News Hub | News Direct

Doceree launches The NEXT Marketing Lab – a data innovation opportunity for pharma marketers – at Digital Pharma East 2023

Doceree Inc

Doceree, a global platform building unprecedented solutions for HCP programmatic marketing with proprietary data tools, today announced yet another pathbreaking measure for the life sciences industry, The NEXT Marketing Lab. The innovation lab dedicates itself to addressing one of the most pressing challenges in the pharmaceutical sector: data intricacies, especially rigid data silos, that hinder commercial team collaboration, informed decision-making, next-gen research and clinical transformation. Curated for Doceree clients, who will gain exclusive access to the solution, The NEXT Marketing Lab will use proprietary cross-functional collaboration methodologies to identify tailored, next generation data strategies and solutions that maximize outcomes. As a well-known global pharma tech company built around proprietary technology and data tools, Doceree aims to revolutionize data solutions that marketing, sales and access teams can use to plan, deliver, and scale HCP communications backed by timely actionable insights. “The pharma landscape has evolved drastically with the industry waking up to the new reality of digital and incorporating the same into its fold to target HCPs across online platforms. The new scenario is a lot different from how data was traditionally collected in a controlled manner. The digital push has led to innumerable, vast and unstructured HCP datasets that are difficult to exploit for valuable insights that can drive key business decisions to make HCP communications more effective in terms of precision, timing and relevancy,” said Harshit Jain MD, Founder & Global CEO, Doceree. “We are guided by the vision of transforming the pharma messaging landscape. It is with this intent we have launched our latest initiative to break big data silos and bring value to pharma marketing by structuring scattered datapoints. As opposed to how unreal big data in the pharma sector may have looked, it is now a reality the industry can’t escape, and its potential can’t be ignored. The lab will greatly facilitate marketers to use and share data with ease and work with HCP datasets holistically to enhance internal and external collaborations to support innovation. This is the kind of value creation we aim to make for our partners as we assist them in their business growth.” Backed by a team of experts with extensive experience in pharmaceutical marketing, medical, consulting, data science, and technology, Doceree will engage with life sciences companies to explore and customize data strategies and solutions that align to their unique needs. The NEXT Marketing Lab collaborations can be tailored to tackle diverse challenges, such as cross-functional insight sharing, reliable HCP behavior modeling, physician-level personalization and compliant RWD integration. Cross-functional collaboration executed within a well-designed process is key to unlocking change. The NEXT Marketing Lab will use Doceree’s proprietary 4D™ methodology to: Decipher the most pressing commercial challenges impacted by data limitations. Decode relevant and viable data solutions. Decide what to prioritize based on impact and feasibility. Deliver a phased roadmap to achieve goals. “Doceree’s The NEXT Marketing Lab is designed to help marketers not only explore transformational data opportunities, but also to cross the chasm between innovative ideas and impactful market solutions,” said Kate Miller, Executive Vice President of Strategy at Doceree. “At Doceree, our mission is to push how data and technology can enhance the digital experience for the benefit of healthcare providers and their patients. The NEXT Marketing Lab is a significant milestone in fulfilling this vision.” For inquiries about Doceree’s The NEXT Marketing Lab, please contact partner@doceree.com Doceree is a global platform building unprecedented solutions for healthcare professional (HCP) programmatic messaging with proprietary data tools. It facilitates messaging between life sciences brands and HCPs through an extensive global network of digital endemic and point-of-care platforms to programmatically deliver personalized communications to HCPs and transparent marketing campaign metrics at scale. To learn more, visit doceree.com. Contact Details Priyanka Bhasin +91 78387 03702 priyanka.bhasin@doceree.com Company Website https://doceree.com/us/

September 12, 2023 07:42 AM Eastern Daylight Time

Image

News Release

Is Ethereum (ETH) Undervalued? Tradecurve Markets (TCRV) Ahead of Roadmap As It Launches Demo Platform

Total Media

The cryptocurrency sector is dynamic, and Ethereum (ETH) has consistently been at the forefront of this revolution. As one of the most widely recognized cryptocurrencies, Ethereum has played a pivotal role in shaping the DeFi landscape. However, with the recent developments and the launch of the Tradecurve Markets (TCRV) demo platform, the question arises: Is Ethereum undervalued, and what does Tradecurve bring to the table? >>Register For The Tradecurve Markets Presale<< Ethereum (ETH): A Long-Time Crypto Leader Ethereum (ETH), often called the "king of smart contracts," has been prominent in the cryptocurrency world since its inception. The Ethereum blockchain enables developers to create dApps, making it a crucial infrastructure layer for the entire crypto ecosystem. In recent Ethereum news, one notable development is the integration of Ethereum with popular platforms like MetaMask. As a result, it enables users to seamlessly convert their ETH holdings into fiat currency and transfer those funds to their bank accounts. This move bridges the gap between the crypto and traditional financial worlds, making Ethereum a robust technological platform. Because of this reason, experts in the field remain bullish for the Ethereum price as they predict it could reach $2,335.71 by December 2023. >>Register For The Tradecurve Markets Presale<< Tradecurve (TCRV): A New Contender on the Rise While Ethereum is a well-established player, Tradecurve (TCRV), which was recently rebranded to Tradecurve Markets, is an emerging name gaining traction. Tradecurve Markets is a cryptocurrency exchange platform that aims to address some of the pain points experienced by traders. Recently, Tradecurve Markets made a significant move by launching its demo platform, allowing users to explore and experience its features. For example, unlike Binance or Coinbase, Tradecurve Markets does not require sign-up KYC checks. Instead, users can trade all derivatives on one account created using an email only. Thus, in complete anonymity. Additionally, the platform has attracted a remarkable user base, with over 18,000 users coming on board, highlighting its growing popularity. Even more exciting is that Tradecurve Markets is nearing its official launch, hinting at the imminent release of its innovative features and services. Currently, the project is offering its native token, TCRV, for only $0.025 as it is in Stage 5 of its presale. This token will bring users discounts, exclusive trading account rewards, and more. Plus, those who buy it now will enjoy a 20% ROI as Stage 6 will begin soon, and a price rise to $0.03. Evidently, demand is high as experts forecast a 50x surge before the presale ends. For more information about the Tradecurve Markets (TCRV) presale: Website: https://tradecurvemarkets.com/ Buy presale: https://app.tradecurvemarkets.com/sign-up Twitter: https://twitter.com/Tradecurveapp Contact Details Tradecurve Markets marketing@tradecurvemarkets.com

September 12, 2023 05:30 AM Eastern Daylight Time

REPORT: The Return of Funding Discipline triggered the ecosystem to Fight for Profitability to Survive

Finch Capital

In their 8th State of European FinTech report, Finch Capital takes a closer look at three core areas and provides an analysis of the sector with a forecast of trends that will likely emerge including: (1) Impact of Investment Environment on the State of European FinTech, (2) State of FinTech of key European Countries and (3) Thematic Trends we expect to see strong momentum next 12 months. Return of investment discipline triggers structural decline in funding, UK's share increases and the end of the mega rounds. The European FinTech sector has been heavily impacted by the new funding environment, with a total of €4.6Bn capital raised in the first half of 2023, down 70% from €15.3Bn in H1 2022. In 2021 and 2022, the top 20 funding rounds in Europe accounted for 50% of the market, they are now accounting for over 60% of total deal volume whilst having largely decreased in size. Across the investment ecosystem, the long tail of deals outside of the top 20 have been squeezed in total capital raised, and like any previous cycle corporate investors are retreating in the face of macroeconomic uncertainty. Seed rounds continued to attract funding, but companies in the Series A to C stages got squeezed the most. Sector wise, the biggest surprise has been in Payments, which traditionally has been a resilient category that saw record amounts of capital deployed in 2022, as investors took caution to the valuation inflation in the sector. Crypto has been the main benefactor as investors flocked to early stage businesses. Finch Capital’s report shows a drop of 70% in funding value across major markets such as the UK, Germany and France, although the share of the UK in the total funding accounted for 50% of the total capital raised in Europe, up from 45%. US based investors that were active in these markets have also taken a step back. For instance, in 2021, there were 3 US based firms in the top 5 investors in the UK, while in 2023, there were none. From a valuation perspective, public technology markets have retreated to 2019 levels after record growth in 2020-2021, but are showing some signs of stabilization. The private markets are undergoing a similar but slower transition to 2019 valuation levels. Later stage valuations have fallen much more dramatically having seen in some cases up to a 50% drop. The earlier stage in FinTech has been much more resilient, as valuations have remained relatively flat. There is hope for the ecosystem though, as valuations stabilized in the first 6 months of 2023 from their low in December 2022 These topics are good proxies for the overall health of European FinTech which, as Finch predicted last year, has now entered a period of contraction. Unsurprisingly, there will be losers, but like in every market cycle, there will be winners as well. Laser focus on building profitable businesses at sustainable valuations will drive economic value to all stakeholders in this next phase. Exit market remains resilient, except for larger transactions M&A activity was still only down 5%, showing an appetite to do deals at the right prices, however it showed a 84% decline in M&A transaction sizes. Public markets remained closed however, as valuations have bottomed out, and with inflation declining, 2024 could create new opportunities for Europe's highest valued companies to exit, as they are too big to be acquired. This is all against a backdrop of the M&A market seeing large outcomes decline considerably, with less than 19% of all deals valued over USD 500m and venture funding with ‘megarounds’ in particular having declined back to 2019 level. As companies fight for profitability most companies made lay-offs, except half of the European Unicorns, which are expected to start laying off in the second half The fight for profitability came into real focus in the past year as the industry suffered from more than 3,000 announced layoffs. Despite the backdrop described above, the sector is still hiring, with the 10 fastest growing Fintech companies having hired +1050 people in the past year (50% of employee base). Demonstrating a shift towards a less-well funded and more competitive landscape, some companies have decided to hire for cheaper junior positions and lay off senior sales people that have gotten too expensive over the last few years for today’s market conditions. Review of the key European countries showed that despite the slowdown, the UK markets’ maturity enables to continue to stand out Overall, the UK showed more resilience than some others and accounted for over 50% of the funding in Europe. Regions like the Nordics, Poland and France and Nordics held up through some bigger crypto funding rounds, but overall dependence on local early stage investors is prevalent. The lengthening of time to fund is also particularly felt in markets like Ireland, Poland and Nordics as investors refocus on core local markets with the bar for non-local investors rising to even higher levels than before. Sovereign Fund of Fund Investors like the British Business Bank, Enterprise Ireland, KfW, BPI continue to back funds in the local ecosystem that allowed capital to remain in the market. France for instance, had the largest equity deal of the year with Ledger raising over €400m. In general, countries with an active Series A-B investor base, such as the UK and France have seen valuations hold up with modest increases in post money valuations. The trend of a shift to software and B2B FinTech continues in 2023 The shift from consumer FinTech to B2B FinTech has been taking place over the last couple of years and now that trend is here to stay. Lending/balance sheet business in general have been affected, as cost of funding increases and loan portfolios worsen. The saving grace for some of the B2C FinTechs has been the increase in interest rates, which allows a healthy interest income revenue line to exist. As payment and open banking consolidate, regulation technology is driving increased enthusiasm in the B2B FinTech sector. KYC and AML are becoming complex and further tailwinds from government driven initiatives are resulting in renewed interest from investors. With the generative AI boom, retail banking and insurance seem to be prime candidates for adoption. Finally we expect the CFO to become even more important in an organization and the tools they use will only expand. Commenting on the findings Radboud Vlaar, Managing Partner at Finch Capital, said: “Since mid 2022 we have seen an increase in investment discipline in public and private markets, resulting in less funding, lay-offs, less IPOs, flight to quality and focus on capital efficiency. This will continue to be painful for the next 12 months, but will result in a more healthy and sustainable Start-up, Hiring and Investor ecosystem ” “ With investors bridging overvalued portfolio startups to bring them to profitability and struggling to find attractive exits in a grossly devalued market, we are likely to see a period of consolidation in the FinTech space as many verticals are highly fragmented, creating a smaller but more sustainable ecosystem. We should also start to see a slow recovery of the IPO market in the next semester as valuations have started to slowly pick up and inflation is declining ”. “ Last year’s shake up with valuations coming down, fundraising slowing down and the exit window closing up, was painful yet necessary. Consolidation and more competitive investment flows, combined with still significant levels of undeployed capital, will bring maturity to the FinTech sector. This new normal level of activity demonstrates the refocus of the FinTech ecosystem on long term sustainability versus short term gains " About Finch Capital Finch Capital is a Growth Investor in Europe’s Biggest Technology Transitions. We currently focus on 6 themes: FinTech (incl. Health and Insurance), Payments, Business Applications (Incl Accounting, Tax), Regulatory and ESG Software and Real Estate Technology. We back companies generating €2m+ in ARR by investing €5 to €15m initially and help them scale to €30m-€50m revenues by building sustainable and capital efficient business models. We have invested in ±45 companies including Fourthline, Goodlord, Grab, ZOPA, Twisto, AccountsIQ, Nomupay and Symmetrical. Finch Capital consists of a team of 12 investment professionals with wide entrepreneurial experience located across offices in Amsterdam, London and Dublin. For more information see www.finchcapital.com and subscribe to our newsletter. Contact Details Finch Capital Radboud Vlaar Radboud@finchcapital.com Finch Capital Aman Ghei aman@finchcapital.com Company Website https://www.finchcapital.com/

September 12, 2023 03:00 AM Eastern Daylight Time

Image

Marketplacer Helps FINN Give Refurbished Electronics A Second Life

Marketplacer

Marketplacer, a global technology platform that enables brands, retailers, suppliers, communities, and innovators to build and grow successful online marketplaces at scale, is proud to announce today that one of the most well-known brands in Norway - FINN - is experiencing record growth on its new Marketplacer-powered e-commerce site for used smartphones and accessories, FINN Nybrukt. Based in Oslo, Norway, FINN is the country’s largest online marketplace, allowing consumers to purchase anything from cars to houses to general merchandise. In February 2023, the company expanded these offerings with the launch of FINN Nybrukt, a new e-commerce marketplace for used smartphones and accessories, where buyers can choose from a variety of pre-owned, refurbished phones, and sellers can help their used phones find a second “life” and avoid the landfill, which is a key mission for FINN. Essentially functioning as a boot-strapping startup within the larger Schibsted family of brands, the team at FINN considered building an e-commerce platform on its own. Instead, the team decided that its business objectives would be better served by choosing a technology partner that it could collaborate with in order to meet its business objectives. FINN chose Marketplacer because the company’s fast, flexible and easily-scalable marketplace platform technology aligned perfectly with FINN’s accelerated time-to-market target. “FINN was already a household name in Norway, but what the team was looking to do with FINN Nybrukt was a new adventure,” said Marketplacer CEO and Co-Founder Jason Wyatt. “We have a deep understanding of the different needs and approaches start-ups have compared to their more established corporate counterparts. FINN knows how to sell almost anything and we know how to create the infrastructure to make it happen and how to make it happen fast.” Ultimately, FINN was able to launch its new Marketplacer-powered e-commerce platform in less than six months and the site continues to experience a tremendous uptick in interest over the first few months of operations. In fact, while July is traditionally a slow month for sales in Norway, FINN Nybrukt saw an all-time high in sales. “We are always looking for new business models for marketplaces and the demand for refurbished electronics is hot,” according to Emilie Høstmark, team lead for refurbished electronics at FINN/Schibsted’s Nordic Marketplaces division. “Since so many people have used electronics, giving them a simple way to re-circulate them not only makes economic sense, but also helps the environment by reducing e-waste. The partnership also enables us to scale and expand into other countries across the region which was a key consideration for us.” Following the success of its refurbished smartphones marketplace, FINN plans to expand into additional categories, including tablets, smartwatches and AirPods, with the potential to further expand into gaming equipment and more. The company is also looking to expand geographically, leveraging its sister marketplaces across the Nordic region. The FINN Nybrukt marketplace is live and interested sellers in the Nordics can find more information here. About Marketplacer Marketplacer is a global technology Software as a Service (SaaS) platform equipped with all the tools and functionality needed to build successful and scalable online marketplaces, at speed. To date, Marketplacer has helped build and deploy over 100 Marketplaces connecting over 13,000 businesses worldwide. The Marketplacer platform exists to make growth simple, from implementing marketplace strategies such as shipment from drop-ship sellers, adding new categories or third-party range extension, through to consolidating markets and rolling out modern revenue models such as recurring memberships that allow businesses to grow faster and beyond the constraints of capital inventory. Born and bred from the award-winning BikeExchange, the biggest online marketplace for anything and everything bike, founders Jason Wyatt and Sam Salter saw the opportunity to license the online software platform and apply it to new marketplaces. Marketplacer is responsible for the creation of online e-commerce solutions and business transformations of companies around the world. Visit www.marketplacer.com for more information. About FINN FINN.no is Norway's largest online marketplace with almost 500 employees and was founded in 2000. Ever since, FINN has gained enormous popularity among Norwegians, its reputation is one of Norway's strongest and almost every Norwegian has a relationship with FINN. Every year Norwegians spend an average of almost 33 hours on FINN.no. and more than 14 million ads are published. FINN has the #1 position in the markets they are in and connects millions of buyers and sellers. Whether it is to buy or sell products, looking for a house or a new job, browse cars or boats, or dreaming of the next holiday - FINN offers the opportunity to realize dreams and make sustainable choices. As part of Schibsted Nordic Marketplaces, which consists of strong, local marketplaces across the Nordics, FINN also has a cross-Nordic perspective and view. Contact Details Marketplacer Press Inquiries: Michael Herrera michael.herrera@marketplacer.com Company Website https://www.marketplacer.com/

September 12, 2023 12:00 AM Mountain Daylight Time

News Release

Terran Orbital hits major milestone with launch of Responsive Space Initiative

Terran Orbital

Terran Orbital CEO Marc Bell joined Steve Darling from Proactive to share news the company has announced the launch if its Responsive Space initiative, offering customers the ability to obtain satellite buses within 30 days and complete satellite systems with integrated payloads within 60 days. This program features seven new satellite buses and aims to standardize common components for quicker delivery and lower costs. Terran Orbital is focused on streamlining the satellite manufacturing process by designing and producing a significant portion of the components that go into a satellite bus. The company's goal is to provide flexible, high-quality, and reliable small satellites to a wide range of customers, including military, civil, and commercial clients, in a more cost-effective and timely manner. To support this initiative, Terran Orbital is constructing a new facility in Irvine, California, scheduled to become operational in the summer of 2024. This expansion will enhance the company's capabilities and capacity for satellite production. By offering rapid access to satellite technology, Terran Orbital aims to accelerate space-based innovation and support a wide range of applications, including Earth observation, communication, and scientific research. This initiative positions the company as a key player in the growing small satellite market. Contact Details na-editorial@proactiveinvestors.com +1 347-449-0879 na-editorial@proactiveinvestors.com

September 11, 2023 01:18 PM Eastern Daylight Time

Video

VT Markets Is The New Multi-Award Winning Brokerage Catering To The MENA Region

Benzinga

In recent years, Forex and contract for difference (CFD) trading have seen a tremendous surge in popularity in the Middle East and North Africa (MENA) region. This growth can be attributed largely to increased market accessibility, technological advancements and the desire for diversified investment opportunities. One of the main drivers of the growing popularity of Forex and CFD trading in the MENA region is the increasing accessibility to global financial markets. Traditionally, access to such markets was limited to institutional investors or high-net-worth individuals. However, with the emergence of online trading platforms and the widespread availability of internet services, retail traders in the MENA region can now easily participate in the global financial market. This shift has democratized trading and opened up new opportunities for individuals seeking to diversify their investment portfolios. Low corporate tax rates and clear regulations have attracted many brokers to the region, and companies like VT Markets are catering and contributing to this growth in the MENA region. VT Markets is a well-known and respected broker that offers multi-asset trading services to retail traders worldwide, with a focus on Forex and CFD. Based in Australia, this brokerage has established itself as a trusted name over the last decade by providing innovative products and services that cater to the needs of traders. With over 200,000 clients from over 160 countries, the company has cemented its reputation by facilitating an average daily trade volume of over 4 million trades each month. Traders can sign up for an account with VT Markets in a matter of minutes. The development of user-friendly trading platforms and mobile applications has made it easier for traders to access and trade financial markets on the go. Platforms like VT Markets provide real-time market data, charting tools and educational resources that enable traders to make informed investment decisions. VT Market has successfully created a trustworthy and user-friendly platform that caters to the needs of all traders, particularly those in the MENA region who are new to trading. The demand for mobile app trading has been soaring, with a staggering $22 billion in revenue generated in the year 2022 in the U.S. alone. Forex trading has reached new highs, with a daily turnover of $7.5 trillion globally in 2022, up from $6.6 trillion in 2019. There are approximately 10 million Forex traders globally. Interestingly, more than 50% of Forex traders favor trading through mobile devices or apps. Recognizing the demand for mobile apps, VT Markets provides a range of platforms to cater to different preferences, including the renowned MetaTrader 4 and 5 platforms, along with WebTrader, WebTrader+, and their proprietary VT Markets app. The company was honored with the title of Best Multi-Asset Broker in South Africa 2023 by World Business Stars Magazine, solidifying its reputation as a reliable broker. VT Markets’ excellence in Forex trading was also acknowledged by World Business Stars Magazine, which awarded the company Best Forex Platform in UAE 2023. Notably, the company was also recognized as the Best Multi-Asset Broker in the MENA region for 2023 by International Business Magazine, further highlighting its appeal and recognition among traders in the Middle East and North Africa. These awards highlight VT Market's commitment to providing exceptional services and platforms to its clients. Learn more about VT Markets by visiting its website. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 11, 2023 09:25 AM Eastern Daylight Time

NAVEX Announces New London Hub Office Following Significant Growth in Europe

NAVEX Global

NAVEX, the leader in integrated risk and compliance management solutions, today announced significant international customer momentum and the expansion of its existing presence in London with new office space that will continue to serve as its European hub. This is a strategic move that succeeds the business’ growing footprint in Finland, the acquisition of WhistleB in Sweden, and the establishment of its Frankfurt data facility. NAVEX business in the EMEA region grew by more than 30% in the second quarter of this year alone. Customers turn to NAVEX for comprehensive internal reporting, third-party risk management, policy administration, employee training, and more. Demand for automated risk management has grown sharply in recent years as organisations face new and evolving regulatory requirements (like the EU Whistleblowing Directive, German Supply Chain Due Diligence Act, and Corporate Sustainability Due Diligence Directive), systemic risks, and heightened expectations from stakeholders. NAVEX has achieved robust growth in both revenue and number of customers throughout Europe since 2021. Its UK-based customers include market-leading brands such as Serco, Soneva, and Currys. Currys, a leading omnichannel retailer of technology products and services, selected NAVEX to help streamline its whistleblowing incident management and reporting processes. “The NAVEX One suite of ethics and compliance software solutions help us manage our risks, protect our business reputation, and create a better workplace,” commented Craig Hall, Senior Compliance Monitoring Manager at Currys. “Its solutions have enabled us to save time, align case management processes, and deep dive into whistleblowing reports.” Best-in-class support In a rolling customer survey NAVEX conducts each quarter, the company’s service and support received a best-in-class professional services satisfaction score of 98% among European customers. This level of service is seen across the board with implementation satisfaction and technician support scores averaging well above 90%. New London office The new London workspace, located in Hammersmith, will house NAVEX’s growing team of sales, marketing, and customer support professionals. The office will also serve as a hub for its European operations, providing customers throughout the region with access to local resources and service expertise. “This continued growth is driven by the everchanging work environment and customers’ increasing focus on doing the right thing by creating transparent, safe, and responsible workplaces,” said Florian Haarhaus, International General Manager at NAVEX. “Our commitment is to empower the European market. Helping everyone, from small and medium sized businesses to large enterprises, to protect themselves against risks and meet all regulatory requirements; while also building stronger organisational cultures.” NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Anita Lo +44 7778 754858 anita.lo@navex.com Company Website https://www.navex.com

September 11, 2023 05:00 AM Eastern Daylight Time

News Release

C-Com Satellite Systems records bumper sales in August

C-Com Satellite Systems Inc

C-Com Satellite Systems Inc (TSX-V:CMI, OTCQB:CYSNF) CEO Leslie Klein speaks to Thomas Warner from Proactive after the satellite-based antenna systems company announced it sold more than US$3 million of equipment during August 2023. Klein starts by giving a brief overview of how the business has been performing over the last eighteen months, highlighting its successful reemergence from the COVID-19 pandemic and a ramp-up in sales since, particularly in their innovative Manpack product, which is portable and ideal for emergency and military applications. Klein emphasises that their products, although not currently built to military specifications, are gaining traction in the military market due to their user-friendliness and affordability. He notes that C-Com has a diverse product portfolio with 30 offerings catering to various satellite markets and highlights the company's impressive financial stability, with no debt and $25 million in working capital. He also suggests that C-Com is on the verge of revolutionising the satellite communication industry with the development of an electronic phased array antenna for communication on the move, opening doors to a potential $17 billion market. Klein will be presenting this groundbreaking technology at the Planet MicroCap conference in Vancouver on 6 September. Contact Details Proactive Investors +44 20 7989 0813 uk@proactiveinvestors.com

September 08, 2023 01:39 PM Eastern Daylight Time

Video

ARway.ai lands another major contract with academic institution in Turkey

ARway

ARway Corp CEO Evan Gappelberg joined Steve Darling from Proactive to unveil significant news as the company proudly introduced a fresh contract signed with Süleyman Demirel Üniversitesi, one of Turkey's largest academic institutions boasting an enrollment of approximately 70,000 students. Gappelberg elaborated on the contract, which is structured into two distinct phases. Phase one involves an initial investment of around $10,000, and phase two promises a substantial six-figure annual commitment. This announcement follows closely on the heels of ARway.ai's recent revelation regarding multi-year contracts secured with the largest car rental network in South America and a gradual implementation partnership with one of California's largest shopping malls. ARway Corp's demonstrated success in establishing partnerships with prominent organizations across diverse sectors underscores the company's sustained growth and the soaring demand for its innovative augmented reality (AR) solutions. With a strong presence in academia, transportation, and the retail sector, ARway Corp is strategically positioned to further expand its AR portfolio and bolster its foothold in the market. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

September 08, 2023 12:46 PM Eastern Daylight Time

Video