first premium leisure airline, is pleased to announce the successful completion of over US$17M Seed Round from a group of esteemed investors. The round was oversubscribed, reflecting the strong confidence and belief in Beond’s vision and potential. Participants included family offices, angel investors, and strategic… Continue reading Beond Holding Successfully Closes Over US$17M Seed Round to Establish World’s First Premium Leisure Airline
VerifyMe Reports Second Quarter 2023 Financial Results
Quarterly revenue of $5.3 million in Q2 2023, compared to $4.5 million in Q2 2022 Net loss of $0.9 million in Q2 2023, compared to a net loss of $12.6 million in Q2 2022 (inclusive of write off of $11.2 million related to the SPAC) Adjusted EBITDA(1) of ($0.4) million in Q2 2023, primarily due… Continue reading VerifyMe Reports Second Quarter 2023 Financial Results
CIVITAS ANNOUNCES SENIOR LOAN CLOSE IN EMBASSY SUITES CHICAGO NAPERVILLE TRANSACTION
DALLAS, Aug. 10, 2023 /PRNewswire/ — Civitas Capital Group, a Dallas-based alternative investment manager offering niche opportunities in U.S. real estate, today announced that it has closed a senior loan on the 168-key Embassy Suites by Hilton Chicago Naperville hotel located in Naperville, Illinois, a western suburb of Chicago. This loan will be used to… Continue reading CIVITAS ANNOUNCES SENIOR LOAN CLOSE IN EMBASSY SUITES CHICAGO NAPERVILLE TRANSACTION
Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Continue Reading Kiepe Electric is a global leader in the electrification of road and… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
ZE Government Solutions Announces Air Force SBIR Phase I Contract to Deploy AI-Based Threat Detection on Indoor Drones
PHILADELPHIA, Aug. 10, 2023 /PRNewswire/ — ZE Government Solutions (ZEGS), a wholly owned subsidiary of AI-based gun detection leader ZeroEyes, today announced that it has been selected by AFWERX for a SBIR Phase I contract focused on threat detection using indoor drones to investigate its potential to fill capability gaps in the Department of the Air Force… Continue reading ZE Government Solutions Announces Air Force SBIR Phase I Contract to Deploy AI-Based Threat Detection on Indoor Drones
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Fire Truck Market to Reach $9.90 Billion, Globally, by 2032 at 5.0% CAGR: Allied Market Research
The growth of the global fire truck market is driven by factors such as the growth in stringent fire safety regulations, the electrification of fire trucks, and the rise in the replacement of aging fire truck fleets. PORTLAND, Ore., Aug. 10, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Fire Truck Market by Type (Aerial, Pumper, Rescue, Tanker,… Continue reading Fire Truck Market to Reach $9.90 Billion, Globally, by 2032 at 5.0% CAGR: Allied Market Research
LOCUS ROBOTICS AGAIN NAMED TOP 100 SUPPLY CHAIN PARTNER BY SUPPLY CHAIN BRAIN MAGAZINE
WILMINGTON, Mass., Aug. 10, 2023 /PRNewswire/ — Locus Robotics, a global leader in autonomous mobile robots (AMRs) for warehouse automation, today announced that Supply Chain Brain Magazine has again named Locus as a top 100 Supply Chain Partner for 2023. The award showcases a select group of companies whose customers recognize them for providing outstanding solutions… Continue reading LOCUS ROBOTICS AGAIN NAMED TOP 100 SUPPLY CHAIN PARTNER BY SUPPLY CHAIN BRAIN MAGAZINE
Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation